Market Forecast By Type (Pearl Millet, Finger Millet, ProsoMillet, Others), By Distribution Channel (Trade Association& Organization, Traditional Grocery Stores, Supermarket, Online Stores, Others), By Application (Infant Food, Bakery Products, Beverages) And Competitive Landscape
Product Code: ETC178551 | Publication Date: Jan 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Bangladesh Millets Market |
Forecast period | 2025-2031 |
CAGR | 4.5% |
Growing Sector | Food and beverage |
Bangladesh Millets Market report thoroughly covers the market by type, by Distribution channel and application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Bangladesh Millets Market has recently begun to gather attention as a burgeoning sector within the country's agricultural landscape. Millets, recognized for their drought resistance and minimal reliance on chemical fertilizers and pesticides, align well with Bangladesh's increasing focus on sustainable and resilient agricultural practices. The grain's adaptability to adverse climatic conditions makes it an attractive crop choice for Bangladeshi farmers facing challenges such as water scarcity and soil degradation. Furthermore, with a growing consciousness among consumers about health and nutrition, the demand for millets as a nutrient-rich, gluten-free alternative to conventional grains is on the rise. This shift marks a significant opportunity for the expansion of the millets market in Bangladesh, potentially driving advancements in food security and agricultural sustainability.
According to 6Wresearch, the Bangladesh Millets Market size is expected to grow at a significant CAGR of 4.5 % during the forecast period 2025-2031. One of the primary drivers of the Bangladesh millets market is the increasing awareness of millets' health benefits among consumers, coupled with the government's initiatives to promote millets as a superfood. Millets, being rich in fiber, proteins, vitamins, and minerals, are gaining popularity as a nutritious alternative to traditional cereals like rice and wheat, especially among health-conscious individuals. Additionally, millets are drought-resistant crops that fit well into the agricultural practices of Bangladesh, which frequently faces water scarcity issues. This compatibility has encouraged farmers to cultivate millets, thus supporting the local production and contributing to food security in the region. Furthermore, the growing demand for gluten-free grains among consumers with gluten intolerance or celiac disease has propelled the market forward, positioning millets as an attractive option in both domestic and international markets. These drivers have led to major rise in Bangladesh Millets Market Share.
However, the Bangladesh millets market faces significant challenges that hinder its growth. One of the main obstacles is the lack of awareness and consumer education regarding the preparation and culinary uses of millets. Unlike more common grains, many consumers are unfamiliar with cooking millets, which can deter their incorporation into daily diets. Additionally, the existing supply chain for millets in Bangladesh is not as developed as those for major cereals, leading to inefficiencies in distribution and increased costs for consumers. There is also a scarcity of high-yield, disease-resistant millet varieties adapted to the local climate, which limits production capacity. Furthermore, limited marketing efforts and the absence of attractive packaging or branding options have prevented millets from reaching a wider audience, thereby restraining market potential, leading to decline in Bangladesh Millets Market Growth. Addressing these challenges requires concerted efforts from stakeholders, including government bodies, agricultural scientists, and market players, to develop strategies that enhance consumer education, improve millet varieties, and strengthen the supply chain logistics.
The major players of Millets market in Bangladesh includes: Bangla Organic Millets ltd, Bengal rice mills, progati agro products, Greenmills agro farms, Deshbandu group, Greenagro vision ltd. These companies contribute a significant role in the growth and development of the market.
Government regulations play a significant role in shaping the market dynamics and ensuring sustainable growth. In Bangladesh, the government may implement policies related to agricultural practices, import and export regulations, quality standards, subsidies, and incentives to support millet production and trade.
The millet market in Bangladesh is expected to witness continued growth, driven by factors such as increasing consumer awareness of the health benefits of Millets, rising demand for gluten-free and nutrient-rich food products, and the crop's resilience to adverse environmental conditions. The market is likely to see advancements in production techniques, processing methods, and distribution channels to meet the growing demand efficiently.
According to Dhaval, Research Manager, 6Wresearch, Finger millet, also known as ragi, is the most popular type of millet in Bangladesh. It is widely grown and consumed in the northern region of the country and has been a staple food for many years. Finger millet is known for its high nutritional value, as it is rich in protein, calcium, iron, and dietary fiber. In recent years, the demand for finger millet has been increasing due to its high nutritional value and health benefits.
On the basis of application, the most significant segment is Infant food. Millets are considered ideal for infant nutrition due to their high nutrient content and digestibility. They are also easier to cook and can be easily incorporated into baby food products such as porridge, mashed vegetables, and purees.
The traditional grocery stores segment is currently dominating the market, as these stores are easily accessible to most consumers in Bangladesh. However, with increasing urbanization and changing consumer lifestyles, there has been a significant rise in the popularity of supermarkets and online stores for purchasing groceries.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Millets Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Millets Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Millets Market - Industry Life Cycle |
3.4 Bangladesh Millets Market - Porter's Five Forces |
3.5 Bangladesh Millets Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bangladesh Millets Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Bangladesh Millets Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bangladesh Millets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness and awareness about the health benefits of millets. |
4.2.2 Growing demand for gluten-free and nutritious food products. |
4.2.3 Government initiatives promoting millet cultivation and consumption. |
4.3 Market Restraints |
4.3.1 Limited awareness and familiarity with millets among the general population. |
4.3.2 Lack of infrastructure for millet processing and distribution. |
4.3.3 Price sensitivity of consumers compared to traditional staples. |
5 Bangladesh Millets Market Trends |
6 Bangladesh Millets Market, By Types |
6.1 Bangladesh Millets Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Millets Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Bangladesh Millets Market Revenues & Volume, By Pearl Millet, 2021-2031F |
6.1.4 Bangladesh Millets Market Revenues & Volume, By Finger Millet, 2021-2031F |
6.1.5 Bangladesh Millets Market Revenues & Volume, By ProsoMillet, 2021-2031F |
6.1.6 Bangladesh Millets Market Revenues & Volume, By Others, 2021-2031F |
6.2 Bangladesh Millets Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Millets Market Revenues & Volume, By Trade Association& Organization, 2021-2031F |
6.2.3 Bangladesh Millets Market Revenues & Volume, By Traditional Grocery Stores, 2021-2031F |
6.2.4 Bangladesh Millets Market Revenues & Volume, By Supermarket, 2021-2031F |
6.2.5 Bangladesh Millets Market Revenues & Volume, By Online Stores, 2021-2031F |
6.2.6 Bangladesh Millets Market Revenues & Volume, By Others, 2021-2031F |
6.3 Bangladesh Millets Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Millets Market Revenues & Volume, By Infant Food, 2021-2031F |
6.3.3 Bangladesh Millets Market Revenues & Volume, By Bakery Products, 2021-2031F |
6.3.4 Bangladesh Millets Market Revenues & Volume, By Beverages, 2021-2031F |
7 Bangladesh Millets Market Import-Export Trade Statistics |
7.1 Bangladesh Millets Market Export to Major Countries |
7.2 Bangladesh Millets Market Imports from Major Countries |
8 Bangladesh Millets Market Key Performance Indicators |
8.1 Number of new millet-based product launches in the market. |
8.2 Growth in millet cultivation area and production. |
8.3 Adoption rate of millets in urban vs. rural areas. |
8.4 Number of government schemes and policies supporting millet cultivation and consumption. |
8.5 Consumer perception and acceptance of millets as a staple food. |
9 Bangladesh Millets Market - Opportunity Assessment |
9.1 Bangladesh Millets Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bangladesh Millets Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Bangladesh Millets Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bangladesh Millets Market - Competitive Landscape |
10.1 Bangladesh Millets Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Millets Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |