Barley Market Forecast To 2022 - Scalar Market Research
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A member of grass family, barley is found in temperate climate zones and is one of the world's most used cereals. It is used to make beer and some distilled beverages and is considered as a healthy food. North America and Europe are the two biggest consumers of barley owing to high demand in the countries of these regions. Europe is the leading producer of barley in the world. However, with rapid urbanization and growing food needs of the population the Asia-Pacific is supposed to have a huge potential for the growth of barley market.
The report on the global Barley market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.
KEY PREMIUM INDUSTRY INSIGHTS:
The growing population in China, India, U.S.A, and Latin American countries means that the consumption of distilled beverages and beer too will increase in these countries which in turn will boost the barley market.
The key reasons driving the growth of the barley market includes increasing demand of barley malt for making alcoholic drinks, rise of new food technologies, growing awareness about the health benefits of barley, and the easy availability of these cereals.
Continuous innovation in the field of food technology is one of the key growth opportunity drivers for this market.
However, the growth of the barley market may be hindered due to the fact that there is a huge concern related to alcoholism in European countries and dramatic changes in climate where this crop is cultivated.
The research methodology for Scalar Market Research’s barley market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.
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