The global barley market size is expected to reach USD 28,491.24 Million by 2032, expected to grow at a CAGR of 2.66% during the forecast period.
The Barley Market involves the cultivation, distribution, and utilization of barley, one of the oldest and most widely cultivated grains globally. Barley is a versatile cereal grain that plays a significant role in food, beverage, animal feed, and industrial applications. It is used primarily in the production of malt for beer brewing, as a key ingredient in animal feed, and as a health food in the form of barley flour or whole grains.
Market Growth Drivers
- Rising Demand for Beer and Malted Products:
The global beer industry continues to be a major consumer of barley, with demand for craft beer and flavored malt beverages contributing to the growth of the malt barley market. The trend toward brewing craft beer is particularly evident in North America and Europe. - Health and Nutritional Benefits:
Barley is recognized for its high fiber content, which is beneficial for digestive health, weight management, and heart health. The growing trend toward whole grains and healthier diets is driving the demand for barley in food products. - Animal Feed Demand:
Barley is widely used as animal feed, particularly for livestock and poultry. The growth of the livestock industry, particularly in emerging economies, is increasing the demand for barley as a feed ingredient.
Some of the major players operating in the global market include:
- Briess Malt & Ingredients
- Cargill Incorporated
- Crisp Malting
- EverGrain
- Grain Millers
- GrainCorp
- IREKS
- Malt Products
- Malteurop
- Maltexco
- Muntons & The Soufflet.
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Key Trends
- Growing Craft Beer Industry:
The craft beer movement has been a significant driver of demand for malted barley, particularly among small breweries looking to create unique flavors. The increasing number of craft breweries worldwide is boosting the market for high-quality, specialized malted barley. - Sustainability and Organic Barley Production:
There is a rising trend toward organic barley farming, driven by consumer demand for organic food products and environmentally sustainable farming practices. Organic barley is used in the production of organic food and beverages, including malt beverages. - Barley as a Functional Ingredient:
Barley is being increasingly used as a functional food ingredient due to its nutritional benefits, including its role in reducing cholesterol and stabilizing blood sugar levels. It is also gaining popularity in gluten-free products, as barley flour is used in some gluten-free food formulations.
Recent Developments
- In January 2023, James Wilks, champion of Ultimate Fighter, and EverGrain, InBev’s sustainable ingredient company, announced the introduction of FYTA, the first portfolio of high-performance sports nutrition powders created from recycled barley protein.
- In January 2023, EverGrain, a sustainable ingredient company, collaborated with an AI pioneer PIPA to investigate into the nutritional potential of up-cycled barley protein.
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:
The research report categorizes the market into various segments and sub-segments. The primary segments covered in the study include type, application, end use and region. The splitting of the market into various groups enables businesses to understand market preferences and trends better. Also, stakeholders can develop products/services that align with the diverse needs of consumers in the industry. Besides, the research study includes a thorough examination of all the major sub-segments in the market.
Barley, Type Outlook (Revenue – USD Million, 2019 – 2032)
- Covered
- Two-Row Barley
- Six-Row Barley
- Hullness
Barley, Grade Outlook (Revenue – USD Million, 2019 – 2032)
- Food Grade
- Feed Grade
- Malt Grade
Barley, Distribution Channel Outlook (Revenue – USD Million, 2019 – 2032)
- Supermarkets and Hypermarkets
- Departmental Stores
- Speciality Stores
- Online Stores
Barley, Industry Vertical Outlook (Revenue – USD Million, 2019 – 2032)
- Food and Beverages
- Pharmaceuticals
- Seed Industry
- Personal Care
- Animal Feed
- Nutraceuticals
The Barley Market is poised for continued growth due to its strong role in the beer industry, increasing health consciousness among consumers, and the growing use of barley in animal feed and industrial applications. Rising demand for premium barley varieties, as well as sustainability concerns in agriculture, will continue to shape the market. Innovations in barley farming, along with the increasing use of barley in diverse food and beverage applications, present significant opportunities for market players moving forward.
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