Wheat Bran Market Updates by 2031
The Wheat Bran Market is expected to register a CAGR of 5% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by form (flour/meal, flakes, pellets), category (organic, conventional). The report further presents analysis based on application (baked goods, breakfast cereals, nutritional bars, animal feed, others). The global analysis is further broken-down at regional level and major countries. In terms of geography, the market is divided into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America). The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Wheat Bran Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Wheat Bran Market Segmentation
Form- Flour/Meal
- Flakes
- Pellets
- Organic
- Conventional
- Baked Goods
- Breakfast Cereals
- Nutritional Bars
- Animal Feed
- Others
Strategic Insights
Wheat Bran Market Growth Drivers- Health-Conscious Consumer Trends Drive Wheat Bran Demand: The rapidly growing inclination towards consuming healthier foods by the consumers is one of the major factors propelling the growth of the wheat bran market. The market is also propelled due to the increasing use of products such muffins, brown bread, cookies and wheat flakes due to their healthy advantages, especially the high fiber content which is favorable for healthy living people.
- Wheat Bran's Role in Baked Goods Fuels Market Growth: Wheat bran is the major source of roughage in baked goods, propelling what's the market for this product. More wheat bran is being used in their products by bakeries and other food manufacturers owing to its health benefits, which in turn increases the demand for the ingredient.
- Versatility of Wheat Bran in Food Applications Expands Market: Products can be made with wheat bran in many food applications such as cereals, snack foods, and nutraceuticals. This versatility enables the manufacturer to make new innovative products which appeal to different tastes and dietary requirements of the consumers and hence increases the demand.
- Rising Health and Wellness Trends Boost Wheat Bran Demand: There exists a growing trend in health and wellness, predominantly in wheat bran. For example, there is a growing preference among people for high fiber foods in order to enhance digestive health and control body weight. Food consumption patterns, particularly wheat based products such as baked foods, cereals, and so on, are shifting, and there is a rising need for wheat bran.
- Vegan Diet Popularity Drives Wheat Bran Consumption: With the increase in the number of people following a vegan diet, this has led to an increase in the consumption of healthy additives such as wheat bran. Wheat bran is one of the best sources of dietary fiber and many other essential nutrients. Hence it is preferred by many people who want to add more value to their vegetarian meals and snacks.
- Wheat Bran's Expanding Use in Diverse Food Products: The Food industry is very dynamic as new develops melting pot and even extending the use of wheat bran into other products apart from the customary baked goods. This includes, but not limited to, snacks, breakfast foods, and dietary supplements, thus serving the needs of out of different market segments thereby growing the market for wheat bran.
- Opportunities for Value-Added Wheat Bran Products: The growing consumer demand for value-added foods opens up wide avenues for the use of wheat bran. Health-enhancing attributes in products encourage usage of such products. The nutritional aspects of wheat bran, such as its high fiber content and prospective prebiotic effect, can be used by manufacturers in developing products to address this need.
- Health-Conscious Consumer Demand Drives Innovation: With the rise of health-conscious consumers, food manufacturers look for new and creative ways to enrich their products with wheat bran. It also includes healthy snacks, cereals, and baked products which help in product differentiation in a highly competitive market with health-seeking customers.
- Sustainability and Waste Reduction through Wheat Bran: The growing consumer demand for sustainable food systems also encourages the utilization of milling off cuts such as wheat bran. The use of wheat bran helps in waste minimization and addresses the needs of consumers who have an interest in environmental issues making it an efficient component in green marketing strategies.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Wheat Bran Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Wheat Bran Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The Wheat Bran Market is estimated to witness a CAGR of 5% from 2023 to 2031
Consumer’s growing inclination towards health and wellness and significantly growing bakery industry are the major factors driving the wheat bran market growth.
Increasing consumer demand for plant-based diet and sustainable food production trend is likely to remain the key trends in the market.
Grain Millers, Inc., Ardent Mills, Siemer Milling Company, King Milling Company, Sunimpex, Ceresal GmbH, Bunge, Nisshin Flour Milling Inc, ED and F Man Feedimpex B.V., VVRS Australia Pty Ltd are the key players operating in the market
Based on geography, Asia Pacific held the largest share of the wheat bran market.
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Global Wheat Bran Market - By Type
1.3.2 Global Wheat Bran Market - By Application
1.3.3 Global Wheat Bran Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. GLOBAL WHEAT BRAN MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. GLOBAL WHEAT BRAN MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. GLOBAL WHEAT BRAN MARKET - GLOBAL MARKET ANALYSIS
6.1. GLOBAL WHEAT BRAN - GLOBAL MARKET OVERVIEW
6.2. GLOBAL WHEAT BRAN - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. GLOBAL WHEAT BRAN MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. FEED GRADE
7.3.1. Overview
7.3.2. Feed Grade Market Forecast and Analysis
7.4. MEDICAL GRADE
7.4.1. Overview
7.4.2. Medical Grade Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. GLOBAL WHEAT BRAN MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. ANIMAL FEED
8.3.1. Overview
8.3.2. Animal Feed Market Forecast and Analysis
8.4. FOOD PRODUCTS
8.4.1. Overview
8.4.2. Food Products Market Forecast and Analysis
8.5. PHARMACEUTICALS
8.5.1. Overview
8.5.2. Pharmaceuticals Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. GLOBAL WHEAT BRAN MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Global Wheat Bran Market Overview
9.1.2 North America Global Wheat Bran Market Forecasts and Analysis
9.1.3 North America Global Wheat Bran Market Forecasts and Analysis - By Type
9.1.4 North America Global Wheat Bran Market Forecasts and Analysis - By Application
9.1.5 North America Global Wheat Bran Market Forecasts and Analysis - By Countries
9.1.5.1 United States Global Wheat Bran Market
9.1.5.1.1 United States Global Wheat Bran Market by Type
9.1.5.1.2 United States Global Wheat Bran Market by Application
9.1.5.2 Canada Global Wheat Bran Market
9.1.5.2.1 Canada Global Wheat Bran Market by Type
9.1.5.2.2 Canada Global Wheat Bran Market by Application
9.1.5.3 Mexico Global Wheat Bran Market
9.1.5.3.1 Mexico Global Wheat Bran Market by Type
9.1.5.3.2 Mexico Global Wheat Bran Market by Application
9.2. EUROPE
9.2.1 Europe Global Wheat Bran Market Overview
9.2.2 Europe Global Wheat Bran Market Forecasts and Analysis
9.2.3 Europe Global Wheat Bran Market Forecasts and Analysis - By Type
9.2.4 Europe Global Wheat Bran Market Forecasts and Analysis - By Application
9.2.5 Europe Global Wheat Bran Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Global Wheat Bran Market
9.2.5.1.1 Germany Global Wheat Bran Market by Type
9.2.5.1.2 Germany Global Wheat Bran Market by Application
9.2.5.2 France Global Wheat Bran Market
9.2.5.2.1 France Global Wheat Bran Market by Type
9.2.5.2.2 France Global Wheat Bran Market by Application
9.2.5.3 Italy Global Wheat Bran Market
9.2.5.3.1 Italy Global Wheat Bran Market by Type
9.2.5.3.2 Italy Global Wheat Bran Market by Application
9.2.5.4 United Kingdom Global Wheat Bran Market
9.2.5.4.1 United Kingdom Global Wheat Bran Market by Type
9.2.5.4.2 United Kingdom Global Wheat Bran Market by Application
9.2.5.5 Russia Global Wheat Bran Market
9.2.5.5.1 Russia Global Wheat Bran Market by Type
9.2.5.5.2 Russia Global Wheat Bran Market by Application
9.2.5.6 Rest of Europe Global Wheat Bran Market
9.2.5.6.1 Rest of Europe Global Wheat Bran Market by Type
9.2.5.6.2 Rest of Europe Global Wheat Bran Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Global Wheat Bran Market Overview
9.3.2 Asia-Pacific Global Wheat Bran Market Forecasts and Analysis
9.3.3 Asia-Pacific Global Wheat Bran Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Global Wheat Bran Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Global Wheat Bran Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Global Wheat Bran Market
9.3.5.1.1 Australia Global Wheat Bran Market by Type
9.3.5.1.2 Australia Global Wheat Bran Market by Application
9.3.5.2 India Global Wheat Bran Market
9.3.5.2.1 India Global Wheat Bran Market by Type
9.3.5.2.2 India Global Wheat Bran Market by Application
9.3.5.3 Japan Global Wheat Bran Market
9.3.5.3.1 Japan Global Wheat Bran Market by Type
9.3.5.3.2 Japan Global Wheat Bran Market by Application
9.3.5.4 South Korea Global Wheat Bran Market
9.3.5.4.1 South Korea Global Wheat Bran Market by Type
9.3.5.4.2 South Korea Global Wheat Bran Market by Application
9.3.5.5 Rest of Asia-Pacific Global Wheat Bran Market
9.3.5.5.1 Rest of Asia-Pacific Global Wheat Bran Market by Type
9.3.5.5.2 Rest of Asia-Pacific Global Wheat Bran Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Global Wheat Bran Market Overview
9.4.2 Middle East and Africa Global Wheat Bran Market Forecasts and Analysis
9.4.3 Middle East and Africa Global Wheat Bran Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Global Wheat Bran Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Global Wheat Bran Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Global Wheat Bran Market
9.4.5.1.1 South Africa Global Wheat Bran Market by Type
9.4.5.1.2 South Africa Global Wheat Bran Market by Application
9.4.5.2 Saudi Arabia Global Wheat Bran Market
9.4.5.2.1 Saudi Arabia Global Wheat Bran Market by Type
9.4.5.2.2 Saudi Arabia Global Wheat Bran Market by Application
9.4.5.3 U.A.E Global Wheat Bran Market
9.4.5.3.1 U.A.E Global Wheat Bran Market by Type
9.4.5.3.2 U.A.E Global Wheat Bran Market by Application
9.4.5.4 Rest of Middle East and Africa Global Wheat Bran Market
9.4.5.4.1 Rest of Middle East and Africa Global Wheat Bran Market by Type
9.4.5.4.2 Rest of Middle East and Africa Global Wheat Bran Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Global Wheat Bran Market Overview
9.5.2 South and Central America Global Wheat Bran Market Forecasts and Analysis
9.5.3 South and Central America Global Wheat Bran Market Forecasts and Analysis - By Type
9.5.4 South and Central America Global Wheat Bran Market Forecasts and Analysis - By Application
9.5.5 South and Central America Global Wheat Bran Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Global Wheat Bran Market
9.5.5.1.1 Brazil Global Wheat Bran Market by Type
9.5.5.1.2 Brazil Global Wheat Bran Market by Application
9.5.5.2 Argentina Global Wheat Bran Market
9.5.5.2.1 Argentina Global Wheat Bran Market by Type
9.5.5.2.2 Argentina Global Wheat Bran Market by Application
9.5.5.3 Rest of South and Central America Global Wheat Bran Market
9.5.5.3.1 Rest of South and Central America Global Wheat Bran Market by Type
9.5.5.3.2 Rest of South and Central America Global Wheat Bran Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. GLOBAL WHEAT BRAN MARKET, KEY COMPANY PROFILES
11.1. ABF GRAIN PRODUCTS LIMITED
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. FEEDLANCE B.V.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. GOODMILLS INNOVATION GMBH
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HARINERA VILAFRANQUINA
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HINDUSTAN ANIMAL FEED
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. JORDAN
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. PRIMUS AGRO
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. STAR OF THE WEST MILLING CO
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. VAIGHAI AGRO PRODUCTS LIMITED
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WILMAR INTERNATIONAL LIMITED
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. ABF Grain Products Limited
2. Feedlance B.V.
3. GoodMills Innovation GmbH
4. Harinera Vilafranquina
5. Hindustan Animal Feed
6. Jordan
7. Primus Agro
8. Star of the west milling co
9. Vaighai Agro Products Limited
10. Wilmar International Limited
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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