India Animal Feed Market Outlook, 2027


Posted April 9, 2022 by Kavita

Bharat Book Bureau Provides the Trending Market Research Report on “India Animal Feed Market Outlook, 2027 “under Food & Beverage category.
 
Bharat Book Bureau Provides the Trending Market Research Report on “India Animal Feed Market Outlook, 2027 “under Food & Beverage category. The India Animal Feed Market is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.


Gone are the days when animals required only natural grazing lands and some grains for their survival. The decreasing graze lands, increasing pollution levels has arisen the need for animal feed. Animals need quality feeds as nutrition for efficient milk or meat production, body maintenance and better reproduction. A good quality animal feed in desired quantity would be easily digestible and ingestible. By selecting best quality raw materials fortified with nutrients like amino acids, mineral supplements and vitamins and further additives would enhance overall animal sustainability. The rise for animal protein, dairy products consumption and breeding of livestock’s is driving the animal feed market in India. All markets have particular restraints and animal feed is no different. High import duties, vague regulatory regimes, price volatility of raw materials and animal diseases outbreak are some of the restraints of this market. Further, the market growth can be attributed to nontraditional feed ingredients, genetically modified feeds and technological developments in the industry.

According to the report “India Animal Feed Market Outlook, 2026-27”, the market is anticipated to grow at a CAGR of 2.48%. Indian dairy milk production and consumption is highest among the world countries. As a result of which Cattle feed is the predominant livestock segment with cereals as main feed ingredient. Cereals derived from plants as an ingredient are expected to be continuing their dominance over the forecast period as well. Rising meat demands are fostering the pig feed market during the forecast period. The market is very lucrative with many domestic players, some multinationals and new entrants. Only 4% of India’s total cropping land is used as fodder crops, which will further bolster the animal feed market growth. Animal feed is important for ultimate output to be of good quality like eggs, milk, meat and fish.

The adoption of animal feed has led to an increase in per capita availability of milk in India from 178gms a day to 394 gms a day since 1991-92 to 2018-19. The average milk yield per cow has increased by 35%, yielding about 1700 kg milk from the earlier statistics of 1259 kg in 2009-10. Agricultural ministry has planned to upgrade and foster cross-breeding to increase milk production. Further, Department of Animal Production and Dairy is promotinggreen fodder cultivation in the country that includes napier, marvel grass, moringa, bajra, jowar, cow peas, velvet beans, oats, rye grass and chinese cabbage. Market players are eyeing expansion of their feed mills or collaborations with multinationals. Addition of new plant capacities and innovations in new feed products will further bolster the market.

One of the major challenges faced by animal farmers is storage of food grains for longer period of times. This causes physical, chemical and biological changes in them if not stored properly. This food grains are categorized into five segments for their disposal. Depending upon the level of damage it is ascertained whether to be used as cattle feed, poultry feed, industrial use, manure or just dumped off. In 2021 the outbreak of bird flu further crashed the poultry meat demand.
The pandemic resulted into lack of dairy produce due to transportation in India. The feed ingredients were not delivered on time due to lockdowns and the Uttar Pradesh dairy industry was hard hit. As many textile mills shut down, the cottonseed feed was hit. Others opted for molasses as a byproduct from sugar processing. The dairy farmers had to pay high prices to acquire animal feed. In some parts of North India flowers were sold as animal feed.

Major Companies present in the market:
Cargill India Pvt ltd, C P Aquaculture India Pvt. Ltd., ADM Agro Industries India Pvt. Ltd., Godrej Agrovet Ltd. (GAVL), Avanti Feeds Ltd., Kerala Solvent Extractions Ltd (KSE), Suguna Foods Private Limited, SKM Animal Feeds and Foods (India) Ltd., Growel Feeds Pvt. Ltd., The Waterbase Ltd., Bunge India Pvt.Ltd, Novus Animal Nutrition (India) Pvt. Ltd., Avitech Nutrition Pvt Ltd, Golden Feeds Ltd, Anmol Feeds Pvt. Ltd., Japfa Comfeeds India Pvt. Ltd., kapila krishi udyog ltd, grobest feeds corp india ltd, Matrix life science, Prakash food & feed mills pvt ltd

Considered in this report
• Geography: India
• Base year: 2020-21
• Historical year: 20215-16
• Forecasted year: 2026-27

Aspects covered in this report
• India animal feed market with its value and forecast along with its segments
• State wise micro irrigation system market analysis
• Application wise micro irrigation system distribution
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
• PEST Analysis

By Livestock Type in the report:
• Cattle Feed
• Poultry feed
• Pig Feed
• Aqua Feed
• Others

By Ingredient in the report:
• Cereals
• By products
• Cakes & Meals
• Supplements
• Others

By Form in the report
• Pellet
• Mesh
• Crumbles
• Others

By Source in the report
• Plant based
• Animal based

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to animal feed industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.


Browse our full report with Table of Contents:
https://www.bharatbook.com/report/1341213/india-animal-feed-market-outlook

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Contact Email [email protected]
Issued By Kavita Krishna
Phone +91 22 27810772 / 27810773
Business Address 808, Real Tech Park, Sector - 30A, Vashi, Navi Mumbai
Country India
Categories Business
Tags india animal feed market
Last Updated April 9, 2022