Oat Proteins Market
Oat Proteins Market: Key Insights
The market study on “Global Oat Protein Market to 2027 – Analysis and Forecasts by Form (Isolate and Concentrate), Application (Food, Beverages, Personal Care & Cosmetics, and Other), and Geography”, The global oat protein market is accounted to USD 48,241.1 thousand in 2018 and is expected to grow at a CAGR of 4.0% during the forecast period 2019 – 2027, to account to USD 68,222.4 thousand by 2027.
Protein is an essential part of the diet and plays an essential role in the structural and functional components of the human body. Oat protein is produced from oat grain and contains significant amounts of dietary indispensable amino acids, particularly the branched-chain amino acids (BCAAs) leucine, isoleucine, and valine. These are essential nutrients that are important for muscle growth and repair in people of all ages.
Oat protein contains more sulfur amino acids (SAA) and tryptophan as compared to pea protein and a high amount of sulfur amino acids (SAA) and valine than soy protein. It has more indispensable amino acids as compared to wheat protein. Several research studies indicate that oat protein may induce satiety and could thus help in the maintenance of body weight. High-protein diets have been successful at preserving lean body mass during weight loss and diets using meal replacements that provide higher protein with moderate fat have been shown to assist in weight maintenance. Thus, the demand for oat protein is growing among the obese population. Moreover, the above mentioned health benefits associated with the consumption of oat protein is projected to boost the demand for oat protein over the forecast period.
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Based on application, the oat protein market has been segmented into food, beverages, personal care & cosmetics, and other. The oat protein market for the personal care & cosmetics application is projected to grow at the fastest pace over the forecast period. Hydrolyzed oat protein form is extensively used in various including cosmetics, toiletries, and detergents. Hydrolyzed oats protein is the liquidized or soluble form of naturally derived whole oats. When used in cosmetics, hydrolyzed oats protein has the ability to maintain elasticity and moisture the skin. Wide application of hydrolyzed oat protein in cosmetics products such as skincare or hair care products is expected to support the growth of oat protein over the forecast period. Furthermore, the companies in the oat protein market such as Shaanxi Pioneer Biotech Co., Ltd, Lonza Group, Givaudan SA, Croda International Plc, and Provital group, among others offer oat protein products for personal care and cosmetic application.
Oat Proteins Market: Competitive Landscape
Some of the key players in the global Harke Group, Lantmännen, Provital Group, Croda International Plc., Oat Tech, Inc., Oy Karl Fazer Ab, Givaudan SA, Lonza Group, Shaanxi Pioneer Biotech Co., Ltd., and Shanghai Cosroma Biotech Co., Ltd, among others.
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