Indian Animal Feed Market Outlook 2022, Leading Brands, Supply Chain Analysis, Growth Rate(9.6%), Historical Data and Forecast BY 2027

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Indian Animal Feed Market Outlook 2022, Leading Brands, Supply Chain Analysis, Growth Rate(9.6%), Historical Data and Forecast BY 2027

November 29
23:28 2022
Indian Animal Feed Market Outlook 2022, Leading Brands, Supply Chain Analysis, Growth Rate(9.6%), Historical Data and Forecast BY 2027
Indian Animal Feed Market
Indian Animal Feed Industry Fostered by Increasing Cattle Population

The latest research study titled “Indian Animal Feed Market Report: Industry Trends, Share, Size, Opportunity, and Forecast 2022-2027” finds that the market size of animal feed in India 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.

Indian Animal Feed Industry Outlook:

Animal feed is a food product grown and manufactured for poultry, aquatic animals, ruminants and swine consumption. It includes several raw, processed, and semi-processed ingredients widely adopted to feed livestock that helps in improving the health of animals. It is produced by blending ingredients with high nutritional content, such as hay, oils, legumes, silage, straw, and sprouted grains and is formulated by incorporating additives, including vitamins and minerals, to enhance the quality of various end-products and maintain the overall health of animals. Some of the common animal feeds include cereal grains, and pasture grasses and by-products of food crops, such as pineapple bran, sugar beet pulp, and brewers’ grains.

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Top Manufacturers In Indian Animal Feed Industry:

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.

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What are the Growth Drivers in Indian Animal Feed Industry? :-

The increasing concerns regarding animal health majorly drive the market in India. Along with this, the growing agriculture sector and the rising commercial livestock production across the country are propelling the market growth. Besides this, the increasing government support by prompting inspection and improvement in feeding practices, is significantly supporting the market. Coupled with the rising public concern regarding the safety of animal-origin food products, including meat, milk, and eggs, is contributing to the growth of the market. In addition to this, the increasing prevalence of food-borne bacterial infections, dioxin contamination and bovine spongiform encephalopathy (BSE) is boosting the demand for high-quality animal feed. Moreover, the incorporation of non-genetically modified organisms (non-GMO) ingredients in animal feed to cater to consumers’ need for natural food sources is creating a positive market outlook in India.

What is the future of Animal Feed Industry in India? :-

The growing consumption of dairy and meat products as sources of nutrients among individuals is catalyzing the demand for good quality animal feed. Moreover, the rising utilization of algae-based ingredients in the preparation of animal feed due to the increasing awareness regarding its health benefits on livestock. For instance, microalgae aid in enriching animal feed with nutrients, especially in livestock’s early developmental stages, which is gaining widespread prominence across the country. Since animal feed help in the production of premium quality milk, meat, and eggs while boosting physical growth, this is positively influencing the market. Along with this, the rapid industrialization of animal farming accelerating the demand for protein-rich animal feed ingredients is one of the major factors driving the market growth.

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Key Market Segmentation:

Breakup by Product Type(What are the 3 types of animal feeds?):

Regional Insights:

  • South India
  • North India
  • East India
  • 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

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Who we are:

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 pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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