India Meat & Poultry Market (2024-2030) | Analysis, Growth, Industry, Share, Value, Revenue, Companies, Forecast, Size, Trends & Outlook

India Meat & Poultry Market Synopsis

The India meat and poultry market is projected to grow at a CAGR of 11.8% during the forecast period (2020-2026). The country has witnessed an increase in per capita consumption of this segment due to increased awareness about food safety, convenience, rising incomes, and changing lifestyles. The growing demand for processed meat products such as sausages, bacon, lunch meats, etc., are further driving the growth of the market.

Drivers of the Market:

1. Growing disposable income- Rising consumer disposable income has resulted in people increasing their spending towards healthy dietary habits which include consuming high quality meat & poultry products such as chicken breasts or steaks which command higher prices than other types of proteins like fish or eggs

2. Changing lifestyle- The shift from traditional cooking methods to more convenient options such as microwaves or pre-cooked meals have made it easier for consumers to consume ready-to-eat and packaged food items containing chicken or pork based dishes

3. Increased awareness regarding protein diet - Consumers are becoming increasingly aware about health benefits associated with consuming protein rich foods like red meats & poultry which is driving its consumption among health conscious individuals

Challenges of the Market:

1. High cost? Meat & Poultry being one of the most expensive sources of proteins available in India makes it unaffordable for large sections leading them to opt out from purchasing these commodities

2 Unhygienic handling practices ? Unorganized retail outlets lack proper hygiene conditions while procuring and storing raw materials resulting in contamination and adulteration issues leading customers away from buying them

Trends of the Market:

1 Growing preference towards organic/ natural brands ? Rapidly expanding urban population coupled with their willingness to pay premium prices for organic/natural products is creating significant demand for certified organic/natural food including that derived from animals

2 Increasing demand for processed meats? Consumers today seek convenience when it comes to making meal choices thus spurring a massive demand surge across countries especially India where readymade snacks made up of processed meats have become quite popular 3 Emergence of online stores ? Emergence e commerce channels offering delivery services allowing customers purchase fresh meat & poultry through online platforms without visiting physical stores

Key Players of the Market:

Some major players operating in the Indian Meat & Poultry market are Venky?s India Limited , Suguna Foods Private Limited , Godrej Agrovet Ltd., Amrit Group Of Companies Pvt Ltd., BRF

Key Highlights of the Report:

• India Meat & Poultry Market Outlook
• Market Size of India Meat & Poultry Market, 2023
• Forecast of India Meat & Poultry Market, 2030
• Historical Data and Forecast of India Meat & Poultry Revenues & Volume for the Period 2020-2030
• India Meat & Poultry Market Trend Evolution
• India Meat & Poultry Market Drivers and Challenges
• India Meat & Poultry Price Trends
• India Meat & Poultry Porter's Five Forces
• India Meat & Poultry Industry Life Cycle
• Historical Data and Forecast of India Meat & Poultry Market Revenues & Volume By Poultry Type for the Period 2020-2030
• Historical Data and Forecast of India Meat & Poultry Market Revenues & Volume By Chicken for the Period 2020-2030
• Historical Data and Forecast of India Meat & Poultry Market Revenues & Volume By Turkey for the Period 2020-2030
• Historical Data and Forecast of India Meat & Poultry Market Revenues & Volume By Ducks? for the Period 2020-2030
• Historical Data and Forecast of India Meat & Poultry Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of India Meat & Poultry Market Revenues & Volume By Meat Type for the Period 2020-2030
• Historical Data and Forecast of India Meat & Poultry Market Revenues & Volume By Pork for the Period 2020-2030
• Historical Data and Forecast of India Meat & Poultry Market Revenues & Volume By Mutton for the Period 2020-2030
• Historical Data and Forecast of India Meat & Poultry Market Revenues & Volume By Processed Beef for the Period 2020-2030
• Historical Data and Forecast of India Meat & Poultry Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of India Meat & Poultry Market Revenues & Volume By End-Users for the Period 2020-2030
• Historical Data and Forecast of India Meat & Poultry Market Revenues & Volume By Retail for the Period 2020-2030
• Historical Data and Forecast of India Meat & Poultry Market Revenues & Volume By Food-Services for the Period 2020-2030
• India Meat & Poultry Import Export Trade Statistics
• Market Opportunity Assessment By Poultry Type
• Market Opportunity Assessment By Meat Type
• Market Opportunity Assessment By End-Users
• India Meat & Poultry Top Companies Market Share
• India Meat & Poultry Competitive Benchmarking By Technical and Operational Parameters
• India Meat & Poultry Company Profiles
• India Meat & Poultry Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):