India's animal feed industry is a cornerstone of its agricultural and livestock sectors, supporting the country's position as one of the world's largest producers of milk, poultry, and aquaculture products. In 2024, the Indian animal feed market was valued at INR 1.11 trillion and is projected to reach INR 2.02 trillion by 2033, growing at a CAGR of 6.9% during 2025–2033 

Regional Trends

India's animal feed market exhibits distinct regional dynamics:

• South India led the market in 2024, driven by robust poultry and aquaculture sectors

• North India is a significant contributor, particularly in dairy farming, with Punjab's milk production reaching 139.11 lakh tons in 2023–24 .

• East and Central India are experiencing rapid growth, fueled by expanding poultry, aquaculture, and swine feed segments. States like West Bengal, Bihar, Chhattisgarh, and Odisha are witnessing increasing commercial livestock and aquaculture activities due to untapped rural demand, improving infrastructure, and rising farmer awareness 

Market Segments

The Indian animal feed market is categorized into several segments:

• Poultry Feed: Dominates the market, accounting for 38% of the share in 2024 . The sector benefits from specialized feed formulations for broilers and layers to enhance growth and egg production.

• Cattle Feed: Significant in regions like North India, supporting the dairy industry.

  Aquafeed: Gaining momentum, with India's aquaculture production reaching 14.4 million tons in 2024 

• Swine Feed: Emerging as a growing segment in various regions.

• Pet Feed: A niche but expanding segment due to rising pet ownership.

Key Market Players

India's animal feed market is characterized by the presence of both domestic and international companies:

• Suguna Foods Private Limited: A leading poultry feed producer.

• Japfa Comfeeds India Pvt. Ltd.: Offers high-quality feed products for poultry, dairy, aquaculture, and swine

• Godrej Agrovet Limited: A diversified agri-business company with a strong presence in the feed sector.

• Cargill, Incorporated: A global player providing a range of feed solutions.

• Anmol Feeds Pvt. Ltd.: Known for its quality feed products.

• Avanti Feeds Ltd.: Specializes in aquafeed production.

• SKM Animal Feeds & Foods (India) Private Limited: A significant player in the feed industry.

• Uno Feeds: Focuses on providing balanced nutrition for livestock.

• Growel Feeds Pvt. Ltd.: Offers a variety of feed products for different animal species.

• The Waterbase Ltd.: Specializes in aquafeed and shrimp feed.

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Market Drivers

Several factors are propelling the growth of India's animal feed market:

• Rising Demand for Animal Protein: Increasing consumption of meat, milk, and eggs is driving the need for quality animal feed.

• Urbanization and Changing Dietary Habits: Urban populations are adopting protein-rich diets, boosting demand for animal-based food products.

• Government Support: Initiatives like the National Livestock Mission and subsidies for feed production are encouraging investments in the sector.

• Technological Advancements: Adoption of precision nutrition and feed additives is enhancing feed efficiency and animal productivity.

Challenges

Despite its growth, the industry faces several challenges:

• Quality Control Issues: Inconsistent feed quality and lack of standardization can affect livestock health.

• Supply Chain Constraints: Logistical challenges and inadequate infrastructure can lead to feed shortages.

• Price Volatility: Fluctuating prices of raw materials like maize and soy can impact feed production costs.

• Regulatory Hurdles: Complex regulations and lack of enforcement can hinder industry growth.

Frequently Asked Questions (FAQs)

Q1: What is the current size of the Indian animal feed market?

A1: The market was valued at INR 1.11 trillion in 2024 and is projected to reach INR 2.02 trillion by 2033 

Q2: Which region leads the Indian animal feed market?

A2: South India led the market in 2024, driven by robust poultry and aquaculture sectors 

Q3: What are the major segments in the animal feed market?

A3: Key segments include poultry feed, cattle feed, aquafeed, swine feed, and pet feed.

Q4: Who are the top players in the Indian animal feed market?

A4: Major players include Suguna Foods, Japfa Comfeeds, Godrej Agrovet, Cargill, Anmol Feeds, Avanti Feeds, SKM Animal Feeds, Uno Feeds, Growel Feeds, and The Waterbase

Q5: What are the key drivers of market growth?

A5: Drivers include rising demand for animal protein, urbanization, government support, and technological advancements in feed production.