Millet Flour Market Growth Analysis, Trends, Share, Market Size And Forecast To 2033

The new report published by The Business Research Company, titled ""Millet Flour Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the millet flour market size has grown strongly in recent years. It will grow from $5.37 billion in 2023 to $5.83 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The millet flour market size is expected to see strong growth in the next few years. It will grow to $8.15 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%.

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Rising Demand For Healthy And Nutritious Food Products Drives Growth Of The Millet Flour Market
The increasing demand for healthy and nutritious food products is expected to propel the growth of the millet flour market going forward. Healthy and nutritious food products encompass a variety of whole foods rich in essential nutrients, vitamins, and minerals, supporting overall well-being and optimal health. The increasing demand for healthy and nutritious food products reflects a growing awareness and prioritization of personal health and well-being among consumers worldwide. Healthy and nutritious food products utilize millet flour for its gluten-free properties and nutrient-rich profile, contributing to diverse and wholesome dietary options. For instance, in May 2022, according to an online survey conducted by the International Food Information Council of 1,005 Americans ages 18 to 80., a US-based non-profit organization, 52% of Food and Health Survey participants followed a specific diet or eating pattern, up from 39% in 2021. The increased dieting has come primarily from consumers under the age of 50. The most common diets or eating patterns this year include clean eating (16%), mindful eating (14%), calorie counting (13%), and plant-based eating (12%). Therefore, increasing demand for healthy and nutritious food products will drive the millet flour market.

Revolutionizing The Bakery Industry With Millet Flour Innovations For Health-Conscious Consumers
Major companies operating in the millet flour market are adopting innovative millet flour bakery and patisserie mixes to meet the rising demand for gluten-free and nutritious baked goods, catering to health-conscious consumers worldwide. Millet flour enhances bakery and patisserie mixes by providing gluten-free alternatives with a nutritious profile, catering to dietary preferences and health-conscious consumers. In August 2023, PURATOS INDIA, an India-based bakery and confectionery manufacturer, launched millets-based products such as Easy Puravita Millet Bread Mix and Tegral Satin Millet Cake Mix. These innovations promote health benefits by substituting jaggery for refined sugar and eliminating both refined sugar and refined wheat flour (maida), catering to the increasing demand for vegan options in the food industry while being entirely plant-based.

The millet flour market covered in this report is segmented -

1) By Type: Sorghum Millet Flour, Proso Millet Flour, Pearl Millet Flour, Foxtail Millet Flour, Finger Millet Flour, Browntop Millet Flour, Barnyard Millet Flour, Little Millet Flour, Buckwheat Millet Flour, Other Types
2) By Nature: Organic, Conventional
3) By Application: Bakery And Confectionary, Sauces Dressings and Condiments, Snacks, Baby Food, Other Applications
4) By Distribution Channel: Direct Sales, Indirect Sales

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Major companies operating in the millet flour market are ITC Limited, Hain Celestial Group, Ardent Mills LLC, Vitacost.com Inc., Bob's Red Mill Natural Foods Inc., King Arthur Baking Company, Azure Standard, Raja Foods LLC, Hodgson Mill, Doves Farm, Pristine Organics Pvt. Ltd., Conscious Food Pvt. Ltd., Jiwa, Desi Foods LLC, Great River Organic Milling Co., Just Organik, Manna Foods, Native Food Store Pvt. Ltd., Organic Tattva, Rani Foods Inc.

Contents of the report:
1. Executive Summary
2. Millet Flour Market Report Structure
3. Millet Flour Market Trends And Strategies
4. Millet Flour Market - Macro Economic Scenario
5. Millet Flour Market Size And Growth
…..
27. Millet Flour Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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