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Barley Market Size
- Report ID: GMI6829
- Published Date: Sep 2023
- Report Format: PDF
Barley Market Size
Barley Market size was valued at USD 50.93 million in 2023 and is anticipated to register a CAGR of over 3.6% between 2024 and 2032, led by increasing demand for animal feed, barley's 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.
Additionally, the craft brewing industry has also played a pivotal role in driving the barley market's growth. Barley is an essential ingredient in beer production, and the demand for high-quality barley from craft brewers has surged, contributing to increased barley sales, particularly among specialty barley varieties used for brewing.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Barley Market Size in 2023: | USD 50.93 Million |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 3.6% |
| 2032 Value Projection: | USD 69.97 Million |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 180 |
| Tables, Charts & Figures: | 152 |
| Segments covered: | Type, application, distribution channel |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Barley Market Scope
