The global oat fiber market size was valued at USD 2.31 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.5% from 2021 to 2028. Oat fiber is made through the grinding of the oat hulls, which is the outer shell of the oat grain. The growing demand for oat fiber in food & beverages on account of various health benefits associated with it is expected to propel the market growth. Some of the benefits of oat fibers include improved bowel health and reduced cholesterol levels & risk of heart diseases. In addition, the growing consumption of oat fiber as a part of the key to diet is contributing to the growth of the market.
As per the United States Department of Agriculture (USDA) in 2020, the total consumption of oat was increased to 23.8 million metric tons from 23.2 million metric tons in 2019. European Union was the largest contributor in the consumption of oat that consumed around 8.2 million metric tons of oat in 2020.
During the COVID-19 pandemic, several healthcare experts recommended maintaining a healthy diet for improved immunity, which further increased the demand for dietary fibers across the globe. Therefore, the pandemic had a positive impact on the global market. However, market players experienced a slight short fall in sales due to restricted production and disturbed supply chains. Despite this short slack in market revenue, it is expected that the sector will witness healthy growth in the coming years.
The food segment accounted for the largest revenue share of more than 54.5% in 2020. The oat fibers are mainly used in bakery products, such as bread and cookies, which, in turn, is supporting the segment growth. In 2018, the U.S. FDA approved the use of oat fiber as dietary fiber in baked goods. Thus, significant demand for oat fiber-based bakery products further propels the market growth over the forecast period. However, the others segment is estimated to register the fastest CAGR of 5.8% from 2021 to 2028.
The other segment includes animal feed and cosmetics. The growing product usage in animal feed as a source of insoluble fiber is one of the major factors influencing the segment growth. Moreover, the growing adoption of companion animals in developed countries further boosts the animal feed industry, which contributes to the product demand. The rising product demand in the cosmetics industry is projected to drive market growth during the forecast period.
The natural type segment dominated the market and accounted for the largest revenue share of more than 68.5% in 2020. The segment is expected to grow at a steady CAGR from 2021 to 2028. The high production of natural oats through the low-cost conventional production method across the globe is driving the segment growth. Based on type, the global market is categorized into organic and natural.
The organic segment is projected to grow at the fastest CAGR from 2021 to 2028. Organic oat fibers help improve digestion and reduce cholesterol levels. Therefore, the growing inclination of consumers towards organic oat fibers is projected to propel the segment growth. Moreover, the introduction of different organic oat fiber-based food products is further projected to drive the segment over the forecast period.
Asia Pacific is expected to register the fastest CAGR of 6.2% from 2021 to 2028. China, Japan, and India are positively contributing to the growth of the regional market. With the largest growing population and increasing consumption of healthy and dietary fiber-based products, the region is witnessing huge demand for oat fiber. Asia Pacific has become the focus of future growth for various oat fiber companies due to the rising food processing sector coupled with the availability of low-cost labor and inexpensive raw materials. The projected growth is primarily driven by the increasing product demand in India, China, and Australia.
Europe is estimated to account for the highest revenue share by 2028. Well-developed countries, such as Germany, the U.K., and France, are contributing to the market revenue. As per the U.S. FDA, European Union was one of the largest consumers of oats and consumed around 8.2 million metric tons of oats in 2020. Moreover, the rising awareness regarding the intake of healthy oat fiber-based products in developed countries will support the market growth.
The market is characterized by the presence of well-established players and several small- and medium-scale players. Vendors are actively following various organic as well as inorganic business strategies to strengthen their position in the global market. Vendors are focusing on new product launches to meet consumers’ expectations. In addition, vendors are trying to provide organic oat fiber for the use in the production of various healthy and dietary fiber products. Moreover, vendors are investing in geographical expansion to increase the customer base. Such initiatives are expected to boost product sales. Some of the prominent players in the global oat fiber market include:
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Report Attribute |
Details |
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Market size value in 2021 |
USD 2.43 billion |
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Revenue forecast in 2028 |
USD 3.54 billion |
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Growth rate |
CAGR of 5.5% from 2021 to 2028 |
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Base year for estimation |
2020 |
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Historical data |
2017- 2019 |
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Forecast period |
2021 - 2028 |
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Quantitative units |
Revenue in USD million/billion and CAGR from 2021 to 2028 |
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Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
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Segments covered |
Type, application, and region |
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Regional scope |
North America; Europe; Asia Pacific; Central & South America; Middle East & Africa |
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Country scope |
U.S.; Germany; France, U.K.; China; India; Brazil; South Africa |
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Key companies profiled |
Dalby Molle A/S; Grain Millers, Inc.; Garuda International, Inc.; Swedish Oat Fiber AB; Bob’s Red Mill Natural Foods, Inc.; SunOpta Ingredients, Inc.; Anthony's Goods; NuNaturals Ltd.; Honeyville, Inc.; Quaker Oats Company |
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Customization scope |
Free report customization (equivalent up to 8 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2028. For the purpose of this study, Million Insights has segmented the global oat fiber market report on the basis of type, application, and region:
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