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

Automotive Industry: Project Opportunities in Tamil Nadu

 

PROFILE:

The automotive industry in India is one of the largest in the world and one of the fastest growing globally. India's passenger car and commercial vehicle manufacturing industry is the seventh largest in the world, with an annual production of more than 3.7 million units in 2010. Automotive industry is the key driver of any growing economy. It plays a pivotal role in country's rapid economic and industrial development. It caters to the requirement of equipment for basic industries like steel, non-ferrous metals, fertilisers, refineries, petrochemicals, shipping, textiles, plastics, glass, rubber, capital equipments, logistics, paper, cement, sugar, etc. It facilitates the improvement in various infrastructure facilities like power, rail and road transport. Due to its deep forward and backward linkages with almost every segment of the economy, the industry has a strong and positive multiplier effect and thus propels progress of a nation. The automotive industry comprises of the automobile and the auto component sectors.

 

RESOURCES:

Tamil Nadu is being popularly hailed as “Detroit” of India as it has a large Automobile and Ancillary sector. Automobile industry plays a crucial role in the State economy and has been one of the key driving factors, contributing 8% to State GDP and giving direct employment to 2,20,000 people. More than100 companies in the Automotive and Auto Ancillary industry are located in this state, maintaining highest production norms by implementing internationally recognized quality standards. Chennai has emerged as India's largest automobile and auto components exporter in India. Hyundai has made Chennai the manufacturing and export hub for its small cars. Tamil Nadu has the largest auto components industry base. Currently, Tamil Nadu accounts for above 32% of India's production capacity. Automobile manufacturers operate "Just - in-Time" avoiding inventory costs. The state has a well-developed automotive and auto component industry. It is the hub of Indian automobiles industry. Several automobile and automobile ancillary units are located in Tamil Nadu. It has manufacturing facilities across the automotive spectrum from tractors to battle tanks. Global auto majors like, Hindustan Motors and Mitsubishi have commenced production plants. Ashok Leyland and TAFE have set up expansion plants in Chennai. Fortune 500 companies such as Hyundai and Ford have established manufacturing facilities in the state.

 

GOVERNMENT POLICIES:

Government brought out a very innovative Policy "Ultra Mega Policy for Integrated Automobile Projects" that offers a very attractive package of support to automobile projects investing more than Rs.4000 Crores. As a result of this Policy, since May 2006, investments attracted by Tamil Nadu is automobiles & components manufacturing is Rs.21900 Crores, almost 5 times of the Investments attracted during previous 15 years (May 1991-April 2006). The total employment potential in these new projects is: 1.20 lakhs (direct + Indirect). Govt of India is currently implementing a project "National Automotive Testing R&D Infrastructure Project" (NATRIP) in Oragdam near Chennai at a project cost of about Rs.450 Crores. This project aims at facilitating introduction of world-class automotive safety, emission and performance standards in India as also ensure seamless integration of our automotive industry with the global industry.

 

Textile: Project Opportunities in Tamil Nadu

 

PROFILE:

The textile industry is primarily concerned with the production of yarn, and cloth and the subsequent design or manufacture of clothing and their distribution. The raw material may be natural or synthetic using products of the chemical industry. India Textile Industry is one of the leading textile industries in the world. Though was predominantly unorganized industry even a few years back, but the scenario started changing after the economic liberalization of Indian economy in 1991. The opening up of economy gave the much-needed thrust to the Indian textile industry, which has now successfully become one of the largest in the world.

RESOURCES:

Tamil Nadu has traditional strengths in the textile sector. In the post-quota abolition regime, the Textile Industry has tremendous opportunities for growth as well as challenges to be met. Availability of cotton at fair prices and at right quality, the backlog in modernization, supply of inputs particularly credit and power at reasonable rates etc. are all essential for the textile industry to be competitive in an increasingly uncertain trading environment. The Handlooms, Power looms, Hi-Tech Weaving Parks, Garments & Hosiery, Processing Apparel Park are important components of the textile industry.

GOVERNMENT POLICIES:

 

The Ministry of Textiles in India has formulated numerous policies and schemes for the development of the textile industry in India. The government of India has been following a policy of promoting and encouraging the handloom sector through a number of programmes. Most of the schematic interventions of the government of India in the ninth and tenth plan period have been through the state agencies and co-operative societies in the handloom industries. Some of the major acts relating to textile industry include: Central Silk Board Act, 1948, The Textiles Committee Act, 1963, The Handlooms Act, 1985, Cotton Control Order, 1986, The Textile Undertakings Act, 1995Government of India is earnestly trying to provide all the relevant facilities for the textile industry to utilize its full potential and achieve the target. The textile industry is presently experiencing an average annual growth rate of 9-10% and is expected to grow at a rate of 16% in value, which will eventually reach the target of US $ 115 billion by 2012. The clothing and apparel sector are expected to grow at a rate of 21 %t in value terms.

 

Leather: Project Opportunities in Tamil Nadu

 

PROFILE:

Leather Industry occupies a place of prominence in the Indian economy in view of its massive potential for employment, growth and exports. There has been increasing emphasis on its planned development, aimed at optimum utilisation of available raw materials for maximising the returns, particularly from exports.  The leather and leather products industry is one of India’s oldest manufacturing industries that catered to the international market right from the middle of the nineteenth century. The leather industry employs about 2.5 million people and has annual turnover of Rs. 25,000 crores. India is the third largest leather producer in the world after China and Italy

RESOURCES:

Leather industry in Tamil Nadu is considered to be very ancient and some say it is of more than two centuries old. The state accounts for 70 per cent of leather tanning capacity in India and 38 per cent of leather footwear and components. The exports from Tamil Nadu are valued at about US $ 762 million, which accounts for 42 per cent of Indian leather exports. Hundreds of leather and tannery industries are located around Vellore, Dindigul and Erode its nearby towns such as Ranipet, Ambur, Perundurai, Nilakottai and Vaniyambadi. The Vellore district is the top exporter of finished leather goods in the country. That leather accounts for more than 37% of the country's Export of Leather and Leather related products such as finished leathers, shoes, garments, gloves and so on. The tanning industry in India has a total installed capacity of 225 million pieces of hide and skins of which Tamil Nadu alone contributes to an inspiring 70%. Leather industry occupies a pride of place in the industrial map of Tamil Nadu. Tamil Nadu enjoys a leading position with 40% share in India's export.

GOVERNMENT POLICIES:

Government policies in support of the industry:

• The entire leather sector is now de-licensed and de-reserved, paving way for expansion on modern lines with state-of-the art machinery and equipment

• 100% Foreign Direct Investment and Joint Ventures permitted through the automatic route

• 100% repatriation of profit and dividends, if investments made in convertible foreign currency. Only declaration to this effect to the Reserve Bank is required.

• Promotion of industrial parks (one leather park in Andhra Pradesh, one leather goods park in West Bengal, one footwear park in Tamil Nadu and one footwear components park in Chennai).

• Funding support for modernizing manufacturing facilities 

• Funding support for establishing design studios

• Duty free import of raw materials (namely raw skins, hides, semi finished leather and finished leather) and of embellishments and components under specific scheme

• Concessional duty on import of specified machinery for use in leather sector

• Duty neutralization / remission scheme

Food Processing: Project Opportunities in Tamil Nadu

 

PROFILE:

India is the world's second largest producer of food next to China, and has the potential of being the biggest with the food and agricultural sector. The Indian food processing industry stands at $135 billion and is estimated to grow with a CAGR of 10 per cent to reach $200 billion by 2015. The food processing industry in India is witnessing rapid growth. In addition to the demand side, there are changes happening on the supply side with the growth in organised retail, increasing FDI in food processing and introduction of new products. India's food processing sector covers fruit and vegetables; 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.

RESOURCES:

Tamil Nadu has historically been an agricultural state and is a leading producer of agricultural products in India. In 2008, Tamil Nadu was India's fifth biggest producer of Rice. The total cultivated area in the State was 5.60 million hectares in 2009-10. The state is the largest producer of bananas, flowers, tapioca, the second largest producer of mango, natural rubber, coconut, groundnut and the third largest producer of coffee, sapota, Tea and Sugarcane. Tamil Nadu's sugarcane yield per hectare is the highest in India. Among states in India, Tamil Nadu is one of the leaders in livestock, poultry and fisheries production. Tamil Nadu had the second largest number of poultry amongst all the states and accounted for 17.7% of the total poultry population in India. With the third longest coastline in India, Tamil Nadu represented 27.54% of the total value of fish and fishery products exported by India in 2006.

GOVERNMENT POLICIES:

Tamil Nadu government has come out with following policies :

·         Raise in processed foods in the market from 1% to 10%.

·         Raise value addition levels from 7% to 30 %

·         Food processing industry is one of the growing areas identified for exports. Free Trade Zones (FTZ) and Export Processing Zones (EPZ) have been set up with all infrastructures. Also, setting up of 100% Export oriented units (EOU) is encouraged in other areas. They may import free of duty all types of goods, including capital foods.

·         Capital goods, including spares up to 20% of the CIF value of the Capital goods may be imported at a concessional rate of Customs duty subject to certain export obligations under the EPCG scheme, Export Promotion Capital Goods. Export linked duty free imports are also allowed.

·         Units in EPZ/FTZ and 100% Export oriented units can retain 50% of foreign exchange receipts in foreign currency accounts.

·         50% of the production of EPZ/FTZ and 100% EOU units is saleable in domestic tariff area.

Paper industry: Project Opportunities in Tamil Nadu

 

PROFILE:

Paper Industry in India is riding on a strong demand and on an expanding mood to meet the projected demand of 8 million tons by 2010 & 13 million tons by 2020. The Indian Paper Industry is a booming industry and is expected to grow in the years to come. The usage of paper cannot be ignored and this awareness is bound to bring about changes in the paper industry for the better. It is a well known fact that the use of plastic is being objected to these days. The reason being, there are few plastics which do not possess the property of being degradable, as such, use of plastic is being discouraged. Excessive use of non degradable plastics upsets the ecological equilibrium. The Paper industry is a priority sector for foreign collaboration and foreign equity participation upto 100% receives automatic approval by Reserve Bank of India. Several fiscal incentives have also been provided to the paper industry, particularly to those mills which are based on non-conventional raw material.

RESOURCES:

Tamil Nadu continues to be one of the forerunners in the production of paper and paper products. There are 74 paper mills in operation in Tamil Nadu. The total paper production was 3.7 lakh tonnes in 2005 06 which accounts for 17.30% share of the national production, next only to Andhra Pradesh.  As the country’s forest cover is much below the desired level, the Government of Tamil Nadu established TNPL in 1979 to manufacture newsprint and paper using bagasse (sugarcane waste) as the primary raw material. This is the largest paper mill in India with an installed capacity of 230,000 TPA. Tamil Nadu Newsprint and Papers Limited (TNPL) was established by the Government of Tamil Nadu to produce newsprint and writing paper using bagasse, a sugarcane residue.

GOVERNMENT POLICIES:

Several policy measures have been initiated in recent years to remove the bottlenecks of availability of raw materials and infrastructure development. To bridge the gap of short supply of raw materials, duty on pulp and waste paper and wood logs/chips have been reduced. In the year 1979, Government of Tamil Nadu established Tamil Nadu Newsprint and Papers Limited as a public limited company under the Companies Act, 1956. Commencing production in 1984, with the support of Government of Tamil Nadu, the company has made rapid strides and has emerged as the largest paper mill in India at a single location. With the on-going expansion plan to increase paper production capacity from the present 2.45 lakh tons to 4 lakh tons per annum, TNPL is poised to become a Rs.2000 crores company by 2011-12.

Cement Industry: Project Opportunities in Tamil Nadu

 

PROFILE:

India is the second largest producer of quality cement in the world. The cement industry in India comprises 139 large cement plants and over 365 mini cement plants. Industry's capacity at beginning of the year 2008-09 was 198.30 million tonne (MT) which increased to 219 MT at the close of the year. The initiatives provided by the Government of India to various infrastructure projects, road network and housing activities will provide required stimulus towards the growth of cement industry in India. Domestic demand for cement has been increasing at a fast pace in India & it has surpassed the economic growth of the country.

RESOURCES:

Tamil Nadu is a leading producer of cement in India. It has 13 major cement factories.  It is a home for leading brands in the country such as Chettinad Cements (Karur), Dalmia Cements (Ariyalur), Ramco Cements (Madras Cement Ltd.), India Cements (Sankakari, Ariyalur), Grasim etc. The production of cement in the State increased from 126 lakh tonnes in 2004-05 to 142.89 lakh tonnes in 2005-06 with a growth rate of 13.4% accounting for 10.08 % of cement production at the national level, occupying the 5th place.  However, it may be noted that, the cement production in the private sector has been showing an increasing trend whereas production in the public sector has decreased to 7.85 lakh tonnes from 8.06 lakh tonnes in the public sector for the corresponding period.

GOVERNMENT POLICIES:

Government policies have affected the growth of cement plants in India in various stages. The control on cement for a long time and then partial decontrol and then total decontrol has contributed to the gradual opening up of the market for cement producers. The prices that primarily control the price of cement are coal, power tariffs, railway, freight, royalty and cess on limestone. Interestingly, all of these prices are controlled by government. Cement industry consumes about 5.5bn units of electricity annually while one ton of cement approximately requires 120-130 units of electricity. Power tariffs vary according to the location of the plant and on the production process. The state governments supply this input and hence plants in different states shall have different power tariffs. Another major hindrance to the industry is severe power cuts.

 

Waste management: Project Opportunities in Andhra Pradesh

PROFILE:

Waste utilization, recycling and reuse plays a major role in limiting resource consumption and the environmental impact of waste. Recycling is an integral part of any waste management system as it represents a key utilization alternative to reuse and energy recovery (Waste-to-Energy). Which option is ultimately chosen depends on the quality, purity and the market situation. Hazardous waste management is a new concept for most of the Asian countries including India. The lack of technical and financial resources and the regulatory control for the management of hazardous wastes in the past had led to the unscientific disposal of hazardous wastes in India, which posed serious risks to human, animal and plant life.

 

RESOURCES:

Municipal Solid Waste (MSW) generation in Chennai, the fourth largest metropolitan city in India, has increased from 600 to 3500 tons per day (tpd) within 20 years. The highest per capita solid waste generation rate in India is in Chennai (0.6 kg/d). Chennai is divided into 10 zones of 155 wards and collection of garbage is carried out using door-to-door collection and street bin systems. The collected wastes are disposed at open dump sites located at a distance of 15 km from the city.  Recent investigations on reclamation and hazard potential of the sites indicate the need for the rehabilitation of the sites.  Chennai is the first city in India to contract out MSWM services to a foreign private agency- ONYX, a Singapore based company. The scope of privatization includes activities such as sweeping, collection, storing, transporting of MSW and creating public awareness in three municipal zones.  ONYX collects about 1100 Metric tons of waste from three zones per day and transports it to open dumps.

 

GOVERNMENT POLICIES:

National policy on waste management is set out in the October 1998 policy statement on waste management - Changing our Ways. It outlines the Government's policy objectives in relation to waste management, and suggests some key issues and considerations that must be addressed to achieve these objectives. The policy is firmly grounded in an internationally recognised hierarchy of options, namely prevention, minimisation, reuse/recycling, and the environmentally sustainable disposal of waste which cannot be prevented or recovered.

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Transparent Rigid PVC Film Roll (For Packaging Industry)

Transparent Rigid PVC Films & Sheets are primarily used for signage, photo frames, Box windows, advertisement display stands & smart cards. These sheets are offset printable, fusable & offer excellent transparency & light transmission. They can be used as replacement for Acrylic sheets for thickness below 1.5 mm. These sheets also come with removable protective masking film on both sides for avoiding scratches & nail marks. The market number for transparent rigid PVC film is derived on the basis of both primary and secondary research. Evaluation of the share of various sides transparent rigid PVC film suppliers based on product type, transparent color and application through secondary research and data validation through primary interactions. The demand scope of the market is estimated of the basis of penetration of transparent rigid PVC film in various applications. Initially, in-depth secondary research is done to have the idea about overall market size, top industry players, industry associations, etc. The rigid transparent plastics market is driven by its easy-to-handle, durable, and lightweight characteristics. These are widely employed in the food & beverage industry for manufacturing packaging covers or materials. Growth in the food & beverage industry has a direct impact on the consumption of rigid transparent plastics for packaging. Rigid plastic packaging accounted for more than 15% share of usage in the food & beverages industry. Many developed countries are shifting to packaging covers made from clear plastics; primarily, polypropylene and polystyrene.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Recovery of Nylon from Nylon Waste

Nylon is one of the most common plastics in the world and has been used to create everything from clothes and parachutes to food packaging and guitar strings. Nylon can also be used in conjunction with other materials, such as glass and carbon fibre, as its wide range of qualities are often beneficial, but sadly lacking from the materials that it teams up with. The global nylon market has been estimated to register a significant growth on account of increasing demand of light weight fuel efficient vehicles. The primary factors driving growth of the market are the rising use of the light weight vehicles, growing demand for light weight, heat resistant and durable material in numerous industrial applications, and ever increasing demand of the product from textile industry. The global automotive market is estimated to grow at higher CAGR to mark over USD 90 billion revenue in 2018. The production and use of light weight cars and other automotive, as projected by Morgan Stanley analysts, is set to rise to 2.9 percent of 99 million new vehicles in 2020 and to 9.4 percent of 102 million new vehicles in 2025, from 1.1 percent of 86.5 million this year. This is anticipated to fuel demand of the nylon in manufacturing light yet durable parts. Additionally, there is growing demand for the demand for organic which is expected to rise globally due to the rising prices of petrochemical-based raw. Bio-based polyamides are a high-quality alternative to substitute petro-based. They can be used in automotive, electronics, and sports applications. As a result, it has been projected that in future the demand of nylon may surge manifolds. Moreover, surging demand for and use of consumer goods and electronic devices is expected to further boost growth of the market.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Fruit Processing Industry

Fruit Processing Industry. Production of Mango & Pomegranate Juice. Start a Profitable Fruit Juice Business Fruit processing is a profitable business. Fruit processing enhances the shelf life of the fruits. In addition, value-added processed fruits fetch more profit than fresh fruits. The fruit processing industry caters a wide range of segments. It includes fresh, fresh-cut, canned, frozen, dried, and convenience products, as the method of processing is different for each of these segments. On the basis of operation type, you can adopt semi-automatic or fully automatic operation. The fruit processing industry is growing rapidly worldwide. However, major reasons are consumer demand for healthy and fresh products that are easily available and require minimal preparation time. And Asia Pacific region has the best potential of this industry. Mango Juice Mango is known as the king of the fruits. It grows mostly in tropical climates and has been a favourite among humans for over 4000 years. Mango and its juice, commonly known as “aam ras” contain many vital vitamins and minerals that are essential for a healthy human body. Mango is a very sweet fruit and hence one does not need to add sugar in it, and hence it makes it very beneficial for health. Mango juices are produced from mango fruits. Fruit generally has been defined as the ripened ovary of the flower, with or without other associated parts. It can be classified broadly into two, namely, juicy and pulpy fruits. Pomegranate Juice Pomegranate juice is made from the fruit of the pomegranate. It is used in cooking both as a fresh juice and as a concentrated syrup. Pomegranate juice contains more than 100 phytochemicals. The pomegranate fruit has been used for thousands of years as medicine. It is one of the few fruits whose juice is as beneficial as the fruit itself. This is because the peel contains the maximum amount of antioxidants which are released in abundance when the fruit is squeezed while juicing. It is currently ranked alongside blue berries and green tea for its nutritional benefits. Market Outlook Mango Fruit Juice Market: The global demand for tropical fruit juices has been increasing for the past few years. Sweet aromatic taste of mango is the major factor driving the growth of mango fruit juice market. Rising health concerns and amount of nutrition in fruit juices successfully influenced the growth of mango juice market. Europe is the major consumer of fruit juices which comprises more than 20% consumption of mango juice in Europe of which more than 50% consumed in United Kingdom. Countries in Asia, South America and Africa are the major producer of mango and major exporters to North America and Europe. Major producers are responsible for more than 90% domestic consumption. Mango beverages are one of the fastest growing fruit juice categories, which are outpacing the carbonated drinks in terms of volume growth. Mango Fruit juices are majorly known for its taste and acquire largest market in Asian countries such as China, India and Indonesia. Market players such coca cola and PepsiCo are continuously expending huge amount on advertisements and product line of mango juices in Asia. In 2016, carbonated drink market in Asia has grown by 27% in volume sales, but juice segment that have up to 25% fresh juice content has grown by 63% over the same period. Rising health awareness and growing popularity of tropical fruits are the major factors driving the growth of mango juice market. The industrial demand for tropical fruits and mangoes are growing quickly owing to response from consumer demand for indigenous and non-indigenous fruits. Global production of mango has grown significantly in recent years and surpassed 45 million tons of production in 2015. Growing disposable income and product innovation are some of the other factors which have significantly accelerated the sales of mango fruit juice. Demand for mango concentrates in North-America and Europe are growing significantly owing to rising demand for fruit juices and concentrates in western countries. However, rising logistic costs and being a tropical fruit, mango is quite a costly fruit in regions of Europe and North-America, which is expected to saturate the growth of mango juice in some markets. The global mango juice market is anticipated to reach USD 22.1 billion by the end of 2024, expanding at a compound annual growth rate of 4.1% over the forecast period i.e. 2016-2024. The global mango juice market accounted for over USD 16.0 billion in 2016 owing health awareness among consumers. Pomegranate Juice Market: This type of drink is famous in the United States and is gradually expanding in Europe. Due to its unique production method, the cost of the pomegranate is high and the sale price is high. The big consumers are the middle class and the rich, where compared to men, women tend to like a pomegranate more. Growing health consciousness and other benefits of pomegranate such as nutrition values and sources are driving the global pomegranate market. On the other hand, increasing disposable incomes, evolving lifestyle and adaption of organic food culture are supporting the growth of the Global Pomegranate Juice Market. Global Pomegranate Juice Market is segmented into regions such as North America, Latin America, Europe, Middle East and Africa and Asia Pacific. World demand is good for Indian pomegranates, especially in the German and Dutch markets, where they are known for their quality. An Indian merchant attributes this to having the advantage over other producing countries when it comes to investing in production technology, with more experience. Demand is increased for Italian pomegranates which are driving the regional market. Also, Asia pacific is estimated to be fastest growing region with highest CAGR owing to factors like wide cultivation of pomegranates in countries like India and presence of major economies such as China and others. Fruit juice Market: Fruit juices nowadays have become a social drink which captures the attention of each individual of a society. The restrictions for other type of alcoholic drinks gave an ultimate way to the demand of fruit juices. In Indian market, the severe competition among the producers has encouraged them to go for innovative ways. The consumers are mostly lean towards the brands which come across them in the daily life while going through television, newspapers, and magazines, banners displayed in roads and from web sites. The juice market has turned into a competitive market as there are similar competitors in the market serving the same type of juice by different brand names. India fruit juice market is majorly driven by the factors such as rising health consciousness, as a result of which the consumers now prefer more organic beverages over carbonated drinks which are free from added sugar and artificial flavors and preservatives. Children centered fruit juice market is one of the high potential market, which is barely promoted by any producer of fruit juices. As a major market for fruit drinks, children fruit drink market majorly consists of protein drinks and milk beverages. Under the requirement of higher nutrient values, children fruit juices fascinate consumers with attractive packaging and designs, which ensures positive market prospects. The market for fruit juice is driven by several growth-inducing factors. The primary factor for the growth is the rising health concerns, as a result of which the consumers are now shifting from carbonated drinks to organic beverages which are free from added sugar, flavours and preservatives. This has increased the demand for fruit juice globally. Some of the other factors which have accelerated the demand for fruit juice are increasing disposable incomes, value addition, product innovation and growth in emerging markets. Global juice market is expected to witness significant growth during the forecast period from 2015 to 2021. Rising dietary and health concerns among consumers is one the key factors giving a push to the global fruit juice market. Owing to the high nutritional content and refreshing attributes of fruit juices, there has been a major shift in consumer preferences from carbonated drinks to the non-carbonates and natural beverages like fruit juices. Several other factors like population growth, rising disposable incomes, product innovations, premiumization and growing demand from emerging markets are also inducing the growth of the global market for fruit juices. Changes in lifestyles and awareness regarding the consumption of a healthy and balanced diet have steered the growth of the global juice market. As a result of the growing consumption of vegetable and fruit juice, the global market for juice is likely to witness strong growth over the forthcoming years. However, the growth of the global juice market is entirely dependent on the geographical distribution and availability of vegetables and fruits. In the beverage industry, juices constitute the most competitive segment. Regionally, the global juice market is segmented into Latin America, the Middle East and Africa, Europe, Asia Pacific, and North America. Manufacturers of juice are likely to gain lucrative growth opportunities from the growing consumption of orange juice in developed countries. The leading markets for juice in these regions are the U.S., Japan, and Europe. Fruit Processing Industry. Production of Mango & Pomegranate Juice. Start a Profitable Fruit Juice Business Fruit processing is a profitable business. Fruit processing enhances the shelf life of the fruits. In addition, value-added processed fruits fetch more profit than fresh fruits. The fruit processing industry caters a wide range of segments. It includes fresh, fresh-cut, canned, frozen, dried, and convenience products, as the method of processing is different for each of these segments. On the basis of operation type, you can adopt semi-automatic or fully automatic operation. The fruit processing industry is growing rapidly worldwide. However, major reasons are consumer demand for healthy and fresh products that are easily available and require minimal preparation time. And Asia Pacific region has the best potential of this industry. Mango Juice Mango is known as the king of the fruits. It grows mostly in tropical climates and has been a favourite among humans for over 4000 years. Mango and its juice, commonly known as “aam ras” contain many vital vitamins and minerals that are essential for a healthy human body. Mango is a very sweet fruit and hence one does not need to add sugar in it, and hence it makes it very beneficial for health. Mango juices are produced from mango fruits. Fruit generally has been defined as the ripened ovary of the flower, with or without other associated parts. It can be classified broadly into two, namely, juicy and pulpy fruits. Pomegranate Juice Pomegranate juice is made from the fruit of the pomegranate. It is used in cooking both as a fresh juice and as a concentrated syrup. Pomegranate juice contains more than 100 phytochemicals. The pomegranate fruit has been used for thousands of years as medicine. It is one of the few fruits whose juice is as beneficial as the fruit itself. This is because the peel contains the maximum amount of antioxidants which are released in abundance when the fruit is squeezed while juicing. It is currently ranked alongside blue berries and green tea for its nutritional benefits. Market Outlook Mango Fruit Juice Market: The global demand for tropical fruit juices has been increasing for the past few years. Sweet aromatic taste of mango is the major factor driving the growth of mango fruit juice market. Rising health concerns and amount of nutrition in fruit juices successfully influenced the growth of mango juice market. Europe is the major consumer of fruit juices which comprises more than 20% consumption of mango juice in Europe of which more than 50% consumed in United Kingdom. Countries in Asia, South America and Africa are the major producer of mango and major exporters to North America and Europe. Major producers are responsible for more than 90% domestic consumption. Mango beverages are one of the fastest growing fruit juice categories, which are outpacing the carbonated drinks in terms of volume growth. Mango Fruit juices are majorly known for its taste and acquire largest market in Asian countries such as China, India and Indonesia. Market players such coca cola and PepsiCo are continuously expending huge amount on advertisements and product line of mango juices in Asia. In 2016, carbonated drink market in Asia has grown by 27% in volume sales, but juice segment that have up to 25% fresh juice content has grown by 63% over the same period. Rising health awareness and growing popularity of tropical fruits are the major factors driving the growth of mango juice market. The industrial demand for tropical fruits and mangoes are growing quickly owing to response from consumer demand for indigenous and non-indigenous fruits. Global production of mango has grown significantly in recent years and surpassed 45 million tons of production in 2015. Growing disposable income and product innovation are some of the other factors which have significantly accelerated the sales of mango fruit juice. Demand for mango concentrates in North-America and Europe are growing significantly owing to rising demand for fruit juices and concentrates in western countries. However, rising logistic costs and being a tropical fruit, mango is quite a costly fruit in regions of Europe and North-America, which is expected to saturate the growth of mango juice in some markets. The global mango juice market is anticipated to reach USD 22.1 billion by the end of 2024, expanding at a compound annual growth rate of 4.1% over the forecast period i.e. 2016-2024. The global mango juice market accounted for over USD 16.0 billion in 2016 owing health awareness among consumers. Pomegranate Juice Market: This type of drink is famous in the United States and is gradually expanding in Europe. Due to its unique production method, the cost of the pomegranate is high and the sale price is high. The big consumers are the middle class and the rich, where compared to men, women tend to like a pomegranate more. Growing health consciousness and other benefits of pomegranate such as nutrition values and sources are driving the global pomegranate market. On the other hand, increasing disposable incomes, evolving lifestyle and adaption of organic food culture are supporting the growth of the Global Pomegranate Juice Market. Global Pomegranate Juice Market is segmented into regions such as North America, Latin America, Europe, Middle East and Africa and Asia Pacific. World demand is good for Indian pomegranates, especially in the German and Dutch markets, where they are known for their quality. An Indian merchant attributes this to having the advantage over other producing countries when it comes to investing in production technology, with more experience. Demand is increased for Italian pomegranates which are driving the regional market. Also, Asia pacific is estimated to be fastest growing region with highest CAGR owing to factors like wide cultivation of pomegranates in countries like India and presence of major economies such as China and others. Fruit juice Market: Fruit juices nowadays have become a social drink which captures the attention of each individual of a society. The restrictions for other type of alcoholic drinks gave an ultimate way to the demand of fruit juices. In Indian market, the severe competition among the producers has encouraged them to go for innovative ways. The consumers are mostly lean towards the brands which come across them in the daily life while going through television, newspapers, and magazines, banners displayed in roads and from web sites. The juice market has turned into a competitive market as there are similar competitors in the market serving the same type of juice by different brand names. India fruit juice market is majorly driven by the factors such as rising health consciousness, as a result of which the consumers now prefer more organic beverages over carbonated drinks which are free from added sugar and artificial flavors and preservatives. Children centered fruit juice market is one of the high potential market, which is barely promoted by any producer of fruit juices. As a major market for fruit drinks, children fruit drink market majorly consists of protein drinks and milk beverages. Under the requirement of higher nutrient values, children fruit juices fascinate consumers with attractive packaging and designs, which ensures positive market prospects. The market for fruit juice is driven by several growth-inducing factors. The primary factor for the growth is the rising health concerns, as a result of which the consumers are now shifting from carbonated drinks to organic beverages which are free from added sugar, flavours and preservatives. This has increased the demand for fruit juice globally. Some of the other factors which have accelerated the demand for fruit juice are increasing disposable incomes, value addition, product innovation and growth in emerging markets. Global juice market is expected to witness significant growth during the forecast period from 2015 to 2021. Rising dietary and health concerns among consumers is one the key factors giving a push to the global fruit juice market. Owing to the high nutritional content and refreshing attributes of fruit juices, there has been a major shift in consumer preferences from carbonated drinks to the non-carbonates and natural beverages like fruit juices. Several other factors like population growth, rising disposable incomes, product innovations, premiumization and growing demand from emerging markets are also inducing the growth of the global market for fruit juices. Changes in lifestyles and awareness regarding the consumption of a healthy and balanced diet have steered the growth of the global juice market. As a result of the growing consumption of vegetable and fruit juice, the global market for juice is likely to witness strong growth over the forthcoming years. However, the growth of the global juice market is entirely dependent on the geographical distribution and availability of vegetables and fruits. In the beverage industry, juices constitute the most competitive segment. Regionally, the global juice market is segmented into Latin America, the Middle East and Africa, Europe, Asia Pacific, and North America. Manufacturers of juice are likely to gain lucrative growth opportunities from the growing consumption of orange juice in developed countries. The leading markets for juice in these regions are the U.S., Japan, and Europe. Fruit Processing Industry. Production of Mango & Pomegranate Juice. Start a Profitable Fruit Juice Business Fruit processing is a profitable business. Fruit processing enhances the shelf life of the fruits. In addition, value-added processed fruits fetch more profit than fresh fruits. The fruit processing industry caters a wide range of segments. It includes fresh, fresh-cut, canned, frozen, dried, and convenience products, as the method of processing is different for each of these segments. On the basis of operation type, you can adopt semi-automatic or fully automatic operation. The fruit processing industry is growing rapidly worldwide. However, major reasons are consumer demand for healthy and fresh products that are easily available and require minimal preparation time. And Asia Pacific region has the best potential of this industry. Mango Juice Mango is known as the king of the fruits. It grows mostly in tropical climates and has been a favourite among humans for over 4000 years. Mango and its juice, commonly known as “aam ras” contain many vital vitamins and minerals that are essential for a healthy human body. Mango is a very sweet fruit and hence one does not need to add sugar in it, and hence it makes it very beneficial for health. Mango juices are produced from mango fruits. Fruit generally has been defined as the ripened ovary of the flower, with or without other associated parts. It can be classified broadly into two, namely, juicy and pulpy fruits. Pomegranate Juice Pomegranate juice is made from the fruit of the pomegranate. It is used in cooking both as a fresh juice and as a concentrated syrup. Pomegranate juice contains more than 100 phytochemicals. The pomegranate fruit has been used for thousands of years as medicine. It is one of the few fruits whose juice is as beneficial as the fruit itself. This is because the peel contains the maximum amount of antioxidants which are released in abundance when the fruit is squeezed while juicing. It is currently ranked alongside blue berries and green tea for its nutritional benefits. Market Outlook Mango Fruit Juice Market: The global demand for tropical fruit juices has been increasing for the past few years. Sweet aromatic taste of mango is the major factor driving the growth of mango fruit juice market. Rising health concerns and amount of nutrition in fruit juices successfully influenced the growth of mango juice market. Europe is the major consumer of fruit juices which comprises more than 20% consumption of mango juice in Europe of which more than 50% consumed in United Kingdom. Countries in Asia, South America and Africa are the major producer of mango and major exporters to North America and Europe. Major producers are responsible for more than 90% domestic consumption. Mango beverages are one of the fastest growing fruit juice categories, which are outpacing the carbonated drinks in terms of volume growth. Mango Fruit juices are majorly known for its taste and acquire largest market in Asian countries such as China, India and Indonesia. Market players such coca cola and PepsiCo are continuously expending huge amount on advertisements and product line of mango juices in Asia. In 2016, carbonated drink market in Asia has grown by 27% in volume sales, but juice segment that have up to 25% fresh juice content has grown by 63% over the same period. Rising health awareness and growing popularity of tropical fruits are the major factors driving the growth of mango juice market. The industrial demand for tropical fruits and mangoes are growing quickly owing to response from consumer demand for indigenous and non-indigenous fruits. Global production of mango has grown significantly in recent years and surpassed 45 million tons of production in 2015. Growing disposable income and product innovation are some of the other factors which have significantly accelerated the sales of mango fruit juice. Demand for mango concentrates in North-America and Europe are growing significantly owing to rising demand for fruit juices and concentrates in western countries. However, rising logistic costs and being a tropical fruit, mango is quite a costly fruit in regions of Europe and North-America, which is expected to saturate the growth of mango juice in some markets. The global mango juice market is anticipated to reach USD 22.1 billion by the end of 2024, expanding at a compound annual growth rate of 4.1% over the forecast period i.e. 2016-2024. The global mango juice market accounted for over USD 16.0 billion in 2016 owing health awareness among consumers. Pomegranate Juice Market: This type of drink is famous in the United States and is gradually expanding in Europe. Due to its unique production method, the cost of the pomegranate is high and the sale price is high. The big consumers are the middle class and the rich, where compared to men, women tend to like a pomegranate more. Growing health consciousness and other benefits of pomegranate such as nutrition values and sources are driving the global pomegranate market. On the other hand, increasing disposable incomes, evolving lifestyle and adaption of organic food culture are supporting the growth of the Global Pomegranate Juice Market. Global Pomegranate Juice Market is segmented into regions such as North America, Latin America, Europe, Middle East and Africa and Asia Pacific. World demand is good for Indian pomegranates, especially in the German and Dutch markets, where they are known for their quality. An Indian merchant attributes this to having the advantage over other producing countries when it comes to investing in production technology, with more experience. Demand is increased for Italian pomegranates which are driving the regional market. Also, Asia pacific is estimated to be fastest growing region with highest CAGR owing to factors like wide cultivation of pomegranates in countries like India and presence of major economies such as China and others. Fruit juice Market: Fruit juices nowadays have become a social drink which captures the attention of each individual of a society. The restrictions for other type of alcoholic drinks gave an ultimate way to the demand of fruit juices. In Indian market, the severe competition among the producers has encouraged them to go for innovative ways. The consumers are mostly lean towards the brands which come across them in the daily life while going through television, newspapers, and magazines, banners displayed in roads and from web sites. The juice market has turned into a competitive market as there are similar competitors in the market serving the same type of juice by different brand names. India fruit juice market is majorly driven by the factors such as rising health consciousness, as a result of which the consumers now prefer more organic beverages over carbonated drinks which are free from added sugar and artificial flavors and preservatives. Children centered fruit juice market is one of the high potential market, which is barely promoted by any producer of fruit juices. As a major market for fruit drinks, children fruit drink market majorly consists of protein drinks and milk beverages. Under the requirement of higher nutrient values, children fruit juices fascinate consumers with attractive packaging and designs, which ensures positive market prospects. The market for fruit juice is driven by several growth-inducing factors. The primary factor for the growth is the rising health concerns, as a result of which the consumers are now shifting from carbonated drinks to organic beverages which are free from added sugar, flavours and preservatives. This has increased the demand for fruit juice globally. Some of the other factors which have accelerated the demand for fruit juice are increasing disposable incomes, value addition, product innovation and growth in emerging markets. Global juice market is expected to witness significant growth during the forecast period from 2015 to 2021. Rising dietary and health concerns among consumers is one the key factors giving a push to the global fruit juice market. Owing to the high nutritional content and refreshing attributes of fruit juices, there has been a major shift in consumer preferences from carbonated drinks to the non-carbonates and natural beverages like fruit juices. Several other factors like population growth, rising disposable incomes, product innovations, premiumization and growing demand from emerging markets are also inducing the growth of the global market for fruit juices. Changes in lifestyles and awareness regarding the consumption of a healthy and balanced diet have steered the growth of the global juice market. As a result of the growing consumption of vegetable and fruit juice, the global market for juice is likely to witness strong growth over the forthcoming years. However, the growth of the global juice market is entirely dependent on the geographical distribution and availability of vegetables and fruits. In the beverage industry, juices constitute the most competitive segment. Regionally, the global juice market is segmented into Latin America, the Middle East and Africa, Europe, Asia Pacific, and North America. Manufacturers of juice are likely to gain lucrative growth opportunities from the growing consumption of orange juice in developed countries. The leading markets for juice in these regions are the U.S., Japan, and Europe. Tags #Fruit_Processing, #Fruit_Processing_Industry, #Processing_of_Fruits, #Fruit_and_Fruit_Juice_Processing, Fruit Processing Plant, Fruit Processing Unit, Fruits and Fruit Processing, Industrial Fruit Processing, Fruit Processing Factory, Small-Scale Fruit Processing, Fruit Processing Industry in India and Its Opportunities, Indian Fruit Processing Industry, How to Start Fruits Processing Industry, How to Start a Fresh Juice Business, How to Start a Fruit Juice Business in India, Starting a Fruit Juice Business, Fruit Juice Production, How to Start a Fruit Juice Processing Plant, Juice Business Opportunities, Juice Business Plan Pdf, Fruit Juice Processing Business Plan in India, Start Commercial Production of Fresh Juice, Project on Mango Juice Industry, How to Start a Mango Juice Business, Mango Juice, #Mango_Juice_Production_Process, Mango Processing Plant, Commercial Processing of Mangoes, Mango Juice Processing Pdf, Mango Juice Processing Plant, Mango Processing Flow Chart, Mango Pulp Processing Unit Cost, Mango Juice Processing Flow Chart, Mango Processing Plant Layout, Mango Juice Manufacturing Process, Mango Juice Making Business, Production of Mango Juice, Pomegranate Processing, Setting up a Pomegranate Juice Production Unit, Pomegranate Juice Processing, #Production_of_Pomegranate_Juice, Pomegranate Juice Processing Plant, Pomegranate Processing Project Report, Pomegranate Juice Manufacture, #Project_Report_on_Fruit_Processing_Plant_Industry, Detailed Project Report on Fruit Juice Production, Project Report on Mango Juice Processing Industry, Pre-Investment Feasibility Study on Fruit Juice Production, #Techno_Economic_feasibility_study_on_Pomegranate_Juice_Processing_Plant, #Feasibility_report_on_Pomegranate_Juice_Processing_Plant, Free Project Profile on Fruit Processing Plant, #Project_profile_on_Pomegranate_Juice_Processing_Plant, Download free project profile on Mango Juice Processing Business
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Fruit Processing Industry

Fruit Processing Industry. Production of Mango & Pomegranate Juice. Start a Profitable Fruit Juice Business Fruit processing is a profitable business. Fruit processing enhances the shelf life of the fruits. In addition, value-added processed fruits fetch more profit than fresh fruits. The fruit processing industry caters a wide range of segments. It includes fresh, fresh-cut, canned, frozen, dried, and convenience products, as the method of processing is different for each of these segments. On the basis of operation type, you can adopt semi-automatic or fully automatic operation. The fruit processing industry is growing rapidly worldwide. However, major reasons are consumer demand for healthy and fresh products that are easily available and require minimal preparation time. And Asia Pacific region has the best potential of this industry. Mango Juice Mango is known as the king of the fruits. It grows mostly in tropical climates and has been a favourite among humans for over 4000 years. Mango and its juice, commonly known as “aam ras” contain many vital vitamins and minerals that are essential for a healthy human body. Mango is a very sweet fruit and hence one does not need to add sugar in it, and hence it makes it very beneficial for health. Mango juices are produced from mango fruits. Fruit generally has been defined as the ripened ovary of the flower, with or without other associated parts. It can be classified broadly into two, namely, juicy and pulpy fruits. Pomegranate Juice Pomegranate juice is made from the fruit of the pomegranate. It is used in cooking both as a fresh juice and as a concentrated syrup. Pomegranate juice contains more than 100 phytochemicals. The pomegranate fruit has been used for thousands of years as medicine. It is one of the few fruits whose juice is as beneficial as the fruit itself. This is because the peel contains the maximum amount of antioxidants which are released in abundance when the fruit is squeezed while juicing. It is currently ranked alongside blue berries and green tea for its nutritional benefits. Market Outlook Mango Fruit Juice Market: The global demand for tropical fruit juices has been increasing for the past few years. Sweet aromatic taste of mango is the major factor driving the growth of mango fruit juice market. Rising health concerns and amount of nutrition in fruit juices successfully influenced the growth of mango juice market. Europe is the major consumer of fruit juices which comprises more than 20% consumption of mango juice in Europe of which more than 50% consumed in United Kingdom. Countries in Asia, South America and Africa are the major producer of mango and major exporters to North America and Europe. Major producers are responsible for more than 90% domestic consumption. Mango beverages are one of the fastest growing fruit juice categories, which are outpacing the carbonated drinks in terms of volume growth. Mango Fruit juices are majorly known for its taste and acquire largest market in Asian countries such as China, India and Indonesia. Market players such coca cola and PepsiCo are continuously expending huge amount on advertisements and product line of mango juices in Asia. In 2016, carbonated drink market in Asia has grown by 27% in volume sales, but juice segment that have up to 25% fresh juice content has grown by 63% over the same period. Rising health awareness and growing popularity of tropical fruits are the major factors driving the growth of mango juice market. The industrial demand for tropical fruits and mangoes are growing quickly owing to response from consumer demand for indigenous and non-indigenous fruits. Global production of mango has grown significantly in recent years and surpassed 45 million tons of production in 2015. Growing disposable income and product innovation are some of the other factors which have significantly accelerated the sales of mango fruit juice. Demand for mango concentrates in North-America and Europe are growing significantly owing to rising demand for fruit juices and concentrates in western countries. However, rising logistic costs and being a tropical fruit, mango is quite a costly fruit in regions of Europe and North-America, which is expected to saturate the growth of mango juice in some markets. The global mango juice market is anticipated to reach USD 22.1 billion by the end of 2024, expanding at a compound annual growth rate of 4.1% over the forecast period i.e. 2016-2024. The global mango juice market accounted for over USD 16.0 billion in 2016 owing health awareness among consumers. Pomegranate Juice Market: This type of drink is famous in the United States and is gradually expanding in Europe. Due to its unique production method, the cost of the pomegranate is high and the sale price is high. The big consumers are the middle class and the rich, where compared to men, women tend to like a pomegranate more. Growing health consciousness and other benefits of pomegranate such as nutrition values and sources are driving the global pomegranate market. On the other hand, increasing disposable incomes, evolving lifestyle and adaption of organic food culture are supporting the growth of the Global Pomegranate Juice Market. Global Pomegranate Juice Market is segmented into regions such as North America, Latin America, Europe, Middle East and Africa and Asia Pacific. World demand is good for Indian pomegranates, especially in the German and Dutch markets, where they are known for their quality. An Indian merchant attributes this to having the advantage over other producing countries when it comes to investing in production technology, with more experience. Demand is increased for Italian pomegranates which are driving the regional market. Also, Asia pacific is estimated to be fastest growing region with highest CAGR owing to factors like wide cultivation of pomegranates in countries like India and presence of major economies such as China and others. Fruit juice Market: Fruit juices nowadays have become a social drink which captures the attention of each individual of a society. The restrictions for other type of alcoholic drinks gave an ultimate way to the demand of fruit juices. In Indian market, the severe competition among the producers has encouraged them to go for innovative ways. The consumers are mostly lean towards the brands which come across them in the daily life while going through television, newspapers, and magazines, banners displayed in roads and from web sites. The juice market has turned into a competitive market as there are similar competitors in the market serving the same type of juice by different brand names. India fruit juice market is majorly driven by the factors such as rising health consciousness, as a result of which the consumers now prefer more organic beverages over carbonated drinks which are free from added sugar and artificial flavors and preservatives. Children centered fruit juice market is one of the high potential market, which is barely promoted by any producer of fruit juices. As a major market for fruit drinks, children fruit drink market majorly consists of protein drinks and milk beverages. Under the requirement of higher nutrient values, children fruit juices fascinate consumers with attractive packaging and designs, which ensures positive market prospects. The market for fruit juice is driven by several growth-inducing factors. The primary factor for the growth is the rising health concerns, as a result of which the consumers are now shifting from carbonated drinks to organic beverages which are free from added sugar, flavours and preservatives. This has increased the demand for fruit juice globally. Some of the other factors which have accelerated the demand for fruit juice are increasing disposable incomes, value addition, product innovation and growth in emerging markets. Global juice market is expected to witness significant growth during the forecast period from 2015 to 2021. Rising dietary and health concerns among consumers is one the key factors giving a push to the global fruit juice market. Owing to the high nutritional content and refreshing attributes of fruit juices, there has been a major shift in consumer preferences from carbonated drinks to the non-carbonates and natural beverages like fruit juices. Several other factors like population growth, rising disposable incomes, product innovations, premiumization and growing demand from emerging markets are also inducing the growth of the global market for fruit juices. Changes in lifestyles and awareness regarding the consumption of a healthy and balanced diet have steered the growth of the global juice market. As a result of the growing consumption of vegetable and fruit juice, the global market for juice is likely to witness strong growth over the forthcoming years. However, the growth of the global juice market is entirely dependent on the geographical distribution and availability of vegetables and fruits. In the beverage industry, juices constitute the most competitive segment. Regionally, the global juice market is segmented into Latin America, the Middle East and Africa, Europe, Asia Pacific, and North America. Manufacturers of juice are likely to gain lucrative growth opportunities from the growing consumption of orange juice in developed countries. The leading markets for juice in these regions are the U.S., Japan, and Europe. Fruit Processing Industry. Production of Mango & Pomegranate Juice. Start a Profitable Fruit Juice Business Fruit processing is a profitable business. Fruit processing enhances the shelf life of the fruits. In addition, value-added processed fruits fetch more profit than fresh fruits. The fruit processing industry caters a wide range of segments. It includes fresh, fresh-cut, canned, frozen, dried, and convenience products, as the method of processing is different for each of these segments. On the basis of operation type, you can adopt semi-automatic or fully automatic operation. The fruit processing industry is growing rapidly worldwide. However, major reasons are consumer demand for healthy and fresh products that are easily available and require minimal preparation time. And Asia Pacific region has the best potential of this industry. Mango Juice Mango is known as the king of the fruits. It grows mostly in tropical climates and has been a favourite among humans for over 4000 years. Mango and its juice, commonly known as “aam ras” contain many vital vitamins and minerals that are essential for a healthy human body. Mango is a very sweet fruit and hence one does not need to add sugar in it, and hence it makes it very beneficial for health. Mango juices are produced from mango fruits. Fruit generally has been defined as the ripened ovary of the flower, with or without other associated parts. It can be classified broadly into two, namely, juicy and pulpy fruits. Pomegranate Juice Pomegranate juice is made from the fruit of the pomegranate. It is used in cooking both as a fresh juice and as a concentrated syrup. Pomegranate juice contains more than 100 phytochemicals. The pomegranate fruit has been used for thousands of years as medicine. It is one of the few fruits whose juice is as beneficial as the fruit itself. This is because the peel contains the maximum amount of antioxidants which are released in abundance when the fruit is squeezed while juicing. It is currently ranked alongside blue berries and green tea for its nutritional benefits. Market Outlook Mango Fruit Juice Market: The global demand for tropical fruit juices has been increasing for the past few years. Sweet aromatic taste of mango is the major factor driving the growth of mango fruit juice market. Rising health concerns and amount of nutrition in fruit juices successfully influenced the growth of mango juice market. Europe is the major consumer of fruit juices which comprises more than 20% consumption of mango juice in Europe of which more than 50% consumed in United Kingdom. Countries in Asia, South America and Africa are the major producer of mango and major exporters to North America and Europe. Major producers are responsible for more than 90% domestic consumption. Mango beverages are one of the fastest growing fruit juice categories, which are outpacing the carbonated drinks in terms of volume growth. Mango Fruit juices are majorly known for its taste and acquire largest market in Asian countries such as China, India and Indonesia. Market players such coca cola and PepsiCo are continuously expending huge amount on advertisements and product line of mango juices in Asia. In 2016, carbonated drink market in Asia has grown by 27% in volume sales, but juice segment that have up to 25% fresh juice content has grown by 63% over the same period. Rising health awareness and growing popularity of tropical fruits are the major factors driving the growth of mango juice market. The industrial demand for tropical fruits and mangoes are growing quickly owing to response from consumer demand for indigenous and non-indigenous fruits. Global production of mango has grown significantly in recent years and surpassed 45 million tons of production in 2015. Growing disposable income and product innovation are some of the other factors which have significantly accelerated the sales of mango fruit juice. Demand for mango concentrates in North-America and Europe are growing significantly owing to rising demand for fruit juices and concentrates in western countries. However, rising logistic costs and being a tropical fruit, mango is quite a costly fruit in regions of Europe and North-America, which is expected to saturate the growth of mango juice in some markets. The global mango juice market is anticipated to reach USD 22.1 billion by the end of 2024, expanding at a compound annual growth rate of 4.1% over the forecast period i.e. 2016-2024. The global mango juice market accounted for over USD 16.0 billion in 2016 owing health awareness among consumers. Pomegranate Juice Market: This type of drink is famous in the United States and is gradually expanding in Europe. Due to its unique production method, the cost of the pomegranate is high and the sale price is high. The big consumers are the middle class and the rich, where compared to men, women tend to like a pomegranate more. Growing health consciousness and other benefits of pomegranate such as nutrition values and sources are driving the global pomegranate market. On the other hand, increasing disposable incomes, evolving lifestyle and adaption of organic food culture are supporting the growth of the Global Pomegranate Juice Market. Global Pomegranate Juice Market is segmented into regions such as North America, Latin America, Europe, Middle East and Africa and Asia Pacific. World demand is good for Indian pomegranates, especially in the German and Dutch markets, where they are known for their quality. An Indian merchant attributes this to having the advantage over other producing countries when it comes to investing in production technology, with more experience. Demand is increased for Italian pomegranates which are driving the regional market. Also, Asia pacific is estimated to be fastest growing region with highest CAGR owing to factors like wide cultivation of pomegranates in countries like India and presence of major economies such as China and others. Fruit juice Market: Fruit juices nowadays have become a social drink which captures the attention of each individual of a society. The restrictions for other type of alcoholic drinks gave an ultimate way to the demand of fruit juices. In Indian market, the severe competition among the producers has encouraged them to go for innovative ways. The consumers are mostly lean towards the brands which come across them in the daily life while going through television, newspapers, and magazines, banners displayed in roads and from web sites. The juice market has turned into a competitive market as there are similar competitors in the market serving the same type of juice by different brand names. India fruit juice market is majorly driven by the factors such as rising health consciousness, as a result of which the consumers now prefer more organic beverages over carbonated drinks which are free from added sugar and artificial flavors and preservatives. Children centered fruit juice market is one of the high potential market, which is barely promoted by any producer of fruit juices. As a major market for fruit drinks, children fruit drink market majorly consists of protein drinks and milk beverages. Under the requirement of higher nutrient values, children fruit juices fascinate consumers with attractive packaging and designs, which ensures positive market prospects. The market for fruit juice is driven by several growth-inducing factors. The primary factor for the growth is the rising health concerns, as a result of which the consumers are now shifting from carbonated drinks to organic beverages which are free from added sugar, flavours and preservatives. This has increased the demand for fruit juice globally. Some of the other factors which have accelerated the demand for fruit juice are increasing disposable incomes, value addition, product innovation and growth in emerging markets. Global juice market is expected to witness significant growth during the forecast period from 2015 to 2021. Rising dietary and health concerns among consumers is one the key factors giving a push to the global fruit juice market. Owing to the high nutritional content and refreshing attributes of fruit juices, there has been a major shift in consumer preferences from carbonated drinks to the non-carbonates and natural beverages like fruit juices. Several other factors like population growth, rising disposable incomes, product innovations, premiumization and growing demand from emerging markets are also inducing the growth of the global market for fruit juices. Changes in lifestyles and awareness regarding the consumption of a healthy and balanced diet have steered the growth of the global juice market. As a result of the growing consumption of vegetable and fruit juice, the global market for juice is likely to witness strong growth over the forthcoming years. However, the growth of the global juice market is entirely dependent on the geographical distribution and availability of vegetables and fruits. In the beverage industry, juices constitute the most competitive segment. Regionally, the global juice market is segmented into Latin America, the Middle East and Africa, Europe, Asia Pacific, and North America. Manufacturers of juice are likely to gain lucrative growth opportunities from the growing consumption of orange juice in developed countries. The leading markets for juice in these regions are the U.S., Japan, and Europe. Fruit Processing Industry. Production of Mango & Pomegranate Juice. Start a Profitable Fruit Juice Business Fruit processing is a profitable business. Fruit processing enhances the shelf life of the fruits. In addition, value-added processed fruits fetch more profit than fresh fruits. The fruit processing industry caters a wide range of segments. It includes fresh, fresh-cut, canned, frozen, dried, and convenience products, as the method of processing is different for each of these segments. On the basis of operation type, you can adopt semi-automatic or fully automatic operation. The fruit processing industry is growing rapidly worldwide. However, major reasons are consumer demand for healthy and fresh products that are easily available and require minimal preparation time. And Asia Pacific region has the best potential of this industry. Mango Juice Mango is known as the king of the fruits. It grows mostly in tropical climates and has been a favourite among humans for over 4000 years. Mango and its juice, commonly known as “aam ras” contain many vital vitamins and minerals that are essential for a healthy human body. Mango is a very sweet fruit and hence one does not need to add sugar in it, and hence it makes it very beneficial for health. Mango juices are produced from mango fruits. Fruit generally has been defined as the ripened ovary of the flower, with or without other associated parts. It can be classified broadly into two, namely, juicy and pulpy fruits. Pomegranate Juice Pomegranate juice is made from the fruit of the pomegranate. It is used in cooking both as a fresh juice and as a concentrated syrup. Pomegranate juice contains more than 100 phytochemicals. The pomegranate fruit has been used for thousands of years as medicine. It is one of the few fruits whose juice is as beneficial as the fruit itself. This is because the peel contains the maximum amount of antioxidants which are released in abundance when the fruit is squeezed while juicing. It is currently ranked alongside blue berries and green tea for its nutritional benefits. Market Outlook Mango Fruit Juice Market: The global demand for tropical fruit juices has been increasing for the past few years. Sweet aromatic taste of mango is the major factor driving the growth of mango fruit juice market. Rising health concerns and amount of nutrition in fruit juices successfully influenced the growth of mango juice market. Europe is the major consumer of fruit juices which comprises more than 20% consumption of mango juice in Europe of which more than 50% consumed in United Kingdom. Countries in Asia, South America and Africa are the major producer of mango and major exporters to North America and Europe. Major producers are responsible for more than 90% domestic consumption. Mango beverages are one of the fastest growing fruit juice categories, which are outpacing the carbonated drinks in terms of volume growth. Mango Fruit juices are majorly known for its taste and acquire largest market in Asian countries such as China, India and Indonesia. Market players such coca cola and PepsiCo are continuously expending huge amount on advertisements and product line of mango juices in Asia. In 2016, carbonated drink market in Asia has grown by 27% in volume sales, but juice segment that have up to 25% fresh juice content has grown by 63% over the same period. Rising health awareness and growing popularity of tropical fruits are the major factors driving the growth of mango juice market. The industrial demand for tropical fruits and mangoes are growing quickly owing to response from consumer demand for indigenous and non-indigenous fruits. Global production of mango has grown significantly in recent years and surpassed 45 million tons of production in 2015. Growing disposable income and product innovation are some of the other factors which have significantly accelerated the sales of mango fruit juice. Demand for mango concentrates in North-America and Europe are growing significantly owing to rising demand for fruit juices and concentrates in western countries. However, rising logistic costs and being a tropical fruit, mango is quite a costly fruit in regions of Europe and North-America, which is expected to saturate the growth of mango juice in some markets. The global mango juice market is anticipated to reach USD 22.1 billion by the end of 2024, expanding at a compound annual growth rate of 4.1% over the forecast period i.e. 2016-2024. The global mango juice market accounted for over USD 16.0 billion in 2016 owing health awareness among consumers. Pomegranate Juice Market: This type of drink is famous in the United States and is gradually expanding in Europe. Due to its unique production method, the cost of the pomegranate is high and the sale price is high. The big consumers are the middle class and the rich, where compared to men, women tend to like a pomegranate more. Growing health consciousness and other benefits of pomegranate such as nutrition values and sources are driving the global pomegranate market. On the other hand, increasing disposable incomes, evolving lifestyle and adaption of organic food culture are supporting the growth of the Global Pomegranate Juice Market. Global Pomegranate Juice Market is segmented into regions such as North America, Latin America, Europe, Middle East and Africa and Asia Pacific. World demand is good for Indian pomegranates, especially in the German and Dutch markets, where they are known for their quality. An Indian merchant attributes this to having the advantage over other producing countries when it comes to investing in production technology, with more experience. Demand is increased for Italian pomegranates which are driving the regional market. Also, Asia pacific is estimated to be fastest growing region with highest CAGR owing to factors like wide cultivation of pomegranates in countries like India and presence of major economies such as China and others. Fruit juice Market: Fruit juices nowadays have become a social drink which captures the attention of each individual of a society. The restrictions for other type of alcoholic drinks gave an ultimate way to the demand of fruit juices. In Indian market, the severe competition among the producers has encouraged them to go for innovative ways. The consumers are mostly lean towards the brands which come across them in the daily life while going through television, newspapers, and magazines, banners displayed in roads and from web sites. The juice market has turned into a competitive market as there are similar competitors in the market serving the same type of juice by different brand names. India fruit juice market is majorly driven by the factors such as rising health consciousness, as a result of which the consumers now prefer more organic beverages over carbonated drinks which are free from added sugar and artificial flavors and preservatives. Children centered fruit juice market is one of the high potential market, which is barely promoted by any producer of fruit juices. As a major market for fruit drinks, children fruit drink market majorly consists of protein drinks and milk beverages. Under the requirement of higher nutrient values, children fruit juices fascinate consumers with attractive packaging and designs, which ensures positive market prospects. The market for fruit juice is driven by several growth-inducing factors. The primary factor for the growth is the rising health concerns, as a result of which the consumers are now shifting from carbonated drinks to organic beverages which are free from added sugar, flavours and preservatives. This has increased the demand for fruit juice globally. Some of the other factors which have accelerated the demand for fruit juice are increasing disposable incomes, value addition, product innovation and growth in emerging markets. Global juice market is expected to witness significant growth during the forecast period from 2015 to 2021. Rising dietary and health concerns among consumers is one the key factors giving a push to the global fruit juice market. Owing to the high nutritional content and refreshing attributes of fruit juices, there has been a major shift in consumer preferences from carbonated drinks to the non-carbonates and natural beverages like fruit juices. Several other factors like population growth, rising disposable incomes, product innovations, premiumization and growing demand from emerging markets are also inducing the growth of the global market for fruit juices. Changes in lifestyles and awareness regarding the consumption of a healthy and balanced diet have steered the growth of the global juice market. As a result of the growing consumption of vegetable and fruit juice, the global market for juice is likely to witness strong growth over the forthcoming years. However, the growth of the global juice market is entirely dependent on the geographical distribution and availability of vegetables and fruits. In the beverage industry, juices constitute the most competitive segment. Regionally, the global juice market is segmented into Latin America, the Middle East and Africa, Europe, Asia Pacific, and North America. Manufacturers of juice are likely to gain lucrative growth opportunities from the growing consumption of orange juice in developed countries. The leading markets for juice in these regions are the U.S., Japan, and Europe. Tags #Fruit_Processing, #Fruit_Processing_Industry, #Processing_of_Fruits, #Fruit_and_Fruit_Juice_Processing, Fruit Processing Plant, Fruit Processing Unit, Fruits and Fruit Processing, Industrial Fruit Processing, Fruit Processing Factory, Small-Scale Fruit Processing, Fruit Processing Industry in India and Its Opportunities, Indian Fruit Processing Industry, How to Start Fruits Processing Industry, How to Start a Fresh Juice Business, How to Start a Fruit Juice Business in India, Starting a Fruit Juice Business, Fruit Juice Production, How to Start a Fruit Juice Processing Plant, Juice Business Opportunities, Juice Business Plan Pdf, Fruit Juice Processing Business Plan in India, Start Commercial Production of Fresh Juice, Project on Mango Juice Industry, How to Start a Mango Juice Business, Mango Juice, #Mango_Juice_Production_Process, Mango Processing Plant, Commercial Processing of Mangoes, Mango Juice Processing Pdf, Mango Juice Processing Plant, Mango Processing Flow Chart, Mango Pulp Processing Unit Cost, Mango Juice Processing Flow Chart, Mango Processing Plant Layout, Mango Juice Manufacturing Process, Mango Juice Making Business, Production of Mango Juice, Pomegranate Processing, Setting up a Pomegranate Juice Production Unit, Pomegranate Juice Processing, #Production_of_Pomegranate_Juice, Pomegranate Juice Processing Plant, Pomegranate Processing Project Report, Pomegranate Juice Manufacture, #Project_Report_on_Fruit_Processing_Plant_Industry, Detailed Project Report on Fruit Juice Production, Project Report on Mango Juice Processing Industry, Pre-Investment Feasibility Study on Fruit Juice Production, #Techno_Economic_feasibility_study_on_Pomegranate_Juice_Processing_Plant, #Feasibility_report_on_Pomegranate_Juice_Processing_Plant, Free Project Profile on Fruit Processing Plant, #Project_profile_on_Pomegranate_Juice_Processing_Plant, Download free project profile on Mango Juice Processing Business
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Abrasive Cloth Rolls (Abrasive Emery Cloth)

Emery cloth is a type of coated abrasive that has emery glued to a cloth backing. It is used for hand metalworking. It may be sold in sheets or in narrow rolls, typically 25 or 50 mm wide, often described as "emery tape". The cloth backing makes emery cloth stronger in tension than sandpaper, but still allows a sheet to be conveniently torn to size. Abrasive cloth is generally used in shoe industry, painting workshops, furniture and leather industry, metal, wood, glass and automotive industries. Abrasive cloth (Emery cloth) is originally restricted to finishing applications such as polishing or preparing surfaces for painting or plating. Abrasive cloth /emery cloth as a polishing, cleaning, shaping, smoothing and finishing material is mainly used in the metal, wood, glass and the like. The demand for the product is currently met through import. The major suppliers of abrasive/emery cloth to the Ethiopian market are China, Germany, United Arab Emirates, and Britain among others. Demand for abrasive cloth/emery cloth will increase with the development of the manufacturing sector mainly the wood and metal sub sectors.
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Return: 1.00%Break even: N/A
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Bamboo Toothpicks

Bamboo toothpicks are widely used in many Asian countries, especially in China where there are a large number of small-scale toothpick production units. Bamboos are renewable, can be harvested annually and are an ideal source of softwood for light uses such as toothpicks. Though the demand for the product is always high as it is used daily in homes and the entire hospitality industry, toothpick production is one of the most commonly overlooked business but very profitable and has big potential for job creation and growth. The raw materials (bamboos) for making toothpicks are locally available meaning there is reduced cost of production and an assurance of regular raw material supply, steady productivity, enhanced production capacity and profitability. The demand for toothpick has been growing over the years, marked by the growing demand for fast food products. This is shown by the growth and remarkable performance of fast food restaurants in the local market.
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Milk Chilling & Packaging Plant, Milk Processing Plant (Milk Chilling and Milk Packaging)

Milk is the most valuable protein food that widely consumed by people all over the world. The milk plants include the fluid milk production, cheese production, yogurt production, ice cream production to make the huge variety of milk products like cheese, butter, cream, skimmed milk, yogurt, toned milk or double toned milk and much more. The milk processing industry in India will rise at an overall compound annual growth rate (CAGR) of 20.5%, and will be worth USD 53.17 billion by 2020. Increasing urbanization, rising incomes, and the proliferation of food and grocery retail outlets across tier 2 and tier 3 cities has led to an increasing accessibility and demand for processed milk products in India. However, the Indian milk processing industry is yet to achieve its full potential due to challenges such as gaps in the supply chain, insufficient cold storage and distribution facilities, and lack of quality feed. The U.S. market by was valued at USD 792.0 million in 2016 and is predicted to grow at a CAGR of 6.1% from 2017 to 2025. The U.S. dairy industry has experienced some major change over the past few years as the consumption of processed milk products is increasing significantly and production of the same is declining. Moreover, reduction in cow number and increasing per capita consumption of milk are some of the major challenges witnesses by the country. The milk packaging market is expected to register a CAGR of 2.77 % during the forecast period (2018-2023). The rise in production of milk across the globe is expected to have a positive impact on the market growth over the forecast period. Furthermore, the correct choice of packaging material in accordance with the weather conditions helps in ascending shelf life of the product which is likely to boost the utilization. Apart from providing safety and hygiene of products, it enables differentiation of products of two distinct companies or competitors. Moreover, increase in demand for single serve milk packs is estimated to fuel the growth of the global milk packaging market during the forecast period. In addition, several health & nutritional benefits associated with the use of packaging materials have fueled the demand for milk in the recent years, which is expected to drive the global market during the forecast period. The global milk packaging market is segmented based on packaging type, material, and geography. On the basis of packaging type, it is categorized into cups, cans, bottles, pouches, and others. Based on material, it is classified into glass, plastic, metal, paperboard, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Cloth Surgical Adhesive Tape

Cloth Adhesive Surgical Tape provides secure durable skin adhesion. Designed with strong, lightweight construction. Tears easily without shredding. This Premium Cloth Tape is a good quality durable tape that can be ripped in both directions. Surgical tape or medical tape is a type of pressure-sensitive adhesive tape used in medicine and first aid to hold a bandage or other dressing onto a wound. These tapes usually have a hypoallergenic adhesive which is designed to hold firmly onto skin, dressing materials, and underlying layers of tape, but to remove easily without damaging the skin. They allow air to reach the skin ("breathable"). Some breathable tapes such as Kinesiology Tape, and other elastic bandages with adhesive are made of cotton. Surgical tape is often white because it contains zinc oxide, which is added to help prevent infections. Adhesive Tapes Market was valued at USD 48.56 Billion in 2016 and is projected to reach USD 69.42 Billion by 2022, at a CAGR of 6.26% during the forecast period. In this study, 2016 has been considered as the base year, and the forecast period is between 2017 and 2022. The adhesives tapes market has been segmented on the basis of resin type, backing substrate, technology, category, application, and region. Based on resin type, the adhesives tapes market has been classified into acrylic, rubber, silicone, and others. Silicone-based adhesive tapes maintain adhesion over a large temperature range and possess the ability to adhere to difficult surfaces. The overall adhesive strength of silicone-based adhesive tapes is lower than that of other adhesive tapes.
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Caustic Soda Flakes from Sea Water

Caustic soda flakes (technical sodium hydroxide flakes) – flake mass of white color, very hygroscopic, very soluble in water and alcohol. The formula is NaOH. Technical sodium hydroxide flakes are obtained by evaporating of liquid caustic soda ? grade. Caustic Soda Flakes is a flexible fundamental synthetic with an extensive variety of mechanical applications. It is exceedingly insolvable is water and is for all the insoluble in most natural solvents with exception of alcohols. Caustic Soda Flakes is available in the form of lye (solution in water), as strong and as pieces. Caustic Soda Flakes is an inorganic concoction compound having a place with the gathering of the most grounded alkalies, it is profoundly hygroscopic and solvent in water and alcohols. The global caustic soda market was valued at 78,833.08 kilotons in 2017 and is expected to grow at a CAGR of approximately 5.15% during the forecast period (2018 - 2023). The market is mainly driven by the growing demand from the chemicals industry, the rising demand for alumina in the automotive industry, and the increasing demand for paper and paperboards. On the flipside, energy-intensive production process is expected to hinder market growth. The global caustic soda market is segmented as the type, application and region. On the basis of type, caustic soda market is segmented as lye, flake and others. On the basis of application, market is segmented as inorganic chemical, organic chemical, alumina, soap & detergents, pulp & paper, water treatment, textiles, dye & ink and others. Based on the region, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
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Naphthalene from Coal Tar & Petroleum Waste

Naphthalene is an organic compound with formula C10H8. It is the simplest polycyclic aromatic hydrocarbon, and is a white crystalline solid with a characteristic odor that is detectable at concentrations as low as 0.08 ppm by mass. As an aromatic hydrocarbon, naphthalene's structure consists of a fused pair of benzene rings. It is best known as the main ingredient of traditional mothballs. Naphthalene is the most abundant single constituent of coal tar, a volatile product from the destructive distillation of coal, and is also formed in modern processes for the high-temperature cracking (breaking up of large molecules) of petroleum. It is commercially produced by crystallization from the intermediate fraction of condensed coal tar and from the heavier fraction of cracked petroleum. The substance crystallizes in lustrous white plates, melting at 80.1°C (176.2°F) and boiling at 218°C (424°F). It is almost insoluble in water. Naphthalene is highly volatile and has a characteristic odour; it has been used as moth repellent. Naphthalene is a class of an organic compound with chemical formula C10H8. It is considered as the simplest polycyclic aromatic hydrocarbon, and is a white solid chemical that sublimes easily. Naphthalene is manufactured commercially from either coal tar or petroleum; majorly it is produced from coal tar across the globe. Naphthalene is used in the manufacturing of phthalic anhydride and also used in mothballs. Additionally, it is used as surfactant & wetting agent, plasticizer, and pesticide in numerous end use industries such as building & construction, agriculture, household cleaning, textile and others. The global naphthalene market is categorized into five regions, Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. The Asia Pacific region is predicted to grow with the fastest CAGR during the review period, (2016 to 2023) on account of expansion of numerous end use industries such as building & construction and agriculture among others.
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