Cultivation and catching of fish are an integral part of the Bangladeshi rural livelihood, given the climatic conditions and rich prevalence of water bodies in the riverine nation. Hence, Fish is the most consumed source of animal protein in Bangladesh (58% of total) and continues to rise due to increasing consumer purchasing power. However, in recent years, the aquaculture sector has been growing steadily, due to rising demand and depleting fish stocks in rivers and marine areas. The sector offers promising potential to further food security and private sector development, but there is substantial room for further professionalization from a technical and commercial perspective which will enable the industry to become more sustainable, innovative, and competitive.
LightCastle and Larive International, in collaboration with the Netherlands Enterprise Agency (RVO), conducted a study that derives from the Netherlands multiannual strategy 2019-2022 on Bangladesh. The study describes the intentions to conduct market scans to scope (business) opportunities within the sector. This study also aims to map out the aquaculture sector in Bangladesh, increase awareness amongst stakeholders, and offer insights to pave ways for intervention.