Demand for Millets will Register a Steady CAGR of 5.3% During the Forecast Period (2017 to 2022)

Demand for millets will register a steady CAGR of 5.3% during the forecast period (2017 to 2022). Market Share of millets is anticipated to sell over US$ 13,500 Mn worth across the globe by 2022-end.

The Global Dietary Supplements Industry Current Scenario and Outlook
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Due to the negative after-effects of the pandemic, dietary supplements are gaining more importance as they provide additional nutrient support and foster a speedy recovery in COVID-19 patients. Increasing emphasis on the benefits derived from such supplements will further drive the global dietary supplements industry.

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Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the Millets Market during the historical period. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2019, and key prospects over the forecast period 2017 to 2022. The insights and analytics on the Millets Market span several pages. These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity assessment, end-use/application prospects analysis, and competitive landscape assessment.

With its properties such as high productivity in dry and hot climatic conditions, millets are becoming a favored crop across the globe. Several companies in the market are conducting programs for providing farmers with knowledge and sources to increase millet cultivation. This report, published by Fact.MR, provides in-depth analysis of the global millets market for the forecast period 2017-2022, and offers key insights about future market direction.

Competition Tracking

Fact.MR’s report identifies key player contributing to expansion of the global millets market, which include

  • Archer Daniels Midland Company
  • Cargill Inc.
  • Bayer Crop Science AG
  • Wise Seed Company Inc.
  • E.I. DuPont De Nemours and Company
  • Brett-Young Seeds Limited
  • Ernst Conservation Seeds
  • Roundstone Native Seed Company

Market Taxonomy

Region
  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA
Product Type
  • Pearl Millet
  • Finger Millet
  • Proso Millet
  • Foxtail Millet
  • Others (Japanese barnyard millet, Kodo millet, etc.)
Application
  • Flour
  • Direct Consumption
  • Bakery products
  • Alcoholic Beverages
  • Non Alcoholic Beverages
  • Breakfast Foods
  • Fodder
  • Other Application

After reading the Millets Market report, readers get insight into: 

  • Major drivers and restraining factors, opportunities and challenges, and the competitive landscape
  • New, promising avenues in key regions
  • New revenue streams for all players in emerging markets
  • Focus and changing role of various regulatory agencies in bolstering new opportunities in various regions
  • Demand and uptake patterns in key industries of the Millets Market
  • New research and development projects in new technologies in key regional markets
  • Changing revenue share and size of key product segments during the forecast period 2017 to 2022
  • Technologies and business models with disruptive potential 

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The Report Covers Exhaustive Analysis On:

  • Market Segments
  • Market Dynamics
  • Market Size & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

The global Millets market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.

Some important questions that the Millets Market report tries to answer exhaustively are: 

  • Key strategic moves by various players in the Millets Market in recent years with respect to product launches, deals and tie-ups, and mergers and acquisitions, and divestment of shares
  • Which strategies will enable top players in the Millets Market to expand their geographic footprints
  • Which new business models are expected to change the course of growth of key regional markets in near future
  • Which technologies will witness most attractive research investments and what will be the key sources of funding for startups and new entrants
  • Which products segments have in recent years have seen new, lucrative application areas

Benefits of Fact.MR Study

Fact.MR has gradually established itself as one of the leading market research companies across the globe. Our unique, methodical, and up-to-date approach towards creating high-quality market reports ensures the reports include relevant market insights. Further, our team of analysts leaves no stone unturned while curating market reports in accord with the requirement of our clients.

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