The global Maize Bran market is on the cusp of a substantial surge, catapulting from a valuation of USD 1646.3 million in 2022 to an anticipated value of USD 2100.4 million by 2029. This growth is underpinned by a robust CAGR of 3.5% during the review period. The report provides a meticulous evaluation of market sizes, factoring in the influence of critical global events such as the COVID-19 pandemic and the Russia-Ukraine War.
Unveiling the Potential of Maize Bran
Maize Bran, an often-overlooked byproduct of maize milling, is emerging as a versatile commodity, finding applications across various industries. It is a rich source of dietary fiber and essential nutrients, making it a valuable ingredient in animal and human food processing. Maize Bran’s widespread use in the edible oil and biofuel industries is indicative of its expanding footprint in the market.
Market Segmentation and Report Scope
The market segmentation is defined by the type of Maize Bran, with categories including Non-GMO and GMO. Furthermore, applications span across Animal Food, Human Food, Edible Oil Industry, and the Biofuel Industry. This comprehensive analysis aims to assist businesses in targeting niche markets, ensuring precise calculations and forecasts for consumption value by Type and Application in terms of volume and value.
Pioneering Companies at the Helm
The report profiles key players in the global Maize Bran market, offering a comprehensive view based on parameters including company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Leading companies such as Cargill Incorporated, Grain Processing Corporation, Didion, Inc., Sunflakes Food Products Pvt. Ltd., and Grain Millers, Inc. are pivotal in shaping the industry.
COVID-19 and Russia-Ukraine War Influence
This report provides critical insights into how the Maize Bran market responded to transformative global events, including the COVID-19 pandemic and the Russia-Ukraine War. It offers a comprehensive understanding of the market’s resilience and adaptability.
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