Millet Based Snacks Market, By Type (Namkeen, Noodles, Chips, Bakery Snacks, and Others), By Distribution Channels (Online and Offline (Sub channel, Hypermarket and Supermarket, Specialty Stores, Convenience Stores, Departmental Stores, and Others)), By G

Millet Based Snacks Market, By Type (Namkeen, Noodles, Chips, Bakery Snacks, and Others), By Distribution Channels (Online and Offline (Sub channel, Hypermarket and Supermarket, Specialty Stores, Convenience Stores, Departmental Stores, and Others)), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)


Millet is a commonly grown crop in several parts of Asia Pacific and Africa due to its short growing season and resilience in dry conditions. Moreover, millet is gluten-free and rich in protein, iron and fiber. Increasing health awareness and preference for gluten-free products among consumers is driving the demand for millet-based snacks. These snacks provide a tasty and nutritious snacking option. Major players are innovating with flavors and textures to appeal to evolving tastes. The millet snacks market is expected to grow steadily due to the many health and environmental benefits of millet.

Market Dynamics:

The millet snacks market is driven by rising health consciousness, preference for gluten-free products and environmental sustainability. Millet is easily digestible and helps manage blood sugar levels. It also contains antioxidants that promote heart health. Players are harnessing these nutritional aspects through aggressive marketing campaigns. However, low consumer awareness about the benefits of millets hampers market growth. Also, supply chain challenges and high production costs pose restraints. Significant opportunities lie in innovating new product lines, utilizing organic millet, and targeting the growing vegan population. With health trends accelerating post-pandemic, the demand for nutritious snacks using superfoods like millets is projected to increase.

Key Features of the Study:
  • This report provides an in-depth analysis of the global millet snacks market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
  • It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global millet snacks market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Kiru Millet, Orgtree , Mood foods, Shri Foods India, Millet Amma, Kaulige Foods, e-Millet, Tru Millet, Ratham Exports, Arvees India , NaNee's , Nutraahaar, and Shanti Food Chem Private Limited
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global millet snacks market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global millet snacks market
Detailed Segmentation-
  • By Type:
  • Namkeen
  • Noodles
  • Chips
  • Bakery Snacks
  • Others
  • By Distribution Channel:
  • Online
  • Offline
  • Hypermarket and Supermarket
  • Specialty Stores
  • Convenience Stores
  • Departmental Stores
  • Others
  • By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
  • Company Profiles:
  • Kiru Millet
  • Orgtree
  • Mood foods
  • Shri Foods India
  • Millet Amma
  • Kaulige Foods
  • e-Millet
  • Tru Millet
  • Ratham Exports
  • Arvees India
  • NaNee's
  • Nutraahaar
  • Shanti Food Chem Private Limited


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Type
Market Snippet, By Distribution Channels
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER’s Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend
4. Global Millet Based Snacks Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting the Global Millet Based Snacks Market – COVID-19
Impact Analysis
5. Global Millet Based Snacks Market, By Type, 2019-2031 (US$ Bn)
Introduction
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Namkeen
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Noodles
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Chips
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Bakery Snacks
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Others
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
6. Global Millet Based Snacks Market, By Distribution Channels, 2019-2031 (US$ Bn)
Introduction
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Online
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Offline
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Sub Segments
Hypermarket and Supermarket
Specialty Stores
Convenience Stores
Departmental Stores
Others
7. Global Millet Based Snacks Market, By Region, 2019-2031 (US$ Bn)
Introduction
Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2031
North America
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2031
Market Size and Forecast, By Type, 2019- 2031 (US$ Bn)
Market Size and Forecast, By Distribution Channels, 2019- 2031 (US$ Bn)
Countries
U.S.
Canada
Latin America
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2031
Market Size and Forecast, By Type, 2019- 2031 (US$ Bn)
Market Size and Forecast, By Distribution Channels, 2019- 2031 (US$ Bn)
Countries
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2031
Market Size and Forecast, By Type, 2019- 2031 (US$ Bn)
Market Size and Forecast, By Distribution Channels, 2019- 2031 (US$ Bn)
Countries
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2031
Market Size and Forecast, By Type, 2019- 2031 (US$ Bn)
Market Size and Forecast, By Distribution Channels, 2019- 2031 (US$ Bn)
Countries
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, For Country, 2020 - 2031
Market Size and Forecast, By Type, 2019- 2031 (US$ Bn)
Market Size and Forecast, By Distribution Channels, 2019- 2031 (US$ Bn)
Sub-regions/Countries
GCC Countries
Israel
Rest of Middle East & Africa
8. Competitive Landscape
Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
Kiru Millet
Company Overview
Type Portfolio
Recent Developments/Updates
Orgtree
Company Overview
Type Portfolio
Recent Developments/Updates
Mood foods
Company Overview
Type Portfolio
Recent Developments/Updates
Shri Foods India
Company Overview
Type Portfolio
Recent Developments/Updates
Millet Amma
Company Overview
Type Portfolio
Recent Developments/Updates
Kaulige Foods
Company Overview
Type Portfolio
Recent Developments/Updates
e-Millet
Company Overview
Type Portfolio
Recent Developments/Updates
Tru Millet
Company Overview
Type Portfolio
Recent Developments/Updates
Ratham Exports
Company Overview
Type Portfolio
Recent Developments/Updates
Arvees India
Company Overview
Type Portfolio
Recent Developments/Updates
NaNee's
Company Overview
Type Portfolio
Recent Developments/Updates
Nutraahaar
Company Overview
Type Portfolio
Recent Developments/Updates
Shanti Food Chem Private Limited
Company Overview
Type Portfolio
Recent Developments/Updates
9. Analyst Recommendation
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. Section
References
Research Methodology
About Us and Sales Contact
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