Report : Asia Pacific Oats Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Process (Rolled, and Steel-Cut) , Category (Organic, and Conventional) , Nature (Gluten-free, and Conventional) , Form (Flakes, Flour, and Others) , Application (Food and Beverages, Animal Feed, Personal Care, and Others) , and Country
Rolled Segment has the Largest Share of Process in the Asia Pacific Oats Market during 2020–2028
According to a new market research study on “Asia Pacific Oats Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Process, Category, Nature, Form, and Application” is expected to reach US$ 2,265.29million by 2028 from US$ 1,669.37million in 2021. The market is estimated to grow at a CAGR of 4.5% from 2021 to 2028. The report provides trends prevailing in the Asia Pacific oats market along with the drivers and restraints pertaining to the market growth. The growth of this market is estimated to increase the wide application scope of oats, and health benefits associated with oats are the key factors driving the market growth. However, the market is expected to experience slow growth during the forecast period owing to the availability of substitutes.
The COVID-19 pandemic is anticipated to cause a significant economic loss in Asia-Pacific. The consequence and impact can be even worse, and they totally depend on the spread of the virus. The Asian economies have been hit hard due to the pandemic. Currently, India has recorded the highest number of cases as well as the emergence of new COVID-19 waves in India, Thailand, and other Asian economies have prolonged the effect of pandemics upon the food and beverage industries. The ongoing COVID-19 pandemic is anticipated to cause huge disruptions in the growth of various industries of Asia-Pacific.
The market for Asia Pacific is segmented into the process, category, nature, form, and application. Based on Process, the Asia Pacific oats market is segmented into rolled, and steel-cut. Rolled oats are one of the most popular types of oats because of their versatility. The oat groat is steamed before being rolled flat between steel rollers to produce these oats.In 2021, the rolled segment accounted for a larger revenue share during the forecast period. Also, the rolled segment is estimated to register the highest CAGR during the forecast period.
Blue Lake milling, Glanbia Plc, Lantmannen, and Richardson International Limited. Among the leading companies in the Asia Pacific oats market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The market for Asia Pacific oats market is segmented into process, category, nature, form, and application. Based on Process, the Asia Pacific oats market is segmented into rolled, and steel-cut .Based on Category, the Asia Pacific oats market is segmented into organic, and conventional. Based on Nature, the Asia Pacific oats market is segmented into gluten-free, and conventional. Based on form, the Asia Pacific oats market is segmented into flakes, flour, and others. Based on Application, the Asia Pacific oats market is segmented into food & beverages, animal feed, personal care, and others. Geographically Asia Pacific market segment (China, Japan, India, South Korea, Australia and Rest of Asia Pacific).
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