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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
India Poultry Feed Market Analysis by Region
Northern region leads the market due to the presence of many poultry farms
The Northern region of India holds a dominant position in the market, driven by its vast and fertile land conducive to the production of essential feed ingredients like corn and soya. This region is home to a significant number of poultry farms, which solidifies its position in the India poultry feed market share.
Additionally, with a diverse agricultural landscape and a thriving poultry sector, the South region is also a key contributor to poultry feed manufacturing and distribution. The region also benefits from a favorable climate and access to quality feed ingredients, which supports the development of high-quality poultry feeds.
India Poultry Feed Market Report Snapshots
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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Key Questions Answered in the Report
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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