Millet Seeds Market Current Trends, Future Prospects, and Competitive Landscape By 2030

WILMINGTON, DE, UNITED STATES, December 9, 2024 /EINPresswire.com/ -- The global millet seeds market size was valued at $10.1 billion in 2020, and is projected reach $18.3 billion by 2030, registering a CAGR of 6.1% from 2021 to 2030.

Organic millet seeds and food products made from such millet seeds are becoming highly popular which is increasing demand for millets.

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The current generation of consumers, especially the millennials and gen z, are adopting foods that are healthier and nutritious. More focus is given on healthy eating habits and balanced diets to gain the most nutritional benefits for the body. Millets are some of the most nutritious food grains and seeds available. They are high in all macro nutrients and low in carbohydrates. They also have high fiber content, which facilitates good gut health and increased metabolism. Millet seeds also contain large amounts of vitamins, minerals, and calcium which help improve bone density as well as provide the body with enough nutrition to have healthy bodily functions and avoid diseases. A larger number of consumers across the world are becoming aware regarding the health benefits of millet seeds, and thus the use of millet seeds to supplement a healthy diet is rapidly increasing

Adulteration is a process in which the quality of a commodity or food is reduced by addition of other substances in to the commodity or food. Adulterated food can cause harm to a lot of people as they may contain chemicals or substances that may be harmful or unfit for human consumption.

Millet seeds are also adulterated either to increase the weight of the millets seeds being sold, or to make them appear better in appearance. On of the ways of adulteration of millet seeds is the addition of Rhodamine-B to finger millet as determined by FSSAI, which stands for Food Safety and Standards Authority of India. Rhodamine-B is a type of chemical xanthene dye, which is added to finger millets to provide a more vibrant color to the millet seeds. Consumption of this dye by humans can cause gastrointestinal problems, vomiting, diarrhea, respiratory tract irritation, and eye irritation. Similarly, many other chemicals can be added to millet seeds that reduce their quality. Such adulteration negatively impacts poses a major challenge for the engaged stakeholders.

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The global millet seeds market is studied across Asia-Pacific, Africa, Europe, and Rest of World. Asia Pacific and Africa lead in terms of market share for 2020, While Europeis forecasted to grow with significant growth during the forecast period owing to growing demand for healthy foods, extensive advertising and promotion, and large scale veganism. Indiaalong with China and western African countries is likely to witness increased demandof millet seeds in the coming years.

Some of the major players profiled for in the millet seeds market analysis include Allied Seed, Crystal Crop Protection Ltd., Delphi Organic GmbH, Eastern Colorado Seeds, Hancock Seed & Company, Mamta Hygiene Products Pvt Ltd, Mirfak Pty Ltd, Nuts in Bulk, RR Agro Foods, and Soya UK Ltd. Other prominent players analyzed in the report are Alta Seeds, Bayer, CortevaAgriscience, and Johnston Seed Company.

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