Indian Animal Feed Market Size, Share, Outlook, Business Strategy, Industry Trends & Forecast by 2023
A new research report by IMARC Group has added a report that titled “Indian Animal Feed Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” which offer details about the current trends and analysis, as well as scope for the near future. Indian animal feed market overview includes market by size, market by volume, market share by business type and by segment. The market research study also covers information about the product type, application, active regions and its geographical presence.
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The Indian animal feed market value was worth INR 348 Billion in 2017. The market is around projected to reach INR 788 Billion by 2023, at a CAGR of 14.5% during 2018-2023. The increasing demand for dairy product and animal protein has resulted in a growing livestock population in India, which in turn has increased the demand for animal feed. Currently the poultry, aqua and dairy industry accounts for the major share of the Indian animal feed industry. Modern animal feed products are manufactured by carefully selecting and blending ingredients to impart highly nutritional diets that both increase the quality of its end products such as meat, milk, eggs and at the same time maintain the health of the animal.
Market Demand Split info:
- Batter
- Milk
- Meat
- Eggs
Market by Product Types Split into:
- Cattle Feed
- Aqua Feed
- Poultry Feed
Market by Region Split into:
- East India
- West India
- North India
- South India
Get More Information about This Report with TOC & List of Figure: https://www.imarcgroup.com/indian-animal-feed-market
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