Growing Demand from Middle Eastern Countries to Drive the Global Barley Market

Soufflet Group, Boortmalt Group, Malteurop Groupe, GrainCorp Limited, and Cargill, Incorporated, among others, are the key players in the global market for barley.

As per the analysis by Expert Market Research, the global barley market is estimated to grow in the forecast period of 2022-2027 at a CAGR of 6.34%.

Barley is a cereal grain used to make bread, drinks, stews, and other food items. Given that it is a whole grain, it offers a variety of nutrients, including fibre, vitamins, and other minerals. Barley is generally considered beneficial for those suffering from high cholesterol and heart disease. It is also beneficial for those with obesity, diabetes, cancer prevention, and other conditions. A growing environmental consciousness is leading to the increased use of barley to generate fuel ethanol. Further, barley is utilised as a natural sweetener, food grain, and an ingredient for brewing beer and producing alcoholic beverages.

The surging awareness regarding the health benefits of barley is expected to propel the market growth of barley. The global cultivation of barley to meet the growing demand from various end-use industries is impacting the market expansion. Moreover, barley is a rich source of dietary fibre. It has several beneficial nutrients, which play an essential role in enhancing digestion, promoting weight loss, and lowering cholesterol levels, along with supporting a healthier heart. The adaptability of barley to various climates through genetic advancements is boosting the cultivation of the crop, further driving the growth of the barley market. 

The establishment of new varieties of barley with high yields by the key players is likely to boost the market growth over the forecast period. The rising research activities to explore the potential applications of barley in the pharmaceutical industry because of its health benefits as well as its medicinal properties are expected to aid the barley market growth during the forecast period.

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Top 5 Global Barley Companies:

Soufflet Group

Soufflet Group is a France-based agri-food company with operations on an international scale. The company deals in wheat, barley, rice, and pulses, and supports wine growers. The company has invested in research and innovation to boost the value of agricultural resources by employing a sustainable development method.

Malteurop Groupe

Malteurop is one of the leading producers of malt with a natural, grain-based ingredient. The company is dedicated to reducing its impact on the environment for current and future generations by paying particular attention to the water consumption, CO2 emissions, and carbon footprint from transportation, and from raw material production.

GrainCorp Limited

GrainCorp Limited is a diversified Australian agribusiness. The company is leading the approach for sustainable agriculture with new ways to link rural communities with food, feed, and industrial customers across the world. The company trades and stores speciality commodities like barley, wheat, canola, sorghum, and others, connecting over 10,000 growers with over 1,000 end users in the edible oil, food, beverage, and animal feed industries.

Boortmalt Group

The Boortmalt Group is a leading malting corporation with a 3 million tonnes manufacturing capacity. The company appears on five continents with 27 malting plants. The company’s capabilities are extensively recognised by distillers, brewers, and food industries, who rely on the supply of best-quality barley malts. The firm is a wholly owned subsidiary of the cooperative for agriculture and agribusiness, Axereal. Due to its partnership with Axereal, the biggest grain company in Europe, Boortmalt has year-round access to premium barley.

Cargill, Incorporated

Cargill Incorporated offers goods and services in the global food, financial, agricultural, and industrial sectors. The company works with farmers, customers, governments, and communities to help them flourish by putting to use its ideas from years of experience. The company sources, trades, stores, processes, and distributes grains and oilseeds such wheat, corn, barley, sorghum as well as meals and vegetable oils on a global scale.

Also Read@ https://www.expertmarketresearch.com/pressrelease/barley-market

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.