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Indian Animal Feed Market Report, Share, Size, Growth, Demand and Forecast 2021-2026

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Indian Animal Feed Market Report, Share, Size, Growth, Demand and Forecast 2021-2026

January 26
10:05 2022
Indian Animal Feed Market Report, Share, Size, Growth, Demand and Forecast 2021-2026
Indian Animal Feed Market
The Indian animal feed market reached a value of INR 942.4 Billion in 2020. The market to grow at a CAGR of 12.5% during 2021-2026.

The latest report by IMARC Group titled “Indian Animal Feed Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026” finds that the animal feed market size in India reached a value of INR 942.4 Billion in 2020. Animal feed refers to the edible food that is fed to the livestock. Some of the commonly used animal feeds include cereal grains, compressed and pelleted feeds, hay, pasture grasses, straw, sprouted grains, and others. These products are widely mixed with various nutritional additives to improve an animal’s overall health. 

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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.

Indian Animal Feed Market Trends:

The market in India is majorly driven by rising livestock production. This, in confluence with the increasing demand for animal-based products across the country, is providing an impetus to the market growth. Furthermore, significant growth in the dairy industry is positively influencing the market growth. Moreover, rapid advancements in technologies have led to the development of fortified and non-genetically modified organisms (non-GMO) animal feed variants, which are gaining widespread prominence across India. Additionally, numerous favorable initiatives undertaken by the Government of India (GOI) for encouraging the usage of high-quality animal feed to promote animal health are creating a positive outlook for the market. On account of these factors, IMARC Group expects the market to grow at a CAGR of 12.5% during 2021-2026.

Explore full report with table of contents:

Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.

  • Suguna Foods Private Limited
  • Japfa Comfeeds India Pvt. Ltd.
  • Venkateshwara Hatcheries Pvt. Ltd.
  • Anmol Feeds Pvt. Ltd.
  • Godrej Agrovet Limited (GAVL)
  • SKM Animal Feeds and Foods (India) Ltd.
  • Cargill, Incorporated.
  • Kapila Krishi Udyog Ltd.
  • Amrit Group, KSE Ltd.
  • Avanti Feeds Ltd.
  • Uno Feeds
  • Growel Feeds Pvt. Ltd.
  • C P Aquaculture India Pvt. Ltd.
  • Mulpuri Foods and Feeds Pvt. Ltd.
  • The Waterbase Ltd.
  • Grobest Feeds Corporation India Ltd.

Indian Animal Feed Market Segmentation:

Our report has categorized the market based on regional insights and product type.

Breakup by Product Type:

  • Poultry Feed
  • Cattle Feed
  • Aquafeed

Regional Insights:

  • South India
  • North India
  • East India
  • West India

Key highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

About Us

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.

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.

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