2025, Vol. 10, Special Issue 10

A well-integrated food market is essential for ensuring food security. An integrated food market leads to lower volatility thereby dampening the impacts of regional and temporary shocks in the demand and supply of the food products, potentially leading to decreased episodes of periodic food insecurity. In this study, we analyze the integration of major animal-source food product markets in India. Wholesale price indices of seven animal-source food products are analyzed using the principal component analysis in a recursive rolling-window framework to obtain a time-varying measure of market integration. Results show that there is potential to improve the integration of animal-source food product markets in India especially the poultry product markets. This article discusses the implications of the findings with respect to food security in India.