Millet Market Overview:
Maximize Market Research (MMR) published a report on the Millet market. The report is a comprehensive analysis of the Millet market, based on primary and secondary data. It provides a detailed analysis of the market size and share in each region and segment, making it an investor’s guide.
For detail insights on this market, request for methodology here@ https://www.maximizemarketresearch.com/request-sample/105674
Millet Market Dynamics:
The National Family Health Survey (NFHS) report 2022's data on health indicators reveals that 59.1% of women are anaemic, 35.6% of children are stunted, and 32.2% of children are underweight. There has been a large demand for millet since it is nutritionally superior to cereals, non-acid-forming, non-allergic, easy to digest, rich in protein antioxidants, and dietary fibre. The year 2023 has been designated as the International Year of Millets, according to a proposal to the UNGA.
Millets have increased in production and productivity all over the world because they aid in maintaining body weight, boosting haemoglobin levels, reducing iron deficiency, combating anaemia, diabetes, and cardiovascular disorders.
Millet Market Report Scope and Research Methodology:
The report provides an in-depth analysis of the Millet market at the global, regional, and country levels. It also provides a comprehensive analysis of the competitive landscape of the Millet industry, including the business strategies adopted by the key players. The report includes a list of Millet key competitors, along with their revenue, production capacity, sales, and global presence. SWOT analysis was used to identify the strengths and weaknesses of the key players in the Millet industry. Detailed information on the Millet market dynamics, including drivers, restraints, opportunities, and challenges, is also provided in the report. The bottom-up approach was used to estimate the global and regional Millet market size. Both primary and secondary research methods were used to gather data on market size, market share, regional insights, market dynamics, the performance of key players, and historical data of the industry. The report also includes a detailed value chain analysis, which helps to understand the manufacturing process of Millet, with information on raw materials, customers, and distributors. Additionally, the report includes PORTER, PESTLE analysis, and market attractiveness, which help to understand the Millet market at both macro and micro levels.
Millet Market Regional Insights:
Geographically, the report is segmented into several key countries, including:
North America: the United States, Canada, and Mexico
Europe: the United Kingdom, Germany, France, Spain, Italy, and the rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN countries, and the rest of Asia Pacific
South America: Brazil
Middle East and Africa
Millet Market Segmentation:
by Product Type
1. finger millet
2. pearl millet
3. Kodo millet
4. foxtail millet
5. proso millet
6. barnyard millet
7. little millet
According to product type, sorghum, pearl millet, and a variety of tiny millet are among the most popular millets in India and other Asian and African nations.The majority of millets, including finger millet, pearl millet, Kodo millet, foxtail millet, proso millet, barnyard millet, and tiny millet, are produced and consumed in India.India is the sixth-largest sorghum grower in the world. Studies have looked into how people perceive, are aware of, and know about millets. The widespread knowledge of finger millet's nutritional advantages has been confirmed by research on pearl millet, finger millet, and sorghum that was undertaken in India and South Africa.
by Application
1. Bread goods,
2. Alcoholic and non-alcoholic beverages
3. Breakfast foods
4. Infant food
The millet market is segmented according to application into fodder, bread products, alcoholic and non-alcoholic drinks, breakfast meals, and baby food. Porridge and other millets-based infant foods are ideal for growing the infant market and lowering the prevalence of malnutrition in newborns. Bakery products, notably packaged cookies, are steadily growing in popularity due to their extensive availability in supermarkets, hypermarkets, and online shopping sites, particularly in Asia Pacific countries.
by Distribution Channel
1. super and hypermarkets
2. grocers
3. online retailers
4. others
The millets market is segmented by distribution channel into super and hypermarkets, grocers, online retailers, and others. The other sector previously dominated the millets market, but it is estimated that online sales will grow at the fastest rate over the course of the forecasted period. Wholesalers, specialty stores, and direct sales are additional distribution channels for millets. Direct sales channels create links between companies that manufacture millet products and companies that handle food, as well as between consumers and millet product producers. Lower sales revenues are produced when millets are sold in specialised shops. Because consumers are more confidence when things are physically available, many millet producers desire to sell their goods through retail establishments.
For detail insights on this market, request for methodology here@ https://www.maximizemarketresearch.com/request-sample/105674
Millet Market Key Players:
1. Cargill (US)
2. Archer Daniels Midland Company (US)
3. Seedway, LLC. (US)
4. Ernst Conservation Seeds (US)
5. Eastern Colorado Seeds, LLC (US)
6. Roundstone Native Seed Company (US)
7. Allied Seed, LLC (US)
8. Janadhanya Farmers Producer Company Limited (India)
9. Sresta Natural Bioproducts Pvt Ltd (India)
10. Just Organik (India)
11. Earthon Products Pvt Ltd (India)
12. Shimla Hills Offerings Pvt. Ltd. (India)
13. Pristine Organics Pvt Ltd. (India)
14. Sahaja Samrudha Organic Producer Company Ltd (SSOPCL) (India)
15. Viruthai Millets Farmer Producer Company Ltd. (India)
16. Crystal Crop Protection Pvt. Ltd. (India)
17. DUGAD Agro Foods (India)
18. Croda International Plc (UK)
19. Nestlé S.A. (Switzerland)
20. NH Foods Ltd (Japan)
21. Bayer Crop Science AG (Germany)
22. BASF SE (Germany)
23. Mirfak Pty Ltd, Nuts in Bulk (Australia)
24. RR Agroflorestal LTDA (Brazil)
25. Kerry Group plc (Ireland)
26. BrettYoung (canada)
For any Queries Linked with the Report, Ask an Analyst@ https://www.maximizemarketresearch.com/market-report/global-millet-market/105674/
Key Questions answered in the Millet Market Report are:
- What is the expected Millet market size by 2029?
- What will be the CAGR of the Millet market during the forecast period?
- What are the Millet market segments?
- Which segment held the largest share in the Millet market?
- How is the competitive scenario of the Millet market?
- Which are the key factors driving the Millet market growth?
- What are the key factors restraining the Millet market?
- Which region holds the maximum share in the Millet market?
- Who are the key players in the Millet industry?
Key Offerings:
- Market Overview
- Market Share
- Market Size
- Forecast |2023-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their segments
- Competitive Landscape – Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656