The Latin America barley market stands as a pivotal player in the global agricultural landscape, characterized by its dynamic and multifaceted significance. With its diverse climatic zones and fertile lands, the region has emerged as a significant contributor to the world barley’s production. In recent years, Latin America has showcased a consistent upward trajectory in barley cultivation, driven by factors such as increasing demand for malt-based beverages, expanding livestock feed industries, and favorable agriculture policies. This flourishing market not only underscores the region’s agricultural powers but also plays a crucial role in shaping international trade dynamics. Furthermore, Latin America’s strategic positioning has made it a pivotal supplier to both domestic and international markets. Nations like Argentina, Brazil, and Mexico have seen remarkable advancements in barley production, fostering growth and employment. With climate resilience and innovative practices, the market importance is set to grow, meeting global barley-derived product demands.
Coherent Market Insights estimates that the market for Latin America Barley Market is expected to increase to reach US$ 2.2 billion by 2027 at a compound growth rate (CAGR) of 3.5% over the forecast period (2019-2027).
Prominent Companies in the Latin America Barley Industry:
1. GrainCorp Limited
GrainCorp Limited, founded in 1916, is headquartered in Sydney, Australia. It operates in multiple countries including Australia, New Zealand, and the United Kingdom. Specializing in agribusiness, it is involved in grain trading, storage, and processing.
2. Malteurop Group
Malteurop Group, established in 1982, is headquartered in Reims, France. With a global presence in over 14 countries, it specializes in producing malt, a crucial ingredient in the brewing industry. In Latin America, Malteurop Group’s operations might involve sourcing barley, malting, and supplying malt to support the brewing and distilling sector in the region.
3. Soufflet Group
Soufflet group, founded in 1900, is headquartered in Nogent-sur-Seine, France. Operating in more than 25 countries, it specializes in various agri-food industries, including barley. Soufflet group’s expertise spans farming, malting, flour milling, and more. They play a crucial role in the Latin America Barley Market by contributing to the supply chain of malt for brewing and food production.
4. Crisp Malting
Crisp Malting, founded in 1870, is headquartered in Great Ryburgh, England. It specializes in malting barley and is recognized globally. Crisp Malting’s focus is on producing malt for the brewing industry. Their developments include enhancing malt quality and expanding their reach t cater to the Latin America Barley Market.
5. Muntons Plc.
Muntons Plc. was established in 1921 and is headquartered in Suffolk, United Kingdom. It specializes in malt production for the brewing, distilling, and food industries. While specific branches or subsidiaries aren’t readily available, Muntons operates globally. Its developments include advancements in sustainable malt production methods and expanding its market reach in Latin America through partnerships and supply agreements.
6. EverGrain
EverGrain, established in 2020, focuses on repurposing barley grains for sustainable food ingredients. Headquartered in St. Louis, Missouri, USA, with global reach, EverGrain’s expansion into the Latin America barley market could involve introducing barley-based products that align with local preferences, emphasizing sustainability, partnering with regional brands, and promoting health benefits while adhering to regulatory standards and customizing for local tastes.
*Definition – Latin America barley refers to barley cultivation in Central and South America, contributing to food, fed, and brewing industries regionally.
