- In May 2024, Nestlé Singapore launched OAT and ALMOND & OAT drinks, enhancing its portfolio of nutritious beverages. These new drinks are fortified with essential nutrients such as vitamins B2, B3, and D, along with calcium, catering to health-conscious consumers seeking dairy alternatives. The introduction of these beverages reflects Nestlé's strategy to address the growing demand for plant-based options while ensuring nutritional value and taste
- In January 2024, Oatly unveiled two new oat milk variants: Unsweetened Oatmilk and Super Basic Oatmilk. Both products are designed to offer enhanced nutritional benefits without sacrificing flavor. This launch aligns with Oatly's mission to provide delicious and nutritious dairy alternatives, appealing to consumers who prioritize health and taste. The introduction of these variants signifies Oatly's ongoing innovation in the oat milk segment
- In October 2023, Califia Farms announced a partnership with Starbucks to create a new line of oat milk beverages exclusively available at Starbucks locations. This collaboration aims to enhance Califia Farms' visibility in the coffee and beverage industry, tapping into the growing consumer interest in plant-based options. The initiative is expected to strengthen Califia's brand presence while providing Starbucks customers with innovative and tasty oat milk offerings
- In September 2023, Elmhurst 1920 formed a partnership with Whole Foods Market to launch a new line of exclusive organic oat milk products. This collaboration is designed to enhance Elmhurst's reach in the natural and organic grocery segment, catering to health-conscious consumers. By aligning with Whole Foods, Elmhurst aims to leverage the retailer’s strong market presence, providing customers with high-quality, organic oat milk options
- In July 2023, Coca-Cola announced the acquisition of a minority stake in Oatly, the prominent Swedish oat milk producer. This strategic investment is aimed at expanding Coca-Cola's beverage portfolio, allowing the company to tap into the rapidly growing oat milk market. The partnership is expected to enhance Oatly's resources and distribution capabilities, facilitating broader access to its innovative oat-based products
Frequently Asked Questions
The market is segmented based on Segmentation, By Source (Organic and Conventional), Type (Flavoured, Unflavoured, and Others), Distribution Channel (Online and Offline), Application (Food and Beverages), Packaging (Carton, Bottle, and Others), Product Type (Regular/Full Fat and Reduced Fat), Format (Shelf-Stable and Refrigerated) – Industry Trends and Forecast to 2031
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The Global Oat Milk Market size was valued at USD 3.41 USD Billion in 2023.
The Global Oat Milk Market is projected to grow at a CAGR of 15.15% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
