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.
Wheat Bran Industry Segmentation
Wheat bran is one of three layers of the wheat kernel. It is rich in many plant compounds and minerals and is an excellent source of fiber.
The global wheat bran market is segmented by product type, including animal feed grade, medical use grade, and others, by application, including food products, animal feed, pharmaceuticals, cosmetics, and others, by geography including North America, Europe, Asia-Pacific, South America, and Africa.
The report offers the market size and forecasts in terms of value in USD million for the above-mentioned segments.
| Product Type | |
| Animal Feed Grade | |
| Medical Use Grade | |
| Other Product Types |
| Application | |
| Food Products | |
| Animal Feed | |
| Pharmacuticals | |
| Cosmetics | |
| Other Applications |
| Geography | |||||||
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Wheat Bran Market Size Summary
The global wheat bran market is experiencing significant growth, driven by increasing awareness of its health benefits and its applications in various industries. Wheat bran, the hard outer layer of cereal grain, is gaining popularity for its prebiotic and fiber-rich properties, which are beneficial for gut health. This has led to a rise in demand within the processed food industry, as well as in livestock feeding, where it serves as a valuable source of fiber and protein. The market is also bolstered by the growing consumer preference for gluten-free products and the use of hydrolyzed wheat bran in the cosmetic industry. The abundant global production of wheat ensures a steady supply of wheat bran, supporting the market's expansion.
The Asia Pacific region is the fastest-growing market for wheat bran, fueled by its large livestock population and increasing demand for animal feed. The region's higher prevalence of cardiovascular diseases has led to a greater adoption of fiber-rich diets, further driving market growth. The global wheat bran market is concentrated in Asia and North America, with major players expanding their operations to capture a larger share of the market. Companies are investing in new facilities and product lines to meet the rising demand. Recent developments, such as the launch of zinc-enriched wheat products and the opening of state-of-the-art milling facilities, highlight the industry's commitment to innovation and sustainability.
Wheat Bran Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitutes
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1.4.5 Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Product Type
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2.1.1 Animal Feed Grade
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2.1.2 Medical Use Grade
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2.1.3 Other Product Types
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2.2 Application
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2.2.1 Food Products
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2.2.2 Animal Feed
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2.2.3 Pharmacuticals
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2.2.4 Cosmetics
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2.2.5 Other Applications
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 Spain
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Russia
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2.3.2.5 Rest of Europe
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2.3.3 Asia Pacific
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2.3.3.1 China
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2.3.3.2 India
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2.3.3.3 Japan
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2.3.3.4 Thailand
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Africa
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2.3.5.1 South Africa
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2.3.5.2 Egypt
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2.3.5.3 Rest of Africa
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Wheat Bran Market Size FAQs
What is the current Wheat Bran Market size?
The Wheat Bran Market is projected to register a CAGR of 4.5% during the forecast period (2024-2029)
Who are the key players in Wheat Bran Market?
Star of the West Milling Co., Hindustan Animal Feeds, Astra Alliance, Wilmar International Ltd and Siemer Milling Company are the major companies operating in the Wheat Bran Market.
