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Oat Milk Market Report

Oat Milk Market set to hit $32.4 billion by 2035

Industry revenue for Oat Milk is estimated to rise to $32.4 billion by 2035 from $4.6 billion of 2024. The revenue growth of market players is expected to average at 19.5% annually for the period 2024 to 2035.

Oat Milk is critical across several key applications including beverage manufacturing, bakery & pastry production and dairy product substitutes. The report unwinds growth & revenue expansion opportunities at Oat Milk’s Product Type, End-Users, Sales Channel, Nutritional Value and Packaging including industry revenue forecast.

Industry Leadership and Competitive Landscape

The Oat Milk market is characterized by intense competition, with a number of leading players such as Oatly, Pacific Foods, Elmhurst Milked, Silk, Chobani, Califia Farms, Happy Planet Foods, Ripple Foods, Danone, Pureharvest, Quaker Oats Company and Eden Foods.
The Oat Milk market is projected to expand substantially, driven by rising health consciousness and environmental sustainability importance. This growth is expected to be further supported by Micro industry trends.

Moreover, the key opportunities, such as untapped segments, technological advancements and strategic collaborations, are anticipated to create revenue pockets in major demand hubs including U.S., Canada, UK, Germany and Australia.

Regional Shifts and Evolving Supply Chains

North America and Europe are the two most active and leading regions in the market. With challenges like high production costs and perception of unpleasant taste, Oat Milk market’s supply chain from raw material production / processing / distribution & marketing to retail & consumption is expected to evolve & expand further; and industry players will make strategic advancement in emerging markets including Brazil, India and South Africa for revenue diversification and TAM expansion.

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Oat Milk Market Report 2025 | Trends, Analysis & Forecast

Oat Milk Market to grow from $4.6B in 2024 to $13.3B by 2030 with 19.5% CAGR; Bakery & Confectionery and Dairy Products End-Users to capture larger market share.