The "India Animal Feed Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.
India Animal feed market is expected to grow at a compound annual growth rate of 6.09% over the forecast period to reach a market size of US$16.653 billion in 2025 from US$11.677 billion in 2019.
Purina Animal Nutrition (Land O'Lakes)
Archer Daniels Midland
Amritsar Feeds Ltd.
Currently commercial feed industry accounts for more than half of the total animal feed market in India. The commercial feed industry largely caters to poultry followed by aquaculture and dairy cattle respectively. Moreover, corn and soybean meals dominate the commercial feed market, which is supplemented by other coarse grains and other oilseed meals depending on relative pricing. Small quantities of DDGS from grain-based ethanol plants that use broken rice and other inferior quality/damaged grains are used by poultry and aquaculture feed manufacturers. Over the last few decades poultry, cattle, and aqua feed sectors emerging as major growth drivers. Further, Due to the growing Indian economy and expanding consuming class especially the middle and higher income), the growing demand for meat/animal protein derived from the poultry and livestock sector have been fueling demand for animal feed.
Over the last decade, the poultry industry has been growing significant and the organized dairies which are establishments with more than 20 herds are growing exponentially. Most commercial feed caters to the poultry and aquaculture sectors, which largely uses corn, oilseed meals, other coarse grains, and small quantities of inferior quality wheat. Moreover, India's dairy sector largely comprises small-scale dairy farmers who have 2-3 animals with operations running form their house and consumes limited amounts of compound feed. Most of the animal feed consumption of the dairy sector of the country is restricted to lactating animals. The animal feed to this comprises mostly of oil cakes, household food waste, inferior quality wheat, and other grain mixes. As a recent trend higher-yielding, crossbred cows and buffaloes are being preferred over local low-yielding dairy animals, which is increasingly necessitating the use of high-energy feed. Besides, higher spoilage of 'relatively' excess government-held wheat stock is leading to more diversion of the aforementioned to animal feed [Source: USDA].
The situation prevailing in the livestock sector is also conducive to propel the animal feed market in India. To this end, India's cattle (Bos Taurus or Bos indicus) and water buffalo (Bubalus bubalis) herd size is estimated to grow significantly. It is also estimated that the carabeef and beef production will incrementally rise to 4.30 MMT carcass weight equivalent (CWE), marginally increase as compared to that of last year.
Further, theirs is a growing interest in new markets to buy carabeef in smaller lots leading to marginally higher Indian export sales compared to that of the last year[Source: USDA]. The realization of the important animal husbandry towards a self-reliant India has also led the announcement of the establishment of Animal Husbandry Infrastructure Development Fund worth Rs. 15,000 crores with the objective support cattle feed infrastructure, among others by the Ministry of Finance, Government of India.
Key Topics Covered:
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. India Animal Feed Market, By Type
5.4. Compound Feed
6. India Animal Feed Market, By Livestock
6.2. Aquatic Animals
7. India Animal Feed Market, By Form
8. India Animal Feed Market, By Production Systems
8.3. Commercial Mills
9. India Animal Feed Market, By Source
10. India Animal Feed Market, By Raw Materials
10.2. Cereals & grains
11. Competitive Environment and Analysis
11.1. Major Players and Strategy Analysis
11.2. Emerging Players and Market Lucrativeness
11.3. Mergers, Acquisitions, Agreements, and Collaborations
11.4. Vendor Competitiveness Matrix
12. Company Profiles
12.2. Cargill, Incorporated
12.3. Purina Animal Nutrition (Land O'Lakes)
12.4. Archer Daniels Midland
12.5. BASF SE
12.6. Godrej Agrovet
12.7. Golden Feeds
12.8. Amrit Feeds Ltd.
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