India Poultry Market Trends 2024, Industry Growth, Forecast Report By 2032

The latest report by IMARC Group, titled “India Poultry Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,“ offers a comprehensive analysis of the industry, which comprises insights into the India poultry market growth. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The India poultry market size reached INR 2,099.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach INR 4,620.7 Billion by 2032, exhibiting a growth rate (CAGR) of 8.9% during 2024-2032.

India Poultry Market Overview:

India's poultry market revolves around the breeding, raising, and processing of various types of birds such as chickens, ducks, and turkeys, primarily for meat and eggs. These poultry products are integral to the dietary preferences across the region, offering a high protein source that is more economical than many other types of meat. The efficient feed-to-meat conversion ratio of poultry, particularly chickens, makes it a sustainable choice for rapid production. This industry utilizes advanced breeding techniques and nutritional science to enhance the growth rate and health of the birds, ensuring high-quality meat and egg output. Poultry also demonstrates a lower carbon footprint compared to other livestock, which aligns with increasing environmental sustainability concerns.

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India Poultry Market Trends:

The market in India is primarily driven by the growing population and the increasing protein consumption needs of this demographic. In line with this, the rising disposable incomes among the middle class are also providing an impetus to the market as more consumers can afford to include meat in their diet. Moreover, the cultural acceptance of poultry as a major protein source is acting as a significant growth-inducing factor. In addition to this, government initiatives aimed at expanding poultry production through subsidies and training programs are enhancing the sector’s output. Besides this, advancements in poultry farming technology, which improve the efficiency of production and bird health, are creating lucrative opportunities in the market. Also, the expanding organized retail sector is impacting the market positively by making poultry products more accessible to consumers. The market is further driven by increased health awareness among consumers, who are seeking high-quality protein sources. Apart from this, the integration of poultry farming with digital tools for better management practices is propelling the market. Some of the other factors contributing to the market include ongoing urbanization, which is changing dietary habits, a shift towards protein-rich diets, and significant investments in the food processing sector.

Competitive Landscape:

The report has provided a comprehensive analysis of the competitive landscape in the market.

• Bharati Poultry Pvt. Limited
• IB Group
• Mulpuri Group
• RM Group
• Simran Farms Limited
• Skylark Hatcheries Pvt. Ltd.
• Sneha Group Srinivasa Farms Private Limited
• Suguna Foods Private Limited
• VH Group

India Poultry Market Segmentation:

Breakup by End Use:

• Food Services
• Households

Breakup by Distribution Channel:

• Traditional Retail Stores
• Business to Business (B2B)
• Modern Retail Stores

Breakup by States:

•  Maharashtra
•  Haryana
•  West Bengal
•  Tamil Nadu
•  Andhra Pradesh
•  Uttar Pradesh
•  Telangana
•  Kerala
•  Karnataka
•  Punjab
•  Orissa
•  Bihar
•  Madhya Pradesh
•  Gujarat
•  Rajasthan
•  Others

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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