LightCastle Partners has recently signed a contract with a leading US-based conglomerate—present across the food and agriculture sector– for assessing the prospects of shrimp processing and export in Bangladesh.
As part of the study, LightCastle will be mapping the actors across the shrimp value chain, starting from hatcheries and nurseries to farming and processing in order to assess the demand-supply dynamics, and margin analysis with a view to evaluating the attractiveness of entering the market for any new entrant. The study will entail conducting interviews and surveys with hatchery owners, farmers, associations, regulators, processors, and relevant development agencies.
As a company that has a global footprint in multiple industries, including food and agricultural products, they want to explore the prospects of entering the processed shrimp market of Bangladesh in order to expand their global foothold in this region. LightCastle Partners is entrusted to provide guidance on landscaping and assessing the attractiveness of the export-oriented processed shrimp industry along with its relevant market dynamics in Bangladesh, and subsequently support the company to come up with a financially viable investment decision.