Indian Animal Feed Market Report by Product Type (Poultry Feed, Cattle Feed, Aquafeed), and Region 2024-2032

Indian Animal Feed Market Report by Product Type (Poultry Feed, Cattle Feed, Aquafeed), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A1041
Buy Now

Market Overview:

The Indian animal feed market size reached INR 1,035.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach INR 1,964.8 Billion by 2032, exhibiting a growth rate (CAGR) of 7.2% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
INR 1,035.2 Billion
Market Forecast in 2032
INR 1,964.8 Billion
Market Growth Rate 2024-2032 7.2%


India currently represents one of the largest feed producers in the world. Animal feed includes various raw, processed and semi-processed products that are fed to livestock. Some of the most common feeds include pasture grasses, cereal grains, hay and silage crops, and other by-products of food crops, such as brewers’ grains, pineapple bran and sugar beet pulp. These products are carefully formulated with the help of nutritional additives, like vitamins and minerals, to maintain the overall health of animals and improve the quality of various end-products, including eggs, meat and milk. In this country, there has been a rise in public concern regarding the safety of animal-origin food products due to the prevalence of food-borne bacterial infections, bovine spongiform encephalopathy (BSE) and dioxin contamination. These concerns have prompted regulatory organizations to inspect and improve feeding practices in the country.

Market Trends:

Recently, it was noted that raw materials used in the production of animal feed, like soybean meal, sorghum and maize, are being diverted for the consumption of humans, leading to a shortage in the feed industry. Furthermore, the expensive nature, and price and supply volatility of these raw materials is encouraging industry players to switch to sustainable and lower-cost ingredients for livestock production. Some of these novel ingredients include insect meal and Distiller’s dried grain with solubles (DDGS). Besides this, currently has a separate set of livestock policies that focus on increasing the overall productivity. Some of the schemes that are acting in favor of the animal feed market include E-Pashu Haat, Livestock Insurance Scheme, Rashtriya Gokul Mission, and National Livestock Mission. 

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Indian animal feed market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on product type.

Breakup by Product Type:

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample


At present, poultry feed is the most popular product type in the market, owing to a rapid rise in the per capita meat consumption in India.

Regional Insights:

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


On the geographical front, South India represents the leading market for animal feed, accounting for the largest market share. In recent years, the market has witnessed growth in Andhra Pradesh, Karnataka and Tamil Nadu, owing to the rise in the manufacturing of poultry products.

Competitive Landscape:

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

  • Anmol Feeds Pvt. Ltd.
  • Avanti Feeds Ltd.
  • C P Aquaculture India Pvt. Ltd.
  • Cargill Incorporated
  • Godrej Agrovet Limited (Godrej Industries Limited)
  • Grobest Feeds Corporation India Ltd.
  • Growel Feeds Pvt. Ltd.
  • Japfa Comfeeds India Pvt. Ltd. (Japfa Ltd.)
  • Kapila Krishi Udyog Ltd.
  • KSE Ltd. 
  • SKM Animal Feeds & Foods (India) Private Limited
  • Suguna Foods Private Limited
  • The Waterbase Ltd. (Karam Chand Thapar & Bros. (Coal Sales) Limited)
  • Uno Feeds
  • Venkateshwara Hatcheries Pvt. Ltd.
     

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units INR Billion, Million Tons
Segment Coverage Product Type, Region
Region Covered  North India, South India, East India, West India
Companies Covered Anmol Feeds Pvt. Ltd., Avanti Feeds Ltd., C P Aquaculture India Pvt. Ltd., Cargill Incorporated, Godrej Agrovet Limited (Godrej Industries Limited), Grobest Feeds Corporation India Ltd., Growel Feeds Pvt. Ltd., Japfa Comfeeds India Pvt. Ltd. (Japfa Ltd.), Kapila Krishi Udyog Ltd., KSE Ltd., SKM Animal Feeds & Foods (India) Private Limited, Suguna Foods Private Limited, The Waterbase Ltd. (Karam Chand Thapar & Bros. (Coal Sales) Limited), Uno Feeds, Venkateshwara Hatcheries Pvt. Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The Indian animal feed market was valued at INR 1,035.2 Billion in 2023.

We expect the Indian animal feed market to exhibit a CAGR of 7.2% during 2024-2032.

The rising demand for meat and animal-based products, along with the increasing commercial livestock production, is primarily driving the Indian animal feed market.

In India, the sudden outbreak of the COVID-19 pandemic has led to the shifting consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of animal feed.

Based on the product type, the Indian animal feed market can be categorized into poultry feed, cattle feed, and aquafeed. Currently, poultry feed holds the majority of the total market share.

On a regional level, the market has been classified into North India, South India, East India, and West India, where South India currently dominates the market.

Some of the major players in the Indian animal feed market include Anmol Feeds Pvt. Ltd., Avanti Feeds Ltd., C P Aquaculture India Pvt. Ltd., Cargill Incorporated, Godrej Agrovet Limited (Godrej Industries Limited), Grobest Feeds Corporation India Ltd., Growel Feeds Pvt. Ltd., Japfa Comfeeds India Pvt. Ltd. (Japfa Ltd.), Kapila Krishi Udyog Ltd., KSE Ltd., SKM Animal Feeds & Foods (India) Private Limited, Suguna Foods Private Limited, The Waterbase Ltd. (Karam Chand Thapar & Bros. (Coal Sales) Limited), Uno Feeds, Venkateshwara Hatcheries Pvt. Ltd., etc.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Indian Animal Feed Market Report by Product Type (Poultry Feed, Cattle Feed, Aquafeed), and Region 2024-2032
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More