Varieties of grains seeds and beans.
The Business Research Company’s Millets Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Millets Global Market Report 2023 evaluates millets market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global millets market is expected to grow from the millets market size has grown strongly in recent years. It will grow from $10.99 billion in 2023 to $11.67 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to increasing nutritional awareness, increasing health and wellness trends, rise in sustainable agriculture, government initiatives.The millets market size is expected to see strong growth in the next few years. It will grow to $14.39 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%.
The growing number of obesity-related problems is expected to propel the growth of the millets market. Obesity refers to a range of health issues that can arise from excessive body fat. Obesity-related disorders occur when the body cannot burn body fat through physical activity and exercise. Millets are high in critical vitamins and minerals, which can improve overall health and well-being, in addition to weight management and lowering obesity-related disorders. For instance, according to the World Obesity Atlas 2022, published by the World Obesity Federation, a UK-based non-profit organization, one billion people globally, including 1 in 5 women and 1 in 7 men, will be living with obesity by 2030. It will increase to 4 billion people, or 51% of the global population, living either overweight or obese by 2035. Therefore, the growing number of obesity-related problems is driving the growth of the millet market.
Get More Information On The Millets Market Report:
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The millets market segments in the report are:
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
The table of contents in TBRC’s millets market report includes:
1. Executive Summary
2. Millets Market Characteristics
3. Millets Market Trends And Strategies
4. Millets Market – Macro Economic Scenario
5. Global Millets Market Size and Growth
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26. South America Millets Market
27. Brazil Millets Market
28. Middle East Millets Market
29. Africa Millets Market
30. Millets Market Competitive Landscape And Company Profiles
Top Major Players:
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