December 17, 2012

 

India to see increased egg production by 2015
 

 

India's egg output is likely to increase from the present level of about 7,500 crore to 9,500 crore by 2015.

 

Egg production in India is growing at a compounded annual growth rate ( CAGR) of over 8%. With over 2,800 crore eggs produced in the state per year, Andhra Pradesh accounts for the highest share of over 30% in the total egg production across India, according to an Associated Chambers of Commerce and Industry of India (ASSOCHAM) analysis.

 

Tamil Nadu, with a share of about 20%, ranks second with about 2,000 crore eggs produced in the state each year. Maharashtra, Haryana, Punjab and West Bengal are other leading egg producing states in India but each has a share of less than 10% in the total egg produced in India.

 

Karnataka, Kerala and Odisha are other significant egg producing states with over 5% in egg production across India.

 

India exports over five crore eggs each year and the winter season is the peak season for exports. Afghanistan, Algeria, Hong Kong, Maldives, Middle East and African countries are leading export markets for eggs produced across India and Brazil, China, Europe, Taiwan and the US are India's biggest competitors in this regard.

 

Namakkal in Tamil Nadu is India's egg export hub and accounts for over 90% of India's total egg exports.

 

The global market for eggs is currently at over 2,000 billion and is rising at a growth rate of over 60%.

 

Asia accounts for about 60 % of global egg production followed by the US, Brazil and Mexico as they together account for about 20 %, Europe (15 %), Africa (about 4%) and rest of the world accounts for about 1%.

 

High tariff, domestic monopolies, different standards vis-a-vis sanitation, hygiene, price range of animal feed and outbreak of diseases are certain key barriers to the growth of global egg market, highlights the ASSOCHAM analysis.

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