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Table-7: Supply and demand for livestock related products



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Table-7: Supply and demand for livestock related products
Products
Supply
Growth
Rate
2000-2020
Demand
Surplus
2020
Milk
5
%
4.82
%
71.54 million tons
Mutton and Goat Meat
14.70
%
13.62
%
1.85 million tons
Beef and Buffalo Meat
4.70
%
3.40
%
6.64 million tons
Chicken
9.50
%
4.72
%
3.39 million tons
Eggs
8.10
%
6.12
%
6.12 billion eggs
Source: National Centre for Agricultural Economic Policy and Research -NCAEPR

It is evident that the growth rate of income from the livestock economy, is vastly greater,
than that of regular agriculture. Over the next decade or so, the share of the livestock economy in agriculture, is expected to rise from the present level of 20%, to about 40% i.e.
almost double. Please see Table for growth projections for livestock products.
Livestock insurance density in India and Claim ratios are reported in the Tables 8 and 9
below:

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