Millets, a group of small-seeded grasses, are essential crops cultivated for their resilience and ability to thrive in arid regions where other crops often fail. Globally, millets are predominantly grown in Asia and Africa, with India being the largest producer, contributing over 40% of the world's millet production. This review article employs a comprehensive and systematic approach to analyze the economic aspects of millet production and marketing, focusing on value chain analysis. The methodology involves a thorough examination of existing literature, including peer-reviewed journal articles, research reports, and relevant books published over the last two decades. The review process is guided by a conceptual framework that outlines key components such as production, productivity, market dynamics, marketing strategies, marketing channels, and price spread. The literature search and selection involve systematic searches of academic databases using relevant keywords, with a focus on studies published within the last 20 years and those addressing the specified value chain components. Relevant data is extracted and categorized according to the framework, allowing for the identification of patterns, trends, and gaps in the existing literature. This analysis provides insights into the current state of the millet value chain, highlights challenges and opportunities, and suggests strategies for improving its efficiency and sustainability. The findings aim to inform policymakers, researchers, and practitioners about the economic viability of millet production and marketing, promoting millets as a sustainable and nutritious food source globally.