INDIAN POULTRY INDUSTRY AT A GLANCE IN 2017-2018 Industry Overview
The total broiler market size in India is estimated at 4.2 million tons (carcass weight), translating into volume growth of 7% year-on-year during year 2017-18. The industry’s profitability remained stable in FY2018, driven by low soymeal prices and remunerative broiler and table egg realisations throughout the year.
Broiler Prices
The average farm gate broiler realizations for FY2018 at Rs. 75/kg are better than Rs. 70/kg in FY2017 while average broiler production costs at Rs. 60/kg in FY2018 is almost 6-7% lesser than FY2017 levels given stable soymeal prices in FY2018, especially during 9m FY2018 post a sharp decline in FY2017.
Egg Production
The domestic table egg production for 2017-2018 is 84 billion eggs translating to a per capita egg consumption of 63 egg p.a. and market size of Rs. 420 billion. As against the targeted production of 87.05 Billions of eggs during 2017, the total estimated production in two seasons, summer and rainy, is 55.11 Billion showing an achievement of 63.31%. The production of egg is largely contributed by commercial poultry farms with nearly 75.75% and remaining production is from household/backyard poultry. The first five highest eggs producing States are Tamil Nadu, Andhra Pradesh, Telangana , West Bengal & Haryana during the Rainy Season.
Meat Production
As per ICRA’s estimate, per capita meat consumption is around 3.6 kg p.a. which puts total broiler meat market size at Rs. 730 billion in terms of retail price. As against the targeted production of 7.37 Million Tonnes during 2017, the total estimated production in two seasons, summer and rainy, is 4.67 Million Tonnes showing an achievement of 63.28%. Nearly, 47.86% of the meat production is contributed by poultry. The first five highest Meat producing States are Uttar Pradesh, Maharashtra, West Bengal, Andhra Pradesh, & Telangana.
