The Oatmeal Market is set to grow by USD 762.3 million, with a CAGR of 4.36% between 2023 and 2028. The growth is driven by urbanization, increased consumption of oatmeal and breakfast cereals, and the expansion of the industry. However, obstacles such as the availability of substitutes, volatile raw material costs, and strict regulations pose challenges. To overcome these, industry players are focusing on innovative product offerings, especially gluten-free items, and optimizing their supply chains to maintain compliance with regulatory changes, ensuring steady market progress.
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