2014-02-10 03:22:02 - Bangladesh Agribusiness Report Q2 2014 - a new market research report on companiesandmarkets.com
We hold a cautious outlook towards the Bangladesh agriculture sector. While it comes from a low base, structural problems still plague the industry. For example, in the rice milling sector, only a third of the rice mills are automated whilst the rest are manually operated mills which produce inferior quality, and more broken rice grains. A mass increase in productivity of the agriculture sector is necessary for it to be able realise its full potential.
Over the long term, we believe that there is much more room for growth and improvement in sub-sectors such as grains and livestock. That said, as the agriculture sector in Bangladesh employs close to 70% of the working population but contributes to only 20% of the
country´s GDP, there is also an obvious need for improvement in efficiency of operations.
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