In 2023, barley demand in India stood at 2.00 million metric tons. The forecast from 2024 to 2028 shows a steady growth in demand, rising from 2.03 million metric tons in 2024 to 2.17 million metric tons by 2028. Year-on-year variations indicate consistent growth around 2%. Remarkably, the compound annual growth rate (CAGR) over this period is approximately 1.7%.
Future trends to monitor include:
- Potential shifts in consumer preferences towards barley-based products, influenced by health trends.
- Impact of climate change and agricultural policies on barley production.
- Increasing demand from the beverage industry, notably in beer production.
