Millet Market to Witness Outstanding Growth of USD 19.4 Billion by 2033, at a CAGR of 3.93%

𝐆𝐥𝐨𝐛𝐚𝐥 𝐌𝐢𝐥𝐥𝐞𝐭 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲: 𝐊𝐞𝐲 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐬 𝐚𝐧𝐝 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐢𝐧 𝟐𝟎𝟐𝟓-𝟐𝟎𝟑𝟑

𝐒𝐮𝐦𝐦𝐚𝐫𝐲:

● The global millet market size reached USD 13.4 Billion  in 2024.
● The market is expected to reach USD 19.4 Billion by 2033, exhibiting a growth rate (CAGR) of 3.93% during 2025-2033.
● Asia Pacific leads the market, accounting for the largest millet market share.
● Pearl millet accounts for the majority of the market share in the product type segment as it offers nutritional content like protein, vitamins, and minerals. 
● Infant food holds the largest share in the millet industry.
● Traditional grocery stores remain a dominant segment in the market due to the diverse availability of products under one roof.
● The rising awareness about the health benefits of the product is a primary driver of the millet market.
● The increasing focus on sustainable agriculture and demand for organic products are reshaping the millet market.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/millet-market/requestsample

𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:

● 𝐇𝐞𝐚𝐥𝐭𝐡 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬:         

Millets are becoming popular due to their excellent nutrition. They are packed with proteins, fiber, B vitamins, iron, calcium, and magnesium. Being gluten-free, they are ideal for those with gluten intolerance or celiac disease. Moreover, their low glycemic index helps manage blood sugar, making them suitable for diabetics. As people seek healthier, nutrient-rich foods, millets are seen as a superfood. The trend towards clean eating and the demand for functional foods are boosting their market.                     

● 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞:

Millets are tough crops, ideal for dry climates. They need less water than rice and wheat, making them sustainable. With climate change threatening food security, millets offer a solution. They grow well in poor soil and resist drought, reducing the need for fertilizers and irrigation. This matches the push for sustainable farming. As people become more environmentally conscious, they seek sustainable foods. This demand is boosting the market for sustainable farming solutions.

● 𝐑𝐢𝐬𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐎𝐫𝐠𝐚𝐧𝐢𝐜 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬: 

Demand for organic products is rising, driven by health and environmental awareness. Millets, often grown organically, are gaining attention for their health benefits and sustainability. Consumers now prefer foods without synthetic chemicals or GMOs. This trend is creating new opportunities for millet producers. Farmers are now adopting organic methods to meet demand. This shift is increasing organic millet products, such as flours, snacks, and meals. The growing market enhances consumer choices. It also promotes sustainable farming, thereby boosting the millet market.

𝐁𝐮𝐲 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/checkout?id=7362&method=502

𝐌𝐢𝐥𝐥𝐞𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐁𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞:

● Pearl Millet
● Finger Millet
● Proso Millet
● Others

Pearl millet accounts for the majority of shares as it offers nutritional content like protein, vitamins, and minerals.

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧:

● Infant Food
● Bakery Products
● Beverages
● Others

Infant food dominates the market on account of the increasing focus on maintaining the enhanced health of babies.       

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐁𝐲 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥:

● Supermarket and Hypermarkets
● Traditional Grocery Stores
● Online Stores
● Others

Traditional grocery stores represent the majority of shares due to the diverse availability of products under one roof.    

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐁𝐲 𝐑𝐞𝐠𝐢𝐨𝐧:

● North America (United States, Canada)
● Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
● Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
● Latin America (Brazil, Mexico, Others)
● Middle East and Africa

Asia Pacific enjoys the leading position owing to a large market for millet driven by the rising health consciousness among individuals.

𝐓𝐨𝐩 𝐌𝐢𝐥𝐥𝐞𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐋𝐞𝐚𝐝𝐞𝐫𝐬:

The millet market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

● Archer-Daniels-Midland Company
● Bayer AG
● Brett-Young Seeds Limited
● Cargill Incorporated
● Ernst Conservation Seeds
● Roundstone Native Seed Company
● Seedway LLC

𝐀𝐬𝐤 𝐚𝐧𝐚𝐥𝐲𝐬𝐭: https://www.imarcgroup.com/request?type=report&id=7362&flag=C

𝐈𝐟 𝐲𝐨𝐮 𝐫𝐞𝐪𝐮𝐢𝐫𝐞 𝐚𝐧𝐲 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐭𝐡𝐚𝐭 𝐢𝐬 𝐧𝐨𝐭 𝐜𝐨𝐯𝐞𝐫𝐞𝐝 𝐜𝐮𝐫𝐫𝐞𝐧𝐭𝐥𝐲 𝐰𝐢𝐭𝐡𝐢𝐧 𝐭𝐡𝐞 𝐬𝐜𝐨𝐩𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭, 𝐰𝐞 𝐰𝐢𝐥𝐥 𝐩𝐫𝐨𝐯𝐢𝐝𝐞 𝐭𝐡𝐞 𝐬𝐚𝐦𝐞 𝐚𝐬 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧.

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

This release was published on openPR.