According to Stratistics MRC, the Global Millet and Sorghum Ancient Grains Market is accounted for $8.82 billion in 2020 and is expected to reach $11.88 billion by 2028 growing at a CAGR of 3.8% during the forecast period. Increasing changes in lifestyles, rise in demand for healthy and nutritious food and low cost requirement of farming are driving the market growth. However, high transportation costs and land degradation problems are hampering the growth of the market.
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By geography, North America is going to have high growth during the forecast period due to the rising consumer aversion to cereals and the rising need for organic and natural products from the cosmetic industry is driving the North American markets for ancient grains.
Some of the key players profiled in the Millet and Sorghum Ancient Grains Market include Andean Valley S.A., Archer Daniels Midland Company, Avendano Trading Company, Bunge Limited, Cargill Inc., Glanbia Plc., Healthy Food Ingredients, Llc., Organic Products India and Ziegler & Co. Gmbh.
Products Covered:
• Millet
• Sorghum
Types Covered:
• Inorganic
• Organic (Quinoa)
End Users Covered:
• Animal Feed
• Sports Nutrition
• Bakery & Confectionary
• Infant Formula
• Cereals
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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