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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Barley Market Growth
Barley is a grain of cereal that can be used for making bread, beverages, stews, and other food products and being a whole grain, it provides a wide range of nutrients like fibre, vitamins, and other minerals. Barley comes in several forms, including hulled, pearled, and flaked, each differing in the degree of processing and nutritional content.
The expanding awareness about the health benefits of barley leading to its rising consumption among the health-conscious population is one of the major driving factors of barley market growth. Barley is a rich source of dietary fibre and has many beneficial nutrients, which play a critical role in improving digestion, promoting weight loss, lowering cholesterol levels, and supporting a healthier heart. It also has a mild nutty flavour and chewy texture, thereby increasing its use in the preparation of various dishes. The global market is further being driven by the growing demand from Middle Eastern countries such as Saudi Arabia, Jordan, and Kuwait where barley is widely being used for feed purposes.
Barley Market Report Snapshots
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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Key Questions Answered in the Report
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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