Global Oats Market Gaining Impetus from Rising Number of Health Conscious Consumers

In recent years, growing awareness about the health benefits of oats and their applications in a number of industries have proliferated their use. According to IMARC Group, the global oats market is expected to grow at a CAGR of 3.4% during 2015-2020, reaching a volume of 29.8 Million Tons by 2020.

A recently released report by IMARC Group titled “Oats Market – Industry Trends, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Cost and Revenue” comprehensively discusses the global oats market.  The report finds that although oats have been used as a livestock feed since ancient times, they are now being widely acknowledged for their high nutritional content which include proteins, dietary fibre, beta-gluten, unsaturated fatty acids, vitamins, minerals and antioxidants. As a result, they are becoming a significant part of the human diet. Besides having high nutritional value, oats also provide numerous health benefits as they help to reduce the risk of asthma and diabetes, increase appetite-control hormones, improve insulin sensitivity, combat general skin problems and control cholesterol and blood pressure levels. Oats are used in a wide variety of food products to provide unique flavour and moisture retention. Some examples of food products made from oats are oatmeal, bread, hot cereals, biscuits, infant food, muesli, granola bars, etc. Apart from its use in the food industry, oats also find applications in a number of other areas such as medicine, cosmetics, chemicals, etc. According to IMARC, the global oats market is expected to grow at a CAGR of 3.4% during 2015-2020, reaching a volume of 29.8 Million Tons by 2020.

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The report has segmented the global oats market on the basis of applications and major regions. Based on applications, the global consumption of oats is currently dominated by feed use. Food use accounts for the remaining market and is currently experiencing faster growth rates. Geography-wise, Russia represents the largest producer of oats accounting for nearly 22% of the total global production. Russia is followed by Canada, Australia and the United States. In terms of consumption, Russia again represents the biggest market followed by the United States and Canada.

This report provides a techno-commercial roadmap for setting up an oats processing plant. The study, which has been done by one of the world’s leading research and advisory firms, covers all the requisite aspects of the oats market. This ranges from macro overview of the market to micro details of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the oats industry in any manner.

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