© 2016 Global Market Insights, Inc. USA. All Rights Reserved Millets Market is estimated to surpass USD 12 billion by 2025

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Millets Market size will exceed USD 12 billion by 2025; according to a new research report by Global Market Insights.  Unbalanced urban lifestyle and improper eating habits has resulted into number of ailments such as obesity, diabetes, high blood pressure and has given rise to cardiovascular diseases such as cardiac arrest, arrhythmia, coronary artery disease, etc.  Rice & wheat are water intensive crops, that have put enough pressure on already scarce water resources. According to UN’s FAO data, agriculture takes share of about 70% of global water resources. Large use of water for growing rice and wheat makes its cultivation unsustainable.  In 2018, pearl held highest share in terms of product volume in millets market and is likely to expand at more than 3% CAGR by Massive demand share of pearl millets is due to its rich nutritional value as it has 8 times higher iron content than rice. Key Insights from Millets Market

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Distribution channels play a vital role in value chain of millets market. FPOs and processors are engaged into supply agreements with farmers to bypass the traditional middlemen. They play greater role in proliferation of the various products in market. Supermarkets and traditional grocery stores are important channels in several Asian countries.  Millets are largely grown in Asia Pacific and West Africa, also known as Sub Saharan region. Asia Pacific, mainly India, accounted for over 45% of the overall millets demand in  India is the largest producer of pearl millets followed by Nigeria and China. Massive demand in Asia Pacific is mainly due to emerging nutritional security issues in the region along with massive population. For instance, high nutritional value containing protein and rich dietary fibers, makes it an ideal part of vegetarian diet. Continued...

© 2016 Global Market Insights, Inc. USA. All Rights Reserved U.S. millets market size, by application, (USD Million)

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