According to the report, the global corn bran market reached a volume of 9094 KMT in 2022. Aided by the increasing demand for high-fibre food products and the growing application of corn bran in various industries, the corn bran market is projected to further grow at a CAGR of 3.9% between 2023 and 2028 to reach a volume of 11414.22 KMT by 2028.
Corn bran is the outer layer of the corn kernel, which is separated during the milling process. Corn bran is widely used in the food and beverage industry as a functional ingredient to enhance the nutritional profile of various products, including bread, cereals, snacks, and bakery items. Apart from its applications in the food industry, corn bran is also used in the feed, pharmaceutical, and cosmetic sectors.
The growing consumer awareness regarding the health benefits of functional foods and beverages is fuelling the demand for corn bran as a functional ingredient. The high fibre content in corn bran promotes digestive health, weight management, and helps regulate blood sugar levels, making it an ideal ingredient for functional food and beverage formulations. The increasing popularity of plant-based diets and the demand for plant-based alternatives to traditional animal-derived ingredients are further driving the corn bran market growth. Corn bran is being increasingly utilised as a plant-based protein and fibre source in a variety of food applications, including meat substitutes, bakery products, and snacks.
The global corn bran market is experiencing significant growth due to the increasing demand for high-fibre food products. The rising prevalence of obesity, diabetes, and heart diseases has further fuelled the demand for corn bran as a functional ingredient in the food and beverage industry.
Moreover, the growing application of corn bran in the animal feed sector is another key driver for the market. Corn bran serves as a cost-effective and sustainable feed ingredient that provides essential nutrients, such as proteins, vitamins, and minerals, to livestock. The increasing demand for meat and dairy products worldwide has led to the expansion of the animal feed industry, which, in turn, has positively impacted the global corn bran market growth.
The cosmetic industry is also contributing to the growth of the market. The rising consumer preference for natural and eco-friendly personal care products has propelled the demand for corn bran as a sustainable and biodegradable ingredient in the cosmetic industry, thereby supporting the corn bran market expansion.
Corn bran is the outer layer of the corn kernel, which is separated during the milling process. Corn bran is widely used in the food and beverage industry as a functional ingredient to enhance the nutritional profile of various products, including bread, cereals, snacks, and bakery items. Apart from its applications in the food industry, corn bran is also used in the feed, pharmaceutical, and cosmetic sectors.
The growing consumer awareness regarding the health benefits of functional foods and beverages is fuelling the demand for corn bran as a functional ingredient. The high fibre content in corn bran promotes digestive health, weight management, and helps regulate blood sugar levels, making it an ideal ingredient for functional food and beverage formulations. The increasing popularity of plant-based diets and the demand for plant-based alternatives to traditional animal-derived ingredients are further driving the corn bran market growth. Corn bran is being increasingly utilised as a plant-based protein and fibre source in a variety of food applications, including meat substitutes, bakery products, and snacks.
The global corn bran market is experiencing significant growth due to the increasing demand for high-fibre food products. The rising prevalence of obesity, diabetes, and heart diseases has further fuelled the demand for corn bran as a functional ingredient in the food and beverage industry.
Moreover, the growing application of corn bran in the animal feed sector is another key driver for the market. Corn bran serves as a cost-effective and sustainable feed ingredient that provides essential nutrients, such as proteins, vitamins, and minerals, to livestock. The increasing demand for meat and dairy products worldwide has led to the expansion of the animal feed industry, which, in turn, has positively impacted the global corn bran market growth.
The cosmetic industry is also contributing to the growth of the market. The rising consumer preference for natural and eco-friendly personal care products has propelled the demand for corn bran as a sustainable and biodegradable ingredient in the cosmetic industry, thereby supporting the corn bran market expansion.
Market Segmentation
The market can be divided based on nature, distribution channel, application, and region.Market Breakup by Nature
- Organic
- Conventional
Market Breakup by Distribution Channel
- Direct Sales
- Indirect Sales
Market Breakup 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 report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global corn bran companies. Some of the major key players explored in the report are as follows:- Cargill, Incorporated
- Grain Processing Corporation
- Didion, Inc
- Sunflakes Food Products Pvt. Ltd
- Grain Millers, Inc
- Others
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Corn Bran Market Analysis
8.1 Key Industry Highlights
8.2 Global Corn Bran Historical Market (2018-2022)
8.3 Global Corn Bran Market Forecast (2023-2028)
8.4 Global Corn Bran Market by Nature
8.4.1 Organic
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Conventional
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Corn Bran Market by Distribution Channel
8.5.1 Direct Sales
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Indirect Sales
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global Corn Bran Market by Application
8.6.1 Food and Beverage
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Feed
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Nutritional Supplements
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Corn Bran Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Code: 230210)
12.1 Major Exporting Countries:
12.1.1 By Value
12.1.2 By Volume
12.2 Major Importing Countries
12.2.1 By Value
12.2.2 By Volume
13 Price Analysis
14 Manufacturing Process
14.1 Overview
14.2 Detailed Process Flow
14.3 Operation Involved
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Cargill, Incorporated.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Grain Processing Corporation
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Didion, Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Sunflakes Food Products Pvt. Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Grain Millers, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Industry Events and Developments
Additional Customisations Available
1 Project Requirements and Cost Analysis
1.1 Land, Location, and Site Development
1.2 Construction
1.3 Plant Machinery
1.4 Cost of Raw Material
1.5 Packaging
1.6 Transportation
1.7 Utilities
1.8 Manpower
1.9 Other Capital Investments
Companies Mentioned
- Cargill, Incorporated.
- Grain Processing Corporation
- Didion, Inc.
- Sunflakes Food Products Pvt. Ltd.
- Grain Millers, Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 152 |
| Published | April 2023 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value in 2023 | 9422 KMT |
| Forecasted Market Value by 2028 | 11414.22 KMT |
| Compound Annual Growth Rate | 3.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 5 |
