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Barley Market Size 2024 to 2031.

04-07-2024 05:36 AM CET | Associations & Organizations

Press release from: Report Prime

Market Overview and Report Coverage

Barley is a versatile cereal grain that is used for various purposes including brewing beer, animal feed, and food production. The barley market is expected to grow at a CAGR of 5.90% during the forecasted period due to increasing demand for barley-based products, particularly in the food and beverage industry.
One of the key factors driving the growth of the barley market is the rising consumption of craft beer and malt-based beverages. Barley is a key ingredient in beer production, and the growing popularity of craft breweries is expected to drive the demand for barley in the coming years.
Additionally, the increasing popularity of healthy eating habits and the rising awareness of the nutritional benefits of barley are expected to boost the demand for barley-based food products. Barley is a good source of dietary fiber, vitamins, and minerals, making it a popular choice among health-conscious consumers.
Furthermore, the animal feed industry is another major driver of the barley market, as barley is widely used as a feed ingredient for livestock. The increasing demand for meat and dairy products is expected to fuel the growth of the barley market in the future.
Overall, the outlook for the barley market is positive, with steady growth expected in the coming years driven by increasing demand from the food and beverage industry, as well as the animal feed sector.

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Market Segmentation
The Barley Market Analysis by types is segmented into:
• Quick Pearl Barley
• Pearl Barley
• Barley Flour
• Barley Flakes
• Barley Grits
• Hulless Barley
• Hulled Barley

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Barley is a versatile crop that comes in various market types to cater to different consumer needs. Quick Pearl Barley is processed for quicker cooking, while Pearl Barley is the most common form. Barley Flour is a gluten-free alternative for baking, while Barley Flakes are popular in breakfast cereals. Barley Grits are used in porridges and soups, and Hulless Barley has a softer texture without the tough inedible hull. Hulled Barley is minimally processed for a more nutritious option in the market.

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The Barley Market Industry Research by Application is segmented into:
• Animal Feed Industry
• Food and Beverages Industry

Barley Market Application in the animal feed industry involves the utilization of barley as a key ingredient in livestock diets, providing essential nutrients for growth and health. In the food and beverages industry, barley is used in the production of various products such as malt beverages, bread, and cereal-based foods. Its versatility and nutritional benefits make it a popular choice for manufacturers in both industries, driving demand for barley in the market.

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In terms of Region, the Barley Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global Barley market?
The global barley market is experiencing several emerging trends. One trend is the increasing consumption of barley due to its health benefits and versatility in brewing, food products, and animal feed. Another trend is the rising demand for organic and non-GMO barley as consumers become more conscious of the products they consume. Additionally, climate change is impacting barley production, leading to a focus on developing more resilient barley varieties. Lastly, technological advancements in agriculture, such as precision farming and digital tools, are improving barley cultivation practices and boosting yields. Overall, these trends are shaping the future of the global barley market.

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Major Market Players
Cargill is a leading player in the barley market, with a strong presence in the food and agricultural industries. The company was founded in 1865 and has since grown to become one of the largest privately held corporations in the United States. Cargill's barley division provides a range of products and services including farming, processing, and distribution. The company has seen steady market growth in recent years, driven by increasing demand for barley-based products and a focus on sustainable agriculture practices. In 2020, Cargill reported sales revenue of $114.6 billion.
GrainCorp is another key player in the barley market, with operations in Australia and other international markets. The company was founded in 1916 and has since become a leading agribusiness with a focus on grain storage, handling, and marketing. GrainCorp has been actively expanding its presence in the barley market through acquisitions and partnerships. The company has seen strong market growth in recent years, driven by favorable market conditions and increased demand for barley products. In 2020, GrainCorp reported sales revenue of $2.7 billion.
Groupe Soufflet is a major player in the European barley market, with a focus on malting and processing. The company was founded in 1901 and has since become a leading supplier of malted barley and other related products. Groupe Soufflet has a strong market presence in France, Germany, and other European countries. The company has seen steady market growth in recent years, driven by growing demand for malt products in the food and beverage industry. In 2020, Groupe Soufflet reported sales revenue of $2.3 billion.

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Email: sales@reportprime.com

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