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The market players are focusing on expanding their presence in both existing and emerging markets through strategic partnerships and acquisitions to gain a competitive edge in the barley market
Soufflet Group, founded in 1900 and headquartered in Lyon, France, operates in the barley, wheat, rice, and pulses sectors. Additionally, they offer advisory services and supplies to vine growers and winemakers.
Malteurop Groupe, established in 1961 and based in Reims, France, specializes in the production of malt.
GrainCorp Limited, founded in 1917 in Sydney, Australia, focuses on the storage of grain and related commodities, as well as logistics and marketing within these sectors.
Cargill, Incorporated, originating in 1865 in Minnesota, United States, operates across various sectors, including trading, purchasing, and distributing grain and other agricultural commodities.
Players such as Boortmalt Group in the barley market are engaging in various strategies to meet the evolving demands and challenges. These strategies include investing in research and development to introduce new and improved barley varieties with enhanced yield, disease resistance, and climate adaptability.
Barley Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market attained a volume of approximately 1,80,139.69 thousand metric tonnes.
The market is projected to grow at a CAGR of 6.30% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about a volume of around 3,12,182.67 thousand metric tons by 2032.
The major drivers of the market are rising disposable incomes, increasing population, and growing barley demand in many countries.
The key trends guiding the growth of the market include the increase in consumption of soy and corn in feed and biofuel industries and rapidly growing beer industry.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Food, seed, industrial and feed are the leading applications of barley in the market.
The major players in the market are Soufflet Group, Malteurop Groupe, GrainCorp Limited, Boortmalt Group, and Cargill, Incorporated, among others.
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