The millet stock in India is expected to show a steady increase from 2024 to 2028. The forecasted figures indicate growth from 438.0 thousand metric tons in 2024 to 460.0 thousand metric tons by 2028. In 2023, the actual millet stock was recorded at 430.0 thousand metric tons, outlining a positive growth trajectory. The year-on-year variation shows an approximate increase of 1.14% annually. The compounded annual growth rate (CAGR) over this five-year period averages around 1.72%.
Future trends to watch for include potential impacts of climate change on millet production, government policies promoting millet as a sustainable crop, and shifts in consumer demand towards more nutritious grain options, which could further influence stock levels and trade dynamics.
