Forecast: Poultry Meat Production at Farm Gate in India

The analysis of poultry meat production at farm gate in India shows a dynamic growth pattern over the past years. Starting from 4.24 Billion Euros in 2013, the production value escalated significantly to 12.15 Billion Euros in 2023. The year-on-year variation reveals a mixed trend with notable increases in 2015 (+27.92%), 2016 (+25.23%), and 2019 (+24.25%), followed by more moderate growth in recent years (+6.34% in 2023). The average growth per year over the last 5 years stands at a CAGR of 9.37%, indicating robust growth despite occasional fluctuations.

In future trends to watch for, the forecast data suggests continuous growth with the production value expected to reach 15.66 Billion Euros by 2028. This projection translates into an average yearly growth rate (CAGR) of 4% for the next five years, hinting at a steady yet decelerating expansion. Key trends to monitor include advancements in poultry farming technologies, shifts in consumer dietary preferences, and fluctuations in feed prices and agricultural policies impacting production costs and yields.