In 2023, India's broiler meat supply stood at 5.26 million metric tons. Forecasts suggest a consistent upward trajectory, with the supply expected to reach 6.02 million metric tons by 2028. The average annual growth rate (CAGR) over the five-year period (2024-2028) is projected at approximately 2.73%.
Year-on-year growth rates indicate a stable increase: 2.96% from 2024 to 2025, 2.69% from 2025 to 2026, 2.62% from 2026 to 2027, and 2.56% from 2027 to 2028. These percentages reflect a steady rise in broiler meat supply amidst increasing demand.
Future trends to watch for include:
- Impact of economic growth on consumption patterns.
- Influence of climate change and policies on poultry farming practices.
- Potential shifts in consumer preferences toward plant-based proteins.
- Technological advancements in poultry farming enhancing productivity.
