Save up to 30% on The Business Research Company’s comprehensive market research reports for a limited time only!

What is the Expected Growth Rate of the Millets Market from 2024 to 2033?

The millets market has seen significant growth in recent years, expanding from $10.99 billion in 2023 to $11.67 billion in 2024, at a compound annual growth rate (CAGR) of 6.2%. This growth is driven by rising nutritional awareness, health and wellness trends, sustainable agriculture, and government initiatives.

The millets market is expected to grow significantly in the coming years, reaching $14.39 billion by 2028 with a compound annual growth rate (CAGR) of 5.4%. This growth is driven by global population increases, climate change resilience, urbanization, convenience, and advancements in research and development. Key trends include consumer education, innovation in culinary practices, and the rising demand for gluten-free and allergen-friendly foods.

Claim Your Free Sample of the Global Millets Market Report Today!

https://www.thebusinessresearchcompany.com/sample.aspx?id=12961&type=smp

The rise in obesity-related health issues is expected to propel the millets market, as millets are beneficial for weight management and health improvement. The World Obesity Federation projects that by 2030, 1 billion people will live with obesity, growing to 4 billion by 2035, thus driving demand for millets.

1) By Product Type: Pearl Millet, Foxtail Millet, Sorghum, Finger Millet, Other Products

2) By Distribution Channel: Trade Associations, Supermarkets, Grocery Stores, Online Platforms, Other Distribution Channels

3) By End Use: Ready To Eat Food, Direct Consumption, Bakery Products, Alcoholic Beverages, Non-Alcoholic Beverages, Breakfast Foods, Fodder

Companies in the millet market are investing in initiatives to promote millet-based products and secure their market position. In February 2022, Wholsum Foods Pvt. Ltd., an India-based food startup, raised $7 million to expand its millet-based offerings. Additionally, in March 2023, Ivar Agro invested 27.5 million (200 crores) to establish a millet-based food product project in Uttarakhand, which will have a monthly production capacity of 1,000 metric tons by 2024.

Order Now for Fast Delivery of Your Millets Market Report!

https://www.thebusinessresearchcompany.com/report/millets-global-market-report

North America was the largest region in the appendiceal cancer treatment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the appendiceal cancer treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Millets Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the millets market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Millets Market Include

1. Millets Market Executive Summary

2. Millets Market Segments

3. Millets Market Size And Template Market Growth Rate

4. Key Millets Market Trends

5. Major Millets Market Drivers

……

25. Key Mergers And Acquisitions In The Millets Market

26. Top Millets Companies

27. Millets Market Opportunities And Strategies

28. Millets Market, Conclusions And Recommendations

29. Appendix

Discover Related Reports by The Business Research Company:

Breakfast Cereal Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/breakfast-cereal-global-market-report

Organic Grain Farming Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/organic-grain-farming-global-market-report

Grain Farming Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/grain-farming-global-market-report

Learn More About The Business Research Company

The Business Research Company has published over 15000+ reports in 27 industries, spanning 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: