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A collection of incredibly diversified small-seeded grasses is referred to as millets. Around the world, they are commonly farmed as cereal crops or grains for livestock feed and human consumption. The most common variety of millet is pearl millet, although other important varieties include finger millet, proso millet, and foxtail millet.

In areas with minimal rainfall, millets are frequently planted in mixtures with other crops. Millets mature quickly and typically take 3 to 4 months from planting to harvesting.

The largest millet-producing country is India and is followed by China and Niger.

Key Details About the Millets Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the millets price, maltodextrin price and mustard oil price etc. in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The millets price trend, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Millets Price Trend:

The major applications of millet that are affecting the cost valuation trend are as a functional ingredient in various processed foods. Millet also finds its application as cereal crops or grains for fodder and in alcoholic beverages.

Key Players:

• Cargill India (Cargill, Incorporated),
• Bayer AG,
• Mahyco (Maharashtra Hybrid Seeds Company Limited),
• Alta Seeds (Advanta Seeds US),
• Allied Seed, LLC,
• Eastern Colorado Seeds, LLC (ECS)

News and Events:

• 2021: The first shipment of organic millets from the Himalayan area of India was sent to Denmark. Farmers provided their organic millets to the Agricultural and Processed Food Products Export Development Authority for processing and export in partnership with Uttarakhand Agricultural Produce Marketing and the Just Organik Millets are becoming more popular in Europe and North America because they are gluten-free and low in sugar.

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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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