Intelligence / Feed Intelligence
AnimStok · Feed Intelligence · India & Global
India Animal Feed Industry
Intelligence Platform
Institutional-grade intelligence on India's ₹1.4 trillion feed manufacturing sector — company profiles, market structure, aqua feed, and global benchmarks. For investors, fund managers, and corporate strategy teams.
₹1.4T
India feed market size
35M MT
India annual volume
8.2%
Industry CAGR (5-yr)
18.4%
Aqua feed growth rate
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LiveLargest Feed Companies
India top 3 + global top 5 ranked by volume and revenue
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LiveCompany Profiles
8 companies with revenue, capacity, EBITDA, and source data
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LiveAqua Feed Deep-Dive
Vannamei shrimp economics, AP geography, Avanti vs Cargill vs CP
Explore →
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LiveFeed Input Prices
Maize, soya, bhusa, chan chilka — today's commodity prices & Feed Pressure Index
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LiveIndustry Events
VICTAM, IPPE, VIV Asia feed track — global feed calendar
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Market Signals
Feed Industry Insights
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Aqua feed is the fastest-growing segment at 18.4% CAGR — Andhra Pradesh's vannamei shrimp belt drives demand. Avanti Feeds controls ~60% of this segment with its CP Foods JV.
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Organised ruminant (cattle) feed penetration is still below 15% — the largest structural growth opportunity in India feed. Godrej Agrovet and De Heus are the primary organized players.
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Maize is 55-65% of poultry feed cost. India's maize price volatility (₹1,800–2,400/quintal range) directly compresses or expands broiler feed margins — watch kharif harvest data each October.
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Global feed leaders (Cargill, De Heus, CP Foods via Avanti JV) are expanding India operations — signalling high conviction in India's animal protein consumption growth through 2030.
Commodity Inputs
Feed Input Prices — India
Key raw materials driving feed margins: maize, soya, bhusa, chan chilka
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Maize (Corn)
₹18–26/kg
% of poultry feed cost
55%
55–65% of poultry feed cost. MSP ₹22.25/kg (2024–25). Kharif harvest drives Oct price crash. Ethanol blending policy has raised the price floor.
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Soybean Meal (DOC)
₹33–55/kg
% of poultry feed cost
25%
Highly volatile — spikes to ₹65+/kg in drought years (2021, 2026). Indore is India's benchmark spot market. Brazil/US crop seasons drive domestic prices.
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Bhusa (Wheat Straw)
₹5–12/kg
% of poultry feed cost
10%
Primary roughage for cattle & buffaloes. Strong seasonal swing: ₹5–7/kg post-harvest (Apr–Jun), ₹10–12/kg lean season (Dec–Feb). UP/Punjab supply dominated.
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Chan Chilka (Rice Husk)
₹2–5/kg
% of poultry feed cost
8%
Chawal ki chilka — cheap bulking agent in ruminant rations. Punjab/WB rice mill by-product. High silica content limits inclusion rate to ~5–8%.
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Mustard De-oiled Cake
₹24–32/kg
Protein supplement for goat & cattle. Rajasthan (Jaipur, Khairthal) and MP (Morena) are primary crushing zones. Up ~80–100% from 2020 baseline of ₹14–18/kg.
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Rice Bran / DORB
₹10–25/kg
Raw bran ₹10–18/kg; De-oiled rice bran (DORB) ₹18–25/kg — confirm which form your supplier provides. Used in poultry and aqua feed. WB/UP/AP primary sources.
🌽 Live Feed Cost Index — Track daily commodity price movements
Maize · Soybean Meal · Wheat Bran · Mustard DOC · Rice Bran · Bhusa · Chan Chilka + Feed Pressure Index
India Market Structure
Feed by Segment (35M MT Total)
Poultry Feed
19.6M MT6.1% CAGR
56% of total
Cattle Feed
9.8M MT4.2% CAGR
28% of total
Aqua Feed
3.5M MT18.4% CAGR
10% of total
Pet & Other
2.1M MT22.0% CAGR
6% of total
India Rankings
Top India Feed Companies
#1
🇮🇳 Avanti Feeds
Aqua Feed$0.45B
#2
🇮🇳 Suguna Foods
Poultry Feed$0.36B
#3
🇮🇳 Godrej Agrovet
Ruminant Feed$0.35B
Company Intelligence
Feed Industry Leaders
🇮🇳 Avanti Feeds
AVANTIFEED · NSE / BSE
Revenue FY2024-25
$451M
Total company
Capacity
1M MT
per year
Revenue, capacity, segments, data sources →
🇮🇳 Godrej Agrovet
GODREJAGRO · NSE / BSE
Revenue FY2024-25
$347M
Animal feed segment only
Capacity
3M MT
per year
Revenue, capacity, segments, data sources →
🇮🇳 Suguna Foods (Feed Division)
Private · India
Revenue FY2024-25
$357M
Feed division only
Capacity
4M MT
per year
Revenue, capacity, segments, data sources →
🇺🇸 Cargill Animal Nutrition
Private · United States
Revenue 2023
$25.0B
Animal Nutrition segment
Capacity
70M MT
per year
Revenue, capacity, segments, data sources →
🇹🇭 CP Foods — Feed Division
CPF · SET Thailand
Revenue 2023
$7.5B
Feed segment
Capacity
22M MT
per year
Revenue, capacity, segments, data sources →
🇺🇸 ADM Animal Nutrition
ADM · NYSE
Revenue 2023
$3.2B
Nutrition segment revenue
Capacity
32M MT
per year
Revenue, capacity, segments, data sources →
🇳🇱 De Heus Animal Nutrition
Private · Netherlands
Revenue 2023
$4.5B
Total company revenue
Capacity
12M MT
per year
Revenue, capacity, segments, data sources →
🇨🇳 New Hope Group
000876 · SZSE (Shenzhen)
Revenue 2023
$23.0B
Total company
Capacity
60M MT
per year
Revenue, capacity, segments, data sources →
What Feed Intelligence Covers
✓ In Scope
✓Feed manufacturers and their financials
✓Market segments (poultry, aqua, ruminant)
✓Aqua feed deep-dive (AP/TN coast)
✓Company comparisons and rankings
✓Global feed company benchmarks
✓Industry events (VICTAM, IPPE, VIV Asia)
✗ Not Here
✗Commodity input prices (soya, corn, bhusa, chan chilka)
✗CBOT / NCDEX live prices → see /global-feed-prices
✗FCR calculators or farmer buying guides → see /feed-cost
✗Premix and additive pricing (too granular)
Global commodity prices → /global-feed-pricesData Sources & Methodology
Built from public filings, not paywalled data
Every metric includes its source, reporting period, and confidence level — displayed on each company profile. Financials sourced from annual reports and exchange filings. Estimates are clearly marked.
NSE / BSE India FilingsSEBI Annual ReportsSET Thailand FilingsNYSE / SZSE FilingsCLFMA of IndiaMPEDA (Seafood Export)Rabobank Feed Sector ReportsCompany Annual ReportsInvestor PresentationsAPEDA