According to a new report, published by KBV research, The Global Oat-based Snacks Market size is expected to reach $56.72 billion by 2031, rising at a market growth of 13.6% CAGR during the forecast period. In the year 2023, the market attained a volume of 8,244.39 million units (100g per unit), experiencing a growth of 10.1% (2020-2023).
The Snack Bar segment is leading the Global Oat-based Snacks Market by Product Type in 2023; thereby, achieving a market value of $26.77 billion by 2031. The snack bars segment dominates the oat-based snacks market due to its strong appeal as a convenient and nutritious on-the-go option. Consumers increasingly seek products that combine health benefits with portability, and snack bars, often enriched with added proteins, nuts, and seeds, fit this demand perfectly. Their versatility in flavors and functional benefits, such as energy boosts or meal replacement options, further drive their popularity.
The Convenience Stores segment registers a CAGR of 13.4% during (2024 - 2031). Convenience stores thrive on their accessibility and focus on catering to on-the-go consumers. These stores are strategically located to attract impulse purchases, making them a vital distribution channel for oat-based snacks. The availability of single-serve packaging and quick checkout processes enhances their appeal, particularly among busy professionals and commuters looking for quick and healthy snack options.
Full Report: https://www.kbvresearch.com/oat-based-snacks-market/
The Europe region dominated the Global Oat-based Snacks Market by Region in 2023; thereby, achieving a market value of $20.26 billion by 2031. The North America region is expected to witness a CAGR of 13.4% during (2024 - 2031). Additionally, The Asia Pacific region would exhibit a CAGR of 14.3% during (2024 - 2031).
By Product Type (Volume, Million Units, USD Billion, 2020-2031)
By Distribution Channel (Volume, Million Units, USD Billion, 2020-2031)
Unique Offerings 
