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North America Oat Milk Market Size, Share & Trends Analysis Report By Source, By Product, By Distribution Channel, By Packaging, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 125 Pages
  • October 2024
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6025577
The North America Oat Milk Market is expected to witness market growth of 13.3% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 98.52 kilo tonnes, showcasing a growth of 12.3% (2020-2023).

Conventional oat milk is produced using traditional farming methods that may involve synthetic fertilizers and pesticides. It is widely available and more affordable compared to organic oat milk. Conventional oat milk is popular among consumers seeking dairy alternatives due to its creamy texture and nutritional benefits, including fiber and essential vitamins. It is commonly used in coffee shops, households, and food services. Therefore, in Canada, 32.55 kilo tonnes of conventional oat milk is expected to be utilized by the year 2031.



The US market dominated the North America Oat Milk Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.47 billion by 2031. The Canada market is expected to witness a CAGR of 15.7% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 14.8% during 2024-2031.

Oat milk’s unique composition allows for excellent frothing, making it a popular choice for baristas in lattes and cappuccinos. Its ability to create macrofoam enhances the texture and aesthetics of coffee drinks. The naturally sweet flavour of oat milk complements the bitterness of coffee, enhancing the overall flavour profile of espresso-based drinks.

Oat milk can be used in savoury dishes such as creamy pasta sauces, risottos, and soups, providing a rich texture without the dairy. Its moisture content makes oat milk an ideal ingredient in baking, contributing to the softness of muffins, cakes, and breads without compromising taste. Oat milk serves as an excellent base for making dairy-free yogurt. Its smooth texture, and mild flavour allow it to absorb cultures well, resulting in creamy and tangy yogurt alternatives.

In addition, Oat milk yogurt can be fortified with probiotics, offering digestive health benefits while catering to lactose-intolerant individuals. Oat milk can create dairy-free ice creams and sorbets, providing a creamy mouthfeel that rivals traditional ice cream. Brands are innovating with oat milk ice cream by introducing unique flavours, such as matcha, salted caramel, and cookie dough, appealing to diverse consumer tastes.

The increasing health consciousness among Canadian consumers drives the demand for plant-based alternatives. As more individuals adopt healthier lifestyles, the shift towards plant-based diets is becoming increasingly pronounced. Oat milk, known for its nutritional benefits and sustainability, aligns well with these consumer preferences. The Canadian market is witnessing a trend towards transparency and clean labelling, where consumers actively seek products with natural ingredients. Oat milk fits this criterion, as it is often perceived as a wholesome and environmentally friendly alternative to traditional dairy products. In conclusion, the rising food & beverage sector and high rates of people with lactose intolerance are driving the market's growth.

List of Key Companies Profiled

  • The Hain Celestial Group, Inc.
  • PepsiCo, Inc.
  • Danone S.A.
  • Campbell Soup Company
  • Califia Farms LLC
  • Rise Brewing Co.
  • Thrive Foods
  • The Coca Cola Company
  • HP Hood LLC
  • Chobani LLC

Market Report Segmentation

By Source (Volume, Kilo Tonnes, USD Billion, 2020-2031)

  • Conventional
  • Organic

By Product (Volume, Kilo Tonnes, USD Billion, 2020-2031)

  • Plain
  • Flavored

By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2020-2031)

  • Supermarket & Hypermarket
  • Convenience Stores
  • Online Retail
  • Other Distribution Channels

By Packaging (Volume, Kilo Tonnes, USD Billion, 2020-2031)

  • Cartons
  • Bottle
  • Other Packaging

By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Oat Milk Market, by Source
1.4.2 North America Oat Milk Market, by Product
1.4.3 North America Oat Milk Market, by Distribution Channel
1.4.4 North America Oat Milk Market, by Packaging
1.4.5 North America Oat Milk Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. North America Oat Milk Market by Source
4.1 North America Conventional Market by Region
4.2 North America Organic Market by Region
Chapter 5. North America Oat Milk Market by Product
5.1 North America Plain Market by Country
5.2 North America Flavored Market by Country
Chapter 6. North America Oat Milk Market by Distribution Channel
6.1 North America Supermarket & Hypermarket Market by Country
6.2 North America Convenience Stores Market by Country
6.3 North America Online Retail Market by Country
6.4 North America Other Distribution Channels Market by Country
Chapter 7. North America Oat Milk Market by Packaging
7.1 North America Cartons Market by Country
7.2 North America Bottle Market by Country
7.3 North America Other Packaging Market by Country
Chapter 8. North America Oat Milk Market by Country
8.1 US Oat Milk Market
8.1.1 US Oat Milk Market by Source
8.1.2 US Oat Milk Market by Product
8.1.3 US Oat Milk Market by Distribution Channel
8.1.4 US Oat Milk Market by Packaging
8.2 Canada Oat Milk Market
8.2.1 Canada Oat Milk Market by Source
8.2.2 Canada Oat Milk Market by Product
8.2.3 Canada Oat Milk Market by Distribution Channel
8.2.4 Canada Oat Milk Market by Packaging
8.3 Mexico Oat Milk Market
8.3.1 Mexico Oat Milk Market by Source
8.3.2 Mexico Oat Milk Market by Product
8.3.3 Mexico Oat Milk Market by Distribution Channel
8.3.4 Mexico Oat Milk Market by Packaging
8.4 Rest of North America Oat Milk Market
8.4.1 Rest of North America Oat Milk Market by Source
8.4.2 Rest of North America Oat Milk Market by Product
8.4.3 Rest of North America Oat Milk Market by Distribution Channel
8.4.4 Rest of North America Oat Milk Market by Packaging
Chapter 9. Company Profiles
9.1 The Hain Celestial Group, Inc.
9.1.1 Company overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Research & Development Expense
9.1.5 SWOT Analysis
9.2 PepsiCo, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 SWOT Analysis
9.3 Danone S.A.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Geographical Expansions:
9.3.6 SWOT Analysis
9.4 Campbell Soup Company
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental Analysis
9.4.4 Research & Development Expenses
9.4.5 SWOT Analysis
9.5 Califia Farms LLC
9.5.1 Company Overview
9.6 Rise Brewing Co.
9.6.1 Company Overview
9.6.2 SWOT Analysis
9.7 Thrive Foods
9.7.1 Company Overview
9.7.2 SWOT Analysis
9.8 The Coca Cola Company
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 SWOT Analysis
9.9 HP Hood LLC
9.9.1 Company Overview
9.10. Chobani LLC
9.10.1 Company Overview
9.10.2 SWOT Analysis

Companies Mentioned

  • The Hain Celestial Group, Inc.
  • PepsiCo, Inc.
  • Danone S.A.
  • Campbell Soup Company
  • Califia Farms LLC
  • Rise Brewing Co.
  • Thrive Foods
  • The Coca Cola Company
  • HP Hood LLC
  • Chobani LLC

Methodology

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