The barley feed market in Saudi Arabia has shown fluctuating trends over the past decade, reaching a value of 8.28 million metric tons in 2023. There were significant year-on-year changes, such as a drop of 11.89% in 2015 followed by a 27.37% increase in 2016. More stable growth is observed from 2018 onwards, with minor variations. The compound annual growth rate (CAGR) over the past five years stands at 0.99%, indicating consistent but slow growth.
Future forecasts suggest a stable increase, with the value expected to reach 8.38 million metric tons by 2028, reflecting a 5-year CAGR of 0.19%. This implies a steady, albeit slow, growth trajectory.
Future trends to watch for include potential impacts of climate change on feed crop yields, changes in livestock farming practices, and economic factors influencing feed demand.
