Consumer Goods and Retail Report Blog

Rising consumption of non-vegetarian products in urban areas and growth of tourism and HoReCa sector to drive India poultry and hatchery market through 2024 According to TechSci Research report,  “ India Poultry and Hatchery Market ,  By Type , By Sales Channel, Competition,  Forecast and Opportunities , 2014 – 2024 ” , India poultry and hatchery market is estimated to register a CAGR of over 12% during 2019 - 2024, to attain the market value of over $ 29.6 billion by 2024. Anticipated growth in the market can be attributed to rising young and dynamic population which is showing high inclination towards non-vegetarian food products, growing awareness about nutritional value of meat products along with surging demand for egg-based bakery products. Moreover, rising household disposable income of middle-class population coupled with rapid westernization has resulted in changing taste preferences of Indian consumers, which is further leading to increased consumption of meat products. This

  Rising consumption of non-vegetarian products in urban areas and growth of tourism and HoReCa sector to drive India poultry and hatchery market through 2024 According to TechSci Research report,  “ India Poultry and Hatchery Market ,  By Type , By Sales Channel, Competition,  Forecast and Opportunities , 2014 – 2024 ” , India poultry and hatchery market is estimated to register a CAGR of over 12% during 2019 - 2024, to attain the market value of over $ 29.6 billion by 2024. Anticipated growth in the market can be attributed to rising young and dynamic population which is showing high inclination towards non-vegetarian food products, growing awareness about nutritional value of meat products along with surging demand for egg-based bakery products. Moreover, rising household disposable income of middle-class population coupled with rapid westernization has resulted in changing taste preferences of Indian consumers, which is further leading to increased consumption of meat products. Thi