The Asia Pacific Millet Seeds Market would witness market growth of 6.3% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 304,389.12 tonnes, showcasing a growth of 13.5% (2020-2023).
Organic millet seeds are cultivated without synthetic pesticides, fertilizers, or genetically modified organisms (GMOs), adhering to stringent organic farming standards. This method not only ensures that the seeds are free from harmful chemicals but also supports sustainable agricultural practices by enhancing soil health and reducing environmental impact. Thus, the China market is expected to utilize 18,777.22 tonnes of organic millet seeds by 2031.
The China market dominated the Asia Pacific Millet Seeds Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,094.7 million by 2031. The Japan market is showcasing a CAGR of 5.7% during (2024 - 2031). Additionally, The India market would register a CAGR of 7.1% during (2024 - 2031).
Millet seeds are commonly cooked and consumed as whole grains, similar to rice or couscous. They can be boiled, steamed, or cooked into porridge, providing a hearty meal base. Millet seeds are ground into flour and used in baking bread, cakes, cookies, and other baked goods.
Moreover, millet flour adds a nutty flavor and a tender texture to baked products. It’s especially popular in gluten-free baking due to its lack of gluten proteins.
As more agricultural land in India is dedicated to millet cultivation, there is a significant expansion in the supply of millet seeds. This increased supply can meet growing domestic and international demand for millet-based products. Millet cultivation diversifies India's agricultural landscape, offering farmers alternative crops that are resilient to drought and suitable for marginal lands. This diversification enhances agricultural sustainability and farmer incomes.
Free Valuable Insights: The Global Millet Seeds Market is Predict to reach USD 16.9 Billion by 2031, at a CAGR of 6.0%
Based on Nature, the market is segmented into Conventional, and Organic. Based on Sales Channel, the market is segmented into Specialty Stores, Hypermarket & Supermarket, and Online Channels. Based on Type, the market is segmented into Pearl Millet, Finger Millet, Foxtail Millet, Proso Millet, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia & New Zealand, Malaysia, and Rest of Asia Pacific.
By Nature (Volume, Tonnes, USD Billion, 2020-2031)
By Sales Channel (Volume, Tonnes, USD Billion, 2020-2031)
By Type (Volume, Tonnes, USD Billion, 2020-2031)
By Country (Volume, Tonnes, USD Billion, 2020-2031)
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