Indian Animal Feed Market Outlook, Industry Analysis, Types, Trends & Forecast to 2023
IMARC group highlighting the title “Indian Animal Feed Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” which provides an outlook for current market value as well as the expected growth of Indian animal feed market during 2018-2023. This research study also covers information about the production, consumption and market share based on different active regions. Furthermore, an anticipated growth at a double-digit CAGR for the animal feed market in India is highlighted in the report which indicates a prosperous future.
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The Indian animal feed market was worth INR 348 Billion in 2017. The market is further projected to reach INR 788 Billion by 2023, at a CAGR of 14.5% during 2018-2023. India currently represents one of the fastest growing animal feed markets in the world. The increasing demand for animal protein and dairy products has resulted in a growing livestock population in India, which in turn has increased the demand for animal feed. Currently the poultry, aqua and dairy industry accounts for the major share of the Indian animal feed industry. Modern animal feed products are manufactured by carefully selecting and blending ingredients to impart highly nutritional diets that both increase the quality of its end products such as meat, milk, eggs and at the same time maintain the health of the animal.
People Strongly Demand
- Eggs
- Meat
- Milk
- Batter
- Poultry Feed
- Cattle Feed
- Aqua Feed
- North India
- South India
- East India
- West India
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