According to the latest report by IMARC Group, titled “Indian Poultry Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the Indian poultry market, consisting of broilers and eggs reached a value of INR 1,988 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 15.2% during 2021-2026. Poultry includes ducks, turkeys, chickens and geese are raised domestically or commercially for their eggs and meat. In recent decades, the poultry industry in India has been radically transformed and emerged as one of the major sectors of the economy. The growth of the industry has been driven by strong demand for these products emanating from the eggetarian and non-vegetarian population in the country. Moreover, due to rapid urbanization, inflating disposable incomes and rising health consciousness among consumers, the traditional Indian diet which had been heavily dependent on pulses has now been replaced with other protein-rich food products such as meat, eggs, and dairy products.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/indian-poultry-market
Changing food habits and busy schedules of the working population have increased the preference for convenient food offered at food joints. In addition to this, the introduction of online food delivery channels, such as Zomato, Swiggy, Food Panda and Uber Eats, has improved the accessibility to food services. Since a significant part of the demand for poultry products comes from the food service sector, its development is providing impetus to the growth of the Indian market. Apart from this, various organized retail outlets have emerged over the past two decades with adequate resources for freezing and refrigerating poultry products. In comparison with local grocery stores, these outlets also offer stock keeping units (SKU) for displaying different products.
Key Market Segmentation:
Breakup by segments:
Breakup by End Use:
• Food Services
Breakup by Distribution Channel:
• Traditional Retail Stores
• Business to Business (B2B)
• Modern Retail Stores
Breakup by Region:
• Tamil Nadu
• West Bengal
• Uttar Pradesh
• Andhra Pradesh
• Tamil Nadu
• West Bengal
The competitive landscape of the market has also been examined in the report and the profiles of key players have also been provided.
Key highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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.
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