Preview

Frozen Food Business in Bangladesh

Better Essays
Open Document
Open Document
10451 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Frozen Food Business in Bangladesh
Abstract
This paper is a review of Bangladeshi Frozen Food Business. Frozen Foods in Bangladesh encompass from fishes to ready-to-cook foods. However, fishes and shrimps are exported and generate foreign exchanges for Bangladesh, whereas, the semi-processed foods are imported and produced locally. Indeed, it is a potential business where rural people can be benefited by investing little amount of money, and producing and meeting the emergence demand in the market. This paper additionally concerns on the constraints of business such as lack of properly trained people, stiff competition for the home made processed foods. Therefore, this paper identifies new scope for the growth and development of this segment. Since this segment has got little concerns, we hope that this paper would meet the requirements for the development of the frozen food business and aid the base for further research on this segment.

Introduction
Though Bangladesh is an agricultural based country, its aquaculture is developing and contributing to the export of the country. In fact, the frozen food is one of largest contributor to the foreign exchange earnings and occupies fourth position among the export items in terms of total export earnings (Bureau of Statistics, 2004). In Bangladesh, frozen food includes shrimp and fish, and shrimp contributes to the majority of earnings from the frozen food. However, in recent years, the frozen food business has become diversified, and traditional thinking about it has also changed. In Bangladesh, it has been developing based on the fishery along with processed meat and chicken. Indeed, in Bangladesh, new trend in the frozen food business is emerging in silence, which is semi or fully prepared food in retail outlets. But unfortunately, there is not much research work on this segment of frozen food business done, which is developing and growing a new innovative concept in the vacuum space of frozen food business. In fact, this development and its policy



Bibliography: Azami, S., S. Brough and M. Battcock (1996) Training for livelihood security: a report on the evaluation of impact of the IT Bangladesh Food Processing Training Course, Intermediate Technology Bangladesh. Chowdhury, S.A., and N. Sarker (1989) An investigation into the food processing sector of Bangladesh with case studies on paddy milling and oil extraction, ITDG–Bangladesh Connor, J., “Research Puzzles Arising from the Internationalization of U.S Halweil, Brain. 2002. “Home Grown: The Case for Local Food in a Global Market”. World Watch Paper, pg. 163 Handy, C.R Hicks, Alastair. 2004. “Issues and Strategies in Development of Rural-based Small and Medium Food Industry in Asia and the Pacific”. Report of the APO Multi-Country Study Mission on Rural-Based Food Processing Industry. Hossain, S M, Monowar andSheel, Sreekanta. 2001. “Status Reports on Processing and Marketing of Underutilized fruits Of Bangladesh”. BARI. Ning, Y. and Reed, M.R., 1995. “Locational Determinants of the U.S. Direct Foreign Investment in Food and Kindred Products,” Agribusiness, Vol.1, No.11. O. Yu, Sandra. 2002. “Food processing to promote sustainable livelihoods in Bangladesh”. (Not much information available) Sheldon, I.M Government and International Institute Publications Book of Australian Statistic, The Minister for Agriculture, Fisheries and Forestry, 2001 Export Promotion Bureau, Bangladesh, Export performance for the period of July-June, 2005-2006 Export Promotion Bureau Bangladesh, 2005-2006) FAO, 1995. FAO Production Yearbook, Vol. 49, Rome, Italy Year Book of Statistics, Bangladesh Bureau of Statistics, 2006. Year Book of Statistics, Bangladesh Bureau of Statistics, 1997. United Nations publications, New York and Geneva (2007). “Food Safety and Environmental Requirements in Export Markets”. World Health Organization, (2002) Geneva, (2006). “Food Safety and Environmental Requirements, Market Access and Export Competitiveness: Turning Challenges into Opportunities for Developing Countries: The Horticulture Sector”. Web Sites http://www.delmys.cec.eu.int was seen on November 9, 2007 and logged at 10:30 pm. http://www.ifpri.org/2020/focus/focus10/focus10_09.pdf was seen on November 12, 2007 and logged at 12:00 pm. http://www.en.wikipedia.org/frozenfood was seen on November 13, 2007 and logged at 8:00 pm. http://www.en.wikipedia.org/wiki/ Heckscher-Ohlin _model was seen on November 15, 2007 and logged at 8:00 pm. http://www.nfraweb.org/media/edit1.html was seen on November 16, 2007 and logged at 1:30 am. http://www.nfraweb.org/media/edit3.html was seen on November 16, 2007 and logged at 1:30 am. http://www.nfraweb.org/media/edit5.html was seen on November 16, 2007 and logged at 1:30 am. http://www.nfraweb.org/media/edit10.html was seen on November 16, 2007 and logged at 1:30 am. http://www.nfraweb.org/media/edit14.htmlhttp://www.newagebd.com/2006/nov/16/met.html was seen on November 16, 2007 and logged at 1:30 am. http://www.thedailystar.net/magazine/2004/11/01/cover.htm was seen on November 19, 2007 and logged at 12:30 am. http://www.sdnbd.org/sdi/news/general-news/January-2003/30-01-2003/Business.htm was seen on November 20, 2007 and logged at 11:30 pm. http://www.newagebd.com/2005/jul/29/jul29/xtra_cover.html was seen on November 21, 2007 and logged at 8: 45 am. http://www.bsti.gov.bd/wto.html#Product was seen on November 24, 2007 and logged at 1:30 am. http://www.reference.com/search?q=frozen%20food was seen on November 26, 2007 and logged at 7:00 pm. http://www.loc.gov/rr/scitech/mysteries/frozenfood.html was seen on November 29, 2007 and logged at 1:30 am. http://www.boi.gov.bd/invest_appl.php was seen on November 30, 2007 and logged at 10:50 am. http://www.bangladeshembassy.be/index_files/bffea.htm was seen on November 30, 2007 and logged at 10:50 am.

You May Also Find These Documents Helpful

  • Best Essays

    Food Safety and environmental requirements are becoming more stringent as a result of the increased knowledge of the risk and harm to health and environment. This is Consumer Awareness. These requirements have very important implications for trading, in particular for market access and development.…

    • 2967 Words
    • 12 Pages
    Best Essays
  • Good Essays

    FAO/WHO. 1995. The application of risk analysis to food standards issues. Geneva. March 13- 17. Retrieved March 16, 2004 from: http://www.who.int/foodsafety/publications/micro/march1995/en/.…

    • 51670 Words
    • 207 Pages
    Good Essays
  • Powerful Essays

    Panera Bread Evaluation

    • 1908 Words
    • 8 Pages

    The food business is a broad range of businesses. Food is a basic need of consumers like clothing, and shelter. For a company to enter into the food business it has to assess the various segments of this business. These ranges from production of food, processing, and marketing. The company prior to entering a market in this line of business should assess its capabilities and compare these to the kind of needs of the consumers – would the customer be a processor, or a consumer?Is the product that the company can offer a raw material, processed food, or to serve a group of consumers who would like to eat and yet also need some little pleasure and not merely to satisfy their hunger?…

    • 1908 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    FAO. 2011. Special Program for Food Security. [online] Available at: <http://www.fao.org/spfs/about-spfs/frequently-asked-questions-spfs/en/> [Accessed 26 May 2011].…

    • 6408 Words
    • 26 Pages
    Better Essays
  • Powerful Essays

    Schneider, S. (2009). Reconnecting consumers and producers: on the path toward a sustainable food and agriculture policy. 14 Drake J. Agric. L. 75. Retrieved from http://www.lexisnexis.com.proxy.devry.edu/hottopics/lnacademic/…

    • 2607 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    goal of this paper is to provide a nontechnical introduction to food safety policy and economics for…

    • 13576 Words
    • 55 Pages
    Powerful Essays
  • Powerful Essays

    Bibliography: Ahmed, Akhter U. & del Ninno, Carlo, 2002. "The Food For Education program in Bangladesh…

    • 4767 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    The largest and biggest contributor to Bangladesh’s economy is the agricultural sector. Seen often as the ‘unsung’ hero of our growth revolution, it still serves as the most significant industry in this country. In spite of its large contribution to employment, relatively speaking, its contribution to GNP falls short of expectations. Hence, as with other developing countries, the agriculture sector in Bangladesh can be classified as predominantly being ‘traditional’. This implies that it is mainly comprised of small households that suffer from technological stagnation, unskilled labor, and supply chain and market linkage problems.…

    • 2426 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    2. Consumers: The emergence of dual career families resulted in unavailability of sufficient time to cook food. Hence interest and love towards such frozen food is increasing. Moreover most of the consumers has become deal conscious and wait for the promotions. Among various frozen food consumers’ product selection hierarchy is in following manner:…

    • 2184 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Cocoa Case Study

    • 2016 Words
    • 9 Pages

    References: Food and agricultural import regulations and standards report (FAIRS). (1999). Foreign Agricultural Service, Retrieved from http://www.fas.usda.gov/itp/ofsts/us.html…

    • 2016 Words
    • 9 Pages
    Powerful Essays
  • Best Essays

    References: Hemme. T, Garcia, O and Khan, A.R 2004 A review of milk production in Bangladesh with Particular Emphasis on Small-Scale Producers. Lean G. 2008 Year of the hungry: 1,000,000,000 afflicted. The Independent. Available at: http://www.independent.co.uk/news/world/politics/year-of -the-hungry-1000000000afflicted-1213843.html. Rangan, Kasturi & Lee Katharine 2010 Harvard Business School: Grameen Danone Foods Ltd., a Social Business. Sultan, Imamus 2007 “Grameen Danone Foods Limited: A Unique Model of Social Business Enterprise,” presentation to Japan Microfinance Symposium, July 3, 2007. Yunus, Muhammad 2010, Building Social Business – The New Kind of Capitalism that Serves Humanity’s Most Pressing Needs. Published by PublicAffairs, a member of the Perseus Books Group in 2010. Yunus, Muhammad 2007 Creating a World Without Poverty: Social Business and the Future of Capitalism (New York: PublicAffairs, 2007). Statistical Yearbook of Bangladesh 2007 Pg 539. The Daily Star – Published on 2008-12-06. Gates B. 2008 Making capitalism more creative. Time. Available at: http://www.time.com/time/business/article/0,8599,1828069,00.html PepsiCo. PepsiCo 2007 annual report: performance with purpose. Available at: http://media.corporate-ir.net/ media_files/irol/78/78265/2007_AR.pdf. www.dairyindustries.com Grameen Danone opens plant in Bangladesh www.icmse.org…

    • 3955 Words
    • 16 Pages
    Best Essays
  • Better Essays

    BBS. 1997. Yearbook of Agricultural Statistics of Bangladesh. Bangladesh Bureau of Statistics, Ministry of Planning, Govt. of the People’s Republic of Bangladesh. pp 106-107.…

    • 3180 Words
    • 13 Pages
    Better Essays
  • Good Essays

    Shrimp Cultivation

    • 400 Words
    • 2 Pages

    2. The shrimp industry benefits three to four million “mostly poor” Bangladeshis while providing livelihood directly numbering some 11, 50,000 people. In 2007-2008, a total of 2, 23,095 Metric ton shrimp produced in Bangladesh that contributes 19,567.90 core taka in the GNP. There is ample demand in the international markets for shrimp and Bangladesh is blessed with an environment friendly for shrimp production. So obviously, the shrimp industry has a huge potential for Bangladesh. Through various studies it were also found that shrimp industry did increase the income levels of the people and help them to enjoy a better standard of living.…

    • 400 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Bangkadesh Study

    • 1846 Words
    • 8 Pages

    Live and Livelihood realities’ evolvement in rural Bangladesh: This course was first started with a micro or individual level of focus. Students were required to go to their own village and observe the changes in different aspects of rural people’s life and livelihood that were brought about by various factors. Mainly, Changes in education, health, social, political, cultural and economic perspectives were the main focus and the factors that brought about and are still bringing about this change.…

    • 1846 Words
    • 8 Pages
    Good Essays
  • Satisfactory Essays

    Operation Management

    • 908 Words
    • 4 Pages

    The report is conducted during the months of October 12011- December31, 2011 has given me an opportunity to learn about customer service and report presentation on agriculture marketing prospect in Bangladesh.…

    • 908 Words
    • 4 Pages
    Satisfactory Essays

Related Topics