2019 – 2029

INDIA POULTRY AND HATCHERY MARKET

FORECAST & OPPORTUNITIES

MARKET INTELLIGENCE . CONSULTING www.techsciresearch.com

 Table of Contents
S. No. Contents Page No.

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

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 Table of Contents
S. No. Contents Page No.

4. Voice of Customer

5. India Poultry and Hatchery Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Size & Forecast

5.2.1. By Type (Layer/Egg, Broiler/Meat)

5.2.2. By Sales Channel (Institutional Sales, Traditional/Modern Retail Sales, Others)

5.2.3. By Region

5.2.3.1. By State (Top 3 States)

5.2.4. By Company (2023)

5.3. Market Map

6. North India Poultry and Hatchery Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Size & Forecast

6.2.1. By Type

6.2.2. By Sales Channel

© TechSci Research 3
 Table of Contents
S. No. Contents Page No.

7. West India Poultry and Hatchery Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Size & Forecast

7.2.1. By Type

7.2.2. By Sales Channel

8. South India Poultry and Hatchery Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Size & Forecast

8.2.1. By Type

8.2.2. By Sales Channel

9. East India Poultry and Hatchery Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Size & Forecast

9.2.1. By Type

9.2.2. By Sales Channel

© TechSci Research 4
 Table of Contents
S. No. Contents Page No

10. Market Dynamics

10.1. Drivers

10.2. Challenges

11. Market Trends & Developments

11.1. Recent Development

11.2. Mergers & Acquisitions

11.3. Product Launches

12. India Poultry and Hatchery Market: SWOT Analysis

13. Automation Across Poultry and Hatchery Market in India

13.1. Top Companies Providing Services in the Sector

13.2. Recent Developments

14. Porter’s Five Forces Analysis

14.1. Competition in the Industry

14.2. Potential of New Entrants

14.3. Power of Suppliers

14.4. Power of Customers

14.5. Threat of Substitute Products

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 Table of Contents
S. No. Contents Page No

15. Competitive Landscape

15.1. IB Group

15.1.1. Business Overview

15.1.2. Product & Service Offerings

15.1.3. Recent Developments

15.1.4. Key Personnel

15.1.5. SWOT Analysis

15.2. Suguna Foods Pvt. Ltd.

15.3. Skylark Hatcheries Pvt. Ltd.

15.4. VH Group

15.5. Sneha Group

15.6. Bharati Poultry Pvt. Ltd.

15.7. RM Group

15.8. KEGGFARMS Private Limited

15.9. Mulpuri Group

15.10. Sangeeta Poultry Farm

16. Strategic Recommendations

17. About Us & Disclaimer

© TechSci Research 6
Market Overview
Scope of Report
Product of Interest (POI): Poultry and Hatchery

Poultry refers to domesticated birds that are raised for various purposes, including meat, eggs, and feathers. The term typically includes birds
such as chickens, ducks, turkeys, and geese. Poultry farming is a significant aspect of agriculture, providing a source of protein through meat
and eggs. A hatchery is a facility designed for the hatching of eggs, particularly in the context of poultry farming. Hatcheries play a crucial role
in the poultry industry by providing a controlled environment for the incubation of eggs and the early stages of chick development. These
facilities are equipped with incubators, hatchers, and other specialized equipment to maintain optimal conditions for egg incubation, ensuring a
high hatch rate. After hatching, chicks are often sold to farmers who raise them for various purposes, such as egg production or meat. Hatcheries
contribute to the efficient and controlled reproduction of poultry, allowing for the production of consistent and healthy bird populations.

Market Segmentation
Year Range

Review Period
TYPE REGION
2019 – 2022
• Layer/Egg • North

• Broiler/Meat • South Base Year

• East
2023
• West
Estimated Year

SALES CHANNEL 2024

• Institutional Sales Forecast Period

• Traditional/Modern
2025 – 2029
Retail Sales
• Others

© TechSci Research 8
Research Methodology
Research Methodology
Methodology Landscape
Market
Profiling
In-depth secondary
research was conducted to
determine top companies
in India Poultry and
Hatchery Market, overall
market size and segmental
market size.
Data Data Filter Research &
& Analysis Intelligence
Collection
Primary Research
 LinkedIn
 TechSci Internal
Database
Formulating Developing list Data Data Data
Questionnaire of Respondents Collection Validation Analysis
TechSci conducted Data obtained as a The data was scrutinized
In order to conduct List of top companies
interviews with result of primary using MS-Excel, statistical
industry experts’ and industry
industry experts and and secondary tools and internal
interviews, TechSci specialists was
leadings companies for research was proprietary database to
formulated a detailed developed.
data collection and validated through obtain qualitative and
Survey
verification. rigorous quantitative insights about
Questionnaires.
triangulation. India Poultry and Hatchery
Market.
Primary Research Desk Research Company Analysis
 Recent Developments  Market Participants
 Identifying Key Opinion
Actionable Business  Market Changing  Key Strengths
Insights Solution Leaders
Aspects/Dynamics
 Questionnaire Design
 Government Policies
 In-depth Interviews
 Final Conclusion
Secondary Paid Sources Key Industry Partners
Research
 Company Websites  Factiva  Board members
 Company Annual  Hoovers  Financial Advisors
Reports  EMIS  Business Heads
 White Paper Study  Volza  Investors
 Financial Reports  Bloomberg  Product Heads
 Investor  Paid Databases
Presentations  Research Heads
 Regulatory Body
 Associations, etc.
© TechSci Research 10
Research Methodology

Objective of The Study

To analyze the historical growth in the market size of the India Poultry and Hatchery Market from 2019 to 2023.

To estimate and forecast the market size of the India Poultry and Hatchery Market from 2024 to 2029 and the growth
rate until 2029

To classify and forecast the India Poultry and Hatchery Market based on type, sales channel, region, and company.

To analyze and forecast the market size in terms of Type (Layer/Egg, Broiler/Meat); Sales Channel (Institutional Sales,
Traditional/Modern Retail Sales, Others)

To analyze and forecast the market size in terms of different regions across India: West, North, East, South

To identify drivers, challenges, and trends for the India Poultry and Hatchery Market.

To examine competitive developments in the India Poultry and Hatchery Market, such as mergers & acquisitions, product
launches, etc.

To identify and analyze the profile of leading companies in the India Poultry and Hatchery Market and the top 5
companies market share.
Baseline Methodology

Our research team has relied on primary and secondary research to gather market size and market data. The team has monitored and
analyzed various aspects of the India Poultry and Hatchery Market. The team has studied the outlook of multiple segments such as
type, sales channel, regional sales, and the companies of this market. The study includes historical data for 2019, 2020, 2021, and
2022, base data for 2023, estimated year data for 2024 and forecast data for 2025, 2026, 2027, 2028, and 2029, which will enable
our clients to make better decisions while planning their strategy to achieve sustainability in the India Poultry and Hatchery Market.

© TechSci Research 11
 Research Methodology

Formulation of the Scope

The base year is a reference point used as a starting point, for comparison in various analyses and forecasts. It serves as the
foundation against which changes, growth, or trends are measured.

The review period refers to the time span during which historical data is examined, analyzed, and reviewed. It is the period of
time leading up to the base year and is used to establish the baseline for comparison and understand trends

The forecast period is a future-oriented timeframe during which predictions or projections are made based on current/
historical data and analysis. It extends beyond the base year and allows for estimations of potential future outcomes.

The market could be defined by a specific industry, product/service. The market then is further divided into meaningful segments
based on demographics, psychographics, behavior, geography, or product/service categories. This helps in analyzing the market
more effectively, along with estimating the size of each segment.

Assumptions and Limitations:

The base currency considered is USD. Based on the average exchange rate for the corresponding review period years, other
currencies have been converted to USD. The projection period's exchange rate conversion was calculated using the conversion
rates from the base year. The base year considered for this study is 2023. The historic period considered for this study is from
2019 to 2022. The estimated year for the study is 2024. The forecast CAGR considered is for the period of 2024E-2029F.

Note: 2023 being the base year, 2019-2022 is the review period, 2024 is estimated year and 2025-2029 is the forecast period for analyzing the
market in between 2019-2029
© TechSci Research 12
Research Methodology

Sources of Research

TechSci Research has used a combination of secondary and primary research sources (free telephonic and face-to-face interviews
and incentivized telephonic and face-to-face interviews with the respondents) to capture the data. We have an extensive network
of respondents of participants in the value chain, industry experts, and customers to obtain relevant insights and navigate data
challenges.

Secondary Research

It comprises desk research, in which our research team conducted a preliminary assessment of the information available through
secondary sources. Below is the categorization given for each reference from which the data was sourced, and further, that data
was used for the data triangulation and estimation of the market sizes and market shares.

Industry Associations News Portals/Secondary Sources

• Ministry of Food Processing Industries • World Bank

• Company Annual Reports
• Factiva
• Hoovers
• EMIS
• Business Wire
• TechSci Research Proprietary Database & Knowledge
Repository
• Industry Reports
• News Dailies

© TechSci Research 13
Research Methodology

Primary Research : Our research team maintains survey questionnaires with a set of questions and topics and responses from
the primary respondents. The survey questionnaires are administered through telephonic or face-to-face interviews and surveys
online or by email with the value chain participants. Surveys (online or by email) or field surveys are done to gather customer
opinions. Interviews with industry experts are done through telephone or face-to-face interviews only. Below is a set of exercises
done with the help of primary interviews through our network of respondents, such as value chain participants, industry experts,
and customers, to obtain relevant insights and gather the required information.

Value Chain participants (Poultry and Hatchery

End Users/Customers Industry Experts
companies)

Sample Size = 10 Sample Size = 100 Sample Size = 5

• Survey Questionnaires • Surveys • Survey Questionnaires

 Telephonic Interviews  Online  Telephonic Interviews
 Face-to-Face Interviews  email  Face-to-Face Interviews

• Surveys • Field surveys

 Online  Face-to-Face Interviews
 email

• Partial List of Companies Interviewed • Voice of Customers

 IB Group  Preferred Point of Purchase
 Suguna Foods Pvt.Ltd.  Demand, By Type
 Skylark Hatcheries Pvt. Ltd.  Brand Awareness
 VH Group
 Sneha Group
 Bharati Poultry Pvt. Ltd.
 RM Group
 KEGGFARMS Private Limited
 Mulpuri Group
 Sangeeta Poultry Farm

© TechSci Research 14
Research Methodology

Approach for the Market Study

TechSci Research follows two types of approaches for the assessment of the market:

The Bottom-Up approach of market analysis starts with a granular analysis of specific countries, segments, companies and then
builds up to source a broader understanding of the overall market. This method focuses on gathering detailed data and insights at
the micro level and then aggregating them to draw conclusions about the larger market.

The Top-Down Approach of market analysis involves starting with a broad view of the overall market and then narrowing down
to specific segments or niches. It typically begins with analyzing macroeconomic factors and industry trends and then drilling down
to understand the specific market segments, target customers, and potential opportunities.

Top-Down
Bottom-Up Approach 80% Approach 20%

Methodology Followed for Calculation of Market Size & Market Shares:

Market Size By Value: Market size, in terms of value, for the year 2023 was calculated based on information collected through
exhaustive secondary research and primary surveys with various key opinion leaders i.e., value chain participants, such as Poultry
and Hatchery companies, market influencers, industry experts.

The team interviewed 10 critical value chain participants, majorly from Poultry and Hatchery companies. The respondents have
been working at responsible positions in Poultry and Hatchery companies. The team interviewed 100 end users/customers for the
Voice of Customer section and 5 industry experts associated with the Poultry and Hatchery industry from the last two decades were
also interviewed. This exercise obtained the overall market size during 2019-2023, validated by multiple round of interviews.
Considering standard deviation, the market size was averaged out to arrive at the market size data during 2019-2023.

© TechSci Research 15
Research Methodology

Market shares by type, by sales channel, by region, and by the company and current and future market growth rates were calculated
based on the responses received through primary surveys with the value chain participants, in which the respondents were asked
about the market shares or revenue generated from various segments of India Poultry and Hatchery market. The final percentage
shares were calculated by taking the geometric mean of growth estimates, and company wise revenue shares generated across
various segments were considered to arrive at the final market percentage shares after eliminating the outliers.

Forecasting Methodology:

TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results
using statistical tools.

Data Triangulation & Validation:

Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast India
Poultry and Hatchery Market, TechSci Research used various forecast techniques such as:

Moving Average Method For Time Series Analysis: The average of the data set of the market's historical data was considered for
data forecasting. This technique is beneficial for forecasting short-term trends and is a widely used method for time series forecasting.
Yearly moving average of historical data was used for estimating the trend values for time series forecasting.

After estimating the trend values based on yearly moving average methods, seasonal variations were calculated from the actual data.
After getting these two as a basis, market sizes were predicted for the forecasting years.

Regression Analysis: In this technique, multiple linear regression analysis was practiced, which involves using a regression model to
estimate the value of the dependent variable on the numerous independent and directly related variables. The values of the
independent variable were typically those assumed to determine the values of the dependent variable. Based on the historical trend of
market data of two or more independent variables, the data of the India Poultry and Hatchery Market was forecasted with the help of
statistical tools.

© TechSci Research 16
Research Methodology

Econometric and Judgmental Analysis: Relationships with the economic variables, majorly macro-economic variables, were
considered to forecast the data, combined with incorporating intuitive judgment and opinions. This technique is majorly used
when there is no historical data, and the market is totally niche, new, and unique.

Note: (a) Sum of some shares may not be 100% due to round off till two decimal places.

Allied Industry Parameters Studied:

India Meat Market Outlook

India Processed Food Market Outlook

India Food & Beverages Market Outlook

India Animal Products Market Outlook

© TechSci Research 17
Sample Data- Snapshot

India Poultry and Hatchery Market Size, By Value (USD Million), 2019–2029F

15.00
14.00
13.00
12.00
11.00
10.00
9.00
8.00
7.00
6.00
5.00

2019 2023 2024E 2029F

CAGR BY VALUE: XX% CAGR BY VALUE: XX%

India Poultry and Hatchery Market Size, By Sales Channel, By Value, 2019–2029F

Institutional Sales Traditional/Modern Retail Sales Others

2029F 33% 33% 34%

2028F 33% 33% 34%
2027F 33% 33% 34%
2026F 33% 33% 34%
2025F 33% 33% 34%
2024E 33% 33% 34%
2023 33% 33% 34%
2022 33% 33% 34%
2021 33% 33% 34%
2020 33% 33% 34%
2019 33% 33% 34%

© TechSci Research 18
Report Ordering

Report Name: India Poultry and Hatchery Market

FORECAST AND OPPORTUNITIES
2019 – 2029F

License Type Price

Single User License $3500
Multi-User License $4500
Custom Research License $7500

To View Sample OR Purchase Report

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TechSci Research- Awards & Recognition

Business-to-Business Organic India Excellence Business-to-Business Quality Management

Best Application of Best Application of
Research Award at Research Award at World Awards by ASSOCHAM Research Award at Brand System by ISO Research Award at
National Feathers India Excellence Awards World Marketing
Marketing Congress
Awards Congress

Best Market Research & Leadership Award from Leadership Award from
Award for Best Place to Recognition from Silicon Recognition & World Marketing World Marketing
India Magazine Appreciation from Management Consulting
Work in Research at Service by Wafisilpa Congress Congress
World Marketing WQIA
Entertainments
Congress

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About Us & Disclaimer

TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in
number of areas to organizations. The company uses innovative business models that focus on improving By Productivity, while ensuring creation of high-quality reports.
The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’
model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich
evaluation of the opportunities available in the market.

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Disclaimer

The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate
or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and
first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or
for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The
information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and
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