Barley Market Sector Advancing with Progressive Trends and Attractive Opportunities by 2032 | Briess Malt & Ingredients, Cargill Incorporated, Crisp Malting

Barley Market size was valued at USD 22,491.36 million in 2023. The barley industry is projected to grow to USD 28,491.24 million by 2032, exhibiting a compound annual growth rate (CAGR) of 2.66% during the forecast period (2024 - 2032).

Market Definition:

The grass family includes barley (Hordeum vulgare), a grain plant that is commonly grown. It is a common cereal grain that is grown in temperate regions all over the world. It has traditionally been eaten as a whole grain and used as fodder for dairy and grazing livestock. In the brewing business, it is the grain that is most frequently used as a raw ingredient to make beer-type beverages.

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Growth Drivers and Opportunities:

The demand for meat and other animal products, such as milk and eggs, is increasing, as is the demand for animal feed, particularly barley. The growing need for animal feed is pushing the barley market.
The growing global barley production is propelling the barley industry forward due to rising demand for food products, rising popularity of beer and other alcoholic beverages, rising demand for animal feed, rising use of barley in the biofuel industry, and rising adoption of sustainable agricultural practices.

Key Players:

Because there are so many companies in the industry, it is expected to be both competitive and fragmented. Here is the list of the leading companies operating in the barley industry:

Briess Malt & Ingredients
Cargill Incorporated
Crisp Malting
EverGrain
Grain Millers
GrainCorp
IREKS
Malt Products
Malteurop
Maltexco
Muntons & The Soufflet.

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Geographical Landscape:

North America (U.S., Canada)
Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

Segmentation Overview:

The barley market is mainly segmented based on type, grade, distribution channel, industry vertical, and region. Based on the type analysis, throughout the analysis, a faster growth rate is anticipated for the covered barley category. Because of its high fiber content and low glycemic index, this kind of barley is regarded as a nutritious diet. It is, therefore, a popular option for health-conscious people.

Furthermore, as per the grade research, the malt grade sector held a greater market share in 2022. This segment is essential for the manufacturing of several food and beverage items, including whiskey, beer, malted milk, and malted breakfast cereals. Malt-grade barley is in greater demand as these products become more popular.

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Barley Market Report Highlights

Covered segment is anticipated to witness faster growth in the study period owing to growing demand for plant-based products.
Malt Grade segment accounted for the higher growth rate owing to the increasing demand from the brewing and distilling industry.
Supermarkets and Hypermarkets segment is projected to experience a significant growth rate due to the increasing availability of barley-based products.
Food and Beverages segment is expected to witness a higher growth rate in the study period owing to growing demand for healthy and natural food products.
Asia Pacific is expected to grow at a significant growth rate owing to the growing prevalence of diabetics and imports of barley seeds.

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