The Europe Millets market is growing along with the Food and Beverages industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
The Europe Millets market is accounted to US$ 1,327.96 Mn in 2018 and is expected to grow at a CAGR of 5.4% during the forecast period 2019 – 2027, to account to US$ 2,132.00 Mn by 2027.
Millets are small-seeded grasses widely grown across the world as cereal crops or grains for fodder and human food. Various types of millet crops such as sorghum, finger millet, pearl millet, barnyard millet, proso millet, and little millet are grown across the globe. These crops are grown in semiarid tropical regions as they are highly drought tolerant in nature. For centuries, millets have served as a major staple food in Asia and Africa. Millets are no gluten food and are rich in nutrients such as copper, magnesium, phosphorus, and manganese.
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Based on product, the Europe millets market is segmented into organic and regular. Millets are small-seeded cereal crops, with high nutritional content. Millets are important crops in the semiarid tropics of Asia and Africa (especially in India, Mali, Nigeria, and Niger), with 97% of millets being cultivated in developing countries. They are mainly grown in warm countries with poor soil quality. Millets are usually favored due to its productivity and short growing season under dry and high temperature conditions. There are nearly 6,000 varieties of millet across the world with various colors such as pale yellow, white, gray, and red.
These factors are expected to offer broad growth opportunities in the he Food and Beverages industry and this is expected to cause the demand for Millets assays in the market.
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EUROPE MILLETS MARKET SEGMENTATION
Millets Market, by Product
Millets Market, by Application
- Infant Food
- Bakery Product
- Breakfast Foods
Millets Market, by Distribution Channel
- Supermarket and Hypermarkets
- Grocery Stores
- Online Stores
- Shimla Hills Offerings Pvt. Ltd,
- Sresta Natural BioproductsPvt. Ltd,
- Ufenal Ltd
- Bob’s Red Mill Natural Foods, Inc.
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