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The informed choices of people compel them to opt for a healthy and balanced diet this tends them to move towards the consumption of cereals. The habitual consumption cereals are able to lower the risk of type 2 diabetes, heart disease, and mortality due to cancer. Also, they contain dietary fiber, which are well known for their health benefits. Oats are an important cereal these days as they contain a high concentration of soluble fibers that reduces bad cholesterol. It is also used in food additives. Due to a fast-paced lifestyle and eating junk food to save time, people are considering oats as their essential part of their life as it is easy to prepare, saves time, affordable and also has plenty of health benefits. In addition to this, there are several celebrity endorsements that are able to catch the eyes of the people towards the product. These are the major factors that will help to flourish and propel the oat bran market in the developed and developing countries in the forthcoming years.
Market scope and structure analysis:
Report Metric
Details
Market size available for years
2020–2027
Base year considered
2019
Forecast period
2021–2027
Forecast units
Value ($US)
Segments covered
Application, Type, Form, Distribution channel and Region
Regions covered
North America (U.S, Mexico, and Canada), Europe (Germany, UK, France, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA)
Companies covered
Kellogg's, Mornflake Mighty Oats, NOW Foods, Flahavans and Sons Ltd., Ceres Organics, Bulk Barn Foods, Richardson Milling, PepsiCo Canada ULC, Hodgson Mill, Richardson International Limited, and Ceres Organic
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COVID-19 Scenario Analysis:
Lockdown Effects:
People are boosting their immunity and enhancing their health in this phase. These are the factors that compel them for the adoption of oat bran. Moreover, due to stockpiling and production disruption, we are going to face an extreme shortage of these cereals in the near future.
Economy:
The initial months of lockdown proved to be fruitful to the oat bran market due to high demand. But the disruption caused by restrictions on export-import, the market is facing economic turbulence due to non- productivity as a major portion of a country’s economy is through cereals market.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
The key reason behind the flourishment of the oat bran market is health benefits. It has a multicultural appeal so that people of every age group can include in their diet. Moreover, the rise in the emergence of social media marketing enables it to gain more popularity across the world. They are used as a food additive in muffins and cakes to enhance their nutritional value. It is also used in dairy products like oat milk, yogurt, etc. An increase in the disposable income and demand for a healthy diet can lead to boost the global market growth. Also, it is a good alternative for gluten in bakery and various other food products. Its high fiber content and nutritional enrichment is able for the conversion of suspects to prospects.
Some of the prominent trends that the market is witnessing include
Emergence of Online Distribution Platforms:
The growth in consumption of oat bran in emerging countries is facilitated by the network of online channels which promote reachability of accessibility to broader sections of people, thus facilitating oat bran business.
Emerging in foodservice chains
An increasing number of foodservice chains are promoting their redecorated menus with the addition of healthy diet sections, which is a part of their strategy to boost in-store footfall. Oats, so far, are preferred amongst the top healthy diets, offers a window of opportunities for the foodservice operators in terms of aesthetic experiments.
In-depth analysis of the COVID-19 impact on the Oat Bran Market: https://www.alliedmarketresearch.com/request-for-customization/1152...
Key Segments Covered:
Segments
Sub-segments
Application
Food Industry
Bakery and Confectionaries
Animal Feed
Healthcare
Personal Use
Type
Organic Oat Bran
Normal Oat Bran
Form
Liquid
Powder
Tablets
Capsules
Distribution channel
Online Sales
Supermarkets / Hypermarket
Convenience Store
Food Specialty Store
Others
Key Benefits of the Report:
This study presents the analytical depiction of the global oat bran industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global oat bran market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global oat bran market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global oat bran market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Oat bran Market Research Report:
What are the leading market players active in the oat bran market?
What the current trends will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What future projections would help in taking further strategic steps?
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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