Oat Protein Market By Type (Isolate and Concentrates), By Application (Skin Care and Food & Beverages), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI115919 | Publish Date: March 2024 | No. of Pages: 180

Global Oat Protein Market By Overview

Oat Protein Market was valued at USD 58 Million in 2024 and is projected to grow at a CAGR of 12.90% to reach USD 175.8 Million by 2034.

Oat protein is derived from oats, a cereal grain widely recognized for its nutritional benefits. Oat protein has gained popularity as a plant-based protein source, particularly among consumers seeking alternatives to animal-based proteins. It is used in various food and beverage applications, including protein bars, shakes, snacks, and meat substitutes.  Further, these factors will grow the demand for Oat Protein Market.

Dividing this target market into segments:

Oat Protein Market is segmented based on Type, Form, Application and Region.

Type Insight

On the basis of Type, the target market is segmented into Isolate and Concentrates.

Application Insight

On the basis of Application, the target market is segmented into Skin Care and Food & Beverages.

Global Oat Protein Market By Drivers & Restraints

Drivers

Restrains

Rising Demand for Plant-Based Proteins

Supply Chain Challenges

Health and Wellness Trends

Processing Challenges

Food Industry Innovation

 

Global Oat Protein Market By Segmentations & Regional Insights

Regional Insights:

On region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

  • North America market is estimated to witness a significantly high revenue share over the forecast period due to rising investment and funding. In North America United States and Canada, these countries have been early adopters of plant-based diets and alternative protein sources. The demand for plant-based proteins, including oat protein, has been on the rise due to health and sustainability concerns. The presence of key market players and a health-conscious consumer base contributes to market growth.
  • Asia Pacific market is estimated to witness a fastest revenue share over the forecast period. The Asia-Pacific region, particularly China and India, has witnessed increasing interest in plant-based proteins. Oat protein, with its potential health benefits, may find a market among consumers looking for alternative protein sources.

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type – Isolate and Concentrates

By Application – Skin Care, and Food & Beverages

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034.

Global Oat Protein Market By Competitive Landscape & Key Players

The key players operating the Oat Protein Market includes, Tate & Lyle PLC, Garuda International Inc., Biovelop AB, Oat Tech, Inc., FutureCeuticals, Inc., Glanbia Nutritionals, Provital Group, and Ceapro Inc., Provital Group, and Croda International Plc.

Global Oat Protein Market By Recent News

The New Launched Product News,

  • In March 2023, Lantmännen launched two new versions of its plant-based oat protein concentrate PrOatein: PrOatein Fine and PrOatein Organic. For use in applications where mouth feel is critical, like dairy substitutes and plant-based beverages, PrOatein Fine was created. It provides the same amount of protein as traditional PrOatein, but the mouth feel is smoother because to its smaller particle size. Although PrOatein is currently manufactured using Swedish non-GMO oats, the Organic line gives producers the option to use PrOatein in organic applications.
  • In June 2023, Seven Sundays launched the first-ever Oat Protein Cereal made with SunOpta’s OatGold, a nutrient-rich up cycled oat protein powder, which is a byproduct of oat milk production. By means of this collaboration, Seven Sundays expanded its range of products by using an up cycled oat protein ingredient, produced by SunOpta. Major national shops such as Whole Foods Market, Sprouts, Amazon, and Seven Sundays website are currently stocking the new product. It may also be ordered directly from their website.