Millet Flour Market to grow at a CAGR of 5.90 percent to reach USD 7.44 Bn by 2029

The growing trend of gluten-free and plant-based diets is expected to drive the demand for millet flour in regions where it is not traditionally consumed.

(EMAILWIRE.COM, June 19, 2023 ) As per Maximize Market research, the Millet Flour Market was USD 4.98 Bn in 2022 and is expected to grow at a CAGR of 5.90 percent over the forecast period to reach USD 7.44 Bn by 2029.

Millet Flour Market Report Scope and Research Methodology

The report includes an in-depth region-wise and segment-wise analysis of the Millet Flour Market size and share. The data for the report is gathered by using both the data collection methods that are primary and secondary.

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Millet Flour Market Dynamics

The increasing awareness about the health benefits of Millet Flour, growing trend of gluten-free and plant-based diets and technological advancements in processing and packaging are the influencing factors for the market growth. The Millet Flour Market growth is hampered by limited awareness of health benefits

Millet Flour Market Regional Insights

Asia Pacific is expected to hold the Millet flour market during the forecast period. This is due to the increasing demand for organic and natural products.

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Millet Flour Market Segmentation

By Nature
Organic
Conventional

By Application
Bakery products
Snacks
Breakfast cereals
Health drinks

By Distribution Channel
Direct sales
Indirect sales

By End Use Industry
Bakery
Hotels/Restaurants
Food Processing units
Home-based cooking

By Type
Sorghum Millet Flour
Proso Millet Flour
Pearl Millet Flour
Foxtail Millet Flour
Finger Millet Flour

Millet Flour Key Competitors include:

Bob’s Red Mill Natural Foods
Arrowhead Mills
Grain Millers
Shipton Millers
PureLiving
Bayer AG
Imperial World Trade Pvt. Ltd.
Jiwa
RiceBran Technologies
TOOTSI IMPEX Inc.

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Maximize Market Research is leading Food & Beverages research firm, has also published the following reports:

Millet Market- The market size is expected to reach USD 15.11 Bn by 2029 at a CAGR of 4.82 percent during the forecast period.

Sugar Free Cookies Market- The Market size is expected to reach USD 6.43 Bn by 2029 at a CAGR of 5.8 percent during the forecast period.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

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