The forecast for millet distribution in India from 2024 to 2028 indicates a steady increase in volume from 12.69 to 12.92 million metric tons. As of 2023, the volume stood at approximately 12.63 million metric tons. The year-on-year growth is modest, ranging around 0.47% to 0.48% annually, signifying a stable and incremental trend. Over the five-year forecast period, the Compound Annual Growth Rate (CAGR) averages around 0.46%.
Future trends to watch for in millet distribution include:
- Increased focus on sustainable agriculture and climate resilience, potentially boosting millet production.
- Rising consumer awareness and demand for healthy grains may influence market dynamics.
- Policy changes and government support aimed at enhancing crop diversity could impact production and distribution.