Pearl Millets to Remain Most Preferred Products in the Global Millets Market – Fact.MR Survey

250 Pages Millets Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.

The report offers actionable and valuable market insights of Millets. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Millets Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Millets market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Millets

This newly published and insightful report sheds light on Market Insights of Millets, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Millets Market.

Demand for millets will register a steady CAGR of 5.3% during the forecast period (2017 to 2022). Global millets market is anticipated to sell over US$ 13,500 Mn worth across the globe by 2022-end.

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Market Taxonomy

Region
  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA
Product Type
  • Pearl Millet
  • Finger Millet
  • Proso Millet
  • Foxtail Millet
  • Others (Japanese barnyard millet, Kodo millet, etc.)
Application
  • Flour
  • Direct Consumption
  • Bakery products
  • Alcoholic Beverages
  • Non Alcoholic Beverages
  • Breakfast Foods
  • Fodder
  • Other Application

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

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Competition Tracking

Fact.MR’s report identifies key player contributing to expansion of the global millets market, which include

  • Archer Daniels Midland Company
  • Cargill Inc.
  • Bayer Crop Science AG
  • Wise Seed Company Inc.
  • E.I. DuPont De Nemours and Company
  • Brett-Young Seeds Limited
  • Ernst Conservation Seeds
  • Roundstone Native Seed Company

Dominance of Pearl Millets among Product Types to Remain Unchallenged

On the basis of product type, dominance of pearl millets will remain unchallenged throughout the forecast period. Pearl millets adapt well to extremely hot climatic conditions, and are resistant to draught conditions. Sales of proso millets are also expected gain momentum, owing to their property of lowest water necessity. Compared to all the product variants of millets, foxtail millets will witness the fastest expansion in sales through 2022.

While modern trade and specialty stores are anticipated to remain the major distribution channels for millets, their sales in online stores and traditional grocery stores are expected to witness a relatively faster expansion through 2022, Between online stores and traditional grocery stores, although the former will represent faster expansion in millet sales, the latter will account for a higher revenue share of the market through 2022.

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Key Question answered in the survey of Millets market report:

  • Sales and Demand of Millets
  • Growth of Millets Market
  • Market Analysis of Millets
  • Market Insights of Millets
  • Key Drivers Impacting the Millets market
  • Which are the Key drivers impacted by Millets market
  • Restraints Shaping Market Growth
  • Market Survey of Millets

More Valuable Insights on Millets Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Millets, Sales and Demand of Millets, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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