Overview of Bangladesh's Dairy Market
Bangladesh's dairy industry has shown significant growth over the years. The country is noted for its substantial contribution to the production and consumption of dairy products, prominently condensed milk and cream.
Number of Dairy Cattle
As of the latest reports, Bangladesh has approximately 24.5 million dairy cattle. This large number supports the country's extensive milk production industry.
Milk Production Volume
The annual milk production volume in Bangladesh is estimated at around 9.4 million metric tons. This production volume positions Bangladesh as a notable producer in the global dairy market.
Milk Processing Volume
The volume of milk processed per year in Bangladesh is roughly 1.5 million metric tons. This processing is crucial for converting raw milk into marketable dairy products such as pasteurized milk, yogurt, cheese, and milk powder.
Cheese Production Volume
Cheese production in Bangladesh is on the rise, with an estimated annual production of around 15,000 metric tons.
Milk Powder and Whey Production Volume
Bangladesh produces approximately 20,000 metric tons of milk powder and an estimated 5,000 metric tons of whey annually. These products are essential for both domestic use and export purposes.
Key Dairy Plants
- Milk Vita
- Arong Dairy
- Pran Dairy
- Igloo Dairy
- Farm Fresh Dairy
List of Dairy Farms
- Aftab Dairy Farm
- Molla Dairy Farm
- Mehmood Dairy Farm
- Raihan Dairy Farm
- Rahman Dairy Farm
Export of Dairy Products
Bangladesh's export of dairy products is steadily increasing, with the total export volume reaching approximately 50,000 metric tons annually. Major export destinations include neighboring countries and regions with a significant demand for condensed milk and cream.
Import of Dairy Products
Despite its growing domestic production, Bangladesh imports around 100,000 metric tons of dairy products annually to meet the domestic demand. The imports mainly consist of milk powder, whey, and cheese, sourced from countries like Australia, New Zealand, and the European Union.
Significant Dairy Market Events
Recently, Bangladesh has witnessed several significant events in the dairy market:
- Inauguration of a new Milk Vita processing plant in 2022 with advanced technology to enhance milk processing capabilities.
- The launch of a government initiative in 2023 to support small-scale dairy farmers with subsidies and technological assistance.
- The introduction of Pran Dairy's new line of organic dairy products, gaining popularity among health-conscious consumers.
- Increased collaboration with international dairy research institutes to improve dairy farming practices and milk yield.
These developments signify the dynamic and evolving nature of Bangladesh's dairy industry, reflecting its potential for further growth and expansion in the coming years.
Modified: 2024/10/08