Barley Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 24.62 Billion |
| Market Size (2029) | USD 31.02 Billion |
| CAGR (2024 - 2029) | 4.73 % |
| Fastest Growing Market | Middle East and Africa |
| Largest Market | Europe |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Barley Market Analysis
The Barley Market size is estimated at USD 24.62 billion in 2024, and is expected to reach USD 31.02 billion by 2029, growing at a CAGR of 4.73% during the forecast period (2024-2029).
- Barley is the fourth most important cereal crop in the world. Europe accounts for the majority of share in global barley consumption. China, Saudi Arabia, Canada, and Turkey are the major barley-consuming countries. An increase in the demand for barley as raw material for alcoholic and non-alcoholic beverages is anticipated to drive the market's growth over the forecast period.
- The European Union is the largest producer of barley, accounting for 34% of the global production, with 51.4 million metric ton in 2021. The barley market is anticipated to witness a surge in demand due to the growing requirement for breweries. This demand is also due to the increasing demand for several types of convenience food items, clean label trends, and emerging applications in food. Barley also has potential as a pharmaceutical product due to its many benefits. It is also used to treat digestive problems such as inflammatory bowel conditions.
- In recent years, the governments in the food grain sector have largely been making progress due to an array of programs offered. For instance, to meet local demand and develop storage reserves, the Saudi government provides financial incentives to private-sector enterprises and individuals to produce strategic crops such as barley, soybeans, and yellow corn. It also credits interest-free loans and supports the growers financially. These factors have boosted the demand for barley, thus driving the market.
Barley Market Trends
Emerging Applications is Various Industries Led to Growth in Exports
In 2021, Australia was the major exporter of barley, with a volume of 8.7 million metric ton in 2021, followed by France, with 6.5 million metric ton. Rising awareness about the nutritional aspect of the consumption of whole grains is one of the major factors driving the barley market. Besides, the surging demand for including natural ingredients in snacks supports the barley market's growth. It is also preferred for the manufacture of non-alcoholic beverages. These factors are propelling the growth of the barley market across the world.
Traditionally, white barley has been the preferred animal feed. It is overwhelmingly considered a carbohydrate and protein source in livestock feed. Approximately 80% of imported barley is fed to sheep, camels, and goats in the Middle East without further processing in combination with green forage. The remainder is largely used as an ingredient in dairy feed processing. Dairy farms use limited quantities of barley in their feed formulations. When it is readily available at competitive prices, barley is often used in the place of forage in many countries.
An uptick in barley malt demand for alcoholic beverages is acting as a high-impact driver for the barley market. The heightened demand for different kinds of convenience food products, emerging applications in the F&B industry, clean-label trends, and escalating demand for natural ingredients also propels this market. Thus, these factors have led to increased barley exports across the globe from countries such as France, Russia, Australia, and Ukraine. Hence, these factors are anticipated to drive the market during the forecast period.
North America is Dominating the Market
The North American barley harvest area increased by 18.7% between 2018 and 2022. Canada is the largest producer of barley in North America. Growing economies are witnessing a high adoption rate of barley in the food and beverage industry. This factor may contribute to the expansion of the barley market in the coming years.
The United States is the world's seventh-largest producer of barley. About three-quarters of the barley grown in the United States is currently used for malt production. The country's producers harvested 2.2 million acres of barley in 2020 as it is widely used in soups, as an extender for vegetable proteins, and milled into flour. Barley flour contains gluten and cannot be used in gluten-free applications. It is used in the United States in baby food. Malt produced from barley is also widely used in the food industry in baked goods and flavorings.
With consumers becoming more health conscious, they are cutting back on the consumption of alcohol and spirits, restraining the demand for barley malt, which, in turn, is hindering the overall demand for barley. Other negative factors include declining soil fertility, pest and disease infestation, and drastic changes in the climate, which are affecting barley yields.
Barley Market News
- January 2023: The European Commission's new Common Agricultural Policy aims to support European farmers in transitioning to a more sustainable and resilient agricultural industry and preserving the diversity of rural communities.
- April 2021: Intergrain, a leading Australian barley breeding company, teamed up with two major Australian universities to improve barley yield stability in the face of climate variability and provide innovative breeding solutions that enable the development of more productive crops.
Barley Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
- 4.4 Value Chain Analysis
5. MARKET SEGMENTATION
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5.1 Geography
- 5.1.1 North America
- 5.1.1.1 United States
- 5.1.1.1.1 Production Analysis
- 5.1.1.1.2 Consumption Analysis and Market Size
- 5.1.1.1.3 Import Market Analysis (Volume and Value)
- 5.1.1.1.4 Export Market Analysis (Volume and Value)
- 5.1.1.1.5 Price Trend Analysis
- 5.1.1.2 Canada
- 5.1.1.2.1 Production Analysis
- 5.1.1.2.2 Consumption Analysis and Market Size
- 5.1.1.2.3 Import Market Analysis (Volume and Value)
- 5.1.1.2.4 Export Market Analysis (Volume and Value)
- 5.1.1.2.5 Price Trend Analysis
- 5.1.2 Europe
- 5.1.2.1 Germany
- 5.1.2.1.1 Production Analysis
- 5.1.2.1.2 Consumption Analysis and Market Size
- 5.1.2.1.3 Import Market Analysis (Volume and Value)
- 5.1.2.1.4 Export Market Analysis (Volume and Value)
- 5.1.2.1.5 Price Trend Analysis
- 5.1.2.2 France
- 5.1.2.2.1 Production Analysis
- 5.1.2.2.2 Consumption Analysis and Market Size
- 5.1.2.2.3 Import Market Analysis (Volume and Value)
- 5.1.2.2.4 Export Market Analysis (Volume and Value)
- 5.1.2.2.5 Price Trend Analysis
- 5.1.2.3 Russia
- 5.1.2.3.1 Production Analysis
- 5.1.2.3.2 Consumption Analysis and Market Size
- 5.1.2.3.3 Import Market Analysis (Volume and Value)
- 5.1.2.3.4 Export Market Analysis (Volume and Value)
- 5.1.2.3.5 Price Trend Analysis
- 5.1.2.4 Spain
- 5.1.2.4.1 Production Analysis
- 5.1.2.4.2 Consumption Analysis and Market Size
- 5.1.2.4.3 Import Market Analysis (Volume and Value)
- 5.1.2.4.4 Export Market Analysis (Volume and Value)
- 5.1.2.4.5 Price Trend Analysis
- 5.1.2.5 Ukraine
- 5.1.2.5.1 Production Analysis
- 5.1.2.5.2 Consumption Analysis and Market Size
- 5.1.2.5.3 Import Market Analysis (Volume and Value)
- 5.1.2.5.4 Export Market Analysis (Volume and Value)
- 5.1.2.5.5 Price Trend Analysis
- 5.1.3 Asia-Pacific
- 5.1.3.1 China
- 5.1.3.1.1 Production Analysis
- 5.1.3.1.2 Consumption Analysis and Market Size
- 5.1.3.1.3 Import Market Analysis (Volume and Value)
- 5.1.3.1.4 Export Market Analysis (Volume and Value)
- 5.1.3.1.5 Price Trend Analysis
- 5.1.3.2 Australia
- 5.1.3.2.1 Production Analysis
- 5.1.3.2.2 Consumption Analysis and Market Size
- 5.1.3.2.3 Import Market Analysis (Volume and Value)
- 5.1.3.2.4 Export Market Analysis (Volume and Value)
- 5.1.3.2.5 Price Trend Analysis
- 5.1.3.3 India
- 5.1.3.3.1 Production Analysis
- 5.1.3.3.2 Consumption Analysis and Market Size
- 5.1.3.3.3 Import Market Analysis (Volume and Value)
- 5.1.3.3.4 Export Market Analysis (Volume and Value)
- 5.1.3.3.5 Price Trend Analysis
- 5.1.4 South America
- 5.1.4.1 Argentina
- 5.1.4.1.1 Production Analysis
- 5.1.4.1.2 Consumption Analysis and Market Size
- 5.1.4.1.3 Import Market Analysis (Volume and Value)
- 5.1.4.1.4 Export Market Analysis (Volume and Value)
- 5.1.4.1.5 Price Trend Analysis
- 5.1.5 Middle East & Africa
- 5.1.5.1 Saudi Arabia
- 5.1.5.1.1 Production Analysis
- 5.1.5.1.2 Consumption Analysis and Market Size
- 5.1.5.1.3 Import Market Analysis (Volume and Value)
- 5.1.5.1.4 Export Market Analysis (Volume and Value)
- 5.1.5.1.5 Price Trend Analysis
- 5.1.5.2 Turkey
- 5.1.5.2.1 Production Analysis
- 5.1.5.2.2 Consumption Analysis and Market Size
- 5.1.5.2.3 Import Market Analysis (Volume and Value)
- 5.1.5.2.4 Export Market Analysis (Volume and Value)
- 5.1.5.2.5 Price Trend Analysis
- 5.1.5.3 Morocco
- 5.1.5.3.1 Production Analysis
- 5.1.5.3.2 Consumption Analysis and Market Size
- 5.1.5.3.3 Import Market Analysis (Volume and Value)
- 5.1.5.3.4 Export Market Analysis (Volume and Value)
- 5.1.5.3.5 Price Trend Analysis
- 5.1.5.4 Ethiopia
- 5.1.5.4.1 Production Analysis
- 5.1.5.4.2 Consumption Analysis and Market Size
- 5.1.5.4.3 Import Market Analysis (Volume and Value)
- 5.1.5.4.4 Export Market Analysis (Volume and Value)
- 5.1.5.4.5 Price Trend Analysis
6. MARKET OPPORTUNITIES AND FUTURE TRENDS
Barley Industry Segmentation
Barley is a tall plant-like grass with long, straight hairs growing from the head of each stem, or the grain from this plant, used for food and alcoholic beverages, like beer and whisky.
The barley market analyzes the production (volume), consumption (value and volume), and trade in terms of import (value and volume), export (value and volume), and price trend. The market is segmented by geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The report offers the market size and forecast in terms of value in USD million and volume in metric ton for the above-mentioned segments.
| Geography | North America | United States | Production Analysis |
| Consumption Analysis and Market Size | |||
| Import Market Analysis (Volume and Value) | |||
| Export Market Analysis (Volume and Value) | |||
| Price Trend Analysis | |||
| Geography | North America | Canada | Production Analysis |
| Consumption Analysis and Market Size | |||
| Import Market Analysis (Volume and Value) | |||
| Export Market Analysis (Volume and Value) | |||
| Price Trend Analysis | |||
| Geography | Europe | Germany | Production Analysis |
| Consumption Analysis and Market Size | |||
| Import Market Analysis (Volume and Value) | |||
| Export Market Analysis (Volume and Value) | |||
| Price Trend Analysis | |||
| Geography | Europe | France | Production Analysis |
| Consumption Analysis and Market Size | |||
| Import Market Analysis (Volume and Value) | |||
| Export Market Analysis (Volume and Value) | |||
| Price Trend Analysis | |||
| Geography | Europe | Russia | Production Analysis |
| Consumption Analysis and Market Size | |||
| Import Market Analysis (Volume and Value) | |||
| Export Market Analysis (Volume and Value) | |||
| Price Trend Analysis | |||
| Geography | Europe | Spain | Production Analysis |
| Consumption Analysis and Market Size | |||
| Import Market Analysis (Volume and Value) | |||
| Export Market Analysis (Volume and Value) | |||
| Price Trend Analysis | |||
| Geography | Europe | Ukraine | Production Analysis |
| Consumption Analysis and Market Size | |||
| Import Market Analysis (Volume and Value) | |||
| Export Market Analysis (Volume and Value) | |||
| Price Trend Analysis | |||
| Geography | Asia-Pacific | China | Production Analysis |
| Consumption Analysis and Market Size | |||
| Import Market Analysis (Volume and Value) | |||
| Export Market Analysis (Volume and Value) | |||
| Price Trend Analysis | |||
| Geography | Asia-Pacific | Australia | Production Analysis |
| Consumption Analysis and Market Size | |||
| Import Market Analysis (Volume and Value) | |||
| Export Market Analysis (Volume and Value) | |||
| Price Trend Analysis | |||
| Geography | Asia-Pacific | India | Production Analysis |
| Consumption Analysis and Market Size | |||
| Import Market Analysis (Volume and Value) | |||
| Export Market Analysis (Volume and Value) | |||
| Price Trend Analysis | |||
| Geography | South America | Argentina | Production Analysis |
| Consumption Analysis and Market Size | |||
| Import Market Analysis (Volume and Value) | |||
| Export Market Analysis (Volume and Value) | |||
| Price Trend Analysis | |||
| Geography | Middle East & Africa | Saudi Arabia | Production Analysis |
| Consumption Analysis and Market Size | |||
| Import Market Analysis (Volume and Value) | |||
| Export Market Analysis (Volume and Value) | |||
| Price Trend Analysis | |||
| Geography | Middle East & Africa | Turkey | Production Analysis |
| Consumption Analysis and Market Size | |||
| Import Market Analysis (Volume and Value) | |||
| Export Market Analysis (Volume and Value) | |||
| Price Trend Analysis | |||
| Geography | Middle East & Africa | Morocco | Production Analysis |
| Consumption Analysis and Market Size | |||
| Import Market Analysis (Volume and Value) | |||
| Export Market Analysis (Volume and Value) | |||
| Price Trend Analysis | |||
| Geography | Middle East & Africa | Ethiopia | Production Analysis |
| Consumption Analysis and Market Size | |||
| Import Market Analysis (Volume and Value) | |||
| Export Market Analysis (Volume and Value) | |||
| Price Trend Analysis |
Barley Market Research FAQs
How big is the Barley Market?
The Barley Market size is expected to reach USD 24.62 billion in 2024 and grow at a CAGR of 4.73% to reach USD 31.02 billion by 2029.
What is the current Barley Market size?
In 2024, the Barley Market size is expected to reach USD 24.62 billion.
Which is the fastest growing region in Barley Market?
Middle East and Africa is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Barley Market?
In 2024, the Europe accounts for the largest market share in Barley Market.
What years does this Barley Market cover, and what was the market size in 2023?
In 2023, the Barley Market size was estimated at USD 23.51 billion. The report covers the Barley Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Barley Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Barley Industry Report
Statistics for the 2024 Barley market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Barley analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
