Food & Beverage Market Research News

Barley market to grow by 4.74% annually till 2022

Food & Beverage Market Research

The latest trend gaining momentum in the barley market is the growing demand and awareness about barley water. Barley water is rich in vitamins and antioxidants and aids in lowering cholesterol and controlling blood sugar levels.

The latest trend gaining momentum in the Barley market is the growing demand and awareness about barley water. Barley water is rich in vitamins and antioxidants and aids in lowering cholesterol and controlling blood sugar levels.

With the growing awareness about the consumption of barley water, the demand will increase at a fast pace during the forecast period and players will focus on introducing barley water in several flavors.

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With the growing awareness about the consumption of barley water, the demand will increase at a fast pace during the forecast period and players will focus on introducing barley water in several flavors.

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Key players in the global barley market: Cargill, Crisp Malting, GrainCorp, Grain Millers, Groupe Soufflet, and Maltexo. The analysts forecast the global barley market to grow at a CAGR of 4.74% during the period 2018-2022.

According to the barley market report, one of the major drivers for this market is the launch of packaged food and beverage products that contain barley as an ingredient. The food and beverage market has witnessed a rise in the number of new product launches in the recent years and several of these products use barley as an ingredient.

Owing to factors such as new product development, improved taste, and high levels of marketing support, the demand for food and beverage products will increase in the coming years fostering the growth of the barley market.

Further, the report states that one of the major factors hindering the growth of this market is the rising campaigns against alcohol consumption. Campaigns launched by various organizations against alcohol consumption in many countries several countries will hinder the growth of the market.

Owing to incidences of alcohol abuse and alcohol-related accidents, there is a rise in number of social organizations that launch campaigns against alcohol consumption. This will eventually reduce the consumption of alcohol, indirectly impacting market growth.

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