Explain the existing position of Poultry Industry in India.
Answers
India with a population of 1.25 billion people is highly focussing on “Development” i.e. Good Food, Better Health & Living conditions for everyone. With the increase in the incomes, people can now afford better nutrition and hence, since last two decades the demand for eggs and chicken is growing.
The recent data of the year 2017 states that the egg production in India is 75 billion and the broiler production is 4.2 million tonnes per annum. The growth rate of layer market is 6-7 percent per annum and broiler market is 8-10 percent per annum. Approx. 75 percent of egg production is contributed by commercial poultry farms, remaining comes from household/backyard poultry.
Total poultry feed production of the country stands at 22 million tonnes. The Indian poultry sector is valued at INR 1 lakh cr or USD 15.38 bn.
In coming years, poultry production and consumption in India is predicted to grow due to various factors such as a shift in food habits, urbanization, increasing awareness of balanced nutrition etc. The broiler meat consumption pattern shows that around 62 percent of meat is consumed in major 10 cities and rest of the consumption comes from other cities with a smaller percentage from villages.