Mali Millets Market Overview, 2028

Mali Millets Market Overview, 2028

Agricultural production in Mali is largely dominated by cotton and grains, including millet, corn, rice, sorghum, and wheat. Millet is a staple food in Mali, and the millet market is a vibrant and important part of the country's economy. Millet is grown in all regions of Mali, and the main production areas are in the north and the central plateau. The millet market is dominated by small-scale farmers, but there are also a growing number of commercial farmers and traders. The millet market is active throughout the year; the peak season is during the harvest months of October and November. Millet is traded in both local markets and in larger regional markets. Some of the regions in Mali where millets are commonly grown and have a significant market include Sikasso, Segou, Mopti, Koulikoro, Timbuktu, and Gao.

According to the research report ""Mali Millets Market Overview, 2028,"" published by Bonafide Research, the Mali Millets market is expected to grow at 5.26% CAGR from 2023 to 2028. The combination of millets adaptability to Mali's agricultural conditions, cultural significance, nutritional benefits, affordability, and alignment with health and environmental concerns makes them a compelling choice in the country's culinary landscape, driving their widespread consumption and continued popularity. Mali is known for its domestic millet production, and it is largely self-sufficient in meeting its millet consumption needs. Hence, millet imports are relatively limited. Mali has historically exported millets to neighboring countries and other international markets. Countries in the West African region, such as Senegal, Ivory Coast, Burkina Faso, and Niger, have been primary destinations for Mali's millet exports.

The Malian people rely significantly on pearl millet as a source of nutrition and an essential component of their diet. According to the FAO, around 15% of the calories and protein consumed in Mali come from pearl millet. Kodo millet, proso millet, and barnyard millet consumption in Mali is projected to rise in the coming years as more people become aware of their nutritional advantages. Small-scale farmers in Mali would be advantageous to use any of these millets because they are all drought-tolerant and adaptable to rocky terrain. A fantastic option for those with celiac disease or gluten intolerance, these millets are also all gluten-free. Regular grocery stores and markets frequently carry conventional millets; however organic millets may only be available in specialized shops or small markets, making them less widely available. Overall, the direct consumption of millets is anticipated to grow more in the future in Mali. In Mali, traditional retailers tend to carry millets more frequently than other types of outlets. This is due to the fact that traditional stores are more prevalent than other types of retailers and enjoy greater consumer trust. In the future, it's anticipated that millets would be distributed differently in Mali. There will be a rise in demand for millet as more people become aware of its health advantages. The number of millet distribution channels will rise as a result, including internet merchants, supermarkets, and hypermarkets. The overall impact of the COVID-19 pandemic on the millet market in Mali has been negative. The pandemic has led to decreased demand, increased production costs, disruptions to supply chains, and increased food insecurity.

Considered in this report
• Geography: Mali
• Base year: 2017
• Estimated year: 2022
• Forecast year: 2028

Aspects covered in this report
• The Mali millets market, with its value and forecast, along with its segments
• Various drivers and challenges
• Ongoing trends and developments
• Top-profiled companies
• Strategic suggestion

By Product Type in the report
• Pearl Millet
• Foxtail Millet
• Sorghum
• Finger Millet
• Others(Kodo millet, proso millet, barnyard millet)

By Nature in the report
• Conventional Millets
• Organic Millets

By Application in the report
• Ready to eat food
• Bakery
• Beverages
• Breakfast
• Direct Consumption

By Distribution Channel in the report
• Traditional Grocery Stores
• Trade Associations & organizations
• Supermarkets
• Online Stores
• Others Specialty Store

The approach of the report
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analyzing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then performing trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be helpful to industry consultants, manufacturers, suppliers, associations & organizations related to Chocolate Industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.