Report Overview:
Food processing refers to a series of unit operations to turn unprocessed food into a finished product. It is a method of converting agricultural products or raw materials into direct consumable food. It involves canning, fermenting, mixing, blending, chopping, washing, crystallizing, freezing, adjusted environment packaging, smoking, adding substances, and pasteurizing raw food materials for consumption, cooking, or storage. It improves the taste of the food while minimizing the incidences of foodborne diseases, such as salmonellosis, noroviruses, poisoning, and campylobacteriosis. It also provides numerous advantages, including ease of preparation, longer shelf life, preserved nutritional value, prevention of oxidation and food contamination, and enhanced taste of food. Nowadays, food processing methods are widely adopted across dairy, poultry and meat processing, bakery, confectionery, fisheries, and food and beverage (F&B) industries.
The market is primarily driven by the expanding food and beverage (F&B) industry due to the increasing population and rising disposable incomes. In addition, the surging demand for branded, ready-to-eat, convenience food products due to the sedentary lifestyles of individuals is contributing to the market growth. Moreover, the escalating demand for fast and packaged food, changing preferences of consumers owing to various economic and environmental factors, and the rising foreign direct investments, represent other major growth-inducing factors. Apart from this, the growing consumer inclination toward processed food products, such as breakfast tinned vegetables, bread, crisps, cereals, cheese, sausage, ham, salami, cakes, and biscuits, is also contributing to the market growth. Additionally, the implementation of stringent laws and regulations regarding food processing and handling hygiene due to the rising number of foodborne diseases and the sudden outbreak of coronavirus disease (COVID-19) is anticipated to propel the market growth. Furthermore, the growing integration of the internet of things (IoT) and artificial intelligence (AI) in the food processing is also creating a positive market outlook.
The report provides a techno-commercial roadmap for setting up a food processing plant. The study covers all the requisite aspects that one needs to know while making a foray into the food industry. This ranges from macro overview of the market to micro details of the industry performance, key success and risk factors, manufacturing requirements, project cost, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the food industry.
The project report covers the following aspects of the food market:
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1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Research Methodology
3 Executive Summary
3.1 Market Scenario
3.2 Raw Material Requirements
3.3 Income Projections
3.4 Expenditure Projections
3.5 Profit Analysis
4 Global Food Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Market Breakup by Segment
4.4 Market Breakup by Region
4.5 Price Trends
4.5.1 Raw Material Price Trends
4.5.2 Food Price Trends
4.5.3 Product Margins
4.6 Market Forecast
5 Food Manufacturing Process
5.1 Product Overview
5.2 Detailed Process Flow
5.3 Various Types of Unit Operations Involved
5.4 Mass Balance and Raw Material Requirements
6 Project Details, Requirements and Costs Involved
6.1 Land, Location and Site Development
6.1.1 Overview of Land Location
6.1.2 Project Planning and Phasing of Development
6.1.3 Environmental Impacts
6.1.4 Land Requirement and Expenditure
6.2 Plant Layout
6.3 Plant Machinery
6.3.1 Machinery Requirements and Costs
6.3.2 Machinery Suppliers
6.3.3 Machinery Pictures
6.4 Raw Materials
6.4.1 Raw Material Requirements
6.4.2 Raw Material Procurement
6.4.3 Raw Material Expenditure
6.4.4 Raw Material Suppliers
6.4.5 Raw Material and Final Product Pictures
6.5 Packaging Requirements and Expenditures
6.6 Transportation Requirements and Expenditures
6.7 Utilities Requirements and Expenditures
6.8 Manpower Requirements and Expenditures
7 Loans and Financial Assistance
8 Project Economics
8.1 Capital Cost of the Project
8.2 Operating Expenses
8.3 Expenditure Projections
8.4 Income Projections
8.5 Product Pricing and Margins
8.6 Taxation
8.7 Depreciation
8.8 Financial Analysis
8.8.1 Liquidity Analysis
8.8.2 Profitability Analysis
8.8.2.1 Payback Period
8.8.2.2 Net Present Value
8.8.2.3 Internal Rate of Return
8.8.2.4 Profit and Loss Account
8.8.3 Uncertainty Analysis
8.8.4 Sensitivity Analysis
9 Regulatory Procedures and Approval
10 Key Success and Risk Factors
List of Figures
Figure 1: Global: Food Market: Major Drivers and Challenges
Figure 2: Global: Food Market: Value Trends (in Million US$), 2017-2022
Figure 3: Global: Food Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 4: Global: Food Market: Breakup by Segment (in %), 2022
Figure 5: Global: Food Market: Breakup by Region (in %), 2022
Figure 6: Food Raw Materials: Price Trends, 2017 & 2022
Figure 7: Food: Price Trends, 2017 & 2022
Figure 8: Food: Margins Across Various Stages of the Supply Chain
Figure 9: Food Processing Plant: Breakup of Operational Costs
Figure 10: Food Price Structure
Figure 11: Food: Manufacturing Process Flow
Figure 12: Food: Manufacturing Process: Conversion Rate of Feedstocks
Figure 13: Food Processing Plant Layout
List of Tables
Table 1: Food Processing Plant: Raw Material Requirements
Table 2: Food Processing Plant: Project Planning
Table 3: Food Processing Plant: Phasing of Development
Table 4: Food Processing Plant: Environmental Impacts During Construction Phase
Table 5: Food Processing Plant: Environmental Impacts During Operation Phase
Table 6: Food Processing Plant: Costs Related to Land and Site Development (in US$)
Table 7: Food Processing Plant: Costs Related to Machinery
Table 8: Food Processing Plant: List of Machinery Suppliers
Table 9: Food Processing Plant: Costs Related to Raw Materials
Table 10: Food Processing Plant: List of Raw Material Suppliers
Table 11: Food Processing Plant: Costs Related to Packaging
Table 12: Food Processing Plant: Costs Related to Utilities
Table 13:Food Processing Plant: Costs Related to Salaries and Wages
Table 14: Food Processing Plant: Capital Costs
Table 15: Food Processing Plant: Operating Costs
Table 16: Food Processing Plant: Taxation
Table 17: Food Processing Plant: Depreciation
Table 18: Food Processing Plant: Income Projections
Table 19: Food Processing Plant: Expenditure Projections
Table 20: Food Processing Plant: Liquidity Analysis Without Considering the Income Tax Liability
Table 21: Food Processing Plant: Liquidity Analysis on Considering the Income Tax Liability
Table 22: Food Processing Plant: Profitability Analysis Without Considering the Income Tax Liability
Table 23: Food Processing Plant: Profitability Analysis on Considering the Income Tax Liability
Table 24: Food Processing Plant: Profit and Loss Account
Table 25: Food Processing Plant: Discount Factor Rate
Table 26: Food Processing Plant: Sensitivity Analysis
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