Millet Based Packaged Food Market
Millet Based Packaged Food Market Forecasts to 2028 - Global Analysis By Product (Pasta, Instant Upma, Dosa & Idli Premix, Waffle & Pancake Premix, Protein Rich Bars, Porridge/Daliya, Instant Poha, Multigrain Flour, RTE Noodles, Vermicellii, Other Bakery Mixes), Sales Channel (Convenience Stores, Modern Trade, Online Retail, Specialty Stores, Other Sales Channel), Demography (Adults, Kids) and By Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2022) |
US $33.7 MN |
|
Projected Year Value (2028) |
US $71.28 MN |
|
CAGR (2022 - 2028) |
11.2% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Fastest Growing Market |
Middle East & Africa |
According to Stratistics MRC, the Global Millet Based Packaged Food Market is accounted for $37.7 million in 2022 and is expected to reach $71.28 million by 2028 growing at a CAGR of 11.2% during the forecast period. Millets are a good source of substances that have antibacterial, antioxidant, and compounds with a protein composition. Patients with chronic illnesses like type 2 diabetes, cancer, and cardiovascular disorders benefit from eating food made from millet. By encouraging a healthy lifestyle via prevention rather than therapy, millet-based functional foods can help address the growing burden on the healthcare system.
According to the UN Food and Agriculture Organization’s data, agriculture accounts for 70% of total water consumption among these sectors. It is highest for Asia and Africa where agriculture is in primary sector of economy. According to FAO, the global millet production was estimated at 28.2 million metric tons in 2019, which had increased to 30.5 million metric tons in 2020. India is the largest global producer, with a 33.3% global market share in 2020. In the last two decades, the importance of millet as a food staple, particularly in India, has been declining due to various factors, including rising incomes, growing urbanization, and government policies.
Market Dynamics:
Driver:
Evolving Landscape of Processed Food
The introduction of novel product segments has caused the food processing industry in India to develop quickly. This shows a change in consumer preference toward processed meals. Additionally, several Indian states now have greater capacity for food processing. It is projected that the market would continue to diversify in terms of product type. In India, the production of packaged goods is significantly increasing. The demand for millet products with added value is being driven by this. In India, processed foods made from millet have a significant growth potential, largely as a result of rising disposable income.
Restraint:
High product prices
A barrier to entry in the urban food industry is high product prices in compared to widely consumed cereals. When compared to the markets for rice and wheat, millets have a lesser production volume and a weaker supply chain, which is the cause of these high pricing.
Opportunity:
Growth in Awareness about Health Benefits of Millets
The demand for packaged millet-based food in India is being driven by causes including increased consumer knowledge of the advantages of millet based processed food and a notable increase in millet cultivation.
Threat:
Short Life Span and High Cost
Millets have a relatively short shelf life. The preservation and processing are accelerated as a result. The costs consequently rise as a result. This pricing hike is making it more difficult for this sector to appeal to general customers. This market's penetration is being hampered by high product prices relative to widely consumed grains. When compared to the markets for rice and wheat, millets have a lesser production volume and a weaker supply chain, which is the cause of these high pricing.
Covid-19 Impact
A growing understanding of traditional millet's nutritional advantages is leading to its recognition as a super grain. Consumption of items made from millet has been steadily increasing, particularly since the COVID-19 epidemic began. This increase in millets consumption during the epidemic can be attributed to individuals becoming more concerned of their health. Farmers who have increased their millet sowing areas have profited from the growth in demand for packaged foods made from millet. Millets are being used by people to boost their immune systems.
The Dosa & idli premix segment is expected to be the largest during the forecast period
Based on product the market is into Pasta, Instant Upma, Dosa & Idli Premix, Waffle & Pancake Premix, Protein Rich Bars, Porridge/Daliya, Instant Poha, Multigrain Flour, RTE Noodles, Vermicellii and Other Bakery Mixes. Most South Indian states consider dosa and idli premix to be a basic cuisine. The segment is projected to be driven by an increase in the demand for gluten-free foods as well as a rise in consumer desire for quick-cooking and easy food options. The demand for packaged millet-based dosa and idli premix food is anticipated to grow at the highest CAGR over the course of the projected period.
The Specialty stores segment is expected to have the highest CAGR during the forecast period
Based on sales channel the market is classified into Convenience Stores, Modern Trade, Online Retail, Specialty Stores and Other Sales Channel. The sale of millets in specialty stores generates lower sales revenues. Many millet producers want to offer their products through retail outlets because buyers are more confident when products are physically accessible. When producers selling their millet products in local markets do not receive a fair price, they sell their products in faraway markets.
Region with highest share:
Asia pacific region holds the highest share in projected period. Millets play an essential role in food security and the economy in Asia- Pacific. India has the highest millet production globally; India produces all varieties of millets products and processes forms, which are gaining attention from its urban population. It is attributed to the increasing demand for fibre-rich, gluten-free, and hypoglycaemic food products among health-conscious consumers.
Region with highest CAGR:
Middle East & Africa Millet record the highest CAGR during the projected forecast period. It has been one of the basic nutrients of humans in Africa. Millets are popular in developing regions, like India and Africa, where food and nutritional security are the major challenges. The high drought tolerance capacity of the crop allows it to be cultivated in the adverse environmental conditions of the regions. Thus, as millets play an important role in the food security and economy of many countries in Africa, consumption is anticipated to be high.
Key players in the market
Some of the key players profiled in the Millet Based Packaged Food Market include ITC Limited, Slurrp Farms, Quaker Oats Company, Naturally Yours, FirmRoots Private Limited, Truefarm Foods, Urban Millets Pvt. Ltd., Moon Foods, OGMO Foods, Coastal Foods, Bliss Tree India, Priya Foods, Sri Lakshmi Foods, Urban Monk Private Limited and Treta Agro (P) Ltd.
Key Developments:
In February 2022, Slurrp Farms secured a US$ 7 Mn funding from Institutional Investors Investment Corporation of Dubai and Fireside Ventures to expand its millet-based offering and ramp up its marketing activities, product innovation, as well as increase the global presence of its brand and products.
In July 2019, ITC Limited launched a new range of gluten-free flour, ragi flour, and multi-millet mix flour under the brand Aashirvaad Nature’s Super Foods. The new products were first made available in New Delhi, Mumbai, Bengaluru, Kolkata, Hyderabad, and Chennai.
Products Covered:
• Pasta
• Instant Upma
• Dosa & Idli Premix
• Waffle & Pancake Premix
• Protein Rich Bars
• Porridge/Daliya
• Instant Poha
• Multigrain Flour
• RTE Noodles
• Vermicellii
• Other Products
Sales Channels Covered:
• Convenience Stores
• Modern Trade
• Online Retail
• Specialty Stores
• Other Sales Channel
Demography’s Covered:
• Adults
• Kids
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
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Millet Based Packaged Food Market, By Product
5.1 Introduction
5.2 Pasta
5.3 Instant Upma
5.4 Dosa & Idli Premix
5.5 Waffle & Pancake Premix
5.6 Protein Rich Bars
5.7 Porridge/Daliya
5.8 Instant Poha
5.9 Multigrain Flour
5.10 RTE Noodles
5.11 Vermicellii
5.12 Other Products
6 Global Millet Based Packaged Food Market, By Sales Channel
6.1 Introduction
6.2 Convenience Stores
6.3 Modern Trade
6.4 Online Retail
6.5 Specialty Stores
6.6 Other Sales Channel
7 Global Millet Based Packaged Food Market, By Demography
7.1 Introduction
7.2 Adults
7.3 Kids
8 Global Millet Based Packaged Food Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 ITC Limited
10.2 Slurrp Farms
10.3 Quaker Oats Company
10.4 Naturally Yours
10.5 FirmRoots Private Limited
10.6 Truefarm Foods
10.7 Urban Millets Pvt. Ltd.
10.8 Moon Foods
10.9 OGMO Foods
10.10 Coastal Foods
10.11 Bliss Tree India
10.12 Priya Foods
10.13 Sri Lakshmi Foods
10.14 Urban Monk Private Limited
10.15 Treta Agro (P) Ltd
List of Tables
1 Global Millet Based Packaged Food Market Outlook, By Region (2020-2028) ($MN)
2 Global Millet Based Packaged Food Market Outlook, By Product (2020-2028) ($MN)
3 Global Millet Based Packaged Food Market Outlook, By Pasta (2020-2028) ($MN)
4 Global Millet Based Packaged Food Market Outlook, By Instant Upma (2020-2028) ($MN)
5 Global Millet Based Packaged Food Market Outlook, By Dosa & Idli Premix (2020-2028) ($MN)
6 Global Millet Based Packaged Food Market Outlook, By Waffle & Pancake Premix (2020-2028) ($MN)
7 Global Millet Based Packaged Food Market Outlook, By Protein Rich Bars (2020-2028) ($MN)
8 Global Millet Based Packaged Food Market Outlook, By Porridge/Daliya (2020-2028) ($MN)
9 Global Millet Based Packaged Food Market Outlook, By Instant Poha (2020-2028) ($MN)
10 Global Millet Based Packaged Food Market Outlook, By Multigrain Flour (2020-2028) ($MN)
11 Global Millet Based Packaged Food Market Outlook, By RTE Noodles (2020-2028) ($MN)
12 Global Millet Based Packaged Food Market Outlook, By Vermicellii (2020-2028) ($MN)
13 Global Millet Based Packaged Food Market Outlook, By Other Products (2020-2028) ($MN)
14 Global Millet Based Packaged Food Market Outlook, By Sales Channel (2020-2028) ($MN)
15 Global Millet Based Packaged Food Market Outlook, By Convenience Stores (2020-2028) ($MN)
16 Global Millet Based Packaged Food Market Outlook, By Modern Trade (2020-2028) ($MN)
17 Global Millet Based Packaged Food Market Outlook, By Online Retail (2020-2028) ($MN)
18 Global Millet Based Packaged Food Market Outlook, By Specialty Stores (2020-2028) ($MN)
19 Global Millet Based Packaged Food Market Outlook, By Other Sales Channel (2020-2028) ($MN)
20 Global Millet Based Packaged Food Market Outlook, By Demography (2020-2028) ($MN)
21 Global Millet Based Packaged Food Market Outlook, By Adults (2020-2028) ($MN)
22 Global Millet Based Packaged Food Market Outlook, By Kids (2020-2028) ($MN)
23 North America Millet Based Packaged Food Market Outlook, By Country (2020-2028) ($MN)
24 North America Millet Based Packaged Food Market Outlook, By Product (2020-2028) ($MN)
25 North America Millet Based Packaged Food Market Outlook, By Pasta (2020-2028) ($MN)
26 North America Millet Based Packaged Food Market Outlook, By Instant Upma (2020-2028) ($MN)
27 North America Millet Based Packaged Food Market Outlook, By Dosa & Idli Premix (2020-2028) ($MN)
28 North America Millet Based Packaged Food Market Outlook, By Waffle & Pancake Premix (2020-2028) ($MN)
29 North America Millet Based Packaged Food Market Outlook, By Protein Rich Bars (2020-2028) ($MN)
30 North America Millet Based Packaged Food Market Outlook, By Porridge/Daliya (2020-2028) ($MN)
31 North America Millet Based Packaged Food Market Outlook, By Instant Poha (2020-2028) ($MN)
32 North America Millet Based Packaged Food Market Outlook, By Multigrain Flour (2020-2028) ($MN)
33 North America Millet Based Packaged Food Market Outlook, By RTE Noodles (2020-2028) ($MN)
34 North America Millet Based Packaged Food Market Outlook, By Vermicellii (2020-2028) ($MN)
35 North America Millet Based Packaged Food Market Outlook, By Other Products (2020-2028) ($MN)
36 North America Millet Based Packaged Food Market Outlook, By Sales Channel (2020-2028) ($MN)
37 North America Millet Based Packaged Food Market Outlook, By Convenience Stores (2020-2028) ($MN)
38 North America Millet Based Packaged Food Market Outlook, By Modern Trade (2020-2028) ($MN)
39 North America Millet Based Packaged Food Market Outlook, By Online Retail (2020-2028) ($MN)
40 North America Millet Based Packaged Food Market Outlook, By Specialty Stores (2020-2028) ($MN)
41 North America Millet Based Packaged Food Market Outlook, By Other Sales Channel (2020-2028) ($MN)
42 North America Millet Based Packaged Food Market Outlook, By Demography (2020-2028) ($MN)
43 North America Millet Based Packaged Food Market Outlook, By Adults (2020-2028) ($MN)
44 North America Millet Based Packaged Food Market Outlook, By Kids (2020-2028) ($MN)
45 Europe Millet Based Packaged Food Market Outlook, By Country (2020-2028) ($MN)
46 Europe Millet Based Packaged Food Market Outlook, By Product (2020-2028) ($MN)
47 Europe Millet Based Packaged Food Market Outlook, By Pasta (2020-2028) ($MN)
48 Europe Millet Based Packaged Food Market Outlook, By Instant Upma (2020-2028) ($MN)
49 Europe Millet Based Packaged Food Market Outlook, By Dosa & Idli Premix (2020-2028) ($MN)
50 Europe Millet Based Packaged Food Market Outlook, By Waffle & Pancake Premix (2020-2028) ($MN)
51 Europe Millet Based Packaged Food Market Outlook, By Protein Rich Bars (2020-2028) ($MN)
52 Europe Millet Based Packaged Food Market Outlook, By Porridge/Daliya (2020-2028) ($MN)
53 Europe Millet Based Packaged Food Market Outlook, By Instant Poha (2020-2028) ($MN)
54 Europe Millet Based Packaged Food Market Outlook, By Multigrain Flour (2020-2028) ($MN)
55 Europe Millet Based Packaged Food Market Outlook, By RTE Noodles (2020-2028) ($MN)
56 Europe Millet Based Packaged Food Market Outlook, By Vermicellii (2020-2028) ($MN)
57 Europe Millet Based Packaged Food Market Outlook, By Other Products (2020-2028) ($MN)
58 Europe Millet Based Packaged Food Market Outlook, By Sales Channel (2020-2028) ($MN)
59 Europe Millet Based Packaged Food Market Outlook, By Convenience Stores (2020-2028) ($MN)
60 Europe Millet Based Packaged Food Market Outlook, By Modern Trade (2020-2028) ($MN)
61 Europe Millet Based Packaged Food Market Outlook, By Online Retail (2020-2028) ($MN)
62 Europe Millet Based Packaged Food Market Outlook, By Specialty Stores (2020-2028) ($MN)
63 Europe Millet Based Packaged Food Market Outlook, By Other Sales Channel (2020-2028) ($MN)
64 Europe Millet Based Packaged Food Market Outlook, By Demography (2020-2028) ($MN)
65 Europe Millet Based Packaged Food Market Outlook, By Adults (2020-2028) ($MN)
66 Europe Millet Based Packaged Food Market Outlook, By Kids (2020-2028) ($MN)
67 Asia Pacific Millet Based Packaged Food Market Outlook, By Country (2020-2028) ($MN)
68 Asia Pacific Millet Based Packaged Food Market Outlook, By Product (2020-2028) ($MN)
69 Asia Pacific Millet Based Packaged Food Market Outlook, By Pasta (2020-2028) ($MN)
70 Asia Pacific Millet Based Packaged Food Market Outlook, By Instant Upma (2020-2028) ($MN)
71 Asia Pacific Millet Based Packaged Food Market Outlook, By Dosa & Idli Premix (2020-2028) ($MN)
72 Asia Pacific Millet Based Packaged Food Market Outlook, By Waffle & Pancake Premix (2020-2028) ($MN)
73 Asia Pacific Millet Based Packaged Food Market Outlook, By Protein Rich Bars (2020-2028) ($MN)
74 Asia Pacific Millet Based Packaged Food Market Outlook, By Porridge/Daliya (2020-2028) ($MN)
75 Asia Pacific Millet Based Packaged Food Market Outlook, By Instant Poha (2020-2028) ($MN)
76 Asia Pacific Millet Based Packaged Food Market Outlook, By Multigrain Flour (2020-2028) ($MN)
77 Asia Pacific Millet Based Packaged Food Market Outlook, By RTE Noodles (2020-2028) ($MN)
78 Asia Pacific Millet Based Packaged Food Market Outlook, By Vermicellii (2020-2028) ($MN)
79 Asia Pacific Millet Based Packaged Food Market Outlook, By Other Products (2020-2028) ($MN)
80 Asia Pacific Millet Based Packaged Food Market Outlook, By Sales Channel (2020-2028) ($MN)
81 Asia Pacific Millet Based Packaged Food Market Outlook, By Convenience Stores (2020-2028) ($MN)
82 Asia Pacific Millet Based Packaged Food Market Outlook, By Modern Trade (2020-2028) ($MN)
83 Asia Pacific Millet Based Packaged Food Market Outlook, By Online Retail (2020-2028) ($MN)
84 Asia Pacific Millet Based Packaged Food Market Outlook, By Specialty Stores (2020-2028) ($MN)
85 Asia Pacific Millet Based Packaged Food Market Outlook, By Other Sales Channel (2020-2028) ($MN)
86 Asia Pacific Millet Based Packaged Food Market Outlook, By Demography (2020-2028) ($MN)
87 Asia Pacific Millet Based Packaged Food Market Outlook, By Adults (2020-2028) ($MN)
88 Asia Pacific Millet Based Packaged Food Market Outlook, By Kids (2020-2028) ($MN)
89 South America Millet Based Packaged Food Market Outlook, By Country (2020-2028) ($MN)
90 South America Millet Based Packaged Food Market Outlook, By Product (2020-2028) ($MN)
91 South America Millet Based Packaged Food Market Outlook, By Pasta (2020-2028) ($MN)
92 South America Millet Based Packaged Food Market Outlook, By Instant Upma (2020-2028) ($MN)
93 South America Millet Based Packaged Food Market Outlook, By Dosa & Idli Premix (2020-2028) ($MN)
94 South America Millet Based Packaged Food Market Outlook, By Waffle & Pancake Premix (2020-2028) ($MN)
95 South America Millet Based Packaged Food Market Outlook, By Protein Rich Bars (2020-2028) ($MN)
96 South America Millet Based Packaged Food Market Outlook, By Porridge/Daliya (2020-2028) ($MN)
97 South America Millet Based Packaged Food Market Outlook, By Instant Poha (2020-2028) ($MN)
98 South America Millet Based Packaged Food Market Outlook, By Multigrain Flour (2020-2028) ($MN)
99 South America Millet Based Packaged Food Market Outlook, By RTE Noodles (2020-2028) ($MN)
100 South America Millet Based Packaged Food Market Outlook, By Vermicellii (2020-2028) ($MN)
101 South America Millet Based Packaged Food Market Outlook, By Other Products (2020-2028) ($MN)
102 South America Millet Based Packaged Food Market Outlook, By Sales Channel (2020-2028) ($MN)
103 South America Millet Based Packaged Food Market Outlook, By Convenience Stores (2020-2028) ($MN)
104 South America Millet Based Packaged Food Market Outlook, By Modern Trade (2020-2028) ($MN)
105 South America Millet Based Packaged Food Market Outlook, By Online Retail (2020-2028) ($MN)
106 South America Millet Based Packaged Food Market Outlook, By Specialty Stores (2020-2028) ($MN)
107 South America Millet Based Packaged Food Market Outlook, By Other Sales Channel (2020-2028) ($MN)
108 South America Millet Based Packaged Food Market Outlook, By Demography (2020-2028) ($MN)
109 South America Millet Based Packaged Food Market Outlook, By Adults (2020-2028) ($MN)
110 South America Millet Based Packaged Food Market Outlook, By Kids (2020-2028) ($MN)
111 Middle East & Africa Millet Based Packaged Food Market Outlook, By Country (2020-2028) ($MN)
112 Middle East & Africa Millet Based Packaged Food Market Outlook, By Product (2020-2028) ($MN)
113 Middle East & Africa Millet Based Packaged Food Market Outlook, By Pasta (2020-2028) ($MN)
114 Middle East & Africa Millet Based Packaged Food Market Outlook, By Instant Upma (2020-2028) ($MN)
115 Middle East & Africa Millet Based Packaged Food Market Outlook, By Dosa & Idli Premix (2020-2028) ($MN)
116 Middle East & Africa Millet Based Packaged Food Market Outlook, By Waffle & Pancake Premix (2020-2028) ($MN)
117 Middle East & Africa Millet Based Packaged Food Market Outlook, By Protein Rich Bars (2020-2028) ($MN)
118 Middle East & Africa Millet Based Packaged Food Market Outlook, By Porridge/Daliya (2020-2028) ($MN)
119 Middle East & Africa Millet Based Packaged Food Market Outlook, By Instant Poha (2020-2028) ($MN)
120 Middle East & Africa Millet Based Packaged Food Market Outlook, By Multigrain Flour (2020-2028) ($MN)
121 Middle East & Africa Millet Based Packaged Food Market Outlook, By RTE Noodles (2020-2028) ($MN)
122 Middle East & Africa Millet Based Packaged Food Market Outlook, By Vermicellii (2020-2028) ($MN)
123 Middle East & Africa Millet Based Packaged Food Market Outlook, By Other Products (2020-2028) ($MN)
124 Middle East & Africa Millet Based Packaged Food Market Outlook, By Sales Channel (2020-2028) ($MN)
125 Middle East & Africa Millet Based Packaged Food Market Outlook, By Convenience Stores (2020-2028) ($MN)
126 Middle East & Africa Millet Based Packaged Food Market Outlook, By Modern Trade (2020-2028) ($MN)
127 Middle East & Africa Millet Based Packaged Food Market Outlook, By Online Retail (2020-2028) ($MN)
128 Middle East & Africa Millet Based Packaged Food Market Outlook, By Specialty Stores (2020-2028) ($MN)
129 Middle East & Africa Millet Based Packaged Food Market Outlook, By Other Sales Channel (2020-2028) ($MN)
130 Middle East & Africa Millet Based Packaged Food Market Outlook, By Demography (2020-2028) ($MN)
131 Middle East & Africa Millet Based Packaged Food Market Outlook, By Adults (2020-2028) ($MN)
132 Middle East & Africa Millet Based Packaged Food Market Outlook, By Kids (2020-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
