USD 21.2 billion
Report ID:
SQMIG30B2063 |
Region:
Global |
Published Date: February, 2025
Pages:
197
|Tables:
94
|Figures:
69
Global Barley Market size was valued at USD 21.2 billion in 2023 and is poised to grow from USD 21.88 billion in 2024 to USD 28.15 billion by 2032, growing at a CAGR of 3.2% during the forecast period (2025-2032).
Increasing health consciousness among people around the world is bolstering the demand for healthy food products such as barley. Rapidly increasing consumption of beer and other malt beverages is also expected to bolster the sales of barley over the coming years. Growing use of barley in the production of animal and livestock feed formulations is also presenting new opportunities for barley vendors. Launch of new government support initiatives and funding to promote barley farming around the world are also expected to favor global barley market growth over the coming years. Moreover, the rising application scope of barley in industrial applications is also estimated to boost revenue generation potential for market players in the future. Providing non-GMO (genetically modified) and organic barley can help barley companies stand out from their competition on a global level going forward. On the contrary, high vulnerability to climate changes, competition from other types of crops, limited consumer awareness regarding benefits of barley, and fluctuations in global pricing are expected to be restraints impeding market development potential across the study period.
Market snapshot - 2025-2032
Global Market Size
USD 21.2 billion
Largest Segment
Food & Beverage Industry
Fastest Growth
Retail
Growth Rate
3.2% CAGR
To get more reports on the above market click here to Buy The Report
Global Barley Market is segmented by Grade, Distribution Channel, End User and region. Based on Grade, the market is segmented into Food Grade, Feed Grade and Malt Grade. Based on Distribution Channel, the market is segmented into Supermarkets and Hypermarkets, Departmental Stores, Specialty Stores and Online Stores. Based on End User, the market is segmented into Food and Beverages, Pharmaceuticals, Seed Industry, Personal Care, Animal Feed, Nutraceuticals and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Analysis by Type
The malted segment is estimated to account for a prominent chunk of the global barley market share going forward. Surging consumption of beer and other types of malt beverages around the world is supporting the dominance of this segment. Growing number of craft beer and whiskey brewing facilities and increasing interest of consumers in craft malt beverages are also slated to present new opportunities for suppliers of malted barley in the long run. The presence of a protective husk even after threshing and high starch content make barley a preferred choice of graining for malting process. Easy breakdown of barley into fermented sugars drives its preference in malting.
Meanwhile, the demand for whole grain barley is slated to rise at a notable CAGR over the coming years. Growing awareness regarding the benefits associated with whole grain consumption with the added benefits of barley are helping this segment generate new opportunities. The presence of nutrients such as fiber, vitamins, minerals, and antioxidants in whole grain barley that are essential for any healthy food product is also helping this segment remain highly opportune for market players. High consumer demand for nutritious and wholesome food alternatives to improve their diet and digestive health are slated to promote the consumption of whole grain barley products in the long run.
Analysis by Distribution Channel
The food & beverage industry segment is slated to lead the sales of barley over the coming years. Extensive use of barley in the preparation of multiple types of foods and beverages around the world is slated to help this segment bring in the most revenue going forward. Surging investments in the food and beverage processing industry and growing use of barley in the preparation of plant-based and vegan food products are also helping this segment hold sway over others. Plant-based protein bowls, veggie burgers, grain-based salads, and other meatless alternatives are all utilizing barley in some capacity thereby further boosting revenue generation potential of this segment through 2032.
The retail segment is slated to account for the second-largest share of the global barley industry in the future. Consumer sales of barley and barley products have reduced substantially from what they were in the past owing to rising availability and popularity of cheap alternatives. Less number of processed barley products and limitations in cooking versatility of barley are resulting in reduced sales from retail channels. Longer cooking times associated with barley are also expected to deter consumers from opting for barley and related products from a retail setting. Moreover, the availability of limited barley products in retail stores is also contributing to the second-largest stance of this segment.
To get detailed analysis on other segments, Request For Free Sample Report
The demand for barley in Europe is slated to account for a dominant share on a global level. The presence of a highly established and extensive brewing industry coupled with the presence of leading brewers are slated to cement the dominance of this segment. The expansion of microbreweries, brewpubs, and small-scale distilleries in the European region are also creating new business scope for barley suppliers in the long run. Italy, France, Germany, and the United Kingdom are emerging as opportune markets in this region as demand for malt beverages and vegan food products rises among European consumers.
Meanwhile, the Asia-Pacific region is slated to emerge as the fastest expanding market for barley companies in the world. The presence of robust agricultural activity, growing consumption of malt beverages, and rising use of barley in animal and livestock feed production are key factors offering new business scope in this region. Australia, India, and China are estimated to emerge as the most opportune markets for barley producers and growers operating in the Asia Pacific region through 2032. Increasing adoption of plant-based diets and rising number of craft and artisanal brewing establishments are also projected to boost the sales of barley in this region.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Drivers
High Demand for Malt and Malt-based Beverages
Surge in Demand for Healthy Food
Restraints
Vulnerability to Climate Change
Competition from Substitute Crops
Request Free Customization of this report to help us to meet your business objectives.
Barley suppliers should focus on targeting Europe to get the best return on their investments. Providing more barley products through retail channels for consumer consumption can also help companies maximize their business scope in the long run. Brewing applications are slated to be highly important for all barley suppliers as per this global barley market forecast.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, rising demand for healthy food and growing consumption of malt beverages are key factors promoting the demand for barley. However, competition from substitute crops and vulnerability to climate change are expected to hamper sales of barley in the future. Europe is slated to spearhead the demand for barley on a global level owing to the presence of multiple breweries and rising demand for vegan food products in countries such as Italy, France, and the United Kingdom. Providing organic and non-GMO barley and use of the same in plant-based food production can also help market players maximize their business scope in the long run.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 21.2 billion |
Market size value in 2032 | USD 28.15 billion |
Growth Rate | 3.2% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Barley Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Barley Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Barley Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Barley Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Barley Market size was valued at USD 144.72 Billion in 2023 and is poised to grow from USD 149.06 Billion in 2024 to USD 188.82 Billion by 2032, at a CAGR of 3% during the forecast period (2025-2032).
Barley suppliers should focus on targeting Europe to get the best return on their investments. Providing more barley products through retail channels for consumer consumption can also help companies maximize their business scope in the long run. Brewing applications are slated to be highly important for all barley suppliers as per this global barley market forecast. 'Soufflet Group', 'GrainCorp Limited', 'Cargill', 'Boortmalt Group', 'Malteurop Groupe', 'Crisp Malting Group', 'Muntons Plc', 'Ireks Gmbh', 'EverGrain', 'Maltexco S.A.', 'Grain Millers Inc', 'Malt Products Corp', 'Bries Malt & Ingredients Co.'
Barley is the primary ingredient for malt production, which makes it a vital crop for the rapidly expanding global brewery sector. Growing consumption of malt-based beverages such as beer around the world is also expected to favor the global barley market outlook across the study period and beyond.
Demand for Organic and Non-GMO Barley: Barley farmers should focus on cultivating organic and non-GMO (genetically modified) crop varieties of barley to expand their business scope going forward. By focusing on this barley market trend, companies can cater to a wide number of aware consumers preferring non-GMO and organic food products as awareness regarding ill effects of genetically modified foods rises.
The demand for barley in Europe is slated to account for a dominant share on a global level. The presence of a highly established and extensive brewing industry coupled with the presence of leading brewers are slated to cement the dominance of this segment. The expansion of microbreweries, brewpubs, and small-scale distilleries in the European region are also creating new business scope for barley suppliers in the long run. Italy, France, Germany, and the United Kingdom are emerging as opportune markets in this region as demand for malt beverages and vegan food products rises among European consumers.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients