INDUSTRY OVERVIEW:

Bangladesh’s livestock feed industry plays a critical role in supporting national food security, agricultural productivity, and rural economic growth. The sector supplies feed for poultry, aquaculture, dairy, cattle, and other livestock, ensuring a stable supply of animal protein for a rapidly growing population. Currently, the country produces approximately 6.5 to 8.0 million metric tons of feed annually, supported by an installed production capacity of around 8 million metric tons. The overall market value of the livestock feed industry is estimated at USD 2.5–3.0 billion, reflecting its strong contribution to the agricultural economy. Poultry feed dominates the sector, accounting for nearly 65–70% of total feed consumption, followed by aquaculture feed, which has emerged as one of the fastest-growing segments due to increased fish production and domestic consumption.

The industry has experienced steady growth driven by the expansion of commercial poultry and aquaculture farming, rising consumer demand for quality animal protein, and increasing awareness of balanced nutrition and feed efficiency. Feed manufacturers are investing in modern milling technologies, quality control systems, and improved formulations to enhance productivity and animal health. Alongside poultry and aquaculture, the cattle and dairy feed segments are also gradually expanding as farming practices become more organized and technology-driven across the country. In parallel, Bangladesh’s pet feed market is emerging as a promising high-growth segment within the broader feed industry. Changing urban lifestyles, rising disposable incomes, and increasing pet ownership—particularly among cats and dogs—are fueling demand for branded, nutritionally balanced pet food products. The pet feed market is currently valued at approximately USD 110–115 million and is projected to grow at a strong compound annual growth rate of over 15%, potentially reaching USD 225–230 million by 2030. At present, a significant portion of pet food is imported, creating substantial opportunities for local manufacturing, private-label brands, and premium product development.

Looking ahead, the future outlook for Bangladesh’s livestock and pet feed industry remains highly positive. Total feed demand is projected to reach around 10 million metric tons by 2030, supported by continued growth in poultry, aquaculture, and dairy production. The industry is expected to benefit from technological innovation, increased use of feed additives and premixes, adoption of sustainable and alternative feed ingredients, and growing investment in automation and efficiency. With strong domestic demand, expanding production capacity, and a rapidly developing pet nutrition market, Bangladesh offers significant long-term opportunities for feed manufacturers, technology providers, investors, and international partners. This dynamic growth environment positions the feed and pet feed industry as a key driver of agricultural transformation and economic development in the years ahead.