Global Barley Market was Valued at US$ 32.40 Billion in 2023 and is Projected to Hit US$ 49.54 Billion by 2032 at a CAGR of 4.96% during the Forecast Period 2024-2032 | Astute Analytica

The global 𝐛𝐚𝐫𝐥𝐞𝐲 𝐦𝐚𝐫𝐤𝐞𝐭 is experiencing a steady growth trajectory, driven by increasing demand across various sectors such as food and beverages, animal feed, and brewing industries. According to market research, the global barley market was valued at 𝐔𝐒$ 𝟑𝟐.𝟒𝟎 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟑 and is anticipated to reach a market valuation of US$ 49.54 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.96% during the forecast period from 2024 to 2032.

𝐓𝐡𝐞 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞- https://www.astuteanalytica.com/request-sample/barley-market

Barley, a versatile grain, is utilized extensively for its nutritional benefits and is a staple in the production of beer, whiskey, and health foods. The rising popularity of plant-based diets and the growing use of barley in functional foods and dietary supplements have further fueled its market demand.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬

𝐃𝐫𝐢𝐯𝐞𝐫: 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐝 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐁𝐚𝐫𝐥𝐞𝐲 𝐢𝐧 𝐭𝐡𝐞 𝐁𝐫𝐞𝐰𝐢𝐧𝐠 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐫𝐢𝐯𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡

Barley is one of the primary beneficiaries of the growth in the brewing industry, and malt barley demand is projected to touch new levels in 2023. Beer production globally continues to increase notably with the total production amounting to an estimated 1.96 billion hectoliters in 2023. This increase in the barley market is primarily due to an increase in the preference of consumers for craft beers and the many micro-breweries, which have grown to more than 35,000 worldwide. China is the highest beer consumer in the world and was noted to have imported nearly 6 million metric tons of barley for its brewing sector in 2023. Barley is also grown in the European Union, and in the same year, the EU distributed around 60 million metric tons of barley for the purpose of malt production and targeting the Mediterranean, Africa, and America. Over 2.5 million acres of land were given over to barley crop farming in the United States in the year 2023 with the majority of land given for the brewing industry. Australia was able to ship out 9 million metric tons of barley in 2023. In 2023, The global malt market stood at US$ 24 billion and barley malt made about a three-quarters share owing to its superior qualities in beer making outfits.

Due to the strategic weakness in the supply of barley market, the majority of the brewing companies acquired barley supplies worth $1.2 billion in addition to external contracts and partnerships with barley farmers in 2023. Consequently, malting barley prices reached $210 per metric ton in 2023 with strong market forces in play. Another barley growing giant Canada allocated more than 3 million hectares to barley in 2023 corroborating its significance to the brewing industry. There was also deliberate effort to develop new barley variety as a total of 15 new high yielding disease resistant barley stalks for brewing use were released in the year 2023. The value of the non-alcoholic malt beverage market reached a market size of 5 billion dollars in 2023, thus increasing the need for malt barley. All these developments suggest the reason why the barley market continues to expand is due to the needs posed by the brewing industry, thus maintenance of production and optimization of the supply chain remains imperative.

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐛𝐚𝐫𝐥𝐞𝐲 𝐦𝐚𝐫𝐤𝐞𝐭 𝐭𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭𝐬, 𝐩𝐥𝐞𝐚𝐬𝐞 𝐯𝐢𝐬𝐢𝐭:- https://www.astuteanalytica.com/industry-report/barley-market

𝐓𝐨𝐩 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐆𝐥𝐨𝐛𝐚𝐥 𝐁𝐚𝐫𝐥𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭

• Archer-Daniels-Midland Company
• Boortmalt Group
• Cargill Inc.
• Ever Grain LLC
• Grain Corp Ltd.
• Grain Millers Inc.
• IREKS GmbH
• Malt Products Corp.
• Matlexco SA
• Muntons PLC
• Soufflet Group
• Other Prominent Players

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

𝐁𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞

• Whole Grain/Hulled
• Non-Whole Grain
• Hull-Less
• Pot Barley
• Pearl Barley
• Barley Grits
• Barley Flakes
• Barley Flour
• Malted Barley
• Others

𝐁𝐲 𝐆𝐫𝐚𝐝𝐞

• Food Grade
• Feed Grade
• Malting Grade

𝐁𝐲 𝐍𝐚𝐭𝐮𝐫𝐞

• Organic
• Conventional

𝐁𝐲 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐓𝐲𝐩𝐞

• Bags
• Sacks
• Drums
• Others

𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧

• Alcoholic Beverage
• Non-Alcoholic Beverages
• Livestock Diet
• Breakfast Cereals
• Food Products
• Distilled Spirits
• Others

𝐁𝐲 𝐄𝐧𝐝 𝐔𝐬𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲

• Animal Feed
• Food and Beverage
• Brewing
• Distilling
• Nutraceuticals
• Personal Care
• Others

𝐁𝐲 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥

• Online
• Offline
• Hypermarket/Supermarket
• Retail Stores
• Others

𝐁𝐲 𝐑𝐞𝐠𝐢𝐨𝐧

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• U.K.
• Germany
• France
• Spain
• Italy
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe

• 𝐀𝐬𝐢𝐚 𝐏𝐚𝐜𝐢𝐟𝐢𝐜

• China
• India
• Japan
• Australia & New Zealand
• ASEAN
• Rest of Asia Pacific

• 𝐌𝐢𝐝𝐝𝐥𝐞 𝐄𝐚𝐬𝐭

• UAE
• Saudi Arabia
• Kuwait
• Qatar
• Oman
• Bahrain
• Rest of Middle East

• 𝐀𝐟𝐫𝐢𝐜𝐚

• Egypt
• Nigeria
• Kenya
• Rest of Africa

• 𝐒𝐨𝐮𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚

• Argentina
• Brazil
• Rest of South America

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐑𝐞𝐩𝐨𝐫𝐭@- https://www.astuteanalytica.com/request-sample/barley-market

𝐀𝐛𝐨𝐮𝐭 𝐀𝐬𝐭𝐮𝐭𝐞 𝐀𝐧𝐚𝐥𝐲𝐭𝐢𝐜𝐚:

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