An excellent Millets Market research report provides clients with the information on their business scenario with which they can build business strategies to thrive in the market. This makeover can be subjected to the moves of key players or brands which include developments, product launches, joint ventures, mergers and acquisitions that in turn change the view of the global face of the industry. According to this market report, the global market is anticipated to observe a moderately higher growth rate during the forecast period. Millets Market report also covers strategic profiling of the major players in the market, all-inclusive analysis of their basic competencies, and hence keeps competitive landscape of the market in front of the client.
The large scale Millets Market report makes customers or other market participants aware of the problems they may face while operating in this market over a longer period of time. It generally includes major manufacturers, suppliers, distributors, traders, customers, investors, major types, and major applications. The data gathered to prepare this report is based on the data collection modules with large sample sizes. With Millets Market report study, businesses can know about the key opportunities in the market and influencing factors which is useful to take business to the highest level.
Data Bridge Market Research analyses that the global millets market will project a CAGR of 4.76% for the forecast period of 2021-2028. Growth and expansion of the food and beverages industry, increasing demand and consumption of safe and natural food products with high nutritional content globally, ever-rising population and increasing personal disposable income are the major factors responsible for the growth of millets market.
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Market Overview
With nearly 6000 varieties, millets are small-seeded cereals that offer a wide range of nutritional properties. A large volume of millet is produced globally of which the majority is consumed and the remaining is used to produce beer, infant food and breakfast. Millets are widely consumed for breakfast. Available in various colours such as pale yellow, white, grey and red, millets are superior in nutritional value than its competitors. However, millets have received less attention as compared to its competitors such as corn flakes, cereals and so on. The gluten-free and hypoglycaemic properties of millets are gaining popularity all over the world.
The major players covered in the millets market report are DSM, Croda International Plc, ADM, BASF SE, Bayer AG, Kerry Group plc, Cargill, Incorporated., OceanWP, Kottaram Agro Foods Pvt Ltd, Rich Millet, Just Organik, Roundstone., Ernst Conservation Seeds, Inc., DuPont., BRETTYOUNG, Seedway, LLC., Sresta Natural Bioproducts Pvt. Ltd., Janadhanya and Pramoda Exim Corporation among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Global Millets Market Scope and Market Size
The Global Millets Market is segmented on the basis of product, application, and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the millets market is segmented into organic and regular. Organic segment is sub-segmented into pearl, finger, proso and foxtail. Regular segment is sub-segmented into pearl, finger, proso and foxtail.
- On the basis of application, the millets market is segmented into infant food, bakery products, beverages, breakfast food and fodder. Beverages segment is sub-segmented into alcoholic beverages and non-alcoholic beverages.
- On the basis of distribution channel, the millets market is segmented into trade associations, supermarket, traditional grocery stores, online stores and others.
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Millets Market Landscape
Part 04: Global Millets Market Sizing
Part 05: Global Millets Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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