Oat Protein Market Report 2024 (Global Edition)

Global Oat Protein Market Report 2024 Market Size Split by Product Outlook: (Protein Concentrates, Protein Isolates, Protein Hydrolysates), by Application Outlook: (Food & Beverages, Pharmaceuticals, ...

Oat Protein Market Report Description

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Competitive Landscape of the Oat Protein Market

The competitive environment of the oat protein industry is marked by the existence of multiple major market participants. These businesses are concentrating on strategic alliances, product innovation, and mergers and acquisitions in order to improve their market standing and diversify their product offerings. Increasing investments in R&D to improve the functional qualities and uses of oat protein are another indicator of the competitive landscape. The increasing demand from consumers for plant-based proteins is pushing businesses to create novel and inventive oat protein products that satisfy changing customer tastes and market trends.

November 2023: A plant-based protein supplement for the food industry made from okara, a byproduct of making oat drinks, was introduced by Fazer as SGen Oat Protein. Fazer's sustainability objectives, which prioritize plant-based substitutes, side stream use, and reducing food waste, are in line with this novel protein. (Source: https://www.fazergroup.com/media/news-page/?id=4691780 ) October 2023: Bob's Red Mill introduced a ground-breaking product: the first protein oats ever sold. Made from just one ingredient—whole grain rolled oats—these novel oats provide an astounding 60% more protein than regular oats. Both conventional and organic varieties are offered. (Source: https://www.foodbusinessnews.net/articles/24925-bobs-red-mill-debuts-first-protein-oats ) June 2023: The first-ever Oat Protein Cereal was introduced by Seven Sundays using SunOpta's OatGold, a nutrient-dense upcycled oat protein powder that is a byproduct of the production of oat milk. Through this partnership, Seven Sundays was able to use SunOpta's upcycled oat protein component to increase the variety of goods it offers. The new product is now available at major national retailers like Whole Foods Market, Sprouts, Amazon, and Seven Sundays website. You can also get it straight from their website. (Source: https://www.fooddive.com/news/sunopta-upcycled-oat-protein-cereal-seven-sundays/652836/ )

Top Companies Market Share in Oat Protein Industry: (In no particular order of Rank)

• Glanbia Plc
• Cargill Incorporated
• Tate & Lyle
• Kerry Group
• BENEO GmbH
• Ingredion Incorporated
• Roquette Frères
• Lantmännen Oats
• Croda International Plc
• AGT Food and Ingredients
• Avena Foods Limited
• SternLife GmbH & Co. KG
• Herba Ingredients BV
• Milk Specialties Global
• Oatly AB
• Biovelop AB
• Lonza Group
• DSM Nutritional Products
• Amway Corporation
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Oat Protein Market

Which Region Dominates the Oat Protein Market in 2024?

According to Cognitive Market Research, North America currently dominates the Oat Protein market, and the region is expected to have significant growth during the projected period as a result of growing consumer demand for plant-based, healthier food options. The industry is seeing an increase in demand for oat proteins because of their sustainability, allergen-friendliness, and nutritional profile. Oat proteins are finding their way into a wide range of food and beverage applications due to the market's expansion driven by health-conscious customers, especially those looking for plant-based substitutes.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR) fueled by customers' growing health consciousness and increasing disposable incomes. The region's need for plant-based and protein-enriched foods is rising as a result of growing urbanization and shifting dietary patterns. The market expansion is also being supported by the developing food and beverage sector, as well as the rising demand for dietary supplements and functional foods.

The current report Scope analyzes Oat Protein Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Oat Protein

According to Cognitive Market Research, the global Oat Protein market size was estimated at USD 55.9 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 22.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Oat Protein market with a market size of USD 17.64 million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period. Concerns about sustainability and health have increased demand for plant-based proteins, such as oat protein.
• The Canada Oat Protein market had a market share of USD 2.68 million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period because of the rising consumer awareness of the health advantages of oat protein and the growing demand for plant-based proteins.
• The Mexico Oat Protein market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 2.03 million in 2024.

Europe Oat Protein

According to Cognitive Market Research, the global Oat Protein market size was estimated at USD 55.9 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 16.77 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.

• The United Kingdom Oat Protein market had a market share of USD 2.82 million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period because of the growing number of vegans and the demand for sustainable food sources.
• The France Oat Protein market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 1.54 million in 2024.
• According to Cognitive Market Research, the German Oat Protein market size was valued at USD 3.32 million in 2024 and is projected to grow at a CAGR of 3.7% during the forecast period because organic and clean label items are becoming more and more popular.
• The Italy Oat Protein market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD 1.44 million in 2024.
• The Russia Oat Protein market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD 2.60 million in 2024.
• The Spain Oat Protein market is projected to witness growth at a CAGR of 2.6% during the forecast period with a market size of USD 1.38 million in 2024
• The Luxembourg Oat Protein market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD 0.52 million in 2024.
• The Portugal Oat Protein market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 0.35 million in 2024.
• The Greece Oat Protein market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 0.20 million in 2024.
• The Rest of Europe's Oat Protein market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD 2.60 million in 2024.

Asia Pacific Oat Protein

According to Cognitive Market Research, the global Oat Protein market size was estimated at USD 55.9 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 12.86 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Oat Protein market size was valued at USD 5.79 million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. Concerns about sustainability and health have increased demand for plant-based proteins, such as oat protein.
• The Japan Oat Protein market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 1.77 million in 2024.
• The India Oat Protein market had a market share of USD 1.54 million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period because of the rising consumer awareness of the health advantages of oat protein and the growing demand for plant-based proteins.
• The South Korean Oat Protein market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 1.29 million in 2024.
• The Australian Oat Protein market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 0.67 million in 2024.
• The South East Asia Oat Protein market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 0.89 million in 2024.
• The Rest of Asia Pacific Oat Protein market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 0.91 million in 2024.

South America Oat Protein

According to Cognitive Market Research, the global Oat Protein market size was estimated at USD 55.9 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 2.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Oat Protein market size was valued at USD 1.20 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period because of the growing number of vegans and the demand for sustainable food sources.
• Argentina's Oat Protein market had a market share of USD 0.47 million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period because organic and clean label items are becoming more and more popular.
• Colombia Oat Protein market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 0.25 million in 2024.
• Peru Oat Protein market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 0.23 million in 2024.
• Chile Oat Protein market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 0.20 million in 2024.
• The Rest of Latin America's Oat Protein market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 0.45 million in 2024.

Middle East and Africa Oat Protein

According to Cognitive Market Research, the global Oat Protein market size was estimated at USD 55.9 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 1.12 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031..

• The GCC Countries Oat Protein market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 0.48 million in 2024. The demand for plant-based proteins, such oat protein, has surged due to health and sustainability concerns.
• The Egypt Oat Protein market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 0.12 million in 2024.
• The South Africa Oat Protein market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 0.18 million in 2024 due to the increased demand for plant-based proteins and growing consumer awareness of the health benefits of oat protein.
• The Turkey Oat Protein market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 0.10 million in 2024.
• The Nigeria Oat Protein market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 0.12 million in 2024.
• The Rest of the MEA Oat Protein market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 0.13 million in 2024.

Oat Protein Market Analysis

How are Segments Performing in the Global Oat Protein Market?

Oat Protein Market Product Segment Analysis

According to Cognitive Market Research, protein hydrolysates category is likely to dominate the Oat Protein Market over the forecast period. Oat protein isolates are becoming more and more popular in a variety of food and beverage applications due to their high protein content and purity. Athletes who need high-protein diets and health-conscious customers have a special need for oat protein isolates. Because these isolates are simple to incorporate into functional foods and dietary supplements, they are also becoming more and more well-liked in the nutraceutical industry. It is anticipated that the emphasis on protein purity and quality will greatly propel the expansion of the oat protein isolate market.

The protein concentrates is the fastest-growing segment in the Oat Protein Market. Oat protein concentrates are used extensively in culinary and animal feed applications because of their balanced protein and nutritional composition. Because of their adaptability, oat protein concentrates can be used in a variety of formulations, such as meat substitutes, dairy substitutes, and bread goods. The market is expanding as a result of manufacturers being compelled to include oat protein concentrates in their product lines due to the growing popularity of plant-based diets. The fact that concentrates are more affordable than isolates is another element influencing their growing market acceptance.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Oat Protein Industry. Request a Free Sample PDF!

Oat Protein Market Application Segment Analysis

According to Cognitive Market Research, the food & beverages segment holds the largest share of the market. Oat protein is being utilized more and more in the food and beverage industry in a variety of products, including protein bars, smoothies, dairy substitutes, and baked goods. The rising demand for plant-based and protein-enriched foods is propelling the use of oat protein in this industry. Oat protein is also becoming a popular component among food manufacturers due to its adaptabilities and practical advantages, such as its capacity to enhance flavour and texture.

In the Oat Protein Market, the animal feed has been expanding at a rapid pace. Oat protein is utilized in the animal feed business as a sustainable and nutrient-dense source of protein for pets and cattle. It promotes animal growth and development and provides a balanced amino acid profile. The use of oat protein in this industry is being driven by the increased emphasis on animal nutrition and health as well as the demand for environmentally friendly and sustainable feed ingredients. The market is anticipated to continue growing as a result of continuous research and development efforts to improve the nutritional value and digestibility of oat protein for use in animal feed applications.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Oat Protein Form Outlook: Segment Analysis

Oat Protein Market Form Segment Analysis

According to Cognitive Market Research, the dry form segment holds the largest market share because of its adaptability and simplicity in integrating into other applications. In food, beverage, and supplement formulations, dry oat protein isolates and concentrates are chosen because of their longer shelf life, ease of storage, and portability. Furthermore, the quality of dry oat proteins has improved due to developments in drying technology, making them appropriate for a variety of items such as baked goods, nutrition bars, and plant-based meat substitutes.

In the Oat Protein market, the rapidly growing sector is the liquid form category driven by the growing demand for plant-based products from consumers and its many uses. Liquid oat protein is becoming more and more well-liked in a number of industries, such as food and drink, personal care, and nutritional supplements, as customers look for better, higher-protein substitutes. Its popularity has increased, particularly among vegan and lactose-intolerant consumers, by its simplicity of inclusion into smoothies, drinks, and dairy substitutes. Furthermore, because liquid oat protein is naturally derived and environmentally benign, it fits nicely with trends toward clean-label and sustainable products.

• Dry Form
• Liquid Form

Author's Detail

Nisha Deore

Research Analyst at Cognitive Market Research

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I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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