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Past and Present of Bangladesh Feed Meal Industry

Past and Present of Bangladesh Feed Meal Industry
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SZ Kabir: After the independence of Bangladesh in the 1971, some initiatives were taken to increase employment, increase food production and so on. As Bangladesh is an agricultural country, various initiatives are taken in the agriculture sector. In the meantime, poultry production, fisheries and livestock farming continue to increase.

There is a demand for about 37 million metric tons of poultry food in Bangladesh annually. It provides more than 300 companies. According to a report last year, there are 168 registered feed mills in the country. And 105 applications are under scrutiny. Currently this number may have increased significantly. There are 15 large companies in the country, who provide 69 percent of the total sector food.

Poultry farms in BD are situated mainly around Dhaka, Chittagong, and Khulna Division which leads to a higher demand for feed in those areas. Dhaka, Chittagong, and Khulna have the highest percentage (27.57%, 20.27% & 18.58%) of inland water fish production and consequently have the highest demand for fish feed among regions of BD.

Demand for poultry feed decreases around 30% during Nov-Feb and increases during Jul-Sep by 50%III. Demand for livestock feed stays similar throughout the year with a special pull during later in the year due to Eid-ul-Adha festivals. Similar to the demand for poultry feed, demand for fisheries feed decreases around 30% during Nov-Feb and increases during Jul-Sep by 50%, as well.

The organized and unorganized feed production industry has a great prospect withstanding some challenges as well, such as:  increasing price in raw materials, adulteration of raw materials, lack of quality control in unorganized sector, high import duty of vaccines. Due to high capital intensiveness, feed production is not coping up with the increasing demand and attaining economies of scale has been primary challenge for the industry players.

It may be that some feed production industry developed in the regional area are not able to meet the percentages specified. But most of the feed industry in the country is producing quality feed.

The issue of feed production expenditures around the world is a major challenge. However, they are now being dealt with very efficiently through research and development. There are 10 approved labs in Bangladesh for various experiments including feed, poultry and eggs. Farmers are always looking for ways to produce better quality feeds, while keeping costs down.

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Most of the raw material of the feed is imported to Bangladesh. The price of raw materials making this feed is increasing day by day. On the other hand, in the production of eggs and broilers, the farms have to spend the majority of the feed behind. However, if you have high ideas about feed formulation and feed technology, and apply it efficiently, it is possible to successfully address the challenges of feed production costs. The top feed industries of the country are moving in that direction day by day.

At a meeting with Brazilian poultry feed traders, Bangladesh Poultry Industries Central Council President Md. Mashiur Rahman said, “There is opportunity for mutual partnership. Up to now, we have been importing two major components of poultry feed such as corn and soy, but more Brazilian ingredients may be important to our poultry industry. The Bangladeshi poultry industry can also benefit from Brazilian poultry technology. A sufficient quantity of eggs and meat is being produced. Besides, we have emphasized food security issues and quality improvement and we are preparing for export. We are not interested in importing eggs or poultry or food. Rather, look for more quality ingredients, raw materials and technology that will help us make our dreams a reality. We are ready to comply with all government regulations and guidelines in this regard. ”

There are currently more than 10 million people involved in this feed sector in Bangladesh. The current statistics in Bangladesh are saying just that. Poultry and livestock have become an integral part of Bangladesh’s agricultural economy and rural livelihoods. Commercial poultry, livestock and fish farms have gained prominence in the last 3 decades. Due to this huge demand, commercial food production has increased by about 25 percent in the last one decade.

With the objective of alleviating the protein deficiency of the people and solving the unemployment problem to some extent, in the last 30 years, private investors have taken up the mantle to address these issues by setting up commercial livestock, fisheries, and poultry farms. The Feed Mill manufacturing industry has grown consequently to provide backward linkage support to the three industries, especially poultry farms which consume the biggest share of the feed industrially produced. With a current turnover of BDT 100 Billion and a growth rate of 10% per year.

The growth opportunities for the feed market is immense. Feed market works as the backward linkage of the poultry, livestock, and fisheries industries. According to DLS (Department of Livestock services), the average growth rate for the poultry industry has been 3.62% over the last ten years, whereas the combined growth rate for the three industries is 3.49%, and it is forecasted to grow at this steady rate in foreseeable future, which leads to the understanding that the market for the feed industry will continue to grow as well.

The present government is making a special contribution to the development of the feed industry and also introduces special training for the cultivators at the marginal level. As the feed industry is trying to eliminate the nutritional deficit of the people of Bangladesh, on the other hand, the majority of the unemployed are providing employment opportunities to the youth. Currently, the importance of poultry, fish and livestock sectors is increasing day by day in this country with a population of more than 160 million. At the same time, the importance of the feed mill sector is increasing day by day.

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