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Global Corn Bran Market to Grow at a CAGR of 3.9% During 2022-2027, Aided by the Rising Awareness of the Product’s Health Benefits

According to a new report by EMR titled, ‘Global Corn Bran Market Report and Forecast 2022-2027’, the global corn bran market attained a volume of 8.78 million tons in 2021. The market is further expected to grow at a CAGR of 3.9% in the forecast period of 2022-2027.

The global corn bran market is primarily being driven by the rising awareness among the consumers about its health benefits. Corn bran proves essential in boosting the essential fibre levels in the body. The rising demand for fibre-rich food products has led to the growth of the corn bran industry. The market is also being aided by the rising demand for clean label products, which contain lower added sugar and better-for-you-ingredients. The introduction of non-GMO corn bran variants by leading players in the industry like Cargill is expected to provide the market a further boost.

Corn bran is widely consumed in North and Latin America, with United States being one of the leading producers of corn. The high penetration of corn bran in Europe also makes the region another lucrative market for the product. Asian countries with some of the highest population densities of the world are also aiding the market growth. The rise in the distribution channels is also boosting the demand for the product. The product is widely available on e-commerce platforms like Amazon.com, Inc. (NASDAQ: AMZN), and hypermarkets like Walmart Inc (NYSE: WMT). The market is also expected to be driven by the rising demand for allergen-free and gluten-free food products.

Market Analysis by Nature, Distribution Channel, Application, and Region:

  • Based on nature, the market can be divided into organic and conventional.
  • The distribution channels in the market include direct sales and indirect sales.
  • Corn bran finds wide applications in food and beverage, feed, and nutritional supplements, among others.
  • The regional markets for corn bran include North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • Rising awareness of healthier diets and an active lifestyle among the consumers is driving the growth of the market.
  • The growing competition among the key players is also aiding the growth of the industry.
  • The expanding application of the product owing to its versatile applications, is boosting the growth of the market.
  • Rising cases of heart disease, obesity, and diabetes have also increased the demand for healthier food options, including corn bran.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for corn bran for the periods (2017-2021) and (2022-2027).
  • The report also offers the historical (2017-2021) and forecast (2022-2027) markets for the nature, distribution channels, applications, and major regions of corn bran.
  • An assessment of the trade data has been provided within the report, covering the major exporting and importing countries by value and volume.
  • The report provides regional price trends for the period (2017-2021) and (2022-2027).
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global corn bran market are Cargill, Incorporated., Grain Processing Corporation, Didion, Inc., Sunflakes Food Products Pvt. Ltd., and Grain Millers, Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*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.

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