IMARC Group, a leading market research company, has recently releases report titled “India Poultry Feed Market Report by Nature (Conventional, Organic), Form (Mashed, Pellets, Crumbles, and Others), Additives (Antibiotics, Vitamins, Antioxidants, Amino Acid, Feed Enzymes, Feed Acidifiers, and Others), Animal Type (Layers, Broilers, Turkey, and Others), Distribution Channel (Offline, Online), and Region 2024-2032“. The India poultry feed market report reached a value of INR 924 Billion in 2023. Looking forward, IMARC Group expects the market to reach a value of INR 1,295 Billion by 2032, exhibiting a CAGR of 3.4% during 2024-2032.
The India poultry feed market is evolving rapidly, owing to the increasing demand for high-quality protein sources from consumers and the expansion of the poultry industry. Besides this, the need for wholesome, well-balanced chicken feed is being driven by the rising consumption of poultry products brought about by urbanization and population growth. Additionally, the increasing awareness among farmers about the benefits of using scientifically formulated feed to improve poultry health and productivity is positively influencing market dynamics. Moreover, initiatives by government bodies aimed at supporting the agricultural sector, including subsidies and training programs for poultry farmers, are further bolstering the growth of the India poultry feed market. Meanwhile, the increasing trend of contract farming and integration in the poultry industry is also contributing to the demand for commercial poultry feed.
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India Poultry Feed Market
Technological advancements in feed production, such as the development of nutrient-specific and additive-enriched feeds, are propelling the India poultry feed market forward. In addition, the rising focus on organic and natural feed ingredients, driven by consumer preference for organic poultry products, is shaping market trends. Major players are investing in research and development (R&D) to introduce innovative feed solutions that meet the evolving needs of the poultry industry. Furthermore, the rise of e-commerce platforms offering easy access to a variety of poultry feed products is also supporting market expansion. Apart from this, the combination of increasing poultry consumption, technological advancements, and supportive government policies is expected to sustain the growth of the India poultry feed market in the coming years.
India Poultry Feed Market Segmentation:
Breakup by Nature:
- Conventional
- Organic
Breakup by Form:
- Mashed
- Pellets
- Crumbles
- Others
Breakup by Additives:
- Antibiotics
- Vitamins
- Antioxidants
- Amino Acid
- Others
Breakup by Animal Type:
- Layers
- Broilers
- Turkey
- Others
Breakup by Distribution Channel:
- Online
- Offline
Breakup by Region:
- Maharashtra
- Tamil Nadu
- Gujrat
- Uttar Pradesh
- Others
Ask Analyst for Customization and Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=6884&flag=C
Key Highlights of the Report:
• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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