Animal Feed From Bagasse - Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost And Revenue, Plant Economics
|The demand for food of animal origin is increasing in India due to economic growth, population growth and urbanization, which in turn means greater use of cereals and oilseeds for animal feed. India is going through a livestock revolution. India has one of the largest populations of cattle in the world and ranks number one in milk production. The dairy industry is spread across the whole country and it is growing at an annual growth rate of 5%. Most of the feed comes from grazing although a small portion of concentrate feed containing various feed additives for enhancing milk production is being given to cattle. Most of the feed manufacturers in India make both poultry as well as cattle feed. The demand for usage of cattle feed will grow if the feed is economically viable. The challenge is to make a nutritionally competent feed using low-grade fibrous crop residues, which are mainly by products from other industries along with feed additives. Bolstered by spikes in feed prices and increasing demand from downstream farm supplies wholesalers, the Farm Animal Food Production industry's revenue has increased at an annualized rate of 3.7% to $31.7 billion during the past five years. Global population growth and expansion of developing economies have further boosted demand for meat, requiring greater supply of feeds to match growing production. It is expected that Asia will hold nearly 29% of the animal feed additives market by 2016.|
|Plant capacity: 30,000 MT/Annum||Plant & machinery: Rs. 222 Lakhs|
|Working capital: -||T.C.I: Cost of Project: Rs 1070 Lakhs|
|Return: 26.00%||Break even: 48.00%|
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