According to the report, the global barley market reached a consumption volume of 169.46 million metric tons in 2022. Aided by the increasing demand for healthier food products and the growing applications of barley in various industries, the consumption volume of the market is projected to further grow at a CAGR of 6.30% between 2023 and 2028 to reach a volume of 244.5 million metric tons by 2028.
Barley, a versatile and ancient grain, has been used for thousands of years due to its high nutrient content. It plays a critical role in maintaining health, being rich in dietary fibre, vitamins, and minerals. Apart from its nutritional properties, barley is also an important raw material in the production of malt, which is a key ingredient in the brewing sector.
The increasing consumer preference for health-centric food products is a significant driving force in the global barley market growth. With the growing awareness of the health benefits associated with the consumption of whole grains, there has been a marked shift towards incorporating more of these into diets. Barley, in particular, is known to reduce the risk of chronic diseases such as diabetes and heart diseases due to its high fibre content.
Additionally, the increasing interest in ancient grains among health-conscious consumers has further contributed to the popularity of barley. It is perceived as a more natural and nutritious alternative to modern, refined grains.
Barley’s applications extend far beyond the kitchen, which is one of the crucial factors bolstering the barley market demand. In the beverage sector, malted barley remains a primary ingredient in beer production. The malt sector heavily depends on barley, and as craft beers and artisanal brews continue to rise in popularity, so does the demand for high-quality barley.
Moreover, barley is making significant inroads into the cosmetics and skincare sector. Its antioxidant and anti-inflammatory properties are valued for potential skin benefits, leading to its increasing inclusion in various skincare products.
Europe currently accounts for a significant portion of the global barley market share, given its traditional role as a staple food and its continued use in brewing. However, Asia-Pacific is fast emerging as a significant market due to changing dietary habits and increasing health awareness among the growing middle class.
These high-quality, data-driven analysis provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
The analyst always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Barley, a versatile and ancient grain, has been used for thousands of years due to its high nutrient content. It plays a critical role in maintaining health, being rich in dietary fibre, vitamins, and minerals. Apart from its nutritional properties, barley is also an important raw material in the production of malt, which is a key ingredient in the brewing sector.
The increasing consumer preference for health-centric food products is a significant driving force in the global barley market growth. With the growing awareness of the health benefits associated with the consumption of whole grains, there has been a marked shift towards incorporating more of these into diets. Barley, in particular, is known to reduce the risk of chronic diseases such as diabetes and heart diseases due to its high fibre content.
Additionally, the increasing interest in ancient grains among health-conscious consumers has further contributed to the popularity of barley. It is perceived as a more natural and nutritious alternative to modern, refined grains.
Barley’s applications extend far beyond the kitchen, which is one of the crucial factors bolstering the barley market demand. In the beverage sector, malted barley remains a primary ingredient in beer production. The malt sector heavily depends on barley, and as craft beers and artisanal brews continue to rise in popularity, so does the demand for high-quality barley.
Moreover, barley is making significant inroads into the cosmetics and skincare sector. Its antioxidant and anti-inflammatory properties are valued for potential skin benefits, leading to its increasing inclusion in various skincare products.
Europe currently accounts for a significant portion of the global barley market share, given its traditional role as a staple food and its continued use in brewing. However, Asia-Pacific is fast emerging as a significant market due to changing dietary habits and increasing health awareness among the growing middle class.
Market Segmentation
The market can be divided based on application and region.Market Breakup by Application
- Food, Seed, Industrial
- Feed
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global barley market.Some of the major players explored in the report are as follows:
- Soufflet Group
- Malteurop Groupe
- GrainCorp Limited
- Boortmalt Group
- Cargill, Incorporated
- Others
About the Analyst
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.These high-quality, data-driven analysis provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
The analyst always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope4 Key Assumptions7 Opportunities and Challenges in the Market15 Value Chain Analysis
3 Report Description
5 Executive Summary
6 Snapshot
8 Global Barley Market Analysis
9 North America Barley Market Analysis
10 Europe Barley Market Analysis
11 Asia Pacific Barley Market Analysis
12 Latin America Barley Market Analysis
13 Middle East and Africa Barley Market Analysis
14 Market Dynamics
16 Trade Data Analysis (HS Code - 1003)
17 Price Analysis
18 Competitive Landscape
19 Key Trends and Developments in the Market
1 Manufacturing Process
2 Project Requirement and Cost Analysis
List of Key Figures and Tables
Companies Mentioned
- Soufflet Group
- Malteurop Groupe
- GrainCorp Limited
- Boortmalt Group
- Cargill Incorporated
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 170 |
| Published | October 2023 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value in 2023 | 180.14 MMT |
| Forecasted Market Value by 2028 | 244.5 MMT |
| Compound Annual Growth Rate | 6.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 5 |
