250-page millet market research by Fact MR, a leading market and competitive intelligence provider
The unprecedented COVID-19 pandemic has affected the global economy to a large extent. Considering the food industry, one of the most important sectors of the economy, a considerable impact has been observed on the whole process, from field to consumer. Restrictions on the movement of workers, the closure of food production facilities and changing consumer demand have put undue pressure on the food industry.
The report offers actionable and valuable insights into the millet market. The latest report from Fact.MR provides details about the current market scenario across different regions along with the historical data and forecast of the market. The report also includes information on sales and demand for the Millets market across various industries and regions.
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Market research by Fact.MR gives exclusive insights on market growth. The study identifies crucial trends driving the growth of the Millets Market. This newly released report sheds light on vital dynamics, such as drivers, restraints, and opportunities for major market players as well as emerging players associated with production and supply. Latest Fact.MR Report Provides Detailed Analysis of Millets Market
This newly released and insightful report sheds light on the Millets Market insights, key dynamics, their impact on the overall value chain from vendors to end users and Millets Market growth.
The demand for millet will register a stable CAGR of 5.3% during the forecast period (2017 to 2022). The global millet market is expected to sell over US$13,500 million globally by the end of 2022.
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Market Taxonomy
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(Additional information, including cross-sectional data and country-specific analysis and forecasts, is available in the report)
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Competition follow-up
Fact.MR’s report identifies a key player contributing to the expansion of the global millet market, which includes
- Archer Daniels Midland Company
- Cargil Inc.
- Bayer Crop Science AG
- Wise Seed Company Inc.
- EI DuPont De Nemours and Company
- Brett-Young Seeds Limited
- Ernst Conservation Seeds
- Roundstone Native Seed Society
The dominance of pearl millets among product types must remain unchallenged
Based on product type, the dominance of pearl millet will remain unchallenged throughout the forecast period. Pearl millets adapt well to extremely hot climatic conditions and are resistant to drought conditions. Sales of common millet are also expected to pick up, due to their low water requirement property. Compared to all millet product variants, foxtail millet will experience the fastest sales expansion through 2022.
While modern trade and specialty stores are expected to remain the main distribution channels for millet, their sales in online stores and brick-and-mortar grocery stores are expected to expand relatively faster through 2022, between online stores and grocery stores. traditional, although the former will represent a faster expansion of millet sales, the latter will represent a higher share of market revenue through 2022.
Read more trend reports from Fact.MR-https://www.einpresswire.com/article/556952826/why-is-the-japan-an-opportunistic-cellulose-automotive-air-filter-landscape-report-fact-mr
Key Question Answered in Millets Market Report Survey:
- Millet sales and demand
- Growth of the millet market
- Millet market analysis
- Millet market overview
- Key factors impacting the millet market
- What are the key drivers impacted by the Millet market
- Constraints shaping the growth of the market
- Millet market research
More Valuable Millet Market Insights
Fact.MR, in its new report, offers an unbiased analysis of the millet market, sales and demand for millet, analyzing forecast statistics to 2019 and beyond. The study reveals growth projections based on various criteria.
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