Top 10 Companies in the Indian Animal Feed Market

The Indian animal feed market reached a value of about USD 14.34 billion in 2023. The market is projected to grow at a CAGR of 3.9% in the forecast period of 2024-2032 to reach around USD 20.28 billion by 2032. As per the analysis by Expert Market Research, the market is expected to be driven by the increasing government support on animal husbandry and feed.

Animal feed comprises nutritionally balanced food items crafted for livestock and poultry consumption. These feeds, which include pasture grasses, cereal grains, hay, and by-products like brewers' grains and pineapple bran, play a crucial role in maintaining animal health and enhancing the quality of end-products such as meat, eggs, and milk. The industry covers sectors like cattle, poultry, and aquaculture, offering a range of raw, processed, and semi-processed products meticulously formulated with essential nutrients like vitamins and minerals.

The Indian animal feed market experiences a surge propelled by the expanding dairy sector, buoyed by the advent of the White Revolution 2.0. This initiative has led to substantial growth in the country's cattle population, positioning India as a major market for cattle feed with the largest cattle population globally. As the dairy industry evolves into a more organised structure, the demand for commercial cattle feed in India is expected to escalate.

The animal feed market in India gains additional momentum from the emergence of non-conventional feed ingredients and technological breakthroughs, including innovations like genetically modified animal feed components. 

In December 2022, the Asian Development Bank (ADB) and ABIS Exports India Private Limited (ABIS) signed an agreement to invest USD 16 million (equivalent in Indian rupee) in non-convertible debentures. This initiative aimed to bolster food security in India by backing the establishment of a micro fish feed plant. Additionally, it involved training up to 6,000 farmers in climate-resilient fish farming methods and financial literacy. The specialised micro fish feed, smaller in size than standard feed, proved beneficial for various fish species, floating longer on water surfaces to enhance feed efficiency and reduce water pollution.

Top 10 Animal Feed Companies in India:

Cargill, Incorporated

Cargill, a family-owned company, provides essential food, agricultural, financial, and industrial products worldwide in a safe, responsible, and sustainable manner. With over 158 years of experience, the company collaborates with producers and customers across 70 countries to deliver vital resources for daily living. Sustainability is at the core of the operations, guiding the long-term vision as anticipated and addressed through evolving needs. The company’s 155,000 employees are committed to nourishing the world responsibly, minimizing environmental impact, and enhancing local communities.

Suguna Foods Private Limited

Suguna Foods Pvt. Ltd, India's leading poultry conglomerate, has achieved a turnover of over INR 10,750 crore in its 35+ years of operation, emerging as the country's top broiler producer and among the top 10 globally. With a commitment to rural India's economic and social progress, Suguna has empowered over 40,000 farmers across 18 states, revolutionising the poultry sector with integrated operations spanning farms, hatcheries, feed mills, and processing plants. Its pioneering contract farming initiatives have fostered rural entrepreneurship while ensuring quality and care for stakeholders.

Japfa Comfeeds India Pvt. Ltd.

Japfa Comfeed India Pvt. Ltd. is a leading agri-food company in Indonesia, excelling in animal feed manufacturing, chicken breeding, poultry processing, and aquaculture farming. With vertical integration and economies of scale as its key strengths, Japfa ensures quality and cost efficiency across its operations, mitigating price volatility and enhancing customer-centric practices. It holds a significant share of the domestic poultry market and aims to expand into value-added and consumer branded foods, cementing its position as a top integrated food company.

Nouriture - Anmol Feeds Private Limited.

Nouritiure, an ISO 9001:2015 certified company, is committed to producing premium livestock feed for optimal animal health and productivity. With a presence in 20 states and a network of over 600 dealers, the company prioritises providing farmers with nutritious feed options to enhance their livestock's well-being and performance. The technology-driven approach ensures future-ready solutions, fostering profitability and sustainability in the farming community. Nouritiure's mission is to deliver value-driven, nutritionally-rich products, fostering mutual benefits and a sustainable agricultural ecosystem.

Godrej Agrovet Limited (GAVL)

Godrej Agrovet, a leading food and agri conglomerate, focuses on enhancing Indian farmers' productivity through innovative products and services. With diversified operations in Animal Feed, Crop Protection, Oil Palm, Dairy, and Poultry, it holds prominent market positions in each sector. The company's initiatives span from developing smallholder Oil Palm Plantations to offering innovative agrochemical solutions. Acquisitions like Astec Life Sciences Limited and Cream Line Dairy Products further strengthen its portfolio. Additionally, joint ventures such as the one with Tyson Foods underscore its commitment to sustainable growth and industry leadership.

SKM Animal Feeds & Foods (India) Private Limited

In 1981, SKM Animal Feeds and Foods (India) Pvt. Ltd. was founded, establishing a modern feed manufacturing unit in Nanjaiuthukuli, Tamil Nadu. Pioneering rural marketing, SKM offered vital services like project report assistance and veterinary care, alongside innovative schemes such as egg collection in exchange for feed. This pioneering approach led to substantial rural growth, providing sustainable self-employment opportunities for farmers. Starting with a modest 36,000 MTS annual capacity in 1983, SKM's production now boasts a remarkable 130,000 MTS per month.

Kapila Agro Group

Kapila Agro Group, a premier cattle feed producer in India, possesses a daily production capacity of 1600 MT. With deep-rooted connections to farmers, the company offers innovative products and agricultural education. Operating from three expansive manufacturing units in Uttar Pradesh and Punjab, equipped with both automatic and semi-automatic facilities, Kapila dominates the North Indian cattle feed market. Their workforce of over 100 skilled individuals and extensive network of 700+ distributors underscore their leadership position. 

KSE Limited

In 1963, Kerala Solvent Extractions Ltd. launched its inaugural solvent extraction plant, heralding its ascent in the agro-processing sector. From this humble beginning, KSE Ltd. emerged as India's foremost producer of compound cattle feed. Recognised for its innovation and excellence, KSE garnered numerous awards, including eleven consecutive honours from the National Productivity Council. Expanding beyond feed production, KSE ventured into milk procurement and processing, introducing popular brands like KS Milk and Vesta Ice Cream in Kerala. This diversification underscores KSE's agility and market adaptability.

Avanti Feeds Limited

Founded in 1993, Avanti Feeds emerged as a premier integrated fisheries company in India, specialising in hatcheries, farms, aquafeed, and processing. Committed to enhancing aquaculture sustainability, it boasts a joint venture with Thai Union Group Public Company Limited and is listed on Indian stock exchanges. With over 5000 employees and USD 500 million in revenue, Avanti has garnered prestigious awards such as Fortune Next 500 and Forbes Asia's Best under a Billion. Their farm-to-fork model, backed by innovative technology and quality standards, ensures top-notch products for global shrimp consumers.

Uno Feeds

Uno Feeds, located in Andhra Pradesh, India, is a pioneering fish feed manufacturing company with a visionary outlook. Recognising the importance of continual investment in research and development, Uno stands ready to meet evolving needs in aquaculture. With a rich history of success, Uno is poised to deliver innovative solutions and maximise production efficiency for fish farmers. Specialising exclusively in fish feed, Uno's commitment to quality and sustainability ensures optimal results for customers. Their leadership in nutrition and ethical practices underscores their dedication to both industry advancement and societal well-being.