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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
India Poultry Market Share
By end-uses, households are the leading segment for eggs, while food services represent the leading end-use segment for broilers due to the increased consumption of eggs in breakfast at homes and growing trend of dining-out, respectively, aiding the growth of the India poultry industry. Based on distribution channels, the India poultry market has been divided into traditional retail stores, business-to-business, and modern retail stores. Among these, traditional retail stores remain the most preferred choice of consumers, and, thus, the segment accounts for the largest share for both eggs and broilers in the industry. The reason for the growth of the segment is the increased consumer demand for freshly slaughtered chicken available at these stores.
India Poultry Market Report Snapshots
India Poultry 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 market attained a value of nearly USD 30.46 billion.
The market is projected to grow at a CAGR of 8.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 61.41 billion by 2032.
The major drivers of the industry, such as the rising disposable incomes, growing food services market, increasing population, growing consumption of baked products, rising health awareness, the increasing intake of protein-based foods, and developing distribution networks are expected to aid the market growth.
The key market trends guiding the growth of the poultry market include the growing utilisation of online food delivery channels for food ordering.
The major states in the market are Maharashtra, Tamil Nadu, Andhra Pradesh, Telangana, Haryana, West Bengal, Karnataka, Madhya Pradesh, Uttar Pradesh, Bihar, Punjab, Rajasthan, Orissa, and Kerala, among others.
Eggs and broiler are the major poultry segments in the industry.
By end-uses, households are the leading segment for eggs, while food services represent the leading end-use segment for broilers.
The traditional retail stores segment is the leading distribution channel for both eggs and broilers in the overall industry.
The major players in the industry are 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, and Kadkanath Agro World, among others.
Suguna Foods is one of the largest producers of poultry in country.
Suguna Foods is one of the leading poultry farmers in India.
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