Aarkstore Enterprise announced latest Market Research Report Titled " India poultry processing market research report (2018-2023)"
Market insights
The production of poultry meat has increased to ~3.46 Mn tonnes, growing at a rate of ~6% in FY 2017, as against 3.26 Mn tonnes in FY 2016. The market is operated by well-established players that include Venkys India Limited, Suguna Foods Limited, Godrej Tyson Foods Limited, and Skylark Foods Private Limited.
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State-wise segment insights
More than 60% of the total eggs produced in India are from five states: Andhra Pradesh, Tamil Nadu, Maharashtra, Karnataka, and West Bengal. The commercial poultry firms contribute 80.8% of the total egg production. As of FY 2017, Andhra Pradesh has the largest poultry population of 161.3 million units.
Poultry broiler segment insights
Broiler meat production in India has increased at a CAGR of ~7% from FY 2012 to FY 2017. Currently, the per capita consumption of broiler meat in India is extremely low (3.35 kg per person per year), compared to Brazil (45 kg), the United States (43 kg), and China (10.5 Kg).
Key deterrents to the growth of the market
Currently, broiler birds are being transported alive between the Indian states, more often under unhygienic conditions. Moreover, many birds get killed because of the lack of dry processing and storage facilities during the transportation process.
Poultry feed contains animal bones, feathers, blood, offal, manure, and other diseased animal parts. These are served in the Indian poultry farms and are considered to be harmful to the animals. It is identified as the primary source of salmonella contamination of the poultry products.
Major Players
Godrej Agrovet Limited
Venky’s India Limited
Arambagh Hatcheries Limited
Baramati Agro Limited
Hind Agro Industries Limited
Skylark Foods Private Limited
Sneha Farms Private Limited
Srinivasa Farms Private Limited
Suguna Foods Private Limited
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Category: Agriculture and Food Market Research
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