India Poultry Market Report and Forecast 2022-2027

India Poultry Market Report 2022-2027

Market Outlook

According to Expert Market Research’s latest report, ‘India Poultry Market Report and Forecast 2022-2027’, the India poultry market attained a value of about INR 1,749.9 billion in 2021. Aided by rising demand for protein rich diets, the market is projected to further grow at a CAGR of 8.1% between 2022 and 2027 to reach a value of nearly INR 2,897.6 billion by 2027.

Poultry refers to raising birds like ducks, turkeys, chickens and geese for their eggs and meat at domestic or commercial levels. Poultry-based products are a rich source of proteins and nutrients like zinc, iron, and iodine, among others, which are essential for the growth and development of the body. Meat and eggs are distributed to the market for food service or personal consumption through distribution channels such as traditional retail stores, business to business, or modern retail stores. With the development of online grocery stores in India such as Grofers, Amazon Fresh, and Big Basket, among others, poultry products are also available via online retail channels. Therefore, the rising availability of poultry products is aiding the market growth in India.

The Indian market for poultry is being driven by evolving consumer tastes on account of rising incomes and the growing focus on healthy food items. Poultry products like eggs and meat are rich sources of protein which is essential for the body. In recent years, the rising focus on physical health has favoured the market growth of poultry products in the region. In addition to this, eggs are used as active ingredients in many bakery products, and the rising demand for cakes and pastries is pushing the growth of the market. The market growth can further be associated with the growing adoption of poultry animals in rural households which are engaged in providing meat products and eggs to the markets. The growing awareness regarding advanced poultry farming techniques and animal welfare is providing impetus to the overall growth of the market. Hence, such factors are positively impacting the growth of the market.

Market Segmentation

The market report by Expert Market Research analyses the market based on segmentations such as segment, end use, distribution channel and major state.

Market Bifurcation by Segment

• Broiler
• Eggs

Broiler Market Division by End Use

• Food Service
• Household

Broiler and Eggs Market Classification by Distribution Channels

• Traditional Retail Stores
• Business to Business
• Modern Retail Stores

Eggs Market Categorisation by End Use

• Retail
• Institutional

Market Breakup by States

• Maharashtra
• Tamil Nadu
• Andhra Pradesh
• Telangana
• Haryana
• West Bengal
• Uttar Pradesh
• Others

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the key players in the industry. Some of the major players in the market explored in the Expert Market Research report are:

• Suguna Foods Private Limited
• IB Group
• Skylark Hatcheries Pvt. Ltd
• Venky’s (India) Limited
• RM Group
• Bharati Poultry Pvt. Limited
• Others

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.