India Poultry Feed Market to Grow with a CAGR of 6.21% through 2030
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.
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"India Poultry Feed 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.
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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