Paneer, also known as cottage cheese, is made by coagulating milk with lemon juice, vinegar, citric acid, and yogurt. It is a fresh, non-aged cheese, non-fermentative, non-renneted, and non-melting dairy product with a soft spongy texture and sweet acidic flavor that can be consumed raw or cooked, grated, sliced, and crumbled. It is rich in protein, calcium, iron, vitamins, minerals, phosphorous, potassium, carbohydrates, and other essential nutrients. It aids in weight management, maintaining blood pressure, improving digestive health, minimizing the risk of developing heart diseases and strengthening bones, teeth, and muscles. At present, the rising adoption of a vegan and vegetarian diet is catalyzing the demand for paneer across the globe.
There is currently an increase in the use of paneer in the preparation of curries, gravies, burgers, wraps, sandwiches, noodles, pizza, pasta, nuggets, stew, salad, and soups. This, along with significant growth in the food and beverages (F&B) industry, represents one of the major factors fueling the growth of the market around the world. Moreover, the rising number of commercial places, such as cafes, restaurants, quick-service restaurants (QSRs), and other fast-food chains, is favoring the market growth. In addition, the growing awareness among people about the health benefits of consuming paneer and the increasing adoption of a protein-based diet among gym enthusiasts is influencing the market positively. Apart from this, the growing inclination toward ready-to-eat (RTE) food products on account of rapid urbanization, sedentary lifestyles, and the expanding purchasing power of consumers are creating a positive outlook for the market. Furthermore, the emerging trend of culinary tourism and the increasing consumer willingness to try out traditional recipes and authentic dishes are strengthening the growth of the market. Key players operating in the industry are offering low-fat product variant for catering to the demand of health-conscious consumers.
The report provides a techno-commercial roadmap for setting up an paneer manufacturing plant. The study covers all the requisite aspects that one needs to know while making a foray into the paneer 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 paneer industry.
The project report covers the following aspects of the paneer 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 Paneer 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 Paneer Price Trends
4.5.3 Product Margins
4.6 Market Forecast
5 Paneer 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: Paneer Market: Major Drivers and Challenges
Figure 2: Global: Paneer Market: Value Trends (in Million US$), 2017-2022
Figure 3: Global: Paneer Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 4: Global: Paneer Market: Breakup by Segment (in %), 2022
Figure 5: Global: Paneer Market: Breakup by Region (in %), 2022
Figure 6: Paneer Raw Materials: Price Trends, 2017 & 2022
Figure 7: Paneer: Price Trends, 2017 & 2022
Figure 8: Paneer: Margins Across Various Stages of the Supply Chain
Figure 9: Paneer Manufacturing Plant: Breakup of Operational Costs
Figure 10: Paneer Price Structure
Figure 11: Paneer: Manufacturing Process Flow
Figure 12: Paneer: Manufacturing Process: Conversion Rate of Feedstocks
Figure 13: Paneer Manufacturing Plant Layout
List of Tables
Table 1: Paneer Manufacturing Plant: Raw Material Requirements
Table 2: Paneer Manufacturing Plant: Project Planning
Table 3: Paneer Manufacturing Plant: Phasing of Development
Table 4: Paneer Manufacturing Plant: Environmental Impacts During Construction Phase
Table 5: Paneer Manufacturing Plant: Environmental Impacts During Operation Phase
Table 6: Paneer Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 7: Paneer Manufacturing Plant: Costs Related to Machinery
Table 8: Paneer Manufacturing Plant: List of Machinery Suppliers
Table 9: Paneer Manufacturing Plant: Costs Related to Raw Materials
Table 10: Paneer Manufacturing Plant: List of Raw Material Suppliers
Table 11: Paneer Manufacturing Plant: Costs Related to Packaging
Table 12: Paneer Manufacturing Plant: Costs Related to Utilities
Table 13: Paneer Manufacturing Plant: Costs Related to Salaries and Wages
Table 14: Paneer Manufacturing Plant: Capital Costs
Table 15: Paneer Manufacturing Plant: Operating Costs
Table 16: Paneer Manufacturing Plant: Taxation
Table 17: Paneer Manufacturing Plant: Depreciation
Table 18: Paneer Manufacturing Plant: Income Projections
Table 19: Paneer Manufacturing Plant: Expenditure Projections
Table 20: Paneer Manufacturing Plant: Liquidity Analysis Without Considering the Income Tax Liability
Table 21: Paneer Manufacturing Plant: Liquidity Analysis on Considering the Income Tax Liability
Table 22: Paneer Manufacturing Plant: Profitability Analysis Without Considering the Income Tax Liability
Table 23: Paneer Manufacturing Plant: Profitability Analysis on Considering the Income Tax Liability
Table 24: Paneer Manufacturing Plant: Profit and Loss Account
Table 25: Paneer Manufacturing Plant: Discount Factor Rate
Table 26: Paneer Manufacturing Plant: Sensitivity Analysis
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