In the process of milling rice, broken rice, often referred to as milling byproducts, is a typical occurrence. During handling and milling, the rice grain is frequently fractured, resulting in a sizeable volume of broken rice that is frequently seen as a waste product. However, this by-product can be turned into a number of products with value additions, making it an affordable choice for rice growers and millers. We shall examine the technological and economic viability of generating value-added goods from broken rice in this article.
Feasibility
The availability of raw materials, local market demand, and production costs are only a few of the variables that affect whether it is feasible to make value-added goods from broken rice. In nations that produce rice, broken rice is readily available, and there is a rising market for value-added items derived from broken rice. The move from conventional rice milling to the creation of value-added products is rather simple since rice millers may use their current infrastructure and machinery to create these products.
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Techno-Economic
The cost of manufacturing, the selling price of the finished product, and the level of market demand all affect how technologically and economically feasible it is to produce value-added items from broken rice. Several elements, such as the price of raw materials, labour expenses, and the price of energy and water, have an impact on the cost of production. Demand for the goods, production costs, and local market rivalry all have an impact on the final product’s sales price.
Economic Analysis
A thorough economic analysis is required to determine whether manufacturing value-added items from broken rice is economically feasible. A cost-benefit analysis, a market analysis, and a financial analysis should all be included in this analysis.
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Cost-Benefit Analysis
The costs and advantages of creating value-added goods from broken rice are assessed using the cost-benefit analysis. Raw material costs, labour expenses, energy costs, and water costs are all included in the price of producing value-added goods from broken rice. Increased profits from the sale of the finished product and less waste are two advantages of creating value-added items from broken rice.
Market Analysis
The local market’s need for value-added items made from broken rice is assessed through market research. Both the competition in the local market and the present market demand for these products should be evaluated in this analysis. The possibility for new market prospects, such export markets, and the potential for new product development should both be included in the market study.
Related Feasibility Study Reports: Rice and Rice Based Products, Value Added Products of Broken Rice
Financial Analysis
The financial analysis is done to determine whether generating value-added goods from broken rice is financially feasible. A thorough budget for the value-added product’s manufacture, including the price of labor, raw materials, energy, and water, should be included in this analysis. A predicted cash flow statement and a projected balance sheet should also be included in the financial analysis.
Value-Added Products
Rice flour, rice bran oil, and rice bran feed are just a few of the value-added products that may be made from broken rice.
Rice Flour
Rice is processed into a thin powder called rice flour. It is frequently used in baking and cooking as a gluten-free substitute for wheat flour. The broken rice is ground into a fine powder to make rice flour. The flour can serve as the foundation for many different foods, including cakes, pastries, and noodles. Baby food, soups, and sauces can all be made with rice flour.
Rice Bran Oil
The outer covering of the rice grain, known as the bran, is used to obtain rice bran oil, an edible oil. It is a well-liked component in the culinary and cosmetic industries since it is a high source of vital fatty acids and antioxidants. Using a solvent extraction method, it is possible to extract rice bran oil from broken rice. The oil can be used for a range of tasks, such as frying, cooking, and dressing salads.
Rice Bran Feed
A high-protein animal feed called rice bran feed is made from the leftovers from the milling of rice. High in fiber, protein, and vital fatty acids, it is a nourishing meal. By extracting the bran, or outer layer, of the rice grain and converting it into a feed, rice bran feed is created. Supplemental feed made from rice bran can be utilized for cattle, poultry, and aquaculture.
Conclusion
In conclusion, rice millers and farmers may produce value-added goods from broken rice in a practical and profitable manner. Those in the rice milling sector may find it appealing because the creation of rice flour, rice bran oil, and rice bran feed can increase revenue streams and decrease waste. To determine if it is feasible to make value-added goods from broken rice, a thorough economic analysis, comprising a cost-benefit analysis, market analysis, and financial analysis, should be carried out. There is a considerable prospect for industry expansion due to the rising demand for value-added products derived from broken rice.
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