Chile Oats Market Report and Forecast 2024-2032

Chile Oats Market Outlook

The Chile oats market size is projected to expand at a CAGR of 4.10% between 2024 and 2032.

Key Takeaways

• Chile exported $23.6M worth of oats in 2022, ranking as the 10th largest oats exporter globally. Chile primarily exports oats to Mexico, Peru, Jamaica, Ecuador, and Japan.

• In 2022, Chile imported oats worth $132k to be  the 83rd largest importer of oats globally. The primary import markets include Canada, the US, Spain, the Netherlands, and the UK.

• The demand for oats is increasing due to the rise in plant-based diets and the increasing awareness of gluten intolerance. Oats are naturally gluten-free and are a key ingredient in many plant-based products.

As per the Chile oats market analysis, the market is witnessing a significant expansion as a result of the rising trend of veganism, the increasing desire for nutritious foods, and the heightened awareness among consumers regarding the health advantages of incorporating oats into their diets. Oats are a fibre and protein-rich, low-calorie option that aids in lowering cholesterol levels and promoting healthy digestion.

Moreover, companies are launching innovative products such as flavoured oatmeal, oat-based drinks (like oat milk), and oat-based snacks and desserts to meet the taste and dietary requirements of consumers, consequently driving up the Chile oats market share. Oats is now considered a special commodity and not only seen as a feed grain. The demand for oat milk has increased dramatically, serving as a suitable alternative to cow’s milk, among other options like almond milk and soy milk.

Manufacturers are investing in research and development to explore other uses of oats as consumers increasingly demand products that have a light environmental footprint, and oats can help meet this requirement unlike many other plant-based foods.

Canada has established itself as a key importer of oats in Chile, providing a reliable source of high-quality grains to meet the country's growing demand for this versatile product. Between 2020 and 2021, Chile, a country that usually brings in around 50,000 metric tons of oats annually, experienced a substantial rise in its oat imports, acquiring almost 200,000 metric tons solely from Canada. The increase in oat imports from Canada to Chile can be linked to various factors that impacted market dynamics and trade connections during that year.

Market Segmentation

Chile Oats Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Whole Oats

• Oat Groats

• Steel-Cut Oats

• Rolled Oats

• Oats Flour

Market Breakup by Distribution Channel

• Supermarket/Hypermarket

• Convenience Stores

• Online

• Others

Competitive Landscape

Manufacturers are directing their efforts towards developing innovative products including oat milk, oat bars, and flavoured oats to attract potential customers and gain a competitive edge.

• Austral Granos

• PepsiCo, Inc.

• Monteverde S.A.

• Bob's Red Mill Natural Foods, Inc.

• Empresas AgroTop

• Hoffmann Valdivia

• Agropel

• Others

Key Highlights of the Report