Agro-Vet
The agricultural sector is one of Bangladesh's most important industries, and it plays a critical role in maintaining food safety and security for the country's 165 million inhabitants. The livestock industry is an important sub-sector of the agricultural business, accounting for 20% of GDP. In Bangladesh, the total veterinary market size is over 3.5-4 billion dollars, and the need for high-quality pharmaceuticals and feed additives/supplements, including biological, non-biological, nutritional, and non-nutritional feed additives or supplements, is significant.
Pharmaceuticals
Bangladesh's pharmaceutical business has grown at a compound annual growth rate (CAGR) of 15.6 percent during the last five years. Bangladesh's pharmaceutical market was worth $2.42 billion in 2018, and it was worth $3 billion in 2019. According to ResearchAndMarkets, by 2025, the pharmaceutical market will have grown by 114% and will be worth over $6 billion. Furthermore, during the 2019-20 fiscal year, Bangladesh was able to make 136 million dollars by selling medications to 147 nations around the world.
IT
Bangladesh has designated ICT as a "push sector" because it holds the promise of effective reforms, job creation, industrial expansion, and high spillover effects to other sectors, as well as improved governance and inclusivity. The current World Bank Country Assistance Strategy for Bangladesh acknowledges the importance of information and communication technology in advancing Bangladesh's economic, competitiveness, and governance goals. The Information Technology (IT) Services and IT-Enabled Services industry, valued USD 475 billion, is a lucrative market for which countries compete.
Apparel
Bangladesh's garment sector has grown by 79 percent in the last seven years, from $19 billion to $34 billion in yearly revenue. Bangladesh is now the world's second largest exporter of garments, with the sector accounting for 80% of the country's overall export revenues. Bangladesh are lagging behind China in terms of clothing exports. In the entire world, readymade garments are a new trend. It accounts for 20% of Bangladesh's gross domestic GDP.