Corn bran is made from the tough outer layer of whole kernel corn. It is an excellent source of dietary fiber and is low in fat. It is rich in dietary fiber and essential fatty acids and contains significant quantities of starch, protein, vitamins, and dietary minerals. Corn bran is often used to enrich bread and breakfast cereals. Corn bran is the best alternative to other types of bran as it is cost-efficient. Corn bran can be used to increase dietary fiber in mixes, bread, cereals, snack foods, dietary foods, and geriatric foods. Nowadays, people are looking for nutritious food products that are tasty as well. Corn bran presents considerable nutritional value with constituents such as essential amino acids, protective phytochemicals, minerals, lipids, phenolic acids, and dietary fibers. Thus, corn bran has been receiving great attention from specialists of food science due to its feasible incorporation into various food products. Among the nutritional compounds present in corn bran, dietary fibers can be highlighted since the demand for healthy, tasty, and high-fiber food products is increasing. The deficiency in fiber intake is associated with the development of several diseases of the intestine, as well as colon cancer, constipation, etc. These factors are making corn bran products very popular in the market.
Increasing Demand for Fibrous Food Propelling the Corn Bran Market
Eating more fiber delivers a lot of health benefits. The increasing consumption of unhealthy food with high cholesterol leads to an increase in the obesity problem in population. Studies show that consuming 30grms of fiber daily can help in reduce a significant amount of weight. Fiber binds with fat and sugar molecules as they pass through the digestive tract, which helps to reduce the number of calories. It also lowers the risk of diabetes, heart disease, and some types of cancer. As corn bran is rich in fiber and can be used as an additive to food products, the demand for corn bran is increasing. China and the United States are top exporters of corn-based products. Corn bran has high demand in countries like South Korea, Indonesia, the Philippines, Malaysia, and Europe. In U.S., corn is the number one crop in terms of acreage and overall value (USDA). According to the USDA Foreign Agricultural Service Export Sales Reporting data, the demand for corn-based products in East Asia (Japan, South Korea, and Taiwan) is increasing. The main reason behind this increasing demand is competitiveness among the suppliers of corn bran.
Global Corn Bran Market: Segmentation
On the basis of nature, the global corn bran market has been segmented as – Organic Conventional
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On the basis of end user, the corn bran market has been segmented as – Processing Industry Retail/household Industry
On the basis of distribution channel, the corn bran market has been segmented as- Business to Business Business to Customer Hypermarkets/Supermarkets Food & Drinks Specialty Stores Convenience Stores Online Retail Others
Global Corn Bran Market: Key Players-
Cargill Incorporated, Didion Inc., Honeyville, Sunflakes Food Products Pvt. Ltd., GRAIN MILLERS., Grain Processing Corporation, Archer-Daniels-Midland Company, Minnesota Corn Processors LLC., Cerestar USA Incorporated, Tereos Syral S.A.S, Roquette Frères S.A., Tate & Lyle Associated British Foods plc, Ingredion Incorporated, Vijayawada Chemicals, and AGRANA – Beteiligungs AG.
Opportunities for Participants in the Corn Bran Market
Corn bran has many health benefits. When corn bran is added to the food, fiber content of that food product increases, which leads to the lowering of cholesterol level of the blood. As the number of diabetic patients is more in America and APAC, corn bran manufactures have a good opportunity in these regions. In home cooking, corn bran is used to increase the fiber content of various food items, and also to add texture. Importance of a home-cooked diet is increasing in Western Countries. Adding corn bran to cooked food makes it more fibrous and easy to digest. This is the main reason why the corn bran market is expected to experience rapid growth in the Western market in the forecasted period. Bran can be processed and independently sold as well. It could also be used in chips, cereals and snack bars. Adding corn bran to food makes it more fibrous so there is a scope for corn bran products in countries where people are more health conscious.
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Brief Approach to Research
Our analysis will follow a modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the applications, types, forms, and end uses of the product segments covered in the study are followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall market size.
Key Data Points Covered In the Report
Some of the key data points covered in our report include:
The report covers exhaustive analysis on: Market Segments Market Dynamics Market Size Supply & Demand Current Trends/Issues/Challenges Competition & Companies Involved Technology Value Chain Market Drivers and Restraints
Regional analysis includes: North America (U.S., Canada) Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM) Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Russia, Poland, and Rest of Europe) East Asia (Japan, South Korea, and China) South Asia (India, Indonesia, Malaysia, Philippines, Thailand, Rest of South Asia) Oceania (Australia, and New Zealand) Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)
Report Highlights: Detailed overview of parent market Changing market dynamics in the industry In-depth market segmentation Historical, current and projected market size in terms of volume and value Recent industry trends and developments Competitive landscape Strategies of key players and products offered Potential and niche segments, geographical regions exhibiting promising growth A neutral perspective on market performance Must-have information for market players to sustain and enhance their market footprint
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