Global Oatmeal Market Is Estimated To Witness High Growth Owing To Growing Preference For Healthy Meals And Increasing Use Of Oats In Bakery Goods

 

Overview:

Oatmeal is a very nutritious food that is great for breakfast. It is a good source of fiber and protein, and it is very low in fat. Oatmeal can be sweet or savory. The best oatmeal is made from old fashioned, slow-cooked rolled oats. Oats are also a great source of B vitamins. These nutrients are important for energy metabolism and the immune system. Oatmeal is a low-calorie food that can be eaten in large quantities without gaining weight. As part of a high-fiber diet, oatmeal can reduce the risk of heart disease. Oatmeal is a healthy way to start the day, and it provides great energy boost. This type of breakfast is especially good for losing weight. Another benefit of oatmeal is that it contains antioxidants called avenanthramides. Oatmeal Market compounds can help fight inflammation. They are also said to have anti-cancer properties.

 Market Dynamics:

Growing product launches is estimated to augment growth of the global oatmeal market during the forecast period. For instance, Path of Life launched the new frozen steel-cut oats in April 2021. The product is available in two flavors, Organic Apple Cinnamon Steel Cut Oatmeal and Organic Berry Steel Cut Oatmeal. Moreover, rising availability of alternative products is anticipated to restrain growth of the global oatmeal market during the forecast period.

Impact of COVID-19:

During COVID-19 people around the world became more aware regarding their health. Individuals were focusing on their health and well-being. This led to rise in demand of nutritional food items globally. However, due to increasing restrictions from many governments the production of several food and beverage industries was halted. This had a negative impact on the food and beverage market. The consumption of oats was seen to rise during the pandemic as it is a healthy alternative. The consumption of oats at home had increased during the pandemic. This had a positive impact on the growth of the global oatmeal market.

Key Takeaways:

The global oatmeal market is estimated to witness robust growth, exhibiting CAGR of XX% during the forecast period, owing to increasing acquisitions. For instance, Brekki was acquired by a US-based food company Cedar's Foods in February 2020. This acquisition will help Cedar’s in expansion of their product portfolio with expertise from Brekki.

North America is anticipated to witness significant growth in the global oatmeal market over the forecast period, owing to increasing demand for nutritious and healthy breakfast options.

Key players active in the global oatmeal market are Hain Celestial Group, Blue Lake Milling, PepsiCo, Bob's Red Mill Natural Foods, Glanbia PLC., B&G Foods, Weetabix Limited, The Kellogg Company, Nature's Path Foods, General Mills, Morning Foods, Avena Foods Limited, Quaker Oats Company, Richardson International Limited
and B&G Foods, Inc.