Business Plan For Micronutrient Fortified Energy Dense Food Manufacturing
Although most people think of protein as the nutrient that makes us feel full and gives us energy, micronutrients can also help us feel full and give us the energy we need to go through the day. Foods that have had their nutritional profile upgraded to add vitamins, minerals, or other nutrients that are helpful to our health but are deficient in the ordinary diet are known as micronutrient-fortified foods.
Micronutrient-fortified food aids in the prevention of chronic diseases such as obesity, diabetes, and heart disease by boosting the consumption of micronutrients (vitamins and minerals) that could otherwise be insufficient in the diet. Many micronutrients, such as vitamins C and B6, folic acid, zinc, and magnesium, play a role in maintaining a healthy body weight and blood sugar levels. We need to consume certain critical vitamins and minerals every day for health reasons, and failing to do so can lead to a variety of health problems in the future.
Deficiencies in one or more micronutrients, such as iron, zinc, and vitamin A, are common in low- and middle-income nations, limiting millions of people's physical and cognitive abilities. Food fortification is a low-cost method that has been shown to provide health, economic, and social benefits.
Despite ongoing debates about the effectiveness and safety of food fortification in some countries and around the world, the practise has significant benefits across all of the main vehicles for food fortification (large-scale food fortification, bio fortification, and point-of-use or home fortification), ranging from lowering the prevalence of nutritional deficiencies to societal and economic benefits.
Micronutrient deficiencies are caused by a lack of nutrient-dense foods in the diet, as well as nutrient losses through poor diets, illnesses, and blood loss during menstruation (women of reproductive age). Micronutrient needs are particularly high during early growth, pregnancy, and lactation.
Several country-level studies on the impact of food fortification on micronutrient status have yielded encouraging results. In Indonesia, for example, a study conducted in two districts of West Java evaluated the effects of large-scale fortification on the vitamin A status of women and children and discovered that fortified oil increased vitamin A intake close to the recommended nutrient intakes, contributing on average 26 percent of daily need for children aged 12 to 23 months, 38–40 percent for older children, and 29–35 percent for women.
The market for fortified foods is expected to reach $172.4 million in 2020, growing at a CAGR of 6.1 percent from 2021 to 2026. Foods that have been supplemented with nutrients that are not naturally present in them are known as fortified foods. These foods are intended to improve nutrition and provide health benefits. Calcium could be supplied to fruit juice extracts, for example, because milk is usually fortified with vitamin D.
The global market for fortified foods is being driven by a growing awareness of the need of maintaining a disease-free and healthy lifestyle. Additional microelements, such as major trace elements and several vitamins, are provided through fortified foods. The term "enhanced food" refers to food that has been fortified with nutrients that were lost during preparation. Furthermore, following processing, many refined grains, such as wheat flour, can be treated with folic acid, riboflavin, and iron. This is aimed at restoring the body's natural vitamin levels.
Key Players
• Hindustan Foods Ltd.
• Natureland Organic Foods Pvt. Ltd.
Plant capacity: Micronutients Fortified Energy Dense Food (Rice): 1,600 Kgs per Day
Plant & machinery: 23 Lakh
Working capital: -
T.C.I: Cost of Project: 56 Lakh
Return: 27.00%
Break even: 66.00%
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