India Compound Horse Feedstuff Market (2025-2031) Outlook | Revenue, Growth, Industry, Trends, Forecast, Share, Value, Size, Companies & Analysis

India Compound Horse Feedstuff Market Import Shipment Trend (2020-2024)

The India compound horse feedstuff market import shipment experienced a significant decline with a CAGR of -26.8% from 2020 to 2024. The growth rate between 2023 and 2024 further decreased by 18.0%, indicating a continued downward trend. The market has rapidly contracted, showing no signs of stabilization.

India Compound Horse Feedstuff Market Synopsis

The India compound horse feedstuff market was valued at around USD 300 million and is anticipated to reach approximately USD 500 million, registering a CAGR of 9%. Growing awareness about animal nutrition among farmers and pet owners, along with rising disposable incomes have been driving the adoption rate of compound horse feedstuff across India. Furthermore, increasing investments by government agencies towards development and modernization of livestock farms has played an important role in creating further opportunities within this sector. Additionally, lack of availability and access to good quality hay & grasses have also pushed up the demand for these products amongst end users significantly over the past few years.

Market Drivers of the market

The compound horse feedstuff market in India is experiencing substantial growth, driven by the expanding equestrian sports and recreational horse riding activities. The rising interest in horse care and nutrition has resulted in a higher demand for specialized compound feed that meets the dietary requirements of horses. Additionally, the growing equine industry and increased focus on improving horse health have contributed to the market`s expansion.

Challenges of the Market

The compound horse feedstuff market in India encounters challenges in terms of product formulation and quality control. Ensuring consistent and balanced nutrition for horses, along with addressing specific dietary requirements for different breeds and activities, is crucial to gain consumer trust in these products.

Covid-19 Impact on the Market

The COVID-19 pandemic impacted the India compound horse feedstuff market as equestrian activities were limited due to lockdowns. This led to decreased demand for horse feedstuff. However, some stable demand from the farming sector provided some relief.

Key Players of the Market

The compound horse feedstuff market, key players like Equine Nutrifoods, HorsePower Feeds Ltd., and StableDiet Supplements are at the forefront, providing balanced and nutritious feed options for horses and equestrian enthusiasts.

Key Highlights of the Report:

• India Compound Horse Feedstuff Market Outlook
• Market Size of India Compound Horse Feedstuff Market, 2024
• Forecast of India Compound Horse Feedstuff Market, 2031
• Historical Data and Forecast of India Compound Horse Feedstuff Revenues & Volume for the Period 2021-2031
• India Compound Horse Feedstuff Market Trend Evolution
• India Compound Horse Feedstuff Market Drivers and Challenges
• India Compound Horse Feedstuff Price Trends
• India Compound Horse Feedstuff Porter's Five Forces
• India Compound Horse Feedstuff Industry Life Cycle
• Historical Data and Forecast of India Compound Horse Feedstuff Market Revenues & Volume By Form for the Period 2021-2031
• Historical Data and Forecast of India Compound Horse Feedstuff Market Revenues & Volume By Pellets for the Period 2021-2031
• Historical Data and Forecast of India Compound Horse Feedstuff Market Revenues & Volume By Cubes for the Period 2021-2031
• Historical Data and Forecast of India Compound Horse Feedstuff Market Revenues & Volume By Powder for the Period 2021-2031
• Historical Data and Forecast of India Compound Horse Feedstuff Market Revenues & Volume By Nutrition Type for the Period 2021-2031
• Historical Data and Forecast of India Compound Horse Feedstuff Market Revenues & Volume By High fiber for the Period 2021-2031
• Historical Data and Forecast of India Compound Horse Feedstuff Market Revenues & Volume By Low Starch for the Period 2021-2031
• Historical Data and Forecast of India Compound Horse Feedstuff Market Revenues & Volume By High protein for the Period 2021-2031
• Historical Data and Forecast of India Compound Horse Feedstuff Market Revenues & Volume By High fats for the Period 2021-2031
• India Compound Horse Feedstuff Import Export Trade Statistics
• Market Opportunity Assessment By Form
• Market Opportunity Assessment By Nutrition Type
• India Compound Horse Feedstuff Top Companies Market Share
• India Compound Horse Feedstuff Competitive Benchmarking By Technical and Operational Parameters
• India Compound Horse Feedstuff Company Profiles
• India Compound Horse Feedstuff Key Strategic Recommendations