Global Oat-based Snacks Market By Product (Oat-based Bakery and Bars Oat-based Savory, Others), Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores, Retailers, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Oat-based Snacks Market
The global oat-based snacks market is anticipated to witness a substantial growth during the forecast period of 2019-2026. Changing eating habits and availability of innovative products is likely to create opportunity in the oat based snacks market.
Market Definition: Global Oat-based Snacks Market
Oats are high source of vitamins, antioxidants, mineral and fiber that makes oat-based snacks nutritious food products. Several health benefits and high nutritional value of oats could be the main element for the high popularity of oat-based snacks. These snacks are consumed for breakfast. Apart from this, companies are introducing variety of healthy snacks into the global market, which is likely to trigger the market growth.
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- Increasing health awareness regarding several chronic diseases is the major factor boosting this market growth
- Oats provides high nutritional value when compared to any other snacks; this is another factor driving the market growth
- Healthy weight loss and high metabolism are provided by oats consumption uplifts the demand of the market
- Prevailing demand from several supermarkets, departmental store, hypermarkets will also enhance the growth of this market
- Risk of contamination, this factor can impede the market growth
- Stringent regulations regarding food products is another factor restricting the market growth
- Availability of substitutes in the market will also acts as a restraining factor for the growth of this market
Segmentation: Global Oat-based Snacks Market
- Oat-based Bakery and Bars
- Oat-based Savory
By Distribution Channel
- Hypermarkets and Supermarkets
- Convenience Stores
- North America
- Rest of Europe
- South Korea
- New Zealand
- Rest of Asia-Pacific
- South America
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of Middle East and Africa
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Key Developments in the Market:
- In May 2019, UK headquartered snacks brand Graze launched oat-based snacks range named as Wow Bakes that contains 100 calories per serving. This range is available in four different flavours such as honeycomb crumble, lemon drizzle, sticky toffee, and chocolate sea salt. This product launch will upscale the demand for oat-based snacks in the near future by significantly reducing the sugar content across the entire cereal bar range
- In June 2019, shortbread manufacturer Paterson’s introduced on-the-go oat snacking bar with four different variants including Cranberry, Apple, Blueberry, and Raspberry.it contains around 170 calorie and less than 2.5% saturated fat. As on-the-go food products are highly preferred by working people that could also help to increase the oat-based snacks market growth
Global Oat-based Snacks Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of oat-based snacks market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Some of the key players operating in the global oat-based snacks market are PATERSON ARRAN, nature delivered ltd, General Mills Inc., Kellogg NA Co., Mondelez International, Britannia Industries., NAIRN’S OATCAKES LIMITED, The Quaker Oats Company, BOBO’S, Uncle Tobys, Libre Naturals Inc, STOATS, SERIOUS FOODS BELGIUM sprl, Seven Sundays, Del Monte Food, Inc, Chicago Bar Company LLC., Hearthside Food Solutions LLC, MUSH – Overnight Oats. Barbara’s among others.
Research Methodology: Global Oat-based Snacks Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Competitive analysis of key competitors involved in the market
- Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
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