Millets Market Size, Share and Forecast to 2027 | The Insight Partners
The millets market was valued at US$ 9,407.8 million in 2018 and is expected to grow at a CAGR of 4.6% from 2019 to 2027 to reach US$ 14,026.3 million by 2027.
Millets are small-seeded grasses widely grown across the world as cereal crops or grains for fodder and human food. Various types of millet crops such as sorghum, finger millet, pearl millet, barnyard millet, proso millet, and little millet are grown across the globe. These crops are grown in semiarid tropical regions as they are highly drought tolerant in nature. For centuries, millets have served as a major staple food in Asia and Africa. Millets are no gluten food and are rich in nutrients such as copper, magnesium, phosphorus, and manganese. The rich nutritional content in the millets helps in maintaining a healthy life. Millets are an ideal food for people suffering from chronic diseases such as diabetes and heart diseases. Millets are rich in fiber, which helps in digestion and can relieve bowel issues. Regular consumption of millets helps in preventing gastrointestinal problems and other diseases related to kidney and liver.Based on application, millets market is categorized into infant food, bakery product, breakfast foods, beverages, fodder, and others. In 2018, the breakfast foods segment dominated the market by accounting for 32.1% of the total market share. The largest share of the breakfast food segment is attributed to the increasing demand for fiber-rich and gluten-free food products among health-conscious consumers.
Europe is expected to grow at the highest CAGR of 5.4% during the forecast period. Several domestic and international companies have a strong foothold in North America. The western part of Europe is known for its better standards of living, with people displaying a higher income level. It is one of the wealthiest regions on the European continent, with per capita Gross Domestic Product (GDP) more than the other parts. The European consumer displays variations in preferences and reflects economic status, culinary practices, and consumption habits of different countries. Europe is a well-established and mature market for millets.
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Millets Market: Strategic Insights
Market Size Value in US$ 9,407.8 Million in 2018 Market Size Value by US$ 14,026.3 Million by 2027 Growth rate CAGR of 4.6% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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Millets Market: Strategic Insights
| Market Size Value in | US$ 9,407.8 Million in 2018 |
| Market Size Value by | US$ 14,026.3 Million by 2027 |
| Growth rate | CAGR of 4.6% from 2019-2027 |
| Forecast Period | 2019-2027 |
| Base Year | 2019 |
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Impact of COVID 19 on Global Millets Market
COVID 19 outbreak first began in Wuhan (China) during December 2019, and since then it has spread across the globe at a fast pace.China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst affected countries in terms confirmed cases and reported deaths as of March 2020. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The global chemical and materials industry is one of the major industries suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns as a result of this outbreak.For instance, China is the global hub of manufacturing and the largest raw material supplier for various industries. The overall market break down due to COVID-19 is also affecting the market growth of millets due to shutting down of factories, obstacle in supply chain, and downturn in world economy.
Health benefits offered by millets has favored the millets market globally
Millet consumption is associated with the curing of various types of diseases. For instance, the high fiber levels present in millet reduces low-density lipoprotein or bad cholesterol and increases the high-density lipoprotein or good cholesterol. Besides, millet’s high fiber content reduces blood pressure and thus minimizing the risk of heart attacks. Likewise, the magnesium content in millets helps in improving insulin sensitivity and in preventing type 2 diabetes. Being rich in iron and folic acid, millets prevent anemia and maintain the right level of hemoglobin in the body. Also, it avoids other diseases such as obesity and cardiovascular problems—heart attack, coronary artery disease, and arrhythmias. The application of millets in nutrition products and infant food is increasing at an alarming rate due to the high nutritional content of millets. Therefore, rising awareness among consumers about the health benefits associated with regular consumption of millets is expected to drive the growth of the millets market.
Application-BasedInsights
The millets market, based on application, is segmented into infant food, bakery food, breakfast foods, beverages, fodder, and others. The breakfast foods segment accounted for the largest share of the global millets market, whereas the bakery products segment is expected to grow at a higher CAGR during the forecast period. As per the study published in Journal of Texture Studies, the replacement of wheat flour by 60% finger millets increases the nutritive value or texture of muffins. Millets flours especially white teff and proso millets are being rapidly produced in western countries, as gluten free flours for the production of pasta and baked goods. In Africa, there is expanding small-scale manufacture of convenience-type versions of traditional millet-based foods.These products cater for the needs of the growing numbers of urban middle-class consumers who are ready to pay premium price for millets.
Product-Based Insights
The millets market, based on product type, is segmented into organic and regular. Theregular segment accounted for the largest share of the global millets market, whereas the organic segment is expected to register the fastest growth rate during the forecast period. Regular or inorganic millets are produced with the application of insecticides, pesticides, and other modern techniques in farming. Regular millets are rich in starch and have protein content equal to maize or wheat having high value of vitamin B and are extensively used in food industry. Despite their prominent nutritional qualities, millets have received less attention than the major cereals. Millets play an important role in food security and economy of many countries in Africa and Asia. Millets cultivation can keep dry lands productive and ensure future food and nutritional security. Millets hydrate the colon to keeps human from being constipated.
Distribution Channel-Based Insights
The millets market, based on distribution channel, is segmented into super markets and hyper markets, grocery stores, online stores, and others.The others segment accounted for the largest share of the millets market, whereas the online segment is expected to register the fastest growth rate during the forecast period. The other distribution channel for millets include direct sales, specialty stores, and wholesalers. Direct sales channel creates a linkage between producers and food processing companies also between consumers and producer of products using millets. Specialty stores account for lower revenues in terms of millets sale. Many producers choose to sell millet through retail stores as the physical availability of millets, build confidence among the consumers. When local market producers does not get satisfactory price for their millet produce, they sell his produce to distant markets.
Millets Market Report Scope
Report Spotlights
- Progressive industry trends in the global millets market help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the global millets market from 2017 to 2027
- Estimation of global millets demandacross various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
- Recent developments to understand the competitive market scenario and global millets demand
- Market trends and outlook coupled with factors driving and restraining the growth of the global millets market
- Decision-making process by understanding strategies that underpin commercial interest with regard to global millets marketgrowth
- Global millets marketsize at various nodes of market
- Detailed overview and segmentation of the global millets market, as well as its dynamics in the industry
- Global millets market size in various regions with promising growth opportunities
Global MilletsMarket – By Product
- Organic
- Regular
Global Millets Market – By Application
- Infant Food
- Bakery Food
- Breakfast Foods
- Beverages
- Fodder
- Others
Global MilletsMarket – By Distribution Channel
- Supermarkets and Hypermarkets
- Grocery Stores
- Online Stores
- Others
Company Profiles
- Just Organik
- Earthon Products Pvt Ltd
- Shimla Hills Offerings Pvt. Ltd.
- Pristine Organics Pvt Ltd.
- Sresta Natural Bioproducts Pvt. Ltd.
- Dharani FaMCooP Ltd.
- Dharmapuri District Minor Millet Farmer Producer Company Limited
- Janadhanya
- Sahaja Samrudha Organic Producer Company Ltd (SSOPCL)
- Viruthai Millets Farmer Producer Company Ltd. (VMFPCL)
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product ; Application ; Distribution Channel , and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Niger, Russian Federation, Saudi Arabia, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Just Organik, Earthon Products Pvt Ltd., Shimla Hills Offerings Pvt. Ltd., Pristine Organics Pvt Ltd., Sresta Natural Bioproducts Pvt. Ltd., Dharani FaMCooP Ltd., Dharmapuri District Minor Millet Farmer Producer Company Limited, Janadhanya, Sahaja Samrudha Organic Producer Company Ltd (SSOPCL), Viruthai Millets Farmer Producer Company Ltd. (VMFPCL) are among the major players in the global millets market.
As per the study published in journal of Texture studies, the replacement of wheat flour by 60 percent finger millets increases the nutritive value or texture of muffins. Millets flours especially white teff and proso millets are being rapidly produced in western countries, as gluten free flours for the production of pasta and baked goods.
In 2018,the millets market was predominant in Asia Pacific at the global level. Rising awareness about the health benefits and increasing millets usage in foodstuff is propelling the market growth in the region. Rising expenditure towards research and development activities, to diversify the application base of millets has also led to market growth in the Asia Pacific region.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Millets Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Expert Opinion
5. Millets Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Heath Benefits Offered by Millets
5.1.2 Surging Demand for Functional Food Products
5.2 Market Restraints
5.2.1 Fluctuation in the Production of Millets
5.3 Market Opportunities
5.3.1 Rising Demand for Gluten Free Products
5.4 Future Trends
5.4.1 Increasing Demand for Organic Millets
5.5 Impact Analysis Of Drivers And Restraints
6. Millets – Global Market Analysis
6.1 Millets Market Overview
6.2 Millets Market –Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Global Market Players
7. Millets Market Analysis – By Product
7.1 Overview
7.2 Millets Market, By Product (2018 and 2027)
7.3 Organic
7.3.1 Overview
7.3.1.1 Organic: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
7.4 Regular
7.4.1 Overview
7.4.1.1 Regular: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
8. Millets Market Analysis – By Application
8.1 Overview
8.2 Millets Market, By Application (2018 and 2027)
8.3 Infant Food
8.3.1 Overview
8.3.1.1 Infant Food: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
8.4 Bakery Products
8.4.1 Overview
8.4.1.1 Products: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
8.5 Breakfast Foods
8.5.1 Overview
8.5.1.1 Breakfast Foods: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
8.6 Beverages
8.6.1 Overview
8.6.1.1 Beverages: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
8.7 Fodder
8.7.1 Overview
8.7.1.1 Fodder: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.1.1 Others: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
9. Millets Market Analysis – By Distribution Channel
9.1 Overview
9.2 Millets Market, By Distribution Channel (2018 and 2027)
9.3 Supermarket and Hypermarket
9.3.1 Overview
9.3.1.1 Supermarket and Hypermarket: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
9.4 Grocery Stores
9.4.1 Overview
9.4.1.1 Grocery Stores: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
9.5 Online Retail
9.5.1 Overview
9.5.1.1 Online Retail: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.1.1 Others: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
10. Millets Market – Geographic Analysis
10.1 Overview
10.2 North America: Millets Market
10.2.1 North America:Millets Market –Revenue, andForecast to 2027(US$ Million)
10.2.2 North America: Millets Market, by Product
10.2.3 North America: Millets Market, by Application
10.2.4 North America: Millets Market, by Distribution Channel
10.2.5 North America: Millets Market, by Key Country
10.2.5.1 US:Millets Market–Revenue, andForecast to 2027 (US$ Million)
10.2.5.1.1 US: Millets Market, by Product
10.2.5.1.2 US: Millets Market, by Application
10.2.5.1.3 US: Millets Market, by Distribution Channel
10.2.5.2 Canada: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
10.2.5.2.1 Canada: Millets Market, by Product
10.2.5.2.2 Canada: Millets Market, by Application
10.2.5.2.3 Canada: Millets Market, by Distribution Channel
10.2.5.3 Mexico: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
10.2.5.3.1 Mexico: Millets Market, by Product
10.2.5.3.2 Mexico: Millets Market, by Application
10.2.5.3.3 Mexico: Millets Market, by Distribution Channel
10.3 Europe: Millets Market
10.3.1 Europe: Millets Market –Revenue, and Forecast to 2027 (US$ Million)
10.3.2 Europe: Millets Market, by Product
10.3.3 Europe: Millets Market, by Application
10.3.4 Europe: Millets Market, by ProductDistribution Channel
10.3.5 Europe: Millets Market, by Key Country
10.3.5.1 Germany: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
10.3.5.1.1 Germany: Millets Market, by Product
10.3.5.1.2 Germany: Millets Market, by Application
10.3.5.1.3 Germany: Millets Market, by Distribution Channel
10.3.5.2 France: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
10.3.5.2.1 France: Millets Market, by Product
10.3.5.2.2 France: Millets Market, by Application
10.3.5.2.3 France: Millets Market, by Distribution Channel
10.3.5.3 Italy: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
10.3.5.3.1 Italy: Millets Market, by Product
10.3.5.3.2 Italy: Millets Market, by Application
10.3.5.3.3 Italy: Millets Market, by Distribution Channel
10.3.5.4 United Kingdom: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
10.3.5.4.1 United Kingdom: Millets Market, by Product
10.3.5.4.2 United Kingdom: Millets Market, by Application
10.3.5.4.3 United Kingdom: Millets Market, by Distribution Channel
10.3.5.6 Rest of Europe: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
10.3.5.6.1 Rest of Europe: Millets Market, by Product
10.3.5.6.2 Rest of Europe: Millets Market, by Application
10.3.5.6.3 Rest of Europe: Millets Market, by Distribution Channel
10.4 Asia-Pacific: Millets Market
10.4.1 Asia-Pacific: Millets Market –Revenue, and Forecast to 2027 (US$ Million)
10.4.2 Asia-Pacific: Millets Market, by Product
10.4.3 Asia-Pacific: Millets Market, by Application
10.4.4 Asia-Pacific: Millets Market, by ProductDistribution Channel
10.4.5 Asia-Pacific: Millets Market, by Key Country
10.4.5.1 Australia: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
10.4.5.1.1 Australia: Millets Market, by Product
10.4.5.1.2 Australia: Millets Market, by Application
10.4.5.1.3 Australia: Millets Market, by Distribution Channel
10.4.5.2 China: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
10.4.5.2.1 China: Millets Market, by Product
10.4.5.2.2 China: Millets Market, by Application
10.4.5.2.3 China: Millets Market, by Distribution Channel
10.4.5.3 India: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
10.4.5.3.1 India: Millets Market, by Product
10.4.5.3.2 India: Millets Market, by Application
10.4.5.3.3 India: Millets Market, by Distribution Channel
10.4.5.4 Japan: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
10.4.5.4.1 Japan: Millets Market, by Product
10.4.5.4.2 Japan: Millets Market, by Application
10.4.5.4.3 Japan: Millets Market, by Distribution Channel
10.4.5.5 South Korea: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
10.4.5.5.1 South Korea: Millets Market, by Product
10.4.5.5.2 South Korea: Millets Market, by Application
10.4.5.5.3 South Korea: Millets Market, by Distribution Channel
10.4.5.6 Rest of Asia-Pacific: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
10.4.5.6.1 Rest of Asia-Pacific: Millets Market, by Product
10.4.5.6.2 Rest of Asia-Pacific: Millets Market, by Application
10.4.5.6.3 Rest of Asia-Pacific: Millets Market, by Distribution Channel
10.5 Middle East and Africa: Millets Market
10.5.1 Middle East and Africa: Millets Market –Revenue, and Forecast to 2027 (US$ Million)
10.5.2 Middle East and Africa: Millets Market, by Product
10.5.3 Middle East and Africa: Millets Market, by Application
10.5.4 Middle East and Africa: Millets Market, by Product Distribution Channel
10.5.5 Middle East and Africa: Millets Market, by Key Country
10.5.5.1 Niger: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
10.5.5.1.1 Niger: Millets Market, by Product
10.5.5.1.2 Niger: Millets Market, by Application
10.5.5.1.3 Niger: Millets Market, by Distribution Channel
10.5.5.2 Saudi Arabia: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
10.5.5.2.1 Saudi Arabia: Millets Market, by Product
10.5.5.2.2 Saudi Arabia: Millets Market, by Application
10.5.5.2.3 Saudi Arabia: Millets Market, by Distribution Channel
10.5.5.3 U.A.E: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
10.5.5.3.1 U.A.E: Millets Market, by Product
10.5.5.3.2 U.A.E: Millets Market, by Application
10.5.5.3.3 U.A.E: Millets Market, by Distribution Channel
10.5.5.4 Rest of Middle East and Africa: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
10.5.5.4.1 Rest of Middle East and Africa: Millets Market, by Product
10.5.5.4.2 Rest of Middle East and Africa: Millets Market, by Application
10.5.5.4.3 Rest of Middle East and Africa: Millets Market, by Distribution Channel
10.6 South and Central America: Millets Market
10.6.1 South and Central America: Millets Market –Revenue, and Forecast to 2027 (US$ Million)
10.6.2 South and Central America: Millets Market, by Product
10.6.3 South and Central America: Millets Market, by Application
10.6.4 South and Central America: Millets Market, by Product Distribution Channel
10.6.5 South and Central America: Millets Market, by Key Country
10.6.5.1 Brazil: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
10.6.5.1.1 Brazil: Millets Market, by Product
10.6.5.1.2 Brazil: Millets Market, by Application
10.6.5.1.3 Brazil: Millets Market, by Distribution Channel
10.6.5.2 Argentina: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
10.6.5.2.1 Argentina: Millets Market, by Product
10.6.5.2.2 Argentina: Millets Market, by Application
10.6.5.2.3 Argentina: Millets Market, by Distribution Channel
10.6.5.3 Rest of South and Central America: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
10.6.5.3.1 Rest of South and Central America: Millets Market, by Product
10.6.5.3.2 Rest of South and Central America: Millets Market, by Application
10.6.5.3.3 Rest of South and Central America: Millets Market, by Distribution Channel
11. Impact of COVID-19 Pandemic on Global Millets Market
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact assessment of COVID-19 Pandemic
11.4 Asia-Pacific: Impact assessment of COVID-19 Pandemic
11.5 Middle East and Africa: Impact assessment of COVID-19 Pandemic
11.6 South America: Impact assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Product News
12.2 Project Finance
13. COMPANY PROFILES
13.1 Just Organik
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Earthon Products Pvt Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Shimla Hills Offerings Pvt. Ltd.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Pristine Organics Pvt Ltd.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products And Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Sresta Natural Bioproducts Pvt. Ltd.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Dharani FaM CooP Ltd.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Dharmapuri District Minor Millet Farmer Producer Company Limited
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Janadhanya
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Sahaja Samrudha Organic Producer Company Ltd (SSOPCL)
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Viruthai Millets Farmer Producer Company Ltd. (VMFPCL)
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Millets Market –Revenue and Forecast to 2027 (US$ Million)
Table 2. North America: Millets Market, by Product– Revenue and Forecast to 2027 (US$ Million)
Table 3. North America: Millets Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 4. North America: Millets Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 5. US: Millets Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 6. US: Millets Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 7. US: Millets Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 8. Canada: Millets Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 9. Canada: Millets Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 10. Canada: Millets Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 11. Mexico: Millets Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 12. Mexico: Millets Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 13. Mexico: Millets Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 14. Europe: Millets Market, by Product – Revenue and Forecast to 2027 (US$ Million)
Table 15. Europe: Millets Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 16. Europe: Millets Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 17. Germany: Millets Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 18. Germany: Millets Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 19. Germany: Millets Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 20. France: Millets Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 21. France: Millets Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 22. France: Millets Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 23. Italy: Millets Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 24. Italy: Millets Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 25. Italy: Millets Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 26. United Kingdom: Millets Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 27. United Kingdom: Millets Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 28. United Kingdom: Millets Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 29. Russia: Millets Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 30. Russia: Millets Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 31. Russia: Millets Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 32. Rest of Europe: Millets Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 33. Rest of Europe: Millets Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 34. Rest of Europe: Millets Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 35. Asia-Pacific: Millets Market, by Product – Revenue and Forecast to 2027 (US$ Million)
Table 36. Asia-Pacific: Millets Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 37. Asia-Pacific: Millets Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 38. Australia: Millets Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 39. Australia: Millets Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 40. Australia: Millets Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 41. China: Millets Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 42. China: Millets Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 43. China: Millets Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 44. India: Millets Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 45. India: Millets Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 46. India: Millets Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 47. Japan: Millets Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 48. Japan: Millets Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 49. Japan: Millets Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 50. South Korea: Millets Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 51. South Korea: Millets Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 52. South Korea: Millets Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 53. Rest of Asia-Pacific: Millets Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 54. Rest of Asia-Pacific: Millets Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 55. Rest of Asia-Pacific: Millets Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 56. Middle East and Africa: Millets Market, by Product – Revenue and Forecast to 2027 (US$ Million)
Table 57. Middle East and Africa: Millets Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 58. Middle East and Africa: Millets Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 59. Niger: Millets Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 60. Niger: Millets Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 61. Niger: Millets Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 62. Saudi Arabia: Millets Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 63. Saudi Arabia: Millets Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 64. Saudi Arabia: Millets Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 65. U.A.E: Millets Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 66. U.A.E: Millets Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 67. U.A.E: Millets Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 68. Rest of Middle East and Africa: Millets Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 69. Rest of Middle East and Africa: Millets Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 70. Rest of Middle East and Africa: Millets Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 71. South and Central America: Millets Market, by Product – Revenue and Forecast to 2027 (US$ Million)
Table 72. South and Central America: Millets Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 73. South and Central America: Millets Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 74. Brazil: Millets Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 75. Brazil: Millets Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 76. Brazil: Millets Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 77. Argentina: Millets Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 78. Argentina: Millets Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 79. Argentina: Millets Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 80. Rest of South and Central America: Millets Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 81. Rest of South and Central America: Millets Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 82. Rest of South and Central America: Millets Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 83. List of Abbreviation
LIST OF FIGURES
Figure 1. Millets Market Segmentation
Figure 2. Millets Market Segmentation – By Geography
Figure 3. Global Millets Market Overview
Figure 4. Organic Millets is Expected to Show Remarkable Traction During the Forecast Period
Figure 5. Asia Pacific Region Held Largest Share of Global Millets Market
Figure 6. Global Millets Market, Industry Landscape
Figure 7. North America: PEST Analysis
Figure 8. Europe: PEST Analysis
Figure 9. APAC: PEST Analysis
Figure 10. MEA: PEST Analysis
Figure 11. SAM: PEST Analysis
Figure 12. Expert Opinion
Figure 13. Millets Market Impact Analysis Of Driver And Restraints
Figure 14. Geographic Overview of Millets Market
Figure 15. North America: Millets Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. Millets Market Revenue Share, by Product (2018 and 2027)
Figure 17. Organic: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 18. Regular: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 19. Millets Market Revenue Share, by Application (2018 and 2027)
Figure 20. Infant Food: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 21. Bakery Products: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 22. Breakfast Foods: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 23. Beverages: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 24. Fodder: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 25. Others: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 26. Millets Market Revenue Share, by Distribution Channel (2018 and 2027)
Figure 27. Supermarket and Hypermarket: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 28. Grocery Stores: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 29. Online Retail: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 30. Others: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 31. Global Millets Market Revenue Share,by Region (2018 and 2027)
Figure 32. North America:Millets Market– Revenue andForecast to 2027 (US$ Million)
Figure 33. North America:Millets Market Revenue Share, by Product (2018 and 2027)
Figure 34. North America: Millets Market Revenue Share, by Application (2018 and 2027)
Figure 35. North America: Millets Market Revenue Share, by Distribution Channel (2018 and 2027)
Figure 36. North America:Millets MarketRevenue Share, by Key Country(2018 and 2027)
Figure 37. US:Millets Market–Revenue, and Forecast to 2027 (US$ Million)
Figure 38. Canada: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 39. Mexico: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 40. Europe: Millets Market – Revenue and Forecast to 2027 (US$ Million)
Figure 41. Europe: Millets Market Revenue Share, by Product (2018 and 2027)
Figure 42. Europe: Millets Market Revenue Share, by Application (2018 and 2027)
Figure 43. Europe: Millets Market Revenue Share, by Distribution Channel (2018 and 2027)
Figure 44. Europe: Millets Market Revenue Share, by Key Country (2018 and 2027)
Figure 45. Germany: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 46. France: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 47. Italy: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 48. United Kingdom: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 49. Russia: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 50. Rest of Europe: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 51. Asia-Pacific: Millets Market – Revenue and Forecast to 2027 (US$ Million)
Figure 52. Asia-Pacific: Millets Market Revenue Share, by Product (2018 and 2027)
Figure 53. Asia-Pacific: Millets Market Revenue Share, by Application (2018 and 2027)
Figure 54. Asia-Pacific: Millets Market Revenue Share, by Distribution Channel (2018 and 2027)
Figure 55. Asia-Pacific: Millets Market Revenue Share, by Key Country (2018 and 2027)
Figure 56. Australia: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 57. China: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 58. India: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 59. Japan: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 60. South Korea: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 61. Rest of Asia-Pacific: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 62. Middle East and Africa: Millets Market – Revenue and Forecast to 2027 (US$ Million)
Figure 63. Middle East and Africa: Millets Market Revenue Share, by Product (2018 and 2027)
Figure 64. Middle East and Africa: Millets Market Revenue Share, by Application (2018 and 2027)
Figure 65. Middle East and Africa: Millets Market Revenue Share, by Distribution Channel (2018 and 2027)
Figure 66. Middle East and Africa: Millets Market Revenue Share, by Key Country (2018 and 2027)
Figure 67. Niger: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 68. Saudi Arabia: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 69. U.A.E: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 70. Rest of Middle East and Africa: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 71. South and Central America: Millets Market – Revenue and Forecast to 2027 (US$ Million)
Figure 72. South and Central America: Millets Market Revenue Share, by Product (2018 and 2027)
Figure 73. South and Central America: Millets Market Revenue Share, by Application (2018 and 2027)
Figure 74. South and Central America: Millets Market Revenue Share, by Distribution Channel (2018 and 2027)
Figure 75. South and Central America: Millets Market Revenue Share, by Key Country (2018 and 2027)
Figure 76. Brazil: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 77. Argentina: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 78. Rest of South and Central America: Millets Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 79. IMPACT OF COVID-19 PANDEMIC IN NORTH AMERICAN COUNTRY MARKETS
Figure 80. IMPACT OF COVID-19 PANDEMIC IN EUROPE COUNTRY MARKETS
Figure 81. IMPACT OF COVID-19 PANDEMIC IN ASIA PACIFIC COUNTRY MARKETS
Figure 82. IMPACT OF COVID-19 PANDEMIC IN MIDDLE EAST AND AFRICA COUNTRY MARKETS
Figure 83. IMPACT OF COVID-19 PANDEMIC IN SOUTH AMERICA COUNTRY MARKETS
The List of Companies - Global Millets Market
- Dharani FaM CooP Ltd
- Dharmapuri District Minor Millet Farmer Producer Company Limited
- Earthon Products Pvt Ltd
- Janadhanya
- Just Organik
- Pristine Organics Pvt Ltd.
- Sahaja Samrudha Organic Producer Company Ltd (SSOPCL)
- Shimla Hills Offerings Pvt. Ltd
- Sresta Natural Bioproducts Pvt. Ltd.
- Viruthai Millets Farmer Producer Company Ltd. (VMFPCL)
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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