Barley Market is predicted to reach USD 36.78 billion at a CAGR of 5.00% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Barley Market”.

The Barley Market is estimated to register a CAGR of 5.00% during the forecast period of 2024 to 2032.

MRFR recognizes the following companies as the key players in the global Barley Market— Soufflet Group, GrainCorp Limited, Cargill, Boortmalt Group, Malteurop Groupe, Crisp Malting Group, Muntons Plc, Maltexco S.A., Grain Millers Inc, Malt Products Corp.

Barley Market Highlights

The global Barley Market is accounted to register a CAGR of 5.00% during the forecast period and is estimated to reach USD 36.78 billion by 2032.

Global trade policies, climatic circumstances, agricultural technology improvements, shifting economic variables, supply and consumer trends, and international trade policies all have an impact on the industry, which is principally driven by the substantial demand in the food and brewing industries. In addition, the market must fulfill strict quality criteria for various grades and deal with climatic fluctuation that affects crop output. These difficulties do, however, offer chances for novel agricultural techniques and the investigation of uncharted market niches such as health foods and nutraceuticals.

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Segment Analysis

The global Barley Market has been segmented based on the type, application, and distribution channel. 

Based on Type, the market is segmented into Whole Grain, Non-whole Grain, Flakes, Flour, and Malted. The malted segment was attributed to holding the largest market share in 2023. The contribution of beverages such as craft beer and whiskey and the improvement of the standard of texture and flavor by malted barley are the primary reasons for the increased demand for the malted barley segment. In March 2021, Southern Food Pvt Ltd announced the launch of a malted food drink. This drink has been enriched with essential vitamins and minerals.

Based on the Application, the Barley Market has been segmented into Food, Feed, and Beverages. The beverages segment was expected to hold the largest market share in 2023. Nowadays, the growing popularity of artisanal beverages and craft beverages favors the development of the barley market. Manufacturers of barley for beverages employ conventional breeding practices and modern techniques like the production of malting barley varieties, trait-improved breeding programs, and genomic markers technology in their quest for the ideal malted barley. Hence, the hybrid varieties developed by controlled hybridization have high yield potential, disease resistance, and tolerance to environmental stresses to a large extent. These hybrid uses can drive better performance and higher yields, paving the way to increased barley availability for brewing beer. In December 2022, the Brazilian beer brand Petra announced the release of Petra Milk. This beverage is produced out of barley-based milk.

Based on the Distribution Channel, the Barley Market has been segmented into the Food & Beverage Industry and Retail. The food & beverage industry segment was expected to hold the largest market share in 2023. There has been a dramatic increase in the number of people adopting plant-based diets and a considerable market share for vegans and vegetarian meals in the food and beverage industry. As a nutritious grain, barley plays the role of a main dish in vegetarian and plant-based cuisine, giving a large part of nutrition. It can be incorporated into veggie bowls, vegetarian burgers, grain-based salads, and other dishes that substitute meat. Its use brings the needed texture, flavor, and nutritional value.

Regional Analysis

The global Barley Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The Europe Barley Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Barley Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Barley Market comprises the Middle East, Africa, and Latin America.

The largest market share for the Barley Market was maintained by the North American regional sector. The regional North American is going to be superior in terms of the high demand for barley in the feed industry in the United States. As per the statistics of the United States Department of Agriculture National Agriculture Statistics Service (NASS), production finished at 174 million bushels, a 45% increase from 120 million bushels in the year 2021. An average yield was even higher, at 71.7 bushels per case, up 11.4 bushels from the previous year. Agricultural producers planted 2.95 million hectares in 2022, which is nine percent more acreage than in 2021. Barley is one of the important feed grains that is used in the formulation of compound feed for livestock such as cattle, poultry, and pigs. The growing demand for meat and dairy foods, alongside the expansion of livestock production, has also raised a necessity for barley as a feed grain element.

Moreover, the Europe market has been persistently growing over the forecast period. The production of craft beer and artisan spirits around the region is on the rise. The microbrewery industry witnessed a tremendous surge from a very low number of less than 2,000 to 9,500 in 2020, which furthered steadily through the years. The proliferation of microbreweries, pubs, and smaller establishments that aspire to meet the higher demand for quality and unique drinks has, in the end, led to the demand for barley, which, in turn, has increased. According to the statistics formed by the European Breweries 2022 report, till 2022, the number of breweries active on the continent, that was 9,680, was growing incoming against the 2021 figure of 9,500, with Greece now having 75 active breweries. 

With the highest population in the world, the Asia Pacific region's demand for food and beverages like barley-based drinks is increasing daily. China, as it stands now, dominates the global barley import market through a wide margin. From 2020 to 2021, China imported 10.8Mt of barley. The rise in the number of diabetic patients in China leads to an upswing in the growth of the barley market. As stated by Statista, around 141 million Chinese people have diabetes, which is the biggest percentage of diabetics in the whole world in a single nation. There will be approximately 174 million diabetics in the country of China in 2045. Research has indicated that taking barley helps to reduce signs of blood sugar and insulin in diabetes patients.

Furthermore, the rest of the world's Barley Market is divided into the Middle East, Africa, and Latin America. The favorable climate of the area offers good conditions for farming, leading to the dominance of barley as a chief ingredient in malt and beer processing. According to the er Comtradeade database, the value of imported beer has come down to USD 0.8 billion in 2020 from USD 1.13 billion in 2018 in South American countries. There has been rapid growth in the market since COVID-19, and it has increased from USD 1.15 billion to USD 1.44 billion in 2021. Based on the data offered by the Ministry of Agriculture, Livestock, and Supply (MAPA), there was a tremendous increase in craft breweries from 50 in 2002 to 1,178 in 2019. As per the data from the Brazilian Association for Craft Beer (ABRACERVA) in the year 2019, the total production of craft breweries was approximately 380 million liters, which was approximately 2.5 percent of overall beer production in the country. Moreover, the increasing attractiveness of craft beers in the market is also a vital driver of the increasing demand for more refined malt ranges, promoting the market development in Latin America.

Key Findings of the Study

• The global Barley Market is expected to reach USD 36.78 billion by 2032, at a CAGR of 5.00% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the rise in the number of craft breweries.


• Based on Type, the Malted segment was attributed to holding the largest market in 2023, with an approximate market share of 55–60%.


• Soufflet Group, GrainCorp Limited, Cargill, Boortmalt Group, Malteurop Groupe, Crisp Malting Group, Muntons Plc, Maltexco S.A., Grain Millers Inc, and Malt Products Corp are the key market players.