Project Report For Country Chicken Farm
Introduction
Project report for Country Chicken Farm is as follows.
In the past, chicken meat was considered a delicacy, but as cities become more urbanised and disposable incomes rise, chicken meat is becoming less of a luxury commodity and more of a daily necessity.Â
Furthermore, as dietary patterns change and people get more exposed to foreign cuisines, the Indian population is progressively switching to a non-vegetarian diet.Â
Poultry meat is favoured over other meat products because it is regarded as more sanitary and is available throughout the country at lower rates than fish/mutton.
The yearly per capita consumption of broiler meat and eggs in the United States remains among the lowest in the world, substantially lower than in many emerging and developed countries.Â
However, we estimate per capita consumption of both broiler meat and eggs to rise steadily over the next five years as a result of low penetration levels and rising income levels.
Growth in the food services industry, such as restaurants and fast-food outlets, is also having a beneficial influence on broiler meat and egg consumption.Â
Broiler meats and eggs are both significant components in both traditional Indian non-vegetarian dishes and fast meals.
Eggs are a common component in baked goods. The Indian bakery goods business is now expanding at a rapid pace. We anticipate that the expansion of the bakery items sector would have a favourable influence on egg consumption in India.
Market Potential Of Country Chicken Farm
The Country Chicken Farming business was projected to be worth $2.0 billion in 2023, and it has tremendous room to grow over the next 10 years. The market is anticipated to expand at a compound annual growth rate (CAGR) of between 7% to 10% between 2024 and 2034, mostly due to rising consumer demand for free-range, organic, and healthier poultry. Based on the growing trend of ethical and sustainable consumption, as well as rising disposable incomes in established and emerging markets, the market is expected to reach $7.0 billion by 2034. For farmers and investors, this opens up a lot of potential in the rural chicken market.
Project Report Sample On Country Chicken Farm
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