The Global Oat Milk Market will grow at a 15.00% CAGR and reach USD 8.794 billion By 2032

Market Research Future (MRFR) has published on the “Global Oat Milk Market”.

The Oat Milk market is estimated to register a CAGR of 15.00 % during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Oat Milk market— PepsiCo, Danone, Oatly Group AB, Nestle SA, Lam Soon, Califia Farms, Donene SA, Urban Platter, Alpro, PureHarvest.

Market Highlights

The global Oat Milk market is accounted to register a CAGR of 15.00% during the forecast period and is estimated to reach USD 8.794 billion by 2032.

The oat milk market has experienced remarkable growth in recent years, driven by a surge in consumer interest in plant-based alternatives to traditional dairy products. Health-conscious consumers are attracted to oat milk for its perceived nutritional benefits, including being lactose-free, low in saturated fat, and often fortified with essential vitamins and minerals. Additionally, the market has witnessed increased awareness of environmental sustainability, with oat milk being recognized as a more eco-friendly option compared to conventional dairy production.

Segment Analysis

The global Oat Milk market has been segmented based on product type, flavor and format.

On the basis of product type, the market is segmented into Regular/Full Fat and Reduced Fat. The regular/full fat segment was attributed to holding the largest market share in 2022, due to its ability to mimic the creamy texture and richness of traditional dairy milk.

Based on flavor, the global Oat Milk market has been segmented into Natural and Flavoured. The natural segment was expected to hold the largest market share in 2022, due to a consumer preference for clean label products and an aversion to artificial additives.

Based on format, the global Oat Milk market has been segmented into Shelf-Stable and Refrigerated. The shelf-stable segment was expected to hold the largest market share in 2022, due to its convenience and extended shelf life.

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Regional Analysis

The global Oat Milk market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Oat Milk market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Oat Milk market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Oat Milk market comprises of Middle East, Africa, and Latin America.

The largest market share for Oat Milk was maintained by the North American regional sector. This increase is attributed to a growing consumer shift towards plant-based and dairy-free alternatives, fueled by health and wellness trends. Oat milk's appeal lies in its perceived health benefits, including being a suitable option for those with lactose intolerance and its naturally cholesterol-free composition. Additionally, the region has seen increased emphasis on sustainability, and oat milk is recognized for its lower environmental impact compared to traditional dairy products.

Moreover, the Europe market has been persistently growing over the forecast period. The demand for Oat Milk is driven by a growing consumer shift towards plant-based diets, health consciousness, and a rising awareness of environmental sustainability. With consumers increasingly seeking dairy alternatives that offer both nutritional benefits and eco-friendly production methods, oat milk has gained prominence.

Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period due to a growing trend of health-conscious consumers seeking plant-based alternatives, especially in countries where lactose intolerance is prevalent. Additionally, the rising awareness of environmental sustainability and the appeal of oat milk as a versatile and nutritious dairy alternative contribute to the market's expansion in the Asia-Pacific region.

Furthermore, the rest of the world's Oat Milk market is divided into the Middle East, Africa, and Latin America. This growth is attributed to a rising awareness of health and wellness, as consumers in the region increasingly seek plant-based alternatives with perceived nutritional benefits. Additionally, the growing prevalence of lactose intolerance and a desire for diverse, non-dairy options contribute to the increasing popularity and market growth of oat milk.

Key Findings of the Study

• The global Oat Milk market is expected to reach USD 8.794 billion by 2032, at a CAGR of 15.00% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to a rising awareness of health and wellness, increasing lactose intolerance awareness, and a growing preference for plant-based and dairy-free alternatives among consumers.


• Based on format, the shelf-stable segment was attributed to holding the largest market in 2022, with an approximate market share of 45–60%.


• PepsiCo, Danone, Oatly Group AB, Nestle SA, Lam Soon, Califia Farms, Donene SA, Urban Platter, Alpro, PureHarvest.