Market Forecast By Source (Organic, Conventional), By Application (Agriculture, Industrial), By Sales Channel (Direct Sales, Indirect Sales) And Competitive Landscape
Product Code: ETC380784 | Publication Date: Aug 2023 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
India Cattle Feed market currently, in 2023, has witnessed an HHI of 1263, Which has increased slightly as compared to the HHI of 1026 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | India Cattle Feed Market |
Forecast period | 2025-2031 |
CAGR | 6.3% |
Growing Sector | Agriculture |
The India Cattle Feed Market Report thoroughly covers the market by source, application, and sales channel. The India Cattle Feed Market Outlook report provides an unbiased and detailed analysis of the ongoing India Cattle Feed Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
India cattle feed market is expected to grow at a rapid pace in the years to come from 2024 to 2030. This growth can be attributed to the increasing demand for animal products in the country, as well as government initiatives promoting the use of high-quality cattle feed.
According to 6Wresearch, the India Cattle Feed Market size is projected to rise at a CAGR of 6.3% during 2025-2031. One of the major drivers for this market is the rising population and urbanization in India. With a growing population, the demand for animal products such as milk, meat, and eggs is also increasing. This has led to an increase in the number of cattle being reared, resulting in a higher demand for cattle feed. Moreover, with rapid urbanization and changing dietary habits, there is a shift towards more protein-rich diets which has further fueled the demand for animal products. This has created a significant market for cattle feed in India.
The cost of ingredients like maize, soybean meal, and fishmeal can greatly impact the final price of cattle feed, making it difficult for some farmers to afford. Another key challenge for the market is the lack of awareness and education among small-scale farmers about the importance of high-quality cattle feed.
The key players operating in the India cattle feed market include companies like Godrej Agrovet, Amul, Nestle India and Cargill India among others. These companies have been investing in advanced technologies to improve the quality of their products and increase production capacity to meet the growing demand.
The Indian government has also taken initiatives to support the growth of the cattle feed market. In 2019, the government announced a 15% subsidy on cattle feed to promote its usage and boost livestock productivity. Other initiatives include setting up of dedicated research institutes to develop new and efficient feed options, providing financial assistance for establishing feed mills and promoting the use of balanced nutrition in animal diets.
Indian cattle feed market is expected to continue growing due to increasing demand and government support. With advancements in technology and increased awareness, the market is also becoming more organized and standardized. This will ultimately benefit farmers by providing them with access to high-quality cattle feed at affordable prices, resulting in improved productivity and profitability of their livestock.
According to Sachin, Senior Research Analyst, 6Wresearch, the source segment that is currently experiencing growth in the Indian cattle feed market is organic feed. Organic cattle feed refers to feed that is produced without the use of synthetic pesticides, fertilizers, or genetically modified organisms (GMOs).
The agriculture segment is currently the fastest-growing application segment of the India cattle feed market. Cattle are an integral part of the Indian agricultural sector, with a significant number of farmers owning and using them for various purposes.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Cattle Feed Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Cattle Feed Market Revenues & Volume, 2021 & 2031F |
3.3 India Cattle Feed Market - Industry Life Cycle |
3.4 India Cattle Feed Market - Porter's Five Forces |
3.5 India Cattle Feed Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 India Cattle Feed Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Cattle Feed Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 India Cattle Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Cattle Feed Market Trends |
6 India Cattle Feed Market Segmentations |
6.1 India Cattle Feed Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 India Cattle Feed Market Revenues & Volume, By Organic, 2021-2031F |
6.1.3 India Cattle Feed Market Revenues & Volume, By Conventional, 2021-2031F |
6.2 India Cattle Feed Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Cattle Feed Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.3 India Cattle Feed Market Revenues & Volume, By Industrial, 2021-2031F |
6.3 India Cattle Feed Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 India Cattle Feed Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.3.3 India Cattle Feed Market Revenues & Volume, By Indirect Sales, 2021-2031F |
7 India Cattle Feed Market Import-Export Trade Statistics |
7.1 India Cattle Feed Market Export to Major Countries |
7.2 India Cattle Feed Market Imports from Major Countries |
8 India Cattle Feed Market Key Performance Indicators |
9 India Cattle Feed Market - Opportunity Assessment |
9.1 India Cattle Feed Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 India Cattle Feed Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Cattle Feed Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 India Cattle Feed Market - Competitive Landscape |
10.1 India Cattle Feed Market Revenue Share, By Companies, 2024 |
10.2 India Cattle Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |