Millet Market to Discern Steadfast Expansion During 2030

Posted by Aparna P on August 4th, 2022

Originally a fad, due to the increasing consumption of millet among urban individuals for its protein and mineral content, the millet market is set to witness continual upward growth in its trajectory. Millet contains proteins and minerals including iron, and calcium.
 
 It is gluten-free and helps in losing weight. Hence, it is complementing staple food in various regions and consumed in the form of porridges and flatbread. Also, with rising awareness among young generation the demand for millet is also increasing.
 
Another factor that makes millet popular among people is its drought resistant property. The millet crop can resist high temperatures, making it a favourable for use in drought prone area.
 
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Demand for millet is increasing in countries in Asia Pacific, hence, farmers are inclining towards millet farming over rice and wheat. However, the high product cost is a restraining factor for millet to become a common food. The price of millet is considerably high because of poor supply chain and comparatively lesser production volume, when compared to wheat and rice.
 
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Aparna P

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Aparna P
Joined: May 13th, 2021
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