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Millet Snacks Market by Product, Size, Share, Growth, Opportunities and Research Report Forecast to 2031

08-03-2023 06:41 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Millet Snacks Market

Millet Snacks Market

The Millet Snacks Market report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐ฐ๐ข๐ญ๐ก ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.alliedmarketresearch.com/request-sample/17263

The millet snacks market was valued at $2.4 billion in 2021, and is estimated to reach $3.7 billion by 2031, growing at a CAGR of 4.9% from 2022 to 2031.

An increase in the use of millet seeds in snacks is fueling the growth of the global millet snacks market. The bland-tasting millet seeds are a healthy food grain with a long list of health advantages. Engaged stakeholders are attempting to include millet seeds in various sorts of snacks that will make it simpler for customers to eat millet in an effort to increase the popularity of millet consumption. Moreover, the increase in demand for healthy food is further boosting the growth of the millet snacks market size.

๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ข๐˜‚๐˜๐—น๐—ผ๐—ผ๐—ธ:

According to the millet snacks market analysis, the millet snacks market is segmented into type, age group, distribution channel, and region. By type, it is segregated into extruded products and bakery snacks. extruded products are further segmented into namkeen, noodles, chips, and others. On the basis of age group, the market is segmented into millennials, generation x, and baby boomers. Based on the distribution channel, the market is categorized into online and offline.

The offline segment was further studied through hypermarkets & supermarkets, specialty stores, convenience stores, departmental stores, and others. Based on region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Belgium, Russia and the Rest of Europe), Asia-Pacific (China, India, Japan, Australia, Indonesia and Rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia and Rest of LAMEA).

๐๐ฅ๐š๐œ๐ž ๐€ ๐ƒ๐ข๐ซ๐ž๐œ๐ญ ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐Ž๐ซ๐๐ž๐ซ ๐Ž๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐€๐ญ: https://www.alliedmarketresearch.com/checkout-final/f6d4ec8c1e4647a3b836256fae2f3a0e

๐‹๐ž๐š๐๐ข๐ง๐  ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

Milletsnacks.com,
Healthy Master,
orgtree,
Moon Food,
Urban Millets Pvt Ltd,
Nativefoodtore,
HiYou,
Cicer Food Products and Slurrp Farm.

By age group, the millennials segment accounted for a major share of the millet snacks market in 2021 and is expected to grow at a significant CAGR during the forecast period. The surge in the inclination of the millennial population for healthy food products and the rise in demand for convenience especially fast-food products are likely to propel the demand for millet snacks during the forecast period. Furthermore, an increase in awareness regarding plant-based food products among the millennial population is likely to boost the millet snacks market demand.

As per the distribution channel, the online segment is projected to grow at the highest CAGR growth rate during the forecast period, attributed to the availability of food products in online stores and other benefits such as doorstep delivery, convenient shopping facilities, and hassle-free payment gateway. Furthermore, most of the companies are opening their online stores and providing their products at discounted rates and other promotional coupons to sell their products which further boost the growth of the millet snacks market through the online segment during the forecast period.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐: https://www.alliedmarketresearch.com/request-for-customization/17263

Based on type, the extruded products segment accounted for more than four-fifths of the overall millet snacks market in 2021, and is likely to lead the trail by the end of 2031. However, the bakery snacks segment would cite the fastest CAGR of 5.7% throughout the forecast period.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐’๐ข๐ฆ๐ข๐ฅ๐š๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

Organic Snacks Market - https://www.alliedmarketresearch.com/organic-snacks-market

Refrigerated Snacks Market - https://www.alliedmarketresearch.com/refrigerated-snacks-market-A14320

Fermented Milk Market - https://www.alliedmarketresearch.com/fermented-milk-market-A05952

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

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help@alliedmarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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