Press release
Millets Market Trends Estimates High Demand By 2027 – Just Organik, Earthon Products Pvt Ltd, Shimla Hills Offerings Pvt. Ltd., Pristine Organics Pvt Ltd
Millets Market 2027 evaluation of an enterprise is an important component for diverse stakeholders like traders, CEOs, buyers, providers, and others by The Insight Partners. The Millets industry research record is an id, which gives modern in addition to upcoming technical and economic details of the industry. Millets Market research file is an expert and in-depth take a look at the modern nation of this market.The millets market was valued at US$ 9,407.8 million in 2018 and is expected to grow at a CAGR of 4.6% from 2019 to 2027 to reach US$ 14,026.3 million by 2027.
Millets are small-seeded grasses widely grown across the world as cereal crops or grains for fodder and human food. Various types of millet crops such as sorghum, finger millet, pearl millet, barnyard millet, proso millet, and little millet are grown across the globe. These crops are grown in semiarid tropical regions as they are highly drought tolerant in nature. For centuries, millets have served as a major staple food in Asia and Africa. Millets are no gluten food and are rich in nutrients such as copper, magnesium, phosphorus, and manganese. The rich nutritional content in the millets helps in maintaining a healthy life. Millets are an ideal food for people suffering from chronic diseases such as diabetes and heart diseases. Millets are rich in fiber, which helps in digestion and can relieve bowel issues. Regular consumption of millets helps in preventing gastrointestinal problems and other diseases related to kidney and liver.Based on application, millets market is categorized into infant food, bakery product, breakfast foods, beverages, fodder, and others. In 2018, the breakfast foods segment dominated the market by accounting for 32.1% of the total market share. The largest share of the breakfast food segment is attributed to the increasing demand for fiber-rich and gluten-free food products among health-conscious consumers.
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Our report covers the critical market information considering the rapid progression & wide-ranging impacts of COVID-19 virus on the global economy, and help you understand which countries or business segments are likely to get most affected.
Few of the main competitors currently working are:
• Just Organik
• Earthon Products Pvt Ltd
• Shimla Hills Offerings Pvt. Ltd.
• Pristine Organics Pvt Ltd.
• Sresta Natural Bioproducts Pvt. Ltd.
• Dharani FaMCooP Ltd.
• Dharmapuri District Minor Millet Farmer Producer Company Limited
• Janadhanya
• Sahaja Samrudha Organic Producer Company Ltd (SSOPCL)
• Viruthai Millets Farmer Producer Company Ltd. (VMFPCL)
Europe is expected to grow at the highest CAGR of 5.4% during the forecast period. Several domestic and international companies have a strong foothold in North America. The western part of Europe is known for its better standards of living, with people displaying a higher income level. It is one of the wealthiest regions on the European continent, with per capita Gross Domestic Product (GDP) more than the other parts. The European consumer displays variations in preferences and reflects economic status, culinary practices, and consumption habits of different countries. Europe is a well-established and mature market for millets.
The global Millets market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Millets market players and offers key trends and opportunities in the market.
THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
• The report provides qualitative and quantitative trends of global Millets across product, application, distribution channel, and geography.
• The report starts with the key takeaways (chapter two), highlighting the key trends and outlook of the global Millets.
• Chapter three provides the research methodology of the study.
• Chapter four further provides ecosystem analysis along with PEST analysis for each region.
• Chapter five highlights the key industry dynamics in the Millets , including factors that are driving the market, prevailing deterrent, potential opportunities as well as future trends. Impact analysis of these drivers and restraints is also covered in this section.
• Chapter six discusses the global Millets scenario, in terms of historical market revenues, and forecast till the year 2027.
• Chapter seven to eleven discuss Millets segments by product, application, distribution channel, and geography across North America, Europe, Asia-Pacific, Middle East and Africa, South and Central America. They cover market revenue forecast, and factors driving and governing growth.
• Chapter twelve describes the industry landscape analysis. It provides detailed description of various business activities such as market initiatives, new developments, mergers and joint ventures globally along with a competitive landscape.
• Chapter thirteen provides the detailed profiles of the key companies operating in the global Millets . The companies have been profiled on the basis of their key facts, business description, products and services, financial overview, SWOT analysis, and key developments.
• Chapter fourteen, i.e. the appendix is inclusive of a brief overview of the company, glossary of terms, contact information, and the disclaimer section.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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