v
Manufacturers of Processed & Packaged Foods
& Beverages v
Progressive Farmers, Agro/ Horticulture
Producers v
Dealers & Distributors of Food Products v
Dairy Processors / Manufacturers of Dairy
Products v
Food Processing Plants v
Potential Investors v
Hotels / Restaurants (including Fast Food Chain) | v
Bakers & Bakery Owners v
Groceries/Kitchen Equipment’s v
Traders, Wholesalers of Food Products,
Commodities, Fruits, v
Vegetables, Pulses, Grains & Farm Products v
Universities v
Research Institutions & Colleges v
Consulates & Diplomats v
Retail Chains-Supermarkets, Small Retail
Establishments v
Agri Marketing Boards, Agro Industries
Corporation & | v
Agriculture Department v
Civil Supplies v
Animal Husbandry & Fisheries Development and
Related v
Organizations v
Dairy Co-operative & Farmers v
Dairy Development & Related Organizations v
Horticulture Department & Related
Organizations v
Agri Financing Corporations |
Overall Market Statistics of
the Agro-Processing Sector in Bangladesh
Export Performance
·
Bangladesh exports around 700 basic and processed products worth
nearly USD 2 billion.
·
In FY 2022–2023,
agro-processing export earnings reached USD
1.04 billion, spanning 152
countries.
· Exports have been growing at a CAGR of 18% over the past five years, mainly driven by processed snacks.
Domestic Market Size
·
The domestic agro-processing sector records
an annual turnover of USD 5.12 billion.
· The overall agricultural product market in Bangladesh is valued at USD 47.54 billion.
Global Growth &
Opportunities
·
Global demand for agricultural products is
expected to grow by 15% (2019–2028).
· Bangladesh’s agro-processing sector is projected to reach USD 19.01 billion by 2027 with a CAGR of 9.1%.
Government Initiatives &
Trade Agreements
·
The Ministry of Commerce has conducted
feasibility studies for PTA/FTA agreements with 26 countries/blocs, including:
·
Malaysia, South Korea, Japan, Singapore, USA,
Thailand, Lebanon, Morocco, Canada, and ASEAN.
·
Progress in PTA negotiations with:
·
Nepal, Sri Lanka, Indonesia.
· Bangladesh and Japan have started a Joint Feasibility Study for a proposed Bangladesh-Japan FTA/EPA.
Food Market Insights
(2023–2028)
·
Bangladesh food market revenue in 2023: USD 135.90 billion.
·
Expected annual growth (CAGR 2023–2028): 9.72%.
·
Market volume projected to reach 55.83 billion kg by 2028. Volume growth in 2025: 5.1%.
·
Largest segment in 2023: Bread & Cereal Products valued
at USD 25.17 billion.
· Food commodity production expected to grow at 8.5% per year (2020–2025).
Dairy Industry
·
The local dairy industry meets ~65% of Bangladesh’s 15.2 million metric tons annual
milk demand.
·
Indicates strong potential for self-sufficiency and sustainable growth.
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