Wheat Bran Market
1. Introduction
Wheat Bran, also known as miller’s bran, is the hard outer layer of wheat kernels. It is used to make breakfast cereals, breads, crackers, and animal feed. Bran is high in fiber and nutrients, and has a variety of health benefits.
The global wheat bran market is expected to grow at a CAGR of 4.5% from 2018 to 2025. The market is driven by the rising demand for healthy and organic food, and the growing awareness of the health benefits of wheat bran.
Wheat bran is a good source of fiber, protein, vitamins, and minerals. It helps in weight loss, lowers cholesterol, and prevents constipation. It also helps in the growth of beneficial gut bacteria, and has anti-inflammatory and antioxidant properties.
Wheat bran can be used in a variety of recipes, including soups, stews, casseroles, baked goods, and breakfast cereals. It is also used as an animal feed.
The global wheat bran market is segmented by application, end-use, and region.
By application, the market is segmented into food, animal feed, and others. The food segment is expected to grow at the highest CAGR during the forecast period.
By end-use, the market is segmented into human food, animal feed, and others. The human food segment is expected to grow at the highest CAGR during the forecast period.
By region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Some of the key players in the wheat bran market are Cargill (US), Archer Daniels Midland Company (US), Bunge Limited (US), CHS Inc. (US), Glencore plc (Switzerland), and Louis Dreyfus Company (France).
2. Market Outlook
The market outlook for wheat bran is strong, with demand expected to continue to grow in the coming years. The use of wheat bran in animal feed is expected to continue to grow, as it is a cost-effective source of nutrients for livestock. The human food market for wheat bran is also growing, as it is increasingly being used as an ingredient in health foods and as a source of dietary fiber. With the growing demand for wheat bran, prices are expected to remain strong in the coming years.
3. Market Drivers
The wheat bran market is driven by three main factors: the price of wheat, the availability of substitutes, and the demand for wheat-based products.
The price of wheat is the primary driver of the wheat bran market. When the price of wheat increases, wheat bran becomes more expensive and less attractive to buyers. The price of wheat also affects the demand for wheat-based products. When the price of wheat increases, the demand for wheat-based products decreases, as consumers switch to cheaper alternatives.
The availability of substitutes is another major driver of the wheat bran market. When substitutes are available, they compete with wheat bran on price and performance. The most significant substitutes for wheat bran are rye bran and oat bran. Rye bran is a cheaper alternative to wheat bran, while oat bran has a similar price but is perceived to be healthier.
The demand for wheat-based products is the third major driver of the wheat bran market. When the demand for wheat-based products increases, the demand for wheat bran increases as well. The demand for wheat-based products is driven by population growth, income growth, and changes in dietary preferences.
4. Market Restraints
# Wheat bran is a byproduct of wheat milling and consists of the outer layers of the wheat kernel. It is a rich source of dietary fiber and essential nutrients, including protein, vitamins, and minerals. However, wheat bran also contains phytic acid, which can bind to these essential nutrients and reduce their absorption by the body. Wheat bran is also low in calories and fat, making it a popular weight-loss aid.
# Despite these health benefits, there are several market restraints that are expected to hinder the growth of the wheat bran market during the forecast period.
1) Phytic Acid Content: Phytic acid is an organic compound that is found in plant seeds. It binds to essential nutrients, such as calcium, iron, and zinc, and reduces their absorption by the body. This can lead to deficiencies of these nutrients, which can be detrimental to health.
2) Allergenicity: Wheat bran is a common allergen, and people with wheat allergies may experience symptoms such as abdominal pain, diarrhea, and vomiting.
3) Poor Digestibility: Wheat bran is poorly digestible, and it can cause gastrointestinal issues such as bloating, gas, and constipation.
4) Limited Applications: Wheat bran has a limited number of applications, and it is mostly used as a dietary supplement or as an ingredient in animal feed.
5. Market Opportunities
Written by : XYZ
The wheat bran market is growing rapidly due to the health consciousness of consumers and the rising demand for healthy and nutritious food products. The wheat bran market is expected to reach USD XX million by 2025, at a CAGR of XX% during the forecast period.
The wheat bran market is segmented by product type, application, and geography.
On the basis of product type, the wheat bran market is segmented into milled wheat bran, wheat germ, and wheat shorts. The milled wheat bran segment is expected to grow at the highest CAGR during the forecast period.
On the basis of application, the wheat bran market is segmented into animal feed, human food, and others. The animal feed application segment is expected to grow at the highest CAGR during the forecast period.
On the basis of geography, the wheat bran market is segmented into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. The wheat bran market in Asia-Pacific is expected to grow at the highest CAGR during the forecast period.
Some of the key players operating in the wheat bran market are Cargill (US), Archer Daniels Midland Company (US), Bunge Limited (US), CHS Inc. (US), Bühler AG (Switzerland), and GrainCorp Limited (Australia).
6. Competitive Landscape
The wheat bran market is expected to grow at a CAGR of around 4.5% during the forecast period of 2020-2025.
The wheat bran market is highly competitive and consists of a large number of players. Key players in the wheat bran market include Cargill, Inc., Archer Daniels Midland Company, Bunge Limited, and Ingredion Incorporated.
These players are increasingly adopting various growth strategies such as mergers & acquisitions and new product launches to gain a competitive edge in the wheat bran market.
Cargill, Inc. is one of the leading players in the wheat bran market. The company has a strong presence in North America, Europe, and Asia-Pacific. Cargill, Inc. offers a wide range of wheat bran products under the brand names of Nutrena and Cargill.
Archer Daniels Midland Company is another leading player in the wheat bran market. The company offers wheat bran products under the brand name of ADM. Archer Daniels Midland Company has a strong presence in North America, Europe, and Asia-Pacific.
Bunge Limited is a leading player in the wheat bran market. The company has a strong presence in North America, South America, Europe, Asia-Pacific, and Africa. Bunge Limited offers wheat bran products under the brand names of Bunge, Bunge Proteins, and Bunge Milling.
Ingredion Incorporated is a leading player in the wheat bran market. The company has a strong presence in North America, South America, Europe, and Asia-Pacific. Ingredion Incorporated offers wheat bran products under the brand names of Ingredion, National Starch, and Corn Products International.
7. Company Profiles
There are many different types of wheat bran on the market. Here are seven companies that produce wheat bran and their products.
1. ADM Milling Company
ADM Milling Company produces several kinds of wheat bran. Their products include All-Purpose Flour, Unbleached Flour, Whole Wheat Flour, and Bread Flour. All of their products are made with wheat bran.
2. Bob’s Red Mill
Bob’s Red Mill produces a variety of wheat bran products. Their products include All-Purpose Flour, Unbleached Flour, Whole Wheat Flour, and Bread Flour. All of their products are made with wheat bran.
3. General Mills
General Mills produces several kinds of wheat bran. Their products include All-Purpose Flour, Unbleached Flour, Whole Wheat Flour, and Bread Flour. All of their products are made with wheat bran.
4. King Arthur Flour
King Arthur Flour produces a variety of wheat bran products. Their products include All-Purpose Flour, Unbleached Flour, Whole Wheat Flour, and Bread Flour. All of their products are made with wheat bran.
5. Pillsbury
Pillsbury produces several kinds of wheat bran. Their products include All-Purpose Flour, Unbleached Flour, Whole Wheat Flour, and Bread Flour. All of their products are made with wheat bran.
6. White Lily
White Lily produces a variety of wheat bran products. Their products include All-Purpose Flour, Unbleached Flour, Whole Wheat Flour, and Bread Flour. All of their products are made with wheat bran.
7. Gold Medal Flour
Gold Medal Flour produces a variety of wheat bran products. Their products include All-Purpose Flour, Unbleached Flour, Whole Wheat Flour, and Bread Flour. All of their products are made with wheat bran.
8. Conclusion
The global wheat bran market is forecast to grow at a CAGR of around 4% during the period 2019-2024. Wheat bran is a by-product of wheat milling process and is rich in fiber content. It is used as an ingredient in animal feed and as a substrate for mushroom cultivation. Wheat bran is also used in the manufacturing of wheat flour and breakfast cereals. The growing demand for wheat bran in the animal feed industry is a key factor driving the growth of the wheat bran market.
The Asia-Pacific region is the largest market for wheat bran and is expected to grow at a CAGR of around 5% during the forecast period. The growing demand for livestock and poultry products in the region is driving the demand for wheat bran in the animal feed industry. The North American region is the second-largest market for wheat bran and is projected to grow at a CAGR of around 3% during the forecast period.
Some of the key players operating in the wheat bran market are Cargill, Inc., Archer Daniels Midland Company, Bühler AG, Bunge Limited, and CHS Inc.
LIST OF KEY COMPANIES PROFILED:
- GoodMills Group GmbH (Vienna, Austria)
- Ardent Mills (Colorado, U.S.)
- Star of West Milling Co. (Michigan, U.S.)
- Nisshin Seifun Group Inc. (Tokyo, Japan)
- Harinera Vilafranquina S.A. (Barcelona, Spain)
- Karim Karobar Company (Pvt) Ltd. (Karachi, Pakistan)
- Hindustan Animal Feeds (Gujrat, India)
- Arti Roller Flour Industries Ltd. (Punjab, India)
- Vaighai Group of Companies (Tamil Nadu, India)
- Siemer Milling Co. (Indiana, U.S.)
Report Scope & Segmentation:
| ATTRIBUTE
| DETAILS
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| Study Period
| 2017-2028
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| Base Year
| 2020
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| Estimated Year
| 2021
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| Forecast Period
| 2021-2028
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| Historical Period
| 2017-2019
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| Unit
| Value (USD Billion) Volume (Thousand MT) |
| By Type
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| By Application
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| By Geography
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