In an increasingly resource-constrained era, the utilization approach of waste and by-products from grain processing, is attractive widely, considering both nutritive value and economic aspects and move towards more sustainable food systems. Following the fundamentals of a circular economy, the need of the hour lies in its effective utilization as a grain waste and by-products conversion into value-added products in food industry. The aim of this study is twofold: 1. Understanding the progress of grain waste and by-products to valorization in human nutrition, using bibliometrics; different literature databases namely Google Scholar, Web of Science and Elsevier Scopus have been evaluated for their merits and values; 2. Exploration of knowledge-based strategies, by reviewing the literature concerning the possible use of grain waste and by-products for food processing industry, reducing burden on virgin raw materials. The review allowed to unlock the latest-advances of upcycling side streams and waste from grain processing industry.