THE demand for food in Bangladesh and around the world is changing rapidly. Driven by economic growth, rising incomes, and urbanisation, demand is shifting away from traditional staples toward high-value food commodities. High value agricultural commodities include fruits, vegetables, spices, fish, and livestock products, many of them processed before reaching the market.
In Bangladesh, additional demand for these commodities is projected to be worth about $8 billion by 2020 (in 2005 prices).
This represents an enormous opportunity for food producers, processors, and sellers. Owing to the greater labour intensity characteristic of high value agricultural production, it also provides an opportunity to generate rural employment and raise rural incomes.
More than 80% of people living on less than $2 a day in Bangladesh live in rural areas. This spatial distribution of poverty makes capitalising on the opportunities afforded by high value agricultural production an important strategic priority for those seeking to reduce poverty in the country.
List of agro-based industries
1. Fruit based processed food manufacturing industries (Jam, Jelly, Juice, Pickles, Syrup, Sauce, etc.)
2. Fruit (Tomato, Mango, Guava, Sugarcane, Jack fruit, Litchi, Pineapple, Coconut, etc.), vegetables, and lentils processing industries.
3. Bread, biscuit, vermicelli, chanachur, noodles, etc.production industries.
4. Production of flour, maida, and semolina.
5. Processing of mushrooms and spirulina.
6. Starch, glucose, dextrose, and other starch products manufacturing industries.
7. Milk processing industries (milk pasteurization, powdered milk, ice cream, condensed milk, sweets, cheese, ghee, butter, chocolate, curd, etc.)
8. Potato-based food manufacturing industries (potato chips, potato flakes, starch etc.)
9. Spices manufacturing industries.
10. Edible oil refining and hydrogenation industries.
11. Salt processing industries.
12. Processing and freezing of prawns and other fishes.
13. Herbal and vestige medicine producing industries.
14. Unani, Ayurvedic and Homeopathic medicine producing industries.
15. Manufacturing industries of feed for duck, chickens, livestock and fish.
16. Seed processing and preservation.
17. Jute goods (thread, fabric, bag, carpet, sandal shoes etc.) producing industries.
18. Silk fabrics and clothing manufacturing industries.
19. Agro-based product processing machinery manufacturing industries.
20. Rice, puffed rice, beaten rice, popped rice etc. processing industries.
21. Aromatic rice processing industries.
22. Tea processing industries.
23. Coconut oil producing industries (if copra collected from local coconuts is used).
24. Rubber tape and lakkha processing industries.
25. Cold storage (processing and preservation of edible and seed potatoes, fruits, vegetables etc. produced by farmers).
26. Preparation of furniture made of wood, bamboo and cane (except cottage industries).
27. Flower preservation and exporting enterprises.
28. Meat processing industries.
29. Production of organic and mixed fertilizer and guti urea etc.
30. Production of bio-pesticide and neem pesticide.
31. Bee-keeping and honey collecting enterprises.
32. Rubber-based goods producing industries.
33. Manufacturing of particle board.
34. Mustard oil manufacturing industries (if local mustard is used)
35. Production of bio-gas and electricity(produced from paddy shell, poultry and cattle wastes).
36. Edible oil (rice bran) manufacturing industries.
37. Poultry and dairy farming industries.