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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Corn Bran 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.
Corn Bran Market Report Snapshots
*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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Key Questions Answered in the Report
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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