Millet Based Packaged Food Market to Surge from USD 47.95 Million to USD 104.30 Million by 2032 at 10.2 % CAGR - Millet Food Forecast Signals Robust Demand

According to a new report by Maximize Market Research, the global Millet Based Packaged Food Market was valued at USD 47.95 million in 2024 and is projected to reach approximately USD 104.30 million by 2032, growing at a compound annual growth rate (CAGR) of 10.2 % during 2025-2032. The growth is attributed to increased consumer preference for nutritious, gluten-free and convenient foods, particularly in Asia-Pacific and North American regions.

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♦ Key Highlights:

Market size in 2024: USD 47.95 million, with forecast to reach USD 104.30 million by 2032 at a 10.2 % CAGR

Leading product segment: Millet-based snacks (chips, puffs, bars) commanding majority share

Fastest / largest regional market: Asia-Pacific, supported by traditional millet use and government initiatives

Key growth drivers: rising health consciousness, demand for gluten-free & plant-based foods, and sustainability concerns

Restraints & trends: low consumer awareness, supply chain limitations, price competitiveness; opportunity in product innovation and market expansion

Notable companies: Soulfull (India), Ancient Harvest, Nature's Path Foods, Arrowhead Mills, Bob's Red Mill among others

♦ Market Outlook

The Millet Based Packaged Food Market is projected to record strong growth through 2032, expanding from USD 47.95 million in 2024 to USD 104.30 million. This forecast reflects increasing demand for healthier, nutrient-rich, gluten-free alternatives, and growing consumer willingness to pay premiums for clean label and sustainable foods.

Millet grains offer advantages such as fiber, protein, antioxidants, and suitability for low-water growth - aligning with both health and environmental trends. Manufacturers are diversifying into baked goods, ready-to-eat meals, beverages, and snacks to capture evolving demand.

Challenges remain: limited consumer awareness, higher production costs versus conventional grains, and supply chain complexity in regions where millet is not a staple.

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♦ Regional Insights

Asia-Pacific
As the dominant market, Asia-Pacific leads due to traditional millet consumption in countries such as India, China, and Japan. Government initiatives - e.g., India's Millet Mission and inclusion of millets in public distribution systems - further stimulate market growth.

North America & Europe
These regions show accelerating adoption, driven by dietary trends favoring plant-based, gluten-free, and functional foods. Consumer awareness about millet's nutritional profile is rising, boosting demand for millet-based snacks and cereals.

Other Regions
Growth is emerging in Middle East & Africa and Latin America, though at a slower pace, as distribution networks and consumer education expand.

♦ Key Players & Competitive Landscape

The market is moderately fragmented, blending established global brands and emerging players. In India, Soulfull is gaining prominence with a range of millet-based foods. In the U.S., Ancient Harvest is a notable name in gluten-free millet pasta and cereals. Others include Nature's Path Foods, Arrowhead Mills, Bob's Red Mill, Purely Elizabeth, Lundberg Family Farms, Pamela's Products, Enjoy Life Foods, KIND Snacks, Quinn Snacks, and 24 Mantra Organic.

♦ Quote

"Millet-based packaged foods are poised to bridge the gap between nutrition and convenience," said Dr. Priya Verma, Senior Food Analyst at Maximize Market Research. "As consumer interest in gluten-free and sustainable diets grows, innovation and distribution expansion will be critical to unlocking the full potential of this emerging segment."

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