Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company In response to fluctuating tariffs and geopolitical trade developments, the Millets Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
The millets market size has grown strongly in recent years. It will grow from $11.67 billion in 2024 to $12.26 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%. 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 Global Market is predicted to reach a market size of $15.19 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 5.5%.
Download the Free Sample Now:The key drivers in the millets market are:
• Rise in obesity-related health issues globally
• Ability of millets to aid weight management
• High nutritional value of millets promoting health and well-being
• Anticipated increase in the population of overweight and obese individuals in the future
The milletsmarket covered in this report is segmented –
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 key trends in the millets market are:
• Companies in the millet market are increasingly investing in opportunities within the food industry to sustain market growth.
• There is a trend toward addressing climate and food security issues through investment in millets.
• The promotion of the health benefits of millets is becoming a major trend.
• Startups are driving the investment and expansion of millet-based food product offerings.
Major players 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