The forecast for poultry meat excess feed cost in India shows a steadily increasing trend from 2024 to 2028, with values rising from 211.97 million USD in 2024 to 230.66 million USD in 2028. This represents a consistent year-on-year growth, indicating increasing costs in the sector. Prior to 2024, actual data from 2023 is not provided, making it challenging to contrast recent trends. However, from the forecasted data, the compound annual growth rate (CAGR) over the five-year period is indicative of a gradual increase in the excess feed costs encountered by the poultry meat industry.
Future trends to monitor include potential impacts of climate change on crop yields and feed availability, potential regulatory changes, and shifts in consumer demand for poultry meat. These factors could influence feed costs and require strategic adjustments from producers to manage cost efficiencies and sustainability goals.
