Year: 2023

Feed costs may spike going forward, exerting pressure on margins of poultry companies in H2 FY2024 commodity inflation could disrupt the momentum in H2 ICRA, a prominent credit rating agency, has said in its PR that Indian Poultry Industry maintained its revenue growth projections for the domestic poultry sector1 in FY2024, estimating a range of approximately 8-10%. This optimistic outlook is fueled by substantial volume expansion and an increasing market share of organized players within the industry. The first half of FY2023 witnessed robust realizations; however, they gradually declined due…

Get ready for the 2024 International Production & Processing Expo (IPPE), happening from January 30 to February 1 at the Georgia World Congress Centre in Atlanta, Georgia. This time around, the exhibition space has expanded to a whopping 600,800 square feet, taking up all four halls of the center and marking it as the biggest trade show floor in IPPE’s history. With over 1,295 exhibitors on board, attendees can expect a full week of educational programs, cutting-edge technology displays, interactive activities on the show floor, and ample networking opportunities with…

Union Minister Shri Parshottam Rupala while interacting with media onboard while commencing the next phase of Sagar Parikrama program from Chennai stated that this is a big news and will be a game changer for our poultry sector In a significant development for India’s poultry industry, the World Organisation for Animal Health (WOAH) has approved India’s self-declaration of freedom from Highly Pathogenic Avian Influenza (HPAI) in specific poultry compartments. This achievement is a testament to India’s commitment to maintaining high standards of animal health and biosecurity. Background on Zoning and…

Virbac, a prominent player in the global animal health industry, has recently announced a significant agreement to acquire Globion, a leading specialist in poultry vaccines based in India. This strategic move is poised to enhance Virbac’s leadership in the Indian animal health market by expanding its poultry portfolio into the rapidly growing segment of avian vaccines. Founded in 2005 as a joint venture between Suguna Group, a major Indian poultry conglomerate, and Lohmann Animal Health, a German specialist in poultry vaccines, Globion has emerged as a key player with robust…

Cobb is strategically expanding its presence in Africa through a new joint venture with the Irvine’s Group. The Irvine’s Group, Cobb’s longest-standing distributor, has been actively involved in the production and distribution of Cobb products in Africa for an impressive span of 72 years. The focus of this joint venture is the establishment of a new grandparent (GP) operation in Tanzania, aimed at providing East Africa with a sustainable source of healthy, affordable, and high-quality broiler breeding stock. This initiative serves to reinforce Cobb’s already robust foothold in the region,…