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Market Pulse

Market Pulse August 2017

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Published On:
08-24-2017

Description

In South Asia the feed industry is growing rapidly. The feed industry of Bangladesh has seen drastic uptrend in recent times. While there was no use of industrial feed in 1990, currently broiler industry use 100% industrial feed while layer and fish industry use 50% industrial feed and the market size is increasing every year. There is a huge gap between production & supply of the feed items. Current annual turnover in feed industry is over BDT 100 billion and increasing at a rate of 10% every year. As our consumption is very low compare to other country, our internal growth scope is immense. Since 2000, exports from Asian nations have more than doubled from 204,000 tons to 418,000 tons as a result of increased shipments from Turkey, Malaysia, China, India and, to a lesser extent, Thailand.