Press release
Pearl Millets to Remain Most Preferred Products in the Global Millets Market - Fact.MR Study
Millets Market
The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.
The report offers actionable and valuable market insights of Millets. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Millets Market across various industries and regions.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Millets market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Millets
This newly published and insightful report sheds light on Market Insights of Millets, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Millets Market.
Market Taxonomy
Region
North America
Latin America
Europe
Japan
APEJ
MEA
Product Type
Pearl Millet
Finger Millet
Proso Millet
Foxtail Millet
Others (Japanese barnyard millet, Kodo millet, etc.)
Application
Flour
Direct Consumption
Bakery products
Alcoholic Beverages
Non Alcoholic Beverages
Breakfast Foods
Fodder
Other Application
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(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)
With its properties such as high productivity in dry and hot climatic conditions, millets are becoming a favored crop across the globe. Several companies in the market are conducting programs for providing farmers with knowledge and sources to increase millet cultivation. This report, published by Fact.MR, provides in-depth analysis of the global millets market for the forecast period 2017-2022, and offers key insights about future market direction.
Scope
The scope of Fact.MR’s report is to analyze the global millets market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Millet manufacturers, stakeholders, and suppliers in the global food & beverage sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to millets.
Summary
The report commences with a brief information of the global millets market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global millets market.
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Overview
The next section offers an overview of the global millets market. This comprises an introduction to the market, along with a standard definition of the product – millets. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.
The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.
In order to offer readers with up-to-date information about the latest advancements in the global millets market, the report provides updates about market opportunities, which can benefit leading manufacturers of millets. With continuous evolution of the food & beverage sector, keeping a record of latest developments and trends is fundamental for millets manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.
Considering the wide scope of the global millets market and to offer in-depth insights, Fact.MR’s report provides segment-wise analysis and forecast. The millets market has been categorized on the basis of product type, distribution channel, application, and region. This segmentation analysis is comprehensive, coupled with a detailed country-wise forecast provided on all parameters.
The report’s last section comprises of the global millets market competitive landscape, to provide readers with the dashboard view of company analysis and market players. This competitive intelligence is based on the providers’ categories across value chain, and their presence in the global millets market.
North America to Account for Largest Revenue Share of Global Millets Market during 2017 to 2022
Millets are gaining immense traction in North American regions owing to their hypoglycemic and gluten-free properties. Sales of millets in North America is projected to account for the largest revenue share of the global millet market during 2017 to 2022. APEJ will continue to stick to its position of being the second most lucrative market for millets.
All types of millets are basically cultivated in APEJ countries such as India and China. India is a major producer of pearl millet, primarily cultivated in the north-western states of the country. In addition, China is the predominant producer of foxtail millet.
Europe is also an attractive market for millets, with sales forecast to account for revenues worth US$ 3,500 Mn approximately. The market for millets in Europe and APEJ will register a parallel expansion through 2022. Revenues from the market for millet in Middle East & Africa (MEA) and Latin America will remain relatively lower than that from other regions, however sales of millets in Latin America will register a relatively faster expansion than in North America, Japan and MEA through 2022.
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Key Question answered in the survey of Millets market report:
Sales and Demand of Millets
Growth of Millets Market
Market Analysis of Millets
Market Insights of Millets
Key Drivers Impacting the Millets market
Which are the Key drivers impacted by Millets market
Restraints Shaping Market Growth
Market Survey of Millets
More Valuable Insights on Millets Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Millets, Sales and Demand of Millets, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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