The market is dominated by domestic suppliers, as imports account for 0.7% of total market size in 2023. Households drive market demand, with household spending representing 80.2% of total demand in 2023. India has the fourth largest market size for meat and meat products regionally, with demand reaching USD18.2 billion in 2023. Suguna Foods Pvt Ltd is the largest company in India, generating 6.8% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 13.4% of total production value in 2023. The total number of companies decreases in 2023, to 83,707 units. The costs of the industry decrease by 1.3% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 2.2% of production value in 2023, the 18th highest regionally. The industry’s exports share decreases in 2023 to 9.9% of total production output. With production value of USD11.6 billion, India accounts for 3.0% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Meat and Meat Products in India: ISIC 1511. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Meat and Meat Products in India: ISIC 1511 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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