Millet Market Size to Surpass USD 19.7 Billion by 2034: Insights Trends

Market Overview:

According to IMARC Group's latest research publication, "Millet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2026-2034", The global millet market size reached USD 14.0 Billion in 2025. Looking forward, IMARC Group expects the market to reach USD 19.7 Billion by 2034, exhibiting a growth rate (CAGR) of 3.78% during 2026-2034.

This detailed analysis primarily encompasses industry size, business trends, market share, key growth factors, and regional forecasts. The report offers a comprehensive overview and integrates research findings, market assessments, and data from different sources. It also includes pivotal market dynamics like drivers and challenges, while also highlighting growth opportunities, financial insights, technological improvements, emerging trends, and innovations. Besides this, the report provides regional market evaluation, along with a competitive landscape analysis.

How AI is Reshaping the Future of Millet Market

● AI-powered precision agriculture is boosting millet crop yields by optimizing planting schedules, irrigation timing, and nutrient delivery through predictive analytics and real-time soil moisture monitoring, reducing water usage by up to 30% while improving productivity.

● Machine learning algorithms process vast datasets from drones, satellites, and IoT sensors to monitor millet crop health, detect diseases at early stages, and predict pest infestations, enabling farmers to take timely preventive measures and minimize crop losses.

● The global AI in agriculture market valued at USD 4.7 billion in 2024 is projected to grow at 26.3% CAGR through 2034, with precision farming accounting for over 33% of applications, directly benefiting millet cultivation through data-driven insights.

● Computer vision technology integrated with drones enables automated weed identification and targeted pesticide application in millet fields, reducing herbicide usage by up to 75% and saving approximately $35 per acre while promoting sustainable farming practices.

● AI-driven supply chain optimization for millet products improves inventory management, demand forecasting, and quality control through predictive analytics, reducing post-harvest losses and ensuring better market connectivity for millet farmers globally.

● Smart farming platforms like IBM's Watson Decision Platform combine AI, weather data, and IoT to provide millet farmers with tools to monitor field conditions, optimize resource use, and make informed decisions, with over 70% of large farms planning AI adoption by end of 2024.

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Key Trends in the Millet Market

● Growing Health Consciousness and Clean Label Demand: Consumers are increasingly choosing millet for its gluten-free, nutrient-rich properties and chemical-free benefits. About 45% of health-conscious consumers value natural superfood products, with 22% of new millet product launches highlighting sustainability and clean labels. Ramoji Group's 'Sabala Millets' with 45 preservative-free products sparked significant market interest in 2024.

● Government Policy Support and Initiatives: Active government programs are driving millet adoption through subsidies and promotional campaigns. India's National Food Security Mission promotes millet cultivation, while the Agriculture Department of Kashmir launched campaigns educating 200 farmers about nutritional benefits and climate resilience of millets. The Indian government announced a $100 million export promotion scheme in June 2024 to increase global millet trade by 300% over five years.

● Rising Demand for Sustainable Agriculture: Millet's drought-resistant properties and minimal water requirements make it ideal for climate-conscious farmers. These crops can flourish in adverse soil and water-scarce environments, requiring fewer inputs compared to conventional cereals. The EU's Farm to Fork Strategy and similar global initiatives are supporting millet cultivation as a sustainable crop choice for dry, semi-arid agricultural areas.

● Expansion of Millet-Based Product Innovation: Food brands are utilizing millet's nutritious reputation to develop innovative products. ITC introduced mission millet in January 2023, expanding its range to include millet noodles, pasta, dosa and idli mixes, ragi vermicelli, cookies, and snacks. McDonald's India launched a multi-millet bun in September 2024 featuring five nutrient-dense millets (Bajra, Ragi, Jowar, Proso, and Kodo).

● E-Commerce and Quick Commerce Integration: Digital platforms are making millet products more accessible to urban consumers. Sabala Millets launched its products on Zepto in July 2025 for 10-minute delivery in Hyderabad and Bengaluru. The ready-to-cook range includes Multi Millet Pongal, Khichdi, and Bisibele Bhath, marking a significant step in making millets mainstream through quick commerce.

Growth Factors in the Millet Market

● Rising Health Awareness and Nutritional Benefits: Individuals are becoming more aware about diet-related issues like obesity, diabetes, and heart disease, with millets being seen as a natural solution. They are abundant in fiber, proteins, vitamins, and essential minerals. Being gluten-free makes them appropriate for various dietary requirements including celiac disease. The designation of millet as a superfood enhances its reputation among urban and rural communities alike.

● Improved Supply Chain and Distribution Networks: Improvements in logistics and supply chain management are guaranteeing products arrive to consumers with better quality and reliability. Modern storage systems, featuring scientifically engineered warehouses and silos, are minimizing post-harvest losses. The incorporation of millet into structured retail channels, wholesale systems, and digital platforms is expanding accessibility among various consumer segments.

● Technological Advancements in Farming and Processing: Contemporary technologies are enhancing production and post-harvest effectiveness. Automated farming methods, improved seed types, and precise agricultural technologies are enabling farmers to obtain greater outputs using reduced inputs. Innovations in post-harvest processes, such as enhanced milling, storage, and packaging methods, are decreasing waste and prolonging shelf life.

● Growing Media and Awareness Campaigns: Health organizations, NGOs, and food councils are conducting awareness campaigns to inform people about the importance of millets in combating lifestyle diseases and promoting dietary diversity. The Agriculture Department of Kashmir's 2025 millet promotion drive in Pulwama district and Gujarat government's 'Millet Mahotsav 2025' are examples of large-scale awareness initiatives creating interest across consumer groups.

● Export Demand and Global Market Expansion: The growing recognition of millet's nutritional and environmental benefits is driving international demand. India, China, and other Asian countries are major producers and exporters. The Indian government's $100 million export promotion scheme aims to increase global millet trade by 300% over five years, supported by improved grading protocols and traceability technologies enhancing consumer trust.

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Leading Companies Operating in the Global Millet Industry:

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

Breakup By Product Type:

● Pearl Millet
● Finger Millet
● Proso Millet
● Others

Pearl millet accounts for the majority of shares owing to its widespread cultivation and versatility in various applications.

Breakup By Application:

● Infant Food
● Bakery Products
● Beverages
● Others

Infant food dominates the market due to millet's high nutritional value and gluten-free properties, making it ideal for baby food formulations.

Breakup By Distribution Channel:

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

Traditional grocery stores account for the largest market share due to established consumer purchasing habits and widespread availability in local markets.

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 strong government support, growing health-conscious populations, diverse dietary habits, and large-scale millet production across India and China driving demand and exports.

Recent News and Developments in Millet Market

● July 2025: Sabala Millets launched its millet-based food products on Zepto in Hyderabad and Bengaluru, offering fast delivery in just 10 minutes. The brand's ready-to-cook range includes items like Multi Millet Pongal, Khichdi, and Bisibele Bhath, aiming to make nutritious meals convenient for urban families.

● June 2025: The Jindal Foundation launched the 'Jindal Krishi Seva' program in Angul, Odisha, promoting natural farming and millet cultivation. The initiative includes training farmers in eco-friendly practices, mobile soil testing, and organic inputs to improve soil health, with over 2,000 farmers benefiting in the first phase.

● April 2025: The Odisha government launched a program to distribute nutrient-rich Mandia millet ladoos and provide mid-day meals to Class 9 and 10 students. The initiative aims to improve nutrition and foster mental growth of students across the state.

● February 2025: The Gujarat government organized the 'Millet Mahotsav 2025' on February 8-9 in seven cities, including Ahmedabad, Surat, and Vadodara, to promote millet consumption. The two-day event featured 125 state-level stalls and panel discussions on millet's benefits and natural farming.

January 2025: The Millet Feeding Pilot was launched in Udalguri, Assam, under the Anemia Mukta Bharat campaign to combat Anemia among children and adolescents. The initiative provides millet-based foods to 2,465 children and 755 adolescent girls, evaluating nutritional benefits and acceptability.

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