Barley

Barley

Global Barley Market to Reach US$31.0 Billion by 2030

The global market for Barley estimated at US$22.7 Billion in the year 2023, is expected to reach US$31.0 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2023-2030. Food & Beverage Application, one of the segments analyzed in the report, is expected to record a 4.2% CAGR and reach US$13.3 Billion by the end of the analysis period. Growth in the Pharmaceuticals Application segment is estimated at 5.2% CAGR over the analysis period.

The U.S. Market is Estimated at US$6.0 Billion While China is Forecast to Grow at 7.1% CAGR

The Barley market in the U.S. is estimated at US$6.0 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.8 Billion by the year 2030 trailing a CAGR of 7.1% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.8% and 3.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.

Global Barley Market - Key Trends and Drivers Summarized

Why Is Barley Gaining Popularity in Health Foods and Beverages?

Barley is experiencing a resurgence in popularity as a key ingredient in health foods and beverages, thanks to its rich nutritional profile and versatility. This ancient grain is packed with essential nutrients, including fiber, vitamins, minerals, and antioxidants, making it an excellent choice for health-conscious consumers. Barley’s high fiber content, particularly beta-glucan, is known to support heart health by lowering cholesterol levels and improving digestive health. As more consumers seek out natural and wholesome foods, barley is being increasingly incorporated into a wide range of products, from breakfast cereals and energy bars to plant-based beverages and bakery items. The grain`s mild flavor and adaptability make it a popular ingredient in both traditional and modern recipes, catering to the growing demand for nutritious and functional foods.

What Technological Innovations Are Enhancing Barley-Based Products?

Technological innovations are playing a crucial role in enhancing the quality and appeal of barley-based products, making them more accessible and enjoyable for consumers. Advances in food processing techniques, such as milling, extrusion, and fermentation, have improved the texture, flavor, and nutritional value of barley products. For example, the development of barley flour with finer particle size has enhanced its use in baking, resulting in softer and more palatable baked goods. Fermentation technology is also being used to produce barley-based beverages, such as non-alcoholic beers and functional drinks, that cater to the growing demand for healthier alternatives. Additionally, genetic research and breeding programs are focused on developing new barley varieties with improved nutritional profiles and resistance to environmental stresses, ensuring a consistent and high-quality supply of barley for food and beverage production. These technological advancements are driving the growth of barley-based products in the health food and beverage market.

Why Is Barley Important for Sustainable Agriculture?

Barley is not only valued for its nutritional benefits but also for its role in promoting sustainable agriculture. As a resilient crop that can thrive in a variety of climates and soil conditions, barley is well-suited to sustainable farming practices. The crop’s ability to grow in marginal lands with minimal water and fertilizer inputs makes it an environmentally friendly option for farmers seeking to reduce their ecological footprint. Additionally, barley’s deep root system helps improve soil health by preventing erosion and enhancing water retention. The use of barley in crop rotation systems also contributes to sustainable agriculture by reducing the need for chemical inputs and supporting biodiversity. As sustainability becomes a key consideration for both consumers and producers, barley’s role in sustainable agriculture is likely to enhance its appeal in the food and beverage industry.

What Factors Are Accelerating the Growth of the Barley Market?

The growth in the barley market is driven by several factors, including the increasing consumer demand for health-conscious and functional foods that support overall wellness. Technological advancements in food processing and crop genetics are enhancing the appeal and availability of barley-based products, making them more accessible to a broader audience. The emphasis on sustainability in agriculture is also playing a significant role, as barley’s environmental benefits align with the growing consumer preference for eco-friendly and sustainable products. Additionally, the versatility of barley as an ingredient in a wide range of food and beverage applications is expanding its market presence. As these trends continue to shape the food industry, the barley market is poised for sustained growth, supported by ongoing innovations and the rising interest in healthy, natural foods.

Select Competitors (Total 352 Featured) -

• Ackermann Saatzucht GmbH & Company KG
• Agremo
• AGROALIMENTARE SUD S.p.A.
• Agrokultura
• Blue Lake Milling
• Bob`s Red Mill Natural Foods
• Browning Seed Inc.
• CRASTAN S.p.A.
• Crisp Malting Group
• Global Grains & Ingredients Ltd.

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