The oats market size in Morocco displayed fluctuating trends between 2014 and 2023. The market experienced notable variations with significant growth in 2015 and 2017 but saw a decrease in 2016. In recent years, the market size stabilized at 5.0 thousand metric tons from 2018 to 2023, showing no year-on-year variation during this period.
In the forecasted data from 2024 to 2028, the oats market is expected to resume growth, culminating in a market size of 6.0 thousand metric tons by 2028. This indicates a 20% growth over the five-year forecast period, with a compound annual growth rate (CAGR) of 3.71%.
Future trends to watch for:
- Increased health consciousness among consumers driving demand for oats as a healthy food option.
- Potential impact of climate change on oat production and supply chains.
- Expansion of oat-based products in the Moroccan food sector.