With growing population across the globe, demand for food is on a tremendous rise, with cereals and grains gaining paramount importance owing to their health benefits and convenience in availability. Among these cereals and grains, millets are gaining a significant momentum in feedstock and food purposes, on the back of its high productivity in dry and high-temperature conditions.
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Steady Expansion Anticipated for Global Millets Markets During 2017 to 2022
A recent report published by Fact.MR projects the global millets market to reflect a steady growth over the forecast period (2017-2022). Revenues from sales of millets across the globe is forecast to increase from over US$ 10,000 Mn in 2017 to exceed US$ 13,500 Mn by 2022-end. Millets play an indispensable role in the economy and food security of several countries, especially in the regions of Asia-Pacific excluding Japan (APEJ)
The global market is currently teeming with millet-based food products such as pasta or ragi biscuits, and noodles prepared from barnyard millet. Several new startups focused on production of millet-based food products are entering into the market. With the rise in awareness among consumers demand for these products is gaining traction, particularly in semi-arid regions that have minimal access to water resources. Key players in the global millet market are conducting training programs for farmers, providing them with knowledge and measures for increasing millet cultivation.
For More Details Browse Full Report at: https://www.factmr.com/report/312/millets-market
North America to Account for Largest Revenue Share of Global Millets Market during 2017 to 2022
Millets are gaining immense traction in North American regions owing to their hypoglycemic and gluten-free properties. Sales of millets in North America is projected to account for the largest revenue share of the global millet market during 2017 to 2022. APEJ will continue to stick to its position of being the second most lucrative market for millets. All types of millets are basically cultivated in APEJ countries such as India and China. India is a major producer of pearl millet, primarily cultivated in the north-western states of the country. In addition, China is the predominant producer of foxtail millet.
Sales of Millets for Bakery Products and Direct Consumption to Exhibit Nearly Similar CAGRs through 2022
Based on application, revenues from sales of flour millets will remain the largest in the global market. Sales of millets for direct consumption and bakery products will exhibit nearly similar CAGRs through 2022. Application of millets in non-alcoholic beverages will exhibit the highest CAGR through 2022, followed by breakfast foods and fodder.
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Key companies included in Fact.MR’s report on the global millets market are Roundstone Native Seed Company, Ernst Conservation Seeds, Brett-Young Seeds Limited, E.I. DuPont De Nemours and Company, Wise Seed Company, Inc., Bayer Crop Science AG, Cargill, Inc., and Archer Daniels Midland Company.
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Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.
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For more detailed information Click Here https://www.factmr.com/connectus/sample?flag=S&rep_id=312
Steady Expansion Anticipated for Global Millets Markets During 2017 to 2022
A recent report published by Fact.MR projects the global millets market to reflect a steady growth over the forecast period (2017-2022). Revenues from sales of millets across the globe is forecast to increase from over US$ 10,000 Mn in 2017 to exceed US$ 13,500 Mn by 2022-end. Millets play an indispensable role in the economy and food security of several countries, especially in the regions of Asia-Pacific excluding Japan (APEJ)
The global market is currently teeming with millet-based food products such as pasta or ragi biscuits, and noodles prepared from barnyard millet. Several new startups focused on production of millet-based food products are entering into the market. With the rise in awareness among consumers demand for these products is gaining traction, particularly in semi-arid regions that have minimal access to water resources. Key players in the global millet market are conducting training programs for farmers, providing them with knowledge and measures for increasing millet cultivation.
For More Details Browse Full Report at: https://www.factmr.com/report/312/millets-market
North America to Account for Largest Revenue Share of Global Millets Market during 2017 to 2022
Millets are gaining immense traction in North American regions owing to their hypoglycemic and gluten-free properties. Sales of millets in North America is projected to account for the largest revenue share of the global millet market during 2017 to 2022. APEJ will continue to stick to its position of being the second most lucrative market for millets. All types of millets are basically cultivated in APEJ countries such as India and China. India is a major producer of pearl millet, primarily cultivated in the north-western states of the country. In addition, China is the predominant producer of foxtail millet.
Sales of Millets for Bakery Products and Direct Consumption to Exhibit Nearly Similar CAGRs through 2022
Based on application, revenues from sales of flour millets will remain the largest in the global market. Sales of millets for direct consumption and bakery products will exhibit nearly similar CAGRs through 2022. Application of millets in non-alcoholic beverages will exhibit the highest CAGR through 2022, followed by breakfast foods and fodder.
Request for the Customization of the report: https://www.factmr.com/connectus/sample?flag=RC&rep_id=312
Key companies included in Fact.MR’s report on the global millets market are Roundstone Native Seed Company, Ernst Conservation Seeds, Brett-Young Seeds Limited, E.I. DuPont De Nemours and Company, Wise Seed Company, Inc., Bayer Crop Science AG, Cargill, Inc., and Archer Daniels Midland Company.
About Us
We are an insights-driven global market intelligence company with a unique purpose: enabling organizations make better decisions. We do this by creating an ecosystem where an eclectic cognitive collaboration between human imagination and data science leads to path breaking ideas.
Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.
Our mission is empowerment – empowerment of free-thought; empowerment of fact-based decisions; empowerment of decisive action.
For More Information Kindly Contact:
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Mail: sales@factmr.com
Read Blog: https://mypeopletimes.com/
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