Global Oat-based Snacks Market Is Set To Garner Staggering Revenues By 2026


Posted November 12, 2019 by DatabridgeMR

Global Oat-based Snacks Market Is Set To Garner Staggering Revenues By 2026

 
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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Market Drivers

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

Market Restraints

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

By Product

Oat-based Bakery and Bars
Oat-based Savory
Others

By Distribution Channel

Hypermarkets and Supermarkets
Convenience Stores
Retailers
Others

By Geography

North America
U.S.
Canada
Mexico
Europe
Germany
Sweden
Poland
Denmark
Italy
U.K.
France
Spain
Netherlands
Belgium
Switzerland
Turkey
Russia
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
New Zealand
Vietnam
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
UAE
Saudi Arabia
Oman
Qatar
Kuwait
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

Competitive Analysis:

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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Issued By DBMR
Country India
Categories Blogging
Tags global oatbased snacks market
Last Updated November 12, 2019