25.04.2017
India is currently second fastest growing processed meat and poultry market globally with a Compound Annual Growth Rate (CAGR) of 22%. Indonesia stands first in this category with 26.7% CAGR between 2011 and 2015 followed by Vietnam at 15.5%, China at 13.9% and Brazil at 10.9%. Indonesia’s processed meat and poultry market reached a value of IDR 16 trillion in 2016 (1.2 billion $), while India is estimated to have reached a value of INR 11 billion (170 million $).