AbstractAs with most Asian countries, rice dominates Bangladesh in terms of food production and consumption. However, with sustained increase in income, persistent commendable GDP growth, urbanization, and significant reduction in poverty, people tend to consume more diversified food, ready to eat food, and food away from home. The findings from this study, based on data from Bangladesh Bureau of Statistics, lend support to this consumption propensity and indicate that with time rice is becoming cheaper and animal and plant foods are getting dearer and expensive. This implies that the national agricultural policy of Bangladesh must recast to match the future food demand of people and to meet the increasing challenge of reversing the rising prices of non‐staples including animal foods. Nested studies on “rice and food away from home” and estimation of demand elasticity and formulation of food demand equations to determine dietary choices and to find nutritional implications of movements in relative food prices and other exogenous variables, to this effect, will have important policy implications for Bangladesh agriculture–food and health paradigm.
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