Bran-Based Products Thrive as Consumers Seek Fiber-Rich and Vegan Diet Options: Market on Track for Remarkable CAGR of 8.0% – ResearchAndMarkets.com

The global bran market is experiencing significant growth, with an expected value of USD 122.9 billion by 2030 and a remarkable Compound Annual Growth Rate (CAGR) of 8.0%. Consumers are increasingly seeking fiber-rich and vegan diet options, leading to the rise in popularity of bran-based products. Factors such as the demand for high-fiber diets to improve gut health, the global trend of veganism, and the growing awareness of the health benefits of dietary fiber are driving the market expansion.

However, the market may face challenges in the form of the increasing demand for gluten-free products, which could hinder growth. Gluten-free alternatives to bran-containing products are becoming more readily available, catering to the evolving dietary preferences of modern consumers. Despite this challenge, the market for bran-based products is expected to continue to thrive as consumers prioritize health and wellness in their dietary choices.