Millet Market Size to Surpass USD 19.7 Billion by 2034 | With a 3.78% CAGR

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 transforms traditional millet farming into precision agriculture through real-time crop monitoring, accurate weather forecasting, and soil health analysis, with 25% of farms using automated irrigation systems for sustainable cultivation.

● Companies like Cargill developed AI-based precision farming technology for millet production in 2024, integrating blockchain-based traceability systems to ensure transparency and increase consumer confidence in millet products.

● AI enhances millet processing quality, with 20% of food manufacturers using machine learning to optimize texture, flavor, and nutritional preservation in millet-based products, improving market competitiveness.

● AI-driven crop disease detection and drone analytics improve millet farming efficiency, enabling farmers to optimize sowing, irrigation, and fertilizer use while reducing risks and improving yields by up to 30%.

● Supply chain efficiency improves as AI reduces millet spoilage by 10-12% through smart storage solutions and predictive logistics, with AI-enabled trend forecasting aligning production with consumer demand and decreasing waste.

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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, free from artificial additives. 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.

● E-Commerce and Quick-Delivery Platform Expansion: Digital distribution and direct-to-consumer channels are democratizing access to millet products, enabling niche brands to bypass traditional retail barriers. In July 2025, Sabala Millets launched its product range on Zepto in Hyderabad and Bengaluru, offering delivery in just 10 minutes, while traditional grocery stores hold the largest market share.

● Government Push for Millet Cultivation and Consumption: 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 in January 2025. India declared 2023 as the "International Year of Millets" with global UN recognition.

● Value-Added Millet Product Innovation Surge: The market is witnessing rapid growth in value-added products like instant mixes, snacks, breakfast cereals, cookies, and beverages. In September 2024, McDonald's India partnered with CSIR-CFTRI to introduce a multi-millet bun featuring bajra, ragi, jowar, proso, and kodo millets. Major companies are launching millet-based product lines to capture health-conscious demographics.

● Sustainability and Climate-Resilient Agriculture Focus: Millet's drought-resistant properties and minimal water requirements make it ideal for climate-conscious farming, requiring 70% lower irrigation than rice and surviving on just 200-400 mm of rainfall. The shift promotes sustainability, efficiency, and profitability in arid and semi-arid regions where millet is a staple crop.

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 seen as a natural solution. Around 42% of global consumers seek healthier diets. Packed with fiber, proteins, magnesium, and iron, millets support weight management, heart health, and diabetes control, boosting demand for nutrient-rich alternatives.

● Government Initiatives and Policy Support: The millet market is gaining traction as a result of active government initiatives aimed at enhancing both production and consumption. In 2024, the Government of India announced the Production Linked Incentive Scheme for Millet-Based Products (PLISMBP) with an ₹800 crore budget. The EU's Farm to Fork Strategy funds organic farming, covering 15 million hectares, increasing supply and meeting consumer demand.

● Growing Demand for Gluten-Free Alternatives: The increasing prevalence of gluten intolerance and celiac disease, alongside rising consumer awareness of gluten-free diets, is significantly driving demand for millets. As a naturally gluten-free grain, millets are an ideal alternative to wheat and barley. Brands like Bob's Red Mill and 24 Mantra Organic are launching millet-based products such as flours, breakfast cereals, and snacks.

● Improved Supply Chain and Distribution Networks: Improvements in logistics and supply chain management are bolstering market growth by guaranteeing products arrive with better quality and reliability. Modern transportation networks facilitate connections between rural producers and urban markets. The incorporation of millet into supermarkets, hypermarkets, and e-commerce platforms is expanding accessibility, with traditional grocery stores accounting for the largest distribution channel share.

● Technological Advancements in Farming and Processing: Contemporary technologies are essential for impelling market growth by enhancing production and post-harvest effectiveness. Automated farming methods, improved seed types, and precise agricultural technologies enable farmers to obtain greater outputs. Innovations in post-harvest processes, such as enhanced milling, storage, and packaging methods, are decreasing waste and prolonging shelf life, increasing commercial viability.

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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 due to its widespread cultivation, high protein and fiber content, versatility in food applications, and popularity in arid regions.

Breakup By Application:

● Infant Food
● Bakery Products
● Beverages
● Others

Infant food dominates the market as millets are increasingly preferred for their high nutritional value, gluten-free properties, and digestibility, making them ideal for baby nutrition.

Breakup By Distribution Channel:

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

Traditional grocery stores account for the largest market share due to their widespread accessibility, established consumer trust, and preference for buying fresh grains from local retailers.

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, aimed at promoting natural farming and millet cultivation. The initiative includes training farmers in eco-friendly practices, mobile soil testing, and the use of organic inputs to improve soil health.

● 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 the mental growth of students.

● 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 will provide millet-based foods to 2,465 children and 755 adolescent girls.

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