Problems and Prospect of Poultry Feed Industry in Bangladesh: A Study at the Nourish Poultry and Hatchery Ltd

Abstract

Within a short period, the poultry industry has gained tremendous success and become a leading industry in Bangladesh. This sector contributes increasingly to GDP growth, ensuring self-employment, arranging food security, creating purchasing power and reducing poverty on a large scale. This report is based on “Problems and prospect of poultry feed industry in Bangladesh: A study on Nourish poultry & hatchery LTD”. Have any problems and prospects in the feed industry. Based on my survey I tried to find out the problems and prospects in this sector that I am going to discuss in this report.

Based on a survey, several variables relating to the study purpose have been identified including product quality and price problem, threat for poultry growth, medicine and investment problem, and lack of coordination and discussion, and job opportunity, feed problem, chicks price ups and down, high bank interest. Besides, the problem of marketing and middleman, lack of research and discussion less investment, combined culture, poultry in human nutrition are also identified and discussed.

From the study, it has been observed that among the several problem areas most important areas are the scarcity of medicine and investment problem, poultry diseases and high bank interest. These problems are hindering the growth of the poultry sector in Bangladesh. Beyond these scenarios, employment opportunities, the number of firms involved, as well as the comparative picture of various poultry firms is included in this study. Finally, by doing this study, several solutions have been identified relating to policy aspects including what needs to do and what steps need to be taken. One of them is doing effective HR planning because expertise in this field can uplift the knowledge and expertise for the farmers involved in this sector. If the government takes all the initiatives, this sector will be able to fill a huge deficit of protein-related food at a cheaper cost and also create employment of many peoples.