Barley Products Market Comprehensive Study Explores Huge Growth in Future: Malteurop Group, Muntons, Kellogg Company

HTF Market Report

Updated · Jun 22, 2023

Barley Products Market Comprehensive Study Explores Huge Growth in Future:  Malteurop Group, Muntons, Kellogg Company

Published Via 11Press : According to HTF MI Latest Report, The Global Barley Products Market is expected to see a growth rate of 4.730% and may see a market size of USD 29.6 Bn by 2028, currently pegged at USD 23.52 Bn.

Barley products are an assortment of culinary and drink things produced using barley grain. These products serve an extensive variety of end clients, including the food and drink area, wellbeing-cognizant buyers, and creature feed creators. The expanded customer interest in solid and regular food decisions, as well as the extending ubiquity of plant-based eats less, are driving the market for grain items. Nonetheless, the business faces a few difficulties, including fluctuating grain costs and low buyer familiarity with barley’s wholesome advantages. Regardless of these difficulties, the business has various open doors, for example, venturing into new geological business sectors and creating imaginative barley-based items. People searching for nutritious and reasonable food choices, as well as food and drink organizations hoping to broaden their item contributions, are the ideal interest groups for barley products.

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This development is fundamentally determined by Complex and incorporates various angles that add to their allure and request. To start, barley is a flexible and nutritious grain with a few medical advantages. Its high fiber content helps assimilation and advances heart wellbeing, while additionally providing significant nutrients and minerals. Barley is a manageable yield, utilizing less water and pesticides than different grains. This compares to a rising shopper inclination for naturally economical and morally obtained food choices. Due to their particular flavors and surfaces, barley products, for example, barley flour, malted barley, and barley-based refreshments have acquired prominence in the culinary world, expanding the assortment of food choices accessible to purchasers.

Barley Products Market Key Players

Below are the most prominent enterprise Barley Products industry players.

  • Bob’s Red Mill (United States),
  • Quaker Oats Company (United States)
  • Kellogg Company (United States)
  • Nestlé (Switzerland)
  • Malteurop Group (France)
  • Cargill, Incorporated (United States)
  • Hain Celestial Group (United States)
  • Muntons plc (United Kingdom)
  • GrainCorp Limited (Australia)
  • Bühler AG (Switzerland)
  • Archer Daniels Midland Company (US)

Barley Products Market

By Product Type

  • Barley Flour
  • Barley Flakes
  • Barley Grits

By End Use Application

  • Food Industry
  • Healthcare Sector
  • Cosmetic Industry

Market Growth Drivers

  • Diverse and incorporate different perspectives that add to their allure and request. To start, grain is a flexible and nutritious grain with a few medical advantages. Its high fiber content helps absorption and advances heart wellbeing, while additionally providing significant nutrients and minerals.
  • Barley is an economical yield, utilizing less water and pesticides than different grains. This compares to a rising shopper inclination for environmentally sustainable and morally obtained food choices. On account of their particular flavors and surfaces, grain items, for example, barley flour, malted grain, and barley-based refreshments have acquired prominence in the culinary world, expanding the assortment of food choices accessible to shoppers.

Influencing Trends

  • Rising public interest in plant-based counts calories has expanded the interest in barley as a flexible grain substitution. Grain is being used in various plant-based merchandise, including meat substitutes, dairy options, and bites. The emphasis on supportability and natural concern has upgraded the prominence of barley, as it is known for its negligible water and pesticide prerequisites. This corresponds with the developing purchaser’s inclination for eco-accommodating and morally obtained food choices.
  • The development of specialty lager and the expanded interest in high-quality and particular drinks have added to a flood in the creation and utilization of malted grain for fermenting reasons. These patterns show the rising client inclinations, focusing on well-being, supportability, and unmistakable flavor encounters, which are driving the development and extension of barley products.

Challenges

  • A barrier can be an absence of client mindfulness and experience with barley. Many individuals are more acquainted with grains like wheat or rice and might be reluctant to attempt barley-based merchandise. Moreover, the gluten presence of grain restricts ingestion by individuals who have gluten bigotry or celiac infection, accordingly restricting its possible market.
  • Barley products can in some cases be more costly than different grains, which might distance cost delicate purchasers. In certain areas, an absence of a foundation for grain handling and conveyance can restrict the accessibility and openness of grain items. To resolve these issues, more schooling, item advancement, and market development techniques are expected to advance client acknowledgment, moderation, and accessibility of Barley products.

Opportunity

  • Barley has a major open door because of the expanded worldwide interest in sound and maintainable food choices. Its dietary substance and ecologically maintainable development go with it an engaging decision for well-being cognizant shoppers.
  • The developing fame of plant-based diets and elective grains opens up valuable open doors for barley-based items, giving adaptable fixings to plant-based feasts, for example, veggie burgers, grain bowls, and mixed greens. The formation of novel Barley-based tidbits, drinks, and useful food items likewise gives opportunities to exploit changing shopper tastes.
  • Investigating new commodity markets and creating global exchange barley products can likewise help to enhance income streams and work on the financial possibilities of grain-delivering areas. In general, the developing interest in sound, supportable, and plant-based food choices, as well as the examination of new business sectors and item advancements, presents the potential for barley products.

Major Development in the Barley Products Market

Report Highlights

Report Attributes Details
CAGR 4.730 %
Market Forecast (2029) USD 29.6 Bn
Current Market Size (2022) USD 23.52 Bn
Dominating Segment Food Industry
Major Players Profiled Bob’s Red Mill (US), Quaker Oats Company (United States), Kellogg Company (United States), Nestlé (Switzerland), Malteurop Group (France), Cargill, Incorporated (United States), Hain Celestial Group (United States), Muntons plc (UK), GrainCorp Limited (Australia), Bühler AG (Switzerland), Archer Daniels Midland Company (US)
Base Year 2022

 

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Restraints

  • Barley includes gluten, making it unseemly for individuals who are gluten narrow-minded or have celiac illness. This makes barley-based items difficult to reach to a huge portion of the populace.
  • The flavor and surface of Barley may not interest everybody, particularly individuals who are acquainted with different grains like rice or wheat. Barley products additionally require longer bubbling lengths than different grains, which might estrange time-crunched customers. The shortage of barley-based merchandise in certain locales or commercial centers might obstruct their take-up.
  • These limitations highlight the requirement for substitute grain choices as well as expanding familiarity with sans-gluten options to make grain items more comprehensive and interesting to a more extensive crowd.

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Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone:  +1 434 322 0091
[email protected]

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