In 2023, the Millet market size in Nigeria stood at 1.79 million metric tons. The forecasted data show a steady growth trajectory with year-on-year variations as follows: 2.23% from 2024 to 2025, 2.14% from 2025 to 2026, 2.09% from 2026 to 2027, and 2.05% from 2027 to 2028. Overall, the Compound Annual Growth Rate (CAGR) from 2023 to 2028 is 2.12%.
The forecasted growth indicates a stable and moderate increase in Millet market size over the next five years. Future trends to watch for include advancements in agricultural practices, government policies impacting grain production, and potential demand shifts due to changes in dietary patterns or export opportunities.
