Project Report For Poultry Farm
The project report for poultry farm is as follows.
In 2017, the Indian poultry industry, which included broilers and eggs, was valued at INR 1,494 billion. The industry is expected to expand INR 3,775 billion by 2023, growing at a CAGR of 16.5 per cent between 2018 and 2023.
Currently, India is among the earth’s leading producers of eggs and broiler meat. Over the last 20 years, the poultry business in India has seen a significant structural and operational transformation, evolving from a household pastime to a big sector with a huge number of interconnected companies. This change has necessitated a significant investment in breeding, hatching, raising, and processing.
Market potential & Strategy
The yearly per capita intake of chicken meat and eggs in the United States remains among the smallest in the globe substantially lower than in most other developed and developing countries. Nevertheless, we estimate per capita consumption of both broiler meat and eggs to rise steadily over the next 5 years as part of comparatively low rates & income growth.
An increase in the food products industry like restaurants and fast food outlets is also having a beneficial influence on meat and egg intake. Broiler meats and eggs both are 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 usage in India.
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