Growth Dynamics and Export Potential of India's Poultry Sector: A Comprehensive Analysis
Mohanakrishnan Kuppan *
Department of Agricultural Economics, Faculty of Agriculture, Annamalai University, Annamalainagar – 608002, India.
S. Ravichandran
Department of Agricultural Economics, Faculty of Agriculture, Annamalai University, Annamalainagar – 608002, India.
R. Venkataraman
Department of Agricultural Economics, Faculty of Agriculture, Annamalai University, Annamalainagar – 608002, India.
A. Pouchepparadjou
Pandit Jawaharlal Nehru College of Agriculture and Research Institute, Karaikal – 609603, India.
S. Ramesh
Department of Agronomy, Faculty of Agriculture, Annamalai University, Annamalainagar – 608002, India.
*Author to whom correspondence should be addressed.
Abstract
India ranks as the third largest egg producer and fifth largest producer of poultry meat globally. Commercial poultry farms accounts about eighty-five percent of countries' egg production, the remaining comes from household/backyard poultry. Poultry production plays a significant part in the socio-economic life of India's rural population. This research focused on growth trends, instability in egg and poultry meat production and export trend, instability and Markov chain model was used to identify the market share of importing countries and stable importers of Indian poultry products. The state wise analysis revealed that the Uttar Pradesh registered highest growth rate among the top ten egg producing states for the study period. The export of poultry products has positive growth. Oman and Maldives are reliable market partners for India’s poultry product over the period.
Keywords: Production, export, growth rate, instability index, Markov chain