DUBLIN--(BUSINESS WIRE)--The "Indian Animal Feed Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
This report provides a deep insight into the India animal feed market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc.
The Indian animal feed market was worth INR 400.5 Billion in 2018. The market is further projected to reach INR 898.5 Billion by 2024, growing at a CAGR of 14.3% during 2019-2024.
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.
The population in India is expected to increase continuously in the medium and long terms. This will create a strong demand for eggs, meat, milk, etc., in turn increasing the demand for animal feed.
The Indian government along with private initiatives are increasing the awareness of better feed practices among farmers. Farmers are getting more aware about animal health and the importance of a balanced and nutritional food for their animals.
Apart from domestic consumption, Indian exports of animal feed are rising and will also represent an important growth driver during the next five years.
Changing lifestyles and rising per capita incomes in India have resulted in a shift in the dietary habits in the country. This has resulted in an increase in the consumption of milk and meat, leading to a growing demand for animal feed.
Breakup by Product Type
- Poultry Feed
- Cattle Feed
- Aqua Feed
Currently poultry feed accounts for the largest market share. Followed by cattle feed and aqua feed.
Breakup by Region
- North India
- South India
- East India
- West India
The competitive landscape of the market has also been examined in the report and the profiles of key players have also been provided.
Key Questions Answered
- How has the Indian animal feed market performed so far and how will it perform in the coming years?
- What are the key product types in the Indian animal feed market?
- What is the breakup of the Indian animal feed industry on the basis of region?
- What are the various stages in the value chain of the Indian animal feed market?
- What are the key driving factors and challenges in the Indian animal feed market?
- What is the structure of the Indian animal feed market and who are the key players?
- What is the degree of competition in the Indian animal feed market?
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Indian Animal Feed Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product
5.4 Market Breakup by Region
5.5 Market Forecast
5.6 SWOT Analysis
5.7 Value Chain Analysis
5.8 Porters Five Forces Analysis
5.9 Price Analysis
6 Market Breakup by Product
6.1 Poultry Feed
6.2 Cattle Feed
6.3 Aqua Feed
7 Market Breakup by Region
7.1 North India
7.2 South India
7.3 East India
7.4 West India
8 Animal Feed Manufacturing Process
8.1 Product Overview
8.2 Raw Material Requirements
8.3 Manufacturing Process
8.4 Key Success and Risk Factors
9 Competitive Landscape
9.1 Market Structure
9.2 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/vdp3zb