Millets Market Overview by Type, Technological Advancements & Forecast to 2026

Global millets market is expected to rise from its estimated value by registering steady CAGR of 4.75% in the forecast period of 2019-2026. Increasing population is the major growth factor for the growth of this market.

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Global Millets Market By Product (Organic, Regular), Application (Infant Food, Bakery Products, Beverages, Breakfast Food, Fodder), Distribution Channel (Trade Associations, Supermarket, Traditional Grocery Stores, Online Stores), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026

Complete report on Global Millets Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures

Market Definition: Global Millets Market

Millet is a variety of small-seeded grasses which are widely grown around the world as cereal crops for fodder and human food. A large volume of millet produced, is to be consumed and the remaining is used to produce beer, infant food and breakfast. It is a widely used to make breakfast products such as flakes and cereals. Millet beer is popular in African culture. The mostly grown millet is pearl millet. It is an important crop in India and parts of Africa. Millets are rich in of protein, fiber, vitamins and minerals.

Key Questions Answered in Global Millets Market Report:-

Our Report offers:-

o What will the market growth rate, Overview and Analysis by Type of Global Millets Market in 2026?

o What are the key factors driving, Analysis by Applications and Countries Global Millets Market?

o What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Millets Market?

o Who are Opportunities, Risk and Driving Force of Global Millets Market?

o Who are the opportunities and threats faced by the vendors in Global Millets Market? Business Overview by Type, Applications, Gross Margin and Market Share

o What are the Global Millets Market opportunities, market risk and market overview of the Market?

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Top Key Players:

Sresta Natural Bioproducts Pvt Ltd, Janadhanya, IndiaMART InterMESH Ltd, Archer Daniels Midland Company, Cargill,Incorporated, Bayer AG, Seedway, LLC, DuPont de Nemours, Inc., BrettYoung, Ernst Conservation Seeds, Roundstone, Just Organik, Rich Millet, Kottaram Agro Foods Pvt Ltd, OceanWP Theme and Pramoda Exim Corporation among others.

Market Drivers:

o Rising unsustainable nature of rice and wheat production will boost the growth of the market
o Increasing awareness in people about the health benefits related with millets consumption is a driver for the market
o High demand of fibrous food for breakfast meals and high gluten free food consumption is driving the growth of the market
o Growing online e-commerce sites owned by either retailers or processors will propel the market growth

Market Restraints:

o Short shelf life of millets will hamper the market growth
o High prices as compared to largely consumed grains is restraining the growth of the market

Key Developments in the Market:

In April, 2018, Agri-business firm Syngenta sold some part of its seed business to Crystal Crop Protection for an unsaid amount. Syngenta is investing in the pearl-millet, sorghum and fodder business to have an attention and synergy to enlarge its field crop and vegetable seeds policies. After this acquisition of seeds from Syngenta, the company strengthened their seed portfolio
In August, 2016, Indian state of Karnataka took initiative to promote millets by developing products and branding of Karnataka ragi (finger millet). The government of Karnataka will collaborate with the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) and Indian Institute of Millets Research (IIMR) to get powerful support from the industry

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Market Segmentations:

Global Millets Market is segmented on the basis of
o Product
o Application
o Distribution Channel
o Geography

Market Segmentations in Details:

By Product
o Organic
o Pearl
o Finger
o Proso
o Foxtail
o Regular
o Pearl
o Finger
o Proso
o Foxtail

By Application
o Infant Food
o Bakery Products
o Beverages
o Alcoholic
o Non-Alcoholic
o Breakfast Fodder
o Fodder

By Distribution Channel
o Trade Associations
o Supermarket
o Traditional Grocery Stores
o Online Stores

By Geography

North America
o U.S.
o Canada,
o Mexico

Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe

Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia Pacific

South America
o Brazil
o Rest of South America

Middle East & Africa
o South Africa
o Saudi Arabia
o UAE
o Rest of MEA

Competitive Analysis: Global Millets Market

Global millets market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of millets market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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