Press release
Millet Market reaching nearly USD 15.82 Billion by 2030
๐๐ข๐ฅ๐ฅ๐๐ญ ๐๐๐ซ๐ค๐๐ญ size is projected to grow at a substantial rate with growing inclination towards healthy lifestyle, sustainability in agriculture and increasing consumer awareness regarding health advantages of millet. Millet is gaining popularity as it is high inโfiber, protein and minerals. In addition, shifting customer preferences such as gluten-free, organic, and non-GMO products is supporting market growth and providing lucrative opportunitiesโfor producers and manufacturers across the world.๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ข๐ง๐ค ๐ ๐จ๐ซ ๐๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ:https://www.maximizemarketresearch.com/request-sample/105674/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐โ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
There areโa few primary factors responsible for boosting the millet market. This awareness among consumers about health benefits of millet is oneโof the important drivers. Millets are nutritional powerhouses and are densely packed with proteins, vitamins and minerals and, therefore an increasing number of health enthusiasts, who are trying to make healthy dietary choices, are optingโtowards millet. Millet, due to the ongoing trend of clean eating and an increasing shift towards plant-based diets is gainingโthe growing interest of people who are looking for healthy grains.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
The global market for millet is segmented into type, application, & distribution channel andโgeography.
๐๐ซ๐๐ข๐ง ๐ญ๐ฒ๐ฉ๐: Theโtypes of millet available in the millet market includes Pearl millet, Foxtail millet, Finger millet, Proso millet and Barnyard millet. Out of these, the largest market share capture by pearl millet, which is not onlyโthe most cultivated millet globally, but also accounted for a high consumption demand from both food and animal feed applications. Not just that, Foxtail millet and Finger millet are gaining in both food & beverage and health supplements for improvedโnutritional values.
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง: The applicationโof millet is divided into food and beverage, animal feed, and industrial application. Millet is abundant in food and beverage industry as whole grits, flour and processed productsโincluding snacks and breakfast cereals. Its use in gluten-free baked products, in pottages, and as aโgluten replacement in several traditional recipes are on the rise. In animal feed conversions, millet in fact acts as a very good companion crop to livestock and poultry business in competing with higher grainโrequirements.
๐๐๐ญ ๐ญ๐จ ๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ:https://www.maximizemarketresearch.com/market-report/global-millet-market/105674/
๐๐๐จ๐ ๐ซ๐๐ฉ๐ก๐ฒ: North America, Europe, Asia-Pacific,โLatin America, Middle East & Africa. The millet market in the Asia-Pacific region isโleading, due to its extensive cultivation and consumptions in nations such as India, China, and Indonesia. Millets are a staple food in these areas and are often included in many traditionalโfoods. There is rising millet demand in North America and Europeโdue to the equivalently increasing interest in gluten-free and plant-based foods.
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐๐ฏ๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
๐๐ง๐๐ข๐ - Theโlargest millet country in the world in both production and consumption. The crop is a staple in many parts of the country, especially the rural and urban population where it is aโsignificant part of the diet. The market is also driven by Indian government initiatives ofโmillet cultivation along and the increasing interest of consumers towards the health benefits associated with it. Millet is gaining popularity for ready-to-eat foods, snacks, and gluten-free products in India driven by several new manufacturers exploring theโpopular consumer segment focused on health.
๐๐๐๐๐:โAnother major player in the global millet market is China. Millet consumption isโbeing fueled by the country's gigantic agricultural sector and rising appearances for nutritious food products. Millet Generally used for traditional Chinese cuisine and gaining health foodโpreferment, millet-based market spot is cemented to expand further.
๐๐๐: Rising Demand for Millet Millet Market volume in terms of value in US are playingโa major role in growth of Millet Market as the consumer market of millet is growing particularly USA, due to the demand for gluten free and plant-based food products. Millets are now being incorporated as an alternative to other grains in bakedโproducts, cereals and snacks. The demand for millet-based products isโlikely to grow with the increasing knowledge of millet's health benefits among U.S. consumers.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ข๐ง๐ค ๐ ๐จ๐ซ ๐๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ:https://www.maximizemarketresearch.com/request-sample/105674/
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐จ๐ซ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
The global millet market is highly fragmented in nature, with several local and international players striving to provide high-qualityโmillet-based products. Major Companies in the MilletโMarket Including
๐๐ฎ๐ง๐ ๐ ๐๐ข๐ฆ๐ข๐ญ๐๐: Bungeโis a global marketplace leader in millet products for food and feed products. Particularly, the firm's wide distribution network and firm position in emerging markets suchโas India and Africa all play a role towards its overall market dominance.
๐๐๐ซ๐ ๐ข๐ฅ๐ฅ ๐๐ง๐. -Cargill is a global leader in the millet market and has beenโinvolved in agriculture and food since 1865. They manufacture and sell millet-based products like flour and snacks targetedโboth at the mainstream and health-conscious segments.
๐๐ฅ๐๐ฆ ๐๐ง๐ญ๐๐ซ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ: Olam isโan important millet-producing company and key player in the millet producing-scene, which is mainly engaged in the production and supply of millet and other types of grain worldwide. Their focus on supply chain sustainability and traceability makes themโstand out in the market.
๐๐ซ๐๐ฌ๐ฌ ๐๐๐ฅ๐๐๐ฌ๐ ๐๐จ๐ง๐๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง
The global millet market is expected to gain high momentumโas a result of changing consumer preferences of healthier, sustainable and gluten-free food options. Due to its health benefits, applications, and sustainable cultivation methods, millet is set to become a newโpillar of the global food sector. With theโdemand for millet-derived goods rising in food sectors spanning snacks, cereals, and even animal feed, the market will be filled with great potential for newcomers as well as market veterans alike. As awareness of millet health benefits increases and the millet market continues to findโnew ground in a variety of food applications, the future of millet appears bright, leaving pasture for continued innovation and growth for years to come.
๐ ๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ฏ๐ข๐ฌ๐ข๐ญ:
โฆ global Gluten-Free Products Market https://www.maximizemarketresearch.com/market-report/gluten-free-products-market/187675/
โฆ Gourmet Salt Market https://www.maximizemarketresearch.com/market-report/gourmet-salt-market/195243/
โฆ Rennet Market https://www.maximizemarketresearch.com/market-report/global-rennet-market/103653/
โฆ Gluten Flour Market https://www.maximizemarketresearch.com/market-report/global-gluten-flour-market/105025/
โฆ Paprika Market https://www.maximizemarketresearch.com/market-report/global-paprika-market/27528/
โฆ Lemonade Market https://www.maximizemarketresearch.com/market-report/global-lemonade-market/103871/
โฆ Vermouth Market https://www.maximizemarketresearch.com/market-report/global-vermouth-market/88057/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐. ๐๐๐.
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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