Market Overview:
According to IMARC Group's latest research publication, "Millet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2026-2034", The global millet market size reached USD 14.0 Billion in 2025. Looking forward, IMARC Group expects the market to reach USD 19.7 Billion by 2034, exhibiting a growth rate (CAGR) of 3.78% during 2026-2034.
This detailed analysis primarily encompasses industry size, business trends, market share, key growth factors, and regional forecasts. The report offers a comprehensive overview and integrates research findings, market assessments, and data from different sources. It also includes pivotal market dynamics like drivers and challenges, while also highlighting growth opportunities, financial insights, technological improvements, emerging trends, and innovations. Besides this, the report provides regional market evaluation, along with a competitive landscape analysis.
How AI is Reshaping the Future of Millet Market
- AI boosts millet production by optimizing crop yields with predictive analytics, using high-quality satellite imagery for accurate crop monitoring and forecasting.
- Companies utilize AI-driven crop disease detection and drone analytics to improve farming efficiency, with 25% of farms using automated irrigation systems for sustainable cultivation.
- AI enhances millet processing quality, with 20% of food manufacturers using machine learning to optimize texture, flavor, and nutritional preservation in millet-based products.
- Supply chain efficiency improves as AI reduces millet spoilage by 10-12% through smart storage solutions and predictive logistics, supporting sustainable agriculture.
- Digital platforms and AI chatbots support agricultural extension agents in providing timely advice to farmers, with technology reaching 10,000 agents globally for improved millet farming practices.
Download a sample PDF of this report: https://www.imarcgroup.com/millet-market/requestsample
Key Trends in the Millet Market
- Growing Health Consciousness and Clean Label Demand: Consumers are increasingly choosing millet for its gluten-free, nutrient-rich properties. About 45% of health-conscious consumers value natural superfood products, with 22% of new millet product launches highlighting sustainability and clean labels. Millets are rich in fiber, protein, vitamins, and minerals, making them ideal for diabetes management and weight control.
- Government Support and Policy Initiatives: Governments worldwide are promoting millets to enhance food security and support sustainable agriculture. India's Production Linked Incentive Scheme for Millet-Based Products (PLISMBP) with ?800 crore budget supports branded RTE and RTC products. India declared 2023 as the "International Year of Millets," boosting cultivation and consumer awareness.
- Expanding Gluten-Free and Functional Food Markets: Rising gluten intolerance and celiac disease drive demand for naturally gluten-free millets. Brands like Bob's Red Mill and 24 Mantra Organic are launching millet-based flours, breakfast cereals, and snacks. The Global Gluten-Free Forum highlighted millets as a top gluten-free ingredient in 2024.
- Innovation in Millet-Based Products: Major food companies are introducing innovative products including millet snacks, breakfast cereals, bakery products, and beverages. PepsiCo launched Kurkure Multigrain with millet ingredients, while Tata Consumer Products expanded its Tata Soulfull millet-based breakfast cereal range in 2024.
- Sustainability and Climate Resilience: Millets are drought-resistant crops requiring 70% less water than rice, making them crucial for climate-smart agriculture. Their ability to thrive in harsh conditions addresses water scarcity and supports sustainable farming practices globally, particularly in arid and semi-arid regions.
Growth Factors in the Millet Market
- Rising Health Awareness and Nutritional Benefits: Consumers are becoming more aware of diet-related issues like obesity, diabetes, and heart disease, viewing millets as a natural solution. Around 42% of global consumers seek healthier diets. Nestlé India's millet-based breakfast cereals and infant nutrition products saw significant market success in 2024.
- Increasing Demand for Sustainable and Organic Foods: The rising trend toward natural lifestyles has expanded organic farming practices, leading to more organic millet production. Consumers are avoiding pesticide-treated and genetically modified crops, with 35% favoring planet-friendly products that support eco-friendly farming practices.
- Government Incentives and Agricultural Support: Schemes like India's PKVY offer ?671.2 per hectare to boost sustainable practices. The Indo-US Millets Initiative launched in January 2024 aims to enhance awareness, production, and consumption of nutrient-rich millets, strengthening global market presence.
- Improved Supply Chain and Distribution Networks: Modern storage systems, improved transportation networks, and integration into e-commerce platforms are expanding millet accessibility. Supermarkets hold significant market share, while online retail is growing rapidly with platforms like Zepto offering 10-minute delivery of millet products.
- Technological Advancements in Farming: Precision agriculture technologies, AI-powered sensors, improved seed varieties, and enhanced milling processes are increasing production efficiency and reducing waste. Over 70% of large farms plan to adopt AI-powered crop management tools by 2024 for smarter cultivation.
We explore the factors propelling the millet market growth, including technological advancements, consumer behaviors, and regulatory changes.
Leading Companies Operating in the Global Millet Industry:
- Archer-Daniels-Midland Company
- Bayer AG
- Brett-Young Seeds Limited
- Cargill Incorporated
- Ernst Conservation Seeds
- Roundstone Native Seed Company
- Seedway LLC
Millet Market Report Segmentation:
Breakup By Product Type:
- Pearl Millet
- Finger Millet
- Proso Millet
- Others
Pearl millet accounts for the majority of shares due to its exceptional nutritional profile and adaptability to harsh growing conditions.
Breakup By Application:
- Infant Food
- Bakery Products
- Beverages
- Others
Infant food dominates the market due to increasing awareness of millet's nutritional benefits for child development.
Breakup By Distribution Channel:
- Supermarket and Hypermarkets
- Traditional Grocery Stores
- Online Stores
- Others
Traditional grocery stores dominate the market due to enhanced user experience and product accessibility.
Breakup By Region:
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Asia Pacific enjoys the leading position owing to strong government support, health-conscious populations, and large-scale millet production across India and China driving demand and exports.
Recent News and Developments in Millet Market
- January 2025: The Agriculture Department of Kashmir launched a millet promotion drive in Pulwama district under the National Food Security Mission, educating 200 farmers about nutritional benefits and climate resilience of Pearl millet, Sorghum, and Finger millet.
- August 2024: The Prime Minister of India launched 109 new and hybrid varieties across 61 crops, including millets such as barley, sorghum, pearl millet, and finger millet, aimed at enhancing yields and improving quality.
- July 2025: Sabala Millets from Ramoji Group launched its products on Zepto, offering 10-minute delivery of millet cookies, meal bars, and protein bars in Hyderabad and Bengaluru.
- Q2 2024: Tata Consumer Products launched millet-based breakfast cereals under Tata Soulfull brand, expanding its healthy food portfolio to capitalize on growing millet demand.
- Q2 2024: ITC launched millet cookies under Sunfeast brand, and PepsiCo India introduced millet-based snacks under Kurkure brand to support government millet promotion initiatives.
Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.
About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No: (D) +91 120 433 0800
United States: +1-201971-6302
Comments