Processed Food & Spices (spices, Vegetable Sauces, Fruit Pulp)
Food processing sector is one of the largest sectors in India in terms of production, growth, consumption, and export. India's food processing sector covers fruit and vegetables; spices; meat and poultry; milk and milk products, alcoholic beverages, fisheries, plantation, grain processing and other consumer product groups like confectionery, chocolates and cocoa products soya-based products, mineral water, high protein foods etc.
With spice, comes flavors and regular foods become luscious in taste. Each spice has a different texture, unique aroma, and enhancing features that bring out the best of the ingredients and make food delectable. With spice, comes flavors and regular foods become luscious in taste. Each spice has a different texture, unique aroma, and enhancing features that bring out the best of the ingredients and make food delectable.
Fruit Pulp is processed fruit products which are useful in the preparation of various food, beverages, cosmetics and other products. The production of Fruit Pulp requires extraction of juice with the crushing of membranes of the fruit which contains juice and then processing it to make it a thick paste. Fruit Pulps helps in maintaining the underlying basis for organic agriculture and interaction of the ecological effects of the inputs into our food supply. Fruit Pulps retains most of the nutrients of fruit and thus preferred in various food and beverage products. Fruit pulp consists of more fiber due to the presence of crushed membrane of the fruit and hence is more beneficial as compared to juice concentrate.
The Indian food industry is poised for huge growth, increasing its contribution to world food trade every year. In India, the food sector has emerged as a high-growth and high-profit sector due to its immense potential for value addition, particularly within the food processing industry.
Currently, food processing accounts for almost one-third of the total food market in India. The food processing industry is valued at US$258 billion, and is the fifth largest industry domestically in terms of production, consumption, export, and expected growth in the country. The country’s food processing industry is expected to reach US$482 billion by 2020, driven by growth in organized retail, changing consumer behaviour, and increasing consumerism in tier II and tier III cities.
The Indian food industry is poised for huge growth, increasing its contribution to world food trade every year. In India, the food sector has emerged as a high-growth and high-profit sector due to its immense potential for value addition, particularly within the food processing industry.
The shelf life of fruit pulp is longer than fresh fruit. Frozen or chilled fruit pulp retains all the vitamins, minerals, and proteins obtained after processing the pulp. A longer storage life without much alteration to the natural content and flavor is a main factor boosting global market demand for fruit pulp. A longer shelf life also means reduced transportation and storage costs, and this factor encourages manufacturers to increase production of fruit pulp.
Also, fruit pulp possesses the same properties (taste, texture, flavor, color) as fresh fruit – in fact, fruit pulp imparts an enhanced color and taste to the finished product. This is another main factor driving the demand for fruit pulp in the global market. Pulp/puree is used as a sweetener in various food products such as snacks, juices, yogurt, and baby food, and also in ready-to-drink smoothies. Food producers are moving towards producing fruit pulp based food products owing to the enhanced properties of fruit pulp. This factor is also fueling revenue growth of the global fruit pulp market.
Fruit Pulp market is mainly driven by the changing consumer preferences towards healthy and non-genetically modifies food. Adverse effects have reduced the demand for GMO and Non-GMO food. Fruit Pulp doesn’t create any harmful consequences on soil and human health whereas GMO fruit pulp can have both the problems. Changing preference toward nutritious and healthy products is the new trend for which companies are launching innovative products to supplement the demand of modern society. Fruit Pulp market will face a surge in demand as many food producing companies started focusing on Organic foods. Fruit Pulp market has an opportunity to replace raw fruit consumption due to changing food preferences.
Plant capacity: -
Plant & machinery: -
Working capital: -
T.C.I: -
Return: 1.00%
Break even: N/A
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