Food and Agriculture

Agriculture and food production represent a dominant sector in Bangladesh. Danish companies related to food and agriculture are directly present or are doing business in Bangladesh ranging from dairy production, to food and beverages production to cold chain and storage etc. 

Exchange of experience and transfer of Danish knowledge and technologies throughout the food value chain will benefit both Bangladeshi consumers and manufacturers to achieve higher quality. This in turn will also lead to more commercial opportunities for Danish companies in Bangladesh from machinery, to knowledge exchange and food and beverage products. 
 
Market insights:

• The processed food market is to reach USD 5.8 billion by 2030

• 47% of household income is spent on food now

• Per capita income has increased threefold the last decade

• Bangladesh among Top 10 producers of rice, jute, jackfruit, mango, onion, tea, vegetables, potato, farm fish

• 13% agriculture contribution to the GDP

Opportunities:

Recent years’ development has increased the livelihood of farmers and the general food security. The same goes for food quality and the establishing of cold chain solutions. Furthermore, there is an increased production, enhanced value addition and private sector development with improved practices and technologies. 

As being one of the world’s most climate vulnerable countries, Bangladesh is devoted to the green transition, energy savings and climate mitigation. 

Bangladesh has undergone an immense development the recent decade, however, some challenges in the market still occur. Some of the challenges are substantial to identify but can be overcome through the services of from the team at the Trade Council. Mentioned below are examples of some of the issues that the Trade Council has assisted Danish companies in the F/A space with.

• Improved practices and technologies

• Improved food quality, safety and cold chain solutions 

• Reducing post-harvest loss

• Enhancing exports from Denmark

Continuously, companies successfully engage in the Food & Agriculture sector in Bangladesh with support from the Trade Council.