Dairy-Free Oat Bedtime Drink Market Forecast and CAGR
According to the latest research by Persistence Market Research, dairy-free oat bedtime drink market is set to witness significant growth during 2021-2031. Demand for Dairy-Free Oat Bedtime will observe appreciable growth in the short term, with an optimistic growth outlook in the long run. High demand from the food & beverages industry is expected to create more opportunities for manufacturers in the upcoming years.
Oat drink manufacturers are focusing on innovating new products and working on product launch to gain attention and targeting the customer looking for an alternate for the dairy product with the same or more nutrition content and fewer side effect.
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What is Driving Demand for Dairy-Free Oat Bedtime Drink?
Dairy-Free Oat Bedtime drink is a beverage prepared by mixing oat cereals with water and vegetable oil with a purpose for consumption to consume before sleep.
Oat drink is made by plant-based product and is a good source of proteins, fiber, calcium, and vitamins with no sugar added in it, therefore it is among the best and preferred alternatives to dairy products and recommended for individuals suffering from deadly diseases globally like cardiovascular diseases, diabetes and going through lack of sleep.
Oat contains tryptophan an amino-acid which gets converted into serotonin by the brain, which helps to relax the body before falling asleep.
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Covid-19 Pandemic Likely to Increase Dairy-Free Oat Bedtime Sales Significantly
This unforeseen pandemic on one side accounted for a high surge in demand for a drink like an oat drink in the retail sector and on the other hand resulted in disruption of supply chains.
COVID-19 pandemic increases the market growth for the dairy-free oat bedtime product, due to sedentary lifestyle during the lockdown make consumers move to social stigma and suffering from mental stress which causes an increase in demand for dairy-free oat bedtime market as it helps to relax the body and provides quality sleep. The demand is expected to increase steadily over the forecast period.
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Europe Demand Outlook for Dairy-Free Oat Bedtime Market
Europe's dairy-free drink market is one of the dominant markets for oat drinks in the country such as the U.K and Finland as the population shows more concern in low-fat products in food and beverages. It observed that the majority of the population suffers from celiac diseases, and other diseases and some are going through anxiety and restlessness. In Finland, oats is a part of the staple diet among the consumer.
Therefore the consumption of oat drinks is more, which generates more demand for the dairy-free oat drink as it offers the goodness of oat and is considers the best substitute of a dairy product as it eliminates the cons of the dairy product. And its helps the body to relax and produce melatonin more naturally which helps the body to regulate sleep pattern.
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U.S. Dairy-Free Oat Bedtime Market Outlook
The United States has been observed as rising incidences of obesity, lack of sleep which makes the consumer shift towards healthy choices in food and drinks.
According to the Centers for diseases control and prevention of obesity in America, the country is going through an increase in obesity and diabetes, creating the opportunity to the dairy-free oat bedtime market, as it provides with the goodness of minerals, vitamins, and others offer a good package for the cure of many diseases and act as a sliming agent.
Moreover, oats help the body to produce melatonin more naturally, melatonin is a hormone made in the brain which helps the body know when it’s the right time to sleep and wake up.
Who are the Key Manufacturers and Suppliers Dairy-Free Oat Bedtime?
- The Hain Celestial
- Blue Diamond Growers
- Sanitarium Health and Wellbeing Company
- Freedom Foods Group
- Earth’s Own Food Company
- Triballat Noyal
- Valsoia S.p.A
- Panos Brands
- Melt Organic
- Living Harvest Foods
- Ripple Foods
- Kite Hill
- Califia Farms
- Hudson River Foods Inc.
- Daiya Foods Inc.
- Yoconut Dairy Free
On the basis of Flavor, the Global Dairy-Free Oat Bedtime Drink Market is segmented into:
On the basis of End-use, the Global Dairy-Free Oat Bedtime Drink Market is segmented into:
- Foodservice Industry
On the basis of Distribution Channel, the Global Dairy-Free Oat Bedtime Drink Market is segmented into
- Business to Business
- Business to Consumer
- Convenience Stores
- Specialty Stores
- Online Retail
On the basis of Region, the Global Dairy-Free Oat Bedtime Drink Market is segmented into:
- North America
- South America
- Rest of South America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Dairy-Free Oat Bedtime Drink Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.