Global Finger Millet Market 2023-2027

Global Finger Millet Market 2023-2027

Technavio has been monitoring the finger millet market and is forecast to grow by $4683.93 mn during 2022-2027, accelerating at a CAGR of 6.48% 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:

By Application

  • Food source
  • Fodder
  • Baking
By Distribution Channel
  • Offline
  • Online
By Geography
  • 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, Pioneer Agro Industry, Pure Products, Royal Mineral, Simosis International, SK Royal Industries, and Nature Bio Foods Ltd. 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.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Application
      • Table Executive Summary – Chart on Market Segmentation by Distribution Channel
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
  • Historic Market Size
    • Global finger millet market 2017 - 2021
      • Table Historic Market Size – Data Table on Global finger millet market 2017 - 2021 ($ million)
    • Application Segment Analysis 2017 - 2021
      • Table Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • Distribution channel Segment Analysis 2017 - 2021
      • Table Historic Market Size – Distribution channel Segment 2017 - 2021 ($ million)
    • Geography Segment Analysis 2017 - 2021
      • Table Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • Country Segment Analysis 2017 - 2021
      • Table Historic Market Size – Country Segment 2017 - 2021 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2022-2027 (%)
      • Table Data Table on Application - Market share 2022-2027 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Food source - Market size and forecast 2022-2027
      • Table Chart on Food source - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Food source - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Food source - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Food source - Year-over-year growth 2022-2027 (%)
    • Fodder - Market size and forecast 2022-2027
      • Table Chart on Fodder - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Fodder - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Fodder - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Fodder - Year-over-year growth 2022-2027 (%)
    • Baking - Market size and forecast 2022-2027
      • Table Chart on Baking - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Baking - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Baking - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Baking - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ million)
      • Table Data Table on Market opportunity by Application ($ million)
  • Market Segmentation by Distribution Channel
    • Market segments
      • Table Chart on Distribution Channel - Market share 2022-2027 (%)
      • Table Data Table on Distribution Channel - Market share 2022-2027 (%)
    • Comparison by Distribution Channel
      • Table Chart on Comparison by Distribution Channel
      • Table Data Table on Comparison by Distribution Channel
    • Offline - Market size and forecast 2022-2027
      • Table Chart on Offline - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Offline - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Offline - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Offline - Year-over-year growth 2022-2027 (%)
    • Online - Market size and forecast 2022-2027
      • Table Chart on Online - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Online - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Online - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Online - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Distribution Channel
      • Table Market opportunity by Distribution Channel ($ million)
      • Table Data Table on Market opportunity by Distribution Channel ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2022-2027 (%)
      • Table Data Table on Market share by geography 2022-2027 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2022-2027
      • Table Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • Middle East and Africa - Market size and forecast 2022- 2027
      • Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • Europe - Market size and forecast 2022-2027
      • Table Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • South America - Market size and forecast 2022-2027
      • Table Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on South America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on South America - Year-over-year growth 2022-2027 (%)
    • North America - Market size and forecast 2022-2027
      • Table Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on North America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on North America - Year-over-year growth 2022-2027 (%)
    • India - Market size and forecast 2022-2027
      • Table Chart on India - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Table Chart on India - Year-over-year growth 2022-2027 (%)
      • Table Data Table on India - Year-over-year growth 2022-2027 (%)
    • Nigeria - Market size and forecast 2022-2027
      • Table Chart on Nigeria - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Nigeria - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Nigeria - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Nigeria - Year-over-year growth 2022-2027 (%)
    • Russia - Market size and forecast 2022-2027
      • Table Chart on Russia - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Russia - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Russia - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Russia - Year-over-year growth 2022-2027 (%)
    • China - Market size and forecast 2022-2027
      • Table Chart on China - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Table Chart on China - Year-over-year growth 2022-2027 (%)
      • Table Data Table on China - Year-over-year growth 2022-2027 (%)
    • Niger - Market size and forecast 2022-2027
      • Table Chart on Niger - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Niger - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Niger - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Niger - Year-over-year growth 2022-2027 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Low maintenance of finger millet cultivation
      • Rising adoption of gluten-free diet
      • Health benefits of finger millet
    • Market challenges
      • Shortage of millet processing units
      • Side effects of excess consumption of finger millets
      • Presence of popular alternate products
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • Market trends
      • Property of diabetes control
      • Rise in new product launches
      • Growth in packaging and distribution of finger millets
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Akshaa Foods
      • Table Akshaa Foods - Overview
      • Table Akshaa Foods - Product / Service
      • Table Akshaa Foods - Key offerings
    • Ancient Golden Mill
      • Table Ancient Golden Mill - Overview
      • Table Ancient Golden Mill - Product / Service
      • Table Ancient Golden Mill - Key offerings
    • Deepan Mills
      • Table Deepan Mills - Overview
      • Table Deepan Mills - Product / Service
      • Table Deepan Mills - Key offerings
    • Dharani Farming and Marketing Cooperative
      • Table Dharani Farming and Marketing Cooperative - Overview
      • Table Dharani Farming and Marketing Cooperative - Product / Service
      • Table Dharani Farming and Marketing Cooperative - Key offerings
    • E5 Commodities
      • Table E5 Commodities - Overview
      • Table E5 Commodities - Product / Service
      • Table E5 Commodities - Key offerings
    • GEEWIN EXIM
      • Table GEEWIN EXIM - Overview
      • Table GEEWIN EXIM - Product / Service
      • Table GEEWIN EXIM - Key offerings
    • Ipahad
      • Table Ipahad - Overview
      • Table Ipahad - Product / Service
      • Table Ipahad - Key offerings
    • Kaadu Organic Farm
      • Table Kaadu Organic Farm - Overview
      • Table Kaadu Organic Farm - Product / Service
      • Table Kaadu Organic Farm - Key offerings
    • Kenya Seed Co. Ltd.
      • Table Kenya Seed Co. Ltd. - Overview
      • Table Kenya Seed Co. Ltd. - Product / Service
      • Table Kenya Seed Co. Ltd. - Key offerings
    • Nature Bio Foods Ltd.
      • Table Nature Bio Foods Ltd. - Overview
      • Table Nature Bio Foods Ltd. - Product / Service
      • Table Nature Bio Foods Ltd. - Key offerings
    • Pioneer Agro Industry
      • Table Pioneer Agro Industry - Overview
      • Table Pioneer Agro Industry - Product / Service
      • Table Pioneer Agro Industry - Key offerings
    • Pure Products
      • Table Pure Products - Overview
      • Table Pure Products - Product / Service
      • Table Pure Products - Key offerings
    • Royal Mineral
      • Table Royal Mineral - Overview
      • Table Royal Mineral - Product / Service
      • Table Royal Mineral - Key offerings
    • Simosis International
      • Table Simosis International - Overview
      • Table Simosis International - Product / Service
      • Table Simosis International - Key offerings
    • SK Royal Industries
      • Table SK Royal Industries - Overview
      • Table SK Royal Industries - Product / Service
      • Table SK Royal Industries - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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