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India Poultry Market Size to Grow at a CAGR of 8.1% in the Forecast Period of 2024-2032

11-08-2023 12:17 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Expert Market Research

India Poultry Market Size to Grow at a CAGR of 8.1% in the Forecast

According to a new report by Expert Market Research titled, "India Poultry Market Share, Size, Report and Forecast 2024-2032″, the India poultry market reached a value of USD 28.18 billion in 2023. Aided by the increasing demand for protein-rich food and growing awareness regarding health and wellness, the market is projected to further grow at a CAGR of 8.1% between 2024 and 2032 to reach a value of nearly USD 44.97 billion by 2032.

Poultry farming in India has always been an integral part of the agricultural system. Primarily seen as a source of eggs and meat, poultry is deeply rooted in India's food culture. Notably, with the rising urbanisation and changing dietary habits, chicken has become a staple in many households. In addition to being a rich protein source, poultry also offers essential vitamins and minerals, thereby playing a pivotal role in maintaining overall health.

The India poultry market growth can be attributed to the burgeoning demand for protein-rich food products. With escalating health consciousness among consumers and an increasing emphasis on balanced diets, there has been a noticeable tilt towards foods rich in protein. This shift is undeniably driving the poultry market, as poultry products, especially chicken, are often the primary non-vegetarian source of protein for a vast majority of the Indian populace.

Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/india-poultry-market/requestsample

The India poultry market trends suggest a rapid adoption of technologically advanced poultry farming methods in India. Modern infrastructure, automated feeding systems, and data-driven health management of poultry livestock have ushered in a new era of efficiency and productivity. These advancements not only ensure a consistent supply to meet the ever-growing demand but also promise better quality products.

Furthermore, the burgeoning quick-service restaurant (QSR) sector significantly fuels the market expansion. With international fast-food chains like KFC, McDonald's, and Domino's making entry into the Indian market, chicken-based dishes have seen an unprecedented rise in popularity. This, combined with domestic culinary innovations centring around poultry, continues to expand the India poultry market size.

In India, poultry plays a significant role in the Indian dietary and agricultural landscape. With technological advancements in farming and the ever-increasing demand driven by both individual consumption and the food and beverage sector, the India poultry market outlook looks promising.

Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/india-poultry-market

Market Segmentation

The India poultry market has been divided based on the segments, which are further explained in the report.

India Poultry Market Breakup by Segment

• Broiler
• Eggs

The India broiler market can be divided based on type, end-use, distribution channel, and states.

India Broiler Market Breakup by Type

• Live Broiler
• Processed

India Broiler Market Breakup by End-Use

• Food Service
• Household

India Broiler Market Breakup by Distribution Channel

• Traditional Retail Stores
• Business to Business
• Modern Retail Stores

India Broiler Market Breakup by States

• Maharashtra
• Tamil Nadu
• Andhra Pradesh
• Telangana
• Haryana
• West Bengal
• Karnataka
• Madhya Pradesh
• Uttar Pradesh
• Bihar
• Punjab
• Orissa
• Rajasthan
• Kerala
• Others

The India eggs market can be divided based on end-use, distribution channel, and states

India Eggs Market Breakup by End Use

• Retail
• Institutional

India Eggs Market Breakup by Distribution Channel

• Business to Business
• Modern Retail Stores
• Traditional Retail Stores

India Eggs Market Breakup by States

• Maharashtra
• Tamil Nadu
• Andhra Pradesh
• Telangana
• Haryana
• West Bengal
• Karnataka
• Madhya Pradesh
• Uttar Pradesh
• Bihar
• Punjab
• Orissa
• Rajasthan
• Kerala
• Others

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the India poultry market. Some of the major players explored in the report by Expert Market Research are as follows:

• IB Group
• Suguna Foods Private Limited
• Skylark Hatcheries Pvt. Ltd
• Venky's (India) Limited
• Srinivasa Farms
• Bharati Poultry Pvt. Limited
• RM Hatcheries
• The KEGGFARMS
• AMD integrated Farms
• Kadkanath Agro World
• Others

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Coffee Market: https://www.expertmarketresearch.com/reports/coffee-market

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Company Name: Claight Corporation
Contact Person: John Walker, Corporate Sales Specialist - U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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