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Bran Market Size

  • Report ID: GMI6894
  • Published Date: Oct 2023
  • Report Format: PDF

Bran Market Size

Bran Market size was valued at USD 65.91 billion in 2022 and is estimated to observe 8.1% CAGR from 2023 to 2032. A key part of the food and agriculture sector that contributes to the world economy is the market. Bran is a useful byproduct of grain processing and is the outer layer of cereal grains like wheat, rice, and oats. Its high fibre content and rich nutrient make it a valuable ingredient in a variety of culinary products and animal feeds.

 

As the global population continues to grow, so does the demand for meat and dairy products. This drives the need for livestock and poultry farming, where bran is used as an essential component of animal feed to enhance their nutrition and overall health.

 

There is a growing global awareness of the health benefits associated with dietary fiber, which is abundant in bran. More consumers are looking for foods high in fibre to promote digestive health, lower cholesterol, and control blood sugar. The demand for bran-based products, which include cereals and snacks, is being fueled by this increased health consciousness, which is significantly boosting bran market growth.

 

The prevalence of lifestyle-related disorders such as obesity, diabetes, and heart disease is increasing. As a result, consumers are taking the initiative to develop healthier eating habits, and bran, with its ability to address these health concerns, is becoming a popular ingredient in a variety of food products.

Authors: Kunal Ahuja, Himanshu Kabra

Frequently Asked Questions (FAQ) :

The market size of bran reached USD 65.91 billion in 2022 and is set to surpass USD 144.02 billion by 2032, owing to high fibre content and rich nutrient profile of the product.

Food products held a dominant market share of around 45% in 2022, backed by the consumers shifting preference for healthier dietary options, with bran's high fiber content and nutritional benefits.

Asia Pacific market was valued at USD 28.17 million in 2022, as APAC has a large and diverse population with a significant portion of it relying on grains like rice and wheat as dietary staples.

Riceland Foods, Inc., GoodMills Company GmbH, Ardent Mills, Wilmar International Limited, Grain Millers, Inc., Archer Daniel Midland Company, Hindustan Animal Feeds, Siemer Milling Company, Didion Inc., Grain Processing Corporation, and Vaighai Agro Products Limited.

Bran Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 190
  • Countries covered: 20
  • Pages: 210
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