- India’s population is 1.37bn. It is projected to overtake China as the world’s most populous country in 2027.
- India’s poultry population is 835m.
- Average annual egg consumption per person more than doubled between 2014 and 2019 (from 30 to 68). In the same period, average annual chicken consumption increased more than six-fold (from 400g to 2.5kg a year).
- The Indian poultry market was worth INR 1,750bn (US$25.4bn) in 2018 and the market is projected to reach INR 4,340bn (US$63.1bn) by 2024, growing at a compound annual growth rate of 16.2% during 2019-2024.
Poultry in India
Poultry production in India has undergone a major shift over the past two decades, being transformed from a backyard activity into a major industry