In 2023, barley feed volume in Canada was 4.43 million metric tons. Forecasted data for 2024 shows a slight decrease to 4.42 million metric tons. A continuous minimal reduction in volume is expected, with 2025 at 4.41, 2026 at 4.4, 2027 at 4.39, and 2028 at 4.38 million metric tons. The trends show a gradual decline, indicating a CAGR of approximately -0.23% from 2024 to 2028.
Future trends to watch for in the barley feed market include:
- Impact of alternative feed grains on barley demand.
- Agricultural policy changes affecting barley production.
- Climate change impacts on barley crop yields.
- Technological advancements in crop production and feed efficiency.
