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Conventional poultry feed is the most popular due to its lower cost compared to organic variants
Conventional poultry feed currently dominates the market due to its lower cost compared to organic feed, making it more accessible to most poultry farmers who often operate on tight budgets. Conventional feed is formulated using a mix of grains, protein sources, fats, minerals, vitamins, and additives to meet the growing demand for poultry products in India.
On the other hand, the organic poultry feed is gradually gaining traction as consumers become more aware of the benefits associated with organic produce. As per India poultry feed market analysis, organic farming practices promote better environmental sustainability and ensure improved animal welfare. Organic feed is formulated using natural ingredients and avoids synthetic additives like antibiotics and chemicals. However, this segment currently accounts for a smaller share due to its higher cost.
Broilers holds a significant market share due to their large scale of production and health benefits
Broilers are the most common type of poultry feed and account for the significant portion of the market due to their shorter production cycles. This type of chicken is bred with the sole purpose of meat production. The low muscle and high fat content makes their meat tender and is preferred by many. Moreover, it is cheaper, versatile and provides more health benefits than others. Increasing consumer demands for affordable poultry meat has increased their consumption exponentially.
According to India poultry feed market report, layer poultry feed is another important segment, designed to support the egg-laying capabilities of hens. As consumer preferences shift towards protein-rich diets, the demand for eggs has increased as they typically contain higher levels of calcium and other minerals to support strong eggshells. They also provide balanced protein and energy levels to maintain hen health and productivity.
Feed acidifiers are witnessing high adoption as additives, driven by their gut healing properties
Feed acidifiers hold the largest India poultry feed market share as they aid in improving the overall health of poultry, leading to improved quality and yield of the produce. They are available in both inorganic and organic forms, as well as associated salts. Feed acidifiers help lower the pH of the feed, improving gut health and inhibiting pathogenic intestinal microbes.
Antioxidants are projected to be the fastest-growing segment in the Indian feed additives market. They are increasingly used to extend the shelf life of animal feeds and protect against oxidative damage. Probiotics, on the other hand, are live microbial feed supplements that promote a healthy gut microbiome in poultry, helping maintain intestinal integrity, enhance immune function, and improve nutrient utilisation in birds.
The rising demand for meat and meat products, along with growing awareness of the benefits of using these feed additives in poultry diets, is expected to drive the growth of these segments in the market.
India Poultry Feed Market Size
India Poultry Feed Market Growth
India Poultry Feed Market Trends
India Poultry Feed Market Share
India Poultry Feed Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the India poultry feed market reached a value of approximately USD 20,566.9 million in 2023.
The market is expected to grow at a CAGR of 7.29% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 31,489.4 million by 2032.
The major drivers of the market include rising focus on protein-rich food, growing popularity of rural backyard poultry systems, and rising consumption of meat.
Key trends aiding market expansion include the government initiatives, rising knowledge regarding the nutritional benefits of poultry meats, and introduction of novel products by key players.
Regions considered in the market are North, South, East and Central, and West.
The various types of concentrate available in the market are 5% and 7.5%, and 10% and 25%, among others.
The primary natures of feed in the market are organic and conventional.
Some of the commonly used ingredients in poultry feed are cereal grains, cereal by-products, protein meals, fats and oils, raw ingredients such as roots and tubers, vitamins, minerals, and feed additives.
Key players in the market are Godrej Agrovet Limited (GAVL), Suguna Foods Private Limited., Japfa Comfeed India Private Limited, Henraajh Feeds India Pvt. Ltd., Maharashtra Feeds Pvt Ltd., Sneha Group, Anmol Feeds Pvt. Ltd., IB Group, and Skylark Feeds Pvt. Ltd., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124