Millets Global Market Report 2025

Description

Millet grains, derived from various grass species, are small-seeded cereal grains appreciated for their nutritional richness and ability to thrive in diverse environmental conditions. They are considered special crops due to their high content of essential nutrients like calcium, dietary fiber, polyphenols, and protein.

The primary millet varieties include pearl millet, foxtail millet, sorghum, finger millet, and others. Pearl millet, a type of cereal grain, is one of the oldest cultivated crops worldwide. Primary millet varieties include pearl millet, foxtail millet, sorghum, finger millet, and others. Pearl millet, a type of cereal grain, is one of the oldest cultivated crops worldwide. These grains are made available to consumers through trade associations, supermarkets, grocery stores, online platforms, and other outlets, catering to various end-users such as ready-to-eat meals, direct consumption, bakery goods primary millet varieties include pearl millet, foxtail millet, sorghum, finger millet, and others.

The millets market research report is one of a series of new reports from The Business Research Company that provides millets market statistics, including millets industry global market size, regional shares, competitors with a millets market share, detailed millets market segments, market trends and opportunities and any further data you may need to thrive in the millets industry. This millets market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The millets market size has grown strongly in recent years. It will grow from $11.67 billion in 2024 to $12.36 billion in 2025 at a compound annual growth rate (CAGR) of 5.9%. 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 $15.29 billion in 2029 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to global population growth, climate change resilience, urbanization and convenience, research and development. Major trends in the forecast period include consumer education, research and innovation, culinary diversity, gluten-free and allergen-friendly foods.

The surge in obesity-related problems is anticipated to fuel the expansion of the millets market. Obesity encompasses a range of health challenges stemming from excessive body fat accumulation. When the body struggles to burn excess fat through physical activity and exercise, it leads to obesity-related disorders. Millets are rich in essential vitamins and minerals, contributing not only to overall health and well-being but also aiding in weight management and mitigating obesity-related health concerns. For instance, as per the World Obesity Atlas 2022, published by the UK-based non-profit organization, the World Obesity Federation, it is projected that by 2030, one billion people worldwide, including 1 in 5 women and 1 in 7 men, will grapple with obesity. This figure is expected to soar to 4 billion people, constituting 51% of the global population, living with either overweight or obesity by 2035. Consequently, the escalating prevalence of obesity-related problems is propelling the growth of the millets market.

The rising demand for plant-based food is expected to drive the growth of the millet market in the coming years. Plant-based food refers to products and dietary choices primarily made from plant-derived ingredients such as vegetables, fruits, grains, legumes, nuts, and seeds. Millets are versatile grains that complement a variety of plant-based ingredients, making them ideal for creating a wide range of satisfying plant-based meals. For example, in April 2023, the Good Food Institute Europe, a Belgium-based non-profit, reported that in 2022, the global market for plant-based milk, cheese, and yogurt reached $21.6 billion, showing a 7% increase from 2021. Therefore, the growing demand for plant-based food is fueling the expansion of the millet market.

Companies within the millet market are actively making strategic investments and exploring opportunities within the food industry to develop and promote products, thereby fortifying their market position. These investments play a crucial role in advancing the millet market by supporting its growth, tackling climate and food security challenges, and advocating for the health benefits associated with millets. For example, in February 2022, Wholsum Foods Pvt. Ltd., an India-based food startup, secured $7 million in funding to expand its range of millet-based offerings. This investment is poised to significantly contribute to Wholsum Foods' mission of enhancing accessibility and appeal of millets to consumers. Furthermore, in March 2023, Ivar Agro, another India-based food startup, committed an investment of 27.5 million (equivalent to 200 crores) to establish a project for millet-based food products in Uttarakhand. This project, projected for completion by 2024, is set to have a monthly production capacity of 1,000 metric tons of millet-based products, including biscuits, cookies, and flour.

In May 2022, Marico Limited, a leading India-based consumer products company, acquired HW Wellness Solutions Private Limited for an undisclosed amount. This acquisition enables True Elements to strengthen its presence in the fast-growing healthy foods market. It also allows Marico to enhance its portfolio with a digital-first brand that resonates with the growing consumer demand for health and wellness. HW Wellness Solutions Private Limited is an India-based digital-first brand in the healthy breakfast and snack segment, operating under the True Elements brand.

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.

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 report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the millets market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The millets market consists of sales of buckwheat millets, amaranth millets, little millets, barnyard millets, broomcorn millets, millet snacks and kodo millets. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Millets Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on millets market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for millets ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The millets market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered: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 Mentioned: Cargill Inc.; Nestle S.A.; Archer Daniels Midland Company; Bayer Crop Science AG; E.I. DuPont De Nemours and Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r28528

1. Executive Summary

2. Millets Market Characteristics

3. Millets Market Trends And Strategies

4. Millets Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market

5. Global Millets Growth Analysis And Strategic Analysis Framework

5.1. Global Millets PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Millets Market Growth Rate Analysis
5.4. Global Millets Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Millets Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Millets Total Addressable Market (TAM)

6. Millets Market Segmentation

6.1. Global Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Pearl Millet
Foxtail Millet
Sorghum
Finger Millet
Other Products
6.2. Global Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Trade Associations
Supermarkets
Grocery Stores
Online Platforms
Other Distribution Channels
6.3. Global Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Ready To Eat Food
Direct Consumption
Bakery Products
Alcoholic Beverages
Non-Alcoholic Beverages
Breakfast Foods
Fodder

7. Millets Market Regional And Country Analysis

7.1. Global Millets Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Millets Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Millets Market

8.1. Asia-Pacific Millets Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Millets Market

9.1. China Millets Market Overview
9.2. China Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Millets Market

10.1. India Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Millets Market

11.1. Japan Millets Market Overview
11.2. Japan Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Millets Market

12.1. Australia Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Millets Market

13.1. Indonesia Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Millets Market

14.1. South Korea Millets Market Overview
14.2. South Korea Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Millets Market

15.1. Western Europe Millets Market Overview
15.2. Western Europe Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Millets Market

16.1. UK Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Millets Market

17.1. Germany Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Millets Market

18.1. France Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Millets Market

19.1. Italy Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Millets Market

20.1. Spain Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Millets Market

21.1. Eastern Europe Millets Market Overview
21.2. Eastern Europe Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Millets Market

22.1. Russia Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Millets Market

23.1. North America Millets Market Overview
23.2. North America Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Millets Market

24.1. USA Millets Market Overview
24.2. USA Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Millets Market

25.1. Canada Millets Market Overview
25.2. Canada Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Millets Market

26.1. South America Millets Market Overview
26.2. South America Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Millets Market

27.1. Brazil Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Millets Market

28.1. Middle East Millets Market Overview
28.2. Middle East Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Millets Market

29.1. Africa Millets Market Overview
29.2. Africa Millets Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Millets Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Millets Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Millets Market Competitive Landscape And Company Profiles

30.1. Millets Market Competitive Landscape
30.2. Millets Market Company Profiles
- 30.2.1. Cargill Inc. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.2. Nestle S.A. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.3. Archer Daniels Midland Company Overview, Products and Services, Strategy and Financial Analysis
- 30.2.4. Bayer Crop Science AG Overview, Products and Services, Strategy and Financial Analysis
- 30.2.5. E.I. DuPont De Nemours and Company Overview, Products and Services, Strategy and Financial Analysis

31. Millets Market Other Major And Innovative Companies

31.1. Glanbia Nutritionals Inc.
31.2. Warburtons Ltd.
31.3. Bobs Red Mill UK Ltd.
31.4. Bay State Milling Company
31.5. Grain Millers Inc.
31.6. Woodland Foods
31.7. Eden Foods Inc.
31.8. Sresta Natural Bioproducts Pvt. Ltd.
31.9. Ernst Conservation Seeds
31.10. Sydler India Pvt. Ltd.
31.11. Brett-Young Seeds Limited
31.12. Minn-Dak Growers Ltd.
31.13. Wise Seed Company Inc.
31.14. Avena Foods Limited
31.15. Roundstone Native Seed Company

32. Global Millets Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Millets Market

34. Recent Developments In The Millets Market

35. Millets Market High Potential Countries, Segments and Strategies

35.1 Millets Market In 2029 - Countries Offering Most New Opportunities
35.2 Millets Market In 2029 - Segments Offering Most New Opportunities
35.3 Millets Market In 2029 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer