Why egg business market share would be increased double by 2020

Poultry industry is always a fruitful segment as it contributed progressively to Indian economy. Production of broilers and eggs have been increased to 8 to 10 percent in previous fiscal year and to fulfil increasing demand more hatcheries will be developed in coming months. Eggs are figured as one of the few food items that provided complete balanced diet containing nutritious elements like proteins, vitamins and some percent minerals. It is the reason that eggs are must have at breakfast table around the world. Though Indian egg industry grows phenomenally but World Bank report suggested that India is considered among countries with a high rate of malnutrition among children.

Egg business is basically gaining more popularity in Andhra Pradesh, Tamil Nadu and Telangana. The Make in India initiative started by Indian government can support India’s egg industry; regulatory reforms taken by concern department would prove benefit to industry. According to reports in 2017, Indian egg farm owners enjoy good growth; generate huge revenues as feed costs have been dropped. More and more people started egg farms to fulfil needs and wants of large population. Technological advancements also help industry to groom, for instance, introduction of smart tracking egg production machine has enabled owners to find out diseases encounter to chickens. Year 2017 has proven beneficial to egg industry till date because monsoon was good in 2016 hence feeders require for chickens such as corn and soya bean could be in sufficient. It is estimated that demand for egg derived products would be continuously increased in coming years. There are few factors contribute unanimously to egg business like increased middle class income, urbanization, demand for healthy diets and changing lifestyle. It goes without saying that India is emerged as best destinations for investment when comes to egg industry. Number of egg restaurants established every year mesmerised general public because their purpose of eating healthy food items has been served.