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The Global Millets Market is witnessing remarkable growth, driven by increasing consumer awareness about health and nutrition, growing demand for gluten-free products, and a renewed focus on sustainable agriculture. According to Renub Research’s latest report titled Global Millets Market, Size, Forecast 2024-2032, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Company Analysis, the market is expected to surpass.

👉 Explore the full report for detailed insights and forecasts: Global Millets Market

Growing Consumer Preference for Nutrient-Rich Grains

Millets, often referred to as “nutri-cereals,” have gained popularity globally due to their rich nutritional profile. They are excellent sources of protein, fiber, essential vitamins, and minerals such as iron, calcium, and magnesium. Unlike refined grains, millets have a low glycemic index, making them ideal for individuals managing diabetes and cardiovascular conditions.

Renub Research highlights that the rising health consciousness among consumers, particularly in urban areas, is fueling the demand for millets-based products. The increasing prevalence of lifestyle disorders like obesity, diabetes, and hypertension is prompting people to adopt millet as part of their daily diets.

Millets as Climate-Resilient Crops Supporting Sustainable Agriculture

Millets are gaining traction not only for their nutritional value but also for their environmental benefits. These grains are drought-tolerant, require minimal water, and can thrive in poor soil conditions, making them ideal for cultivation in arid and semi-arid regions.

According to Renub Research, the global push for sustainable agriculture and food security is encouraging governments and NGOs to promote millet cultivation. Initiatives such as the United Nations’ declaration of 2023 as the International Year of Millets have further amplified global attention on these ancient grains.

Product Innovations and Market Diversification

The millets market is undergoing transformation with product innovations and diversification. Leading food companies and startups are introducing millet-based snacks, breakfast cereals, health drinks, pasta, and bakery products to appeal to modern consumers.

Renub Research notes that the convenience food sector is increasingly incorporating millets into ready-to-eat and ready-to-cook segments. Furthermore, the rise of plant-based diets and demand for clean-label, natural ingredients is supporting the expansion of millet-based product portfolios.

Regional Insights: India Leads, Africa and the United States Emerging as Key Markets

India remains the largest producer and consumer of millets globally, accounting for a major share of the market. The Indian government’s support through subsidies, minimum support prices (MSP), and millet-focused agricultural schemes is sustaining production and consumption.

Africa, home to traditional millet-consuming populations, is also a significant player, with countries like Nigeria, Niger, and Mali leading in production. Meanwhile, the United States and Europe are witnessing growing interest in millets due to rising demand for gluten-free and functional foods.

Renub Research predicts that the Asia-Pacific and North America regions will see rapid market growth during the forecast period, driven by expanding health-conscious consumer bases and product availability.

Market Challenges and Opportunities

While the millets market holds immense promise, it faces challenges such as:

• Lack of consumer awareness in some regions outside traditional millet-consuming countries.
• Supply chain limitations and inadequate processing infrastructure in emerging markets.
• Price fluctuations due to seasonal production variations.

However, these challenges present opportunities for investment in supply chains, processing technology, and marketing campaigns. Renub Research emphasizes that building awareness through educational initiatives and positioning millets as both a health food and a climate-resilient crop will unlock future growth.

👉 Access detailed market data and strategic insights: Global Millets Market

Competitive Landscape: Key Players and Strategic Initiatives

The global millets market is highly fragmented with the presence of regional players, cooperatives, and international brands. Companies are focusing on strategic partnerships, product innovation, and branding initiatives to strengthen their market share.

Prominent players covered in Renub Research’s report include Nestlé S.A., ITC Limited, Tata Consumer Products, Cargill Incorporated, Bob’s Red Mill Natural Foods, and 24 Mantra Organic, among others. These companies are investing in new product development, organic certification, and export initiatives to cater to the growing global demand.

The Way Forward: Millets as a Superfood for the Future

As consumers increasingly look for food options that are both nutritious and sustainable, millets are well-positioned to emerge as a staple in global diets. With concerted efforts by governments, industry stakeholders, and civil society, millets can contribute to global food security, environmental sustainability, and better health outcomes.

Renub Research anticipates that innovations in processing, packaging, and marketing will further expand the millets market. The rising popularity of functional foods and superfoods will continue to drive interest in millet-based offerings worldwide.

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