The global pet care market is foretold to improve in the forthcoming years as matched to the preceding years and will showcase better sales in various market segments. It is estimated that the global pet care market will grow at a CAGR o…
BMI View: Bangladesh's pharmaceutical export trajectory will be positive. Due to the tough competitive
domestic environment, local drugmakers have expanded successfully into frontier and emerging markets in
pursuit of commercial opportunities. With this as a foundation, developed countries will be a source of
future growth for the country's exports as leading firms such as Beximco Pharmaceutical and Square
Pharmaceuticals foray into lucrative markets such as the US and EU.
Headline Expenditure Projections
- Pharmaceuticals: BDT171.6bn (USD2.2bn) in 2015 to BDT190.9bn (USD2.4bn) in 2016; +11.3% in
local currency terms and +8.9% in US dollar terms.
- Healthcare: BDT419.1bn (USD5.4bn) in 2015 to BDT460.8bn (USD5.8bn) in 2016; +9.9% in local
currency terms and +7.6% in US dollar terms.