Global Millet Seed
Market Report
2025
The global millet seed market size will be USD 10695.5 million in 2024. Growing climate and food security challenges is expected to boost sales to USD 16620.6631 million by 2031, with a Compound Annual Growth Rate (CAGR) of 6.5% from 2024 to 2031.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global millet seed market size will be USD 10695.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Millet Seed Market Sales Revenue | 121212 | $ 10695.5 Million | 121212 | 121212 | 121212 | 6.5% |
North America Millet Seed Market Sales Revenue | 121212 | $ 4278.2 Million | 121212 | 121212 | 121212 | 4.7% |
Canada Millet Seed Market Sales Revenue | 121212 | $ 513.38 Million | 121212 | 121212 | 121212 | 5.5% |
United States Millet Seed Market Sales Revenue | 121212 | $ 3375.5 Million | 121212 | 121212 | 121212 | 4.5% |
Mexico Millet Seed Market Sales Revenue | 121212 | $ 389.32 Million | 121212 | 121212 | 121212 | 5.2% |
Europe Millet Seed Market Sales Revenue | 121212 | $ 3208.65 Million | 121212 | 121212 | 121212 | 5% |
France Millet Seed Market Sales Revenue | 121212 | $ 295.2 Million | 121212 | 121212 | 121212 | 4.2% |
Spain Millet Seed Market Sales Revenue | 121212 | $ 263.11 Million | 121212 | 121212 | 121212 | 4.1% |
United Kingdom Millet Seed Market Sales Revenue | 121212 | $ 539.05 Million | 121212 | 121212 | 121212 | 5.8% |
Russia Millet Seed Market Sales Revenue | 121212 | $ 497.34 Million | 121212 | 121212 | 121212 | 4% |
Italy Millet Seed Market Sales Revenue | 121212 | $ 275.94 Million | 121212 | 121212 | 121212 | 4.4% |
Germany Millet Seed Market Sales Revenue | 121212 | $ 635.31 Million | 121212 | 121212 | 121212 | 5.2% |
Rest of Europe Millet Seed Market Sales Revenue | 121212 | $ 497.34 Million | 121212 | 121212 | 121212 | 3.7% |
Asia Pacific Millet Seed Market Sales Revenue | 121212 | $ 2459.97 Million | 121212 | 121212 | 121212 | 8.5% |
China Millet Seed Market Sales Revenue | 121212 | $ 1106.98 Million | 121212 | 121212 | 121212 | 8% |
Australia Millet Seed Market Sales Revenue | 121212 | $ 127.92 Million | 121212 | 121212 | 121212 | 8.2% |
India Millet Seed Market Sales Revenue | 121212 | $ 295.2 Million | 121212 | 121212 | 121212 | 10.3% |
Korea Millet Seed Market Sales Revenue | 121212 | $ 246 Million | 121212 | 121212 | 121212 | 7.6% |
Japan Millet Seed Market Sales Revenue | 121212 | $ 339.48 Million | 121212 | 121212 | 121212 | 7% |
Rest of APAC Millet Seed Market Sales Revenue | 121212 | $ 174.66 Million | 121212 | 121212 | 121212 | 8.3% |
South America Millet Seed Market Sales Revenue | 121212 | $ 534.78 Million | 121212 | 121212 | 121212 | 5.9% |
Argentina Millet Seed Market Sales Revenue | 121212 | $ 89.84 Million | 121212 | 121212 | 121212 | 6.8% |
Brazil Millet Seed Market Sales Revenue | 121212 | $ 228.88 Million | 121212 | 121212 | 121212 | 6.5% |
Chile Millet Seed Market Sales Revenue | 121212 | $ 38.5 Million | 121212 | 121212 | 121212 | 6.2% |
Peru Millet Seed Market Sales Revenue | 121212 | $ 43.85 Million | 121212 | 121212 | 121212 | 6.1% |
Colombia Millet Seed Market Sales Revenue | 121212 | $ 47.59 Million | 121212 | 121212 | 121212 | 5.7% |
Rest of South America Millet Seed Market Sales Revenue | 121212 | $ 86.1 Million | 121212 | 121212 | 121212 | 5% |
Middle East and Africa Millet Seed Market Sales Revenue | 121212 | $ 213.91 Million | 121212 | 121212 | 121212 | 6.2% |
Egypt Millet Seed Market Sales Revenue | 121212 | $ 22.46 Million | 121212 | 121212 | 121212 | 6.5% |
Turkey Millet Seed Market Sales Revenue | 121212 | $ 18.4 Million | 121212 | 121212 | 121212 | 5.7% |
Rest of MEA Millet Seed Market Sales Revenue | 121212 | $ 25.24 Million | 121212 | 121212 | 121212 | 5.2% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Nature |
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Market Split by Type |
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Market Split by Sales Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:
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Market Restrains:
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Market Trends:
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Report scope is customizable as we have a huge database of Millet Seed industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Millet Seed Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Millet seed comes from small, nutritious cereal grains used in various cuisines. It’s valued for its high fiber, protein content, and adaptability to diverse climates, supporting health and sustainability. The millet seed market is experiencing growth due to the rising need for plant-based protein sources. Millet, a nutrient-dense grain, offers a high protein content and is rich in basic amino acids, making it a valuable alternative to animal-based proteins. This shift is driven by rising consumer awareness of health and sustainability, along with the growth of vegetarian and vegan diets. As people seek healthier, eco-friendly food options, millet's versatility and nutritional benefits are becoming increasingly appealing, driving its market expansion.
November 2022: The Indian Government developed a five-year strategic plan to encourage millet in the international market. The plan contains the involvement of Indian missions abroad and global retail supermarkets such as Walmart, Carrefour, Al Ruya, Lulu Group, etc., to export millets to boost domestic export millets worldwide. (Source: https://m.economictimes.com/industry/services/retail/govt-ropes-in-indian-missions-aborad-global-retail-supermarkets-to-promote-millet-exports/articleshow/95429369.cms)
The millet seed market is expanding as consumers increasingly seek plant-based protein sources. Millet, rich in protein, fiber, and essential nutrients, aligns with the increasing need for sustainable and health-conscious diets. Its adaptability to various climates and minimal environmental impact further boosts its appeal. As plant-based diets gain popularity for their health and environmental benefits, millet emerges as a key player in meeting these needs. This growth reflects a broader shift toward more diverse and nutritious plant-based food options. For instance, in February 2022, Wholsum Food, a Gurugram-based millet-based food startup in India, raised investments of over USD 7.0 million to extend its millet-based offerings further. The investment is aimed at rising product innovation, marketing, and international footprint.
The millet seed market is expanding due to the crop's climate resilience and sustainability. Millet thrives in arid and semi-arid conditions, making it a crucial staple in regions prone to drought. Its ability to grow in poor soils with minimal water usage enhances food security amidst climate change. Additionally, millet's short growing period and low input requirements contribute to sustainable agricultural practices, reducing the need for fertilizers and pesticides. These factors drive its growing demand as a climate-smart crop, supporting both agricultural and environmental sustainability.
The millet seed market is experiencing growth due to rising health awareness and the need for gluten-free alternatives. However, the high cost of millet seed products poses a significant challenge. This elevated cost stems from factors such as limited supply, higher production expenses, and the need for specialized cultivation techniques. Additionally, fluctuations in market expenses and transportation prices further contribute to the overall expense. These high costs can limit accessibility and affordability for consumers, potentially impacting market expansion and consumer adoption rates.
The millet seed market faced significant disruptions due to COVID-19. Lockdowns and supply chain interruptions impacted production and distribution. Demand fluctuations, driven by shifting consumer preferences and economic uncertainty, affected market stability. However, the pandemic also heightened awareness of health and nutrition, boosting interest in millet as a nutritious, gluten-free grain. Despite challenges, the market is adapting, with an increased focus on local sourcing and digital sales channels, potentially leading to a more resilient and diversified millet seed industry post-pandemic.
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In the millet seed market's competitive landscape, numerous key competitors are driving innovation and growth. Key players adopt strategies like expanding product lines, investing in R&D for improved varieties, and forming strategic partnerships to enhance market reach. Sustainable farming practices and regional expansions also play a significant role.
Top Companies Market Share in Millet Seed Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America currently dominates the millet seed market, and the region is expected to have significant growth during the projected period. This is due to the region's increasing demand for gluten-free and high-nutrient food products. As consumers seek healthier alternatives and sustainable agriculture practices, millet seeds, known for their high protein, fiber, and mineral content, gain popularity. Government initiatives promoting sustainable agriculture also contribute to market growth.
Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). Rising health consciousness and the need for gluten-free and nutritious food options. Increasing awareness of millet's health benefits, such as high fiber and protein content, supports market growth. Additionally, government initiatives promoting sustainable agriculture and the integration of millet into traditional diets further stimulate market expansion.
The current report Scope analyzes Millet Seed Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global millet seed market size was estimated at USD 10695.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 4278.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
According to Cognitive Market Research, the global millet seed market size was estimated at USD 10695.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 3208.65 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.
According to Cognitive Market Research, the global millet seed market size was estimated at USD 10695.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 2459.97 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.
According to Cognitive Market Research, the global millet seed market size was estimated at USD 10695.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 534.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
According to Cognitive Market Research, the global millet seed market size was estimated at USD 10695.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 213.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Global Millet Seed Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Millet Seed Industry growth. Millet Seed market has been segmented with the help of its Nature, Type Sales Channel, and others. Millet Seed market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the pearl millet segment holds the largest share of the market due to rising demand for gluten-free grains, increasing awareness of millet's nutritional benefits, and its suitability for arid climates. Pearl millet's drought resistance and high nutrient content further boost its popularity in health-conscious and sustainable agriculture sectors.
In the millet seed market, foxtail millet has been expanding at a rapid pace due to the rising health consciousness and demand for gluten-free, nutrient-rich foods. Foxtail millet, known for its high fiber and mineral content, is gaining popularity for its potential health benefits, fueling its market growth across health and wellness sectors.
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According to Cognitive Market Research, the organic segment holds the largest share of the market due to increasing consumer preference for organic products owing to their perceived health advantages and environmental sustainability. Rising awareness of millet's nutritional advantages and its suitability for organic farming further boosts demand in both developed and emerging markets.
In the millet seed market, conventional has been expanding at a rapid pace due to rising health consciousness and demand for gluten-free, nutrient-dense foods. Conventional millet seeds, known for their high fiber, protein, and mineral content, are driving this trend. Increased consumer awareness about the benefits of whole grains and sustainable agriculture also fuels market expansion.
{Nature_desc_end}
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According to Cognitive Market Research, the specialty stores segment holds the largest share of the market due to rising health awareness and demand for gluten-free products. Specialty stores play a crucial role by offering diverse millet seed varieties and educating consumers about their health benefits, thus boosting market growth.
In the millet seed market, the online channels have been expanding at a rapid pace due to the increasing health consciousness and demand for gluten-free grains. Online channels are crucial for market growth, offering convenience and access to a broad range of millet products. E-commerce platforms enhance consumer reach and streamline purchasing processes, fueling market expansion.
Research Associate at Cognitive Market Research
Pratik Shirsath is an accomplished Research Analyst with extensive expertise in the agriculture sector, bringing over one years of experience in market research and analysis. Pratik specializes in secondary research, competitive benchmarking, and data-driven insights that empower organizations to make strategic decisions and achieve their goals.
In his current role, Pratik leads research projects focused on the agriculture sector, driving initiatives that identify emerging market trends, assess competitive landscapes, and uncover growth opportunities. His proficiency in designing effective research methodologies and translating complex data into actionable strategies has consistently supported his organization’s objectives.
Pratik's dedication to delivering high-quality research and his in-depth knowledge of the agriculture industry have made him a trusted resource for his team and stakeholders. Passionate about innovation and sustainability in agriculture, he remains committed to advancing his expertise to navigate the evolving challenges and opportunities in the sector.
Conclusion
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Nature | Conventional, Organic |
Type | Pearl Millet, Finger Millet, Proso Millet, Foxtail Millet, Others |
Sales Channel | Hypermarket/Supermarket, Specialty Stores, Online Channels |
List of Competitors | EASTERN COLORADO SEEDS, LLC, HANCOCK SEED & COMPANY, DELPHI ORGANIC GMBH, RR AGRO FOODS, MAMTA HYGIENE PRODUCTS PVT LTD, MIRFAK PTY LTD, CRYSTAL CROP PROTECTION PVT. LTD., SOYA UK LTD, NUTS IN BULK (Outlet Wholefood Company Ltd.), ALLIED SEED, LLC |
This chapter will help you gain GLOBAL Market Analysis of Millet Seed. Further deep in this chapter, you will be able to review Global Millet Seed Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Millet Seed. Further deep in this chapter, you will be able to review North America Millet Seed Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Millet Seed. Further deep in this chapter, you will be able to review Europe Millet Seed Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Millet Seed. Further deep in this chapter, you will be able to review Asia Pacific Millet Seed Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Millet Seed. Further deep in this chapter, you will be able to review South America Millet Seed Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Millet Seed. Further deep in this chapter, you will be able to review Middle East and Africa Millet Seed Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Millet Seed. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Nature Analysis 2019 -2031, will provide market size split by Nature. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Nature Analysis 2021 - 2033
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Chapter 11 Market Split by Type Analysis 2021 - 2033
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Chapter 12 Market Split by Sales Channel Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Millet Seed market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
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By type, which segment accounted for largest share of the global Millet Seed Market? |
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