{"id":583596,"date":"2022-01-25T19:48:01","date_gmt":"2022-01-25T19:48:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=583596"},"modified":"2022-01-25T19:48:01","modified_gmt":"2022-01-25T19:48:01","slug":"indian-animal-feed-market-report-share-size-growth-demand-and-forecast-20212026","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/indian-animal-feed-market-report-share-size-growth-demand-and-forecast-20212026_583596.html","title":{"rendered":"Indian Animal Feed Market Report, Share, Size, Growth, Demand and Forecast 2021-2026"},"content":{"rendered":"
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Indian Animal Feed Market<\/div>\n<\/div>\n<\/div>\n
The Indian animal feed market reached a value of INR 942.4 Billion in 2020. The market to grow at a CAGR of 12.5% during 2021-2026.<\/div>\n

The latest report by IMARC Group titled “Indian Animal Feed Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026<\/strong>” finds that the animal feed market size in India<\/strong><\/a> reached a value of INR 942.4 Billion in 2020. Animal feed refers to the edible food that is fed to the livestock. Some of the commonly used animal feeds include cereal grains, compressed and pelleted feeds, hay, pasture grasses, straw, sprouted grains, and others. These products are widely mixed with various nutritional additives to improve an animal’s overall health. <\/p>\n

Request to get the sample report:<\/strong> https:\/\/www.imarcgroup.com\/indian-animal-feed-market\/requestsample<\/a>  <\/p>\n

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.<\/em><\/p>\n

Indian Animal Feed Market Trends:<\/strong><\/p>\n

The market in India is majorly driven by rising livestock production. This, in confluence with the increasing demand for animal-based products across the country, is providing an impetus to the market growth. Furthermore, significant growth in the dairy industry is positively influencing the market growth. Moreover, rapid advancements in technologies have led to the development of fortified and non-genetically modified organisms (non-GMO) animal feed variants, which are gaining widespread prominence across India. Additionally, numerous favorable initiatives undertaken by the Government of India (GOI) for encouraging the usage of high-quality animal feed to promote animal health are creating a positive outlook for the market. On account of these factors, IMARC Group expects the market to grow at a CAGR of 12.5% during 2021-2026.<\/strong><\/p>\n

Explore full report with table of contents: <\/strong>https:\/\/www.imarcgroup.com\/indian-animal-feed-market<\/a><\/p>\n

Competitive Landscape with Key players:<\/strong><\/p>\n

The report has also analysed the competitive landscape of the market with some of the key players being.<\/p>\n