Wheat Bran Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Wheat bran market
The wheat bran market size was valued at USD 18.57 million in 2020, and the market is now projected to grow USD 31.43 million in 2032 exhibiting a CAGR of 4.48% during the forecast period of 2021-2032.
As a result of COVID 19, there was disruptions on aviation, international flight, and dry bulk cargo affecting labor, production, and delivery of wheat bran supply chain globally. However, wheat and bran production bounced back from mid-2020 and remained reasonably static since then. It has caused many diversifications too because customers’ awareness of their health has increased during the pandemic, which makes them look for products containing vitamin C and fiber. The increasing consciousness of prebiotics is also promoting standard use of fiber ingredients in processed foods. This trend is expected to have an impressive impact on the wheat bran market in the future years.
The global wheat bran market is primarily fueled by an increase in per capita consumption of fibre products to enhance digestion and minimize the risks of illnesses resulting from poor lifestyles. So, the high demand has led to innovation and manufacturing of quality bran from wheat millers. Wheat millers bran is commonly being incorporated in the food industry processing for functional foods. Its flexibility has enabled it to be used in different methods of making health related food products. With increasing realization of this value, the market for wheat millers bran is on the right path to expansion.
Over the years, there has emerged a lot of awareness regarding the health of the gut because of its influence on overall health. Since a large proportion of the population has heart issues, the common feeling that fiber assists in the improvement of gut health, as well as in the elimination of a variety of diseases, has increased demand for prebiotic. consumers. This has brought about a switch towards consumption of high fiber functional foods. Hence, innovative leading companies are developing prebiotic snacks and post-processing functional food and beverages. As consumers demand a healthier and improved gut health, the market for food rich in fiber is on the rise.
Comprehensive Analysis of Wheat bran market
The wheat bran market growth is rising at an exponential rate due to its market segmentation. This market expansion rightly provides a thorough market breakdown near to the industry considering the leading supply and demand forces. These segmentations are methodically segregated by type, and by application. By type includes organic, conventional. By application includes bakery products, breakfast cereals, pasta & noodles, other food applications, feed application.
The Asia Pacific region lead the wheat bran market share by benefitting a market size of USD 9.90 billion in 2020 due to its increasing demand for bran as animal feed.
The top players in the markets have a central responsibility in the food & beverages industry to be sure of industrial prospectus development and to establish the market norms. These players include, GoodMills Group GmbH, Ardent Mills, Star of West Milling Co., Nisshin Seifun Group Inc., Harinera Vilafranquina S.A., Karim Karobar Company (Pvt) Ltd., Hindustan Animal Feeds, Arti Roller Flour Industries Ltd., Vaighai Group of Companies, Siemer Milling Co. these market players provide a level-playing competitive landscape.
In November 2019, Agrana opened a €100m wheat starch processing plant in Pischelsdorf, Austria, with a capacity to produce 35,000 tons of wheat-based bran.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2017-2028
Base Year 2020
Estimated Year 2021
Forecast Period 2021-2028
Historical Period 2017-2019
Unit Value (USD Billion)
Volume (Thousand MT)
By Type
Organic
Conventional
By Application
Bakery Products
Breakfast Cereals
Pasta & Noodles
Other Food Applications
Feed Application
By Geography
North America (By Type, By Application & By Country)
U.S. (By Application)
Canada (By Application)
Mexico (By Application)
Europe (By Type, By Application & By Country)
U.K. (By Application)
Germany (By Application)
France (By Application)
Italy (By Application)
Spain (By Application)
Rest of Europe (By Application)
Asia Pacific (By Type, By Application & By Country)
China (By Application)
India (By Application)
Indonesia (By Application)
Japan (By Application)
Australia (By Application)
Rest of AsiaPacific (By Application)
South America (By Type, By Application & By Country)
Brazil (By Application)
Argentina (By Application)
Rest of South America (By Application)
Middle East & Africa (By Type, By Application & By Country)
Turkey (By Application)
South Africa (By Application)
Rest of the Middle East & Africa (By Application)
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Overview of Cereal Bran Market
- 4.2. Industry SWOT Analysis
- 4.3. Supply Chain Analysis
- 4.4. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
- 4.5. Market Analysis and Insights (in Relation with COVID-19)
- 4.5.1. Impact of COVID-19 on the Market
- 4.5.2. Supply Chain Challenges due to the Pandemic
- 4.5.3. Potential Opportunities to Support the Sales during the Calamity
- 5. Global Wheat Bran Market Analysis, Insights and Forecast, 2017-2028
- 5.1. Key Findings / Summary
- 5.2. Market Size Estimates and Forecast
- 5.2.1. By Type (Value & Volume)
- 5.2.1.1. Organic
- 5.2.1.2. Conventional
- 5.2.2. By Application (Value & Volume)
- 5.2.2.1. Bakery Products
- 5.2.2.2. Breakfast Cereals
- 5.2.2.3. Pasta & Noodles
- 5.2.2.4. Other Food Applications
- 5.2.2.5. Feed Application
- 5.2.3. By Region (Value & Volume)
- 5.2.3.1. North America
- 5.2.3.2. Europe
- 5.2.3.3. Asia Pacific
- 5.2.3.4. South America
- 5.2.3.5. Middle East & Africa
- 6. North America Wheat Bran Market Analysis, Insights and Forecast, 2017-2028
- 6.1. Key Findings / Summary
- 6.2. Market Size Estimates and Forecast
- 6.2.1. By Type (Value & Volume)
- 6.2.1.1. Organic
- 6.2.1.2. Conventional
- 6.2.2. By Application (Value & Volume)
- 6.2.2.1. Bakery Products
- 6.2.2.2. Breakfast Cereals
- 6.2.2.3. Pasta & Noodles
- 6.2.2.4. Other Food Applications
- 6.2.2.5. Feed Application
- 6.2.3. By Country (Value & Volume)
- 6.2.3.1. U.S.
- 6.2.3.2. Canada
- 6.2.3.3. Mexico
- 7. Europe Wheat Bran Market Analysis, Insights and Forecast, 2017-2028
- 7.1. Key Findings / Summary
- 7.2. Market Size Estimates and Forecast
- 7.2.1. By Type (Value & Volume)
- 7.2.1.1. Organic
- 7.2.1.2. Conventional
- 7.2.2. By Application (Value & Volume)
- 7.2.2.1. Bakery Products
- 7.2.2.2. Breakfast Cereals
- 7.2.2.3. Pasta & Noodles
- 7.2.2.4. Other Food Applications
- 7.2.2.5. Feed Application
- 7.2.3. By Country (Value & Volume)
- 7.2.3.1. U.K.
- 7.2.3.2. Germany
- 7.2.3.3. France
- 7.2.3.4. Italy
- 7.2.3.5. Spain
- 7.2.3.6. Rest of Europe
- 8. Asia Pacific Wheat Bran Market Analysis, Insights and Forecast, 2017-2028
- 8.1. Key Findings / Summary
- 8.2. Market Size Estimates and Forecast
- 8.2.1. By Type (Value & Volume)
- 8.2.1.1. Organic
- 8.2.1.2. Conventional
- 8.2.2. By Application (Value & Volume)
- 8.2.2.1. Bakery Products
- 8.2.2.2. Breakfast Cereals
- 8.2.2.3. Pasta & Noodles
- 8.2.2.4. Other Food Applications
- 8.2.2.5. Feed Application
- 8.2.3. By Country (Value & Volume)
- 8.2.3.1. China
- 8.2.3.2. India
- 8.2.3.3. Japan
- 8.2.3.4. Australia
- 8.2.3.5. Indonesia
- 8.2.3.6. Rest of Asia Pacific
- 9. South America Wheat Bran Market Analysis, Insights and Forecast, 2017-2028
- 9.1. Key Findings / Summary
- 9.2. Market Size Estimates and Forecast
- 9.2.1. By Type (Value & Volume)
- 9.2.1.1. Organic
- 9.2.1.2. Conventional
- 9.2.2. By Application (Value & Volume)
- 9.2.2.1. Bakery Products
- 9.2.2.2. Breakfast Cereals
- 9.2.2.3. Pasta & Noodles
- 9.2.2.4. Other Food Applications
- 9.2.2.5. Feed Application
- 9.2.3. By Country (Value & Volume)
- 9.2.3.1. Brazil
- 9.2.3.2. Argentina
- 9.2.3.3. Rest of South America
- 10. Middle East & Africa Wheat Bran Market Analysis, Insights and Forecast, 2017-2028
- 10.1. Key Findings / Summary
- 10.2. Market Size Estimates and Forecast
- 10.2.1. By Type (Value & Volume)
- 10.2.1.1. Organic
- 10.2.1.2. Conventional
- 10.2.2. By Application (Value & Volume)
- 10.2.2.1. Bakery Products
- 10.2.2.2. Breakfast Cereals
- 10.2.2.3. Pasta & Noodles
- 10.2.2.4. Other Food Applications
- 10.2.2.5. Feed Application
- 10.2.3. By Country (Value & Volume)
- 10.2.3.1. Turkey
- 10.2.3.2. South Africa
- 10.2.3.3. Rest of Middle East & Africa
- 11. Competitive Matrix
- 11.1. Business Strategies Adopted by Leading Players
- 11.2. Global Wheat Bran Market Revenue Share/Ranking Analysis, By Key Manufacturer
- 12. Company Profiles
- 12.1. GoodMills Innovation GmbH
- 12.1.1. Overview
- 12.1.2. Description
- 12.1.3. Product Portfolio
- 12.1.4. Financials (Data as available in public domain and/or on paid databases)
- 12.1.5. Recent Developments
- 12.2. Nisshin Seifun Group, Inc.
- 12.2.1. Overview
- 12.2.2. Description
- 12.2.3. Product Portfolio
- 12.2.4. Financials (Data as available in public domain and/or on paid databases)
- 12.2.5. Recent Developments
- 12.3. Harinera Vilafranquina
- 12.3.1. Overview
- 12.3.2. Description
- 12.3.3. Product Portfolio
- 12.3.4. Financials (Data as available in public domain and/or on paid databases)
- 12.3.5. Recent Developments
- 12.4. Karim Karobar Company Pvt. Ltd.
- 12.4.1. Overview
- 12.4.2. Description
- 12.4.3. Product Portfolio
- 12.4.4. Financials (Data as available in public domain and/or on paid databases)
- 12.4.5. Recent Developments
- 12.5. Hindustan Animal Feeds
- 12.5.1. Overview
- 12.5.2. Description
- 12.5.3. Product Portfolio
- 12.5.4. Financials (Data as available in public domain and/or on paid databases)
- 12.5.5. Recent Developments
- 12.6. Vaighai Group of Companies
- 12.6.1. Overview
- 12.6.2. Description
- 12.6.3. Product Portfolio
- 12.6.4. Financials (Data as available in public domain and/or on paid databases)
- 12.6.5. Recent Developments
- 12.7. Gupta Group
- 12.7.1. Overview
- 12.7.2. Description
- 12.7.3. Product Portfolio
- 12.7.4. Financials (Data as available in public domain and/or on paid databases)
- 12.7.5. Recent Developments
- 12.8. Sunshade Animal Feeds Pvt. Ltd.
- 12.8.1. Overview
- 12.8.2. Description
- 12.8.3. Product Portfolio
- 12.8.4. Financials (Data as available in public domain and/or on paid databases)
- 12.8.5. Recent Developments
- 12.9. Arti Roller Flour Industries Ltd.
- 12.9.1. Overview
- 12.9.2. Description
- 12.9.3. Product Portfolio
- 12.9.4. Financials (Data as available in public domain and/or on paid databases)
- 12.9.5. Recent Developments
- 12.10. Star of West Milling Company
- 12.10.1. Overview
- 12.10.2. Description
- 12.10.3. Product Portfolio
- 12.10.4. Financials (Data as available in public domain and/or on paid databases)
- 12.10.5. Recent Developments
- 12.11. Ardent Mills
- 12.11.1. Overview
- 12.11.2. Description
- 12.11.3. Product Portfolio
- 12.11.4. Financials (Data as available in public domain and/or on paid databases)
- 12.11.5. Recent Developments
- 12.12. Siemer Milling Company
- 12.12.1. Overview
- 12.12.2. Description
- 12.12.3. Product Portfolio
- 12.12.4. Financials (Data as available in public domain and/or on paid databases)
- 12.12.5. Recent Developments
- 13. Strategic Recommendations
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