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A comprehensive Landscaping Study of the Aquafeed Industry in Bangladesh has been commissioned by a multinational animal feed company, with LightCastle supporting the engagement through market assessment and strategic analysis. This marks an important step toward strengthening Bangladesh’s aquaculture value chain through data-driven insights.
Bangladesh’s aquaculture sector plays a critical role in national food security, employment, and export potential. With rising protein demand, decreasing catch-production, increasing commercialization of aquaculture, and growing emphasis on feed quality and efficiency, the aquafeed industry is undergoing rapid transformation. Through this engagement, LightCastle Partners will support an animal feed company in developing a deeper understanding of market opportunities, customer segments, pricing dynamics, and strategic growth pathways.
The study aims to deliver a structured assessment of Bangladesh’s aquafeed market, covering market size and growth dynamics, competitive landscape, value chain structure, and evolving demand patterns across key aquaculture segments.
The research will combine secondary analysis, primary stakeholder interviews, and market intelligence to generate actionable insights tailored to the Bangladeshi context. Particular emphasis will be on understanding farmers’ behavior, distribution channels, regional market variations, and emerging trends influencing feed formulation and adoption.
The collaboration between the two parties reflects a shared commitment to strengthen the aquaculture ecosystem through evidence‑based strategy and informed market participation. This reinforces LightCastle Partners’ continued focus on delivering sector-specific, insight-driven advisory across agriculture and food systems in Bangladesh, while supporting leading Multinational animal feed companies in advancing innovation and market leadership.
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