Egg production to cross 9,500 crore in 3 yrs : ASSOCHAM
Egg production in the country was expected to surge from the present 7,500 crore to 9,500 crore by 2015, Apex Industry body ASSOCHAM said today.
Egg production in India is growing at a Compounded Annual Growth Rate (CAGR) of over eight per cent according to a sector specific analysis by the ASSOCHAM.
With over 2,800 crore eggs produced in the state per year, Andhra Pradesh accounts for the highest share of over 30 per cent in the total egg production.
"Tamil Nadu, with a share of about 20 per cent, ranks second with 2,000 crore eggs being produced in the state each year. Maharashtra, Haryana, Punjab and West Bengal are other leading egg producing states but each has a share of less than 10 per cent in the total egg produced in India.", it said.
Karnataka, Kerala and Odisha were the other significant egg producing states with over five per cent share.
"Low cost of egg production, high productivity, rise in egg consumption in the North owing to growing per capita income of a young and increasingly urban population and emerging export markets are certain key growth drivers of egg production in the country", ASSOCHAM National Secretary D S Rawat said, while releasing the chamber's analysis.
"On the flip side, rise in bird mortality rate due to less intake of feed resulting from an upswing in prices of essential feeds like soya, jowar, broken rice, maize and others together with seasonal uncertainties have led to a sharp rise in egg prices of late", he added.