Opportunities in the Industry of Flavored Ice-Cream
Ice cream is one of the most saleable commodity, the demand reaches its peak especially during the summer months. During the earlier times the roadside ice cream carts were very common, mostly amongst children and youngsters. Nowadays, the ice cream shops are gaining fast popularity so that people can enjoy ice cream at leisure. Especially flavored Ice cream parlor business has seen some rapid invention, over the past couple years. In the ice cream business. The start-up costs are not as high as comparison to some other businesses and that’s why it attracts first-time entrepreneurs or also to those who are not willing to risk large amounts of capital. The reason of increasing demand of ice cream is very clear, the increasing disposable income of middle-class family and the western culture that has been very influencing in consumer habit. These are the reasons to make the ice-cream business profitable in present times. If you’re looking for your entrepreneurial path and unsure about what company to start, you should surely consider an ice-cream business.
How to Start the Business of Flavored Ice-Cream?
1) Size of Machines
A 3-in-1 machine which has a production capacity of 10-30 kg/h will permit most start-up businesses to get up and running, but you may need larger equipment, if you are planning as a wholesaler or have an existing customer base. The size of equipment you need will be dependent not only on the amount of product you need to produce, but on the existing workshop space, storage area and if a 3-phase electricity supply is easily available at your premises.
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2) Know Your Market
The global ice cream market is increasing at a CAGR of 4.9% during the forecast period (2020-2025). According to a research done by NPCS, the upsurge in revenue, along with an increase in demand for sweet dishes, drives the growth of this market. Whereas, if you come up with some unique flavors, it will act as a major driver for the market. Also, the cheaper price of the private label ice-creams are increasing the demand for flavored ice-creams.
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3) Selecting the Perfect Location
Once you’ve made a plan and found a niche within the ice cream parlor business, your next step is finding a location where an ice cream parlor can be attraction. The location you will choose can largely be determined by available retail spaces in the area. You have to make sure that your future store location has all the space and amenities you need it to have.
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4) Promote Your Business
There should be some visible signage up so it’s easy for people to see your shop as they pass by and you’ve got to use attractive, clean photos of your offerings so people know what to expect. The other way is go where your target market is, people are fond of a good coupon, and giving away a free scoop of ice cream is surely worth the cost which brings in new customers.
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Conclusion
Ice cream is one of the most favorite food of millions of people in every nation. The ice-cream Flavor is considered the most important characteristics of ice cream. If you are an entrepreneurs, technocrats, professionals, researchers, dairy technologists then you should get your hands on our book “The complete technology book on flavored ice-cream” it will give you all the details you need to start a business in the industry of flavored ice-cream.
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