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Barley Flour Global market Report 2024 : Market Size, Trends, And Global Forecast 2024-2033
Barley Flour Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
The barley flour market size is expected to see strong growth in the next few years. It will grow to $1.75 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%.” - The Business Research Company
LONDON, GREATER LONDON, UNITED KINGDOM, September 4, 2024 /EINPresswire / -- The barley flour market has experienced robust growth in recent years, expanding from $1.32 billion in 2023 to $1.40 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to an increase in nutritious dietary choices, rising e-commerce, rising fiber-rich products, rising beta-glucan products, and increasing organic barley flour.
What Is The Estimated Market Size Of The Global Barley Flour Market And Its Annual Growth Rate?
The barley flour market is projected to continue its strong growth, reaching $1.75 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to increasing gluten-free products, rising consumption of whole grains, increasing grocery shopping, increasing plant-based diets, and increasing demand for paleo food.
Explore Comprehensive Insights Into The Global Barley Flour Market With A Detailed Sample Report:
Growth Driver Of The Barley Flour Market
The increase in convenience foods is expected to propel the growth of the barley flour market going forward. Convenience foods are pre-packaged or pre-prepared foods designed for quick and easy consumption with minimal preparation time and are typically ready-to-eat or require simple steps such as heating or mixing, catering to busy lifestyles. The growing demand for convenience foods is due to busy lifestyles, a lack of time for cooking, and the desire for quick, easy meal solutions. Barley flour is increasingly used in convenience foods due to its health benefits and ability to enhance food structure, improve the nutritional profile, and shift consumption towards healthier, more nutritious foods with added health benefits.
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Which Market Players Are Driving the Barley Flour Market Growth?
Key players in the barley flour market include Soufflet Group, Axereal Group, Richardson International Limited, Ireks Gmbh, Ardent Mills, Simpsons Malt, Grain Millers Inc., Bob's Red Mill, Azure Standard, Briess Malt & Ingredients Co., Maltexco S.A., King Arthur Flour, Malt Products Corp., Crisp Malting Group.
What Are the Emerging Trends Shaping the Barley Flour Market Overview?
Major companies operating in the barley flour market are concentrating on product advancements such as introducing fortified barley flour to achieve a competitive edge. Fortified barley flour is enriched with essential vitamins and minerals, improving its nutritional profile and making it a healthier alternative to traditional flour.
How Is The Global Barley Flour Market Segmented?
1) By Product: Organic, Conventional
2) By Distribution Channel: Business To Business (B2B), Business To Consumer (B2C)
3) By Application: Household, Commercial, Other Applications
Geographical Insights: Europe Leading The Barley Flour Market
Europe was the largest region in the barley flour market in 2023. The regions covered in the barley flour market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Barley Flour Market Definition
Barley flour is a type of flour made from ground whole barley grains. It is known for its nutty flavor, high fiber content, and rich nutritional profile, including essential vitamins and minerals. Barley flour is often used in baking and cooking to add texture and nutritional value to breads, pastries, and other food products. Barley flour is commonly used as a substitute for traditional wheat flour in various baking recipes and food products.
Barley Flour Global Market Report 2024 from TBRC covers the following information:
.Market size data for the forecast period: Historical and Future
.Macroeconomic factors affecting the market in the short and long run
.Analysis of the macro and micro economic factors that have affected the market in the past five years
.Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
.Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
An overview of the global barley flour market report covering trends, opportunities, strategies, and more
The Barley Flour Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on barley flour market size , barley flour market drivers and trends, barley flour market major players, barley flour competitors' revenues, barley flour market positioning, and barley flour market growth across geographies. The barley flour market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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What Does The Business Research Company Do?
The Business Research Company publishes over 15,000 reports across 27 industries and 60+ geographies. Our research is powered by 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. We provide continuous and custom research services, offering a range of specialized packages tailored to your needs, including Market Entry Research Package, Competitor Tracking Package, Supplier & Distributor Package, and much more.
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Oliver Guirdham
The Business Research Company
+44 20 7193 0708
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