Millets Global Market Worth $14.39 Billion By 2028 Rapid Growth Predicted CAGR of 5.4% | Cargill Inc., Nestle S.A., Grain Millers Inc., Woodland Foods, Eden Foods Inc.

"The new report published by The Business Research Company, titled Millets 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 millets market size has grown strongly in recent years. It will grow from $10.99 billion in 2023 to $11.67 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The millets market size is expected to see strong growth in the next few years. It will grow to $14.39 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%.

Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=12961&type=smp

Rising Obesity-Related Health Concerns Propel Millets Market Growth
The growing number of obesity-related problems is expected to propel the growth of the millets market. Obesity refers to a range of health issues that can arise from excessive body fat. Obesity-related disorders occur when the body cannot burn body fat through physical activity and exercise. Millets are high in critical vitamins and minerals, which can improve overall health and well-being, in addition to weight management and lowering obesity-related disorders. For instance, according to the World Obesity Atlas 2022, published by the World Obesity Federation, a UK-based non-profit organization, one billion people globally, including 1 in 5 women and 1 in 7 men, will be living with obesity by 2030. It will increase to 4 billion people, or 51% of the global population, living either overweight or obese by 2035. Therefore, the growing number of obesity-related problems is driving the growth of the millet market.

Strategic Investments Drive Growth And Innovation In The Millet Market
Companies operating in the millet market are investing and identifying opportunities within the food industry to create or promote products to sustain their position in the market. Investment in millets is required to support market growth, address climate and food security problems and encourage millets' health benefits. For instance, in February 2022, Wholsum Foods Pvt. Ltd., an India-based food startup, raised $7 million to expand millet-based offerings and the investment will help Wholsum Foods achieve its mission of making millets more accessible and appealing to consumers. Furthermore, in March 2023, Ivar Agro, an India-based food startup, invested 27.5 million (200 crores) to set up a millet-based food products project in Uttarakhand. The project is expected to be completed by 2024 and will have a monthly production capacity of 1,000 metric tons of millet-based products, including biscuits, cookies and flour.

The millets market covered in this report is segmented -
1) By Product Type: Pearl Millet; Foxtail Millet; Sorghum; Finger Millet; Other Products
2) By Distribution Channel: Trade Associations; Supermarkets; Grocery Stores; Online Platforms; Other Distribution Channels
3) By End Use: Ready To Eat Food; Direct Consumption; Bakery Products; Alcoholic Beverages; Non-Alcoholic Beverages; Breakfast Foods; Fodder

Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=12961&type=discount

Major players in the millets market are Cargill Inc., Nestle S.A., Archer Daniels Midland Company, Bayer Crop Science AG, E.I. DuPont De Nemours and Company, Glanbia Nutritionals Inc., Warburtons Ltd., Bobs Red Mill UK Ltd., Bay State Milling Company, Grain Millers Inc., Woodland Foods, Eden Foods Inc., Sresta Natural Bioproducts Pvt. Ltd., Ernst Conservation Seeds, Sydler India Pvt. Ltd., Brett-Young Seeds Limited, Minn-Dak Growers Ltd., Wise Seed Company Inc., Avena Foods Limited, Roundstone Native Seed Company, To Your Health Sprouted Flour Co., Dharani FaMCooP Ltd., Nature's Logic, Arrowhead Mills Inc., Navan Foods LLC, Mayoora Foods LLC.

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

Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/millets-global-market-report

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "

Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.