Millet Industry are gaining global recognition due to their high nutritional value, drought-resistance, and sustainability. Rising demand for gluten-free and nutrient-dense foods is propelling the market forward.

Millet Market Overview
Market Size (2023): USD 10.4 Billion

Projected Market Size (2030): USD 15.5 Billion

CAGR (2024–2030): 6.0%

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Key Drivers
Health Benefits: Rich in fiber, protein, and essential micronutrients.

Sustainability: Require less water and fertilizer; ideal for arid regions.

Global Awareness: Boosted by the UN’s declaration of 2023 as the "International Year of Millets."

Diet Trends: Growing popularity of traditional and ancient grains.

Regional Insights
Asia-Pacific: Largest producer and consumer, especially India.

Africa: Key staple in many diets and vital for food security.

North America & Europe: Rising demand in gluten-free and healthy eating segments.

Key Players
Shree Bhagwati Flour & Foods

Nestlé S.A.

Cargill, Incorporated

Archer Daniels Midland Company

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Market Outlook
The millet market is expected to grow steadily due to:

Product innovation (millet-based snacks, flours, cereals)

Government support in sustainable agriculture

Increased investments in millet cultivation and processing

Millets are positioned to become a key player in global food security and health-conscious consumption trends.

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