Indian Animal Feed Market Overview:
The latest report by IMARC Group titled “Indian Animal Feed Market Report: Industry Trends, Share, Size, Opportunity, and Forecast 2022-2027” finds that the Indian animal feed market size reached a value of INR 873.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach INR 1493.8 Billion by 2027, exhibiting at a CAGR of 9.6% during 2022-2027.
Animal feed refers to the edible food that is fed to the livestock. Some of the commonly used animal feeds include cereal grains, compressed and pelleted feeds, hay, pasture grasses, straw, sprouted grains, and others. These products are widely mixed with various nutritional additives to improve an animal’s overall health.
Request Free Sample Report (Exclusive Offer on this report): https://www.imarcgroup.com/indian-animal-feed-market/requestsample
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Indian Animal Feed Market Trends:
The market in India is majorly driven by rising livestock production. This, in confluence with the increasing demand for animal-based products across the country, is providing an impetus to the market growth. Furthermore, significant growth in the dairy industry is positively influencing the market growth. Moreover, rapid advancements in technologies have led to the development of fortified and non-genetically modified organisms (non-GMO) animal feed variants, which are gaining widespread prominence across India. Additionally, numerous favorable initiatives undertaken by the Government of India (GOI) for encouraging the usage of high-quality animal feed to promote animal health are creating a positive outlook for the market.
Indian Animal Feed Market 2022-2027 and Segmentation:
Competitive Landscape with Key players:
The report has also analyzed the competitive landscape of the market with some of the key players being.
- Suguna Foods Private Limited
- Japfa Comfeeds India Pvt. Ltd.
- Venkateshwara Hatcheries Pvt. Ltd.
- Anmol Feeds Pvt. Ltd.
- Godrej Agrovet Limited (GAVL)
- SKM Animal Feeds and Foods (India) Ltd.
- Cargill, Incorporated.
- Kapila Krishi Udyog Ltd.
- Amrit Group, KSE Ltd.
- Avanti Feeds Ltd.
- Uno Feeds
- Growel Feeds Pvt. Ltd.
- C P Aquaculture India Pvt. Ltd.
- Mulpuri Foods and Feeds Pvt. Ltd.
- The Waterbase Ltd.
- Grobest Feeds Corporation India Ltd.
Breakup by Product Type:
- Poultry Feed
- Cattle Feed
On the basis of the product type, the market has been classified into poultry feed, cattle feed, and aquafeed. Amongst these, poultry feed is the most popular product type.
- South India
- North India
- East India
- West India
On the geographical front, South India represents the leading market. Other major regions include North India, East India, and West India.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800