Barley Market Size Analysis
According to a recent survey conducted by ChemView Consulting, the Global Barley Market grew at a CAGR of 3.9% between 2017-2021 and is estimated to be US$ 17,365.4 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 3.7% and is expected to reach a valuation of US$ 24,973.1 Mn by 2032 end.
China, Saudi Arabia, Canada, and Turkey are the top four barley-consuming nations. Over the projection period, it is anticipated that a rise in the demand for barley as a raw material for alcoholic and non-alcoholic drinks will fuel market expansion.
The need for barley is expected to increase due to rising alcoholic beverage consumption, which encourages product creation to meet the expanding demand for breweries. This industry also benefits from the increasing demand for convenience food products, clean label trends, new food and beverage industry use, and a growing desire for natural ingredients.
Market Dynamic
RISING DEMAND FROM THE FEED SECTOR TO DRIVE THE MARKET GROWTH
The increased demand from Middle Eastern nations, where it is extensively utilized for feed reasons, is driving the global market for barley. The world barley market is being stimulated by the rising demand for barley in nations like Saudi Arabia, Jordan, and Kuwait.
The feed industry is the main application area for barley. The market is being supported by the rising need for feed in the region, particularly in the United States. European customers’ rising desire for goods boosts exports and total consumption. Large quantities of barley are imported into countries like Saudi Arabia only for feed. Barley consumption is increasing among health-conscious consumers due to growing knowledge about its health advantages.
NEW PRODUCT LAUNCHES TO DRIVE THE MARKET GROWTH
Vitamins, proteins, carbs, and fatty acids are abundant in barley. The food industry is encouraged to diversify by this high nutritious value. Barley is used in food as barley flour, barley flakes, and whole grain barley. Top marketers make these clean-label products available through various distribution methods, whether physical stores or online marketplaces. In addition, to brewing beer and creating alcoholic beverages, whole-grain barley is also utilized to develop natural sweeteners.
The main element driving the market growth is the expansion of barley, with successful results in most prospective market categories.
Market Segments Covered in Report
By Type:
- Pearl Barley
- Barley Flour
- Barley Flakes
- Barley Grits
- Barley Malt
- Whole Grain Barley
By Application:
- Alcoholic Beverages
- Non Alcoholic Beverages
- Food Industry
- Pharmaceuticals (Supplements)
- Animal Feed
- Personal Care Products
By Grade:
- Malt Grade
- Standard
- Specialty
- Food Grade
- Feed Grade
- Pharmaceutical Grade
- Cosmetic Grade
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
Segment-Wise Analysis
Which application is estimated to account for the largest market share?
The food industry is estimated to account for the largest market share.
Which grade is expected to expand the fastest during the forecast period?
The specialty grade is expected to expand the fastest during the forecast period.
Region-Wise Analysis
The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.
- Due to the significant consumption of beer and whiskey and the prevalence of high disposable income, Europe now holds the top spot in the global barley market, with a market share of 30.8%. The area serves as a hub for the entire barley market because it is home to all the key industry players. Furthermore, barley is increasingly used in developing nations’ food and beverage businesses.
- Canada is another significant barley consumer, using most of its supply for animal feed. Additionally, the need for industrial use is rising in the area, which accounts for 20% of the region’s barley consumption.
Competition Analysis
These actions have enabled market participants to increase their clientele and revenue. With the increasing demand for Barley in the worldwide industry, market players can anticipate attractive growth prospects in the future.
The key development in the Global Barley Market:
- In May 2016, BASF introduced the fungicide Sistiva for use on wheat and barley seeds in Argentina. Sistiva will give farmers more options for foliar application and provide about 45 days of post-emergent disease protection for crops.
- In April 2015, a cereal product called Paradigm Arylex, a potent herbicide was introduced by Dow Agrosciences. To prevent the growth of a range of broadleaf weeds, including deadnettle, Mexican poppy, fumitory, and other brassica weeds, this new product has been designed to be used in wheat, barley, triticale, and oats.
A list of some of the key suppliers present in the market are:
- Cargill Group
- Malteurop Group
- Crisp Malting Group
- Ireks Gmbh
- Muntons Plc.
- Maltexco S.A.
- Grain Millers Inc.
- Malt Products Corporation
- Soufflet Group
- Briess Malt & Ingredients Co.
- Grain crop Limited
- Global Malt Gmbh & Co. K
- EverGrain
Report Coverage and Highlights
- Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
- Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
- The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
- Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
- Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
- Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
- Strategic market analysis, recommendations, and future headways on crucial winning strategies.
| Research Scope |
Details |
| Forecast period |
2022-2032 |
| Historical data available for |
2017-2021 |
| Market analysis |
USD Million for Value and Tons for Volume, and CAGR from 2022 to 2032 |
| Key regions covered |
North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa |
| Key countries covered |
US, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Saudi Arabia, Turkey, UAE, South Africa, Nigeria, Egypt |
| Key segments covered |
By Type, Application, Grade, and Region |
| Customization scope |
Available upon Request |
| Pricing and purchase options |
Available upon Request |
- Report Includes
Market Size Data
- Global market size data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment and region
- Regional level market size data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment and country
- Country level market share data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment
- Market attractiveness analysis based on market share index and CAGR index for each of the segments and regions
- Incremental dollar opportunity generated in the forecast period would be indicated
- Key Takeaways, Recommendations, and key investment pockets for the relevant segments would be highlighted
Market Background
- Macroeconomic factors that impact the market developments
- Market dynamics (Drivers, Restraints, Opportunities) that positively or negatively influence market growth
- Supply Side and Demand Side trends – trends witnessed from buyers and suppliers side
- Production and Consumption Gap Analysis – analysis of gap between production and consumption in any geography to fulfil unmet demand
- Trade analysis and analysis of key supply and demand hubs
- Identification of hotbed opportunities existing in the market
- Porter’s and PEST analysis to understand the business environment of the geography
- Regulatory scenario – Identification of key sector specific and trade regulations, and assessment of whether it helps or hinder market development & growth
Pricing Analysis
- Regional-level product pricing analysis to set and benchmark your current or future product offerings across each product type
- Historical and projected pricing trends of the product which helps in determining the product’s price and/or services beneficial for companies product lifecycle
- Cost teardown analysis and key factors impacting pricing
Value Chain Analysis
- Country-wise list of raw material suppliers
- Raw material price trends and buyers’ sentiment
- Overview of Intelligent Sourcing Technique
- Raw material procurement requirements
- Vendor selection criteria
- Country-wise list of product manufacturers
- Country-wise list of distributors/traders
- Country-wise list of end-users
- End-Users/Customers consumption mapping
- Key End-Users/Customers client list
- Country-wise list of other key channel partners
- Average profitability margins
- Regional value chain dynamics
Competition Analysis
- Market shares and production capacities of key players
- Tier structure analysis of market
- Comprehensive competition dashboard representing the top 10-15 players in the market
- Individual company profiles of top 15 to 20 manufacturers
- Business Overview
- Product Portfolio
- Key Financials
- Recent Developments
- SWOT Analysis
- Strategies
Country Coverage
North America: U.S., Canada
Latin America: Brazil, Mexico, Argentina, Central America, Rest of Latin America
Western Europe: Germany, Italy, France, UK, Spain, Poland, Romania, Rest of Western Europe
Eastern Europe: Russia & Belarus, Balkan Countries, Baltic Countries, Central Asia, Rest of Eastern Europe
Middle East & Africa: KSA, UAE, Turkey, Israel, Northern Africa, South Africa, Rest of Middle East & Africa
East Asia: China, Japan, South Korea
South Asia & Pacific: India, ASEAN, Australia & New Zealand, Rest of South Asia & Pacific
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Frequently Asked Questions
In the forecast period between 2022 and 2032, the market is expected to grow at a CAGR of 3.7%.
Rising demand from the feed sector to drive the market growth of barley
Major global Barley Market players are Cargill Group, Malteurop Group, Crisp Malting Group, Ireks Gmbh, Muntons Plc., Maltexco S.A., Grain Millers Inc., Malt Products Corporation, Soufflet Group, Briess Malt & Ingredients Co., Grain crop Limited, Global Malt Gmbh & Co. Kg, EverGrain
Europe is expected to account for the largest market revenue share in the Global Barley market.
