Liquid and UHT Milk Online in Bangladesh
Dairy is one of the FMCG (Fast-Moving Consumer Goods) market. At one time, the state-owned Milk Vita sold packaged milk, but there was no such institution to mention in the individual products in dairy products. Over the past few years, many domestic companies have been doing business in this sector. There are also large foreign companies in the country's dairy products market.
Domestic and international market research firms say that milk and dairy products are the most growing products of the FMCG market in the country. The market for this product is growing at more than 24 percent annually.
Experts and market experts say that in the last few years, the number of people in the city has increased drastically and changes in diet and lifestyle. Along with picking quality products, the market for nutrient-rich foods and healthcare products is increasing. As a result, the country's FMCG market is growing rapidly. The milk and dairy products market is increasing again.
According to Euromonitor data, the market for milk and dairy products in the twenty-seven million rupees has now exceeded Tk 5 thousand crore taka. At present, the market for packet milk is more than Tk 2,000 thousand crore taka.
Data from the Bangladesh Livestock Department says the production and demand for milk has increased at a remarkable rate over the past 10 years. Milk production in the country was 22 lakh tonnes in the year 2009. In 2018, it has exceeded 2 million tons. During this period, large enterprises such as Arang Milk, Pran Milk, Akij Milk, Amo Milk, Uttara Milk, Aftab Milk and RD Milk have been established in the country.
Institutions in the country market include pasteurized packaged liquid milk, flavored milk, unsweetened powdered milk, unsalted powdered milk, condensed milk, UHT flavored milk, ice cream, UHT pasteurized liquid milk as well as butter, ghee, sweet yogurt, cream tortillas, toasted milk, toasted milk, toasted milk. Is producing and marketing products like Labang. However, the potential of the dairy products market in the country seems to be much higher.
Managing Director of Pran Dairy, Mr. Md Elias Mridha told the rich merchant message, the potential of the dairy products market in the country is huge. There is still a hurdle in the milk production and storage phase. As a result, the dairy products market is expanding without relying on imports. Milk and dairy products market has the potential to expand further if nutritional requirements are the highest in consumer goods.
Experts believe that the FMCG market is growing faster in the country due to the need for quality rather than increasing human income. Khandaker Golam Moazzem, director of research for the Center for Policy Dialogue (CPD), a private research institute in Bangladesh, told the business message that people are now spending the most on food products. People have become more artificial in nature because of the reduced source of natural food.
Experts believe that the FMCG market is growing faster in the country due to the need for quality rather than human income. Khandaker Golam Moazzem, Director of Research for the Center for Policy Dialogue (CPD), a private research institute in Bangladesh, told the business message that people are now spending most on food products. People have become more artificial in nature because of the reduced source of natural food.
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