Global Oat Protein Market - Growth, Trends, and Forecast (2022 - 2030)
Oat Protein Market Insights
The global oat protein market is expected to register a CAGR of 4.2% during the forecast period (2018–2023). Oat protein in being extensively being used to make supplements as it contains the necessary ingredients which aids in building muscles. It is also observed that oat protein is increasingly being used in cosmetics and animal feed, as it adds greater energy value to the product than its substitutes.
Oat Protein Market Dynamics
With the increase in the demand for nutrition products, oat protein infused beverages, bakery items, supplements and others are making its way into the market, as it contains 55% protein and is suitable for flavoring. Oat protein is increasing being used in health supplements, as it contains amino acids which aid in muscle growth and repair and plays a major part in sports nutrition as it is has application in protein bars and shakes. All these factors are expected to drive the growth of global oat protein market.
The presence of large number of substitutes like soya and others, which contains protein in heavy quantities and is heavily demanded by the nutraceutical companies, leads to an increased competition for oat protein products.
Adoption of innovative strategies to manufacture oat protein, like reducing the cost of production by setting up manufacturing facilities close to the market and raw material production units, reducing supply chain and others, is expected to drive the growth of the oat protein market during the forecast period.
Oat Protein Market Segmentation
The global oat protein market has been segmented by type and application. Oat protein has major applications in food, beverage and supplements, as oats contains a globulin or legume-like protein, avenalin which has 80% protein content and is easily soluble.
Oat Protein Regional Market Analysis
North America is the leading producer of oats protein due to the presence of high demand for ready-to-eat nutritional food and beverage products like protein bars, protein shakes and others, coupled with the well-established market for supplements in countries like US, Canada and others.
Oat Protein Key Developments
June 2017 – Nestles brand Quaker Oats launched a new oat protein powder called Oats So Simple Protein sachets in original and cinnamon flavors, to meet the demands for nutrition in daily food and capitalizing on the growing protein trend.
Oat Protein Competitive Landscape
Major Players - Croda International Plc, Lotioncrafter Llc, Nestle Sa, Oat Tech Inc., Provital Group, Swedish Oat Fiber Ab and Tate & Lyle, among others.
Tate & Lyle, Croda International Plc and Provital Group hold the major share of the global oat protein market.
Reasons to Purchase the Oat Protein Report
• Analyzing outlook of the market with the recent trends and Porters five forces analysis
• Market dynamics which essentially consider the factors which are impelling the present market scenario along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
• Competitive landscape involving the market share of major players along with the key strategies adopted for development in the past five years
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major market players
• 3 months analyst support along with the Market Estimate sheet in excel.
Customization of the Oat Protein Report
• This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.
The global oat protein market is expected to register a CAGR of 4.2% during the forecast period (2018–2023). Oat protein in being extensively being used to make supplements as it contains the necessary ingredients which aids in building muscles. It is also observed that oat protein is increasingly being used in cosmetics and animal feed, as it adds greater energy value to the product than its substitutes.
Oat Protein Market Dynamics
With the increase in the demand for nutrition products, oat protein infused beverages, bakery items, supplements and others are making its way into the market, as it contains 55% protein and is suitable for flavoring. Oat protein is increasing being used in health supplements, as it contains amino acids which aid in muscle growth and repair and plays a major part in sports nutrition as it is has application in protein bars and shakes. All these factors are expected to drive the growth of global oat protein market.
The presence of large number of substitutes like soya and others, which contains protein in heavy quantities and is heavily demanded by the nutraceutical companies, leads to an increased competition for oat protein products.
Adoption of innovative strategies to manufacture oat protein, like reducing the cost of production by setting up manufacturing facilities close to the market and raw material production units, reducing supply chain and others, is expected to drive the growth of the oat protein market during the forecast period.
Oat Protein Market Segmentation
The global oat protein market has been segmented by type and application. Oat protein has major applications in food, beverage and supplements, as oats contains a globulin or legume-like protein, avenalin which has 80% protein content and is easily soluble.
Oat Protein Regional Market Analysis
North America is the leading producer of oats protein due to the presence of high demand for ready-to-eat nutritional food and beverage products like protein bars, protein shakes and others, coupled with the well-established market for supplements in countries like US, Canada and others.
Oat Protein Key Developments
June 2017 – Nestles brand Quaker Oats launched a new oat protein powder called Oats So Simple Protein sachets in original and cinnamon flavors, to meet the demands for nutrition in daily food and capitalizing on the growing protein trend.
Oat Protein Competitive Landscape
Major Players - Croda International Plc, Lotioncrafter Llc, Nestle Sa, Oat Tech Inc., Provital Group, Swedish Oat Fiber Ab and Tate & Lyle, among others.
Tate & Lyle, Croda International Plc and Provital Group hold the major share of the global oat protein market.
Reasons to Purchase the Oat Protein Report
• Analyzing outlook of the market with the recent trends and Porters five forces analysis
• Market dynamics which essentially consider the factors which are impelling the present market scenario along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
• Competitive landscape involving the market share of major players along with the key strategies adopted for development in the past five years
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major market players
• 3 months analyst support along with the Market Estimate sheet in excel.
Customization of the Oat Protein Report
• This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.
Frequently Asked Questions
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