Millet Market Report 2025 | Growth, Trends, and Forecast by 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.

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Industry Trends and Drivers:

  • Health Benefits:           

Millets have recently started finding space on the dinner table since they have vitamins, minerals and fibre besides carbohydrates. Proteins, dietary fibre, vitamins – B vitamins, iron, calcium, magnesium are some nutrients which are observed abundantly in them. For those with gluten issues, they are the right option because they are gluten-free for those with gluten intolerance or celiac disease. On the same note, millets are low glycemic index which can assist in the diabetic issues as well hence considered appropriate. With increasing concerns to health, consumers looking for more nutritional foods Millets can be marketed as a Super food. The increasing rate of clean eating and burgeoning demand for functional foods are the factors that have bolstered the market.                       

  • Sustainable Agriculture:

Millets are in a way drought endued grains that naturally thrive in semi arid zones. Compared to other staple crops such as rice and wheat , pulses need far less water to be grown hence are sustainable. Food insecurity and climate change remain a fundamental issue for agriculture production and thus millets are the solution towards sustainable farming. The facts that they are tolerant to poor soils and drought limit the use of fertilizer and water hence reducing pollution. This is due to the policies in the growing international focus on sustainable agriculture. Also, the consumer has become environment conscious and are willing to consume foods that are environmentally friendly. Besides, an increasing demand for sustainable farming solutions is also fueling the growth of the market.  

  • Rising Demand for Organic Products: 

The customers also show a tendency towards buying organic products because of their health and the health of the planet. Millets crop is organically farmed in many regions and is being accepted both for the nutritional value and health impact as well as sustainability. Today’s consumer is wising up on food choices, looking for organic food which is not sprayed with synthetic pesticides and fertilizers and does not contain GMOs. The change in the pattern of consumption towards organic food is announcing new market prospects for millet producers. This rising demand is already causing many farmers to shift towards organic farming and hence, consumers will get a variety of organic millet – based products such as millets flours, snacks , and RTE miIletts meals. This is not only improves the variety for the consumers but also promotes sustainable farming style for the development of the millet market.  

We explore the factors propelling the millet market growth, including technological advancements, consumer behaviors, and regulatory changes.

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.

Top Millet Market Leaders:

The millet market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

  • Archer-Daniels-Midland Company
  • Bayer AG
  • Brett-Young Seeds Limited
  • Cargill Incorporated
  • Ernst Conservation Seeds
  • Roundstone Native Seed Company
  • Seedway LLC

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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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