India Millets Market | Share, Analysis, Value, Forecast, COVID-19 IMPACT, Trends, Companies, Industry, Revenue, Growth & Size

India Millets Market Synopsis

The millets market in India is projected to grow at a CAGR of 15.9% during the forecast period (2023-2029). Rising health consciousness among an increasing number of consumers, coupled with emerging trends such as gluten-free and vegan diets, are likely to drive the growth of the market. The growing demand for traditional foods like millet has encouraged numerous food processing companies to launch products based on these grains.

Market Drivers

Millets contain high levels of dietary fiber, magnesium, phosphorus, and iron that aid in weight loss and help regulate blood sugar levels. These health benefits have increased awareness about millets among consumers across cities in India who are more conscious about their health and fitness than ever before. Furthermore, rising disposable incomes have enabled people to opt for premium quality food items like organic or branded millets over generic ones which is driving the market by leaps and bounds. Additionally, supportive government initiatives like Odisha???s `Operation Greens` plan has focused on providing subsidies to farmers cultivating crops such as finger millet which will further boost its production thereby contributing significantly towards overall growth of the industry during 2023-2029period.

Challenges of the Market

The challenges faced by this sector remain largely due to low productivity because most regions lack irrigation facilities along with poor post-harvest management techniques leading to crop losses. This means that even when there is sufficient supply it does not reach markets owing to various issues related to transportation costs & storage infrastructure. Moreover, maximum acreage under smallholder farming combined with limited access to finance makes scaling up difficult for larger players who would otherwise be interested in entering this space.

Key Players in the Market

Some key players operating within India Millet Market include Manna Foods India Pvt Ltd., Little Millet House Pvt Ltd., Nattu Maruthuvam Agro Products LLP , Akshar Health Foods Private Limited , GreenMillets Healthy Solutions Private Limited etc

Key Highlights of the Report:

• India Millets Market Outlook
• Market Size of India Millets Market, 2023
• Forecast of India Millets Market, 2030
• Historical Data and Forecast of India Millets Revenues & Volume for the Period 2020-2030
• India Millets Market Trend Evolution
• India Millets Market Drivers and Challenges
• India Millets Price Trends
• India Millets Porter's Five Forces
• India Millets Industry Life Cycle
• Historical Data and Forecast of India Millets Market Revenues & Volume By Type for the Period 2020-2030
• Historical Data and Forecast of India Millets Market Revenues & Volume By Pearl Millet for the Period 2020-2030
• Historical Data and Forecast of India Millets Market Revenues & Volume By Finger Millet for the Period 2020-2030
• Historical Data and Forecast of India Millets Market Revenues & Volume By ProsoMillet for the Period 2020-2030
• Historical Data and Forecast of India Millets Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of India Millets Market Revenues & Volume By Distribution Channel for the Period 2020-2030
• Historical Data and Forecast of India Millets Market Revenues & Volume By Trade Association& Organization for the Period 2020-2030
• Historical Data and Forecast of India Millets Market Revenues & Volume By Traditional Grocery Stores for the Period 2020-2030
• Historical Data and Forecast of India Millets Market Revenues & Volume By Supermarket for the Period 2020-2030
• Historical Data and Forecast of India Millets Market Revenues & Volume By Online Stores for the Period 2020-2030
• Historical Data and Forecast of India Millets Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of India Millets Market Revenues & Volume By Application for the Period 2020-2030
• Historical Data and Forecast of India Millets Market Revenues & Volume By Infant Food for the Period 2020-2030
• Historical Data and Forecast of India Millets Market Revenues & Volume By Bakery Products for the Period 2020-2030
• Historical Data and Forecast of India Millets Market Revenues & Volume By Beverages for the Period 2020-2030
• India Millets Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Distribution Channel
• Market Opportunity Assessment By Application
• India Millets Top Companies Market Share
• India Millets Competitive Benchmarking By Technical and Operational Parameters
• India Millets Company Profiles
• India Millets Key Strategic Recommendations