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What fueled the previous growth in the Millets market?

The market size for millets has seen substantial growth in the latter years. A rise from $11.67 billion in 2024 to an impressive $12.36 billion in 2025 is expected, reflecting a compound annual growth rate (CAGR) of 5.9%. Factors such as increased cognizance of nutrition, growing health and wellness inclination, an upswing in sustainable agriculture, and governmental initiatives have contributed to the growth during the historic period.

What will be the millets market size in the future?

The market for millets is forecasted to witness robust expansion in the coming years, projecting a size of $15.29 billion by 2029, with a compound annual growth rate (CAGR) of 5.5%. The anticipated growth during this period can be linked to factors like increasing global population, resilience to climate change, urbanization, and convenience, along with research and development endeavors. Consumer education, research and innovation, culinary diversity, and the rising preference for gluten-free as well as allergen-friendly foods are set to be key trends during the forecast period.

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What main drivers are fueling expansion in the millets market?

The escalating prevalence of diseases linked to obesity is predicted to spur the development of the millets market. Obesity, characterized by an excessive accumulation of body fat, leads to a range of health complications. Such ailments arise when the body is incapable of burning off this fat through exercise or physical activity. Millets, being rich in essential vitamins and minerals, not only enhance overall health and well-being but also aid in weight management and reducing obesity-related problems. For instance, the World Obesity Atlas 2022, a publication by UK’s non-profit organization, World Obesity Federation, forecasts that by 2030, one billion people around the world, including one in five women and one in seven men, will have obesity. By 2035, this figure swells to four billion, constituting 51% of the world populace, being either overweight or obese. Consequently, the rise in obesity-related diseases is bolstering the growth of the millet market.

Millets Market Driver: Rising Interest in Plant-Based Diets Boosts the Millets Market

What key areas define the segmentation of the global millets market?

The millets market covered in this report is segmented –

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

2) By Distribution Channel: Trade Associations, Super markets, 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

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Who are the dominant players expanding their reach in the millets market?

Major companies operating in the millets market are Cargill Inc., Nestle S.A., Archer Daniels Midland Company, Bayer Crop Science AG, E.I. DuPont De Nemours and Company, Glanbia Nutritionals Inc., Warburtons Ltd., Bobs Red Mill UK Ltd., Bay State Milling Company, Grain Millers Inc., Woodland Foods, Eden Foods Inc., Sresta Natural Bioproducts Pvt. Ltd., Ernst Conservation Seeds, Sydler India Pvt. Ltd., Brett-Young Seeds Limited, Minn-Dak Growers Ltd., Wise Seed Company Inc., Avena Foods Limited, Roundstone Native Seed Company, To Your Health Sprouted Flour Co., Dharani FaMCooP Ltd., Nature’s Logic, Arrowhead Mills Inc., Navan Foods LLC, Mayoora Foods LLC.

How are evolving market trends shaping millets Strategies?

Corporations in the millet industry are making investments and finding opportunities within the food market to establish or enhance products to maintain their presence. Financial support into millets is necessary to bolster market expansion, overcome climate and food safety issues and promote the healthy advantages of millets. For example, in February 2022, an India-based food startup called Wholsum Foods Pvt. Ltd. secured $7 million to boost their offering of millet-based products. This investment is expected to assist Wholsum Foods in achieving their goal of making millets more accessible and attractive to consumers. Moreover, in March of 2023, Ivar Agro, another India-based food startup, dedicated 27.5 million (200 crores) to establish a project focusing on millet-based food items in Uttarakhand. The project is anticipated to be finished by 2024 and will feature a monthly production capacity of 1,000 metric tons of millet inclusive products like biscuits, cookies, and flour.

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Which regions are emerging as leaders in the millets market?

Asia-Pacific was the largest region in the millets market in 2024. Africa is expected to be the fastest-growing region in the forecast period. The regions covered in millets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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