India Poultry and Hatchery Market to Grow with a CAGR of 8.34% through 2030
Technological integration for precision poultry farming and increasing focus on poultry genetics & breeding is expected to drive the India Poultry and Hatchery Market growth in the forecast period, 2026-2030.
According to TechSci Research report, “India Poultry
and Hatchery Market -Industry Size, Share, Trends, Competition Forecast
& Opportunities, 2030 F”, the India Poultry and Hatchery Market stood at 1.23 Billion and is anticipated to grow with a CAGR of 8.34% in
the forecast period, 2026-2030. The Indian poultry and hatchery market is
driven by several key factors. The growing consumer demand for protein-rich
foods has significantly boosted the poultry industry. Government initiatives
aimed at supporting the poultry sector, such as subsidies and training programs
for farmers, further fuel this growth.
The increasing adoption of advanced technology in
hatcheries for higher productivity and improved hatchability rates is another
major driver. The ongoing shift from unorganized to organized retail is
accelerating the market growth as it brings better cold storage and
distribution facilities for poultry products.
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"India Poultry and Hatchery Market”
India's poultry
and hatchery market is a burgeoning sector, showing significant growth over the
past few years. The market's robustness is driven by an increasing population,
rising income levels, and changing dietary patterns.
Chicken is a
primary source of protein in the Indian diet, and the demand is consistently
high. The 'Egg Layer' sector, responsible for providing eggs, and the 'Broiler'
sector, which deals with chicken meat production, constitute the two main
segments of the poultry market in India. Both sectors have been witnessing
steady growth, primarily due to advancements in genetics, veterinary health,
and nutrition, all contributing to the increase in yield per bird.
India's hatchery
market also demonstrates promising growth. Hatcheries play a crucial role in
the poultry industry, providing chicks for both meat (broilers) and egg
(layers) production. Technological advancements in incubation, hatching, and
chick processing have significantly contributed to the hatchery market's
development. Modern hatcheries are now more efficient, with higher productivity
and lower mortality rates. Despite the
growth, there are considerable challenges. The industry is largely unorganized,
and poultry farming is still considered a secondary occupation in many parts of
India, with the majority of farmers lacking access to advanced technology and
financial resources. Disease outbreaks, such as bird flu, pose a significant
risk. The lack of cold storage facilities and inadequate transportation also
impede market growth. Government interventions, including subsidies and
training programs, are working to address these concerns and promote the
industry's growth. Moreover, the increased emphasis on contract farming and
integration in the poultry industry is paving the way for a more organized
market structure. The Indian poultry and hatchery market is growing rapidly,
driven by increasing population, urbanization, and changing dietary habits.
However, challenges persist and need to be addressed for the industry to reach
its full potential. Despite this, the outlook for this market remains positive,
with opportunities for substantial growth in the coming years.
The India Poultry
and Hatchery Market is segmented into type, sales channel, regional
distribution, and company.
Based on
type, Broiler/Meat is the fastest growing segment in the Indian Poultry
and Hatchery Market. There has been a significant rise in the demand for protein-rich foods
in India due to changing dietary preferences and increasing awareness about the
nutritional benefits of poultry meat. Broiler chicken is a popular and
affordable source of animal protein for a large section of the Indian
population. Urbanization and changing lifestyles have led to a shift in dietary
habits, with a greater preference for convenient and quick-cooking protein
sources like broiler chicken. This has boosted the demand for poultry meat in
urban and semi-urban areas. The growth of quick-service restaurants (QSRs) and
food chains in India has further fueled the demand for broiler chicken. These
establishments require a consistent and large supply of poultry meat to cater
to the increasing consumer base. The Indian poultry industry has seen increased
investments in modern poultry farming practices, including improved breeding
techniques, feed formulations, and disease management. This has led to higher
productivity and efficiency in meat production, making broiler farming more
profitable and scalable. Government initiatives promoting poultry farming and
hatchery operations have also contributed to the growth of the broiler/meat
segment. Schemes providing subsidies, training, and infrastructure development
have encouraged farmers to invest in broiler production. The development of
efficient distribution networks and cold chain infrastructure has facilitated
the distribution of poultry meat across the country. This has made broiler meat
more accessible and affordable in both urban and rural areas.
Based on region, North India is the fastest growing region in the Indian Poultry and
Hatchery Market.
North
India has experienced significant growth in population and urbanization,
leading to an increased demand for poultry products such as chicken and eggs.
As income levels rise and dietary preferences change, there is a growing demand
for protein-rich foods like poultry products. There has been substantial
investment in poultry farming and hatchery infrastructure in North India. This
includes modernization of farms, adoption of advanced technologies in poultry
management, and improved supply chain logistics. These investments have
enhanced efficiency and productivity in the region. Government policies and
initiatives to promote poultry farming and animal husbandry in North India have
played a role in driving growth. This could include subsidies, training
programs, and infrastructure development support for farmers and entrepreneurs
in the poultry sector. North India generally has a climate that is conducive to
poultry farming. The region experiences diverse weather patterns, including
cold winters and hot summers, which are suitable for different aspects of
poultry production. The market dynamics in North India, including factors such
as consumer preferences, market competition, and distribution networks, have
likely contributed to the growth of the poultry and hatchery industry in the
region. Changing consumer preferences towards healthier protein sources and
increased awareness about the nutritional benefits of poultry products have
boosted demand in North India. North India's proximity to major urban centers
and transportation networks also enhances its potential for accessing export
markets, further driving growth in the poultry sector.
Major companies
operating in India Poultry and Hatchery Market are:
- IB Group
- Suguna Foods Pvt. Ltd.
- Skylark Hatcheries Pvt. Ltd.
- Venky’s (India) Ltd.
- Sneha Group Srinivasa Farms Pvt. Ltd.
- Bharati Poultry Pvt. Ltd.
- RM Group
- KEGGFARMS Pvt. Ltd.
- AMD integrated Farms
- VH Group
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“The Indian Poultry and Hatchery market is poised for significant growth in the coming years. There is a growing demand for protein-rich diets, driven by
an increasing awareness of the importance of a balanced and healthy lifestyle.
This trend is expected to continue, leading to a sustained demand for poultry
products. Advancements in breeding methods have revolutionized
the industry, allowing for the production of healthier and more productive
poultry. These advancements, coupled with the rising population, create a
favorable environment for the growth of the market. Furthermore, government
initiatives aimed at supporting small and medium poultry businesses have played
a crucial role in boosting the industry. These initiatives have provided
financial assistance, technical support, and training programs, enabling
entrepreneurs to establish and expand their businesses.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.
“India Poultry
and Hatchery Market By Type (Layer/Egg and Broiler/Meat), By Sales Channel
(Institutional Sales and Traditional/Modern Retail Sales), By Region,
Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth
potential of India Poultry and Hatchery 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 and Hatchery Market.
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