Market Size of Wheat Bran Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Wheat Bran Market Analysis
The global wheat bran market is expected to register a CAGR of 4.5% over the forecast period.
- Bran, also known as miller's bran, is the hard outer layer of cereal grain. It consists of the combined aleurone and pericarp. The use of wheat bran for human consumption has increased over the years due to its several health benefits. Wheat bran is also exported worldwide and is a major feed commodity. Wheat bran is a bulky feed that can lighten dense, heavy feed mixtures and can be readily incorporated into mashes.
- This industry is witnessing substantial growth worldwide due to the increasing knowledge regarding prebiotics and fiber-rich foods. Their positive impact on gut health has considerably increased the demand for wheat bran across the processed food industry. Increasing bran use in livestock feeding as a fiber and protein source is anticipated to fuel market growth in the coming year.
- Another major factor driving demand for wheat bran is an increase in consumer demand for muffins, brown bread, cookies, and wheat flakes. Increasing consumer demand for gluten-free products due to celiac disease associated with gluten is another major factor driving demand for wheat bran products.
- Recently, hydrolyxed wheat bran is also being used in the cosmetic industry. Due to the high production of wheat globally, the availability of wheat bran is not likely to see negative changes. This, in turn, will drive the market's growth in the forecast period.
