India Compound Feed Market- Trend Analysis & Forecasts
Description
India Compound Feed Market Overview:
India’s compound feed market was US$ ** billion in 2023 with output of ** million tonnes, expanding at 6.4% CAGR (2018–2023) as commercial livestock operations scaled up; balanced rations blending grains, oilseed meals, and additives now underpin productivity across poultry, dairy, and aquaculture, with modernization, policy support, and export prospects setting up steady growth toward 2030.
Primary Areas/ Elements of Research & Analysis
The report provides comprehensive and valuable insights into the supply and demand dynamics of the India compound feed market. Below are the variables considered and analyzed in the report:
• Supply-demand trends, market growth, and trade
• Market structure, conduct, and performance analysis
• Historical and forecasted market size (volume & value)
• Trade analysis (export & import), including key partners, quantities, values, and price trends
• Supply chain mapping, pricing, and regulatory framework
• Competitive landscape profiling of key players
• Factors influencing market performance, including sustainability trends
Market Growth Factors
Demand is lifted by rising consumption of meat, milk, and eggs, accelerating the shift from traditional feeding to formulated diets; commercial farms’ focus on feed efficiency, disease control, and higher yields is spurring precision formulations, while technology upgrades in processing, better distribution, and government programs for animal husbandry widen access to quality feed nationwide.
Market Restraints & Challenges
Volatile prices and episodic shortages of maize and soybean meal raise production costs and farmer outlays; import dependence for inputs like soybean meal and fishmeal exposes margins to global swings, while rural logistics gaps, cold‐chain limits, and uneven quality control slow penetration among smallholders who still rely on low-cost traditional feeds.
Market Segmentation
Production is led by poultry feed, followed by dairy and aquaculture, with formulations built on maize (energy), soybean meal (protein), and region-specific cakes (e.g., rapeseed, cottonseed), plus vitamins/minerals for performance; consumption has broadened with commercial farm expansion and tailored rations by species, growth stage, and productivity goals.
Competitive Landscape
A mixed field of domestic and global firms—Godrej Agrovet, Cargill, Suguna, Avanti, De Heus, Japfa, SKM, Kerala Feeds and others—compete on nutritional innovation, pricing, and reach, while partnerships and M&A extend capabilities; India exported US$ 288.37 million of compound feeds in 2023–24, with Bangladesh, Vietnam, Nepal, Norway, and Saudi Arabia as key destinations.
Outlook
Through 2030, steady growth is expected as livestock herds expand, protein-rich diets rise, and sustainable, customized formulations scale; resolving raw-material volatility, tightening standards, and investing in storage, transport, and processing will be pivotal to cost stability and export competitiveness, positioning India as a stronger regional hub for compound feed.
Scope of the Report:
• Historical Years: 2018-2022
• Base Year: 2023
• Forecast Period: 2024-2030
• Units: Value (US$ Million) and Volume (Thousand Tonnes)
• Segments Covered:
By Type (Poultry (Chicken & Layer), Cattle (Dairy & Beef), Swine, Aquaculture, and Others)
By Sales (Domestic Consumption and Exports)
• Companies Profiled: The market players include, Godrej Agrovet Ltd., Cargill India Pvt. Ltd., Suguna Foods Pvt. Ltd., Amrit Feeds Ltd., Avanti Feeds Ltd., Japfa Comfeed India Pvt. Ltd., Anmol Feeds Pvt. Ltd., Venkateshwara Hatcheries Pvt. Ltd., KSE Ltd., SKM Animal Feeds and Foods Ltd., Kerala Feeds Ltd., Sonipat Cattle Feed Industries, Champaran Cattle Feed Pvt. Ltd., Growel Feeds Pvt. Ltd., De Heus India Pvt. Ltd., and Others.
Please note: It will take 4-5 business days to deliver the report upon receipt the order.
India’s compound feed market was US$ ** billion in 2023 with output of ** million tonnes, expanding at 6.4% CAGR (2018–2023) as commercial livestock operations scaled up; balanced rations blending grains, oilseed meals, and additives now underpin productivity across poultry, dairy, and aquaculture, with modernization, policy support, and export prospects setting up steady growth toward 2030.
Primary Areas/ Elements of Research & Analysis
The report provides comprehensive and valuable insights into the supply and demand dynamics of the India compound feed market. Below are the variables considered and analyzed in the report:
• Supply-demand trends, market growth, and trade
• Market structure, conduct, and performance analysis
• Historical and forecasted market size (volume & value)
• Trade analysis (export & import), including key partners, quantities, values, and price trends
• Supply chain mapping, pricing, and regulatory framework
• Competitive landscape profiling of key players
• Factors influencing market performance, including sustainability trends
Market Growth Factors
Demand is lifted by rising consumption of meat, milk, and eggs, accelerating the shift from traditional feeding to formulated diets; commercial farms’ focus on feed efficiency, disease control, and higher yields is spurring precision formulations, while technology upgrades in processing, better distribution, and government programs for animal husbandry widen access to quality feed nationwide.
Market Restraints & Challenges
Volatile prices and episodic shortages of maize and soybean meal raise production costs and farmer outlays; import dependence for inputs like soybean meal and fishmeal exposes margins to global swings, while rural logistics gaps, cold‐chain limits, and uneven quality control slow penetration among smallholders who still rely on low-cost traditional feeds.
Market Segmentation
Production is led by poultry feed, followed by dairy and aquaculture, with formulations built on maize (energy), soybean meal (protein), and region-specific cakes (e.g., rapeseed, cottonseed), plus vitamins/minerals for performance; consumption has broadened with commercial farm expansion and tailored rations by species, growth stage, and productivity goals.
Competitive Landscape
A mixed field of domestic and global firms—Godrej Agrovet, Cargill, Suguna, Avanti, De Heus, Japfa, SKM, Kerala Feeds and others—compete on nutritional innovation, pricing, and reach, while partnerships and M&A extend capabilities; India exported US$ 288.37 million of compound feeds in 2023–24, with Bangladesh, Vietnam, Nepal, Norway, and Saudi Arabia as key destinations.
Outlook
Through 2030, steady growth is expected as livestock herds expand, protein-rich diets rise, and sustainable, customized formulations scale; resolving raw-material volatility, tightening standards, and investing in storage, transport, and processing will be pivotal to cost stability and export competitiveness, positioning India as a stronger regional hub for compound feed.
Scope of the Report:
• Historical Years: 2018-2022
• Base Year: 2023
• Forecast Period: 2024-2030
• Units: Value (US$ Million) and Volume (Thousand Tonnes)
• Segments Covered:
By Type (Poultry (Chicken & Layer), Cattle (Dairy & Beef), Swine, Aquaculture, and Others)
By Sales (Domestic Consumption and Exports)
• Companies Profiled: The market players include, Godrej Agrovet Ltd., Cargill India Pvt. Ltd., Suguna Foods Pvt. Ltd., Amrit Feeds Ltd., Avanti Feeds Ltd., Japfa Comfeed India Pvt. Ltd., Anmol Feeds Pvt. Ltd., Venkateshwara Hatcheries Pvt. Ltd., KSE Ltd., SKM Animal Feeds and Foods Ltd., Kerala Feeds Ltd., Sonipat Cattle Feed Industries, Champaran Cattle Feed Pvt. Ltd., Growel Feeds Pvt. Ltd., De Heus India Pvt. Ltd., and Others.
Please note: It will take 4-5 business days to deliver the report upon receipt the order.
Table of Contents
158 Pages
- 1. Executive Summary
- 2. Introduction
- 2.1. Objectives & Scope of the Study
- 2.2. Definitions & Economic Importance
- 2.3. Research Methodology
- 2.4. Factors and Decision Matrix Analysis
- 2.5. Limitations & Challenges
- 3. Product/ Market Overview
- 3.1. Evolution/ Origin & Geographic/ Agronomic Suitability
- 3.2. Compound Feed Feedstocks Availability
- 3.3. Processing & Grading
- 3.4. Compound Feed Uses & Application Areas
- 3.5. Regulatory Analysis
- 4. India: Country Profile
- 5. India Compound Feed Market Growth Factors Analysis
- 5.1. Drivers and Restraints Analysis
- 5.2. Challenges and Opportunities Analysis
- 5.3. India Compound Feed Industry SWOT Analysis
- 5.4. India Compound Feed Market PESTEL Analysis
- 5.5. India Compound Feed Market Porter's Five Forces analysis
- 6. India Compound Feed Market: Supply Analysis
- 6.1. India Compound Feed Production Analysis
- 6.2. India Compound Feed Production, by Type
- 7. India Compound Feed Market: Demand Analysis
- 7.1. Domestic Consumption
- 7.2. Export Demand
- 7.3. Compound Feed Supply Chain Analysis
- 7.4. Compound Feed Product Variants
- 8. India Compound Feed Market, Segmentation Analysis
- 8.1. India Compound Feed Market, by Type
- 8.1.1. Poultry
- 8.1.2. Cattle
- 8.1.3. Swine
- 8.1.4. Aquafeed
- 8.1.5. Others
- 8.2. India Compound Feed Market, Sales Type
- 8.2.1. Domestic Sales
- 8.2.2. Export Demand
- 9. India Compound Feed Market: Trade (Export & Import) Analysis
- 9.1. Compound Feed Export Trend Analysis
- 9.2. Top 10 Export Destinations of India Compound Feed
- 9.3. Compound Feed Import Trend Analysis
- 9.4. Top 10 Import Origins of India Compound Feed
- 10. India Compound Feed Market: Price Trend Analysis
- 10.1. Domestic Price Trend
- 10.2. Export Price Trend
- 10.3. Price Seasonality & Price Pattern Analysis
- 10.4. Price Events Analysis
- 11. Competitive Analysis
- 11.1. India Compound Feed Market Mapping
- 11.1.1. List of Key Countries Importing Compound Feed from India
- 11.1.2. List of Key Companies Exporting & Importing Compound Feed from India
- 11.2. Company Profiles
- 11.2.1. Godrej Agrovet Ltd.
- 11.2.2. Cargill India Pvt. Ltd.
- 11.2.3. Suguna Foods Pvt. Ltd.
- 11.2.4. Amrit Feeds Ltd.
- 11.2.5. Avanti Feeds Ltd.
- 11.2.6. Japfa Comfeed India Pvt. Ltd.
- 11.2.7. Anmol Feeds Pvt. Ltd.
- 11.2.8. Venkateshwara Hatcheries Pvt. Ltd.
- 11.2.9. KSE Ltd.
- 11.2.10. SKM Animal Feeds and Foods Ltd.
- 11.2.11. Kerala Feeds Ltd.
- 11.2.12. Sonipat Cattle Feed Industries
- 11.2.13. Champaran Cattle Feed Pvt. Ltd.
- 11.2.14. Growel Feeds Pvt. Ltd.
- 11.2.15. De Heus India Pvt. Ltd.
- 12. Conclusion
- 13. Appendix
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.