Sa. Aug 17th, 2024

Growing demand for poultry products and emergence of online poultry feed sales platforms is expected to drive the India Poultry Feed Market growth in the forecast period, 2026-2030.

According to TechSci Research report, “India Poultry Feed Market -By Region,  Competition Forecast & Opportunities, 2030”, the India Poultry Feed Market stood at USD 3.27 Billion in 2024 and is anticipated to grow with a CAGR of 6.21% in the forecast period, 2026-2030. The Indian Poultry Feed Market is driven by several key factors. Primarily, the growth of the poultry industry in India due to increasing consumption of poultry products is fueling the demand for poultry feed. Additionally, government initiatives to improve poultry production and the adoption of advanced farming practices contribute significantly.

The increasing awareness about the health benefits of protein-rich diet and subsequent demand for quality poultry products also play a vital role. The rise in income levels and urbanization are influencing dietary preferences towards poultry products, further driving the market.

The Indian Poultry Feed Market is currently witnessing robust growth, propelled by the thriving poultry industry in the country and the escalating demand for animal protein. This growth can be attributed to several factors, including the rising consumption of poultry meat and eggs, indicating a shift in dietary preferences towards a more protein-rich diet. As the population continues to grow, the demand for poultry products is expected to rise further, driving the expansion of the market in the years to come.

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In addition to the increasing demand, advancements in feed additive technology have played a significant role in the development of the Indian Poultry Feed Market. The adoption of integrated poultry farming practices has also contributed to the sector’s growth by improving efficiency and optimizing production. These practices involve the integration of various aspects of poultry farming, such as breeding, feeding, and disease management, to ensure better outcomes and higher profitability for farmers.

Despite the positive outlook, it is important to note that the market landscape remains highly competitive. Key players in the industry are consistently investing in research and development initiatives to enhance feed quality and improve productivity. These investments are aimed at meeting the evolving needs of poultry farmers and ensuring optimal nutrition for the growing poultry population. By focusing on innovation and sustainability, these players are not only driving future growth but also shaping the trajectory of the Indian Poultry Feed Market.

The Indian Poultry Feed Market is experiencing a period of rapid expansion, driven by various factors including the thriving poultry industry, increasing demand for animal protein, advancements in feed additive technology, and the adoption of integrated poultry farming practices. As the market continues to evolve, the industry’s commitment to innovation and sustainability will play a crucial role in shaping its future growth and development. With a focus on continuous improvement and meeting the evolving needs of consumers, the Indian Poultry Feed Market is poised for even greater success in the coming years.

The India Poultry Feed Market is segmented into nature, form, additives, animal type, distribution channel, regional distribution, and company.

Based on additives, the most prominent additive dominating the India poultry feed market is Vitamins. These essential micronutrients play a critical role in maintaining the overall health and productivity of poultry. Vitamins constitute a significant part of the poultry diet, supporting various functions in the birds’ bodies. They not only enhance the immunity of the birds, reducing the likelihood of disease outbreaks, but also contribute to improving the quality of the meat and eggs produced. By providing the necessary vitamins, poultry farmers in India can ensure that their flocks receive optimal nutrition, promoting better growth, development, and overall well-being. The demand for vitamin additives continues to soar among poultry farmers in India, cementing their dominant position in the market as an indispensable component of poultry nutrition management.

Moreover, vitamins have specific roles in the poultry’s body. For instance, Vitamin A is crucial for maintaining healthy vision, while Vitamin D supports calcium absorption, aiding in the development of strong bones and eggshell quality. Vitamin E acts as an antioxidant, protecting the birds’ cells from damage, and Vitamin K ensures proper blood clotting. The B vitamins, such as B12 and biotin, contribute to energy metabolism, feather quality, and skin health. In addition to their physiological benefits, the vitamins added to poultry feed also have economic advantages. Improved bird health and immunity translate to lower mortality rates, reducing the financial losses for poultry farmers. Furthermore, the enhanced quality of meat and eggs fetches higher prices in the market, leading to better profitability. Therefore, the inclusion of vitamins as additives in poultry feed is not just a mere choice but a necessity for sustainable poultry production. As the Indian poultry industry continues to grow, the demand for vitamin additives is expected to rise, further solidifying their crucial role in ensuring the health and productivity of poultry flocks across the country.

Based on region, in the Indian Poultry Feed Market, the northern region of India, particularly the states of Punjab and Haryana, holds a prominent position. These states have emerged as leaders in this market owing to their robust poultry farming activities, well-established supply chains, and abundant availability of high-quality raw materials for feed production. The strategic geographical location, favorable climate conditions, and proactive government support have further contributed to the growth and dominance of these regions in the Indian poultry feed industry.

Major companies operating in India Poultry Feed Market are:

  • Amrit Feeds Limited
  • Ayurvet Limited
  • Godrej Agrovet Limited
  • Henraajh Feeds India Private Limited
  • Hindustan Animal Feeds
  • JAPFA Comfeed India Private Limited
  • Maharashtra Feeds Private Limited
  • Suguna Foods Private Limited
  • SKM Animal Feeds and Foods (India) Limited

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“The future of the Indian poultry feed market appears promising, driven by rapid urbanization, a growing middle-class population, increasing health consciousness, and a shift in dietary patterns favoring higher protein consumption. Furthermore, the modernization of poultry farming practices and rising awareness of the benefits of quality feed in improving poultry productivity are also set to contribute to the market’s growth. Government initiatives to promote the poultry sector, such as subsidized loans for poultry farming, along with the implementation of GST, which has simplified the taxation system, are expected to streamline operations and reduce costs for poultry feed manufacturers.

Additionally, the introduction of customized and specialized feed products, fortified with nutrients, to cater to the specific needs of different poultry types (layers, broilers, etc.) is anticipated to open up new avenues for market expansion. Technological advancements in feed production and supply chain management will also play a crucial role in shaping the future of the market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

India Poultry Feed Market By Nature (Conventional, Organic), By Form (Mashed, Pellets, Crumbles, and Others), By Additives (Antibiotics, Vitamins, Antioxidants, Amino Acid, Feed Enzymes, Feed Acidifiers, and Others), By Animal Type (Layers, Broilers, Turkey, and Others), By Distribution Channel (Offline, Online), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of India Poultry Feed Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Poultry Feed Market.

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Lisa Tate

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