The demand for the India Animal Husbandry Market was valued at USD XX million in 2023, and it is expected to reach USD XX million by 2032. The market is projected to grow at a compound annual growth rate (CAGR) of 8.2% between 2024 and 2032.
Several factors are driving the growth of the Indian animal husbandry sector. These include the increasing demand for animal protein due to heightened awareness of its nutritional benefits, evolving dietary preferences, and a growing middle-class population with higher disposable incomes. Additionally, government support, technological advancements, and the adoption of modern technologies in breeding, health management, and feed efficiency are contributing to the sector’s expansion.
The Indian government plays a pivotal role in supporting and promoting animal husbandry through various initiatives and schemes. These efforts include providing financial assistance, subsidies, training programs, and infrastructure development aimed at enhancing productivity in the sector. These initiatives are particularly advantageous for small-scale farmers and rural communities, ultimately contributing to the overall growth of the industry.