Press release
Beyond 2023: A Look into the Future of the India Poultry Feed Market, with Forecasts to 2028
India Poultry Feed Market Report 2023
Report Highlights
How big is the India poultry feed market?
The India poultry feed market reached a value of INR 857 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of INR 1,124 Billion by 2028, exhibiting a CAGR of 4.0% during 2023-2028.
What is poultry feed?
Poultry feed is a prepared for different birds, such as chickens, ducks, geese, quails, and turkeys. It is made by blending various ingredients, such as grains, oilseeds, fish, and supplements, in a specific ratio to meet the nutritional requirements of the birds. It provides essential nutrients like water, proteins, carbohydrates, fats, vitamins, minerals, and other supplements to support the health and growth of the birds. It promotes weight gain, boosts immunity, minimizes stress, alleviates digestive issues, strengthens bones, and prevents diseases in birds. At present, poultry feed is gaining popularity among farmers for the health and well-being of poultry animals and the production of high-quality end products, such as meat and eggs.
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What are the growth prospects and trends in the India poultry feed industry?
Changing dietary patterns and rising consumption of poultry-based products, such as eggs and meat, due to their numerous health benefits on hair, skin, and the immune system represents one of the key factors positively influencing the market in India. In addition, the easy availability of poultry-based dishes, such as chicken biryani, roast duck, turkey burger, egg salad, stews, prosciutto, risotto, and grilled quail, in restaurants is strengthening the market growth in the country. Apart from this, favorable initiatives by the Government of India (GOI) to boost poultry production, establish poultry feed plants, and promote rural poultry entrepreneurship through financial incentives are creating a favorable market outlook. Furthermore, the rising awareness among poultry farmers about the importance of high-quality feed and the increasing affordability of poultry feed are stimulating the growth of the market in the country.
What is included in market segmentation?
The report has segmented the market into the following categories:
Regional Insights:
Maharashtra
Tamil Nadu
Uttar Pradesh
Gujarat
Karnataka
West Bengal
Rajasthan
Andhra Pradesh
Telangana
Madhya Pradesh
Delhi NCR
Punjab
Haryana
Others
Nature Insights:
Conventional and Organic
Form Insights:
Mashed
Pellets
Crumbles
Others
Additives Insights:
Antibiotics
Vitamins
Antioxidants
Amino acid
Feed enzymes
Feed acidifiers
Others
Animal Type Insights:
Layers
Broilers
Turkey
Others
Distribution Channel Insights:
Offline
Online
What is included in market segmentation?
The report has segmented the market into the following categories:
Alltech
Ayurvet Limited
Godrej Agrovet Limited
Henraajh Feeds India Private Limited
Hindustan Animal Feeds
JAPFA Comfeed India Private Limited
Maharashtra Feeds Pvt.Ltd.
Protinex Advance Feed Industries
SKM Animal Feeds
Foods (India) Ltd.
Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=6884&flag=C
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
Contact US
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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