Latin America Barley Market 2017–2027

Barley is one most common grains widely consumed across Americans. It has little chewy consistency and a slightly nutty flavor that expand its application across many dishes. It is rich in nutrients and has other health benefits such as improve digestion, weight loss, manage cholesterol level, and promote healthy functioning of the heart. Consumption of barley helps in reducing hunger and promote the feeling of fullness which ultimately contributed to the loss of weight. Furthermore, it also helps in reducing the chances of gall stones.

The Latin America barley market is projected to reach US$ 2.2 billion by the end of 2027, in terms of revenue, growing at CAGR of 3.5% during the forecast period (2019 to 2027).

Drivers

Rising demand for clean label products due to shifting preferences of consumer towards natural and organic food is projected to foster the market growth of barley. Manufacture in the region are focusing on introducing clean label products by using all the natural ingredients owing to strict government rules and regulations on the usage of food additives are further projected to foster the market growth of barely in Latin America.

Easy availability of Barley in the region as it is commonly grown food in Latin America is expected to propel the market growth of the barley over the forecast period. Due to its various health benefits, its production is not restricted to a particular type or grade and the range of species is claimed to adapt in all climatic conditions. This factor makes the cultivation of grains economical in the region. Therefore, this factor is expected to propel the market growth over the forecast timeframe. 

Among countries, Argentina dominated the Latin America barley market in 2018, accounting for 41.3% market share in terms of revenue, followed by Mexico and Brazil, respectively

Figure 1. Latin America Barley Market, Revenue Share (%), By Country, 2018

Latin America Barley  | Coherent Market Insights

Market Restraints

Easy availability of substitute of barley with the same characteristic as a shortage of these grains can be fulfilled by other types of grains such as rice is expected to restrict the market growth of the barley. However, the substitute for barley do not possess the same nutritional value as compared to barley but they can be used during the shortage of barley. This factor is expected to hinder the market growth over the forecast period.

Rising shortage of malt due to increasing usage of barley in breweries as malt is an essential raw material in the production of gluten-free beer is expected to restrict the market growth of barley in Latin America. For instance, around 75%–78% of the total barley malt produced globally is used by brewing industries, and hence a moderate volume remains for other applications such as pharmaceuticals, bakery, food, and distillery applications. This factor is expected to hamper the market growth of barley.

Market Opportunities

Increasing usage of barley in the production of alcoholic and non-alcoholic drinks due to its health benefits is expected to open new doors of opportunity. Moreover, barley is also used in the food industry as a source of vitamin, proteins, and carbohydrate for the preparation of salad dressing, soups, bakery products, and other cuisines. Furthermore, barely is also used in the animal feed due to its high-nutritional value and clean label products are projected to foster the market growth of Latin America barley market.

Growing application of barley in the production of medicine for treating blood sugar level, blood pressure and cholesterol level is expected to propel the market growth. Moreover, it is also used to produce medicine for diarrhea, stomach pain and inflammatory disease. Furthermore, barley is also applied to the skin for treating skin related problem such as boil which is also expected to raise the market growth of the barley over the forecast period.

Figure 2. Latin America Barley – Market Opportunity Analysis

Latin America Barley  | Coherent Market Insights

On the basis of product type, in 2018, barley malt accounted the largest market share of 36.8% in terms of revenue, followed by whole grain barley and barley flour, respectively. Barley malt dominated this segment owing to the rise in demand for healthy malt based alcoholic beverages among consumers.

Figure 3. Latin America Barley Market, Revenue Share (%), By Application, in 2018

Latin America Barley  | Coherent Market Insights

Key Takeaways

 

The increasing trend of "better for you" among manufacturer is encouraging them to launch enhanced natural ingredient based food products is expected to fuel the market growth of the barley. For instance, in February 2015, Döhler introduced gluten-free barely extract for bakery products and showcased at ISM/ProSweet in 2015. Hence, this trend is expected to augment the market growth of Latin America barley market. Moreover, barley is also gaining traction in a food product for children due to its high fiber content, which is also expected to propel the market growth.

Rising research programs by a scientist for improving the production of seed varieties and to increase the production of barley is expected to fuel market growth over the forecast period. For instance, in May 2016, The Holetta Agricultural Research Center and International Center for Agricultural Research in the Dry Areas (ICARDA) worked in collaboration and launched two varieties – HB1963 and HB1964 – these varieties yield three-times that of regular varieties.

Figure 4. Latin America Barley Market –Value Chain Analysis

Latin America Barley  | Coherent Market Insights

Competitive Section:

Key players functioning in the Latin America barley market are Grain crop Limited, Malteurop Group, Soufflet Group, Crisp Malting Group, Global Malt Gmbh & Co. Kg, Ireks Gmbh, Muntons Plc, Maltexco S.A., Grain Millers, Inc, EverGrain, Malt Products Corporation, and Briess Malt & Ingredients Co

Few Recent Developments

Muntons plc 

  • In 2015, the company in conjunction with Dewing Grain, an England-based company, signed a three-year contract with participating farmers, with the objective to ensure supply of good quality winter malting barley

Barley is a cereal grain which is a very rich source of nutrients and fiber. It is used as an ingredient in a variety of food products and as a brewing agent in alcoholic and non-alcoholic beverages. In Latin America, Barley grain is cultivated abundantly in Latin America, especially in countries such as Argentina, Mexico, Uruguay, Brazil and Peru. The changes in consumer preferences towards consumption of products with high nutritional content is anticipated to fuel the market growth in forthcoming years.

Market Dynamics

The surge in demand for malted barley based beverages, especially developing regions, is expected to propel the market growth in upcoming years. Malted barley is considered as a good sources of dietary fiber, protein and manganese. Moreover, it has a low cholesterol and fat content as a result of which it widely preferred among health conscious customers. Companies are focused on developing improved variety of seeds to increase production yields.

Latin America Barley market is driven by factors, such as rising awareness for nutritional benefits of cereal based products. Barley is available in different forms such as flour, malt as well as whole grain and is widely used as a feed product. It has provides diverse range of dietary benefits as it is abundant in natural sugars such as maltose and beta-glucan.  For instance, barley helps to control glucose absorption, reduces cholesterol along with maintaining level of blood sugar.

Key features of the study:

  • This report provides in-depth analysis of Latin America Barley market size (US$ Billion and Kilo Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the Latin America Barley market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Grain crop Limited, Malteurop Group, Soufflet Group, Crisp Malting, Global Malt Gmbh & Co. Kg, Ireks Gmbh, Muntons Plc, Maltexco S.A., Grain Millers, Inc, EverGrain, Malt Products Corporation, and Briess Malt & Ingredients
  • Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
  • The Latin America Barley Market report caters to various stakeholders in this industry including investors, suppliers, Latin America Barley manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analysing the Latin America Barley market

Detailed Segmentation:

  • Latin America Barley Market, By Product type :
    • Pearl Barley
    • Barley Flour
    • Barley Flakes
    • Barley Grits
    • Barley Malt
    • Whole Grain Barley
  • Latin America Barley Market, By Grade :
    • Malt Grade
      • Standard
      • Specialty
    • Food Grade
    • Feed Grade 
    • Pharmaceutical Grade 
    • Cosmetic Grade
  • Latin America Barley Market, By Application :
    • Alcoholic Beverages
    • Non Alcoholic Beverages
    • Food Industry
    • Pharmaceuticals (Supplements)
    • Animal Feed
    • Personal Care Products
  • Latin America Barley Market, By Country:
    • Argentina
      • By Product type
        • Pearl Barley
        • Barley Flour
        • Barley Flakes
        • Barley Grits
        • Barley Malt
        • Whole Grain Barley
      • By Grade
        • Malt Grade
          • Standard
          • Specialty
        • Food Grade
        • Feed Grade 
        • Pharmaceutical Grade 
        • Cosmetic Grade
      • By Application
        • Alcoholic Beverages
        • Non Alcoholic Beverages
        • Food Industry
        • Pharmaceuticals (Supplements)
        • Animal Feed
        • Personal Care Products
    • Mexico
      • By Product type
        • Pearl Barley
        • Barley Flour
        • Barley Flakes
        • Barley Grits
        • Barley Malt
        • Whole Grain Barley
      • By Grade
        • Malt Grade
          • Standard
          • Specialty
        • Food Grade
        • Feed Grade 
        • Pharmaceutical Grade 
        • Cosmetic Grade
      • By Application
        • Alcoholic Beverages
        • Non Alcoholic Beverages
        • Food Industry
        • Pharmaceuticals (Supplements)
        • Animal Feed
        • Personal Care Products
    • Brazil
      • By Product type
        • Pearl Barley
        • Barley Flour
        • Barley Flakes
        • Barley Grits
        • Barley Malt
        • Whole Grain Barley
      • By Grade
        • Malt Grade
          • Standard
          • Specialty
        • Food Grade
        • Feed Grade 
        • Pharmaceutical Grade 
        • Cosmetic Grade
      • By Application
        • Alcoholic Beverages
        • Non Alcoholic Beverages
        • Food Industry
        • Pharmaceuticals (Supplements)
        • Animal Feed
        • Personal Care Products
    • Rest of Latin America
      • By Product type
        • Pearl Barley
        • Barley Flour
        • Barley Flakes
        • Barley Grits
        • Barley Malt
        • Whole Grain Barley
      • By Grade
        • Malt Grade
        • Standard
        • Specialty
        • Food Grade
        • Feed Grade 
        • Pharmaceutical Grade 
        • Cosmetic Grade
      • By Application
        • Alcoholic Beverages
        • Non Alcoholic Beverages
        • Food Industry
        • Pharmaceuticals (Supplements)
        • Animal Feed
        • Personal Care Products
  • Company Profiles
    • Grain crop Limited
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Malteurop Group
    • Soufflet Group
    • Crisp Malting
    • GlobalMalt Gmbh & Co. Kg
    • Muntons Plc
    • Maltexco S.A.
    • Grain Millers, Inc.
    • EverGrain
    • Malt Products Corporation
    • Briess Malt & Ingredients

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product type
      • Market Snippet, By Grade
      • Market Snippet, By Application
      • Market Snippet, By Country
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • PEST Analysis
      • PORTER’s Analysis
      • New Product type Approvals/Launch
      • Promotion and Marketing Initiatives
  4. Latin America Barley market, By Product type, 2017 - 2027 (US$ Billion and Kilo Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
        • Pearl Barley
        • Barley Flour
        • Barley Flakes
        • Barley Grits
        • Barley Malt
        • Whole Grain Barley
  5. Latin America Barley market, By Grade, 2017- 2027 (US$ Billion and Kilo Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
        • Malt Grade
          • Standard
          • Specialty
        • Food Grade
        • Feed Grade 
        • Pharmaceutical Grade 
        • Cosmetic Grade
  6. Latin America Barley market, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
        • Alcoholic Beverages
        • Non Alcoholic Beverages
        • Food Industry
        • Pharmaceuticals (Supplements)
        • Animal Feed
        • Personal Care Product types
  7. Latin America Barley market, By Country, 2017- 2027 (US$ Billion and Kilo Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
    • Argentina
      • Country Trends
      • Market Size and Forecast, By Product type, 2017- 2027 (US$ Billion and Kilo Tons)
      • Market Size and Forecast, By Grade, 2017- 2027 (US$ Billion and Kilo Tons)
      • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
    • Mexico
      • Country Trends
      • Market Size and Forecast, By Product type, 2017- 2027 (US$ Billion and Kilo Tons)
      • Market Size and Forecast, By Grade, 2017- 2027 (US$ Billion and Kilo Tons)
      • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
    • Brazil
      • Country Trends
      • Market Size and Forecast, By Product type, 2017- 2027 (US$ Billion and Kilo Tons)
      • Market Size and Forecast, By Grade, 2017- 2027 (US$ Billion and Kilo Tons)
      • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
    • Rest of Latin America
      • Country Trends
      • Market Size and Forecast, By Product type, 2017- 2027 (US$ Billion and Kilo Tons)
      • Market Size and Forecast, By Grade, 2017- 2027 (US$ Billion and Kilo Tons)
      • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
  8. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • Grain crop Limited
        • Company Overview
        • Product type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Malteurop Group
        • Company Overview
        • Product type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Soufflet Group
        • Company Overview
        • Product type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Crisp Malting
        • Company Overview
        • Product type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • GlobalMalt Gmbh & Co. Kg
        • Company Overview
        • Product type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Ireks Gmbh
        • Company Overview
        • Product type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Muntons Plc
        • Company Overview
        • Product type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Maltexco S.A.
        • Company Overview
        • Product type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Grain Millers, Inc.
        • Company Overview
        • Product type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • EverGrain
        • Company Overview
        • Product type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Malt Product types Corporation
        • Company Overview
        • Product type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Briess Malt & Ingredients
        • Company Overview
        • Product type Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 30 market data tables* and 25 figures* on “Latin America Barley market” – forecast to 2027.