Millet Market

By Product;

Organic and Regular

By Application;

Infant Food, Bakery Products, Beverages, Breakfast Food and Fodder

By Distribution Channel;

Trade Associations, Supermarket, Traditional Grocery Stores, Online Stores and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn327110278 Published Date: September, 2025 Updated Date: October, 2025

Millet Market Overview

Millet Market (USD Million)

Millet Market was valued at USD 11,550.29 million in the year 2024. The size of this market is expected to increase to USD 15,797.49 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.6%.


Millet Market

*Market size in USD million

CAGR 4.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.6 %
Market Size (2024)USD 11,550.29 Million
Market Size (2031)USD 15,797.49 Million
Market ConcentrationHigh
Report Pages318
11,550.29
2024
15,797.49
2031

Major Players

  • D.G. Yuengling and Son
  • The Boston Beer Company
  • The Gambrinus Company
  • Chimay Beers
  • Cheeses
  • Stone & Wood Brewing Co
  • Vagabund
  • Lagunitas Brewing Company
  • New Belgium Brewing Company

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Millet Market

Fragmented - Highly competitive market without dominant players



The Millet Market is experiencing strong momentum as consumers increasingly embrace nutrient-rich and sustainable grains. Valued for their high protein, fiber, and mineral content, millets are being positioned as healthier substitutes for conventional cereals. More than 55% of health-driven buyers prefer millet products due to their digestive benefits and low glycemic index, making them a core part of balanced diets.

Rising Consumer Inclination Toward Wellness
The surge in organic and plant-based consumption is strengthening demand for millet-based offerings. Nearly 50% of buyers opt for whole-grain alternatives, reflecting an increased focus on functional nutrition. With millets containing around 30% higher fiber than commonly used cereals, they are fast becoming a preferred option for consumers seeking long-term health benefits.

Growing Role in Packaged Foods
Manufacturers are tapping into this trend by integrating millets into ready-to-eat snacks, beverages, and baked goods. Approximately 40% of innovations in the health-food industry now feature millet as a key ingredient. This wider usage highlights millet’s growing presence across value-added product lines beyond traditional meals.

Influence of Lifestyle Changes
Evolving consumer lifestyles with greater emphasis on weight control and heart health are accelerating millet adoption. Nearly 45% of individuals managing chronic illnesses now include millet in their regular meals. The increasing recognition of millet as both gluten-free and diabetic-friendly is also boosting its acceptance across diverse consumer segments.

Market Outlook and Potential
The future of the millet market looks promising, supported by its nutritional excellence and environment-friendly farming practices. Rising consumer education, product innovations, and the demand for sustainable food crops will continue fueling growth. Positioned at the intersection of health trends and eco-conscious living, the millet market is on track for significant expansion.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Millet Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Plant-Based Food Trend
        2. Climate Change and Food Security
      2. Restraints
        1. High Production Costs
        2. Limited Access to Quality Seeds
      3. Opportunities
        1. Product Innovation and Development
        2. Improved Distribution Channels
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Supplirs
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Millet Market, By Product, 2021 - 2031 (USD Million)
      1. Organic
      2. Regular
    2. Millet Market, By Application, 2021 - 2031 (USD Million)
      1. Infant Food
      2. Bakery Products
      3. Beverages
      4. Breakfast Food
      5. Fodder
    3. Millet Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Trade Associations
      2. Supermarket
      3. Traditional Grocery Stores
      4. Online Stores
      5. Others
    4. Millet Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. D.G. Yuengling and Son
      2. The Boston Beer Company
      3. The Gambrinus Company
      4. Chimay Beers
      5. Cheeses
      6. Stone & Wood Brewing Co
      7. Vagabund
      8. Lagunitas Brewing Company
      9. New Belgium Brewing Company
  7. Analyst Views
  8. Future Outlook of the Market