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Best Business Opportunities in Sikkim - Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

Sikkim is an Indian state situated in the Himalayas and is known to be landlocked. It is the least populous state in the country and the second smallest in area after Goa. In the past few years, the Sikkim Government has tried its level best to promote tourism in the state and has been successful in its task as well. The world's third highest mountain, Mt. Kanchenjunga, dominates this tiny Himalayan State with its beauty and majesty. The State is one of the 18 biodiversity hotspots in the world. It includes nearly one third of the total species of angiosperm found in the country; around 4,000 species of flowering plants; 300 species of ferns and allies; 144 species of mammals; 500 to 600 species of birds and so on. Rare Blue Sheep, Tibetan Mastiff, Yaks and Red Pandas are also found here. Such natural beauty along with ideal climatic condition of the State augurs well for the tourism industry. The green image of the State has made it an attractive investment destination.

It is a popular tourist destination owing to its culture, scenery and biodiversity. Kanchenjunga the world’s 3rd highest peak is the state’s highest point. The state’s economy is largely agrarian based on the terraced farming of rice, it also produces more cardamom than any other Indian state and is home to the largest cultivated area of cardamom. It lacks a large scale industrial base, brewing, distilling, tanning and watch making are the main industries. Noodle based dishes such as thukpa and chowmein are common, it is also the 3rd highest per capita alcoholism rate amongst all Indian states.

In Sikkim, agriculture is the main occupation of the inhabitants. Agriculture in Sikkim seems to be the basis of the socio-cultural pattern of the territory.

Sikkim is blessed by a fertile land that largely supports agriculture. The topography and the climatic condition of Sikkim is favorable for agriculture at Sikkim. Therefore, Sikkim witnesses a high yield every year. Among the chief crops grown in Sikkim are:

Wheat

Paddy

Maize

Barley

Buck wheat

Cardamom

Potatoes

Tea, etc.

It is noteworthy that Sikkim produces the highest amount of Cardamom in India. Sikkim is also known for housing the largest area of Cardamom field within the territory. Cardamom is among the two cash crops of Sikkim, besides potato. Sikkim is known for producing a special variety of tea that is known for its taste and quality throughout the world. One might come across a number of tea estates in Sikkim that form an integral part of Sikkim agriculture.

The important mineral resources of the state are copper-lead-zinc and silver reported in Bhotang, Rangpo and Dikchu in East Sikkim district. Occurrences of other minerals like dolomite, quartzite and steatite are reported in West Sikkim district. Limestone in North Sikkim district and Marble in East Sikkim and North Sikkim districts.

·         Bamboo and Cane Craft are deep rooted in traditional culture of the state.

·         Producer of Carpets of varied designs and high quality.

·         Handloom Products are famous for their beauty and intricate design.

·         Apparel and Garment making Unit at Barfok.

·         Carpet weaving at Makha.

·         Candle making at Namchi.

The above mentioned points proves that Northeast India has the potential to produce the country’s finest silk products, the same of which can be exported outside the country, elevating the economic standard and status of the Northeastern states besides putting Northeast in the cultural map of the world.

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Cement Plant

Cement is a material with adhesive and cohesive properties which make it capable of bonding minerals fragments into a compact whole. It can be defined as any substance, which can join unite two or more pieces of some other substance together to form a unit mass. Cement is the binding agent in concrete, which is a combination of cement, mineral aggregates and water. Concrete is a key building material for a variety of applications. The global cement market size was valued at USD 355.6 billion in 2016. It is expected to register a CAGR of 7.8% from 2017 to 2025. Increasing investments in the infrastructure sector is one of the key trends escalating market growth. As per the World Bank in 2016, the global infrastructure investment is likely to reach nearly USD 94 trillion by 2040. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • A C C Ltd. • Adani Cements Ltd. • Ambuja Cements Ltd. • B R Cement Industry Ltd. • Bagalkot Cement & Inds. Ltd. • Bharathi Cement Corpn. Pvt. Ltd. • Bhilai Jaypee Cement Ltd.
Plant capacity: 200 MT/DayPlant & machinery: Rs 683 lakhs
Working capital: -T.C.I: Cost of Project: 2343 lakhs
Return: 26.00%Break even: 60.00%
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Disposable Baby Diaper

A diaper or nappy is a kind of underwear that allows one to defecate or urinate in a discreet manner. Modern disposable baby diapers and incontinence products have a layered construction, which allows the transfer and distribution of urine to an absorbent core structure where it is locked in. The diapers are gaining huge consumption amongst the baby as well as adult population. Further, it is anticipated that the Baby Diaper market is expected to reach around INR 200 Billion by 2022, growing at a double digit CAGR over the forecasted period 2017-2022. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Centron Industrial Alliance Ltd. • Diapers India Ltd. • Godrej Hygiene Products Ltd. • Kimberly Clark Lever Pvt. Ltd. • Maple Biotech Pvt. Ltd. • Me N Moms Pvt. Ltd.
Plant capacity: Disposable Baby Diapers (4 Pcs/Pkt): 48000 Packets/DayPlant & machinery: Rs 380 lakhs
Working capital: -T.C.I: Cost of Project: Rs 705 lakhs
Return: 29.00%Break even: 52.00%
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Sanitary Napkins

Sanitary Napkin comes under Nonwoven fabrics which as a whole come under technical textile. In addition to sanitary napkins non-woven fabric is also used in several other products like cigarette filters, headliners, airlines disposables, surgical disposables, non-woven wipes, non-woven abrasives, sports footwear components etc. Meditech products include textile material used in hygiene, health and personal care as well as surgical applications. The Indian sanitary napkin market reached a value of nearly US$ 414 Million in 2016, the market is expected to reach a value of around US$ 596 Million by 2022, growing at a CAGR of more than 6% during 2017-2022.Thus, due to demand it is best to invest in this project. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • Carewell Hygiene Products Ltd. • Godrej Hygiene Products Ltd. • Gufic Biosciences Ltd. • H L L Lifecare Ltd. • Johnson & Johnson Pvt. Ltd. • Kimberly Clark Lever Pvt. Ltd.
Plant capacity: Sanitary Napkins (260 mm Size): 19200 Pcs./DayPlant & machinery: Rs 5 lakhs
Working capital: -T.C.I: Cost of Project: Rs 29 lakhs
Return: 32.00%Break even: 62.00%
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Saline and Dextrose Fluid (IV)

Saline is a general phrase referring to a sterile solution of sodium chloride in water, but is only sterile when it is to be placed parenterally; otherwise, a saline solution is a salt water solution. The sterile solution is typically used for intravenous infusion, rinsing contact lenses, nasal irrigation, and often used to clean a new piercing. Dextrose Solution (5%) is an isotonic solution and supplies calories to human body instantaneously without disturbing the electrotype balance. The global Intravenous (IV) solutions market was valued at USD 6.9 billion in 2015 and is projected to grow at a CAGR of 7.8% over the forecast period. And is expected to reach a value of USD 13.79 billion by 2024. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • Amanta Healthcare Ltd. • Axa Parenterals Ltd. • Infutec Healthcare Ltd. • Kokad Pharmaceutical Laboratories Ltd. • Parenteral Drugs (India) Ltd. • Parenteral Surgicals Ltd.
Plant capacity: Dextrose IV Fluid (100 ml Size) : 7800 Bottles/Day Dextrose-Sodium Chloride IV Fluid (250 ml Size): 7200 Bottles/Day Sodium Chloride IV Fluid (500 ml Size): 6200 Bottles/Day Ciprofloxacin (100 gm Size) Bye Product: 250 Bottles/Day FluconazolPlant & machinery: Rs 2281 lakhs
Working capital: -T.C.I: Cost of Project: Rs 3200 lakhs
Return: 28.00%Break even: 34.00%
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Quartz Slabs

Quartz slab is basically used primarily for kitchen countertops. Engineered quartz is a manmade product created mostly from natural materials. Quartz countertops are stronger and more flexible than granite. This makes them easier to work with during the fabrication and installation process. The global kitchen countertop quartz market is anticipated to account for US$ 135.47 Bn by the end of 2025, escalating from US$ 92.93 Bn in 2017, at a growth rate of 4.9% during the forecast period from 2018- 2025. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Associated Marmo & Granites Ltd. • Elegant Marbles & Grani Inds. Ltd. • Inani Marbles & Inds. Ltd. • Madhav Marbles & Granites Ltd. • N C L Marbles & Granites Ltd. • Neelmani Mines & Marbles Ltd.
Plant capacity: Quartz Slabs (3250 x 1650 x 15 mm): 125 Nos./DayPlant & machinery: Rs 1100 lakhs
Working capital: -T.C.I: Cost of Project: Rs 2033 lakhs
Return: 28.00%Break even: 50.00%
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Artificial Sand from Stones and Waste Metals

Artificial sand term used for aggregate material less than 4.75mm and which are processed from crushed rocks or gravel. Due to booming of construction activity in our country natural sand resource are increasingly depleted and its cost is becoming increasingly high. Artificial sand has in compressive strength of concrete to compare the cost of different mix composition and to assess the prospect of using artificial sand as replacement of natural sand in India. Demand for artificial sand is good in almost all regions of the country. India is second only to China as one of the largest consumer of sand in the world. Artificial sand market is directly linked to the crushing and screening business. Today, 25,000 tonne of artificial sand produced every day. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • 20 Microns Nano Minerals Ltd. • Aankit Granites Ltd. • Bharucha Stone & Sand Works Pvt. Ltd. • G T P Granites Ltd. • Gallop Granites Ltd. • Grapco Mining & Co. Ltd.
Plant capacity: 2400 MT/DayPlant & machinery: Rs 325 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1191 lakhs
Return: 30.00%Break even: 58.00%
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Biodegradable Disposable Cups and Plates Using Sugarcane Bagasse

Sugarcane bagasse products are perfect solution for biodegradable food packaging which are environment friendly. These eco-friendly food containers are very easy for food takeaways which why is they are called as green food packaging or biodegradable disposable takeaways. These no plastic food containers not help nature but also our health too. The packaging industry in India is expected to reachUS$73 billion in 2020 from US$32 billion in FY15growing at a CAGR of 18%. Around US$ 3.6 Bn is the global disposable plates and cups market standing in 2017 and it is estimated to reach an evaluation of about US$ 6.4 Bn by 2027. This facilitates the development of new technologies and ensures a high quality product.
Plant capacity: 2800 Kgs/DayPlant & machinery: Rs 940 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1369 lakhs
Return: 26.00%Break even: 44.00%
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Biodegradable Plates Production from Areca Nuts Tree Leaf, Barks and Bamboo

Biodegradable Plates Production from Areca Nuts Tree Leaf, Barks and Bamboo. Eco-Friendly Disposable Areca Leaf Plates Manufacturing Business Areca nuts tree leaf plate is made of completely organic material, which is a fallen leaf collected from areca palm trees. Palm Leaf plates are made by Mother Nature from the naturally fallen Areca Palm tree leaves found in India. The leaf or Sheath is collected for the tableware. Areca Leaf plates are commonly known as Areca Plate / Areca Palm Leaf Plates / Palm Leaf Plates / Bio Plate / Natural plates, Disposable Plates / Eco friendly Bio-Degradable Dinner Plates / Kitchenware / Dinnerware. Features: • Unique • Variegated sizes • Intricate designs Currently no other alternative product in the world can match the unique properties of areca palm leaf plates present in nature. • Hygienic & Odourless • Do not alter taste of the food on the plate • Freezer, Microwave & Oven Safe • Leak Proof • The strongest and most heat tolerant disposable plate • Economical & Commercially Viable • Biodegradable, Compostable & Sustainable • 100% Natural, Non-Toxic & Organic • Naturally biodegrade within 6-8 weeks • After use, it can be utilized as cow fodder Areca leaf plates are made from the naturally shed leaf sheaths of Areca Nut Tree. The areca leaves are simply collected, pressure washed, scrubbed, sun dried and then with the application of heat and pressure formed into appropriate shaped plates. Plates once used can be used as a good fertilizer which enhances plants growth, a good source of organic manure. The disposable plates and bowls are an alternative to plastic and paper plates. The products are natural, compostable and biodegradable yet look stylish. The demand is high within the country too. Areca leaf plates are good replacement of thermocol plates, paper plates and plastic plates as they are eco-friendly. They are made in India and exported all over the world. So, there is a large export market for areca plates. The countries that import areca leaf plates from India are shown in the pie chart below given. Areca Leaf Plate exporters in India supply these plates which are in supreme demand owing to their low cost and solid construction on top of it environmental friendly nature. The products are made from high-quality leak proof and defect free palm sheath. The top countries that constitute to export market for areca leaf plates made in India are: • USA (36%) • Netherlands (17%) • Germany (16%) • Spain (10%) • UK (6%) Some facts on Arecanut production in India • India is leading producer of Arecanut in the world. • In India Karnataka leads other states in production, which is at whopping 47%. • Again, in Karnataka, Shimoga ranks first in area and production, 23% and 21%, respectively. • The nut derived from dried arecanut fruit is called Arecanut, Supari, Betelnut. The disposable tableware is mainly made from paper, pulp, Polyethylene terephthalate, polyethylene, Starch Blends, biodegradable CPLA, PLA and Talc, etc. including the disposable plates, disposable bowls, disposable cups and disposable silverware. The main applications of disposable tableware are household and commercial use. Commercial use is dominating the end market, occupy for about 79.6 % of market share. The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions. Compostable tableware’s products are used for serving food. These products are biodegradable and release valuable nutrients into the soil, aiding the growth of trees and plants when they breakdown. Compostable plates can be placed into the compost bin after use. These products degrade within several months in an industrial composting facility and produce no toxic residues. These plates are reusable and are made up of renewable resources. These renewable sources are made from all-natural materials such as agricultural residues, palm leaves, bagasse, bamboo, and cornstarch-based PLA plastic. These eco-friendly tableware’s are sturdy enough to hold hot or cold food and easily gets biodegraded after use. Compostable plates and bowls are the perfect solutions for emerging green businesses. The growing awareness about the adverse effects of plastic such as massive plastic pollution and its grave consequences on aquatic and aerial creatures after dumping this product into the sea are the major driving factors for the growth of compostable tableware market. The increasing demand for safe, sustainable and environmental friendly cutlery owing to the rising number of fast food restaurants and cafeterias is boosting the compostable tableware market. Compostable disposables are a viable alternative that provides the convenience of disposable plates when used in catering for parties, picnics or other occasions along with an added advantage of no negative impact to the eco-system. However, the lack of awareness about the benefits of compostable tableware’s and the poor management of organic waste hampers the growth of compostable tableware market. The cost of compostable tableware is also higher as compared to the traditional disposables. Moreover, the rising enforcement of environmental laws and the growing need for better waste management is anticipated to create an opportunity for the growth of compostable tableware market. Biodegradable Food Service Disposables Market The global market for foodservice disposables is anticipated to see a steady growth between 2017 and 2021. By the end of 2021, the global foodservice disposables market is estimated to bring in US$ 27,187 Million revenue. Increasing number of restaurants are using disposable plates, cups, trays, bowls, etc., to serve various food items. Majority of the restaurants have started providing catering services, hence the use of foodservice disposables have also increased. Manufacturers are also providing customized foodservice disposables as per the requirement of restaurants. Moreover, increasing number of customers have started using catering services provided by restaurants, especially during celebrations. Meanwhile, in the recent years, retail stores and hospitality industry have also started using foodservice disposables to provide various food products. A rise in the number of restaurants in developing countries and popularity of takeaway meals is fueling the growth of foodservice disposables in Asia Pacific region. Moreover, continuous urbanization, sedentary lifestyles and on-the-go food culture are expected to further propel the growth of the market in the short and medium terms. Easy availability of raw materials used in the manufacturing of biodegradable food service disposables is another factor which will provide the manufacturers with ease of production, thereby increasing the availability of these products in the market. Increasing environmental concerns due to the rising usage and disposal of paper disposables have created strong potential for the biodegradable food service disposables market to grow in the coming years. Plastic ban in several countries and rising consumer awareness about the environmental impact posed by plastic and paper disposables have resulted into increased preference for completely biodegradable alternatives. The global food service disposable market is very competitive and encompasses some of the top players such as; • New Wincup holdings Inc, • Pactiv llc, • Anchor packaging Inc, • Dart Container Corporation • Gold Plast Spa • Georgia Pacific LLC • MDS Associates, Inc. • Biopac India Corporation Ltd. • H.T. Berry Company, Inc. • Sysco Corporation Tags #Biodegradable_Plates, #Eco_Friendly_Disposable_Plates, Eco-Friendly Dinnerware Biodegradable Compostable Disposable, #Compostable_Plates, Biodegradable Plates Manufacture, Biodegradable Plates Making Unit, Biodegradable Disposable Plates, #Areca_Leaf_Plates, Betel Nut Palm Leaf, Arecanut Leaf Plates Manufacturing, Areca Leaf, Palm Leaf Plates, Eco Friendly Leaf Plates, Areca Leaf Plates Business, Eco-Friendly Biodegradable Disposable Dinnerware, How are Areca Leaf Plates Made? Making of Arecanut Leaf Plates, #Arecanut_Leaf_Plate_Manufacturing_Business, Project Report for Areca Leaf Plate Making, #Ecofriendly_Disposable_Dinnerware, Areca Palm Leaf Plates, Betel Leaf Plate Making, #Leaf_Plate_Making_Business, Arecanut Palm Leaf Plates Manufacturing Business, Areca Leaf Plates Making Business, Arecanut Leaf Plates Manufacture in India, Areca Nut Leaf Plate Manufacturing in India, Manufacture of Areca Plates, How to Start a Disposable Plates Business, Bio-Degradable Plates from Areca Nuts Tree Leaf, Barks and Bamboo, Production of Areca Palm Plates, #Biodegradable_and_Compostable_Disposable_Plates, Project Report for Areca Leaf Plate Making Business, Biodegradable Disposable Plate Manufacture, Recyclable and Compostable Disposables Plates, Single-Use Disposable Foodservice Products, Foodservice Cup, Biodegradable and Compostable Alternatives to Conventional Plastics, Foodservice Single-Use Products, Foodservice Products, Project Report on Biodegradable Plates Manufacturing Business Industry, #Detailed_Project_Report_on_Biodegradable_Plates_Manufacturing_Business, Project Report on Biodegradable Plates Manufacturing Business, Pre-Investment Feasibility Study on Biodegradable Plates Manufacturing Business, Techno-Economic feasibility study on Biodegradable Plates Manufacturing Business, Feasibility report on Biodegradable Plates Manufacturing Business, Free Project Profile on Biodegradable Plates Manufacturing Business, #Project_profile_on_Biodegradable_Plates_Manufacturing_Business, Download free project profile on Biodegradable Plates Manufacturing Business, Biodegradable Plates Manufacturing Business
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Turmeric Powder, Coriander Powder and Chilli Powder Processing Industry

Turmeric Powder, Coriander Powder and Chilli Powder Processing Industry. Start a Masala Factory. Spices Production Business 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. India, known as the home of spices, boasts a long history of trading with the ancient civilizations of Rome and China. Today, Indian spices are the most sought-after globally, given their exquisite aroma, texture, taste and medicinal value. India has the largest domestic market for spices in the world. Traditionally, spices in India have been grown in small land holdings, with organic farming gaining prominence in recent times. Turmeric (Curcuma longa) is native to Asia and India. The tuberous rhizomes or underground stems of turmeric have been used from antiquity as condiments, a dye and as an aromatic stimulant in several medicines. Turmeric is very important spice in India, which produces nearly entire whole world’s crop and consumes 80% of it. India is by far the largest producer and exporter of turmeric in the world. Turmeric occupies about 6% of the total area under spices and condiments in India. Turmeric has been India’s golden spice for the past five centuries. It is one of those few Indian products having both commercials as well as mythological significance. Turmeric is used not only in the culinary item but also as cosmetics in almost every Indian household. Turmeric has been used in Asia for thousands of years and is a major part of Ayurveda, unman, and traditional Chinese medicine. It was first used as a dye, and then later for its supposed properties in folk medicine. Turmeric is one of the key ingredients in many Asian dishes, imparting mustard like earthy aroma and pungent, slightly bitter flavor to foods. Turmeric is used mostly in savory dishes but also is used in some sweet dishes, such as the cake stuffing. Turmeric paper also called Curcuma paper; this paper is steeped in a tincture of turmeric and allowed to dry. It is used in chemical analysis as an indicator of acidity and alkalinity. Dhania Powder is the need of every Indian cuisine. Coriander or dhaniya is an indispensible spice in Indian as well as in all other cuisines. There is no distinct evidence on its place of origin but it is believed to be a native of southern Europe. Although it is now widely cultivated all over the world for its green leaves, seed production is largely concentrated in India. It is scientifically known as Coriandrum sativum. Chilli Powder is a world renowned spice that is used in many cuisines and recipes of various cultures to add a tangy taste to them. India is one of the largest consumer and exporter of chillies. It is often referred to as a type of pepper due to its matching taste but interestingly it is not even close to the family of piper nigrum rather it belongs to the family of capsicum. Chillies come in different colors, varieties, fragrances, sizes etc. but are similar in structure i.e. a hollow, seed containing and tube like structure. A substance known by the name of Capsaicin results in the pungent flavor of the fruit. Market Outlook The demand for Indian spices used all over the world has not only increased the demand for vegetarian and non-vegetarian recipes to be filled with tasteful and medicinal qualities, but their use in the cosmetics industry has increased in record quantities this year. Total spices export from India stood at 1.08 billion kgs, valued at US$ 3.11 billion in the year 2017-18. Between Apr-Oct 2018, 621.98 kgs of spices worth US$ 1.84 billion have been exported. Top 10 importers of Indian spices between Apr-Oct 2018 were the US, China, Vietnam, Hong Kong, Bangladesh, Thailand, UK, UAE, Malaysia and Sri Lanka. During 2017-18, top 10 exported spices and spice products in terms of value were Chilli, Mint products, Spice Oils & Oleoresins, Cumin, Turmeric, Pepper, Curry powders/paste, Cardamom seeds, other spices (Tamarind, Asafoetida, and Cassia) and Garlic. India is known to trade around 50 percent of spices by volume, all over the world. As per the latest news and research, there is a high demand of spices around the globe and the country is predicted to export powdered and other spices like oils, seasoning, oleoresins, and extracts. India imports round about 0.1 Million tonnes of spices which is being re-exported. Several Indian states like Gujarat, Rajasthan, Andhra Pradesh, Orissa and Madhya Pradesh are the leading states that produce Spices India. The Indian spices market is projected to reach approximately USD 18 billion by 2020 with growth in the sector is expected to be led by branded spices and spice mixes. The Indian government is aggressively promoting spice exports through various initiatives such as setting up of spice parks. Spice Parks offer common processing facilities to both producers and exporters. Turmeric India is the largest producer, consumer and exporter of turmeric in the world. Indian turmeric is considered to be the best in the world market because of its high curcumin content. India accounts for about 80 per cent of world turmeric production and 60 per cent of world exports. Other major producers are Pakistan, China, Haiti, Jamaica, Peru, Taiwan and Thailand. Asian countries consume much of their turmeric production. The important turmeric growing States in India are, Andhra Pradesh, Tamil Nadu, Orissa, Maharastra, Assam, Kerala, Karnataka and West Bengal, in which Andhra Pradesh occupies 40 per cent of total turmeric area followed by Orissa and Tamil Nadu occupying 17 per cent and 13 per cent of total turmeric area respectively. In terms of production Andhra Pradesh accounts 60 per cent of total turmeric production in India followed by Tamil Nadu (13 per cent) and Orissa (12 per cent). The market is expected to be valued at more than US$ 1,300 Mn by the end of 2027, representing absolute $ opportunity of close to US$ 40 Mn in 2017 over 2016 and an incremental $ opportunity of nearly US$ 600 Mn between 2017 and 2027. On the other hand the sales of turmeric in Eastern Europe is expected to remain low as compared to other regions throughout the forecast period and is expected to account for a revenue share of little more than 4% by 2027 end. Key market players in turmeric market mainly belong to Asia Pacific region, some of the major players of this industry are Nain agro foods, earth Expo Company, curcuminea, Sino-nature, MDH Spices, ITC Spices, Tag Agro Products and Shah Ratanshi Himeji and co. among others. Dhania India is the largest producer and consumer of coriander seed. Madhya Pradesh, Gujarat and Rajasthan are the main coriander producing states in the country, accounting for 85-90 per cent of production. India is the biggest producer, consumer and exporter of coriander in the world with an annual production averaging around 3 lakh tonnes. The production fluctuates widely between years and has varied from below 2 lakh tonnes to above 4 lakh tonnes in this decade. Rajasthan (54%) and Madhya Pradesh (17%) are the two largest producing states in the country contributing over two-thirds to the country's total production in 2006-07. The other producers are Gujarat (6.9%), Assam (6.6%), Andhra Pradesh (3.5%, Karnataka (3.3%), Orissa (3.2%) and Tamil Nadu (2%) Coriander for seed cultivation is grown as a rabi crop with sowing undertaken during October - November and new crop arrivals seen in February - March. The major domestic buyers of coriander seed in India are spice processing agencies, which consume around 50% of the production are mostly located in the southern states of India and Delhi. The demand from this sector peaks during April to June, which also coincides with the peak arrival period. Chilli Powder The large demand of chilli is made by several chilli consuming countries as it forms part of cuisines of various cultures and is also used as a coloring agent. Most of its demand is generated in the food processing sector. The following countries are the major consumers of the world with India again leading the list • India • China • Mexico • Thailand • United States of America • United Kingdom • Germany • Sweden India is also the largest consumer and exporter of chilli crop. It consumes about 90% of the total produce of the country. The demand from the chilli powder-growing sector constitutes to 30% of the total production in the country. Exports of chillies sum up to around one lakh tons, which makes 33% of the total spices exported from the country. Chilli powder, dried chillies, pickled chillies and chilli oleoresins are some of the forms in which this crop is exported. The major importers of chillies from India are United States of America, Sri Lanka, Bangladesh, Nepal, Mexico, Canada, United Kingdom, Saudi Arabia, Singapore, Malaysia and Germany. India is the only country that is rich in many varieties of chilli and there is immense potential to further grow and export the different varieties that are required by different markets around the world. Global Spice Market The global market for spices has witnessed continued demand during the last few years and is estimated to reach 83,468 kilo tons by 2022, at a CAGR of 2.84% from 2016 to 2022. Increase in versatile demand across various food and beverage segments particularly for convenience foods and beverages is likely to drive the global spices market during forecast period 2016 to 2022. The leading market players in the global spices market primarily are McCormick & Co., Inc. (U.S.), Olam International (Singapore), Everest Spices (India), B&G Foods Holdings Corp. (U.S.), Cerebos Gregg’s Limited (New Zealand), MTR Foods Private Limited (India), Mahashian Di Hatti Limited (MDH)(India) and ITC Spices (India) The rising consumer awareness about the medicinal properties of a number of spices including turmeric, cloves, and cinnamon used for various fungal and bacterial infections will further drive the market growth in the near future. Antibiotic property of spices is likely to increase its demand during the forecast period. To tap into emerging markets, manufacturers are continually introducing new product portfolio, thereby driving seasonings and spices market revenue. Spice exports contribute to nation’s gross income considerably in countries like China, India, Africa and the Middle East. Spices are generally sold at premium spices and also in greater demand which can further enhance export revenues in major spice producing countries. Spices farming mechanism starts at grass root level conserving the generative and renewing capacity of the soil, plant nutrition, and soil management, yields nutritious food rich in vitality which has resistance to diseases. Increasing demand of natural flavoring and coloring agents in food, medicinal properties and health benefits are driving the spices market. There is high demand for spices from regions like Asia Pacific, Middle East and Europe. Based on the product type, the global market is segmented into individual and mixed spices, salt substitutes, salt, pepper, dried herbs, and others. Among these, salt substitutes are projected to contribute significantly towards global seasonings and spice market size over the forecast period. Changing consumer food habits and an increasing number of dedicated restaurants for Thai, French, and Italian food are a few more factors fueling the demand for spices and seasonings on a global level. Growing popularity of organic spices and seasonings is expected to continue trending by the end of 2020, boosting the revenues of the global market. Organic segment is currently at a nascent stage, and will offer lucrative growth opportunities. Certain spices and herbs even find important application in the medical therapy field. This also is a promising factor that can potentially propel the demand. Tags #How_to_Start_Spices_Production_Business, #Start_Food_Spicing_Business, How to Start Masala Business, Investment Opportunity in Setting up Spices Processing Business, Spice Processing Plant, Most Profitable Food Processing Project, Spices Processing Industry, Spices Processing, Spice Business Plan, How to Start a Spices Business, Spices Business Plan Pdf, Spices Manufacturing Process, Scope of Spices Business in India, Spices Small Scale Industry, Spices Processing Pdf, Spices Processing PPT, Starting a Spice Business, Masala Powder Manufacturing Plant, Manufacture of Indian Kitchen Spices, Masala Making Unit, #How_to_Start_a_Spice_Manufacturing_Industry, Spices Manufacturing Plant, #Spice_Processing_Unit, Spice Manufacturing Process Flow Chart, Masala Factory Project, How to Start Masala Factory, Masala Manufacturing Process, Whole Spices Processing, Spice Production, Manufacturing Process of Masala, Spice Plant, Spices Unit, Project Report on Masala Manufacturing, Turmeric Processing, #Processing_of_Turmeric, Turmeric Powder Processing Industry, Turmeric Powder Processing Business, Chili Powder Processing, Red Chilli Powder Manufacturing, Red Chilli Powder Manufacturing Plant, Chilli Processing PPT, Chili Powder Manufacturing Process, Chili Powder Manufacturing Project Report, #Dhaniya_Processing_Plant_(Coriander), Dhaniya Powder, Cooking Spices and Masala, Dhania Powder Manufacture, Dhania Processing Plant, Project on Spices, Spices Project Report Pdf, Spices (Masala) Industry, Spices Processing Factory, #Project_Report_for_Setting_up_Spices_Processing_Unit, Business Opportunity for FMCG (Spices), Indian Spices, How to Start Spice Business in India, Spices Business Plan Pdf, Masala Manufacturing Project Report Pdf, Spices Processing Pdf, Turmeric Powder Project Report Pdf, Turmeric Project Report Pdf, Food Processing Industry in India, Food Processing, Agro & Food Processing, Chilly Powder Processing, Chilli Powder Making Process, How to Start a Chilli Powder Making Business, Chilli Powder Making Business, Starting a Food Manufacturing Business, Production of Indian Kitchen Spices, Investment Opportunity in setting up Spices Processing, Project Report on #Dhaniya_Processing_Plant, Detailed Project Report on Spices Processing Industry, Project Report on Spices Processing Industry, Pre-Investment Feasibility Study on Chilly Powder Processing, Techno-Economic feasibility study on Production of Indian Kitchen Spices, Feasibility report on Dhaniya Processing Plant, Free Project Profile on Turmeric Processing Business, Project profile on Production of Indian Kitchen Spices, Download free project profile on Spices Processing Industry, #Business_Opportunity_in_Turmeric_Processing, Turmeric Business Plan, How to Start Turmeric Business, Turmeric Powder Business, #How_to_Start_Turmeric_Powder_Making_Business, Turmeric Powder Masala Making Business, Process of Making Turmeric Powder, Turmeric Processing
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Return: 1.00%Break even: N/A
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Empty Hard Gelatin Capsules Manufacturing Industry

Empty Hard Gelatin Capsules Manufacturing Industry. Production of Empty Gel Capsules. Pharmaceutical Capsule Manufacture Gelatin is considered to be animal proteins that are utilized to prepare capsules, which gives calculated quantities of products. Empty hard gelatin capsules are made from gelatin (Gelatin is a translucent, colorless, brittle (when dry), flavorless solid substance, derived from the collagen- an animal protein). Empty Hard Gelatin Capsules contain 12 – 16% moisture. But the moisture content can vary up on the storage conditions. Empty gelatin capsules are available in various colors and color combinations including transparent and metallic capsules. Widely demanded in food, cosmetics and pharmaceutical industry, Empty Hard Gelatin Capsules are used for strengthening bones, improving air quality and various other uses. It is used for filling the solid substance. Features: • Hermetically sealed and airtight • Increase the bio-availability of poorly soluble nutrients • Longer shelf life • Easily digested and dissolved within minutes • Safe to consume • Fast relief Advantage of Gelatin Capsules There are following importance of gelatin capsules: ? It is taste less, odorless and easy to administration. ? They are attractive to appearance. ? Easy to handle and carry. ? Drug having an unpleasant odor and placed in the closed shell. ? Rapid drug release possible. ? Flexibility of formulation • No need to form a compact that must stand up to handling. • Unique mixed fills possible. • Role in drug development. • Role in clinical tests. ? Sealed HGCs are good barriers to atmospheric oxygen. Market Outlook Indian EHGC market is estimated at approx 64 billion capsules in absolute production terms. The global empty capsules market was valued at $1,841.5 million in 2017 and is expected to reach $3,707.5 million by 2025, registering a CAGR of 9.1% from 2018 to 2025. Capsules are relatively stable shells that contain or encapsulate medicines, which are administered in a variety of dosage forms. Empty capsules are of two types in the market namely, gelatin capsules and non-gelatin capsules. Of these, the vegetable/non-gelatin capsules are expected to witness considerable demand in the coming years. This is attributed to the preference for the same among the consumers due to its natural or non-animal origin. The growth of the nutraceuticals industry has provided a shot in the arm to the global empty capsules market. Nutraceuticals have become popular across a range of demographics and regions due to their convenience in complementing a regular diet and help the individual maintain optimum health. The increasing adoption of unhealthy lifestyles by urban consumers across the world, particularly in developed regions, has led to growing demand for nutraceuticals, which is likely to remain a key driver for the global empty capsules market in the coming years. Apart from nutraceuticals, the branching out of the pharmaceuticals industry into the cosmeceuticals sector also has significant potential for the empty capsules market. The demand for capsules is growing on account of the mounting consumption of medicines worldwide. This trend augurs well for the global empty capsules market, where growth has thus far been driven by the demand for both nongelatin and hard gelatin capsules. The changing demographics of the world have necessitated the greater production of medicines to treat various kinds of diseases. Capsules, being among the most versatile forms of administering drug doses, are thus expected to be consumed in larger volumes over the next few years. The consumption demand for empty capsules is shaped by factors like health conditions of the aging population, clinical trial testing of formulations, changing consumer lifestyles, and edible beauty products with specific application in pharma, nutraceutical, and cosmetic industries. The key factors that boost the growth of the global empty capsules market include growth in popularity of capsules over other drug delivery forms and increase in strategic collaborations between empty capsule suppliers and gelatin manufacturers. In addition, rapid advancements in capsule delivery technologies are set to supplement the market growth. However, ethical concerns, price fluctuations regarding gelatin material, and stringent regulations in the pharmaceutical industry are expected to hamper the market growth. Nevertheless, soaring investments by pharmaceutical manufacturers in untapped economies offer profitable opportunities for the expansion of the market. The demand for empty capsules is expected to rise substantially in the years ahead thanks largely to the overall growth and expansion of the global pharmaceuticals industry. Moreover, the greater demand for nutraceuticals will also provide the global capsules market an opportunity to expand as several food supplements and functional foods are encapsulated to make them convenient for on-the-go consumption. The empty capsules market is dominated by top three players, namely, Capsugel (US), ACG Worldwide (India), and Qualicaps (Japan). Some of the other key players in this market are Suheung Co. Ltd. (Korea), CapsCanada Corporation (Canada), Qingdao Yiqing Medicinal Capsules Co., Ltd. (China), Shanxi Guangsheng Medicinal Capsules Co., Ltd (China), Healthcaps India Ltd. (India), Snail Pharma Industry Co. Ltd. (China), Roxlor (US), Sunil Healthcare Ltd. (India), Medi-Caps Ltd. (India), Nectar Lifesciences Ltd. (India), Natural Capsules Ltd. (India), and Bright Pharma Caps Inc. (US). Tags #Hard_Gelatin_Capsules, #Empty_Hard_Gelatin_Capsules, #Gelatin_Capsules, Manufacturing of Empty Hard Gelatin Capsules, #Empty_Hard_Gelatin_Capsules_Manufacture, Hard Gelatin Capsule Manufacturing Process Pdf, Preparation of Empty Gelatin Capsule, Empty Capsules, #Gelatin_Capsule_Manufacture, Capsule Manufacture, Capsule Manufacturing, Empty Gelatin Capsules, #Production_of_Empty_Hard_Gelatin, Manufacture of Hard Gelatin Capsules, Pharmaceutical Capsule Manufacture, Empty Capsules, Empty Gel Capsules, Gelatin Capsule Manufacturing Business, Gelatin Capsule Manufacturing, #How_to_Start_Empty_Gelatin_Capsule_Manufacturing_Business, Hard Gelatin Capsule Manufacturing Plant, Capsule Manufacture, Empty Gelatin Capsule Manufacturing Process, Capsule Production, Hard Gelatin Capsule Manufacturing Process, #Hard_Gelatin_Capsule_Manufacturing_Process_Pdf, Empty Hard Gelatin Capsules Production, Empty Capsule Production, Empty Capsule Making Business, How Empty Gelatin Capsules are Produced, Capsule Manufacturing Process Flow Chart, Manufacturing of Empty Gelatin Capsules, Project Report on Gelatin Capsule Manufacturing Industry, #Detailed_Project_Report_on_Empty_Hard_Gelatin_Capsules_Production, Project Report on Empty Hard Gelatin Capsules Production, Pre-Investment Feasibility Study on Empty Gelatin Capsule Manufacturing Business, Techno-Economic feasibility study on Empty Hard Gelatin Capsules Production, #Feasibility_report_on_Hard_Gelatin_Capsule_Manufacturing_Business, Free Project Profile on Hard Gelatin Capsule Manufacturing Industry, Project profile on Gelatin Capsule Manufacturing, Download free project profile on Empty Hard Gelatin Capsules Production
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Return: 1.00%Break even: N/A
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