Pakistan has a rich and vast natural resource base, covering various ecological and climatic zones; hence the country has great potential for producing all types of food commodities. Pakistan is agricultural super power in many ways but the yield is very low. There is 22.45 million hectares under cultivation area of which 16.5 million hectares is only in Punjab.
- Dairy: Pakistan has impressive dairy industry which can be exploited to its real potential. Even with huge productivity gaps in the sector, Pakistan is the fourth biggest milk producing country in the world. Milk production can easily be tripled by employing simple methods while investments in transferring of technology and latest measures can further milk output by 900 per cent. Pakistan produces 35 billion liters of milk from around 5 million animals which is worth Rs.177 billion.
- Livestock and Poultry: The livestock sector can quite rightly be called the country's hidden secret. Pakistan has 3rd largest livestock population and livestock and poultry sectors contributed 11.9% to GDP in FY 2012-13. Meat demand in Pakistan is growing at approx. 6% per annum, while poultry alone contributes about 20% towards the total meat production.
- Fisheries: Pakistan has a total coast line of 1050 km. and has a total fishing area of approximately 300270 sq. kms. Pakistan’s fishing grounds are termed as highly rich in marine life with a vast variety of species having commercial importance. Fisheries, as a subsector, play a significant role in the national economy and towards the food security of the country, as if relaxes the existing pressure on mutton, beef and poultry demand.
Investment Growth Potential
- Of the total 16.5 million hectares of cultivable land in Punjab, a vast 1.7 million hectares is still available for corporate farming. Likewise, as much as 30% (3.4 MT) of horticultural produce that goes to waste every year, can be converted into economic gain by investing agribusiness value chain industries.
- Despite being 4th largest milk producer globally and an average annual milk demand growth of 20%, only 3-4% of milk is processes in Pakistan. Significant potential for setting up processing units for local consumption and export exists.
- With 3rd largest livestock population, the average yield of milk per animal is one of the lowest in the world. Opportunity for investment in breed improvement, animal husbandry, veterinary medicines.
- Meat demand in Pakistan is growing at 6% per annum and traditional fattening techniques are outdated. Fattening farms with modern techniques are an area of investment. Likewise, abattoirs, meat processing units, halal meat export etc., represent significant growth potential.