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Base Year
Historical Year
Forecast Year
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.
Global Corn Bran Market Report Summary | Description | Value |
Base Year | MMT | 2023 |
Historical Period | MMT | 2018-2023 |
Forecast Period | MMT | 2024-2032 |
Market Size 2023 | MMT | 9.48 |
Market Size 2032 | MMT | 13.31 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 3.8% |
CAGR 2024-2032 - Market by Region | Asia Pacific | 4.7% |
CAGR 2024-2032 - Market by Country | Canada | 4.6% |
CAGR 2024-2032 - Market by Country | China | 4.5% |
CAGR 2024-2032 - Market by Distribution Channel | Direct Sales | 4.6% |
CAGR 2024-2032 - Market by Application | Feed | 4.3% |
Market Share by Country 2023 | Germany | 5.4% |
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 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:
CAGR 2024-2032 - Market by | Distribution Channel |
Direct Sales | 4.6% |
Indirect Sales | XX% |
The distribution channels in the market can be segmented as follows:
CAGR 2024-2032 - Market by | Application |
Feed | 4.3% |
Nutritional Supplements | 3.7% |
Food and Beverage | XX% |
Others | XX% |
Corn bran finds wide applications in the following segments:
CAGR 2024-2032 - Market by | Region |
Asia Pacific | 4.7% |
Latin America | 4.4% |
Middle East and Africa | 4.1% |
North America | XX% |
Europe | XX% |
CAGR 2024-2032 - Market by | Country |
Canada | 4.6% |
China | 4.5% |
Saudi Arabia | 4.3% |
Mexico | 4.3% |
USA | 3.6% |
UK | XX% |
Germany | XX% |
France | XX% |
Italy | XX% |
Japan | XX% |
India | XX% |
Australia | 3.2% |
Brazil | XX% |
2023 Market Share by | Country |
Germany | 5.4% |
USA | XX% |
Canada | XX% |
UK | XX% |
The regional markets for corn bran can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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.
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:
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.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Nature |
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Breakup by Distribution Channel |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global corn bran market attained a volume of 9.48 million tons in 2023.
In the forecast period of 2024-2032, the global corn bran market is projected to grow at a CAGR of 3.8%.
The major drivers of the industry, such as rising disposable incomes, increasing population, rising health consciousness, increasing food demand, growing demand for healthier diets and an active lifestyle, and increasing cases of heart disease, obesity, and diabetes, are expected to aid the market growth.
The key trend guiding the growth of the market includes the growing introduction of healthier and nutritional food products.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading segments by nature in the industry are organic and conventional.
The major distribution channels in the market are direct and indirect sales.
The significant application segments in the market are food and beverage, feed, and nutritional supplements, among others.
The major players in the industry are Cargill, Incorporated, Grain Processing Corporation, Didion, Inc., Sunflakes Food Products Pvt. Ltd., and Grain Millers, Inc., among others.
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