Millet Flour Market: Growing trend of gluten-free and plant-based diets to boost the market growth

Global Millet Flour Market size was valued at USD 4.98 Bn in 2022 and Millet Flour market revenue is expected to reach USD 7.44 Bn by 2029, at a CAGR of 5.90% over the forecast period (2023-2029).
Millet Flour Market Overview
Millet flour is made by grinding millet seeds into a fine powder. It is a gluten-free, ancient grain that has been cultivated for thousands of years and is a staple food in many parts of the world, including Africa, Asia, and India. Millet flour is becoming increasingly popular in the West as a gluten-free alternative to wheat flour. It is a rich source of protein, fiber, and minerals, making it a healthy alternative to wheat flour. It is also low in fat and has a low glycemic index, which means it does not cause a rapid spike in blood sugar levels. Millet flour has a slightly nutty and sweet taste, which can be used to enhance the flavor of baked goods like bread, muffins, and pancakes. It can also be used as a thickener in soups and stews, and as a coating for fried foods.

The millet flour companies is witnessing technological advancements in processing and packaging, which is expected to increase its shelf life and improve its quality.


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Millet Flour Market Dynamics
Health Benefits from Millet Flour to boost the Millet Flour Market growth

Millet flour is considered to be a healthy alternative to wheat flour as it is gluten-free, high in fiber, and has a low glycemic index. The growing awareness of these health benefits is expected to increase the demand for the Millet Flour market. The demand for millet flour is increasing due to its unique taste, texture, and versatility in cooking. With the rise of health-conscious consumers, there has been a growing trend towards alternative flours, which is expected to drive market growth. Governments of various countries are promoting millet production as it is an important crop for food security and nutrition. Government support in terms of subsidies, schemes, and initiatives is expected to drive the growth of the millet flour market.

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. The millet flour market is witnessing technological advancements in processing and packaging, which is expected to increase its shelf life and improve its quality. These advancements are expected to drive the demand for millet flour in various industries such as the bakery, confectionery, and processed food sectors. The growing vegan and vegetarian population has led to an increasing demand for plant-based products, including millet flour, which is a vegan and vegetarian-friendly ingredient. With busy lifestyles, consumers are increasingly looking for convenient and easy-to-prepare food options. Millet flour is versatile and can be used in a wide range of recipes, including baked goods, porridges, and snacks, making it a popular ingredient in the convenience food segment and is expected to fuel the Millet Flour industry growth.

Limited awareness about health benefits to hamper the Millet Flour Market growth

The awareness about the health benefits of millet flour is still limited in some regions, which can slow down the market growth. The lack of knowledge about the benefits and uses of millet flour can lead to lower demand and sales. Compared to traditional flours such as wheat flour, millet flour is generally more expensive. The high cost can be a barrier to entry for some consumers, and they may prefer to stick to cheaper alternatives. Millets are not widely grown in some regions, and the availability of millet flour is limited and restrains the Millet flour market. This lead to higher prices and lower demand, which can slow down the market growth.

Millets are often produced by small-scale farmers who do not have access to processing facilities or equipment. This is expected to limit the availability of high-quality millet flour, and affect Millet Flour industry growth. Millet flour faces competition from other alternative flours such as almond flour, coconut flour, and quinoa flour. The availability and popularity of these flours affect the demand for millet flour, which can slow down its growth. There is a lack of standardization in millet flour quality and processing techniques and lead to variations in quality and affects consumer confidence in the product, and is expected to restrain the Millet Flour industry growth.
Millet Flour Market Trends
Increasing Demand for Organic Millet Flour: Consumers are becoming more conscious about their health and the environment, leading to a growing demand for organic millet flour. Organic millet flour is free from pesticides, herbicides, and synthetic fertilizers, making it a healthier and more environmentally-friendly option.

Diversification of Millet Flour Products: With the increasing popularity of millet flour, there has been a diversification of millet flour products in the market. This includes a variety of millet-based products such as millet noodles, millet bread, and millet snacks.

Innovations in Processing and Packaging: Manufacturers are continuously innovating in the processing and packaging of millet flour to improve its quality, shelf-life, and convenience. There are millet flours that have been pre-cooked or sprouted for easier digestion and higher nutritional value.
Increased Availability in Supermarkets and Online Stores: Millet flour is becoming more widely available in supermarkets and online stores, making it easier for consumers to access and purchase. This has led to increased awareness of millet flour and its health benefits and is expected to boost the Millet Flour Market share.

Rising Demand for Millet Flour in Emerging Markets: The millet flour market is experiencing significant growth in emerging markets, especially in Africa and Asia, where millet is a staple food. The increasing urbanization and changing food habits in these regions have led to a growing demand for millet flour as a healthier and more nutritious alternative to wheat flour.
Millet Flour Market Regional Analysis
The North American millet flour market has been growing steadily in recent years due to several factors. US, Canada, and Mexico are the countries expected to dominate the market by holding largest Market share. Millet flour is a popular gluten-free alternative to wheat flour, and there has been a growing demand for gluten-free products in North America, driven by the increasing incidence of celiac disease and gluten intolerance. The North American millet flour market is benefiting from the rising demand for plant-based products and the increasing awareness of the health benefits of millet flour.

Millet flour is rich in nutrients like protein, fiber, and minerals, and has a low glycemic index, making it a healthier alternative to wheat flour. The availability of millet flour in North America is increasing, with many supermarkets and online stores now stocking it. This has helped to raise awareness of millet flour and its health benefits and has contributed to the growth of the North American Millet flour industry. The regional market is benefiting from the diversification of millet flour products, with a range of millet-based products now available in the market, including millet bread, noodles, and snacks. This factor is making millet flour more versatile and appealing to a wider range of consumers.

Asia Pacific region is expected to dominate the Millet flour market over the forecast period. Millet is a staple food in many countries in the region, including India, China, and several African countries, and millet flour is a common ingredient in traditional dishes. The Asia Pacific  market is benefiting from the growing demand for organic and natural products. Consumers are becoming more aware of the negative impact of synthetic chemicals on their health and the environment, leading to a greater demand for organic millet flour and is expected to boost the Millet Flour Market growth.

Consumers are becoming more aware of the negative impact of synthetic chemicals on their health and the environment, leading to a greater demand for organic millet flour.

Millet Flour Market Competitive Landscape

The Millet Flour market is characterized by the presence of several established players and a growing number of new entrants. The Millet Flour industry is shaped by strategic partnerships, collaborations, and acquisitions. The increase in buying immunity boosters and healthy products including millets resulted in the disruption of equilibrium prices as the demand exceeds supply and resulted in the increase in prices of Millet flour. Besides this factors such as territorial market size, competition intensity, capacity, and local infrastructure influence the value chain of the product. Prominent Millet Flour key players are PureLiving, Bayer AG, Imperial World Trade Pvt. Ltd., Jiwa, RiceBran Technologies, TOOTSI IMPEX Inc., and Authentic Foods. The strategies adopted by the Millet Flour key player, such as expansion of product portfolio, mergers & acquisitions, geographical expansion, and collaborations, to enhance the Millet Flour industry penetration.
Millet Flour Market Segment Analysis
The report provides a clear insight into Millet Flour Market penetration by nature, type, applications, end-use industry and sales channels of Millet flour with corresponding future potential, validated by real-time industry experts.

Based on type, the market is segmented into Sorghum Millet Flour, Proso Millet Flour, Pearl Millet Flour, Foxtail Millet Flour, Finger Millet Flour, Browntop Millet Flour, Barnyard Millet Flour, Little Millet Flour, Buckwheat Millet Flour, Amaranth Millet Flour, and Kodo Millet Flour. Finger Millet Flour dominated the market in 2022 and hold the largest Millet Flour Market share and is expected to dominate the market over the forecast period. The Finger Miller flour is popular for its nutritional benefits. In Africa and Southeast Asia it is used to make bread, beer, and cereal. Finger millet Flour are connected to a lower risk of heart disease. Finger millet flour is an excellent source of Vitamin A, Vitamin B, Niacin, Calcium, Iron, Phosphorus, Potassium, and Antioxidants.



Based on Application, the market is segmented by Bakery products, Snacks, Breakfast cereals, and Health drinks. The bakery product segment is expected to dominate the Millet Flour industry over the forecast period. Millet flours are used in desserts and sweet bread because of the grain's naturally sweet flavor. Millet flour is used make flat and leavened breads. Tender, mild, and finely ground, millet flour lends loft and tender texture to bake products in the bakery.



Based on End Use industry, the market is segmented by Bakery, Hotels/Restaurants, Food Processing units, and Home-based cooking. The bakery segment dominated the Millet Flour market in 2022 and is expected to dominate the market over the forecast period. Miller Flour is used to provide texture to the baked products in the bakery. It provides a delicate cake-like crumb to baked product.
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Millet Flour Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
USD 4.98 Bn


Forecast Period 2023 to 2029 CAGR:
5.90 %
Market Size in 2029:
USD 7.44 Bn


 Segments Covered:
by Nature
1.Organic
2.Conventional


byApplication
1.Bakery products
2.Snacks
3.Breakfast cereals
4.Health drinks


by Distribution  Channel
1.Direct sales
1.1.Trade associations and organization
2.Indirect sales
2.1.Hypermarkets
2.2.Supermarket
2.3.Convenience Stores
2.4.Online retailers


by End Use Industry
1.Bakery
2.Hotels/Restaurants
3.Food Processing units
4.Home-based cooking


by Type
1.Sorghum Millet Flour
2.Proso Millet Flour
3.Pearl Millet Flour
4.Foxtail Millet Flour
5.Finger Millet Flour
6.Browntop Millet Flour
7.Barnyard Millet Flour
8.Little Millet Flour
9.Buckwheat Millet Flour
10.Amaranth Millet Flour
11Kodo Millet Flour



Millet Flour Market by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Millet Flour Key Players Include
1.Bob’s Red Mill Natural Foods
2.Arrowhead Mills
3.Grain Millers
4.Shipton Millers 
5.PureLiving
6.Bayer AG
7. Imperial World Trade Pvt. Ltd.
8. Jiwa
9.RiceBran Technologies
10. TOOTSI IMPEX Inc.
11.Authentic Foods
12.ARDENT MILLS
13.Azure Standard
14.OOO Farms
15.SRINIVASA AGRO INDUSTRIES
16. Great River Organic Milling
17.Pristine Organics

Frequently Asked Questions:

1] What is the growth rate of the Global Millet Flour Market?
Ans. The Global Millet Flour Market is growing at a significant rate of 5.90% over the forecast period.

2] Which region is expected to dominate the Global Millet Flour Market?
Ans. North America region is expected to dominate the Millet Flour Market over the forecast period.

3] What is the expected Global Millet Flour Market size by 2029?
Ans. The market size of the Millet Flour Market is expected to reach USD 7.44 Bn by 2029.

4] Who are the top players in the Global Millet Flour Industry?
Ans. The major key players in the Global Millet Flour Market are PureLiving, Bayer AG, Imperial World Trade Pvt. Ltd., Jiwa, and RiceBran Technologies.

5] Which factors are expected to drive the Global Millet Flour Market growth by 2029?
Ans. Health Benefits from Millet Flour are is expected to drive the Millet Flour Market growth over the forecast period (2023-2029).