Forecast: Millet Losses in India

In 2023, millet production in India stood at approximately 313.5 thousand metric tons. Forecast data for 2024-2028 projects marginal annual increases, reaching 316.0 thousand metric tons by 2028. Year-on-year, the production value remains almost static with negligible fluctuations around 0.3% annually, indicating a stable production scenario. The compound annual growth rate (CAGR) over the five years from 2024 to 2028 is similarly flat, suggesting consistent but minimal growth in millet output.

Future trends to monitor include potential impacts of climate change, government policy changes regarding agriculture, and shifts in consumer preferences towards traditional grains which may influence millet demand and production dynamics in India.

Top Countries about Millet