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Business Ideas For Groundnut Oil Production And Refining | |
| Business Ideas for Groundnut Oil Production and Refining. Profitable Investment in Edible Oil Industry. Peanut oil, also called by the name of rachis oil or groundnut oil, is an edible vegetable oil extracted from peanuts. A widely used cooking oil in South Asian and Southeast countries, it is also popular in the western world. This all-purpose oil is known for its distinctive aroma, mild flavour and taste of its parent legume. Its high heat tolerance and high smoke point 450 degrees F (232.22 C), make it suitable for deep-frying and sautéing. Peanut oil is also a healthy oil for everyday use because it is high in monounsaturated and polyunsaturated fat. Peanut oil, also referred to as groundnut oil or rachis oil, is a vegetable-derived oil made from the edible seeds of the peanut plant. Peanut oil, also known by other names such as groundnut oil and rachis oil, is a type of vegetable oil commonly used in cooking that is derived from peanuts. It comes in a number of varieties, including refined, unrefined, roasted, and cold-pressed, which have slight differences in their nutritional value and health benefits. Generally, people use peanut oil in their cooking for the interesting flavor that it gives, particularly the roasted variety, as well as the fact that it is healthier than many types of oil. Related Projects: - Edible Oils Projects Benefits of Groundnut Oil Improves Insulin Sensitivity Helps in Hair Growth Lowers the Signs of Ageing Prevents Arthritis Lowers the Risk of Cancer Groundnut oil is a great source of vitamin E. Hydrates the Lips Prevents Acne Keeps Blood Pressure Levels under Control Improves Blood Circulation No Cholesterol Characteristic Antioxidant Content Cooking With Groundnut Oil Groundnut Oil is high in Vitamin E How to Start a Groundnut Oil Processing Business? Cooking oil is an important and essential item in the FMCG sector. An average Indian consumes 15 Kg of oil in a year. Compared to other oils like sunflower oil, cottonseed oil, and soy oil, groundnut oil has more nutritional value. In addition to cooking, groundnut oil is used in the bakery and confectionery industry. Groundnut oil is used in soaps, salad oils, mayonnaise, etc. Groundnut oil is expensive compared to other oils. It has more vitamins, minerals, nutritional value and low levels of cholesterol. It is also suitable edible oil for Indian cooking. In India, groundnut is cultivated in 5.8 million hectares. Gujarat is the highest producer of groundnut oil in India. Groundnut seed contains 50-55% of the oil. It is one of the best oil seeds to extract oil from. Groundnut Oil Production License & Registration In establishing a groundnut oil production unit, you will need to obtain several different license and registration from different Government authority. Company Registration with ROC Trade License SSI Registration Factory License Food Operator License BIS Certification ‘No Objection’ from Pollution Control Board AGMARK Certification Fire License The Food Standards and Safety Rules, 2011, and rules made under IS 544: 1968 permit additions of antioxidants in groundnut oil for a higher shelf life of the oil. However, under the scheme of labeling of environment-friendly products, the presence of antioxidants within a prescribed limit is a requirement as per notification of the Ministry of Environment and Forests. These are the common license and certification requirement. Check with your local DIC authority about any other required formalities. GROUNDNUT OIL PRODUCTION PROCESS Over 85% of the oil from the seed is extracted using the mechanical press. Groundnut undergoes many processes to produce most of its oil content. Following is the groundnut oil extraction process: Storage ? Cleaning ? Dehulling ? grinding or rolling ? Heating ? Pressing ? Refining ? Packaging. 1. Cleaning:- Clean the ground nuts properly to remove, dirt, sand, and spoilt seeds. Use dry screening to remove all over or undersized seeds. 2. Dehulling:- The outer seed coat of groundnut is removed by a power-operated dehuller. Outer seed coat does not contain oil and hence is removed to avoid junk in oil cake. 3. Grinding or rolling:- Oil extraction is maximum with smaller particles. Grinding reduces the seed size. Rolling the seeds produces flakes. Large oil mills might use both grinding and rolling to extract maximum oil. 4. Heating:- Heating increases oil yield. It kills the enzymes that deteriorate oil quality. 5. Pressing:- Pressing the processed seeds using a lever press, mechanical expeller or hydraulic press separates the oil. 6. Refining:- The extracted oil is further refined to remove dust or dirt. Refining adds great value to the oil. Related Projects:- Edible Oils, Non Edible Oils, Fats, Vegetable Fats and Oils, Corn Oil, Cooking Oils, Rice Bran Oil, Castor Oil, Sesame Oil, Linseed Oil, Vanaspati Ghee Projects Market Outlook The market for cooking oils is a crowded place with a high level of competition and minimal unique functionality. This competition is due to the high and consistent use of several other vegetable oils and introduction of new and unique oils every year. The emergence of soybean oil, for instance, is cited as an important reason for the decline in the use of peanut and other vegetable oils. The impact of new oils is particularly strong in developed regions as consumers belonging to these regions have access and purchasing power to buy these new products. The other important factor that governs the growth of peanut oil market is the extent to which peanuts are used for direct consumption and for processing. It is estimated that the share of peanuts used for direct consumption will increase in the coming years. The functional properties offered by peanut oil are an important factor driving the market. Peanut oil is particularly suited for deep-frying purposes as it does not absorb the flavor of the underlying food products. It is also a relatively healthy oil due to a low percentage of saturated fats, trans-fats, and cholesterol. These factors are important in the context of the increasing health awareness among consumers. The nutty flavor offered by peanut oil is also an important factor that influences peanut oils to be used as a dressing and flavoring agent. The market for cooking oils is a crowded place with a high level of competition and minimal unique functionality. This competition is due to the high and consistent use of several other vegetable oils and introduction of new and unique oils every year. The emergence of soybean oil, for instance, is cited as an important reason for the decline in the use of peanut and other vegetable oils. The impact of new oils is particularly strong in developed regions as consumers belonging to these regions have access and purchasing power to buy these new products. Global peanut oil market is set to witness a steady CAGR of 4.25% in the forecast period of 2019- 2026. Top Global Markets to Export Groundnut Oil from India in 2019-20 During the year 2019-20, Indian exporters nearly exported 56.47 USD Million of Groundnut Oil to the top global markets. India's Groundnut Oil export volume to Viet Nam is around 130611080, which holds the top position with the share of 62.2% of the total quantity. With the quantity of 5806570, USA takes runner up position in the global importers of Groundnut Oil. The total quantity of Groundnut Oil export to the top 5 countries is 179922530. Key Players ADM, Bunge, Cargill, Wilmar International, Corbion, Shandong Luhua, Cofco, Amanah Oil, Ventura Foods, Yihai Kerry, Longda, Qingdao Changsheng, Shangdong Jinsheng, Shandong Bohi Industry, Xiamen Zhongsheng, Hunan Jinlong, Sanhe hopefull, Dalian Huanong, Shandong Sanwei, Qingdao Tianxiang Tags: - #GroundnutOil #PeanutOil #OrganicGroundnutOil #groundnutoilproduction #edibleoil #edibleoils #agribusiness #edibleoilbusiness #edibleoilindustry #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #feasibilityReport #projectreport | |
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| Working capital: - | T.C.I: - |
| Return: 1.00% | Break even: N/A |
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