Technavio has been monitoring the finger millet market and is forecast to grow by $ 5206.2 mn during 2023-2028, accelerating at a CAGR of 6.78% during the forecast period. Our report on the finger millet market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by low maintenance of finger millet cultivation, rising adoption of gluten-free diet, and health benefits of finger millet.
Technavio's finger millet market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
6.23%
CAGR
6.78%
Incremental Value
$5206.2mn
By Application
Food source
Fodder
Baking
By Distribution Channel
Offline
Online
By Geographical Landscape
APAC
Middle East and Africa
Europe
South America
North America
This study identifies the property of diabetes control as one of the prime reasons driving the finger millet market growth during the next few years. Also, rise in new product launches and growth in packaging and distribution of finger millets will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the finger millet market covers the following areas:
Finger millet market sizing
Finger millet market forecast
Finger millet market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading finger millet market vendors that include Akshaa Foods, Ancient Golden Mill, Deepan Mills, Dharani Farming and Marketing Cooperative, E5 Commodities, Farmer Exim, GEEWIN EXIM, Giva Agro, Ipahad, Kaadu Organic Farm, Kenya Seed Co. Ltd., Miheraa Organic Foods, Nature Bio Foods Ltd., Pioneer Agro Industry, Pure Products, Royal Mineral, Simosis International, and SK Royal Industries. Also, the finger millet market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by Distribution Channel
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Finger Millet Market 2018 - 2022
Historic Market Size - Data Table on Global Finger Millet Market 2018 - 2022 ($ million)