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Sustainable Agriculture & Nutrition Boost Maize Bran Industry to 12.22 Mn Tons by 2030

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The global Maize Bran Industry is experiencing steady growth, driven by increasing awareness of its nutritional benefits and expanding applications across various industries.

Market Size and Growth

  • Market Volume (2023): Approximately 9.47 million tons

  • Projected Volume (2030): Expected to reach 12.22 million tons

  • CAGR (2023-2030): Estimated at 3.7%

  • Market Value (2023): Approximately USD 1.66 billion

  • Projected Value (2032): Expected to reach USD 2.3 billion

  • CAGR (2023-2032): Estimated at 3.7%

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Key Market Drivers

  1. Nutritional and Health Benefits

    • Maize bran is rich in dietary fiber, proteins, vitamins (especially B-complex), and minerals like iron and zinc. Regular consumption supports digestive health and may reduce the risk of chronic diseases.
  2. Demand in Animal Feed

    • Maize bran is a valuable component in animal feed due to its high fiber and nutrient content, promoting better livestock health and productivity.
  3. Biofuel Industry Utilization

    • The biofuel sector utilizes maize bran in ethanol production, contributing to renewable energy initiatives and providing an alternative revenue stream for maize processors.

Get to Know More About This Market Study: https://www.maximizemarketresearch.com/market-report/maize-bran-market/187473/ 

Market Segmentation

  • By Type:

    • Non-GMO
    • GMO
  • By Application:

    • Animal Feed
    • Human Food
    • Edible Oil Industry
    • Biofuel Industry

Regional Insights

  • North America: High demand due to advanced animal husbandry practices and growing health-conscious consumer base.
  • Asia-Pacific: Rapid market growth attributed to increasing population, rising disposable incomes, and expanding food processing industries.
  • Europe: Steady growth driven by the emphasis on healthy eating habits and sustainable agricultural practices.

Key Players

  • Cargill, Incorporated
  • AGRICOR
  • SEMO Milling, LLC
  • DIDION Inc.

These companies are focusing on product innovation, strategic partnerships, and expanding their production capacities to meet the growing demand.

Future Trends

  • Product Development: Introduction of maize bran-based health supplements and functional foods to cater to health-conscious consumers.
  • Sustainable Practices: Increased focus on sustainable sourcing and processing methods to appeal to environmentally conscious markets.
  • Technological Advancements: Adoption of advanced processing technologies to enhance the nutritional profile and shelf life of maize bran products.

The maize bran market is poised for continued growth, supported by its versatile applications and the global shift towards healthier and sustainable food and feed options.

About Maximize Market Research

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
 
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