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…
Indian poultry Industry revenues to grow by 8-10% : ICRA
