Barley Market - Forecast(2021 - 2026)

Barley Market size is forecast to reach $ 23.67 Billion by 2025, growing at CAGR of 4.2% during the forecast period 2020-2025. Barley (Hordeum vulgare) is a versatile cereal grain crop of the family member of grass, cultivated in temperate climates globally. It is primarily grown in countries, such as Russia, France, Germany, Ukraine, Australia, and others, and is among the most important crops by the farmers in these regions. It contains a high amount of maltose or malt sugar. The rise in its demand is especially owing to its application in both alcoholic and non-alcoholic beverages is a major driving factor of the global market. Growing health awareness, a rise in cardiovascular diseases, and its increasing use as an ingredient in food products are the other driving factors of the market.

• Request Sample

Barley Market Report Coverage

The report: “Barley Market Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the Barley Market. 

By Type: Covered Barley, Hulled Barley, Hulless Barley, Barley Grits, Barley Flour, Pearl Barley and Quick Pearl Barley

By Grade: Feed Grade, Malt Grade, Food Grade.

By Application: Food and Beverages, Pharmaceuticals, Seed industry and Nutraceuticals.

By Geography: North America, Asia Pacific, Europe, Rest of World.

Key Takeaways

• Geographically, North America is leading the global barley market owing to the high consumption of beer and whiskey and presences of high disposable income in 2019. This region is also set to grow at the highest CAGR during the forecast period (2020-2025).
• The demand for Barley has been witnessing a rise since the past couple of decades owing to an increase in demand from the global alcoholic beverages and animal feed industry.
• Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Barley Market report.
• The Beer industry is the major consumer of the barley market, resulting in its mass cultivation. This has pushed the barley market for the last year. Besides, barley has been extensively used in several food items which are set to increase the growth for the forecast period (2020-2025).

• Inquiry Before Buying

Barley Market Segment Analysis - By Grade Type

Based on Grade Type, Barley Market is segmented into feed grade, malt grade, and food grade. Malt grade is poised to dominate in the global barley market owing to the excellent extraction feature, rich enzyme content, and low moisture grade. It is one of the most important ingredients in beers. It is used in different types of extracts and syrups that impart sweetness and flavor to other prepared food products and is used as an ingredient in bread starters. Malted barley is considered one of the good sources of protein, manganese, dietary fiber, and selenium. Increasing demand for malt-based beverages, mostly from developing regions, is poised to continue shortly, and is set to drive the demand in the global barley market during the forecast period 2020-2025. On the other hand, the market value of feed grade and food grade is likely to take a backseat owing to the decline in consumption of over recent years. 

Barley Market Segment Analysis - By Application Type

Based on Application, Barley Market is segmented into Food & Beverages, Pharmaceuticals, Seed Industry, and Nutraceuticals. Among the application type, Food & Beverage segment is set to lead the market and grow at CAGR of 3.71% during the forecast period 2020-2025. Barley offers versatile and functional properties and is available in various forms. Barley is extensively used for feed products across the globe. Manufacturers are launching products to add value to feeds. Barley is rich in beta-glucan and offers various health benefits. For instance, it helps in controlling glucose absorption, reducing cholesterol, etc. Increasing consumption of barley for its nutritional content and health benefits is a factor supporting the growth of this segment in the barley market.

Barley Market Segment Analysis - By Geography

Based on Geography, Barley Market is segmented into North America, Europe, Asia Pacific and Rest of the World. In 2019, North America dominated the market with share of 37.8% of overall market. This is owing to majority of alcohol consumption in U.S. Increasing demand for barley products in the U.S. and Canada is a factor supporting the growth of the target market in North America. Asia Pacific is set to register highest CAGR owing to lucrative growth in terms of revenue shortly, followed by the Middle East & Africa and Latin America. Increasing import for barley in countries in this region and increasing adoption of barley-based food products are factors set to fuel the growth of the barley market in the Asia Pacific, especially backed by China, South Korea, India, and Australia, is showing quicker growth and is poised to lead the barley market over the forecast period 2020-2025.

"We also publish more than 100 reports every month in "Food and Beverage", Go through the Domain if there are any other areas for which you would like to get a market research study."