Uploaded on Jun 18, 2025
Millets are gaining popularity as food products, and the Food Research Lab discusses the factors that caused this growth.
Factors contributing to Global Millet Market Growth|Food Research Lab
What factors contribute to the growth of the millet market globally? An Academic presentation by Dr. Nancy Agnes, Head, Technical Operations, FoodResearchLab Group: www.foodresearchlab.com Email: [email protected] INTRODUCTION • Millets refer to a diverse group of small-grained cereals and were among the world’s oldest cultivated crops. • They are primarily grown in Asian and African countries, with India being the largest producer, followed by Nigeria, Niger, and China. • They are a traditional crop in parts of Asia and Sub-Saharan Africa. • They are highly resil ient and can withstand harsh environmental conditions [1]. • Millets can be grouped as major millets, which include Sorghum (jowar) and pearl millet (bajra), minor millets, which include fi nger millet (ragi) and small millets (Barnyard millet, Kodo millet, Foxtail millet, Little millet and Proso millet)[ 2]. Factors driving the growth of the millet market The global market for millets was valued at 9.95 bil l ion US dollars and is expected to reach 14.14 bil l ion US dollars by 2028 at a rate of 4.49% Compound Annual Growth Rate (CAGR). The factors that contribute to the growth are as follows Initiatives by national and international organisations • The United Nations has declared 2023 the International Year of Mil lets. • The governments of many countries are also observing the International Year of Mil lets 2023, along with the Food and Agricultural Organisation (FAO), wherein awareness would be created and increase the production and consumption of millets [1]. CONTD... Lack of resources to cultivate wheat and rice • The cultivation of wheat and rice is resource intensive and depends on the availability of labour, capital, energy and water. • These are not available in abundance in South Asian countries. • The lack of underground water, soil fertility, land availability and frequent storms further aggravate the issue. • Millets can grow under extreme conditions and can compensate for the lack of production of wheat and rice [3]. CONTD... Rising health awareness • Consumers are gaining awareness regarding the health benefi ts of millet, which is rich in resistant starch, B vitamins, iron and calcium. • In addition, millets contain antioxidants, which are implicated in preventing and managing lifestyle-related disorders l ike obesity, diabetes and hypertension [4]. • An increasing number of individuals suff er from gluten sensitivity, which causes celiac disease. Millets are the best option for such people since they are g0lut6en-free. • Millets ca0n 7be consumed as cereals, bread, and pancakes [5]. CONTD... The rise of E-Commerce • With an increase in the number of smartphone users, the avenues for e-commerce have been opened, and many industries can place their products with discounts that attract consumers. • The food industries developing millet food products can also off er incentives for consumers, which acts as a factor for growth [ 3]. Innovations in the Food product development • The food industry has become aware of the consumers’ inclination towards natural and organic products, and there have been studies on using millet as an ingredient 0to6 formulate various innovative millet based food products l ike baked food, snacks, granola and muesli. 07 CONCLUSION • The global millet market has experienced signifi cant growth, fuelled by factors like initiatives by national and international organisations, sustainabil ity, increasing consumer awareness, the rise of e-commerce platforms and the development of innovative products where millets can be consumed in forms other than hot cereals HOW THE FOOD RESEARCH LAB CAN HELP • We have a team of experts who help develop food, beverage, nutraceutical and cosmeceutical products. • We begin the process after conducting market and consumer research, which helps our clients make informed decisions regarding product development. • Our expert team has assisted in formulating nutritious and delectable products using millets l ike millet laddoo and ready-to-cook products that can be prepared quickly. • In addition, we also assist with food industry certifi cations and provide labell ing services, ensuring the product formulated meets the regulatory specifi cations, guaranteeing its success. CONTACT US UNITED KINGDOM +44- 161 818 4656 INDIA +91 9566299022 EMAIL [email protected]
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