The global oat-based ingredients market is projected to surpass US$ 214.4 million by of 2030, in terms of revenue, growing at CAGR of 8.55% during the forecast period (2023 to 2030).
Market Trends
Increasing demand for flavored oat-based ingredients in the savory and sweet industry
Oat-based ingredients are used in different kinds of savory and sweet food products such as rolls, biscuits, muffins, and others. In addition, oat-based ingredients contain slow releasing carbohydrates, protein, fiber, and others. Moreover, the cooked oat-based ingredients with fresh fruit such as raspberries, blueberries, and blackberries, among others enhance flavor and texture of food products. Thus, rising use of oat-based ingredients in savory and sweet food items is trending in the global oat-based ingredient market.
Figure 2. Global Oat-Based Ingredients Market, Revenue Share (%), by Application, in 2022
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