Millet Market Size, Share, Growth, and Trends Forecast 2025-2033

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The global millet market size reached USD 13.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 19.4 Billion by 2033, exhibiting a growth rate (CAGR) of 3.93% during 2025-2033.

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.

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.

Grab a sample PDF of this report: https://www.imarcgroup.com/millet-market/requestsample

Our report includes: 

  • Market Dynamics
  • Market Trends And Market Outlook
  • Competitive Analysis
  • Industry Segmentation
  • Strategic Recommendations

Industry Trends and Drivers:

  • Health Benefits:           

Millets are quickly becoming the food for the future with their great nutrition profile. They are loaded with nutrients, such as protein, dietary fiber, vitamins, especially B vitamins, and minerals (iron, calcium, magnesium). Also, since they are gluten free, they will be the best option for individuals with gluten intolerances like Celiac disease. Most millets have a low glycemic index, which means they help in the management of the blood sugar, which helps diabetes patients and those who monitor their blood sugar levels daily. As the average consumer has become more health-oriented with a growing focus on nutrient dense foods, millets can also be viewed as a superfood category of food. It supports the current trends in clean eating and the desire for functional food products as reported in the market.                

  • Sustainable Agriculture:

Millets are robust crops that thrive in arid and semi-arid conditions. They are drought tolerant and require significantly less water than staple grains such as rice and wheat, making them a sustainable option. Climate change is presenting major challenges to food security and agricultural productivity, and millets offer a sustainable solution to address issues associated with sustainable practices in food production. Their capacity to survive poor soil and dry weather can lower the need for chemical fertilizers and irrigation, and this aligns with the increasing move towards sustainable agricultural approaches. More consumers want to eat sustainable food for global environmental issues, and there is growing political will towards reducing climate change and promoting sustainable farming solutions, is directly influencing market growth.

  • Rising Demand for Organic Products: 

The increased appetite for organic has driven changes in the demand for food and the types of products consumers use. Millets are often grown bio-organically and recognized as piles of health benefits and environmental sustainability. As consumers become more discerning regarding their food choices, they are looking for products free of synthetic pesticides, fertilizers, or GMOs. With the organic consumption trend growing, more opportunities exist in markets for millet producers. An increasing number of farmers are switching to organic cultivation methods to supply this demand, resulting in a recent expansion of organic millet products including flour, snacks, and ready-to-eat meals. The organic millet market is becoming very well established while helping consumers expand their choices and further supports sustainable cultivation methods to sustainably expand the whole millet market.

Our report provides a deep dive into the market analysis, outlining the current trends, underlying millet market demand, and growth trajectories.

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 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.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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