Indian Poultry Market Estimated to Exceed INR 3,170 Billion by 2027

Indian Poultry Market Impelled by Rising Demand for Protein-Rich Food

DELHI, INDIA, August 29, 2022 /EINPresswire.com/ — IMARC Group’s newest analysis report, titled “Indian Poultry Market Research Report: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” presents an in depth evaluation of the market drivers, segmentation, development alternatives, tendencies, and aggressive panorama to perceive the present and future market eventualities.

The India poultry market reached a worth of INR 1,708 Billion in 2021. Looking ahead, IMARC Group expects the market to attain INR 3,170 Billion by 2027, exhibiting a CAGR of 10.50% throughout 2022-2027. The poultry trade includes breeding, hatching, rearing, and processing home birds. It contains chickens, geese, geese, and turkeys raised by people which might be domestically or commercially used for eggs, meats, and feathers. The poultry market has considerably gained prominence throughout India due to the growing consumption of meat amongst people. Besides this, the introduction of on-line meals supply channels throughout the nation that has improved the accessibility to meals companies, together with statistical developments within the general construction of the poultry trade, can be driving the market development.

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India Poultry Market Trends:

The market in India is primarily pushed by the growing well being consciousness among the many plenty. Coupled with the altering dietary patterns and the rising demand for protein-rich meals merchandise amongst people, that is positively influencing the market development. Moreover, inflating disposable earnings ranges of the plenty, together with the growing preferences for main a wholesome life-style, is offering a lift to the gross sales of poultry merchandise. Additionally, quite a few initiatives undertaken by the federal government to help poultry companies, together with encouraging poultry farming by introducing capital fund schemes, are offering an impetus to the market development. Apart from this, the rising recognition of worldwide cuisines due to the penetration of social media is taken into account to be a significant growth-inducing issue. Furthermore, the proliferation of eating places and fast-food joints throughout the nation are additionally making a optimistic outlook for the market. Other elements, together with simple product availability through the web and offline organized retail channels and steady enhancements within the meals and drinks sector, are additional projected to drive the market development throughout India.

Key Players Included in Indian Poultry Industry Research Report:

• Bharati Poultry Pvt. Limited
• IB Group
• Mulpuri Group
• RM Hatcheries (RM Group)
• Simran Farms Limited
• Skylark Hatcheries pvt. ltd.
• Sneha Group
• Srinivasa Farms
• Suguna Foods Private Limited
• Venkys India (VH Group).

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Key Market Segmentation:

Breakup by End-Use:

• Food Services
• Households

Breakup by Distribution Channel:

• Traditional Retail Stores
• Business to Business (B2B)
• Modern Retail Stores

Breakup by Region:

• Maharashtra
• Haryana
• West Bengal
• Tamil Nadu
• Andhra Pradesh
• Uttar Pradesh
• Telangana
• Kerala
• Karnataka
• Punjab
• Orissa
• Bihar
• Madhya Pradesh
• Gujarat
• Rajasthan
• Others

TOC for the Indian Poultry Market Research Report:

• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Indian Poultry Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape

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IMARC Services Private Limited
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