Oatmeal Market Forecast and Size Analysis 2019-2025
Global Oatmeal Industry Report was valued at USD 2 Billion in the year 2017. Global Oatmeal Industry is further estimated to grow at a CAGR of 3.6% from 2019 to reach USD 2.60 Billion by the year 2025. The North America region holds the highest Industry share in 2017 and the Asia Pacific is considered as the fastest growing Industry in the forecasted period. At the country level, China is projected to grow strongly in the coming years due to increasing rate of population. Major market players in Oatmeal Industry are Quaker Oats Company, Kellog NA Co., General Mills Inc., Baggry’s India Ltd., Nestle, Dr. Mc Doughall’s Right Foods, McCann’s Irish Oats, Abbott, Conagra Brand, Associated British Foods plc, and brief overview of 9 companies is also provided in the report. Rising research and development expenses to cater changing demand of end users. Similarly, growth strategies such as acquisition, merger and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.
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SWOT Analysis of Oatmeal Industry: Strength: Increasing preference for healthy meals Nutritional benefits