Who is the best FMCG Company in Bangladesh

Fmcg company in Bangladesh enjoy several benefits. The country is endowed with ideal climatic conditions for the production of livestock, rice, maize, and wheat. Moreover, the labor cost is low, which helps in the low production costs and makes it a desirable investment destination for the FMCG industry. These factors make Bangladesh an attractive investment destination for foreign investors. Listed below are some of the major benefits of investing in the FMCG industry in Bangladesh.

IFAD Multi Products Ltd. is one of the largest consumer food producers in Bangladesh

Founded in 2003, IFAD Multi Products Ltd. is one of the leading consumer food producers in Bangladesh. Founded in Gazipur, Dhaka, the company is the nation's largest supplier of flour, salt, stick noodles, biscuits, and packaged whole spices. Its 60,000 employees are dedicated to creating high-quality products. The company has the most modern flour mills in Bangladesh and maintains a high quality level.

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IFAD Autos has successfully adapted aggressive sales techniques to attract customers. Its credit recovery system is also robust. The company has grown 25 times in 20 years. It expanded into the food processing and manufacturing sector in the mid-2000s, capitalising on the country's dense population. IFAD Multi Products Ltd. produces a variety of staple foods, including rice, wheat, and other staples.

Square Food & Beverage Ltd. has introduced four popular brands in the market

Founded in 2001, Square Food & Beverage Limited is the sister concern of Square Group, a prominent corporate house in Bangladesh. In 2005, the company achieved ISO 9001: 2000 certification for its quality management system. In 2010, the company achieved ISO 22000 certification for its food safety management system. Today, the company has four successful brands in the market. Products are exported to over 48 countries, including the United States, Japan, Europe, and Australia.

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The company is expanding rapidly. It has recently entered into a partnership with Juventus Football Club and has also announced the launch of Coca-Cola Energy. In October, the company introduced a cherry-flavored seltzer brand. And in November, the company announced a global expansion plan with Hard Rock International to introduce Coca-Cola products globally by 2020. The company is also planning to expand its brand portfolio globally by collaborating with major brands to launch innovative products that will be loved by the masses.

Reckitt Benckiser is one of the leading multinational companies in Bangladesh

The UK-based multinational company Reckitt Benckiser is one of Bangladesh's largest companies. Before the country was liberated in 1971, it was known as Robinson Foods (Pakistan) Limited. The company merged with its parent company in the United Kingdom and became Reckitt Benckiser Bangladesh Ltd. Today, Reckitt Benckiser is a leading global producer of consumer goods. Its flagship products include Dettol, Harpic Toilet Cleaner, and Mortein Coil.

Siemens is another multinational company with a long-standing presence in Bangladesh. Founded in 1847, Siemens has operated in the country for over half a century. Today, the company is one of the leading companies in several sectors in the country, including healthcare and electronics. In fiscal 2014, the company opened a new business in Bangladesh called DX automation. While Reckitt Benckiser is one of the leading multinational companies in Bangladesh, it is also a global leader in the field of medicine.

British America Tobacco is a leading cigarette company in Bangladesh

British American Tobacco (BATB) is a global tobacco Fmcg company in Bangladesh  that has established premium brands in the country. Its operations have been in Bangladesh for more than a century. It has a market share of more than 66.6 percent, despite the competition from rival companies. In addition to employing more than 1500 people directly, BATB employs more than 50,000 people indirectly, including farmers, local suppliers and distributors.

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The local cigarette market is dominated by BATB with its products. Its brands dominate more than half of the market and are the preferred choice of one in every eight adult smokers. It has also contributed a substantial amount of revenue to the government in recent years. Among its latest launches in Bangladesh are the Dunhill cigar and the exclusive Cigar Lounge at the Sheraton Hotel.