Market Overview:
The global millet flour market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. Millet flour is made by grinding whole millet grains into a fine powder. It has a nutty flavor and can be used in place of wheat flour in many recipes. Millet flour is gluten-free and high in protein, fiber, and minerals such as magnesium, potassium, and zinc. It is also low in carbohydrates and calories making it a healthy option for people with diabetes or weight management goals. The demand for millet flour is growing due to its health benefits as well as its versatility in cooking. Millet can be used to make breads, pastas, pancakes, waffles, cookies, muffins etc., which makes it an attractive alternative to wheat-based products for people with food allergies or sensitivities to gluten or other grains. The global millet flour market was valued at US$ 1 Bn in 2017 and is projected to reach US$ 2 Bn by 2030 at a CAGR of 6%.
Product Definition:
Millet flour is a type of flour made from ground millet. Millet is a small, round grain that is often used as a gluten-free alternative to wheat flour. Millet flour can be used in place of other types of flours in most recipes, and it has a slightly nutty flavor that pairs well with sweet or savory dishes.
Organic Millet Flour:
Organic millet flour is a by-product obtained during the process of manufacturing organic rice. It has high nutritional value and can be used as an alternative to wheat flour in various food products. Organic millet flour contains numerous amino acids, minerals, vitamins and antioxidants which help in weight reduction, improvement of blood circulation and immune system functioning along with lowering cholesterol levels.
Normal Millet Flour:
Normal millet flour is a type of flour derived from the hull of finger millet. It has high nutritional value and can be used as an alternative to rice flour in various dishes. The product also acts as a great source for gluten-free products, which makes it healthy and beneficial for consumers with gluten intolerance or celiac disease.
The product is available in both pre-cooked & raw forms on online platforms like Amazon, Flipkart, Grofers etc.
Application Insights:
The commercial use segment held the largest market share of more than 70% in 2017. The growing demand for bread and other bakery products is expected to be a key factor driving the global millet flour market over the forecast period. Millet is a rich source of proteins, vitamins, minerals and fibers which makes it an ideal food product for several population groups across developing countries including India, China etc. Growing health awareness among consumers has resulted in increased consumption of bread made out of wheat flour across all age groups in developed countries like U.S., Germany etc. This trend is expected to continue over the next few years thereby fueling product demand from commercial users worldwide.
Millet flour finds application as family use items mostly in daily meals or special occasions where only normal white rice or noodles are not consumed due to religious reasons or dietary restrictions imposed on them by work places.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing a growing population, rising disposable income of consumers, and changing food consumption patterns. These factors are expected to drive the demand for staple foods such as grains over the coming years. Asia Pacific is also one of the largest exporters of rice with China being one of its major producers.
North America accounted for more than 10% share in terms of revenue in 2017 owing to high demand from countries such as U.S., Canada, and Mexico which have a large number of manufacturers adopting organic millet flour products due to their nutritional value compared other conventional grains Such as wheat or maize (corn).
Growth Factors:
- Increasing demand for healthy and nutritious food products is driving the growth of the millet flour market.
- Rising awareness about the health benefits of consuming millet flour is another key factor fuelling its demand.
- Growing popularity of gluten-free diets is also propelling the growth of this market as millet flour does not contain gluten protein that can cause allergies in some people.
- The increasing number of vegan consumers is also boosting the demand for millet flour as it can be used to make plant-based foods such as bread, pasta, and cookies etc..
- Rapid urbanization in emerging economies has resulted in a rise in disposable income levels, which is aiding the growth of this market as consumers are now able to afford premium quality Millet Flour products
Scope Of The Report
Report Attributes
Report Details
Report Title
Millet Flour Market Research Report
By Type
Organic Millet Flour, Normal Millet Flour
By Application
Family Use, Commercial Use, Other
By Companies
Bob's Red Mill, Great River, King Arthur Flour, Cache Harvest, To Your Health Sprouted Flour Co., Jalpur, Arrowhead Mills, 24 Letter Mantra, Authentic Foods, Brundo Ethiopian Spices
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Millet Flour Market Report Segments:
The global Millet Flour market is segmented on the basis of:
Types
Organic Millet Flour, Normal Millet Flour
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Family Use, Commercial Use, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bob's Red Mill
- Great River
- King Arthur Flour
- Cache Harvest
- To Your Health Sprouted Flour Co.
- Jalpur
- Arrowhead Mills
- 24 Letter Mantra
- Authentic Foods
- Brundo Ethiopian Spices
Highlights of The Millet Flour Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic Millet Flour
- Normal Millet Flour
- By Application:
- Family Use
- Commercial Use
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Millet Flour Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Millet flour is a type of flour made from ground millet. It has a slightly sweet flavor and is used in breads, cakes, and other baked goods.
Some of the key players operating in the millet flour market are Bob's Red Mill, Great River, King Arthur Flour, Cache Harvest, To Your Health Sprouted Flour Co., Jalpur, Arrowhead Mills, 24 Letter Mantra, Authentic Foods, Brundo Ethiopian Spices.
The millet flour market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Millet Flour Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Millet Flour Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Millet Flour Market - Supply Chain
4.5. Global Millet Flour Market Forecast
4.5.1. Millet Flour Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Millet Flour Market Size (000 Units) and Y-o-Y Growth
4.5.3. Millet Flour Market Absolute $ Opportunity
5. Global Millet Flour Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Millet Flour Market Size and Volume Forecast by Type
5.3.1. Organic Millet Flour
5.3.2. Normal Millet Flour
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Millet Flour Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Millet Flour Market Size and Volume Forecast by Application
6.3.1. Family Use
6.3.2. Commercial Use
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Millet Flour Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Millet Flour Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Millet Flour Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Millet Flour Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Millet Flour Demand Share Forecast, 2019-2026
9. North America Millet Flour Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Millet Flour Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Millet Flour Market Size and Volume Forecast by Application
9.4.1. Family Use
9.4.2. Commercial Use
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Millet Flour Market Size and Volume Forecast by Type
9.7.1. Organic Millet Flour
9.7.2. Normal Millet Flour
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Millet Flour Demand Share Forecast, 2019-2026
10. Latin America Millet Flour Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Millet Flour Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Millet Flour Market Size and Volume Forecast by Application
10.4.1. Family Use
10.4.2. Commercial Use
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Millet Flour Market Size and Volume Forecast by Type
10.7.1. Organic Millet Flour
10.7.2. Normal Millet Flour
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Millet Flour Demand Share Forecast, 2019-2026
11. Europe Millet Flour Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Millet Flour Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Millet Flour Market Size and Volume Forecast by Application
11.4.1. Family Use
11.4.2. Commercial Use
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Millet Flour Market Size and Volume Forecast by Type
11.7.1. Organic Millet Flour
11.7.2. Normal Millet Flour
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
1.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Millet Flour Demand Share, 2019-2026
12. Asia Pacific Millet Flour Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Millet Flour Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Millet Flour Market Size and Volume Forecast by Application
12.4.1. Family Use
12.4.2. Commercial Use
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Millet Flour Market Size and Volume Forecast by Type
12.7.1. Organic Millet Flour
12.7.2. Normal Millet Flour
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Millet Flour Demand Share, 2019-2026
13. Middle East & Africa Millet Flour Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Millet Flour Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Millet Flour Market Size and Volume Forecast by Application
13.4.1. Family Use
13.4.2. Commercial Use
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Millet Flour Market Size and Volume Forecast by Type
13.7.1. Organic Millet Flour
13.7.2. Normal Millet Flour
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Millet Flour Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Millet Flour Market: Market Share Analysis
14.2. Millet Flour Distributors and Customers
14.3. Millet Flour Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bob's Red Mill
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Great River
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. King Arthur Flour
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Cache Harvest
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. To Your Health Sprouted Flour Co.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jalpur
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Arrowhead Mills
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. 24 Letter Mantra
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Authentic Foods
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Brundo Ethiopian Spices
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
