Key Trend Reshaping the Millets Market in 2025: Strategic Investments Drive Growth And Innovation In The Millet Market

"What Are the Projections for the Size and Growth Rate of the Millets Market?
The millets market is projected to grow from $11.67 billion in 2024 to $12.36 billion in 2025, at a CAGR of 5.9%. This is driven by increasing nutritional awareness, health and wellness trends, sustainable agriculture, and government initiatives.

Millets Market: Expected to grow to $15.29 billion by 2029 at a CAGR of 5.5%. Growth is driven by global population growth, climate change resilience, and urbanization. Trends include consumer education, research and innovation, culinary diversity, and demand for gluten-free foods.

What Are the Main Catalysts for Growth in the Millets Market?
The growing prevalence of obesity-related health issues is expected to drive the growth of the millets market. Millets are a nutritious food source that can aid in weight management and reduce obesity-related health concerns. According to the World Obesity Federation, one billion people globally will suffer from obesity by 2030. This rising health issue will increase the demand for millets as a healthy dietary choice.

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Which Businesses Are at the Forefront of Millets Market Development?
Major companies operating 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.

What Are the Major Trends Shaping the Millets Market?
Companies operating in the millet market are actively investing and exploring opportunities within the food industry to create or promote products that will help sustain their position in the market. These investments are essential to support market growth, tackle climate and food security challenges, and highlight the health benefits of millets. For example, in February 2022, Wholsum Foods Pvt. Ltd., an India-based food startup, raised $7 million to expand its millet-based offerings, aiming to make millets more accessible and appealing to consumers. Additionally, in March 2023, Ivar Agro, another India-based food startup, invested 27.5 million (200 crores) to establish a millet-based food products project in Uttarakhand. This project, slated for completion in 2024, will have a production capacity of 1,000 metric tons per month, producing millet-based products such as biscuits, cookies, and flour.

How Is the Millets Market Segmented?
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, Super markets, 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

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Where Is the Millets Market Growth Most Prominent?
Asia-Pacific was the largest region in the millets market in 2024. Africa is expected to be the fastest-growing region in the forecast period. The regions covered in millets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

What Is Covered In The Millets Global Market Report?

- Market Size Analysis: Analyze the Millets Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Millets Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Millets Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Millets Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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