Global wheat bran/offal market expected to reach $33.59 billion by 2031 due to increasing demand
From GlobeNewswire: 2025-02-12 09:42:00
According to a report by The Insight Partners, the global wheat bran/offal market is growing due to its diverse applications, reaching $33.59 billion by 2031 with a 4.3% CAGR. Wheat bran is rich in fiber, protein, and minerals, making it popular in animal feed and health-conscious consumer products.
The demand for wheat bran in animal feed is rising, improving nutritional value and supporting livestock health. As global meat, dairy, and poultry production increases, the need for high-quality feed ingredients such as wheat bran is surging.
Consumers are increasingly aware of the health benefits of wheat bran, which aids in digestive health, blood sugar control, cholesterol reduction, and weight management. This has led to a higher demand for wheat bran in food and beverage products worldwide.
In 2023, Asia Pacific led the wheat bran/offal market, followed by North America and Europe. Asia Pacific is expected to show the highest growth during the forecast period, driven by demand from the animal feed and food industries.
The wheat bran/offal market is segmented by form, category, and application, with flour/meal being the largest segment in 2023. Key players in the market include Grain Millers, Inc., Ardent Mills, and Bunge Global SA, among others, focusing on prebiotic functional food trends.
The report from The Insight Partners highlights the increasing demand for wheat bran/offal in animal feed, pet food, and health-conscious products. With innovations in wheat bran-derived ingredients, the market is evolving to meet the needs of a health-focused consumer base. Asia Pacific dominates the market, driven by established industries in the region.
Read more at GlobeNewswire: Wheat Bran/Offal Market Size to Reach a Worth US$ 33.59
