The forecast for broiler meat domestic consumption in India from 2024 to 2028 shows a steady increase, starting at 5.39 million metric tons in 2024 and reaching 5.94 million metric tons in 2028. In 2023, the consumption stood at approximately 5.26 million metric tons, indicating a positive growth trend. The year-on-year increase is consistent, showing favorable demand conditions. Over the five-year period, the compound annual growth rate (CAGR) is modest yet significant, reflecting consistent market expansion.
Future trends to watch for include:
- Rising consumer incomes leading to increased protein consumption.
- Potential dietary shifts towards more plant-based options affecting demand.
- Impact of urbanization and lifestyle changes on meat consumption patterns.
