The report includes detailed analyses of animal feed market in India, information on major producers, distributing companies and buyers.
Increasing demand for animal-based products is expected to accelerate the existing growth potential of the Indian animal feed market in the coming years.
This report, Animal Feed Market in India 2014, highlights the competitive market scenario of the Indian animal feed market and its growth prospects in the ensuing years. The report provides a snapshot of the market overview of the animal feed industry in India. It also highlights the global market scenario of the animal feed industry.
The Indian animal feed market is experiencing rising demand due to various driving factors which, in turn, have been instrumental in providing immense opportunities to manufacturers to grow and operate in the market lucratively. The Indian animal feed market is classified into three broad segments — poultry feed, cattle feed and aqua feed. Poultry feed is more popular than the others. The report also gives an insight into further segmentation of these sub-markets. Moreover, the animal feed market is dominated by a large number of unorganized manufacturers.
Certain factors have worked towards enabling the animal feed sector to grow in recent years. These include growth in livestock population, untapped market potential, increasing domestic consumption of animal products and growth of end-user industries. In addition to these, the other factors that are contributing towards the rapid growth of the industry include favorable demographics and increase in disposable income.
For the animal feed segment, various governmental policies and schemes are being implemented under the 12th Five Year Plan. These initiatives are aimed at improving the status of the animal feed industry to support future demand.
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