Bangladesh Animal Feed Market Report and Forecast 2025-2034

Bangladesh Animal Feed Market Report and Forecast 2025-2034

Market Outlook

According to the report by Expert Market Research (EMR), the Bangladesh animal feed market size witnessed a healthy growth in 2024. Aided by the increasing demand for convenient, long-shelf-life dairy products and the rising popularity of lactose-free and speciality UHT milk options, the market is projected to grow at a CAGR of 8.70% between 2025 and 2034.

The Bangladesh animal feed market growth is being driven by the increasing demand for meat, milk, and eggs. The rapid expansion of the livestock and poultry sectors, coupled with a growing population and urbanisation, is propelling the demand for high-quality animal feed. As the country continues to modernise its agricultural practices and enhance livestock production, the need for nutritious, efficient, and cost-effective animal feed has become more pronounced. The market is playing a crucial role in supporting the country's food security and agricultural sustainability, as it ensures the provision of essential nutrients for healthy livestock, which, in turn, contributes to the growth of the broader agriculture sector.

Livestock farming is a vital part of the Bangladesh animal feed market, with a significant focus on poultry, cattle, and aquaculture. The increasing consumption of animal-based protein products such as meat, milk, and eggs, is driving the demand for animal feed. As the country’s middle class expands, dietary preferences are shifting towards higher protein consumption, particularly in urban areas. This surge in demand for animal products is boosting the need for animal feed to ensure optimal growth, health, and productivity in livestock farming. As a result, animal feed producers in Bangladesh are focusing on improving the quality and availability of feed to meet the needs of this growing market.

Poultry farming is a key contributor to the Bangladesh animal feed market development. The country’s large poultry sector, which includes both broiler and layer farms, relies heavily on high-quality feed to maintain productivity. Poultry farmers in Bangladesh are increasingly turning to advanced animal feed solutions to improve egg and meat production. The growing demand for chicken meat, driven by population growth and urbanisation, is providing a boost to the poultry feed segment of the market. Additionally, the expansion of the aquaculture industry, particularly shrimp and fish farming, is further driving the demand for specialised animal feed for aquatic animals.

Cattle farming also plays a significant role in the Bangladesh animal feed market expansion, with the demand for dairy products on the rise. As the country’s dairy industry grows, so does the need for high-quality feed to support milk production. Nutrient-rich feed is essential for maintaining the health and productivity of dairy cows, and farmers are increasingly looking for feeds that improve milk yield, quality, and overall herd health. The growing preference for domestically produced dairy products is boosting the local dairy industry, contributing to the rise in demand for animal feed in this sector.

In addition to traditional livestock and poultry farming, the Bangladesh animal feed market dynamics is also benefiting from the rise of commercial farming practices and the adoption of more modern farming techniques. Commercial farming, which involves larger-scale production, requires consistent and high-quality feed to support the growing number of animals on farms. The shift towards commercial farming is encouraging the use of advanced feed formulations, which include essential nutrients, vitamins, minerals, and other additives to promote animal growth and health. This trend is increasing the demand for specialised animal feed in Bangladesh, particularly in the poultry and livestock sectors.

Another important boosting the Bangladesh animal feed market revenue is the growing awareness of the importance of animal health and nutrition. As farmers become more knowledgeable about the benefits of quality feed, there is a greater focus on the formulation of balanced, nutrient-dense diets for livestock. Proper animal nutrition is essential for ensuring the health of animals, improving productivity, and enhancing the quality of animal products. The increasing focus on animal welfare and sustainability is pushing farmers to invest in better feed solutions, including organic and natural feed options. This trend is contributing to the development of a more sophisticated animal feed market in Bangladesh, with a greater emphasis on tailored nutrition for different types of livestock.

Despite the growth opportunities, the Bangladesh animal feed market faces several challenges. One of the primary challenges is the fluctuating prices of raw materials used in animal feed production, such as corn, soybean, and other grains. The volatility in the prices of these inputs can lead to increased feed costs, which can impact the profitability of farmers. Additionally, the availability of high-quality raw materials is sometimes limited, which affects the production of premium animal feed. The reliance on imports for certain feed ingredients, combined with global supply chain disruptions, further exacerbates these challenges. However, local feed manufacturers are exploring alternative ingredients and raw materials to mitigate the impact of these price fluctuations.

Another challenge in the Bangladesh animal feed market is the need for improved feed production technology and infrastructure. Although the animal feed market in Bangladesh is growing, there is still room for improvement in terms of production efficiency, quality control, and supply chain management. Many feed mills in the country are small to medium-sized operations, and the lack of advanced technology can sometimes result in inconsistent feed quality. The government and private sector are investing in modernising the feed industry to address these challenges and improve production standards.

The Bangladesh animal feed market is also expected to see increased competition from both domestic and international players. As the market expands, both local and global feed manufacturers are entering the market to capitalise on the growing demand for animal feed. Local manufacturers are focusing on developing cost-effective and regionally suitable feed solutions to cater to the specific needs of Bangladesh’s livestock sector. At the same time, international brands are bringing their expertise in feed formulation and quality control to the market, offering farmers access to high-quality, innovative feed products.

Overall, the Bangladesh animal feed market is poised for growth in the coming years, driven by the expanding livestock and poultry sectors, increasing demand for animal-based protein, and the adoption of modern farming practices. As the market evolves, factors such as improved feed formulations, technological advancements, and greater investment in local feed production will play a critical role in meeting the growing demand for high-quality animal feed.

Market Segmentation

The market can be divided based on type, livestock, and material.

Market Breakup by Type:

• Fodder and Forage
• Compound Feed

Market Breakup by Livestock:

• Pork
• Aquatic Animal
• Cattle
• Poultry
• Others

Market Breakup by Raw Material:

• Soy
• Corn
• Others

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Bangladesh animal feed market. Some of the major players explored in the report by Expert Market Research are as follows:

• Alltech Inc.
• Nutreco N.V.
• New Hope Liuhe Co., Ltd
• Quality Feeds Ltd
• AGATA Feed Mills Ltd
• Astha Feed
• Aftab Feed Products Ltd
• Paragon Feed Limited
• Others

About Us

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.

Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.

*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.