India Meat Market (2023-2029) | Size, Revenue, Trends, Growth, Companies, Share, Industry, COVID-19 IMPACT, Analysis, Value, Forecast & Outlook

India Meat Market  Highlights

Report Name	India Meat Market
Base Year	2022
Historical Period	2019-2022
Forecast Period	2023-2029
Growth Rate	7.6%
Report Coverage	Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share
Segment Coverage	By Product, By Type, By Distribution Channel
Customization Scope	100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com
Pricing and Purchase Options	Avail customization purchase option to know the exact pricing of your research needs

Topics Covered in India Meat Market Report

India Meat Market report thoroughly covers the market by product, by type, by distribution channel. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

India Meat Market Synopsis

India Meat Market has been rising at a faster pace and it is anticipated to attain more success during the forecast period. A number of drivers have been helping in escalating the growth of the market in the country. Growing health concerns regarding the consumption of red meat is the major factor contributing to the growth of this market.

According to 6Wresearch, the India Meat Market size is projected to rise at a compound annual growth rate of 7.6% during 2023–2029. The sector is majorly driven by the growing demand for packaged and processed meat products. The rising health concerns regarding consumption of red meat is likely to stimulate the growth of white meat such as poultry and fish, which will have a positive impact on the India Meat Market. Some other key drivers of the market growth include rising population levels, health consciousness among consumers, increasing per capita income levels, favorable government regulations on poultry production and imports/exports from neighboring countries like Bangladesh and Nepal. Additionally, technological advances such as precision farming techniques are helping improve animal husbandry practices which can further enhance productivity levels across different segments of this industry. The future of the market will be bright as many factors support the market progression. Despite these positive trends there are still some challenges that face the India meat industry including high operating costs due to inadequate infrastructure; availability of unhygienic or substandard products; lack of cold storage facilities; stringent regulations affecting exports/imports from other countries; and poor animal husbandry practices leading to low productivity rates.

Impacts of the COVID-19 Pandemic on Meat Market in India

During the early stages of the COVID-19 pandemic, there were some disruptions in the supply chain on account of the lockdowns as well as restrictions on movement which did not only affect the meat market in India but it also affected the Asia Pacific Meat Market. This affected the transport and distribution of meat products, which led to temporary shortages in many areas. Some consumers in the country, like in many other parts of the world, changed their consumption patterns during the tough time. There was also an increase in demand for processed and packaged meat products on the back of the hygiene concerns. Livestock farming confronted difficulty due to disruptions in the supply chain of animal feed, labor shortages, as well as challenges in transporting animals to industries. This affected the production of meat in the nation. International trade in meat products affected by restrictions on imports and exports, on account of the logistical challenges and sanitary concerns. Prices of meat experienced fluctuations as there were changes in supply and demand dynamics, and operational challenges confronted by producers.

Key Players of the Market

The key players driving growth within this sector are Godrej Agrovet Ltd., Venkyas (India) Ltd., Suguna Foods Pvt Ltd., Tyson Foods etc. These companies have strong distribution networks across India, enabling them to reach out to customers quickly while also providing value added services like freshness guarantees which helps set them apart from smaller competitors operating at local level. Furthermore, their focus on research & development efforts helps ensure supply chain efficiencies through improved product quality standards along with cost savings opportunities arising out of economies-of-scale operations

Indian Meat Market Size

India Meat Market has been accomplishing success and the size of this market is continuously growing since the establishment of this market and this success of the industry depends on several factors. One key factor is the health benefits of consuming meat in the country. Diversification of products is another factor contributing to the progression of the market. The market offers diverse range of meat products including traditional options such as mutton, seafood, chicken, and exploring options such as lab-grown or plant-based meats. Ensuring high-quality, safe, and high-quality meat products is essential. Incorporating modern technologies in areas such as processing, packaging, as well as distribution may aid in enhance efficiency, improve product quality, and reduce waste. All these factors help in the India Meat Market Growth.

Government Initiatives in India Meat Market

The government of the country has been taking a number of initiatives that have been aiding the market growth. One key initiative is the National Livestock Mission which aims at sustainable development of livestock and it focuses on rising production of livestock and product, which has a direct impact on the meat market. Another program is the National Programme for Bovine Breeding and Dairy Development focuses on enhancing productivity of dairy as well as meat. National mission on food processing helps in establishing the meat processing unites as well as cold storage facilities that directly benefit the market.

Market by Product

On the basis of type, chicken meat acquired the highest consumption in India. It was preferred due to its relatively lower cost, versatility, and lower cultural and religious restrictions compared to beef or pork. The same segment will continue to rise in the near future.

Market by Type

Based on type, raw meat products such as whole cuts and unprocessed meats, were stable in the market. Processed meat products such as sausages, bacon, and other value-added items experienced growth owing to the changing preferences of consumers.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• India Meat Market Outlook
• Market Size of India Meat Market, 2022
• Forecast of India Meat Market, 2029
• Historical Data and Forecast of India Meat Revenues & Volume for the Period 2019 - 2029
• India Meat Market Trend Evolution
• India Meat Market Drivers and Challenges
• India Meat Price Trends
• India Meat Porter's Five Forces
• India Meat Industry Life Cycle
• Historical Data and Forecast of India Meat Market Revenues & Volume By Product for the Period 2019 - 2029
• Historical Data and Forecast of India Meat Market Revenues & Volume By Chicken for the Period 2019 - 2029
• Historical Data and Forecast of India Meat Market Revenues & Volume By Beef for the Period 2019 - 2029
• Historical Data and Forecast of India Meat Market Revenues & Volume By Pork for the Period 2019 - 2029
• Historical Data and Forecast of India Meat Market Revenues & Volume By Mutton for the Period 2019 - 2029
• Historical Data and Forecast of India Meat Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of India Meat Market Revenues & Volume By Type for the Period 2019 - 2029
• Historical Data and Forecast of India Meat Market Revenues & Volume By Raw for the Period 2019 - 2029
• Historical Data and Forecast of India Meat Market Revenues & Volume By Processed for the Period 2019 - 2029
• Historical Data and Forecast of India Meat Market Revenues & Volume By Distribution Channel for the Period 2019 - 2029
• Historical Data and Forecast of India Meat Market Revenues & Volume By Departmental Stores for the Period 2019 - 2029
• Historical Data and Forecast of India Meat Market Revenues & Volume By Specialty Stores for the Period 2019 - 2029
• Historical Data and Forecast of India Meat Market Revenues & Volume By Hypermarket/ Supermarket for the Period 2019 - 2029
• Historical Data and Forecast of India Meat Market Revenues & Volume By Online Sales Channel for the Period 2019 - 2029
• Historical Data and Forecast of India Meat Market Revenues & Volume By Others for the Period 2019 - 2029
• India Meat Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Distribution Channel
• India Meat Top Companies Market Share
• India Meat Competitive Benchmarking By Technical and Operational Parameters
• India Meat Company Profiles
• India Meat Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product

• Chicken
• Beef
• Pork
• Mutton
• Others

By Type

• Raw
• Processed

By Distribution Channel

• Departmental Stores
• Specialty Stores
• Hypermarket/ Supermarket
• Online Sales Channel
• Others