Summary:

• The global barley market size reached USD 23.3 Billion in 2023.
• The market is expected to reach USD 31.8 Billion by 2032, exhibiting a growth rate (CAGR) of 3.49% during 2024-2032.
• Covered leads the market, accounting for the majority of the market share owing to its superior resistance to pests and diseases.
• Malt grade represents the largest segment due to its crucial role in producing high-quality beer and spirits.
• Supermarkets and hypermarkets represent the leading distribution channels spurred by their extensive product range and consumer accessibility.
• Food and beverages hold the largest share in the barley industry, driven by the rising demand for nutritious and whole grain products.
• Europe leads the market with its long-standing agricultural practices and robust brewing industry infrastructure.
• The growth of the barley market is significantly driven by the increasing adoption of sustainable agricultural practices and the rising demand for organic products.
• Additionally, technological advancements in barley farming, such as precision agriculture and genetically modified varieties, enhance yield efficiency and resilience against climate change, thereby attracting more farmers to barley production.  

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Industry Trends and Drivers:

• Increasing demand for animal feed:

Barley is one of the leading cereal grains used in animal feed. Its high fiber content, palatability, and balanced nutrient profile make it an attractive option for livestock, particularly for cattle and poultry. The expansion of the livestock sector, fueled by the growing global population and rising meat consumption, has significantly increased the demand for barley as a feed ingredient. Additionally, the shift towards more sustainable and efficient animal husbandry practices has led farmers to incorporate barley into feed formulations to improve animal growth rates and overall health.

• Rising popularity of malt in brewing and food industries:

Barley is a fundamental ingredient in the production of malt, which is essential for brewing beer and distilling spirits. The craft beer industry has experienced substantial growth in recent years, leading to an increased demand for malted barley. In addition to brewing, malt is also used in various food products, such as baked goods, cereals, and snacks, due to its flavor-enhancing properties. As consumers seek unique and high-quality beverages and food products, malt’s versatility and appeal continue to drive barley demand in these sectors.

• Growing focus on health and nutrition:

With an increasing awareness of health and wellness among consumers, there is a rising interest in whole grains, including barley, due to their numerous health benefits. Barley is recognized for its high dietary fiber content, particularly beta-glucan, which can help lower cholesterol levels and improve heart health. Moreover, barley is rich in essential vitamins and minerals, making it a valuable addition to a balanced diet. This health-conscious trend has spurred innovations in food products containing barley, such as functional foods and gluten-free alternatives, further enhancing its market appeal.

Barley Market Report Segmentation:

IMARCs report provides a deep dive into the barley market analysis, outlining the current trends, underlying market demand, and growth trajectories.

Breakup By Type: 

• Covered
• Two-Row Barley
• Six-Row Barley
• Hulless

Covered barley is favored for its higher nutritional value and better protection during storage and transportation, making it a preferred choice among consumers and producers.

Breakup By Grade:

• Food Grade
• Feed Grade
• Malt Grade

Malt grade barley is essential for brewing and distilling, driving its demand in the beverage industry, particularly as craft beer production continues to rise.

Breakup By Distribution Channel:

• Supermarkets and Hypermarkets
• Departmental Stores
• Specialty Stores
• Online Stores

Supermarkets and hypermarkets provide a wide variety of barley products and convenient access for consumers, making them the primary shopping destinations for purchasing barley.

Breakup By Industry Vertical:

• Food and Beverages
• Pharmaceuticals
• Seed Industry
• Personal Care
• Animal Feed
• Nutraceuticals
• Others

The food and beverages sector accounts for the majority of the market share because of the rising consumer preference for barley-based products, including health-focused options.

Breakup By Region:

• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
• Middle East and Africa ( Turkey, Saudi Arabia, Iran, United Arab Emirates, Others)

Europe's established agricultural practices, strong brewing traditions, and high consumption of health-oriented foods make it the leading region for barley production and consumption.

Top Barley Market Leaders:

The barley market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies.

Some of the key players in the market are:

• Briess Malt & Ingredients Co.
• Cargill Incorporated
• Crisp Malting Group
• EverGrain LLC (Anheuser-Busch InBev)
• Grain Millers Inc.
• GrainCorp Limited
• IREKS GmbH
• Malt Products Corporation
• Malteurop Groupe S.A. (VIVESCIA)
• Maltexco S.A
• Muntons PLC
• The Soufflet Group

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