Burkina Faso Millets Market Overview, 2028

In 2022, Burkina Faso produced an estimated 2.2 million metric tons of millet, making it the second largest producer of millet in West Africa. Pearl millet is a staple food crop in Burkina Faso that is widely grown in the Sahelian and Sudano-Sahelian zones, characterized by poor soil conditions and erratic rainfall, and high temperatures. The majority of millet produced in Burkina Faso is consumed domestically, but a small amount is exported to neighboring countries. On 23 February 2022, the Government of Burkina Faso announced a ban on exports of millet, maize and sorghum flours. The retail price of millet in Burkina Faso varies depending on the region, but it typically ranges from CFA 400 to CFA 500 per kilogram. ICRISAT’s Pearl Millet Breeding program for West and Central Africa developed Nafagnon in Niger and the institute for the environment and agricultural research but evaluated it in Burkina Faso. Approved the commercial use of its first pearl millet hybrid in 2021. The consumption of pearl millet in Burkina Faso is high across the country, but it is particularly high in the northern and central regions. These regions are more arid and have less fertile soil, which makes them better suited to the cultivation of pearl millet. Additionally, the people in these regions have a long history of consuming pearl millet, and they have developed a number of traditional dishes that use the crop. In Burkina Faso the regions having higher consumption of millets includes Sahel, Centre-Nord, and Plateau-Central. According to the research report “Burkina Faso Millets Market Overview, 2028," published by Bonafide Research, the Burkina Faso Millets market is expected to add USD 107.71 Million from 2023 to 2028. The consumption of millet in Burkina Faso is influenced by several factors, including its availability, affordability, and cultural preferences. Although it may look like a seed, the nutritional profile of millet is similar to that of sorghum and other grains. Millet has gained popularity in the Burkina Faso because it is gluten-free and high in protein, fiber, and antioxidants. Pearl millet is the most widely consumed type of millet in Burkina Faso. The main reason why pearl millet is more popular than other types of millet in Burkina Faso is because it is a drought-tolerant crop. This makes it suitable for cultivation in dry areas, which are common in Burkina Faso. Where as in the upcoming years other types of millets (Kodo millet, proso millet, barnyard millet) is anticipated to show growth. The consumption of conventional millets was generally more prevalent than organic millets, primarily due to factors such as availability, affordability, and market accessibility. Conventional millets are commonly found in regular grocery stores and markets, whereas organic millets might be limited to specialty stores or niche markets, making them less accessible to the broader population. When compared to their use in breakfast, drinks, baked goods, and direct consumption, ready-to-eat (RTE) millets are more frequently consumed. This is due to the fact that RTE millets are convenient and simple to cook, making them a popular option for individuals who are working. Millets are mostly available in traditional stores in Burkina Faso as compared to other distributional channels. This is because traditional stores are more common in Burkina Faso than other types of stores, and they are also more trusted by consumers. The distribution of millets in Burkina Faso is expected to change in the future. As more people become aware of the health benefits of millet, there will be an increase in demand for millet. This will lead to an increase in the number of distribution channels for millet, including online retailers, supermarkets, and hypermarkets. The COVID-19 pandemic has had a significant impact on the millet market in Burkina Faso. The pandemic has led to a number of challenges for the millet market, including decreased demand, increased prices, and challenges in transportation. Considered in this report • Geography: Burkina Faso • Base year: 2017 • Estimated year: 2022 • Forecast year: 2028

Aspects covered in this report • The Burkina Faso millets market, with its value and forecast, along with its segments • Various drivers and challenges • Ongoing trends and developments • Top-profiled companies • Strategic suggestion By Product Type in the report • Pearl Millet • Foxtail Millet • Sorghum • Finger Millet • Others(Kodo millet, proso millet, barnyard millet) By Nature in the report • Conventional Millets • Organic Millets By Application in the report • Ready to eat food • Bakery • Beverages • Breakfast • Direct Consumption By Distribution Channel in the report • Traditional Grocery Stores • Trade Associations & organizations • Supermarkets • Online Stores • Others Specialty Stores The approach of the report This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analyzing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then performing trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience This report can be helpful to industry consultants, manufacturers, suppliers, associations & organizations related to Chocolate Industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.