Market Size of Oat Protein Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 1.22 % |
| Fastest Growing Market | Europe |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Oat Proteins Market Analysis
The global oat protein market is projected to grow at a CAGR of 1.22%, during the forecast period (2020 - 2025).
- The market is driven by various factors, such as increasing awareness about protein-rich diets and rising inclination toward vegan diets among consumers. Additionally, the high nutritional value of oat protein has increased its adoption rate.
- The oat protein market is witnessing an increasing demand in almost all applications, including foods and beverages. Moreover, it is increasingly being used in health supplements, as it contains amino acids, which aid in the growth and repair of muscles.
- The COVID-19 pandemic has been identified as the most recent driver benefitting the market studied. As consumers are turning more toward nutritious diets and health supplements, it is putting a pressure on food manufacturers to launch differentiated product offerings relying on exceptional protein source as oat.
