Global Corn Bran Market Report and Forecast 2024-2032

Global Corn Bran Market Outlook

The global corn bran market reached a volume of 9.48 million tons in 2023. The market is further expected to grow at a CAGR of 3.8% in the forecast period of 2024-2032 to reach a volume of 13.31 million tons by 2032.

Rising Demand from the Food Industry Boosting the Global Market for Corn Bran

The corn bran industry is significantly being driven by the rise in the demand for various blends and mixtures. The product is widely used in the food and beverage sector including in bakery products, snacks, and confectionary, among others, which is boosting the growth of the industry. The demand for the product is also rising due to the rising awareness among the consumers about the need to provide healthy and nutritious products to their livestock and cattle.

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Corn Bran: Market Segmentation

Corn is a grain originally grown by Southern Mexican indigenous people. There has been a substantial increase in the overall corn production across the globe, and it is now a staple in larger regions of the world. Corn bran refers to the strong outermost layer of a whole corn fruit kernel. As a result of its bland taste and light colour, corn bran is suitable to be added into other recipes. Corn bran is highly fibre rich and used to increase the nutritional value in different food types.

Based on nature, the market can be divided into:

• Organic
• Conventional

The distribution channels in the market can be segmented as follows:

• Direct Sales
• Indirect Sales

Corn bran finds wide applications in the following segments:

• Food and Beverage
• Feed
• Nutritional Supplements
• Others

The regional markets for corn bran can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Rising Demand for Dietary Fibres Bolstering the Market Growth

The increased food demand is anticipated to push the market growth in the coming years due to the growing consumer awareness of healthier diets and an active lifestyle. The rising cases of heart disease, obesity, as well as diabetes, has led consumers to choose food items with dietary fibre that have additional health benefits. This is likely to boost the demand for corn bran as well. The primary reason for the growth of the corn bran industry is its nutritional value, which is driving its demand throughout the globe. The rising competition among the key players is also encouraging them to produce a better product based on corn bran to provide better and nutritional products according to the changing demands of the consumers. The rising application of the product owing to its versatile applications is propelling the growth of the market.

Key Industry Players in the Global Corn Bran Market

The report gives a detailed analysis of the following key players in the global corn bran market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Cargill, Incorporated.
• Grain Processing Corporation
• Didion, Inc.
• Sunflakes Food Products Pvt. Ltd.
• Grain Millers, Inc.
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

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Corn Bran Market Report Snapshots

Corn Bran Market Size

Corn Bran Market Growth

Corn Bran Companies