Broiler meat demand to grow 5%-7% a year in long term - Feedback

India^s domestic broiler meat demand is expected to grow at an annual rate of 5%-7% in volumes in the long term while table egg sales would grow 4%-5% a year, says a new report by credit rating agency ICRA. Value growth of broiler industry is expected to be higher at above 10%.

The transition of poultry industry from a predominantly live bird and wet market to a chilled and frozen market would be crucial for the future growth of the domestic poultry industry as well as to increase presence in international trade where India currently has a negligible presence, ICRA said in a statement on Tuesday

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