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Food processing business opportunities

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There are enormous agribusiness opportunities for startups due to new consumer trends, exports business and business models; this session will provide for an overview of four such opportunities.

There are enormous agribusiness opportunities for startups due to new consumer trends, exports business and business models; this session will provide for an overview of four such opportunities.

Published in: Technology, Business

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  • Hi Praveen Garu ,this is chakradhar. Actually I am in to Software by my qualification but basically from a Agriculture family .

    In the below article I could see many Oppurtunities in Food Processing . Many times I wonders in which direction our country is leading . We have nutrition rich Millets( Ragulu -- Chollu). In olden days in villages people used to consume this as Raagi java ( Ambali in rural language ) . now no one is consuming in villages but we can see many educated wants to consume Raagi Java.

    we can see Raagi buscuits from Britannia and from some other companies but are costly.

    My openion is to prepare Raagi Buscuits and shlould see that they should be consumed by childen , ladies and every one . and it sholud be prepared in villages as cottages .

    Can you please guide me how can i get help from govt. already I went to agriculture and met with losses due to some reasons.

    Can I get any help from ICRISAT? Please help and guide me .

    pl mail to cchakradhar@yahoo.com

    Thanking you
    Chakradhar
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  • 1. Indian Food Industry andNew Entrepreneurial Opportunities Dr Saikat Datta Mazumdar, Chief Operating Officer (COO), NutriPlus Knowledge Program, Agribusiness and innovation Platform (AIP), ICRISAT 2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 2. Indian Food Industry • Multinationals • National • Small scale (SSE) • Medium scale (MSE) • Unorganised sector (UOS)2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 3. Indian Food Industry MSI Large Public Sector UOS companies Multinationals National Large Pvt. Sector companies SSI Entrepreneurial opportunity2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 4. Socio-economic changes in India Nuclear Families Purchasing power Health consciousness Rural migration2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 5. Entrepreneurship and Rural India2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 6. Entrepreneurship and Rural IndiaPURA complex:• Promote horticulture and floriculture products• Collaboration with nearby agricultural universities and R&D institutions• There will be agro-processing industries in each PURA complex• Additional non-farming revenue: Creation of dairy and fish farms in each PURA complex• Provision of employment to all employable people of the village through additional jobs in dairy, agro-processing, construction, handicraft and tourism enterprises• Aim: Poverty line should come down to zero in six years. 2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 7. Entrepreneurship and Rural India “Of course to achieve the above performance, a dynamic, empowered PURA management board structure is very vital. This has to be evolved with the active participation of State Governments, district authorities, societal transformers, educational institutions, small scale industries or an enterprise in association with the Panchayat. Finally, it will be managed as a viable and sustainable business proposition through the local entrepreneurship” Dr. APJ Abdul Kalam www.abdulkalam.com2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 8. Inclusive Market Oriented Development (IMOD)2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 9. Entrepreneurial opportunities in Food Processing Fruits and Vegetables: • Presently consumers spending on unprocessed fruits and vegetables • Supply chain losses 10-25% Entrepreneurial Opportunities: • Establish enterprises that provide alternative products • Supply chain (Cold storage, Chilled/frozen carrier etc.) • Organic2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 10. Entrepreneurial opportunities in Food Processing Cereals: • Secondary processed products • Wheat flour and rice dominate • Dominated by unorganized and unbranded players • Demand for cereal based tertiary products Opportunities: • Establish enterprises focused on tertiary value-added products • Ethnic snacks, Health foods, Infant foods • Organic • Alternative cereals: Sorghum, millet2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 11. Entrepreneurial opportunities in Food Processing Beverages: • A mature tertiary product market • Demand for healthy beverages Opportunities: • Opportunities for enterprises to manufacture healthy beverages • Opportunities in enterprises for growing and processing of herbs, health ingredients etc. • Organic • New opportunities: Sweet sorghum syrup enterprise (ICRISAT, NutriPlus)2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 12. Entrepreneurial opportunities in Food Processing Milk and milk products: • Main consumption in original form • Addresses the aspiration of healthy lifestyle Opportunities: • Opportunities for enterprises at village level (bulk coolers) to be sourcing point for big players • Opportunities in enterprises for value added health products (probiotics) • Enterprises supporting the dairy based health product industry e.g. cultures and prebiotics • Organic • New opportunities: Quality fodder and feed for the animals2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 13. Entrepreneurial opportunities in Food ProcessingOilseeds: • Processed products (edible oil filtered/refined) • Trend towards marketing of healthy oils (blending) • Deficit in production (import of PKO)Opportunities: • Opportunities for enterprises to involve in cultivation of oil seeds • Efficient farm level extraction units (screw press) • Enterprises based on byproducts e.g. de-oiled cake for animal feed and as manure • Entrepreneurship in the area of functional (healthy) oils: Production and marketing Organic • New opportunities: Promote high yielding/processing varieties by linking research to entrepreneurs 2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 14. Entrepreneurial opportunities in Food ProcessingOther opportunities:• Consultancy:  Food research (Food scientists as entrepreneurs)  Market research and training  Private food laboratories  Legal• Services sector:  Ingredient supplier (e.g. neutraceutical etc.)  Food machinery (indigenous manufacture of quality food  machinery)  Value-chain (Infrastructure/logistics, retailing etc.) 2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 15. Skill needs of the Indian Food IndustryEntrepreneurs need to provide quality productsTechnical skills:• Basic food science knowledge• Product development• Production• Quality management skills : ISO, HACCP• Understanding of the national and International Food Laws (FSSA, Codex etc.) 2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 16. Skill needs of the Indian Food IndustryEntrepreneurs need to survive in the marketBusiness and marketing skills:• Communication skills• Business plan• Market research 2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 17. The Message!•Focus needs to be on local and market orientedentrepreneurship development•New avenues of entrepreneurship needs to be the focus ofEntrepreneurial Development Programs (EDPs) in foodprocessing•Focus on new skill development in EDPs•Ultimate aim “Empowerment through Entrepreneurship”•IMOD: guiding principle to ensure food and nutritional securityfor promoting the cause of the small-holder farmers 2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 18. ICRISAT’s NutriPlus Knowledge Program (NPK)• NPK works closely with the Agri-business incubator (ABI) in order to provide training, technology support for product and packaging development, labelling and regulatory support, and innovative post harvest processing solutions• Entrepreneur development workshops, quality control and quality assurance training programmes, street food safety awareness programmes, conferences and symposiums2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 19. Technical and regulatory services and consultancyNPK provides:• technical and regulatory services and consultancy in the area of food product development• R&D consultancy (new process, product and packaging solutions), quality control and quality assurance services (raw material and finished product analysis) and food regulatory consultancy (Regulatory clearances for new products.• Facilitate registration of new ingredients as GRAS. USFDA, EU, CODEX etc. and Regulatory support requirements to exporters, stake-holders in the food industry 2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 20. New product concepts….. Flavored Ready-to-serve (RTS) Beverage from Sweet Sorghum Syrup• Refreshing flavored beverage formulated from sweet-sorghum syrup• Method developed for production of food grade sweet- sorghum syrup 2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 21. New product concepts….. Other products form sweet sorghum syrup2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 22. On World Heart Day, ICRISAT comes up with healthy snack foods• Healthier and safer nutritious snacks made of sorghum and millet for the fast food consumers• These cereals have higher nutrition value than rice and wheat besides being rich in dietary fibre, a quality that makes them diabetic friendly 2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 23. “Global Symposium on Ready-to-Eat (RTE) Foods:An initiative of NutriPlus in partnership with ASSOCOM tocreate “Opportunities for R&D, Entrepreneurship and Markets”with a promise of better, healthier and safer convenience food forthe consumers through R&D and more market opportunities andenhanced entrepreneurship within the food industry. 2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 24. Capacity Building: Sweet sorghum syrup workshop at ICRISAT Entrepreneur development workshop (EDW) was conducted for 25 prospective entrepreneurs from Andhra Pradesh and Maharashtra. The workshop focused on Establishing and managing a commercial Sweet Sorghum Syrup enterprise for Food ApplicationsParticpants of the entrepreneur development workshop 2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 25. FACILITIES AT NutriPlus• Product development laboratory with capability for formulation development and shelf life studies• Analytical laboratory• Sensory science laboratory• Food safety laboratory2/23/2012 NIABI 2012, 6-8 February 2012, New Delhi
  • 26. Thank You!