Millets Market : Millets, once considered traditional or minor crops, are making a remarkable comeback in the global market, driven by their nutritional value, climate resilience, and increasing consumer awareness of their health benefits. These small-seeded grains, such as sorghum, pearl millet, finger millet, and others, have gained attention as a sustainable and nutritious alternative to conventional grains.
Download Free PDF Sample Report @https://www.globalinsightservices.com/request-sample/GIS24267/?utm_source=SnehaPatil&utm_medium=Linkedwire&utm_campaign=30112023
Key Trends in the Millets Market
- Rising Demand for Nutrient-Dense Foods: Millets are gaining popularity due to their rich nutritional profile, including high fiber, protein, antioxidants, and essential minerals, aligning with the growing trend towards healthier and nutrient-dense foods.
- Gluten-Free and Allergen-Friendly Properties: Millets are inherently gluten-free, making them an attractive option for consumers with gluten sensitivities or allergies, contributing to their increased adoption in various diets.
- Sustainable and Climate-Resilient Crops: Millets are known for their ability to thrive in diverse climatic conditions with minimal water requirements, making them a sustainable option in regions prone to drought or erratic rainfall.
- Diversification in Culinary Usage: The versatility of millets allows for diverse culinary applications, including flour for baked goods, whole grains for salads, and as a base for porridge or pilaf, contributing to their popularity in modern cuisines.
Key Drivers Fueling Market Growth
- Health and Wellness Consciousness: Increased awareness of the health benefits associated with millets, such as aiding in weight management, controlling diabetes, and improving digestion, is driving consumer interest in incorporating millets into their diets.
- Growing Demand for Gluten-Free Products: As the prevalence of gluten-related disorders rises, there’s a surge in demand for gluten-free alternatives like millets, fostering their use in various food products and diets.
- Sustainable Agriculture and Food Security: Millets play a vital role in sustainable agriculture due to their low water and input requirements, contributing to food security and resilience against climate change-related challenges.
- Government Initiatives and Promotion: Various government initiatives and programs promoting the cultivation and consumption of millets for their nutritional benefits are propelling market growth in several regions globally.
Key Players in the Millets Market
- ITC Limited: Known for its “ITC Master Chef” range, offering millet-based products such as flour, flakes, and ready-to-cook meals, promoting healthy eating options.
- 24 Mantra Organic: Renowned for its organic millet offerings, including various millet grains, flour, and millet-based snacks, targeting health-conscious consumers.
- Ancient Harvest: Specializing in gluten-free products, Ancient Harvest offers millet-based pastas, grains, and flour for consumers seeking alternative and nutritious options.
- Organic India: Recognized for its organic millet products, including millet-based cereals, rice, and flours, emphasizing sustainable and healthy living.
- Bajra World: Focusing on pearl millet products, Bajra World offers a range of millet-based items, contributing to the revival of traditional grains in modern diets.
The millets market is experiencing a resurgence driven by consumer interest in healthier, sustainable, and gluten-free alternatives. As the demand for nutrient-dense foods grows and agricultural practices shift towards sustainability, millets are expected to continue their upward trajectory, offering a versatile and nutritious option in the global food market.