Global Millet Industry: Key Statistics and Insights in 2025-2033
Summary:
- The global millet market size reached USD 13.4 Billion in 2024.
- The market is expected to reach USD 19.4 Billion by 2033, exhibiting a growth rate (CAGR) of 3.93% during 2025-2033.
- Asia Pacific leads the market, accounting for the largest millet market share.
- Pearl millet accounts for the majority of the market share in the product type segment as it offers nutritional content like protein, vitamins, and minerals.
- Infant food holds the largest share in the millet industry.
- Traditional grocery stores remain a dominant segment in the market due to the diverse availability of products under one roof.
- The rising awareness about the health benefits of the product is a primary driver of the millet market.
- The increasing focus on sustainable agriculture and demand for organic products are reshaping the millet market.
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Industry Trends and Drivers:
- Health Benefits:
Millets are becoming popular for their excellent nutrition. They are high in proteins, fiber, B vitamins, and minerals like iron, calcium, and magnesium. Being gluten-free makes them ideal for people with gluten intolerance or celiac disease. Their low glycemic index helps manage blood sugar, benefiting diabetics. As more people seek healthy, nutrient-rich foods, millets are seen as a superfood. The trend towards clean eating and the demand for functional foods are boosting millet sales.
- Sustainable Agriculture:
Millets are tough crops ideal for dry climates. They need less water than rice and wheat, making them sustainable. With climate change threatening food and farming, millets offer a solution. They grow well in poor soil and endure drought, cutting the need for fertilizers and water. This matches the shift towards sustainable farming. As people become more eco-conscious, they seek sustainable foods. This growing interest in sustainable farming boosts the market.
- Rising Demand for Organic Products:
Demand for organic products is rising, driven by health and environmental awareness. Millets, often grown organically, are gaining popularity for their health benefits and sustainability. Consumers now prefer food without synthetic chemicals or GMOs. This trend opens new markets for millet producers. Farmers are switching to organic methods to meet this demand, leading to more organic millet products like flours, snacks, and ready-to-eat meals. This growth not only expands consumer options but also promotes sustainable farming, boosting the millet market.
Our report provides a deep dive into the millet market analysis, outlining the current trends, underlying market demand, and growth trajectories.
Millet Market Report Segmentation:
Breakup By Product Type:
- Pearl Millet
- Finger Millet
- Proso Millet
- Others
Pearl millet accounts for the majority of shares as it offers nutritional content like protein, vitamins, and minerals.
Breakup By Application:
- Infant Food
- Bakery Products
- Beverages
- Others
Infant food dominates the market on account of the increasing focus on maintaining the enhanced health of babies.
Breakup By Distribution Channel:
- Supermarket and Hypermarkets
- Traditional Grocery Stores
- Online Stores
- Others
Traditional grocery stores represent the majority of shares due to the diverse availability of products under one roof.
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 a large market for millet driven by the rising health consciousness among individuals.
Top Millet Market Leaders:
The millet market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:
- Archer-Daniels-Midland Company
- Bayer AG
- Brett-Young Seeds Limited
- Cargill Incorporated
- Ernst Conservation Seeds
- Roundstone Native Seed Company
- Seedway LLC
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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