According to the report, published by Fortune Business Insights, in a report, titled “Oatmeal Market Size, Share & Industry Analysis, By Form (Conventional and Organic), By Type (Quick/Instant Oatmeal, Steel cut/Irish Oatmeal, Scottish Oatmeal, and Oat Flour), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail, and Others), and Regional Forecasts, 2019 – 2026” the market size stood at USD 2.31 billion in 2018. The report incorporates several factors that have impacted the Oatmeal Market growth and share in recent years. Besides providing insights on the growth stimulators, it reveals a few factors that have restricted the market growth.

The global oatmeal market size is expected to reach USD 3.32 billion by 2026, exhibiting a CAGR of 4.76% during the forecast period. The growing prevalence of diabetes mellitus (DM) among people will spur demand for healthy foods, which in turn will uplift the Oatmeal Market share. For instance, as per the data provided by healthy people program, diabetes affects an estimated 29.1 million people in the United States and is the 7th leading cause of death. In addition, the estimated total financial cost of DM in the United States in 2012 was $245 billion, which includes the costs of medical care, disability, and premature death. Nonetheless, the growing inclination towards healthy eating habits will subsequently aid the Oatmeal Market growth.

https://www.fortunebusinessinsights.com/oatmeal-market-102179