Asia Pacific Oats Market Growth and Analysis by 2028

The oats market in Asia Pacific is expected to grow from US$ 1,669.37 million in 2021 to US$ 2,265.29 million by 2028; it is estimated to grow at a CAGR of 4.5% from 2021 to 2028.

Oats are increasingly being used as a replacement for high-energy cereals, such as barley and corn, which has established the animal feed industry as a key end-user. Oats can also be found in a wide range of food & beverages, including extruded breakfast cereals and snacks, instant powders, dry soups and sauces, ready-to-drink beverages, bread, cakes, crispbread, biscuits, desserts, ice cream, pasta/noodles, health and medical food products, and sports bars/food/powder/drinks, for nutritional and functional purposes. It has a high concentration of total proteins, carbs (starch), crude fat, dietary fiber (no starch), a unique antioxidant, and vitamins and minerals. Such wide application scope of oats is the main factor, driving the Asia Pacific oats market’s growth.

The COVID-19 pandemic is anticipated to cause a significant economic loss in Asia-Pacific. The consequence and impact can be even worse, and they totally depend on the spread of the virus. The Asian economies have been hit hard due to the pandemic. Currently, India has recorded the highest number of cases as well as the emergence of new COVID-19 waves in India, Thailand, and other Asian economies have prolonged the effect of pandemics upon the food and beverage industries. The ongoing COVID-19 pandemic is anticipated to cause huge disruptions in the growth of various industries of Asia-Pacific.  

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the oats market. The Asia Pacific oats market is expected to grow at a good CAGR during the forecast period.

Asia Pacific Oats Market Revenue and Forecast to 2028(US$ Million)

Asia Pacific Oats Market Segmentation       

By Process

• Rolled
• Steel -Cut

By Category

•  Organic
• Conventional

By Nature

•  Gluten-Free
• Conventional

By Form

• Flakes
• Flour
• Others

By Application

• Food & Beverages,
• Animal Feed,
• Personal Care,
•  Others

By Country

• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia-Pacific

Companies Mentioned -

1. Blue Lake mIling
2. Glanbia Plc
3. Lantmannen
4. Richardson InternationalLimited

Asia Pacific Oats Report Scope