Noida, UP -- (SBWIRE) -- 03/10/2014 -- The poultry industry in India holds immense potential for development and expansion. With strong domestic demand and growing international presence, the poultry sector has leveraged world class technology and knowhow to further strengthen the sector at national and international front. Advancements in veterinary health, genetic capabilities, poultry equipment, poultry feed, and poultry processing sectors have transformed the sector. Analyzing the industry performance and developments over the decade, RNCOS forecasts a CAGR of 11% for the Indian poultry industry over the next five years.
Steps are underway to improve production, add automation in the processing units to increase productivity, hygiene and maximize returns. The massive increase in poultry industry is due to the substantial improvements in breeding technology. Pureline breeding is one such technology. The hybrid crosses of the Pureline birds are imported to India as Grandparents and multiplied further. India also has Pureline breeding programs to develop hybrid birds that suit their climate and the market. Besides, India is a growing market for dressed or processed chicken with increasing proportion of working women, changing lifestyles and increasing penetration of modern retail and Quick Service Restaurants (QSRs).
RNCOS latest research on “Indian Poultry Industry Outlook to 2017”, provides in-depth analysis of the poultry industry with descriptive statistics on broiler meat and eggs in the country. Historical, current and future prospects of boiler meat and eggs production, demand and market size shall help depict the opportunities in the industry. The research report also describes the poultry industry scenario (production, pricing analysis) in 10 major states, dominating in poultry production. Technology innovation, drivers and restraints are comprehensively covered. Key player profiling gives the competitive assessment of various players in the industry.
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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.