The Europe oats market in Europe is expected to grow from US$ 3,633.78 million in 2021 to US$ 4,496.77 million by 2028; it is estimated to grow at a CAGR of 3.1% from 2021 to 2028.
The COVID-19 pandemic has had a humungous impact on consumer buying behavior and eating habits. Rising health concerns and the growing awareness regarding the consumption of natural and functional food, have given rise to new food & beverage trends. The majority of consumers are opting for immunity-boosting functional food products. The increasing consumer preference for products that offer both indulgence and health attributes is propelling food manufacturers to use oats in their products. Thus, various health benefits associated with oats are accelerating the market growth substantially.
In Europe, currently, the UK, France and Russia are the hardest-hit countries by the coronavirus outbreak. It is estimated to suffer an economic hit due to a lack of revenue from various industries, as the country recorded the highest number of coronavirus cases followed by France, Spain, Italy, and Germany. Other member states have implemented drastic measures and travel restrictions, including partially closing their borders. This is anticipated to impact market growth in Europe.
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 Europe oats market is expected to grow at a good CAGR during the forecast period.
Europe Oats Market Revenue and Forecast to 2028(US$ Million)
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Europe 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
- Europe
- Germany,
- France,
- UK,
- Italy,
- Russia ,
- Rest of Europe
Companies Mentioned -
- Glanbia Plc
- JELU-WERK J. Ehrler GmbH & Co. KG
- Lantmännen
- Morning Foods
- Oy Karl Fazer Ab
- Richardson International Limited
- Swedish Oat Fiber AB
Europe Oats Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 3,633.78 Million |
| Market Size by 2028 | US$ 4,496.77 Million |
| CAGR (2021 - 2028) | 3.1% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Process
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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