The North America Millet Seeds Market would witness market growth of 4.6% CAGR during the forecast period (2021-2027).
The utilization of millets in infant food and nutrition products is constantly rising as it has calcium, fibers, and iron that provide crucial nutrients for children's healthy growth. In addition, millet is a rich source of vitamin A and B, manganese, iron, magnesium, phosphorus, and has higher protein as compared to rice. Therefore, the gluten-free property would create new growth avenues for the demand and production of food items that are gluten-free and low GI (glycemic). In addition, Millets, quinoa, and buckwheat are broadly utilized during preparing popular dishes like waffles, pizza, pasta, and sandwiches. Moreover, the demand for gluten-free foods is due to the shifting landscape to low cholesterol and fat-free options and a surge in awareness about healthy diets.
The growth of the millet seeds market would be driven by the surge in the population of health-conscious people in this region. In addition, the rise in the adoption rate of healthy and nutritious food products among the customers is encouraging several makers to launch different types of healthy food products in order to meet the rising growing demand for nutrition and gluten-free products. Additionally, the growth of the regional market would witness bright prospects due to the rise in awareness about the advantages of consuming millet-based products which would create further demand for the product in the regional market.
Moreover, consumers are realizing the importance of taking a healthy diet and adopting a healthy lifestyle which would open new growth avenues for the millet seeds market during the forecasting period. Further, the growing demand for on-the-go and convenient food products in this region would also boost the growth of the regional market.
The US market dominated the North America Millet Seeds Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $854.5 million by 2027. The Canada market would witness a CAGR of 7% during (2021 - 2027). Additionally, The Mexico market is experiencing a CAGR of 6.1% during (2021 - 2027).
Based on Sales Channel, the market is segmented into Specialty Stores, Hypermarket/ Supermarket and Other Channels. Based on Type, the market is segmented into Pearl Millet, Finger Millet, Foxtail Millet, Proso Millet and Others. Based on Nature, the market is segmented into Conventional and Organic. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Millet Seeds Market is Estimated to reach $13.5 Billion by 2027, at a CAGR of 7.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Allied Seed, LLC, Crystal Crop Protection Private Limited, Delphi Organic GmbH, Eastern Colorado Seeds, LLC, Hancock Seed & Company, Mamta Hygiene Products Pvt Ltd., Mirfak Pty Ltd., NUTS IN BULK (Outlet Wholefood Company Ltd.), Alta Seeds (Advanta Seeds), and Soya UK Ltd.
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