Poultry Market In India: Share, Size, Growth, Demand and Forecast Till 2024: IMARC Group

1. Indian Poultry Market Research Report, Share, Size, Growth, Demand and Forecast Till 2024 Copyright © IMARC Service Pvt Ltd. All Rights Reserved

2. About IMARC Group Report Description IMARC is a leading advisor on 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. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Indian Poultry Market Report By End Use (Food Services and Households), Distribution Channel (Traditional Retail Stores, Business to Business and Modern Retail Stores), Segment, Region The Indian poultry market has witnessed robust growth over the past few years which can be attributed to the flourishing food service industry, emerging organized retail outlets and rising demand from the eggetarian and non-vegetarian population in the country. Market Overview: According to the latest report by IMARC Group, titled “Indian Poultry Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the Indian poultry market reached a value of around INR 1,750 Billion in 2018. 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.

4. Report Description and Highlights Report Description • Market Trends: • 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. The expansion of these outlets is further creating a positive outlook for the market. Looking forward, the market value is projected to reach INR 4,340 Billion by 2024, expanding at a CAGR of more than 16% during 2019-2024. • Indian Poultry Market Segmentation: • Market Segmentation by End-Use • Food Services • Households • Request for a free sample copy: https://www.imarcgroup.com/request?type=report&id=1042&flag=B

5. Market Forecast Sample Figure: India: Poultry Market Forecast: Volume Trends (in ‘000 Metric Tons), 2019-2024

6. Market Segmentation Report Description • Based on end-uses, the market has been bifurcated into households and food services. Presently, households represent the biggest segment for eggs, whereas food services represent the leading end-use segment for broilers due to the growing trend of dining-out among consumers. • Market Segmentation Distribution Channel • Traditional Retail Stores • Business to Business • Modern Retail Stores • On the basis of distribution channels, the market has been segregated into traditional retail, business-to-business, supermarkets and hypermarkets, convenience stores, online, and others. Currently, traditional retail accounts for the majority of the total market share for both eggs and broilers as consumers mostly prefer freshly slaughtered chicken which is provided by these outlets. • Market Segmentation by Region • Maharashtra • Tamil Nadu • Browse Indian poultry market report with TOC: https://www.imarcgroup.com/indian-poultry-market

7. Market Segmentation Report Description • Haryana • West Bengal • Uttar Pradesh • Others • State-wise, Andhra Pradesh and Maharashtra represent the leading markets for eggs and broilers, respectively. Several initiatives undertaken by the governing authorities have majorly contributed to the growth of the market in these states. • In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

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11. Report Description and Highlights Report Description © 2018 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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