Global Millet Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Distribution Chanal ;

On-Trade and Off-Trade.

By Product Type Insights ;

Pearl Millet ,Finger Millet ,Proso Millet ,Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn327110278 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Millet Market (USD Million), 2021 - 2031

In the year 2024, the Global Millet Market was valued at USD 11,550.29 million. The size of this market is expected to increase to USD 15,797.49 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.6%.

Millets, a group of small-seeded cereals including sorghum, finger millet, pearl millet, barnyard millet, proso millet, and little millet, are cultivated across more than 32 million hectares worldwide, thriving in diverse climates ranging from dry to semi-arid and sub-humid agricultural regions. India, Niger, and China collectively dominate global millet production, accounting for over 55.0% of the total output, with India leading as the largest producer globally. Recently, millet cultivation has seen significant growth in Africa due to governmental support for dryland agriculture, prompted by low water availability and favorable sub-tropical climates for millet cultivation.

These grains are particularly valued for their high protein content, making them popular among vegetarian and vegan populations in regions like the United States, Europe, and Asia-Pacific. The market for millet-based products has seen a positive impact from the pandemic, as more consumers adopt millets and their derivatives in place of junk foods, seeking nutrient-rich options to boost immunity and overall health. This growing consumer preference is driving substantial demand for millet-based foods and products in these regions, highlighting a promising trend for the global millet market's expansion.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Distribution Outlook
    2. Market Snapshot, By By Product Type Insights
    3. Market Snapshot, By Region
  4. Global Millet Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Plant-Based Food Trend
        2. Climate Change and Food Security
      2. Restraints
        1. High Production Costs
        2. Limited Access to Quality Seeds
      3. Opportunities
        1. Product Innovation and Development
        2. Improved Distribution Channels
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Millet Market, By Distribution Outlook, 2021 - 2031 (USD Million)
      1. On-trade
      2. Off-trade
    2. Global Millet Market, By Product Type Insights , 2021 - 2031 (USD Million)
      1. Pearl Millet
      2. Finger Millet
      3. Proso Millet
      4. Others
    3. Global Millet Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. D.G. Yuengling and Son
      2. The Boston Beer Company
      3. The Gambrinus Company
      4. Chimay Beers
      5. Cheeses
      6. Stone & Wood Brewing Co
      7. Vagabund
      8. Lagunitas Brewing Company
      9. New Belgium Brewing Company
  7. Analyst Views
  8. Future Outlook of the Market