Indian Kadaknath Market
Report ID: SQSIC30I2389
Indian Kadaknath Market Size, Share, Growth Analysis, By Type(Jet Black, Others), By Application(Household, Commercial), By Region - Industry Forecast 2024-2031
Report ID:
SQSIC30I2389 |
Region:
Country |
Published Date: April, 2024
Pages:
157
|Tables:
61
|Figures:
75
Indian Kadaknath Market Insights
Indian Kadaknath Market was valued at USD 29.2 million in 2019, and USD 33.6 in 2019 and it is expected to reach a value of USD 103.6 million by 2031, at a CAGR of 15.1% over the forecast period (2024-2031).
Kadaknath is a prominent indigenous breed of bird found in extensive sections of Western Madhya Pradesh, mainly in the districts of Jhabua and Dhar. Kadaknath has been bred for quite some time. Tribes raised poultry, resulting in several generations of selection and breeding. Some of the key breed characteristics were the result of gene fixation. This chicken's flesh and internal organs are black, which is a breed feature. It should also be noted that it is India's one-of-a-kind black meat chicken breed. Meat and eggs are also said to be high in protein. Kadaknath Poultry's Distinctiveness The trachea, thoracic and abdominal air sacs, gonads, elastic arteries, near the base of the heart, and mesentery all have the typical black colouring of this breed.
The protein-rich and black-colored flesh of the Kadaknath kind of chicken, which is endemic to Jhabua, is the only animal breed to get a GI tag. The Kadaknath breed's comparative value, both economically and nutritionally, making it increasingly significant among chicken breeds. Kadaknath is transforming the lives of farmers in Madhya Pradesh and Chhattisgarh's tribal regions. Kadaknath has already reached 117 districts in 20 Indian states and has been exported to Asian nations.
Indian Kadaknath Market is poised to grow at a sustainable CAGR for the next forecast year.
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Indian Kadaknath Market Segmental Analysis
The Indian Kadaknath Market is segmented based on the Type, Application, and Region. Based on the Type, the Indian Kadaknath Market is segmented as Jet Black and Others. Based on the Application, the Market is segmented as Household and Commercial. Based on Region Indian Kadaknath Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Indian Kadaknath Market Analysis by Application
In terms of type, Jet black dominated the Indian market in 2021 and is projected to show a similar trend over the forecast period. Kadaknath identity is its jet-black colour or in other words black flesh. Kadaknath is a significant indigenous breed of poultry native to Western Madhya Pradesh, namely the Jhabua and Dhar Districts, as well as surrounding portions of Gujarat and Rajasthan.
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Indian Kadaknath Market Regional Insights
Indian Market is quickly emerging as a lucrative market for Kadaknath and the world's leading market. India is projected to witness the fastest growth owing to increasing per capita spending coupled with a growing demand for meat containing high nutrition. The commercialization of Kadaknath chicken raising, particularly in Kerala, Andhra Pradesh, Telangana, and Tamil Nadu. The flesh of Kadaknath chicken is black, while the eggs are brown. The new Kadaknath manufacturing process has lowered mortality from more than 50% to less than 5%. You may now expect 10 to 12% mortality, which has increased the survival rate and total earnings in Kadaknath chicken farming.
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Indian Kadaknath Market Dynamics
Indian Kadaknath Market Driver
Multiple health benefits of consuming Kadaknath
- People suffering from chronic ailments and disorders such as anaemia take Kadaknath meat and blood. Those with high blood pressure can consume it since it has reduced cholesterol. The melanin pigment in Kadaknath blood and meat is reported to be good for patients with vitiligo, a condition in which the skin discolours unevenly in spots owing to a melanin shortage. In addition to having aphrodisiacal characteristics, Kadaknath flesh is thought to help regulate the menstrual cycle. Kadaknath eggs can aid with severe headaches, fainting episodes, asthma, and nephritis. Its meat and eggs are also thought to be beneficial to TB sufferers. According to research done by Mysore's Central Food Technological Research Institute (CFTRI), Kadaknath meat is beneficial to cardiac patients because it increases the supply of blood to the heart.
Indian Kadaknath Market Restraint
Increasing cost and competition from local players
- Kadaknath is exotic chicken in India and hence the price of this chicken is high and different from the normal country and broiler chicken. Because it is an uncommon breed, this chicken is pricey for a variety of reasons. They take longer to grow because of their reduced reproductive rate, therefore the greater price. This chicken may cost between 13 and 11 dollars per kilogramme.
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Indian Kadaknath Market Competitive Landscape
Kadaknath chicken is in high demand, and the breed was recently approved for sale throughout India. As a result, the market is now highly concentrated and is expected to give many development opportunities during the projection period. This breed's medicinal value is particularly valuable in homoeopathy and is beneficial in the treatment of certain medical conditions. Tribal groups mostly raise the Kadaknath chicken breed in Bhil and Bhilala.
Indian Kadaknath Market Top Player's Company Profiles
- KADCO (Kadaknath Development and Marketing Corporation)
- KADF (Kadaknath Association and Development Federation)
- Sanchi Poultry Farm
- Nagori Farm
- Nimran Kadaknath Farm
- Yadav Poultry Farm
- Jeev Poultry Farm
- Raja Farms
- Aatish Kadaknath Farm
- Kadaknath Poultry Farm
- Ujjawal Kadaknath Farm
- Shree Ganesh Kadaknath Farm
- Asha Kadaknath Farm
- Shri Manglam Kadaknath Farm
- Rana Poultry Farm
- Mahakal Kadaknath Farm
- Saurabh Kadaknath Farm
- Shri Krishna Kadaknath Farm
- Prakash Kadaknath Farm
- Raj Poultry Farm
Indian Kadaknath Key Market Trends
- Consumers are prepared to spend more money on good quality meat plus, Kadaknath chicken is also available on growing online meat delivery platforms such as licious, big basket, etc.
- Kadaknath can flourish in harsh climates, making it ideal for the Indian climate. It has a great resistance to illnesses. This makes it a low-maintenance breed that is extremely profitable for the poultry industry. It is India's sole black meat chicken and one of just three in the world; it also has export potential. Many programmes are being undertaken by the governments of Madhya Pradesh and Chhattisgarh to encourage Kadaknath chicken farming. In Chhattisgarh, the government provides 1,000 chicks, 30 chicken shelters, and feed for six months in three payments for a deposit of Rs 53,000. At the same time, the government is in charge of vaccinations and other forms of health care. Furthermore, when the chickens reach adulthood, the government provides assistance.
Indian Kadaknath Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by robust Secondary Desk research.
According to our Indian Kadaknath Market Analysis, every month after the sixth month, a farmer may generate a profit of roughly $ 700 after all farm running expenses in the wholesale market and nearly double the profit in retail sales. During the festival season, Kadaknath cockerel may be purchased for anywhere between $ 10 and $ 15. As a result, kadaknath will soon take over the chicken market.
| Report Metric | Details |
|---|---|
| Market size value in 2019 | USD 29.2 million |
| Market size value in 2031 | USD 103.6 million |
| Growth Rate | 15.1% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Indian Kadaknath Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Indian Kadaknath Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Indian Kadaknath Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Indian Kadaknath Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Indian Kadaknath Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Indian Kadaknath Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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