Reasons To Invest
In 2024, the Indian meat market is forecast to have a value of $4.9 Bn.
100% FDI under government approval route for trading, including through e-commerce, in respect of food products manufactured and / or produced in India
Per capita chicken consumption is set to grow from 3.2 to 9.1 Kg by 2030.
Egg White powder market projected to be $88.45 Mn by 2027 at a CAGR of 8.6% during 2019-27.
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FDI Norms
100% FDI permitted through automatic route for Animal Husbandry (including breeding of dogs, fish farming, aquaculture, under controlled conditions)
100% FDI under government approval route for trading, including through e-commerce, in respect of food products manufactured and / or produced in India.
100% FDI permitted through automatic route for food processing.
Please refer to FDI policy.
100%
FDI Allowed
Growth Drivers
Government Support
Animal Husbandry infrastructure development fund
Pradhan Mantri Kisan Sampada Yojana
Foot & Mouth Disease Control Programme (FMD-CP)
Brucellosis Control Programme (Brucellosis - CP)
National Livestock Mission
Trade Scenario
- Animal Husbandry
Total Exports in the Livestock Sector in 2020-21 was valued at $3.5 Bn
In FY 2020-21, India exported $ 2.85 Bn worth of frozen bovine meat.
Meat Export increased by 5.11% from 2020-21 to 2021-22. Market to grow by 9% to $4 Bn by 2023. Major Export destinations are - Hong Kong, Vietnam, Malaysia, Egypt and Indonesia
India's export of eggs was valued at $63.86 Mn in 2021-22, major export destinations being: Oman, Maldives, Indonesia, Vietnam and Japan
India's export of processed meat is valued at $2 mn with an increase of 90.4% from 2018-19 to 2019-20, major export destinations being: Myanmar, UAE, Thailand, Qatar and Bhutan
India exported $1.42 Mn worth of swine meat in FY 2021-22.
India exported $ 23.79 Mn worth of poultry eggs in FY 2020-21.
India exported $60.03 Mn worth of Sheep/Goat meat in FY 2021-22.
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Team Articles
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