Millet Based Packaged Food Market size was valued at US$ 43.52 Million in 2023 and is forecasted to grow at a CAGR of 10.2% from 2024-2030, reaching nearly US $ 85.91 Million.
Millet-based packaged food products are made mainly from millet grains which are processed, packaged and then marketed to consumers. Millets are consumed due to their high nutritional value which includes a high level of fiber, important minerals and antioxidants. The Millet Based Packaged Food Market has grown substantially over the past decade and the market is further growing due to rising demand for gluten-free and plant-based goods, rising consumer health consciousness and growing consumer awareness of consumption of more millet-based food nutritional benefits.
In 2024, Millet-Based Snacks and Online Retail Segment Held the Dominant Position. Millet-based snacks dominate due to their convenience, health appeal, and wide consumer acceptance, offering nutritious, gluten-free alternatives. Online retail leads as it provides easy access to diverse millet products, supports direct-to-consumer brands, and aligns with growing digital shopping habits, especially post-pandemic, making both segments central to market growth.
Millet Based Packaged Food Market Regional Insights
In 2024, Asia Pacific held the largest revenue share in the Millet Based Packaged Food Market, contributing approximately 42%, followed by North America as the second-largest region with around 39% of the market share. Asia Pacific benefits from traditional millet consumption, government support, rising health awareness, and its position as a major production hub. North America thrives with health-conscious consumers, product innovation, strong retail and e-commerce infrastructure, and effective consumer education.
Market key players Fueling industry evolution
These companies are leading the Millet Based Packaged Food Market, demonstrating strong financial performance and strategic investments in product development and market expansion:
Troo Good (India) – $6.4 million
Soul full (India) – $12.1 million
24 Mantra Organic (India) – $121.5 million+
Kellogg’s (USA) – $12.7 billion
Nestlé (Switzerland) – $95 billion
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Organic Baby Food Market: Organic Baby Food Market size was valued at USD 8.04 Bn in 2024 and market revenue is growing at a CAGR of 9.7% from 2024 to 2032, reaching nearly USD 16.86 Bn during the forecast period.
Packaged Food Market: Packaged Food Market size was valued at USD 3.57 Trillion in 2024 and the total Packaged Food revenue is expected to grow at a CAGR of 4.5% from 2025 to 2032, reaching nearly USD 5.08 Trillion.
Gluten Free Food Market: Gluten Free Food Market size was valued at USD 7.1 Bn. in 2023 and the total Gluten-Free Food revenue is expected to grow by 8.38% from 2024 to 2030, reaching nearly USD 12.47 Bn.
