Europe Millet Seeds Market Size, Share & Trends Analysis Report By Nature (Conventional, and Organic), By Sales Channel (Specialty Stores, Hypermarket & Supermarket, and Online Channels), By Type, By Country and Growth Forecast, 2024 - 2031
The Europe Millet Seeds Market would witness market growth of 5.5% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 140,255.81 tonnes, showcasing a growth of 13% (2020-2024).
In the millet seeds market, specialty stores serve as a crucial sales channel, offering targeted access to niche consumer segments interested in health and wellness products. These stores, often focused on organic, natural, or specialty foods, provide a curated selection of high-quality millet seeds, catering to health-conscious consumers, fitness enthusiasts, and those with dietary restrictions. Thus, the Germany market is expected to sale 24,248.17 tonnes of millet seeds by specialty store by 2031.
The Germany market dominated the Europe Millet Seeds Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $769.7 million by 2031. The UK market is exhibiting a CAGR of 4.6% during (2024 - 2031). Additionally, The France market would experience a CAGR of 6.5% during (2024 - 2031).
Millet seeds are used to make breakfast cereals like flakes or puffed cereals. These cereals can be consumed with milk or yogurt, offering a nutritious start to the day. Millet seeds are increasingly used in snack foods such as energy bars, granola bars, and savory snacks.
Additionally, their crunchiness and nutritional profile make them suitable for sweet and savory snacks. In many cultures, millet seeds are ground into flour and used to make traditional flatbreads like roti, bhakri, or injera.
With the expansion of food retail outlets in Italy, there is a growing demand for diverse and healthy ingredients like millet seeds, which are valued for their nutritional benefits and suitability for various dietary preferences. Italian food retailers are likely to diversify their product offerings to include items that cater to health-conscious consumers, such as products containing millet seeds. This trend supports innovation and introduces new millet-based products to the market.
Based on Nature, the market is segmented into Conventional, and Organic. Based on Sales Channel, the market is segmented into Specialty Stores, Hypermarket & Supermarket, and Online Channels. Based on Type, the market is segmented into Pearl Millet, Finger Millet, Foxtail Millet, Proso Millet, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Allied Seed, LLC
- Crystal Crop Protection Private Limited
- Delphi Organic GmbH
- Eastern Colorado Seeds, LLC.
- Hancock Farm & Seed Co.
- Mamta Hygiene Products Pvt Ltd.
- Mirfak Pty Ltd
- NUTS IN BULK (Outlet Wholefood Company Ltd.)
- SOYA UK LTD
- RR AGRO FOODS
Europe Millet Seeds Market Report Segmentation
By Nature (Volume, Tonnes, USD Billion, 2020-2031)
By Sales Channel (Volume, Tonnes, USD Billion, 2020-2031)
- Specialty Stores
- Hypermarket & Supermarket
- Online Channels
By Type (Volume, Tonnes, USD Billion, 2020-2031)
- Pearl Millet
- Finger Millet
- Foxtail Millet
- Proso Millet
- Others
By Country (Volume, Tonnes, USD Billion, 2020-2031)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe