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Uncertainties in Indian poultry sector – where do we stand and where we are destined to go

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TITLE: UNCERTAINTIES IN INDIAN POULTRY SECTOR – WHERE DO WE STAND AND WHERE WE ARE DESTINED TO GO

 

Poultry-Hatchery

The current position where the Indian poultry industry stands as of now is perhaps in the doldrums. It seems to be an exaggeration considering the still-high input of the poultry sector to the agricultural and livestock sector GDP and the national GDP as well, but a deeper insight into the situation may speak in support of the statement above.

Let us revise what the statistics say about the current position and future prospects of the Indian poultry industry before zooming in on the actual points of the uncertain areas.

The world scenario – a brief overview

The world population in 2010 stood at 6.9 billion and is expected to rise to 8.30 billion by 2030. The world’s total production of poultry meat during 2010 was approximately 95 MMT where the share of Asian and South American continents is steadily rising (52%) while that of North and Central America and Europe are shrinking consistently. Global growth in egg uptake has been remarkable and in this segment too the contribution of the Asian countries stands at more than 60%. The number of undernourished people in the world remained unacceptably high at 0.93 billion in 2010, although slightly lower than 1.023 billion in 2009. At present more than half of the