Pro
Food & Beverage
Australia & New Zealand Dried Fruits MARKET By Application
| Label | USD Million |
|---|---|
| 2018 | 8145.12331145244 USD Million |
| 2019 | 8401.64887198569 USD Million |
| 2020 | 7892.25652353365 USD Million |
| 2021 | 7980.14050333747 USD Million |
| 2022 | 8150.60361904303 USD Million |
| 2023 | 8393.86481049088 USD Million |
| 2024 | 8700.90802737083 USD Million |
| 2025 | 9072.75133323399 USD Million |
| 2026 | 9492.63674742195 USD Million |
| 2027 | 9959.87770335657 USD Million |
| 2028 | 10553.0685632571 USD Million |
| 2029 | 11181.5731343225 USD Million |
| 2030 | 11858.575407744 USD Million |
| 2031 | 12588.3035714545 USD Million |
| 2032 | 13350.4591531237 USD Million |
Data Source: Wantstats Repository
Market Dynamics
The demand for poultry feed in India is forecasted to rise steadily in the coming decade, due to increasing domestic production of broiler and layer chickens, which are the primary sources of dietary protein for India’s population. India is one of the world’s fastest-growing poultry markets, with an estimated 220-240 million mt of chicken meat produced each year. This makes poultry feed one of the most important inputs into poultry production. Poultry feed includes a mix of corn, soybeans, rice, and wheat, supplemented with vitamins and minerals, protein, and other additives. Poultry feed producers in India face several challenges, including rising production costs due to the rising cost of raw materials, shortage of grain supplies, and unavailability of quality ingredients. Additionally, India’s livestock industry is facing a shortage of skilled labor, which is a major obstacle to increasing feed production. However, the Indian Government is taking measures to boost the production of poultry feed, such as increasing access to subsidies for grain and other poultry feed ingredients. It is working to improve infrastructure in rural areas, which will lead to expanded access to poultry feed inputs.
Moreover, organic and herbal feed are becoming more popular, leading to increased demand for these types of products. In the coming decade, India is likely to experience sustained strong demand for poultry feed, which will lead to increased production of feed ingredients. To leverage this trend, producers should focus on maintaining high standards of production, as well as exploring the potential offered by organic and herbal feed. They should also invest in research and development to gain access to new, more efficient feed production methods. Furthermore, the government should continue to issue subsidies and other support programs to ensure availability of poultry feed and its raw materials. Ultimately, the outlook for the India poultry feed market looks promising, considering the consistent rise in domestic demand for poultry feed. This is likely to open up new opportunities for the industry in the coming years, providing producers with the tools they need to capitalize on the growing demand.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
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Strategy & Business Development Director, Dogan Holding
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