The "Wheat Bran Market - Growth , Trends and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
The Global Wheat Bran Market is projected to grow at a CAGR of 4.5% during the forecast period (2020-2025).
Key Market Trends
Various Health Benefits are Attracting Customers
The health benefits of wheat bran is a vital reason for the growth of the market in recent times. Nutritional effects, mechanical effects in the gastrointestinal tract due to its fiber content and antioxidant effects arising from its phytochemical constituents are attracting customers to buy wheat bran products. Wheat bran has higher antioxidant activity than other milled fractions and contains various components such as phytic acid, polyphenols, vitamins, and minerals.
These components of wheat bran possess health benefits for humans, including preventative effects against cancer and type two diabetes. It has zero saturated fat and zero cholesterol, thus being suitable food for people with certain medical conditions and diet restrictions. Thus, this drive for healthy food is likely to aid the growth of the wheat bran market in the forecast period.
Asia Pacific is the Fastest Growing Market
The rising demand for animal feed options in the Asia-Pacific region especially in India, Malaysia, Thailand, etc., is making the market of wheat bran animal feed grow steadily in the region. Wheat bran is suitable for all livestock feeding and very palatable to most classes of animals as well. In Asia Pacific countries, consumption is also more as people from this region suffer from more cardiovascular diseases as compared to the rest of the world.
The study says, cardiovascular disease (CVD) is the leading cause of death in the world and half of the cases of CVD are estimated to occur in Asia. Hence, the demand for wheat bran in the Asia Pacific region is growing in all application sectors and is likely to follow the same trend during the forecast period.
The global wheat bran market is concentrated in the Asia-Pacific and North America region and is moderately fragmented among small regional and few international players. Leading companies focused on acquiring small manufacturing for expansion of the business in local as well as foreign markets. Some of the players have been expanding their geographical presence by acquiring or merging with the manufacturers in the foreign market.
Few major players are Star of the West Milling Co., Hindustan Animal Feeds, Astra Alliance, Wilmar International Ltd, and Siemer Milling Company. The leading companies focused on the expansion of the business across regions are setting up a new plant for increasing production capacity as well as an elaborate product line.
Key Topics Covered:
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.4 Market Restraints
4.5 Porter's Five Forces Analysis
5 MARKET SEGMENTATION
5.1 Product Type
5.1.1 Animal Feed Grade
5.1.2 Medical Use Grade
5.2.1 Food Products
5.2.2 Animal Feed
6 COMPETITIVE LANDSCAPE
6.1 Most Adopted Competitor Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Star of the West Milling Co.
6.3.2 Hindustan Animal Feeds
6.3.3 Astra Alliance
6.3.5 Wilmar International Ltd
6.3.7 Vaighai Agro Products Limited
6.3.8 Siemer Milling Company
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
8 IMPACT of COVID-19
For more information about this report visit https://www.researchandmarkets.com/r/1d1ej8
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