Global Millets Market Size
The global millets market is projected to reach US$17.65 billion by 2032, up from US$10.56 billion in 2023, with a compound annual growth rate (CAGR) of 5.88% between 2023 and 2032. This growth is being driven by increasing consumer demand for healthier food options, a shift towards vegan and vegetarian diets, the widespread cultivation of millets as food crops, and a growing emphasis on nutrition worldwide.
Millets Industry Overview
Millets are a group of small, nutrient-dense cereal grains that have been cultivated for thousands of years. They include varieties such as pearl millet, finger millet, and foxtail millet. Millets are known for their high nutritional value, offering a rich source of essential nutrients like fiber, proteins, vitamins, and minerals, including magnesium, phosphorus, and iron.
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Globally, millets are used in various culinary applicati