Product Code: ETC097490 | Publication Date: Jun 2021 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Sri Lanka Barley Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 10.17% in 2027, following an initial rate of 7.65%, before easing to 7.40% at the end of the period.
Sri Lanka's Barley market is anticipated to experience a high growth rate of 10.17% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Sri Lanka Barley Market is a niche segment within the country`s agricultural industry. Barley is primarily used for animal feed production, particularly in the dairy sector. However, there is a growing trend towards utilizing barley for human consumption due to its nutritional benefits. The market is relatively small compared to other staple crops but is gradually gaining traction among health-conscious consumers. Sri Lanka primarily imports barley to meet its domestic demand, with Australia being a key supplier. The market is influenced by factors such as global trade policies, weather conditions affecting crop yields, and changing consumer preferences. Overall, the Sri Lanka Barley Market presents opportunities for growth, especially with increasing awareness about the health benefits of barley consumption.
The Sri Lanka barley market is witnessing a growing demand for barley-based products due to the increasing popularity of health and wellness trends among consumers. Barley is gaining traction as a versatile ingredient in various food and beverage applications, including brewing, baking, and as a nutritious grain in salads and soups. The rising awareness of the health benefits of barley, such as its high fiber content, vitamins, and minerals, is driving its consumption in the country. Additionally, the shift towards plant-based diets and the preference for natural and organic ingredients are further boosting the demand for barley products. With a focus on promoting sustainable agriculture and local produce, Sri Lanka is also seeing an increase in the cultivation of barley to cater to the growing market demand.
In the Sri Lanka barley market, there are several challenges that stakeholders face. Firstly, barley is not a commonly consumed grain in Sri Lanka, so there is a lack of awareness and demand among consumers. This leads to limited market opportunities for barley products. Additionally, the country`s hot and humid climate is not conducive to barley cultivation, resulting in lower yields and higher production costs. Importing barley adds to the overall cost, making barley-based products less competitive in the local market. Furthermore, the lack of infrastructure and support for barley farmers and producers hinders the growth of the market. Overcoming these challenges would require targeted marketing efforts to increase consumer awareness, research on alternative cultivation methods suitable for the climate, and government support to promote barley production and consumption.
In Sri Lanka, the barley market presents promising investment opportunities due to the increasing demand for barley-based products such as malt beverages, animal feed, and health foods. With a growing awareness of the health benefits of barley consumption, there is a rising trend in the use of barley in various food and beverage products. Investors can consider opportunities in barley cultivation and processing facilities to cater to the local demand. Additionally, there is potential for exports to neighboring countries where barley consumption is also on the rise. Collaborating with local farmers for barley sourcing, investing in modern processing technology, and developing innovative barley-based products could be lucrative strategies for investors looking to capitalize on the growing barley market in Sri Lanka.
The Sri Lankan government has implemented policies aimed at promoting domestic barley production and reducing reliance on imports. These policies include providing subsidies and support to local barley farmers to enhance production efficiency and increase yields. Additionally, the government has imposed tariffs and restrictions on barley imports to protect the domestic market and support local farmers. Regulations are in place to ensure quality standards are met for both domestic and imported barley products, with the aim of safeguarding consumer health and promoting fair competition in the market. Overall, the government`s policies in the Sri Lankan barley market are focused on achieving self-sufficiency, supporting local farmers, and ensuring a sustainable and competitive market environment.
The future outlook for the Sri Lanka Barley Market appears promising as the demand for barley continues to rise due to its increasing popularity in the food and beverage industry. The country`s growing health consciousness and preference for natural and nutritious ingredients are driving the consumption of barley-based products such as malt beverages, health foods, and animal feed. Additionally, the expanding livestock and poultry industries in Sri Lanka are expected to further boost the demand for barley as a key ingredient in animal feed formulations. With advancements in agricultural practices and government support for the cultivation of barley, the market is likely to witness steady growth and present opportunities for local farmers and international suppliers to capitalize on the rising demand for this versatile grain in Sri Lanka.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sri Lanka Barley Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Barley Market Revenues & Volume, 2021 & 2027F |
3.3 Sri Lanka Barley Market - Industry Life Cycle |
3.4 Sri Lanka Barley Market - Porter's Five Forces |
3.5 Sri Lanka Barley Market Revenues & Volume Share, By Type, 2021 & 2027F |
3.6 Sri Lanka Barley Market Revenues & Volume Share, By Grade, 2021 & 2027F |
3.7 Sri Lanka Barley Market Revenues & Volume Share, By Application, 2021 & 2027F |
3.8 Sri Lanka Barley Market Revenues & Volume Share, By Method of Cultivation, 2021 & 2027F |
4 Sri Lanka Barley Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Sri Lanka Barley Market Trends |
6 Sri Lanka Barley Market, By Types |
6.1 Sri Lanka Barley Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Barley Market Revenues & Volume, By Type, 2018 - 2027F |
6.1.3 Sri Lanka Barley Market Revenues & Volume, By Hulless, 2018 - 2027F |
6.1.4 Sri Lanka Barley Market Revenues & Volume, By Covered, 2018 - 2027F |
6.1.5 Sri Lanka Barley Market Revenues & Volume, By Six-Row Barley, 2018 - 2027F |
6.1.6 Sri Lanka Barley Market Revenues & Volume, By Two-Row Barley, 2018 - 2027F |
6.2 Sri Lanka Barley Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Barley Market Revenues & Volume, By Food Grade, 2018 - 2027F |
6.2.3 Sri Lanka Barley Market Revenues & Volume, By Malt Grade, 2018 - 2027F |
6.2.4 Sri Lanka Barley Market Revenues & Volume, By Feed Grade, 2018 - 2027F |
6.3 Sri Lanka Barley Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Sri Lanka Barley Market Revenues & Volume, By Animal Feed, 2018 - 2027F |
6.3.3 Sri Lanka Barley Market Revenues & Volume, By Food & Beverages, 2018 - 2027F |
6.3.4 Sri Lanka Barley Market Revenues & Volume, By Seed Industry, 2018 - 2027F |
6.3.5 Sri Lanka Barley Market Revenues & Volume, By Nutraceuticals, 2018 - 2027F |
6.3.6 Sri Lanka Barley Market Revenues & Volume, By Pharmaceuticals, 2018 - 2027F |
6.4 Sri Lanka Barley Market, By Method of Cultivation |
6.4.1 Overview and Analysis |
6.4.2 Sri Lanka Barley Market Revenues & Volume, By Organic, 2018 - 2027F |
6.4.3 Sri Lanka Barley Market Revenues & Volume, By Inorganic, 2018 - 2027F |
7 Sri Lanka Barley Market Import-Export Trade Statistics |
7.1 Sri Lanka Barley Market Export to Major Countries |
7.2 Sri Lanka Barley Market Imports from Major Countries |
8 Sri Lanka Barley Market Key Performance Indicators |
9 Sri Lanka Barley Market - Opportunity Assessment |
9.1 Sri Lanka Barley Market Opportunity Assessment, By Type, 2021 & 2027F |
9.2 Sri Lanka Barley Market Opportunity Assessment, By Grade, 2021 & 2027F |
9.3 Sri Lanka Barley Market Opportunity Assessment, By Application, 2021 & 2027F |
9.4 Sri Lanka Barley Market Opportunity Assessment, By Method of Cultivation, 2021 & 2027F |
10 Sri Lanka Barley Market - Competitive Landscape |
10.1 Sri Lanka Barley Market Revenue Share, By Companies, 2021 |
10.2 Sri Lanka Barley Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |