Project Report For

Introduction

The project report for poultry farm is as follows.

India’s poultry sector contributed approximately a 1% of the overall GDP and has been expected to grow at the fastest rate of 8-10 percent. India, with a population of 1.25 billion, is extremely focused on “growth” i.e. Nice food, improved medical & living conditions for all. With the rise in revenue, individuals are now able to buy better nutrition and, as a result , demand for eggs and chicken has increased from the last two decades. Latest information from 2017 show that egg industry in India is 75 billion and broiler production is 4.2 million tonnes annually. The cap market growth is 6-7 per cent per year and the broiler industry is 8-10 per cent per year.

India’s poultry sector contributed approximately a 1% of the overall GDP and has been expected to grow at the fastest rate of 8-10 percent. India, with a population of 1.25 billion, is extremely focused on “growth” i.e. Nice food, improved medical & living conditions for all. With both the rise in revenue, individuals are now able to buy better nutrition and, as a result , demand for eggs and chicken has increased from the last 2 decades. Latest information from 2017 show that egg industry in India is 75 billion and broiler production is 4.2 million tonnes annually. The cap market growth is 6-7% per year and the broiler industry is 8-10% per year.

Market potential & Strategy

The Indian poultry market, comprised of broilers and egg whites, amounted to INR 1,494 billion in 2017. The economy has been further expected to reach INR 3,775 billion by 2023, with a CAGR of 16.5 per cent by 2018-2023. Nowadays, India is among the biggest consumers of eggs and broiler meat in the world. The poultry industry in India has witnessed a remarkable change in organization and function in the last two decades, from simple back garden exercise to a large business with the presence of numerous of integrated players. This transformation implicated a significant investment in mating, hatching, breeding and research methods.

Big companies are experimenting market consumption per capita of broiler meat and eggs continues to remain one of the cheapest in the nation and is considerably lower than many emerging and developed markets. Even so, due to low penetration as well as the constant increase in wealth tiers, per capita availability of broiler meat and eggs is projected to increase constantly over the next five years.

Sample Report

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