Cattle fattening has gained much popularity in Bangladesh due to its lucrative profit margin, quick payback period, and the minimal amount of investment it requires. Many small farms have entered the business, taking advantage of high demand and a supply shortage, thanks to India's ban on cattle exports. Meanwhile, several cattle farming and fattening clusters have emerged in the north-western regions of Kushtia, Sirajganj, Pabna, and Munshiganj.
Bangladesh's meat processing industry, including forward integration, has demonstrated its potential to grow at a CAGR of 6.11% between 2024 and 2028. To unlock the full potential of meat processing, fattening practices need to be scaled and run throughout the year, rather than going for seasonal fattening targeting Eid al-Adha.
Just like other sectors, it faces challenges that include rising feed costs, low yields of indigenous breeds, financing gaps, and the influence of middlemen restricting market access. In this context, improving breed selection and genetics through advanced research, channelling specialised financing programmes, promoting direct market links, and advocating for policy reforms are crucial. Moreover, collaboration among stakeholders, targeted interventions, and capacity building are essential to forging ahead.
Md. Shah Jalal
Editor
IDLC Monthly Business Review
More Print Editions Subscribe