My conclusions match yours.Indians are very reluctant to try out new foods and especially when it comes to meat.When they travel abroad too they want indian food(ask all the tour operators). Even if the more adventurous ones taste emu meat, how many are going to eat it regularly or even on special occasions.Even things like duck ,quail and rabbit which have been here for ages are still confined to certain areas.Emu meat for domestic consumption seems like a non starter, even abroad emu meat hasn’t really caught on.It is still a novelty item along with,ostrich meat,crocodile tail etc.
The emu oil seems to be the most attractive and lucrative part of the whole emu economics.
The local market here seems totally driven on the supplying of new farms opening and requiring chicks ,breeding stock etc.So the business is largely(if not totally) dependent on these new entrants.So what happens if there is a slowdown and people start feeling that it is not such a profitable proposition after all? What will happen to all the existing stock?The whole thing could fall down like a pack of cards.
These are some of the doubts I encountered when I looked into this business.I hope I am wrong and somebody from the industry can allay our fears and give us a sound business model.