In 2023, the egg market size volume in India stood at 4.68 million metric tons. From 2024 to 2028, forecasted values show a steady growth pattern where the volume increases from 4.74 million metric tons in 2024 to 5.0 million metric tons in 2028.
Year-on-year variations indicate a gradual increase in market size volume:
- 2024: 1.28%
- 2025: 1.48%
- 2026: 1.26%
- 2027: 1.44%
- 2028: 1.21%
The Compound Annual Growth Rate (CAGR) for the 5-year period (2024-2028) is approximately 0.67% per year.
Future trends to watch for:
- Increasing population and urbanization leading to higher demand for protein-rich foods
- Adoption of healthier diets focusing on high-protein intake
- Potential impact of government policies aimed at enhancing the poultry industry
- Technological advancements in egg production and supply chain efficiencies
- Environmental and sustainability considerations in poultry farming practices