Global Corn Bran Market Report and Forecast 2022-2027

Global Corn Bran Market Report and Forecast 2022-2027

Market Outlook

The global corn bran market report by Expert Market Research (EMR) reached a volume of 8781 KMT in 2021. Aided by the thriving e-commerce industry, the market is estimated to further grow at a CAGR of 3.9% between 2022 and 2027 to attain 10990 KMT by 2027.

Corn bran is a pale-coloured fibrous food product which is obtained from the tough outer layer of corn or maize. With mild flavour and high carbohydrate content, corn bran is typically incorporated in food products to provide a bulky texture. In addition, it is used to boost the content of dietary fibres in home-cooked food as well as the food and beverage industry.

Corn bran does not impact the texture, flavour, and processing of food products, which is surging its utilisation in bread, pasta, and taco, among others. In this regard, the growing trend of snacking is driving the global corn bran market demand.

Corn bran contains an extensive amount of insoluble dietary fibres and is low in calories, due to which it is used in various food products to reduce their calorie content while boosting their satiety. Over the forecast period, the preference for low calorie and high carb recipes is food is anticipated to surge the demand for corn bran.

The increasing focus on fitness and weight management on account of the growing health consciousness is driving the demand for corn bran owing to its high nutritional profile. Moreover, due to the cost-effectiveness, versatility, and high dietary fibre content in corn bran, the demand for corn bran is bolstering in the nutraceutical industry, which is further propelling the corn bran market growth.

Over the forecast period, the increasing incorporation of corn bran in muffins, bread, and cakes, among others, to boost their flavour and nutrition profile while improving their oxidative and emulsion stability are anticipated to accelerate the demand for corn bran. The rising demand for corn bran as feed for poultry and farm animals is likely to provide further impetus to the market in upcoming years.

The thriving e-commerce industry is playing a significant role in bolstering the growth of the corn bran market size. This can be attributed to increasing sales of clean-labelled corn bran-based snacks such as pasta and bread. In addition to this, emerging grocery delivery platforms offering nutritional supplements derived from corn bran are offering lucrative opportunities to the market.

Some of the corn bran market trends include rapid urbanisation across emerging economies, expansion of supermarkets/hypermarkets, convenience stores, and organised grocery outlets, as well as the growing awareness regarding the health benefits of corn bran.

The transition towards healthy bakery and confectionery options owing to the growing cases of obesity and diabetes mellitus is anticipated to aid the corn bran market growth in the coming years. With consumers increasingly seeking bakery products with dietary fibres and low glycemic index, the demand for corn bran on account of its excellent flavour and nutrition profile is expected to surge.

The Asia Pacific region represents a considerable share in the market owing to the high demand for corn bran in emerging economies such as Indonesia, India, Vietanam, and China. The increasing awareness about the health benefits offered by the product is likely to bolster its popularity in the forecast period.

The North America market is expected to project promising growth owing to the thriving food and beverage industry in strong economies such as the United States and Canada. The strong foothold of major market players in the region is anticipated to lead to the development of superior quality corn brans, which is likely to expand the corn bran market share of the region in the coming years.

Market Segmentation

The market can be divided on the basis of the nature of the product, its distribution channel, application, and regions.

Market Breakup by Nature

• Organic
• Conventional

Market Segmentation by Distribution Channel

• Direct Sales
• Indirect Sales

Market Classification by Application

• Food and Beverage
• Feed
• Nutritional Supplements
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the corn bran companies. Some of the major key players explored in the report by Expert Market Research are as follows:

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

*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.