The growth is continuing at 12 to 15 per cent.The broiler growing companies are becoming bigger and the feed mills are getting larger. More than 60 per cent of the feed is being processed. The layer farming with 220 million layers is growing at six to eight per cent and the egg prices are at record high.
The 58,000-crore Indian poultry industry is expected to report higher margins in the years to come .One of the biggest challenges facing the industry is the rising cost of soy-meal.
Its price increased 40 per cent from $548/tonne to $780/tonne in a couple of months in 2014. Feed costs account for 70 per cent of the total production cost. Though the industry has been experimenting with alternative feed ingredients such as bajra, jowar and rice bran, the scope for substitution remains limited.