The millet processing industry in Ghana observed consistent growth from 2014 to 2023, increasing from 13.0 Thousand Metric Tons to 15.0 Thousand Metric Tons. The period between 2014 and 2023 noted minimal year-on-year variations, with significant increments only in 2016 (7.69%) and 2018 (7.14%). From 2019 to 2023, the industry experienced stagnation.
As of 2024, forecasts predict that the value will remain at 15.0 thousand metric tons until 2027, with an anticipated rise to 16.0 thousand metric tons in 2028. The forecasted 5-year Compound Annual Growth Rate (CAGR) is 1.3%, reflecting a gradual yet steady growth trajectory.
Future trends to watch for:
- Technological advancements in millet processing.
- Government policies promoting agriculture and millet production.
- Shifts in consumer demand towards healthier grains.
