Market drivers, market restraints, opportunities and challenges are also evaluated in the Millets report under market overview which gives helpful insights to businesses for taking right moves. This market report is a huge source of information for the major happenings and industry insights which supports to thrive in this competitive age. The report is prepared by taking into account the market type, organization volume, accessibility on-premises, end-users’ organization type, and availability at global level in areas such as North America, South America, Europe, Asia-Pacific, Middle East and Africa. Besides, estimation of strategic options, suggestions of winning action plans and support to make critical bottom-line decisions is also provided by experienced and innovative industry experts.
Data Bridge Market Research analyses that the global millets market will project a CAGR of 4.76% for the forecast period of 2021-2028. Growth and expansion of the food and beverages industry, increasing demand and consumption of safe and natural food products with high nutritional content globally, ever-rising population and increasing personal disposable income are the major factors responsible for the growth of millets market.
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With nearly 6000 varieties, millets are small-seeded cereals that offer a wide range of nutritional properties. A large volume of millet is produced globally of which the majority is consumed and the remaining is used to produce beer, infant food and breakfast. Millets are widely consumed for breakfast. Available in various colours such as pale yellow, white, grey and red, millets are superior in nutritional value than its competitors. However, millets have received less attention as compared to its competitors such as corn flakes, cereals and so on. The gluten-free and hypoglycaemic properties of millets are gaining popularity all over the world.
Global Millets Market Scope and Market Size
The millets market is segmented on the basis of product, application, and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the millets market is segmented into organic and regular. Organic segment is sub-segmented into pearl, finger, proso and foxtail. Regular segment is sub-segmented into pearl, finger, proso and foxtail.
- On the basis of application, the millets market is segmented into infant food, bakery products, beverages, breakfast food and fodder. Beverages segment is sub-segmented into alcoholic beverages and non-alcoholic beverages.
- On the basis of distribution channel, the millets market is segmented into trade associations, supermarket, traditional grocery stores, online stores and others
The major players covered in the millets market report are DSM, Croda International Plc, ADM, BASF SE, Bayer AG, Kerry Group plc, Cargill, Incorporated., OceanWP, Kottaram Agro Foods Pvt Ltd, Rich Millet, Just Organik, Roundstone., Ernst Conservation Seeds, Inc., DuPont., BRETTYOUNG, Seedway, LLC., Sresta Natural Bioproducts Pvt. Ltd., Janadhanya and Pramoda Exim Corporation among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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The Report Can Answer the Following Questions:
1. Who are the global key players of Millets industry? How are their operating situation (capacity, production, price, cost, gross and revenue)?
2. What are the types and applications of Millets ? What is the market share of each type and application?
3. What are the upstream raw materials and manufacturing equipment of Millets ? What is the manufacturing process of Millets ?
4. Economic impact on Millets industry and development trend of Millets industry.
5. What will the Millets market size and the growth rate be in 2029?
6. What are the key factors driving the global Millets industry?
7. What are the key market trends impacting the growth of the Millets market?
8. What are the Millets market challenges to market growth?
9. What are the Millets market opportunities and threats faced by the vendors in the global Millets market?
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