Bangladesh Animal Feed Market- Trend Analysis & Forecasts

Bangladesh Animal Feed Market Overview:
In 2022, Bangladesh's animal feed production reached 6.57 million tonnes, valued at US$ 3.29 billion—marking a 2.4X increase in volume from 2012. Poultry accounts for 56–60% of total feed consumption, followed by fisheries and cattle. The industry largely depends on imported corn and soybean, especially from India and other global suppliers. While Bangladesh contributes just 0.52% to the global feed market, its domestic relevance and potential as a regional export hub are significant.

Primary Areas/ Elements of Research & Analysis
The report provides comprehensive and valuable insights into the supply and demand dynamics of the Bangladesh animal feed market. Below are the variables considered and analyzed in the report:
• Supply-demand trends, market growth, and trade (exports & imports)
• Market structure, conduct, and performance analysis
• Historical and forecasted market size (volume & value)
• Trade analysis, including key partners, quantities, values, and price trends
• Supply chain mapping, pricing, and regulatory framework
• Competitive landscape profiling of key players
• Factors influencing market performance, including sustainability trends

Market Growth Factors
Growth is driven by rising meat and dairy consumption, a booming poultry and aquaculture sector, and growing awareness of livestock nutrition. Bangladesh is a leading producer of farmed fish and shrimp, creating rising demand for specialized aquafeed. Advancements in feed formulation, adoption of modern farming practices, and growing trade opportunities—especially for halal products—further fuel market expansion.

Market Restraints
Key challenges include dependency on imported feed ingredients and price volatility of raw materials like maize and soybean—of which only 40% is locally sourced. Global supply disruptions and price swings make cost control difficult for feed manufacturers.

Market Segmentation
The feed market is segmented into poultry, fisheries, cattle, and other livestock. Poultry dominates consumption, followed by aquaculture and cattle.

Competitive Landscape
The market is competitive with both local and global players. Local leaders such as Paragon Group, Kazi Farms, ACI Godrej, and Nourish Poultry benefit from strong distribution networks and local insights. International players like CP Bangladesh, New Hope Feed Mill, and AG Agro Industries bring in technological expertise and target niche segments.

Outlook
Bangladesh’s animal feed market is expected to continue its upward trajectory, supported by livestock sector growth, technology adoption, and expanding regional trade prospects. However, ensuring ingredient supply stability and managing price risks remain critical for sustained growth.

Scope of the Report:
• Historical Years: 2015-2022
• Base Year: 2023
• Forecast Period: 2024-2030
• Units: Value (US$ Million) and Volume (Tonnes)
• Report Coverage: Production, Consumption, Export, and Import
• Segments Covered:
By Type (Poultry Feed, Fish Feed, and Cattle Feed)
• Companies Profiled: The market players include Paragon Group, Nourish Poultry and Hatchery Ltd., Kazi Farms Limited, C. P. Bangladesh Limited, Aftab Bahumukhi Farms Limited, Quality Feeds Limited, ACI Godrej Agrovet Limited, Provita Group, AG Agro Industries Ltd., Aleya Feeds Ltd., National Feed Mill ltd, Biswas Poultry & Fishe Feeds Ltd. (Mahbub Group of Industries), United Feeds, and Others.

Scope of the Report: It will take 4-5 business days to deliver the report upon receipt the order.