Global Millet Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2025-2034)

Global Millet Market Growth

India stands as the leading global producer of millet as of 2023, with an estimated annual output of 13,210 kilotons. It is one of the few nations where millet serves as both a fundamental staple food and a significant cash crop. The country's extensive geographical expanse and diverse agricultural environments facilitate not only the large-scale production of millet but also the cultivation of various types, such as sorghum, finger millet, and pearl millet.

China, a vast nation with a range of agricultural settings, ranks as the second-largest producer of millet, albeit with a considerably lower output of around 2,000 kilotons annually. Millet plays a vital role in Chinese cuisine and is essential for the country's food security.

The increasing demand for millet is influenced by several factors, including heightened health awareness, trends towards sustainability, and the necessity for crops that can withstand climate challenges. Millets are rich in essential nutrients, including protein, fibre, vitamins, and minerals, which makes them attractive to health-conscious consumers, particularly those following gluten-free or low-glycemic diets. This growing interest is further impacting the millet market revenue. Furthermore, millets are recognised for their environmental sustainability, as they can thrive in arid conditions with minimal water, presenting a viable alternative to more water-dependent crops. The rising interest in plant-based diets, governmental encouragement for millet farming, and growing recognition of their nutritional advantages are additional elements propelling global demand.

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Key Trends and Developments

Global Millet Market Trends

The market is witnessing substantial expansion, propelled by changing consumer inclinations towards healthier and more sustainable food choices. A notable trend is the increasing awareness of health benefits, as millets are acknowledged for their rich nutritional profile, gluten-free characteristics, and low glycemic index. Additionally, millets are gaining popularity within the plant-based food sector, where there is a growing demand for alternative grains. Furthermore, government initiatives are bolstering millet production through policies designed to enhance food security and support rural economies. Consequently, millets are becoming more prevalent in various culinary traditions, thereby expanding their market attractiveness.

Global Millet Industry Segmentation

Global Millet Market Share

Based on the region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. In the Asia-Pacific region, the rising demand for millets is largely driven by an increasingly health-conscious population and a growing preference for plant-based diets, positioning millets as a sustainable food choice. The region is expected to grow at a CAGR od 4.6% in the forecast period. Numerous governments are promoting millet production through various initiatives and incentives, such as India's Production Linked Incentive Scheme, aimed at boosting production capacity and fostering market growth.

The health benefits of millet, including high fibre and protein content, are driving demand in North America as consumers adopt gluten-free and plant-based diets. In Europe, interest in sustainable food options is boosting millet consumption among health-conscious individuals.

Latin American region is expected to grow at a CAGR od 4.4% in the forecast period. Latin America witnesses increased demand as millets are integrated into local cuisines, while in the Middle East and Africa, their drought resistance and nutritional value make them a suitable staple in climate-challenged regions.

Leading Companies in the Global Millet Market

Key players in the millet market are concentrating on sustainable farming practices to secure a competitive advantage. Sustainable cultivation methods for millet are increasingly incorporating techniques such as crop rotation, organic fertilisers, water-efficient irrigation systems, and minimised pesticide usage. These strategies enhance soil health, lessen environmental impact, and promote the long-term viability of millet production.

Bayer AG

Established in 1863 and headquartered in Leverkusen, Germany, Bayer AG is a prominent global life sciences enterprise that emphasises health, agriculture, and materials science. Its agricultural sector is dedicated to the development of crop protection products, seeds, and digital farming technologies aimed at promoting sustainable food production.

Brett-Young Seeds Limited

Founded in 1934, Brett-Young Seeds is a Canadian firm headquartered in Manitoba, Canada. The company...

Cargill Incorporated

Established in 1865, Cargill is a multinational corporation headquartered in Minnesota, United State...

Ernst Conservation Seeds

Founded in 1980 and headquartered in Pennsylvania, United States, Ernst Conservation Seeds is dedica...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other major players in the millet market are Roundstone Native Seed Company, Seedway LLc, Nestlé S.A., Mayoora Agrro Food Private Limited, Pristine Organics, and Archer Daniels Midland Company among others.