How has Covid-19 affected the fish feed industry? An analysis on Spectra Hexa Feeds Ltd.

Abstract

The aquaculture industry of Bangladesh is an important sector for the country given the significance the agriculture holds. Providing the industry’s needs are the fish feed industry comprising of many small and large producers of fish feed. These companies are responsible for producing the fish feed and distributing it to the concerned parties who require them as food for their final product. After the emergence of the pandemic last year many businesses have been adversely affected including the fish feed industry. In order to understand the scenario, the experience of Spectra Hexa Feeds Ltd. a leading fish feed manufacturer has been taken to analyse the effects of the pandemic. This report’s main focus is to understand how the fish feed companies operate within the industry and how its operations have been affected by the pandemic. The report also gives a brief scenario of Bangladesh’s aquaculture industry and the after-effects of the pandemic. Taking the inspiration from Spectra Hexa Feed, I have analyzed the organization based on its different departments and the market as a whole. The main topic is then explored crediting various websites and articles that have researched on the given topic. Therefore the finished report will provide the reader with an overall knowledge of the industry and how it tackled the difficult times of the pandemic.