North America's Shift To Nutrient-Rich Foods Fuels Millet-Based Packaged Food Growth

Published: 2025-03-26
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Author: falguni mmr
Published in: Business

North America's Shift To Nutrient-Rich Foods Fuels Millet-Based Packaged Food Growth

Global Millet-Based Packaged Food Market to Reach USD 85.91 Million by 2030, Growing at a CAGR of 10.2%

The global millet-based packaged food market, valued at USD 43.52 million in 2023, is projected to grow at a compound annual growth rate (CAGR) of 10.2%, reaching approximately USD 85.91 million by 2030. This growth is driven by increasing consumer demand for healthy, gluten-free, and nutrient-rich food options.

Competitive Landscape and Regional Demand

Key players in the market include Nestlé S.A., which offers a variety of millet-based packaged foods catering to health-conscious consumers seeking alternative grains. The Asia Pacific region, particularly India, holds a significant market share due to the traditional consumption of millets and rising health awareness among consumers.

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United States: Growth and Consolidation

In the United States, the millet-based packaged food market is experiencing steady growth as consumers increasingly seek healthy and convenient food options. Companies are engaging in mergers and acquisitions to strengthen their market presence and expand product portfolios. For instance, Marico recently acquired True Elements, a brand specializing in millet-based ready-to-eat and ready-to-cook breakfast and snack products, to enhance its offerings in the health and wellness segment.

Asia Pacific: Opportunities and Trends

The Asia Pacific region presents substantial opportunities for the millet-based packaged food market, driven by a growing health-conscious population and increasing demand for traditional grains. In India, Tata Consumer Products Ltd acquired Kottaram Agro Foods, the maker of the Soulfull brand of millet-based snacks and cereals, to diversify its product portfolio and cater to the rising demand for nutritious food options.

Europe: Trends and Acquisition Targets

Europe's millet-based packaged food market is expanding due to increasing adoption of healthy and sustainable food choices. Companies are focusing on mergers and acquisitions to acquire new technologies and strengthen their portfolios, aiming to meet the growing demand for natural and nutritious products. Nestlé S.A. has introduced millet-based products to cater to the health-conscious European market.

Middle East and Africa: Emerging Markets and Collaborations

The Middle East and Africa are emerging markets for millet-based packaged foods, with growth driven by increasing awareness of healthy eating habits and the nutritional benefits of millets. Collaborations between local and international companies are fostering the development and distribution of millet-based products in these regions. For example, companies are exploring partnerships to introduce millet-based snacks and cereals to cater to the diverse consumer base.

Millet Based Packaged Food Market segmentation :

by Product Type

Millet-Based Snacks
Millet-Based Breakfast Cereals
Millet-Based Baked Goods
Millet-Based Pasta and Noodles
Millet-Based Beverages

According to product type, the millet-based packaged food market is divided into the following segments: millet-based snacks, which include chips, puffs, and bars made from millet; millet-based breakfast cereals, which include cereals, granolas, and muesli; millet-based baked goods, which include bread, cookies, and cakes made from millet; millet-based pasta and noodles, which include pasta, spaghetti, and noodles made from millet; and millet-based beverages, which include millet milk, smoothies, and energy drinks.

by Distribution Channel

Supermarkets/Hypermarkets
Convenience Stores
Online Retail
Stores
Others

Supermarkets, convenience stores, internet retail platforms, specialty shops, and food service channels are the several distribution channels that make up the millet-based packaged food sector. The distribution channel segment's largest share is held by supermarkets. However, because e-commerce is becoming more and more convenient for customers, online retail platforms have the greatest potential for growth among these distribution channels. Given the availability of millet-based products and the rising desire for online shopping by consumers, online retail is positioned as a significant distribution channel that is expected to grow in the years to come.

by Demography

Kids
Adults

The millet-based packaged food market is divided into two segments based on demographics: children and adults. The kids section features kid-friendly millet-based items that are fortified with vital nutrients and provide a healthy substitute for traditional snacks. Products made from millet that are suited to adults' dietary requirements and tastes make up the adult category. Both markets have room to grow as a result of factors such growing adult health consciousness, the rise in childhood obesity, and parental worries about better options.

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Learn about the top players driving innovation in the Millet Based Packaged Food Market :

1. Nature's Path Foods
2. Arrowhead Mills
3. Bob's Red Mill
4. Orgran Natural Foods
5. Ancient Harvest
6. Purely Elizabeth
7. Lundberg Family Farms
8. Pamela's Products
9. Enjoy Life Foods
10. KIND Snacks
11. Quinn Snacks
12. Nature's Earthly Choice
13. Back to Nature
14. Simply7 Snacks
15. 24 Mantra Organic
16. Samrat India
17. Kawan Food
18. Harinsa Qatar
19. Ardent Mills
20. Perk Foods
21. Vaghasia Foods
22. Sresta Natural Bioproducts (24 Mantra Organic)
23. Shiloh Farms
24. Imlak'esh Organics
25. Lark Ellen Farm

Get answers to critical questions shaping the Millet Based Packaged Food Market

What is Millet Based Packaged Food ?
What is the growth rate of the Millet Based Packaged Food Market?
Which are the factors expected to drive the Millet Based Packaged Food market growth?
What is the CAGR at which the Millet Based Packaged Food market will grow during the forecast period?
What are the different segments of the Millet Based Packaged Food Market?
Which is the fastest growing region in the Millet Based Packaged Food market?
What growth strategies are the players considering to increase their presence in Millet Based Packaged Food ?
What are the upcoming opportunities and trends for the Millet Based Packaged Food Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Millet Based Packaged Food Market?
Who are the leading companies and what are their portfolios in Millet Based Packaged Food Market?
What segments are covered in the Millet Based Packaged Food Market?
Who are the key players in the Millet Based Packaged Food market?

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Get a closer look at the game-changing products driving success :

Past Size and Competitive Landscape
• Past Pricing and price curve by region
• Size, Share, Size Forecast by different segment
• Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Segmentation A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape Profiles of selected key players by region from a strategic perspective

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