Millet Based Packaged Food Market to Grow with a CAGR of 9.20% through 2029

The growth of the millet based packaged food market is driven by increasing demand for gluten-free and nutrient-rich options, growing awareness of millets' health benefits, and shifting consumer preferences towards natural ingredients.

According to TechSci Research report, “Millet Based Packaged Food Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the global Millet Based Packaged Food Market was valued at USD 42.33 Million in 2023 and is expected to reach USD 71.54 Million by 2029 with a CAGR of 9.20% during the forecast period. The global millet based packaged food market is experiencing significant growth, driven by changing consumer preferences, increasing awareness about health and nutrition, and the rising demand for gluten-free and plant-based products. Millets, which are a group of small-seeded grains that belong to the Poaceae family, have long been consumed in regions such as Asia, Africa, and parts of Europe. These grains, which include varieties like pearl millet, finger millet, foxtail millet, and others, are gaining popularity in developed markets as consumers turn to nutrient-dense, gluten-free alternatives to traditional cereals like wheat and rice. The global demand for millet based products has been spurred by the shift towards healthier eating habits, fueled by rising concerns over obesity, diabetes, and other lifestyle diseases. As people seek foods that align with healthier living, millet based packaged foods are being embraced due to their high fiber content, essential nutrients, and sustainable agricultural practices.

Gluten intolerance and celiac disease have become more recognized in recent years, creating a surge in the demand for gluten-free food products. Millets, naturally gluten-free, serve as an ideal substitute for wheat and other gluten-containing grains. This demand for gluten-free products has prompted food manufacturers to explore new formulations and products, incorporating millets into breakfast cereals, snacks, bakery items, and ready-to-eat meals. Millets offer a range of benefits beyond just being gluten-free, including their high fiber content, low glycemic index, and rich supply of vitamins, minerals, and antioxidants. These nutritional advantages make millets an attractive option for consumers who are health-conscious and looking for nutrient-dense food choices. As consumer awareness about the benefits of millets continues to grow, there is an increasing adoption of millet based packaged foods in various regions.

Another important factor driving the market is the rising awareness of millets’ environmental benefits. Millets are known to be highly sustainable crops that require fewer water resources compared to more traditional grains such as rice and wheat. They are also well-suited to grow in areas with less fertile soil and in drought-prone regions, making them an important crop in addressing food security in climate-affected areas. The environmental advantages of millets have captured the attention of consumers, particularly those who are environmentally conscious and prefer sustainable, eco-friendly products. Furthermore, the increasing demand for plant-based foods, driven by ethical and environmental concerns, has aligned with the rise of millet based packaged foods. Millets, being plant-based and requiring fewer resources to produce, are becoming an integral part of the sustainable food movement. Governments and agricultural organizations are also promoting millets as an alternative to water-intensive grains, thereby encouraging the development of millet based food products that appeal to environmentally conscious consumers.

The global millet based packaged food market is poised for significant growth, driven by the rising demand for healthy, sustainable, and gluten-free food options. Factors such as increasing health consciousness, the demand for plant-based foods, and the environmental benefits of millets are all contributing to the expansion of this market. With innovation in product offerings and growing consumer awareness, millet based products are becoming a mainstream choice in various food categories. However, challenges such as limited consumer awareness, supply chain complexities, and competition from traditional grains and other superfoods need to be addressed for continued growth. As more consumers embrace millets for their nutritional value and sustainability, the market is expected to expand further, providing ample opportunities for manufacturers and food brands to capitalize on this trend.

Browse over xx market data Figures spread through xx Pages and an in-depth TOC on "Global Millet Based Packaged Food Market.” 

The global millet based packaged food market is segmented into product type, distribution channel, region.

The online segment is the fastest-growing in the global millet based packaged food market, driven by the increasing shift towards e-commerce and changing consumer shopping behaviors. With the convenience of shopping from home, consumers are increasingly turning to online platforms to purchase millet based products, including snacks, breakfast cereals, and ready-to-eat meals. Online stores offer a wide variety of millet based packaged foods, catering to health-conscious individuals and those seeking gluten-free or plant-based options. The ability to compare products, read reviews, and access niche offerings that may not be available in physical stores is contributing to the growth of this segment. Additionally, the growing popularity of direct-to-consumer brands and subscription services has further fueled the rise of online sales in the millet based packaged food market.

The Asia-Pacific region is the fastest-growing market for millet based packaged food, driven by increasing awareness of millets' health benefits and their historical consumption in the region. Countries like India, China, and several Southeast Asian nations have long used millets in traditional diets, and now, there is a rising demand for packaged millet based foods such as snacks, breakfast cereals, and ready-to-eat meals. The growing middle class, changing dietary preferences, and increasing health consciousness are fueling this growth. Additionally, governments and agricultural organizations are promoting millets for their nutritional value and environmental benefits, boosting local production. The expanding availability of millet based products through modern retail and online platforms is further contributing to the growth in the Asia-Pacific region.

Major companies operating in global Millet Based Packaged Food Market are:

• General Mills, Inc.
• Nestlé S.A.
• The Kraft Heinz Company
• The Hain Celestial Group, Inc.
• Suntory Holdings Limited
• Cargill, Incorporated
• PepsiCo, Inc.
• Danone S.A.
• Kellanova 
• The Hershey Company

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“The global millet based packaged food market is witnessing robust growth, driven by several key factors, including increased health consciousness, demand for gluten-free products, and the rising popularity of plant-based diets. As consumers become more health-focused, they are actively seeking nutritious alternatives to traditional grains like wheat and rice. Millets, known for their high fiber, protein, and micronutrient content, have emerged as a preferred choice for those following gluten-free, low-carb, or plant-based diets. In addition, the growing awareness of millets' sustainability benefits is further propelling market growth. Millets require fewer resources to cultivate, making them an eco-friendly choice compared to more water-intensive crops. This aligns with the increasing consumer demand for sustainable food options. Moreover, the innovation in product offerings, such as millet based snacks, cereals, and ready-to-eat meals, has expanded the market's appeal. With the increasing availability of these products, the millet based packaged food market is expected to continue its upward trajectory globally“, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

"Millet Based Packaged Food Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type (Dosa & Idli Premix, Waffle & Pancake Premix, Instant Upma, RTE Noodles, Multigrain Flour, Protein Rich Bars, Others), By Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Online, Others), By Region, By Competition, 2019-2029F”, has evaluated the future growth potential of global millet based packaged food market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global millet based packaged food market .

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