Barley is used as an ingredient in various health foods, cereal products, and processed foods and with the growing health awareness and changing consumer lifestyle the demand for barley in on a fast pace.
LONDON: The procurement research report on the barley market is an indispensable part of SpendEdge’s agro commodities and raw materials category portfolio and offers an in-depth assessment of the key factors influencing the supply market, procurement decisions, pricing models, and procurement best practices. Furthermore, it also offers an in-depth analysis of the supply chain management, key market developments, and demand-supply shifts to help sourcing and procurement experts make smart procurement decisions.
The demand for malted barley from the beer brewing industry is expected to be a major growth driver for this market during the forecast period. One of the major reason behind this demand is the growing craft beer industry which is driving the demand for the market under focus, especially in countries such as the US and other western countries.
“To mitigate risks such as inflexibility in buyer-supplier relationships and interruptions in product delivery due to capacity and production constraints of suppliers purchasing managers prefer to engage with multiple suppliers,” says A Kowshik, an agro commodities and raw materials industry procurement research specialist at SpendEdge.
Purchasing managers find it challenging to obtain barley that matches the requirements for end products such as malted barley. This has resulted in increased transportation and shipping costs for purchasing managers to source quality products.
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