Forecast: Millet Demand in the US

The millet demand in the US stood at 160.0 Thousand Metric Tons in 2023 and is expected to steadily decline to 135.0 Thousand Metric Tons by 2028. The year-on-year variation shows a consistent decrease in demand: a 3.2% decline from 2024 to 2025, a 3.3% decline from 2025 to 2026, and a 4.1% decline from 2026 to 2027.

Over a five-year span, the compound annual growth rate (CAGR) indicates an average annual decline of approximately 3.4%, reflecting a consistent reduction in demand for millet, potentially due to changing consumer preferences or competition from alternative grains.

Future trends to watch for include:

  • The influence of health and wellness trends on millet’s popularity, potentially reviving demand.
  • Policy changes or subsidies that could impact domestic millet production and prices.
  • Shifts in consumer awareness and dietary preferences towards gluten-free and sustainable food options.

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