The Asia Pacific Barley Flakes Market would witness market growth of 14.7% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 486.54 kilo tonnes, showcasing a growth of 11.6% (2020-2023).
Hypermarkets and supermarkets dominate the distribution of barley flakes, offering both conventional and organic options. These stores cater to a broad consumer base, providing a variety of brands and price ranges. Consumers benefit from competitive pricing, promotions, and easy access to multiple products in one place. The wide geographic presence of these retail giants ensures that barley flakes are accessible in both urban and suburban areas, contributing significantly to overall market sales. Therefore, by the year 2031, it is expected that 144.18 kilo tonnes of barley flakes would be sold through Hypermarkets and supermarkets in Japan.
The China market dominated the Asia Pacific Barley Flakes Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,635.3 million by 2031. The Japan market is experiencing a CAGR of 14% during (2024 - 2031). Additionally, The India market would exhibit a CAGR of 15.6% during (2024 - 2031).
Several factors have influenced the adoption of barley flakes. Increasing awareness about the importance of a healthy diet has led consumers to seek whole grains and high-fiber foods. Barley flakes fit well into this trend, being a rich source of dietary fiber, vitamins, and minerals. Their versatility in various culinary applications makes them attractive for home cooks and professional chefs. They can be easily incorporated into various recipes, from breakfast dishes to savoury meals.
Barley flakes offer convenience as they require minimal preparation. They can be quickly cooked or added to recipes, making them a time-saving option for busy consumers. Barley is a hardy crop that can be grown in various climates, making it a sustainable choice for food production. As consumers become more environmentally conscious, the demand for sustainable food options like barley flakes will likely increase. In many cultures, barley has been a staple food for centuries. The traditional use of barley in various cuisines continues to influence its adoption in modern diets.
Iin India, the number of individuals with diabetes was estimated at 77 million in 2019, with projections indicating this figure will surpass 134 million by 2045. This alarming rise in diabetes cases highlights the need for healthier dietary options. Barley flakes, known for their low glycemic index and benefits for blood sugar control, are becoming popular among health-conscious consumers. The increasing awareness of barley flakes' health benefits drives demand among those looking to manage or prevent diabetes, supporting significant market growth in India.
The awareness of the health benefits of barley flakes, such as improved digestion, heart health, and blood sugar management, is growing. The rising incidence of diabetes and heightened health consciousness in India drive the demand for barley flakes. The government's initiatives to promote healthy eating and the increasing availability of barley flakes in supermarkets and health food stores further support the market. Therefore, rising veganism in Australia and the growing prevalence of chronic diseases in India drive the market's growth.
Free Valuable Insights: The Global Barley Flakes Market is Predict to reach USD 20.9 Billion by 2031, at a CAGR of 14.1%
Based on Product, the market is segmented into Conventional and Organic. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Online, Convenience Stores, and Other Distribution Channels. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
By Product (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)
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