Poultry is a crucial sub-sector of the livestock industry in Bangladesh being second most significant contributor to GDP, trailing only the RMG industry (Center for Policy Dialogue 2018 Report).
According to Bangladesh Poultry Industry Central Council (BPICC) statistics, poultry business in Bangladesh is growing at a pace of 12 to 15% annually. This sector directly and indirectly employs nearly 2.5 million and 3.5 million people respectively, with women accounting for 40% of the total poultry workforce.
Despite numerous bottlenecks in the past, in 2019 the local industry managed to meet 36% of the country's demand for white meat, while the rest of the demand had to be met with imports.
One of the major reasons behind such growing demand is that chicken meat is relatively cheaper and healthier compared to other protein meals in Bangladesh. As a result, demand for poultry meat has far outpaced the industry growth which clearly indicates ample room for growth in terms of investment opportunity in Bangladesh.
Against a backdrop of rising demand and extensive room for growth in the poultry industry, many educated and well-informed entrepreneurs are making a foray into the poultry sector in addition to the traditional investors and poultry breeders. These new brands of entrepreneurs are revolutionizing the poultry sector in terms of adequate and timely feed management, improved poultry practices, disease management, by product and waste management etc to name a few. Hence, these organized and big players are reaping rich dividends from their poultry investments.
Despite such positive developments, the poultry sector continues to face challenges due to lack of formal exposure, support and arrangements for which a lot of individuals and white-collar investors are unable to enter this lucrative industry. This is exactly where we, Farmersmarket.Asia are attempting to bridge the gap.
Here is a snapshot of our poultry, where you can invest and become an agropreneur and reap profits in a Shariah compliant way.
𝐅𝐚𝐫𝐦 𝐒𝐢𝐳𝐞: 12,000 Birds
𝐃𝐮𝐫𝐚𝐭𝐢𝐨𝐧: 55 days
𝐌𝐢𝐧𝐢𝐦𝐮𝐦 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭: BDT 156,000/1,000 Birds
𝐄𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐑𝐎𝐈: Approximately BDT 2,537 (+-) subject to market conditions fluctuations.
Source: The Business Standard
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