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2025 Millet Flour Market Outlook: Key Indicators Shaping Growth Through 2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Millet Flour Industry Market Size Be by 2025?
In the past few years, the market size for millet flour has experienced robust growth. It is predicted to expand from a value of $5.83 billion in 2024 to $6.35 billion in 2025, with a compound annual growth rate (CAGR) of 8.9%. This significant rise during the historic period is due to factors such as growing awareness of health advantages, a high incidence of gluten intolerance and celiac disease, governmental assistance and incentives for the farming of millet in some nations, the relatively low cost of millet as compared to other cereals, and the increasing demand for millet flour in traditional and ethnic dishes.
What's the Long-Term Growth Forecast for the Millet Flour Market Size Through 2029?
Expectations are high for the millet flour market, which is predicted to experience substantial growth in the coming years. By 2029, it is anticipated that the market will be worth $8.85 billion, with an 8.7% compound annual growth rate (CAGR). The projected growth within this period can be credited to a growing interest in health and wellness, the expansion of gluten-free offerings by food manufacturers, the introduction of new product variations and diversification such as ready-to-eat millet snacks and millet-infused beverages. Other factors contributing to this growth are the rising middle class in developing countries, improved distribution networks, the rise of e-commerce platforms, and a steadfast focus on sustainable farming and eco-friendly practices. Key trends within this predicted period include an increase in gluten-free product lines, innovative millet-based products, a rise in middle-class demand in developing countries, improved distribution methods, the growth of e-commerce platforms, and a concentration on sustainable farming practices.
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What Are the Key Growth Drivers Fueling the Millet Flour Market Expansion?
The surge in preference for healthful and nutrient-packed foodstuffs is likely to fuel the expansion of the millet flour market in the future. These foodstuffs consist of an array of whole foods abundant in vital nutrients, vitamins, and minerals that advocate overall health and peak wellness. This surge depicts a rising consciousness and emphasis on personal health among global consumers. Foods rich in health and nutrition often use millet flour due to its gluten-free attributes and nutrient-packed composition, thus offering a variety of wholesome meal choices. For example, an online survey conducted in May 2022 by the International Food Information Council, a US-based NGO included 1,005 American participants aged 18 to 80. The study showed that 52% of the Food and Health survey participants adhered to an eating plan, a noticeable increase from the previous year's 39%. The rise was predominantly among individuals below 50 years. Popular diets this year included clean eating (16%), mindful consumption (14%), calorie counting (13%), and a plant-based diet (12%). Hence, the millet flour market is set for growth thanks to the escalating demand for healthful and nutritious foodstuffs.
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What Are the Key Trends Driving Millet Flour Market Growth?
Leading firms in the millet flour market are utilizing creative millet flour bakery and patisserie blends to cater to the growing appetite for healthful and gluten-free baked goods around the globe. Millet flour improves the bakery and patisserie mixes by offering a nutritious and gluten-free alternative, suiting the dietary needs and health-aware customers. In August 2023, PURATOS INDIA, a bakery and confectionery manufacturer based in India, introduced millet-based items such as Easy Puravita Millet Bread Mix and Tegral Satin Millet Cake Mix. These product innovations endorse health advantages by replacing refined sugar with jaggery and excluding both refined sugar and refined wheat flour (maida), responding to the escalating demand for vegan selections in the food industry, while being fully plant derived.
How Is the Millet Flour Market Segmented?
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, dietary supplement*, Other Applications
4) By Distribution Channel: Direct Sales, Indirect Sales
Subsegments:
1) By Sorghum Millet Flour: White Sorghum Millet Flour, Red Sorghum Millet Flour
2) By Proso Millet Flour: Yellow Proso Millet Flour, White Proso Millet Flour
3) By Pearl Millet Flour: White Pearl Millet Flour, Yellow Pearl Millet Flour
4) By Foxtail Millet Flour: White Foxtail Millet Flour, Yellow Foxtail Millet Flour
5) By Finger Millet Flour: Brown Finger Millet Flour, White Finger Millet Flour
6) By Browntop Millet Flour: Brown Browntop Millet Flour, White Browntop Millet Flour
7) By Barnyard Millet Flour: White Barnyard Millet Flour, Yellow Barnyard Millet Flour
8) By Little Millet Flour: White Little Millet Flour, Yellow Little Millet Flour
9) By Buckwheat Millet Flour: Raw Buckwheat Millet Flour, Roasted Buckwheat Millet Flour
10) By Other Types: Amaranth Millet Flour, Teff Millet Flour, Wild Millet Flour, Other Specialty Millet Flours
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Which Companies Are Leading the Charge in Millet Flour Market Innovation?
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.
Which Regions Are Leading the Global Millet Flour Market in Revenue?
Asia-Pacific was the largest region in the millet flour market in 2023. The regions covered in the millet flour market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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