Hard Boiled Candy - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost And Revenue
|Confectionery products are universally popular among the young and the older generations alike. With increased access to better machinery, openness among customers to newer tastes and flavors and affordability of required raw materials, the confectionery industry is thriving like never before. Candy or Sweet is the most popular type of confectionery over the world, and there is certainly something about this unique product that holds many mysterious qualities. Hard boiled candies are the most common kind of sweets. Generally candies are available in fruit based flavors or Milk based flavor and sometimes with centre filling also. While we often think about candy as a food for children, we all know that adults love this delicious food as well. There are so many flavours available in the market i.e. orange, pineapple, mango, mint, pan, strawberry, grapes etc. and are having good demand among the children. Hard boiled candy are sugar confectionery which includes hard boiled candies lollipops, mints & lozenges, etc of different flavours. Indians like to celebrate with sweets and they start relishing it at a pretty young age. While the West may be more calorie conscious, the Indian kids start off by indulging in all sorts of sugar boiled candies. No wonder, the confectionery industry is one of the largest and well developed among the food processing sectors in the country. The organized sector of the Indian confectionery market is estimated to be about Rs 1400 crore and it is estimated that the market is growing at a pace of 9 per cent per annum. The confectionery industry in India is the largest among the food processing industries. It has an annual turnover of around Rs 3,500 crores with huge potential to grow (Including the organized and the non-organized sector). There are four categories of confectionery in the organized sector chocolate confectionery, sugar confectionery, gum and cereal bars. A large part of the confectionery industry in India comprise of the local subsidiaries of global confectionery majors like Perfetti, Lotte, Wrigley's and Cadbury. Korean confectionery company Lotte India. According to a study by the market intelligence provider Euromonitor, the Indian candy market is currently valued at around $ 664 million, with about 70 per cent share ($ 461 million) in sugar confectionery and the remaining 30 per cent ($ 203 million) in chocolate confectionery. The domestic confectionery industry is benefitting from the country’s economic boom and growth in consumer spending. Indian consumers, with the nation’s economy growing at around 10 per cent, are expected to consume more chocolates as the product sells more in happy times. Chewing gums and sugar free products are emerging categories, which are showing high growth. However, considering the huge unorganized segment hard boiled confectionery will continue to be the largest contributor. There is a very good scope and ample space for new entrepreneurs to venture into this field. Cost Estimation: Capacity : 360 MT/Annum 150 Kgs./Hr or 30 MT/Month|
|Plant capacity: -||Plant & machinery: 40 Lakhs|
|Working capital: -||T.C.I: 188 Lakhs|
|Return: 45.00%||Break even: 47.00%|
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