Product Code: ETC386964 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
India is the world`s largest livestock producer, with an estimated total of 591 million animals in 2025. Of this, cattle account for about 265 million; buffaloes account for about 85 million; sheep and goats make up around 166 million; pigs are estimated to be 28 million; and poultry has a population of around 97 million. India is also the second-largest producer of meat in the world after Brazil. In 2018-19, India produced 7.1 billion kilograms of meat.
The India livestock market has experienced significant growth due to various factors. The country`s large population, coupled with the rising demand for animal-derived products such as meat, milk, and leather, has driven the livestock industry`s expansion. Livestock farming provides livelihood opportunities for rural communities, contributing to the economic growth of the agricultural sector. The increasing consumption of protein-rich foods has boosted the demand for meat and dairy products, further fueling the livestock market. Additionally, government initiatives to support animal husbandry practices and improve livestock productivity have played a crucial role in the sector`s growth.
The livestock market in India faces diverse challenges that impact its overall performance. One of the primary concerns is the spread of livestock diseases, affecting animal health and productivity. Inadequate veterinary care and disease surveillance systems exacerbate this issue. Moreover, the lack of modern infrastructure and technology for livestock rearing, breeding, and feeding can hinder productivity and efficiency. The unorganized nature of the livestock sector and limited market linkages can result in price fluctuations and income instability for farmers. Additionally, climate change and environmental factors pose risks to livestock well-being and availability of fodder. To enhance the livestock market, investments in veterinary services, technology adoption, market integration, and sustainable practices are necessary.
The India livestock market is a crucial component of the country`s agriculture and food industry. It encompasses the trade of various animals, including cattle, poultry, goats, and sheep, for meat, dairy, and other products. During the Covid-19 pandemic, the livestock market faced challenges due to disruptions in supply chains, transportation, and labor availability. Additionally, the closure of hotels and restaurants impacted the demand for meat products, leading to fluctuations in prices and trade volumes.
The India livestock market encompasses a wide range of participants, including livestock farmers, traders, and companies involved in meat processing. Key players include Amrutha Dairy Farms, Suguna Foods, Venky`s India, Godrej Agrovet, and Al-Noor Exports.