Global Millet Market was valued at USD 10.47 billion in 2021 and is expected to reach USD 14.44 billion by the year 2028, at a CAGR of 4.7%.
Millet is crucial for food security and economic development in many African and Asian countries. Because of its gluten-free and hypoglycemic qualities, it is gaining popularity in Europe and North America. Millet is a tiny grain seed with exceptional nutritional qualities. It outperforms several high-consumption grains like rice and wheat in terms of nutritional value. Millet has gotten less attention than the primary grain, despite its outstanding nutritional characteristics.
The global millet market would be driven by increased awareness among the urban population about the health benefits associated with millet consumption. A variety of ailments have been linked to changes in lifestyle and eating habits, including diabetes, obesity, myocardial infarction, coronary heart disease, and arrhythmia. Millet is high in minerals and proteins including calcium and iron, which can aid in the prevention of various disorders.
The Major Players In The Millet Market Include:
Archer Daniels Midland Company,Cargill Inc.,Nestle S.A.,Wise Seed Company Inc.,Roundstone Native Seed Company,E.I. DuPont De Nemours and Company,Bayer Crop Science AG,Ernst Conservation Seeds,Brett-Young Seeds Limited,Treta Agro (P) Ltd,Sresta Natural Bioproducts Pvt Ltd,Janadhanya Farmers Producer Company Limited,Dharani FaM CooP Ltd,Mayoora Foods,Navan Foods LLC,Sydler India Pvt. Ltd.,Nature's Logic.,Tata Consumer Products Limited (TCPL) and other major players.
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Market has segmented the global Millet market on the basis of type, application, and region:
The Millet market is segmented by type and application. Growth between segments over the period 2023-2030 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
By Type:
· Finger Millet
· Pearl Millet
· Proso Millet
· Foxtail Millet
· Others
By Application:
· Flour
· Bakery Products
· Infant Food
· Steam Cooked Products
· Porridges
· Others
By Distribution Channels
· Supermarket
· Trade Associations
· Online Stores
· Traditional Grocery Stores
By Region
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Reasons To Purchase The Millet Market Report:
· The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
· Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
· Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
· The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
· Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
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