Millet Market Size, Share, Growth, Trends with Impact of Covid-19 and Forecast by 2022-2030

The report offers a latest study about the present worldwide market development strategy, pre and post covid-19 situation, by latest trends and drivers, and type, application. The report on Millet market offers qualitative along with quantitative study in terms of market dynamics, competition scenarios, opportunity analysis, market growth, industrial chain, and forecast by 2021-2024.

The global millet consumption has declined at a rate of 0.9% and expected to witness positive movement during 2019-2024. India, Niger, and China are the largest producers of millet in the world, accounting for more than 55% of global production.

For many years, India was the world’s major producer of millet. However, in recent years, millet production has increased dramatically in Africa.

Scope of the Report

Millets are the cereal crops generally small-seeded and known for high nutritive value.

The report comprises of production and consumption analysis of millets grown across the world.

Key Market Trends

India dominates global production

The global millet production was estimated at 27.8 million ton. India is the largest global producer with a 41.04% global market share. In the last two decades, the importance of millet as food staples, particularly in India, has been declining due to various factors, including rising incomes, growing urbanization, and government policies. More than 50% of the millet production is currently finding its way into alternative uses as opposed to its consumption only as a staple.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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Details
INH-18091529

26-Apr-2021

100
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