Key Market Indicators
India's animal feed export is expected to reach 190 million kilograms by 2026, up from 159 million kilograms in 2021. This marks an annual growth rate of 2.8%. Since 1993, the country's exports have grown by 6.8% annually. India ranked 25th in 2021, while Serbia was ahead with 159 million kilograms. Germany, Belgium and the United States ranked second, third and fourth, respectively. India's animal feed import is on track to reach 242 million kilograms by 2026, up from 196 million kilograms in 2021. This marks an average annual growth rate of 3.3%. Since 1993, the country's demand has grown by 8.5% annually. In 2021, India was ranked 26th, with Slovakia ahead with 196 million kilograms. Germany, Belgium and Ireland ranked second, third and fourth, respectively.