Millets Market is Booming in 2020

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Millets are considered Superfoods as they are gluten-free and rich in many functional compounds like dietary fiber, slowly digestible carbohydrates, high protein content, B-complex vitamins, calcium, iron, magnesium, manganese, copper, and phytochemicals.

They are having non-acid forming properties, easy to digest, and non-allergic.

Millets Market is booming
Types of Millets grown in India

Millets are mostly grown in developing countries especially in Asia and Africa taking into a share of 97%. The Types of Millet grown in India which you can check in my previous blog.

Potential of Millet Products:

Millet based products such as flakes, cookies, and ready to eat products are getting more demand in India and around the globe. Nowadays when you tune to the youtube channel lots of millet-based recipes are coming forward as it is healthy and nutritious.

But we cannot ignore the baby food market segment where a lot of products have launched in India and worldwide.

Recently when I was going through the search on the Internet lot of questions were coming, Are Millets Good for Babies?? This shows the potential of Millets.

Millet Market
Millets are Good for Babies

Millet Research & Forcast:

In recent news published in The Hindu BusinessLine could find an article Strong immunity is a key weapon in the fight against COVID-19. Research reports suggest that patients with good immunity levels are able to fight the infection in a better way. A fair dose of millet intake would help people boost their immune system.

According to a report announced by the “North America Millets Market Forecast to 2027- COVID-19 Impact and Regional Analysis By Product; Application; Distribution Channel; and Country, where they have mentioned that The North America Millets Market was valued at US$ 841.87 million in 2018 and expected to grow at a CAGR of 4.0% during 2019-2027 to reach US$ 1,192.24 million by 2027.

I could also find the indication of Millets booming when I see my My Youtube Channel  Analytics where most of the audiences are from the United States, United Kingdom, Canada, Malaysia, Australia, Nigeria, and many more on the list.

The search for Millets is increasing around the globe as now people have understood the importance and health benefits.

So, the potential of millets and the market is going to boom in the coming days. The entrepreneurs who are into Millet Business and who are thinking to enter into this segment should grab the opportunity as soon as possible.

The farmers growing Millets should focus more on this crop as it will be giving them more returns as compared to others.

Finally, I must say that Millets are the crops of the Future. 

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