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The barley market size was valued at USD 22.8 billion in 2024 is anticipated to register a CAGR of over 3.7% between 2025 and 2034, led by increasing demand for animal feed, barleys nutritional value makes it a crucial ingredient in livestock and poultry diets, and as global meat consumption continues to rise, particularly in emerging economies, the demand for animal feed, including barley, has grown significantly.<br>
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Barley Market Size to Reach USD 32.9 Bn by 2034 Global Market Insights Inc.
Overview of Barley Market ➢ The barley market was valued at USD 22.8 billion in 2024 and is projected to grow at a CAGR of 3.7% from 2025 to 2034. The market's growth is primarily driven by the increasing demand for animal feed, where barley plays a critical role as a key ingredient in livestock and poultry diets. With the global rise in meat consumption, particularly in emerging economies, the need for barley as a key component in animal feed has escalated rapidly. This demand is expected to remain strong as developing countries continue to boost their meat production. ➢ As consumers increasingly prioritize health and nutrition, the demand for barley-based products has surged. These products are lauded for their nutritional benefits, including dietary fiber, carbohydrates, and protein. This heightened demand has led to the development of a wide array of barley-based foods, from breakfast cereals to pasta, all crafted for the health-conscious consumer. Additionally, with sustainability becoming paramount in agriculture, barley farmers are adopting eco-friendly practices, reducing water consumption, and enhancing the crop's resilience to climate challenges. Global Market Insights Inc.
Continue… ➢ The global upsurge in beer and whiskey consumption has spurred a heightened demand for malt barley. This trend is particularly pronounced among craft breweries, which seek premium barley for their distinct brewing methods. Given the rising allure of artisanal and premium alcoholic drinks, the malt barley demand is poised for sustained growth. ➢ Furthermore, the barley market benefits from the surging popularity of beer and whiskey, which has propelled the demand for malt barley. Craft breweries, emphasizing premium and unique ingredients, have significantly contributed to this upward trend. The rising interest in artisanal, craft, and premium alcoholic beverages is reinforcing the growth of malt barley, with many consumers seeking high- quality, distinctive brews. The craft beer movement, in particular, has expanded barley's role in the beverage industry, particularly as more brewers choose local and high-quality barley varieties. ➢ Notable participants in the barley market include Cargill Inc., Malteurop Group, GrainCorp Limited, Soufflet Group, and Crisp Malting Group Global Market Insights Inc.
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