| Product Code: ETC380304 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The beef and veal market in India is estimated to be worth approximately INR 50,000 crore. This figure includes processed meat products such as sausages, patties etc., which are expected to account for about 20% of this total value. The industry has seen growth at a CAGR of almost 14% over the past five years due to increasing disposable incomes in urban areas leading to higher consumption levels coupled with easy access through organized retail outlets where customers can find various brands offering different cuts according to their preference.
The India beef and veal market are experiencing notable growth, primarily driven by changing consumer preferences and dietary habits. The increasing demand for protein-rich food products, coupled with a growing population and rising disposable income, is boosting the consumption of beef and veal in the country.Moreover, the expansion of modern retail channels and the availability of a wide range of beef and veal products are further contributing to market growth. Additionally, the evolving foodservice industry, including the growing number of restaurants and fast-food chains, is driving the demand for beef and veal in various cuisines, supporting the market.
The India beef and veal market has seen significant growth due to an increase in meat consumption. However, it also faces challenges related to consumer preferences and cultural practices. In some regions of India, the consumption of beef is considered taboo due to religious beliefs, which can limit the market potential in certain areas.India beef liver market faces challenges related to consumer acceptance and awareness. While beef liver is a rich source of nutrients, there may be cultural and traditional barriers that affect its demand and consumption.
The beef and veal market in India primarily involves the production, consumption, and trade of beef and veal products. Beef consumption is a sensitive topic in India due to cultural, religious, and legal considerations. As a result, the market dynamics are influenced by various factors, including regional preferences, government regulations, and consumer sentiments. It`s important to note that the consumption of beef is restricted in several states in India, and the market size may be limited compared to other livestock sectors.
The India beef and veal market is dominated by MeatCo India Ltd., VealPlus Foods, BeefMaster Exports Pvt. Ltd., Premium Veal India, and Prime Cuts India.
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