Plucking Opportunities: India Poultry and Hatchery Market

1
2019 2029
INDIA POULTRY AND HATCHERY MARKET FORECAST
OPPORTUNITIES
www.techsciresearch.com
MARKET INTELLIGENCE . CONSULTING
2

• Table of Contents

S. No. Contents Contents Contents Page No.
1. Product Overview Product Overview Product Overview
1.1. Market Definition Market Definition
1.2. Scope of the Market 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 Research Methodology Research Methodology
2.1. Objective of the Study Objective of the Study
2.2. Baseline Methodology Baseline Methodology
2.3. Key Industry Partners Key Industry Partners
2.4. Major Association and Secondary Sources Major Association and Secondary Sources
2.5. Forecasting Methodology Forecasting Methodology
2.6. Data Triangulation Validation Data Triangulation Validation
2.7. Assumptions and Limitations Assumptions and Limitations
3. Executive Summary Executive Summary Executive Summary
3.1. Overview of the Market Overview of the Market
3.2. Overview of Key Market Segmentations Overview of Key Market Segmentations
3.3. Overview of Key Market Players Overview of Key Market Players
3.4. Overview of Key Regions/Countries Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends Overview of Market Drivers, Challenges, Trends
3

• Table of Contents

S. No. Contents Contents Contents Contents Page No.
4. Voice of Customer Voice of Customer Voice of Customer Voice of Customer
5. India Poultry and Hatchery Market Outlook India Poultry and Hatchery Market Outlook India Poultry and Hatchery Market Outlook India Poultry and Hatchery Market Outlook
5.1. Market Size Forecast Market Size Forecast Market Size Forecast
5.1.1. By Value By Value
5.2. Market Size Forecast Market Size Forecast Market Size Forecast
5.2.1. By Type (Layer/Egg, Broiler/Meat) By Type (Layer/Egg, Broiler/Meat)
5.2.2. By Sales Channel (Institutional Sales, Traditional/Modern Retail Sales, Others) By Sales Channel (Institutional Sales, Traditional/Modern Retail Sales, Others)
5.2.3. By Region By Region
5.2.3.1. By State (Top 3 States)
5.2.4. By Company (2023) By Company (2023)
5.3. Market Map Market Map Market Map
6. North India Poultry and Hatchery Market Outlook North India Poultry and Hatchery Market Outlook North India Poultry and Hatchery Market Outlook North India Poultry and Hatchery Market Outlook
6.1. Market Size Forecast Market Size Forecast Market Size Forecast
6.1.1. By Value By Value
6.2. Market Size Forecast Market Size Forecast Market Size Forecast
6.2.1. By Type By Type
6.2.2. By Sales Channel By Sales Channel
4

• Table of Contents

S. No. Contents Contents Contents Page No.
7. West India Poultry and Hatchery Market Outlook West India Poultry and Hatchery Market Outlook West India Poultry and Hatchery Market Outlook
7.1. Market Size Forecast Market Size Forecast
7.1.1. By Value
7.2. Market Size Forecast Market Size Forecast
7.2.1. By Type
7.2.2. By Sales Channel
8. South India Poultry and Hatchery Market Outlook South India Poultry and Hatchery Market Outlook South India Poultry and Hatchery Market Outlook
8.1. Market Size Forecast Market Size Forecast
8.1.1. By Value
8.2. Market Size Forecast Market Size Forecast
8.2.1. By Type
8.2.2. By Sales Channel
9. East India Poultry and Hatchery Market Outlook East India Poultry and Hatchery Market Outlook East India Poultry and Hatchery Market Outlook
9.1. Market Size Forecast Market Size Forecast
9.1.1. By Value
9.2. Market Size Forecast Market Size Forecast
9.2.1. By Type
9.2.2. By Sales Channel
5

• Table of Contents

S. No. Contents Page No
10. Market Dynamics Market Dynamics
10.1. Drivers
10.2. Challenges
11. Market Trends Developments Market Trends Developments
11.1. Recent Development
11.2. Mergers Acquisitions
11.3. Product Launches
12. India Poultry and Hatchery Market SWOT Analysis India Poultry and Hatchery Market SWOT Analysis
13. Automation Across Poultry and Hatchery Market in India Automation Across Poultry and Hatchery Market in India
13.1. Top Companies Providing Services in the Sector
13.2. Recent Developments
14. Porters Five Forces Analysis Porters 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
6

• Table of Contents

S. No. Contents Contents Contents Page No
15. Competitive Landscape Competitive Landscape Competitive Landscape
15.1. IB Group 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. Suguna Foods Pvt. Ltd.
15.3. Skylark Hatcheries Pvt. Ltd. Skylark Hatcheries Pvt. Ltd.
15.4. VH Group VH Group
15.5. Sneha Group Sneha Group
15.6. Bharati Poultry Pvt. Ltd. Bharati Poultry Pvt. Ltd.
15.7. RM Group RM Group
15.8. KEGGFARMS Private Limited KEGGFARMS Private Limited
15.9. Mulpuri Group Mulpuri Group
15.10. Sangeeta Poultry Farm Sangeeta Poultry Farm
16. Strategic Recommendations Strategic Recommendations Strategic Recommendations
17. About Us Disclaimer About Us Disclaimer About Us Disclaimer
7
Market Overview
8

• 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
REGION
TYPE

• North
• South
• East
• West

• Layer/Egg
• Broiler/Meat

SALES CHANNEL

• Institutional Sales
• Traditional/Modern Retail Sales
• Others

9
Research Methodology
10

• Research Methodology

Methodology Landscape
Data Collection
Developing list of Respondents
Formulating Questionnaire
Market Profiling
Data Validation
Data Analysis
In-depth secondary research was conducted to
determine top companies in India Poultry and
Hatchery Market, overall market size and
segmental market size.
The data was scrutinized using MS-Excel,
statistical tools and internal proprietary
database to obtain qualitative and quantitative
insights about India Poultry and Hatchery Market.
Data obtained as a result of primary and
secondary research was validated through rigorous
triangulation.
TechSci conducted interviews with industry
experts and leadings companies for data
collection and verification.
In order to conduct industry experts interviews,
TechSci formulated a detailed Survey
Questionnaires.
List of top companies and industry specialists
was developed.
Primary Research
Desk Research
Company Analysis

• Recent Developments
• Market Changing Aspects/Dynamics
• Government Policies
• Final Conclusion

• Market Participants
• Key Strengths

• Identifying Key Opinion Leaders
• Questionnaire Design
• In-depth Interviews

Key Industry Partners

• Board members
• Financial Advisors
• Business Heads
• Investors
• Product Heads
• Paid Databases
• Research Heads

11

• Research Methodology

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.
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.
12

• 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
13

• 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
14

• 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 companies) End Users/Customers Industry Experts
Sample Size 10 Sample Size 100 Sample Size 5
Survey Questionnaires Telephonic Interviews Face-to-Face Interviews Surveys Online email Partial List of Companies Interviewed IB Group Suguna Foods Pvt.Ltd. Skylark Hatcheries Pvt. Ltd. VH Group Sneha Group Bharati Poultry Pvt. Ltd. RM Group KEGGFARMS Private Limited Mulpuri Group Sangeeta Poultry Farm Surveys Online email Field surveys Face-to-Face Interviews Voice of Customers Preferred Point of Purchase Demand, By Type Brand Awareness Survey Questionnaires Telephonic Interviews Face-to-Face Interviews
15

• 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. 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.
Top-Down Approach 20
Bottom-Up Approach 80
16

• 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.

17

• 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

18

• Sample Data- Snapshot

India Poultry and Hatchery Market Size, By Value
(USD Million), 20192029F
India Poultry and Hatchery Market Size, By Sales
Channel, By Value, 20192029F
19

• 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  
20
TechSci Research- Awards Recognition
Business-to-Business Research Award at Brand
Excellence Awards
Quality Management System by ISO
Organic India Excellence Awards by ASSOCHAM India
Business-to-Business Research Award at National
Feathers Awards
Best Application of Research Award at World
Marketing Congress
Best Application of Research Award at World
Marketing Congress
Leadership Award from World Marketing Congress
Leadership Award from World Marketing Congress
Best Market Research Management Consulting
Service by Wafisilpa Entertainments
Recognition from Silicon India Magazine
Recognition Appreciation from WQIA
Award for Best Place to Work in Research at World
Marketing Congress
21
Our Prestigious Clients Who Bought Reports in
Agriculture Industry







22
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.
Related Reports

• Crop Scouting Market - Global Industry Size,
  Share, Trends, Opportunity, and Forecast,
  2019-2029, By Product Type (Classic Crop Scouting
  v/s Digital Crop Scouting), By Digital Crop
  Scouting (Global Positioning System (GPS),
  Unmanned Aerial Vehicles (UAVs), Remote Sensing
  Technology, Others), By End User (Insect
  Scouting, Crop Disease Scouting, Weed Scouting,
  Others), and By Region
• UAE Fertilizer Market By Origin (Organic,
  Synthetic, Bio-fertilizer), By Distribution
  Channel (Solid v/s Liquid), By Mode of End User
  (Foliar Spraying, Fertigation, Sowing,
  Broadcasting, Spraying, Drip Method, Others), By
  Crop Product Type (Grains Cereals, Pulses
  Oilseeds, Commercial Crops, Fruits Vegetables,
  Other), By Product Type (Domestic v/s Import), By
  Region, Competition Forecast Opportunities, 2029

TechSci Research North America 3040 Post Oak,
18th Floor, Houston, Texas 77506 United
States Tel[phone] Email
sales_at_techsciresearch.com www.techsciresearch.com
TechSci Research Asia-Pacific B 44, Sector
57, Noida, National Capital Region, U.P. -
India Tel [phone] Email
sales_at_techsciresearch.com www.techsciresearch.com
TechSci Research Asia-Pacific 501-A, Pinnacle
Corporate Park     Bandra Kurla Complex,
Bandra-East,     Mumbai 400052, India Tel
91-120-4523900 Email sales_at_techsciresearch.com
www.techsciresearch.com
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 are strictly for clients internal
  consumption. Usage of the same for purpose other
  than internal will require prior approval of
  TechSci Research.