Millet Market size was valued at USD 10.86 Billion in 2022 and the total Millet Market revenue is expected to grow at 4.82 % from 2023 to 2029, reaching nearly USD 15.11 Billion.
Millet Market Overview:
The Millet market‘s competitive landscape comprises information about rivals. A firm overview, financials, revenue produced, market potential, R&D investment, new market efforts, geographical presence, business strengths and weaknesses, product launch, and application domination are among the topics covered. The following information is only relevant to the organization’s focus on the Millet market.
Market Scope:
To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The research’s market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). To create percentage splits, market shares, and segment breakdowns, weights based on usage rate and average sale price are applied to each location. The percentage acceptance or usage of the given market Size in the relevant area or nation determines the country-wise segmentation of the main market and its sub-segments.
Millet Market Dynamics:
The National Family Health Survey (NFHS) report 2022’s data on health indicators reveals that 59.1% of women are anemic, 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 fiber. The year 2023 has been designated as the International Year of Millets, according to a proposal to the UNGA.
Request For Free Sample: link https://www.maximizemarketresearch.com/request-sample/105674
Millet Market Segmentation:
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.
Millet Market Key Players: Market leaders are identified by primary and secondary research, and market revenue is calculated using primary and secondary research. The core study included in-depth interviews with key thought leaders and industry experts such as experienced front-line personnel, CEOs, and marketing executives. In-depth interviews with important thought leaders and industry experts, such as experienced front-line personnel, CEOs, and marketing executives, were conducted as part of primary research, while secondary research included a review of the major manufacturers’ annual and financial reports. Secondary data is utilized to calculate percentage splits, market shares, growth rates, and global market breakdowns, which are then verified against primary data. The following are the key players of the Millet market-
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)
Request For Free Sample: link https://www.maximizemarketresearch.com/request-sample/105674
Regional Analysis:
Individual market influencing components and changes in market rules that affect current and future market trends are also investigated in the geographical component of the research. Some of the factors used to forecast market scenarios for various countries include downstream and upstream value chain analysis, technological trends, Porter’s five forces analysis, and case studies.
COVID-19 Impact Analysis on Millet Market: Furthermore, the research assesses the impact of COVID-19 on the Millet market. The fundamental purpose of this research is to help users understand the market in terms of definition, segmentation, market potential, key trends, and difficulties that the industry confronts across major regions. The paper provides a microeconomic and macroeconomic analysis of the overall impact of COVID-19 on the Millet Market. The report focuses on market share and size, clearly demonstrating the pandemic’s influence on the worldwide Millet Market in the next years.
Key Questions Answered in the Millet Market Report are:
- What will be the Millet market’s CAGR throughout the projected period
- Which market category emerged as the market leader in the Millet industry?
- Who are the key players in the Millet market?
- What important trends in the Millet industry are anticipated to develop throughout the forecast period?
- How big will the Millet market be in 2027?
- In 2020, which business segment had the highest proportion of the Millet market?
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:
MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 444 West Lake Street, Floor 17,
Chicago, IL, 60606, USA.
✆ +1 800 507 4489
✆ +91 9607365656
🖂 [email protected]
