The Global Oat Protein Market to 2023: Key Opportunities & Challenges - Tate & Lyle, Croda International and Provital Group are Dominating - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 27, 2018--The “Global Oat Protein Market - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The global oat protein market is expected to register a CAGR of 4.2% during the forecast period (2018-2023).
With the increase in the demand for nutrition products, oat protein infused beverages, bakery items, supplements and others are making its way into the market, as it contains 55% protein and is suitable for flavoring. Oat protein is increasingly being used in health supplements, as it contains amino acids which aids in muscle growth and repair and plays a major part in sports nutrition as it is has application in protein bars and shakes. All these factors are expected to drive the growth of global oat protein market.
The presence of large number of substitutes like soya and others, which contains protein in heavy quantities and is heavily demanded by the nutraceutical companies, leads to an increased competition for oat protein products.
Adoption of innovative strategies to manufacture oat protein, like reducing the cost of production by setting up manufacturing facilities close to the market and raw material production units, reducing supply chain and others, is expected to drive the growth of the oat protein market during the forecast period.
The global oat protein market has been segmented by type and application. Oat protein has major applications in food, beverage and supplements, as oats contains a globulin or legume-like protein, avenalin which has 80% protein content and is easily soluble.
North America is the leading producer of oats protein due to the presence of high demand for ready-to-eat nutritional food and beverage products like protein bars, protein shakes and others, coupled with the well-established market for supplements in countries like US, Canada and others.
Tate & Lyle, Croda International PLC and Provital Group hold the major share of the global oat protein market.
Major Market DevelopmentsNestles brand Quaker Oats launched a new oat protein powder called Oats So Simple Protein sachets in original and cinnamon flavors, to meet the demands for nutrition in daily food and capitalizing on the growing protein trend.
Key Topics Covered
2. Oat Protein Market Insights
3. Oat Protein Market Dynamics
4. Oat Protein Market Segmentation
5. Regional Market Analysis
6. Oat Protein Market Competitive Landscape
7. Oat Protein Market Company ProfilesCroda International PLC Lotioncrafter LLC Nestle S.A. Oat Tech Inc. Provital Group Swedish Oat Fiber AB Tate & Lyle
For more information about this report visit https://www.researchandmarkets.com/research/962sdw/the_global_oat?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180927005689/en/
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Related Topics:Health Food and Sports Nutrition
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 09/27/2018 12:08 PM/DISC: 09/27/2018 12:08 PM