The global barley flakes market is estimated to surpass US$ 9,382.1 million by the end of 2028 in terms of revenue, exhibiting a CAGR of 4.20% during the forecast period (2021 to 2028).
Among regions, Europe held dominant position in the global barley flakes market in 2020, accounting for 34.23% market share, in terms of revenue, followed by Asia Pacific and North America.
Figure 1. Global Barley Flakes Market Revenue Share (%), By Region, 2020
Market Trends
The rising prevalence of chronic diseases such as high blood pressure, diabetes, and cardiovascular diseases has fuelled the demand for barley-based flakes in daily meals. Barley itself is a rich source of soluble fibre beta-glycan, which helps to promote the absorption of the nutrients in the human body. This helps to lower the bad cholesterol and blood sugar level of the body as well as increase the good bacteria, which helps in improving the digestive system of the human body.
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