印度小米行业研究报告

~$ 7.7 BILLION Contents Executive SummaryGlobal Millets Industry: OverviewIndian Millets Industry: OverviewDifferent Types of Millets Grown in IndiaGrowth Drivers of Millets Industry in IndiaGovernment Initiatives to promote MilletsMillets Value ChainCosts Involved in Millets IndustryPorter’s Five Force AnalysisNutritional profiles of MilletsMillet brands in IndiaInnovation in Millets ProcessingValue Added Products from MilletsIs Millet Farming Feasible for Farmers?Challenges and OpportunitiesConclusion1.2.3.4.5.6.7.8.9.10.11.12.13.14.15.16.341217202124262829313637383942ReadOn InsightsReadOn Insights Executive Summary Today, we’re exploring the vibrant Indian millet industry—valued at USD7.7 billion - a dynamic and fast-growingspace. It is witnessing a healthy revival, backed by agrowing shift towards mindful eating and sustainableagriculture. Once considered a poor man’s grain, milletsare now gaining superfood status thanks to their nutritionalrichness and gluten-free nature. The growth is driven by rising consumer awareness aroundhealth and wellness, global demand for climate-resilientcrops, and policy support through initiatives like theInternational Year of Millets 2023. Brands are tapping intothis trend with value-added millet products—ranging fromready-to-cook mixes and snacks to millet-based breakfastcereals—targeting urban, health-conscious consumersand export markets alike.ReadOn InsightsReadOn Insights India is the largest producer of millets, with states likeRajasthan, Maharashtra, and Karnataka at the forefront.While challenges such as low productivity in certainregions, weak value chains, and limited farmer awarenessremain, they also present untapped opportunities.Promoting millet exports as a climate-smart food can helpIndia become a global hub for millet innovation andsustainability. Global Millets Industry: Overview Millets—such as pearl, finger, and foxtail—are consideredsuperfoods for their rich nutritional profile and healthbenefits. Widely grown in India, these ancient grains are highin fiber and essential nutrients, and their climate resiliencemakes them a sustainable choice for modern diets. Global Millets Market Millets are cultivated in overcountries,covering more thanmillion hectares globally, withproduction primarily concentrated in Asia and Africa.13174 Global Millets Industry: Overview Top Exporters of Millets, in Million USD (2023) Global Millets Industry: Overview Global Production and Consumption of Millets Millets are one of the oldest farmed cerealgrains in the world and are believed to be thefirst domesticated cereal grain. There isevidence of the cultivation of millet in theKorean Peninsula around 3,500 BC – 2,000 BC. was the estimated global consumption ofmillets during MY 2023, witnessing a y-o-yincrease of 6.1%. 93.5MMT Country Wise Millet Consumption Volumes (in 2022) Global Millets Industry: Overview Global Area under Harvest and Yield of Millets Over the years, advanced farming methods have helpedimprove millet yields. These include mechanization andbetter use of fertilizers. However, the land used to growmillets has steadily declined. This is mainly becausefarmers are switching to more profitable crops like rice,wheat, sugarcane, and cotton. These crops often get bettergovernment support, guaranteed procurement, higherprices, and easier access to irrigation. Between MY 2014 and MY 2022, theglobal area under millet harvestwitnessed a negative CAGR of -0.6%,indicating a consistent contraction incultivation.ReadOn Insights However, this trend slightly reversed in MY 2023, with theharvested area increasing to 73.1 million hectares, reflectinga 2.7% YoY growth. In contrast to the shrinking cultivation area, milletyields have shown steady improvement. In MY 2023,yield reached 1.29 MT/hectare, a 4.5% YoY increase.From MY 2014 to MY 2023, the yield recorded a 0.3% CAGR, showcasing productivity gains despitelimited land expansion. This rise in yield per hectarebenefits farmers by increasing output and incomefrom the same land, driven largely by timely accessto quality inputs like HYV seeds and fertilisers. Global Millets Industry: Overview Why Sorghum Stands Out: The King of Millets Known as the King of Millets, sorghum (Jowar) isone of the most dominant and versatile crops inthe millet family. Its high stem sugar contentand juicy biomass make it ideal for bioethanoland biogas production, while its ability to growin dry regions adds to its value in the biofueland bioplastics sectors. In the year 2022, sorghum contributed 25%(4.40 Million Metric Tonnes) to the total milletproduction (17.60 Million Metric Tonnes). Top 5 Countries Producing Sorghum in 2022ReadOn Insights Global Millets Industry: Overview Why Jowar Stands Out: The King of Millets Jowar is widely used in local cuisines in the form of rotis,porridge, dosa, and fermented beverages, reflecting itsdeep-rooted cultural and culinary significance. It is alsoglobally used in diverse forms