The egg demand in India is forecasted to grow progressively from 2024 to 2028, with an anticipated increase in volume from 5.53 to 5.83 million metric tons. Assuming a base volume similar to 2024, we note continuous yearly growth. The year-on-year increase is approximately 1.5%, following consistent upward trends seen over the past years. With this growth, a Compound Annual Growth Rate (CAGR) of about 1.82% is projected from 2024 to 2028. Factors such as rising population, increased health consciousness, and dietary shifts continue to drive this demand.
Future trends to watch for include:
- Government initiatives promoting nutrition and protein-rich diets.
- Potential shifts towards sustainable and organic egg production.
- Economic factors influencing household purchasing power.
