PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1640740
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1640740
Oat-based Snacks Market Introduction and Overview
According to SPER Market Research, 'Global Oat-based Snacks Market Size- By Product, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' states that the Global Oat-based Snacks Market is estimated to reach USD 35.44 billion by 2033 with a CAGR of 4.68%.
Oats, a nutrient-rich whole grain, serve as the foundation for oat-based snacks. These snacks offer a convenient and healthy choice for busy individuals. They come in various forms, including granola bars, cookies, crackers, and even savory crisps. The fiber in oats, especially beta-glucan, is believed to aid digestion, promote heart health, and help regulate blood sugar levels. Moreover, oats provide an excellent supply of essential vitamins, minerals, and antioxidants.
Impact of COVID-19: The COVID-19 pandemic had a substantial effect on the supply and demand dynamics of the global oat-based snacks market. On the one hand, as consumers looked for better substitutes for conventional processed snacks, the pandemic's increased emphasis on immunity and health increased demand for healthy, plant-based, and functional meals. This, in turn, made oat-based snacks more alluring. However, manufacturing and delivery were impacted by workforce shortages, supply chain interruptions, and logistical difficulties during lockdowns, which occasionally resulted in delays and shortages.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Product, By Distribution Channel.
Regions covered
North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
Companies Covered
Abbott, Bobo's Oat Bars, Britannia Industries, General Mills Inc., MondelA"z International, Nairn's Oatcakes Limited, Pamela's Products, Seamild Food Group, The Quaker Oats Company, and WK Kellogg Co.
Oat-based Snacks Market Segmentation:
By Product: Based on the Product, Global Oat-based Snacks Market is segmented as; Oat-based Bakery and Bars, Oat-based Savory.
By Distribution Channel: Based on the Distribution Channel Global Oat-based Snacks Market is as: Offline, Online.
By Region: This research also include data for North America, Europe, Asia-Pacific Middle East & Africa and South America.