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Forecast Period
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2026-2030
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Market Size (2024)
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USD 1.23 Billion
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Market Size (2030)
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USD 1.98 Billion
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CAGR (2025-2030)
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8.34%
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Fastest Growing Segment
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Institutional Sales
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Largest Market
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South India
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Market Overview
India Poultry and Hatchery Market has valued at USD
1.23 Billion in 2024 and is anticipated to project impressive growth in the
forecast period with a CAGR of 8.34% through 2030. Poultry refers to domesticated
birds that are typically raised for their meat, eggs, or feathers. These
include chickens, ducks, geese, turkeys, and quails. On the other hand, a
hatchery is a facility where eggs are hatched under artificial conditions. It's
commonly used in the poultry industry to manage the incubation of eggs and
ensure a high rate of healthy, viable chicks.
The poultry and hatchery market in India holds
substantial economic value. India is the world's third-largest egg producer and
the fourth-largest chicken producer, signifying the scale and importance of its
poultry sector. The hatchery market complements this growth, providing the
necessary infrastructure for breeding and hatching. Technological advancements
and improved breeding practices have led to a surge in hatchery productivity,
further bolstering the market. Moreover, the growing domestic demand for
poultry products and the potential for export has made this market a key
contributor to India's Agro-based economy.
Key Market Drivers
Rising Consumer Demand for Poultry Products
The primary driver of the India Poultry and
Hatchery Market is the steadily increasing consumer demand for poultry
products. Poultry, including chicken and eggs, remains a staple in the Indian
diet due to its affordability, versatility, and nutritional value. With a
population that continues to grow at a rapid pace, along with rising income
levels and urbanization, the demand for poultry products is on the upswing.
This surge in consumer demand acts as a catalyst for the poultry and hatchery
industry, prompting producers to scale up operations, adopt advanced
technologies, and improve breeding practices to meet the growing needs of the market.
Moreover, the preference for poultry products is not just limited to
affordability and nutritional value. Poultry meat and eggs are highly versatile
ingredients that can be incorporated into a wide variety of dishes, making them
a popular choice among consumers looking for diverse and flavorful meal
options. Additionally, the poultry industry plays a crucial role in providing
employment opportunities, especially in rural areas, where poultry farming
serves as a source of livelihood for many.
To meet the increasing demand, poultry producers
are constantly striving to enhance their operations. They are investing in
advanced technologies such as automated feeding and monitoring systems,
biosecurity measures, and genetic research to improve the quality and
productivity of poultry breeds. Furthermore, sustainable practices and animal
welfare considerations are gaining prominence in the industry, with a focus on
providing better living conditions for the poultry and ensuring responsible
production practices. The India Poultry and Hatchery Market is being driven by
the rising consumer demand for poultry products, driven by factors such as
affordability, versatility, and nutritional value. With the population growth,
income levels, and urbanization trends, the demand for poultry products is
expected to continue its upward trajectory. This presents opportunities for
producers to innovate, adopt advanced technologies, and improve breeding
practices to meet the evolving needs of the market while ensuring sustainable
and responsible practices.
Technological Advancements in Poultry Farming
The adoption of technological advancements in
poultry farming is revolutionizing the Indian Poultry and Hatchery Market. With
modern poultry farming practices, farmers are leveraging innovations in
breeding, disease management, nutrition, and automation to maximize
productivity and quality. In terms of
breeding, advanced incubation technologies and genetic selection methods are
being employed in hatcheries to ensure healthier and more robust poultry.
Disease management practices have also seen significant improvements, with
biosecurity measures being implemented to safeguard the well-being of the
poultry.
Furthermore, the integration of automation has
brought about transformative changes in the industry. Climate-controlled
housing systems provide optimal living conditions for the poultry, while smart
feeding systems streamline the feeding process, ensuring the birds receive the
right nutrition at the right time. Monitoring tools enable farmers to closely
track the health and growth of the poultry, allowing for timely interventions
if needed. This seamless integration of technology across the poultry supply
chain has led to increased productivity, reduced costs, and higher quality products.
By embracing these advancements, the Indian Poultry and Hatchery Market is
experiencing substantial growth and contributing to the overall progress of the
industry.
Government Initiatives and Supportive Policies
Government initiatives and supportive policies play
a pivotal role in driving the growth of the Poultry and Hatchery Market in
India. The government recognizes the utmost importance of poultry farming for
ensuring food security, generating rural employment opportunities, and
fostering economic development. In line with this, a range of well-designed
schemes and subsidies are implemented to encourage farmers to make investments
in modern poultry farming practices. These initiatives aim to improve the
infrastructure of the sector and enhance the overall productivity.
Additionally, supportive policies are in place to ensure effective disease
control measures, maintain quality standards, and facilitate market access.
Such comprehensive measures contribute significantly to the growth and sustainability
of the poultry and hatchery industry in India, creating a thriving ecosystem
for both producers and consumers alike.
Changing Dietary Preferences & Health
Consciousness
Shifting dietary preferences and a growing emphasis
on health consciousness among consumers are significantly influencing the
demand for poultry products in India. Poultry, known for being a lean and
protein-rich source, perfectly aligns with the increasing awareness of health
and nutrition among individuals. As more and more consumers prioritize their
well-being and seek healthier protein alternatives, the poultry market is
experiencing a remarkable surge in demand.
Moreover, the versatility of poultry products and
their role in diverse cuisines further contribute to their popularity. From
succulent chicken curries to tender grilled kebabs, poultry has found its place
in various culinary traditions, making it a staple ingredient in households and
restaurants alike. This culinary flexibility adds to the appeal of poultry
products and drives their consumption. The rise in demand for poultry reflects
a broader societal trend towards healthier eating habits. As consumers become
more conscious of the food they consume, they are making mindful choices that
positively impact their health and well-being. This shift in consumer behavior
is not only driving the growth of the poultry and hatchery industry but also
paving the way for a healthier and more sustainable food ecosystem in India.
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Key Market Challenges
Disease Outbreaks and Biosecurity Concerns
One of the major challenges facing the India
Poultry and Hatchery Market is the persistent threat of disease outbreaks and
associated biosecurity concerns. Poultry farms, whether large-scale or small backyard
operations, are vulnerable to a range of viral and bacterial infections that
can have devastating consequences for the industry. These diseases not only
lead to significant economic losses but also necessitate mass culling and
disrupt the poultry supply chain. Avian influenza and Newcastle disease are two
examples of highly contagious diseases that pose a constant risk to the poultry
industry. The impact of these diseases can be particularly severe due to their
ability to spread rapidly within and across farms. The cost of treating
infected birds, implementing biosecurity measures, and recovering from the
market disruptions caused by these outbreaks can be overwhelming for poultry
farmers.
Implementing effective biosecurity measures is
crucial in preventing and controlling the spread of diseases. However, ensuring
widespread adoption of these measures remains a challenge, especially among
smaller and backyard operations that may lack the necessary resources and
knowledge. Education and awareness campaigns targeting poultry farmers are
essential to emphasize the importance of biosecurity practices and provide
guidance on their implementation. To address these challenges, the industry
must work towards establishing robust monitoring and control systems. This
includes regular disease surveillance, early detection mechanisms, and prompt
response protocols.
Feed Price Volatility & Input Costs
Feed constitutes a substantial portion of the overall
production costs in the poultry industry, and the volatility in feed prices
poses a significant challenge. Fluctuations in the prices of key feed
ingredients, such as corn and soybean meal, directly impact the profitability
of poultry farming. The dependence on imported feed ingredients makes the
industry vulnerable to global market dynamics and currency fluctuations.
Poultry farmers face the challenge of managing input costs efficiently while
ensuring the nutritional quality of the feed. The need for sustainable and
cost-effective feed formulations, along with strategies to navigate price
volatility, is crucial for the economic viability of poultry farming in India.
Key Market Trends
Technological
Integration for Precision Poultry Farming
The India Poultry and Hatchery Market are
experiencing a significant trend with the integration of advanced technology
for precision poultry farming. In this modern era, cutting-edge technologies
such as sensors, data analytics, and automation are being deployed to monitor
and manage various aspects of poultry farming. These technologies enable
real-time monitoring of environmental conditions and health parameters,
ensuring optimal conditions for the poultry. Moreover, automated feeding
systems, climate-controlled housing, and smart monitoring devices are being
implemented to enhance efficiency, reduce labor costs, and contribute to better
overall poultry health.
The adoption of precision farming technologies not
only improves productivity but also fosters more sustainable and
resource-efficient poultry farming practices. By aligning with global trends in
smart agriculture, the industry is able to meet the growing demand for
high-quality poultry products while minimizing environmental impact. As a
result, the India Poultry and Hatchery Market are poised for continued growth
and success in the future.
Increasing
Focus on Poultry Genetics & Breeding
Another key trend that is shaping the Indian
Poultry and Hatchery Market is the increasing emphasis on poultry genetics and breeding.
Poultry breeders and hatcheries are heavily investing in research and
development to enhance the genetic traits of poultry breeds. The aim is to
achieve improved growth rates, feed efficiency, disease resistance, and meat
quality in poultry. Through selective breeding programs, they are successfully
developing poultry strains that are better suited to meet the specific needs
and preferences of the market.
This trend is driven by the growing demand for
high-quality poultry products and the need for efficient production systems.
Industry players are also motivated by the desire to optimize the genetic
potential of poultry for commercial purposes. By continuously improving the
genetic characteristics of poultry, they can ensure better productivity, profitability,
and sustainability in the poultry industry. This emphasis on poultry genetics
and breeding is a testament to the industry's commitment to meeting the
evolving demands of consumers and the market. It represents a proactive
approach to stay ahead of competition and cater to the diverse needs of
customers. With ongoing advancements in genetics and breeding techniques, the
Indian Poultry and Hatchery Market is poised to witness further growth and
development in the years to come.
Segmental Insights
Type Insights
Based on the type, the
Indian Poultry and Hatchery market is currently dominated by the Layer/Egg
sector, which holds a substantial share. This dominance is attributed to the
high demand for eggs, driven by their reputation as a cost-effective,
versatile, and highly nutritious food option. Eggs are favored by consumers
across various regions and cultures in India, thanks to their health benefits
and their widespread usage in a myriad of culinary dishes. As consumer
awareness about the nutritional advantages of eggs continues to grow, this
trend is expected to persist and further strengthen the market position of the
Layer/Egg sector in the Indian Poultry and Hatchery industry.
Sales Channel Insights
Based on Sales Channel, in
the Indian Poultry and Hatchery market, Institutional Sales hold a significant
share, mostly due to bulk purchases from hotels, restaurants, and catering
services. These establishments rely on the consistent supply of poultry
products to meet the demands of their customers. However, Traditional and
Modern Retail Sales are not far behind. With the increasing emphasis on
convenience and quality, consumers are now seeking hygienically processed and
conveniently packaged poultry. Supermarket chains have recognized this trend
and expanded their offerings to include a wide range of poultry products,
further driving the growth of retail sales. It is worth noting that the
balance between Institutional and Retail Sales can vary across different
regions of the country. Factors such as cultural preferences, economic development,
and infrastructure can influence the distribution and consumption patterns of
poultry products. Understanding these dynamics is crucial for businesses
operating in the Indian Poultry and Hatchery market to effectively tap into the
potential of both institutional and retail channels.
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Regional Insights
The poultry industry is a significant segment of
the Indian agricultural sector, with individual states contributing towards its
overall growth. Currently, South India, Andhra Pradesh and Telangana are
dominating the Indian Poultry and Hatchery market, due to a myriad of factors.
Andhra Pradesh, known as the 'Egg Bowl of Asia',
leads the country in both broiler chicken and egg production. The state's
conducive climatic conditions, coupled with well-established farming
infrastructure and robust supply chains, have contributed to this supremacy.
Moreover, the state government has implemented farmer-friendly policies
promoting poultry farming, which has encouraged more farmers to venture into
this field. Telangana, carved out of Andhra Pradesh, has inherited a large
portion of the poultry industry. It boasts of an impressive number of
hatcheries and feed mixing units, supporting a vast network of poultry farmers.
The state is home to a large number of poultry enterprises, including some of
the largest integrated poultry companies in the country. These two states, with
their robust poultry infrastructure, are not only catering to the domestic
demand but are also major exporters of poultry products. They have managed to
establish a strong foothold in the Indian Poultry and Hatchery Market, setting
a benchmark for other states to follow. Their success can be attributed to a
combination of favourable government policies, strategic geographical location,
and a resilient supply chain mechanism.
Recent Development
- In August
2023, IB Group launched a cutting-edge poultry feed plant and hatchery in
Amethi, underscoring its commitment to grassroots development by becoming the
largest poultry feed plant and hatchery unit in Uttar Pradesh.
Key Market Players
- IB Group
- Suguna Foods Pvt. Ltd.
- Skylark Hatcheries Pvt. Ltd.
- Venky’s (India) Ltd.
- Sneha Group Srinivasa Farms
Pvt. Ltd.
- Bharati Poultry Pvt. Ltd.
- RM Group
- KEGGFARMS Pvt. Ltd.
- AMD integrated Farms
- VH Group
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By Type
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By Sales
Channel
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By Region
|
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- Institutional
Sales
- Traditional/Modern
Retail Sales
|
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Report Scope:
In this report, the India Poultry and Hatchery
Market has been segmented into the following categories, in addition to the
industry trends which have also been detailed below:
- India Poultry and Hatchery
Market, By
Type:
o Layer/Egg
o Broiler/Meat
- India Poultry and Hatchery
Market, By
Sales Channel:
o Institutional Sales
o Traditional/Modern Retail
Sales
- India Poultry and Hatchery
Market, By
Region:
o North
o South
o West
o East
Competitive Landscape
Company Profiles: Detailed analysis of the major companies
present in the India Poultry and Hatchery Market.
Available Customizations:
India Poultry and Hatchery Market report with
the given market data, TechSci Research offers customizations according to a
company's specific needs. The following customization options are available for
the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
India Poultry and Hatchery Market is an upcoming
report to be released soon. If you wish an early delivery of this report or
want to confirm the date of release, please contact us at [email protected]