Barley,
a versatile, cereal grain that has a rich, nutlike flavor. The chewy
consistency of the grain lends it a pasta-like appeal. The appearance
of barley is akin to wheat berries, only a little lighter in color.
When sprouted, barley is naturally very high in maltose. This sugar
acts as the base for malt as well as syrup sweetener. When barley is
fermented, it makes for a suitable ingredient in beer and numerous
other alcoholic beverages. Over the years, several scientific studies
have established that barley can help mitigate the risk of diseases
and lend other health benefits.
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Barley
provides many of the healthy vitamins and minerals that other whole
grains do. It is also an important source of carbohydrates, vitamin
C, fatty oils, and proteins. This makes it an ingredient with several
uses in the food industry. Traditionally, was primarily used as a
food grain but its other uses as a natural sweetener and a brewing
ingredient became known. Today, barley malt is extensively used for
producing alcoholic beverages.
Global
Barley Market: Drivers and Restraints
An
uptick in the demand for barley malt for the manufacture of alcoholic
beverages is acting as a high-impact driver for the global barley
market. This market is also propelled by the heightened demand for
different kinds of convenience food products, emerging applications
in the F&B industry, clean label trends, and an escalating demand
for natural ingredients.
With
consumers becoming more health conscious, they are cutting back on
the consumption of alcohol and spirits, which is causing an adverse
impact on the demand for barley malt. This has hampered the overall
demand for barley, tugging the market in the downward direction.
Moreover, there are other negative factors at play in the global
barley market. These include: declining soil fertility, pest and
disease infestation, and drastic changes in the climate. All of these
have affected barley yields.
Global
Barley Market: Segmentation
The
global
barley market can be segmented based on grade, type, application
end use, and the method of barley cultivation. Based on type, the
barley market can be segmented as hulless, covered, six-row barley,
and two-row barley. Basis grade, the market for barley can be
segmented into food grade, malt grade, and feed grade. Likewise, on
the basis of application, this market can be segmented into: animal
feed, food & beverages, seed industry, nutraceuticals, and
pharmaceuticals. Similarly, based on the method of cultivation,
barley beans have been segmented as organic and inorganic.
Barley
Market: Region Wise Outlook
Geographically,
the market for barley can be segmented into seven regions: Latin
America, North America, Eastern Europe, Western Europe, Asia Pacific
excluding Japan (APEJ), Japan, and the Middle East and Africa (MEA).
As
of crop year 2014-15, Australia stood as the leading producer of
barley in the world. Its key trading partner was identified as China.
The former supplied a major share of its barley produce to China.
Besides China, Australia exported appreciable volume of barley in
2014 to Saudi Arabia, Japan, Kuwait, and the United Arab Emirates.
France and Ukraine were also ranked among the leading suppliers of
barley worldwide in 2014.
Barley
Market: Key Players
Among
the key players that operate across the barley market value chain
are: Cargill, Incorporated, Axereal Group, Malteurop Group, Grain
crop Limited, Crisp Malting Group, Soufflet Group, Ireks Gmbh, Global
Malt Gmbh & Co. Kg, and Muntons Plc.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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