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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Indian Animal Feed Market Analysis
The Indian animal feed market is driven by the rising dairy industry, backed by the White Revolution 2.0, which has resulted in the rapid growth of the cattle population. Currently, India has the largest cattle population in the world, thereby becoming a significant market for cattle feed. The demand for commercial cattle feed is projected to increase in India, as the dairy industry structure is becoming more organized. In addition to this, the government is also planning to launch schemes and policies under the 12th Five Year Plan, which are aimed at improving the overall status of the animal feed industry to provide for future demand.
The market is further aided by the emergence of non-traditional feed ingredients and technological advancements as well as innovations, such as the creation of genetically modified animal feed ingredients. The market is finding obstruction due to frequent disease outbreaks and high import duties on feed ingredients.
Indian Animal Feed Market Report Snapshots
Indian Animal Feed Market Size
Indian Animal Feed Market 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
The Indian animal feed market reached a value of USD 14.34 billion in 2023.
The market is projected to grow at a CAGR of nearly 3.9% in the forecast period of 2024-2032.
The market is estimated to reach a value of about USD 20.28 billion by 2032.
The major drivers of the industry include rising disposable incomes, increasing population, increasing livestock population, and the rising dairy industry.
The rising support from the government is expected to be a key trend guiding the growth of the market.
North Region, East and Central Region, West Region, and South Region are the leading regions in the market.
Poultry feed is the dominant product type in the market.
The various forms of animal feed in India include pellets, crumbles, and mash, among others.
The leading players in the market are Cargill, Incorporated, Suguna Foods Private Limited, Japfa Comfeeds India Pvt. Ltd., Nouriture, Godrej Agrovet Limited (GAVL), SKM Animal Feeds & Foods (India) Private Limited, Kapila Agro Group, KSE Limited, Avanti Feeds Limited, Uno Feeds, Growel Feeds Pvt. Ltd., and The Waterbase Limited, 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
+61-448-061-727
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.
+63-287-899-028, +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
+84-865-399-124