we all need food at some point in our life, one of the most profitable businesses to start
is food manufacturing.
There are over 8 billion people on the earth right now, and none of them can survive without
food.
Starting a food business is easy.
And as the population density in our country is high, you will always find a market for
your product.
you can make a lot of money if you can find a profitable food production.
So here are the ten best food manufacturing business ideas to get you started.
No 10 - BANANA WAFER MAKING
Basically, chips are the ready-to-eat popular food item.
Like the potato chips, the demand for good quality banana chips is increasing especially
in the urban areas.
Also, the small towns and suburbs are the emerging market for banana chips.
The most interesting thing is the project requires a very small amount of capital investment.
Also, you need a small space for the unit operation.
Banana Chips are a popular Snack and have great export potential also.
However, you need to find out what are the established brands and competitors.
Check their packaging style, quantity and prices.
These details will help you in taking the necessary decisions in establishing your unit.
No 9 - Honey Processing
Honey processing is actually removing wax and other foreign unwanted particles from
honey.
You can establish the processing unit in two ways.
Either by the manual system or by electrically driven.
The production process is simple.
Additionally, you can initiate the business on a small-scale and home-based basis.
No 8 - CASHEW NUT PROCESSING
Small-scale cashew nuts processing can be initiated at any location considering the
availability of raw material.
Dried and fried cashew nut possesses a pleasant taste and flavor.
They are mostly eaten fried and are sometimes salted or sugared.
They are used in large quantities by sweet meat dealers and confectioners.
The processing of cashew is done manually and is a highly labor-intensive process.
The cashew processing business is considered highly unorganized and a bit scattered.
Hence, if carried properly, the business can promise good profits.
No 7 - CONDENSED MILK PRODUCT
Sweetened condensed milk has a good market opportunity both in the domestic and export
sectors.
Here the only main raw material is good quality milk.
condensed milk production is one of the most profitable food processing businesses any
individual can initiate with substantial capital investment.
No 6 - COCONUT OIL MANUFACTURING
Coconut oil is used as an important cooking medium.
Apart from this coconut oil has various industrial applications.
It is used in the manufacture of toilet soaps, laundry soaps, surface active agents and detergents,
hair tonics, hair oils, cosmetics, etc.
Coconut oil is one of the cooking ingredients used worldwide.
Coconut oil is also used commercially.
Coconut oil is also used as a lubricant for machines.
Therefore, the demand for coconut oil is higher, so it is worth starting the coconut oil business.
No 5 - COCONUT MILK POWDER PRODUCTION
Coconut milk powder has good market potential all over countries.
Actually, coconut milk powder has the advantage of long shelf life, fewer storage places required,
and lower cost of bulk packing.
Coconut milk powder is one of the most trending food processing business opportunities for
new entrepreneurs.
The major materials are coconut nuts.
Additionally, you have to procure the packaging consumables for your coconut powder manufacturing
business.
No 4 - BREAD PRODUCTION
Quality bread provides fiber and carbohydrates in a convenient, low-fat form that is portable
and delicious.
Good bread never goes out of style.
The bread production industry has several diversified opportunities.
Fresh quality bread is always in demand for both urban and suburban areas.
Bread manufacturing projects can be initiated on a small scale and do not require major
licensing.
In modern days bread is now becoming one of the essential food items in the human diet
due to its ready-made availability and high nutritive value.
It is the most consumable wheat based bakery product.
No 3 - BISCUIT MAKING
If you love baking and have a keen interest in the food processing sector, then it is
one of the best businesses for you.
Also, it is a financially lucrative venture.
The biscuit market is very promising and expecting higher growth in the near future.
Broadly, there are three different types of business models that you can start.
For beginners, one can start home-based with very little investment.
The second one is a small-scale biscuit manufacturing unit aiming to sell primarily in the local
market.
And another is a medium-scale unit that sells biscuits through a wide distribution network.
Both the models have their own pros and cons.
No 2 - Ice Cream Making
Ice cream has marvelous popularity as the dessert the consumption is increasing over
years, it is the best treatment and popular among all the age group.
It is an unbelievable experience to taste ice cream in the summer season.
The demand for the ice-cream is high in the market.
Therefore, starting an ice-cream-making business is a good opportunity for one who wants to
start a food manufacturing business with low investment.
No 1 - CHOCOLATE MAKING The production process of chocolate may vary
according to the different qualities of chocolate.
Also, according to the availability of raw material you can decide the taste and ingredients
for chocolate production.
Chocolate making is one of the most profitable food processing businesses.
With so many different types of Chocolate varieties being created.
There is a high chance of profit and growth in this industry, irrespective of the business
being well-established or a Start-up.
So these are some of the best profitable food manufacturing business ideas that gives you
a good income.
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