Millet Prices Hit a 5-Year High in 2025: Nutrition Trends Drive Massive Market Shift

Global millet prices increased modestly in the third quarter of 2025, supported by firm consumer demand for gluten-free and health-oriented food products and a rise in agricultural input costs. IMARC Group’s latest publication, “Millet Prices, Trend, Index and Forecast Data Report 2025 Edition” with updated insights for Q3 2025, notes that while production remained stable across most key growing regions, higher fuel, fertilizer, and labor costs pushed overall price levels upward. Demand from functional food producers and export markets added further momentum to prices across North America, Europe, and Asia Pacific.

Q3 2025 Millet Prices:

• USA: USD 1,483/MT
• China: USD 918/MT
• Germany: USD 1,840/MT
• United Kingdom: USD 1,256/MT
• France: USD 1,316/MT

Prices in September 2025 reflected a mix of regional cost inflation, resilient end-user demand, and varying degrees of logistical strain in transport and trade networks.

Key Regional Price Trends and Market Drivers:

United States

Prices reached USD 1,483/MT during Q3 2025, marking a steady increase over the previous quarter. Demand from the health-food and specialty grain sectors remained strong, while higher fertilizer and fuel costs elevated production expenses. Export demand also improved, further tightening available domestic supply. Freight delays and rising inland transport charges contributed to delivered cost increases, while currency shifts made certain imports costlier for domestic processors.

China

Millet prices stood at USD 918/MT during Q3 2025, supported by continued consumer interest in gluten-free and nutrient-dense grains. Variable regional weather conditions and rising agricultural labor costs constrained yield efficiency. Import logistics faced minor delays, and modest increases in port and handling charges lifted transaction costs slightly. The yuan’s relative stability against the U.S. dollar limited volatility, ensuring gradual rather than abrupt price changes.

Germany

Prices reached USD 1,840/MT during Q3 2025, with firm demand from bakery, functional food, and organic product manufacturers. Higher certification and regulatory compliance costs, coupled with elevated energy expenses, sustained upward price pressure. Imports from non-EU suppliers faced added port handling and freight charges, while domestic logistics inflation further increased landed costs. Overall, millet retained premium pricing within Europe’s high-specification consumer market.

United Kingdom

Millet prices averaged USD 1,256/MT during Q3 2025, reflecting firm domestic demand and elevated logistics costs. Plant-based food manufacturers increased procurement as consumer preferences shifted toward ancient grains. Higher packaging and energy costs following Brexit-related trade adjustments raised expenses for importers. The pound’s depreciation against the dollar marginally lifted import bills, while port congestion and distribution costs added further upward pressure.

France

Prices settled at USD 1,316/MT in Q3 2025, slightly above the prior quarter. Demand for millet in premium and health-focused food categories continued to expand. Import-related costs rose with higher handling and inland transport charges, though the euro’s moderate strength provided partial relief against dollar-based trade costs. Regulatory compliance under EU food-safety standards maintained a steady structural cost burden for French processors and importers.

Q3 vs Q2:

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Millet Industry Overview:

The global millet market reached 30.43 Million Tons in 2025 and is projected to grow to 34.1 Million Tons by 2034, at a CAGR of 1.26% during 2026–2034. The expansion is underpinned by the rising consumption of nutrient-dense and gluten-free grains, along with supportive agricultural policies promoting climate-resilient crops. Governments and food producers are focusing on millet cultivation as part of sustainable farming and food security initiatives, given the crop’s low water requirements and adaptability to semi-arid conditions.

Increasing demand from functional food, beverage, and animal feed manufacturers continues to support long-term market stability. Millets’ nutritional advantages, including high fiber, magnesium, and protein content, are driving greater inclusion in bakery items, cereals, and plant-based foods across urban markets in Asia, Europe, and North America.

Key Market Trends and Analysis:

In Q3 2025, global millet prices reflected balanced market fundamentals with modest upward movement driven by resilient consumer demand and steady trade flows. The premiumization of millet-based products—ranging from breakfast cereals to fortified snacks—has expanded its market reach, particularly in developed economies. Rising health awareness and preferences for plant-based nutrition contributed to strong retail-level growth, even as raw grain supply remained adequate.

Agricultural production faced input cost challenges, primarily from fertilizer and energy price inflation. However, favorable weather in major growing zones helped maintain yield stability. Logistics and storage costs continued to play a role in shaping regional price differences, especially in import-dependent markets. On the processing front, advances in cleaning, milling, and packaging technology have supported higher-quality product outputs, improving competitiveness in export markets.

Strategic Forecasting and Analysis:

IMARC’s report incorporates forecasting models that project near-term price movements based on evolving trade policies, raw material supply, and technological trends. These tools enable businesses to mitigate risk, enhance sourcing strategies, and support long-term planning.

Key Features of the Report:

• Price Charts and Historical Data
• FOB and CIF Spot Pricing
• Regional Demand-Supply Assessments
• Port-Level Price Analysis
• Sector-Specific Demand and Supply Insights