Meat sector boom: Share in farm output rises 2.5 pc points to 7.5% in a decade

India’s meat sector boomed in the last decade, with its share in the value of agriculture sector output increasing to 7.5 per cent in 2023-24 from 5 per cent in 2011-12 when measured in constant prices, according to data from the statistics ministry released on Friday.

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In current prices - or prices not adjusted for inflation - the increase in share of meat’s Gross Value of Output (GVO) was similar: from 5 per cent in 2011-12 to 7.7 per cent in 2023-24. "Livestock sector has witnessed a significant boom during the last decade," the Ministry of Statistics and Programme Implementation (MoSPI) said in its 'Value of Output from Agriculture and Allied Sectors' report. The GVO of the sector rose to Rs 9.19 lakh crore in 2023-24 from Rs 4.88 lakh crore in 2011-12 in constant prices, with its share in the GVO of agriculture and allied activities rising to 31.2 per cent from 25.6 per cent over the same period. The overall GVO of agriculture and allied activities - which include crops, livestock, forestry and logging, and fishing and aquaculture - was Rs 29.49 lakh crore in 2023-24, up from Rs 19.08 lakh crore in 2011-12. According to MoSPI's national accounts data, 'agriculture, livestock, forestry and fishing' accounted for 14.7 per cent of the total gross value added in the country in 2023-24. This edged down slightly to 14.4 per cent in 2024-25.