Search
 

Potato Products

Potato Products. Potato Balls, Nuggets and French Fries Manufacturing Business. Profitable Business Ideas in Potato Processing Industry

 

Potato balls are a trendy dish liked by most of the kids. This classic dish is prepared by boiling the potatoes, mashed and mixed with chopped green onions, grated carrot, spiced with fresh ground black pepper, mayonnaise and yoghurt; made into small balls and deep fried until crispy and crunchy. Taste best with any sauce or chutney.

Potatoes are considered as comfort food which is liked by most of the people either it is boiled, baked or fried. It is an important food staple and number one vegetable crop in the world. Potatoes are available year-round as they are harvested somewhere every month of the year.

Potato balls are easy to prepare and is a great addition for breakfast, brunch or tea time and can also be easily carried in lunch packs or served for small parties. Potato balls are yummy deep fried mashed potato balls which can also have a stuffing of mozzarella cheese in the center. This of course would not be a regular item and is good for an occasional treat or a party appetizer as potato is a rich carbohydrate source. Potatoes provide the body with an essential source of fuel and energy.

Most of the appetizers and snacks from the Indian cuisine are made with a very modern addition to the Indian meal to suit the taste of the people. The essence of Indian cuisine mainly lies in the aroma of spices that are blended together and added to enhance the flavor and nutrition of each dish. There are a variety of Indian snacks that are popularly made with potatoes and are favorite to many which includes the aloo tikki, Alu Vadi, Potato Cutlets, Aloo Bhonda, Aloo Noodle Cutlet etc.

Potato nuggets is very tasty dish that can be prepared quickly and is very much liked by kids. It is the mixture of potato and bread crumb. It can be given in lunchbox for kids. It is very crispy potato nuggets recipe. Potato nuggets is very easy to make at home in few minutes. Potato nuggets is a tasty breakfast of morning and mostly loved by kids.

French fries are among the highest saleable potato products. This is the most abundant processed potato and can be found in many varieties such as lattice cut, wedges, curly, batter dipped, seasoned, or straight –cut including French Fries on menu is one of the easiest ways to increase sales and profits for the companies.

Potato Processing Market

Global Potato Processing market is expected to grow from $19.74 billion in 2016 to reach $32.45 billion by 2023 with a CAGR of 7.3%.

Rapid urbanization, progress in the standard of living, easy availability, consumer preferences for convenience foods and favorable packaging are the major factors propelling the market growth. In addition factors such as soaring demand for applications such as snack foods and prepared ready meals, increase in the number of retail channels such as hypermarkets and supermarkets and rapid growth of the fast food industry are driving the market growth.

However, high costs incurred for storage and transportation and health issues associated with the consumption of processed potatoes such as obesity and diabetes are the factors hindering the market growth.

The potato processing industry is a booming which is undergoing a progression period due to the growing global demands for vegetarian food products, a growth of processed food industry, and consumer demand for higher quality and sustainability. The processed food industries market is valued at more than the US $2.2 trillion dollars globally and consist of more 420,000 businesses.

Potato processing market by type is segmented into Frozen, dehydrated, chips and snack pellets, and others which include flour, canned potato, potato granules and starch. Consumption of frozen potato products like French fries is increasing due to the increasing number of fast food chains and restaurants. Most important advantage of frozen potatoes is its prolonged shelf life and comparatively less time required for cooking. Rapidly increasing number of Quick Service Restaurants in the developing countries is expected to increase the demand for frozen products in the forecast period. Chips and snack pellets are the second largest segment due to increasing popularity of chips and ease of access.

Increasing number of consumers aligning towards ready to cook and ready to eat food products such as French fries and other potato based snacks items in all classes of people is boosting the market for potato flakes and powder. Rapidly changing trends, increasing millennial population and people looking for more suitable snacking and choice of food with less indulgence are expected to drive the potato processing market growth.

The global market for potato processing is anticipated to vary due to its high dependency on a steady supply of potato varieties at a reasonable value for continuous processes. Concerns related to health associated with the consumption of processed potatoes such as diabetes and obesity, along with high costs incurred for storage and transportation can pose as a restraint for the market growth.

Based on application, the market is segmented into snacks, ready-to-cook & prepared meals, and others (food additives in soups, gravies, bakery, and desserts). The consumption of processed potato products in ready-to-cook & prepared meals application is estimated to account for the largest market share in 2017. Processed potato products used in ready-to-cook & prepared meals is a booming market due to the increase in consumer preference for convenience food products, busy work schedules, and on-the-go consumption habits.

Apart from ready-to-cook & prepared meals, processed potato products also find applications in the snacks segment, such as potato-based snacks with low carbs, low salt, air-dried, baked products with a number of flavors, which also drives the demand for potato processing market.

Some of the key players in the Potato Processing market are Intersnack Group GmbH & Co. Kg, The Kraft Heinz Company, Idahoan Foods LLC, Aviko B.V., Leng-D’or, The Little Potato Company Ltd, Limagrain Céréales Ingrédients, Agrana Beteiligungs-AG, Farm Frites International B.V., Mccain Foods Limited, Agristo NV, J.R. Short Milling Company, Lamb Weston Holdings, Inc and J.R. Simplot Company.

Processed Potatoes Market

The global processed potatoes market to grow at a CAGR of 4.88% during the period 2017-2021. The latest trend gaining momentum in the market is growing focus on expanding production capabilities for potato processing. To cater to the growing global demand for processed potato products, manufacturers are focusing on expanding their production capabilities. They are finding tremendous growth opportunity in all global markets owing to the rising consumer preference for on-the-go snack products. The increase in production capacity ensures that they are well-positioned to cater to customers' growing needs across markets.

Changes in consumer lifestyle, increase in disposable income, and growth in demand for convenient and easy-to-prepare food have led to higher consumption of packaged processed potato products. To cater to this higher demand, manufacturers are expanding their production facilities, which will lead to an increase in the overall growth and revenue of the global packaged processed potato products market.

The sector has witnessed steady growth globally in recent years with the mushrooming of convenient stores, specialty stores, hypermarkets, and supermarkets. Supermarkets and hypermarkets form one of the most popular distribution channels of packaged products, including packaged processed potato products. Discounted prices, attractive shelf displays, and pleasant shopping experiences are some of the factors that attract consumers to supermarkets and hypermarkets. Growing internet use globally has also given a boost to online retailing, which is boosting the growth of the global packaged processed potato products market.

Indian Frozen Potato Products Market

Potato is one of the most produced and consumed crops in India and forms an important part of the regular diet. It is consumed in the form of different snack foods as well as elaborate dishes. Some of the most popular potato snacks include wedges, fries, patties, etc. In recent years, the demand for frozen potato products in India has increased on account of their introduction by various national and multinational companies.

Additionally, frozen potato products have rapidly gained prominence in the country as they are convenient to cook and come in a large variety of flavours and shapes.

The biggest factor catalysing the growth of the frozen potato products market is the expansion of fast food service restaurants, such as Subway, McDonald’s, Burger King, KFC, etc., in the country. Moreover, introduction of new product variants with different flavours have attracted a larger consumer-base for frozen potato products, in turn, boosting the growth of the market. Busy lifestyles, inflating income levels and high purchasing power of the consumers in the region have further created a shift towards easy-to-cook food products, thereby maintaining the growth prospects of the market. Looking forward, the market value is projected to reach US$ around 1,631 Million by 2024, expanding at a CAGR of 12.5% during 2019-2024.

In recent years, the demand for frozen potato products in India has increased on account of their introduction by various national and multinational companies. Additionally, frozen potato products have rapidly gained prominence in the country as they are convenient to cook and come in a large variety of flavours and shapes.

In recent years, the demand for frozen potato products in India has increased on account of their introduction by various national and multinational companies. Additionally, frozen potato products have rapidly gained prominence in the country as they are convenient to cook and come in a large variety of flavours and shapes.

 

See more

https://bit.ly/2MKGJCX

https://bit.ly/2YzwNSY

https://bit.ly/2YhKDdc

 

Contact us:

Niir Project Consultancy Services

An ISO 9001:2015 Company

106-E, Kamla Nagar, Opp. Spark Mall,

New Delhi-110007, India.

Email: npcs.ei@gmail.com  , info@entrepreneurindia.co

Tel: +91-11-23843955, 23845654, 23845886, 8800733955

Mobile: +91-9811043595

Website: www.entrepreneurindia.co  , www.niir.org

 

Tags

#Potato_Products, Potato Ball Manufacture, #Potato_Ball_Production, Potato Ball Making Business, Potato Balls Manufacturing Business, Potato Business Plan, How to Make Potato Balls, Commercial Potato Ball Making Business, Projects on Potato Processing, #Potato_Based_Products, #Manufacture_of_Potato_Nuggets, Nuggets Manufacture, How to Make Potato Nuggets, Frozen Potato French Fries, #Potato_French_Fries_Manufacturing_Plant, #French_Fry_Making_Business, French Fries Production, French Fries Business, French Fries Processing, Small Scale French Fries Production, #Potaato_Processing, Potato Products Manufacture, Potato Processing Industry, Processed Potato Products, Processed Potato Products and Processing, #Processed_Potatoes, Fresh and Processed Potatoes, Potatoes and Potato Products, Potato and Potato Products, Potato Processing Industry in India, Potato Production in India, Potato Processing Sector, Potato Processing Plant, #Potato_Processing_Plant_Cost, Potato Processing Profitable Potato Processing Business Ideas, Most Profitable Food Processing Business Ideas, Food Processing Industry, Potato Products (Potato Balls, Nuggets and French Fries), #Profitable_Food_Processing_Business_in_India, Starting a Food Processing Business, Small Scale Food Processing Industry, Food Processing Project Report, Agro Based Food Processing Industry, Projects for Small Scale Food Processing Industry, Agro and Food Processing, Food Processing Business, Food Manufacturing Industry, Project Report on Food Processing & Agro Based, Projects on Food Processing, Agricultural Business Plan, Most Profitable Agriculture Business Ideas, Setting up of Food Processing Units, How to Start a Food Production Business, Food Processing Projects, Food Processing & Agro Based Profitable Projects, Most Profitable Food Processing Business Ideas, Food Processing Industry in India, How to Start Food Processing Industry in India, Detailed Project Report on Potato Products (Potato Balls, Nuggets and French Fries), Project Report on Potato Products (Potato Balls, Nuggets and French Fries), Pre-Investment Feasibility Study on Potato Products (Potato Balls, Nuggets and French Fries), Techno-Economic feasibility study on Potato Products (Potato Balls, Nuggets and French Fries), Feasibility report on Potato Products (Potato Balls, Nuggets and French Fries), Free Project Profile on Potato Products (Potato Balls, Nuggets and French Fries), Project profile on Potato Products (Potato Balls, Nuggets and French Fries), Download free project profile on Potato Products (Potato Balls, Nuggets and French Fries)

 

ABOUT NPCS

 

NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report,  Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Section of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

Our Detailed Project report aims at providing all the critical data required by any entrepreneur vying to venture into Project. While expanding a current business or while venturing into new business, entrepreneurs are often faced with the dilemma of zeroing in on a suitable product/line.

 


And before diversifying/venturing into any product, wish to study the following aspects of the identified product:


• Good Present/Future Demand
• Export-Import Market Potential
• Raw Material & Manpower Availability
• Project Costs and Payback Period


We at NPCS, through our reliable expertise in the project consultancy and market research field, Provides exhaustive information about the project, which satisfies all the above mentioned requirements and has high growth potential in the markets. And through our report we aim to help you make sound and informed business decision.

 

The report contains all the data which will help an entrepreneur find answers to questions like:

• Why I should invest in this project?
• What will drive the growth of the product?
• What are the costs involved?
• What will be the market potential?


The report first focuses on enhancing the basic knowledge of the entrepreneur about the main product, by elucidating details like product definition, its uses and applications, industry segmentation as well as an overall overview of the industry sector in India. The report then helps an entrepreneur identify the target customer group of its product. It further helps in making sound investment decision by listing and then elaborating on factors that will contribute to the growth of product consumption in India and also talks about the foreign trade of the product along with the list of top importing and top exporting countries. Report includes graphical representation and forecasts of key data discussed in the above mentioned segment. It further explicates the growth potential of the product.

The report includes other market data like key players in the Industry segment along with their contact information and recent developments. It includes crucial information like raw material requirements, list of machinery and manufacturing process for the plant. Core project financials like plant capacity, costs involved in setting up of project, working capital requirements, projected revenue and profit are further listed in the report.


Reasons for buying the report:

• This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, demand of the product and reasons for investing in the product.

• This report provides vital information on the product like its definition, characteristics and segmentation.

• This report helps you market and place the product correctly by identifying the target customer group of the product.

• This report helps you understand the viability of the project by disclosing details like raw materials required, manufacturing process, project costs and snapshot of other project financials.

• The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decision.

 

Our Approach:


• Our research reports broadly cover Indian markets, present analysis, outlook and forecast.

• The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players. 

• We use reliable sources of information and databases.  And information from such sources is processed by us and included in the report.

 

Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:

 

 

Ø  Introduction

·         Project Introduction

·         Project Objective and Strategy

·         Concise History of the Product

·         Properties

·         BIS (Bureau of Indian Standards) Provision & Specification

·         Uses & Applications

 

Ø  Market Study and Assessment

·         Current Indian Market Scenario

·         Present Market Demand and Supply

·         Estimated Future Market Demand and Forecast

·         Statistics of Import & Export

·         Names & Addresses of Existing Units (Present Players)

·         Market Opportunity

 

Ø  Raw Material

·         List of Raw Materials

·         Properties of Raw Materials

·         Prescribed Quality of Raw Materials

·         List of Suppliers and Manufacturers

 

Ø  Personnel (Manpower) Requirements

·         Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel

 

Ø  Plant and Machinery

·         List of Plant & Machinery

·         Miscellaneous Items

·         Appliances & Equipments

·         Laboratory Equipments & Accessories

·         Electrification

·         Electric Load & Water

·         Maintenance Cost

·         Sources of Plant & Machinery (Suppliers and Manufacturers)

 

Ø  Manufacturing Process and Formulations

·         Detailed Process of Manufacture with Formulation

·         Packaging Required

·         Process Flow Sheet Diagram

 

Ø  Infrastructure and Utilities

·         Project Location

·         Requirement of Land Area

·         Rates of the Land

·         Built Up Area

·         Construction Schedule

·         Plant Layout and Requirement of Utilities

 

Project at a Glance

Along with financial details as under:

 

  •     Assumptions for Profitability workings

  •    Plant Economics

  •    Production Schedule

  •    Land & Building

            Factory Land & Building

            Site Development Expenses

  •    Plant & Machinery

             Indigenous Machineries

            Other Machineries (Miscellaneous, Laboratory etc.)

  •    Other Fixed Assets

            Furniture & Fixtures

            Pre-operative and Preliminary Expenses

            Technical Knowhow

            Provision of Contingencies

  •   Working Capital Requirement Per Month

             Raw Material

            Packing Material

            Lab & ETP Chemical Cost

           Consumable Store

  •   Overheads Required Per Month And Per Annum

         Utilities & Overheads (Power, Water and Fuel Expenses etc.)

             Royalty and Other Charges

            Selling and Distribution Expenses

  •    Salary and Wages

  •    Turnover Per Annum

  •   Share Capital

            Equity Capital

            Preference Share Capital

 

  •    Annexure 1:: Cost of Project and Means of Finance

  •    Annexure 2::  Profitability and Net Cash Accruals

                Revenue/Income/Realisation

                Expenses/Cost of Products/Services/Items

                Gross Profit

                Financial Charges     

                Total Cost of Sales

                Net Profit After Taxes

                Net Cash Accruals

  •   Annexure 3 :: Assessment of Working Capital requirements

                Current Assets

                Gross Working. Capital

                Current Liabilities

                Net Working Capital

                Working Note for Calculation of Work-in-process

  •    Annexure 4 :: Sources and Disposition of Funds

  •    Annexure 5 :: Projected Balance Sheets

                ROI (Average of Fixed Assets)

                RONW (Average of Share Capital)

                ROI (Average of Total Assets)

  •    Annexure 6 :: Profitability ratios

                D.S.C.R

                Earnings Per Share (EPS)

               

             Debt Equity Ratio

   •     Annexure 7   :: Break-Even Analysis

                Variable Cost & Expenses

                Semi-Var./Semi-Fixed Exp.

                Profit Volume Ratio (PVR)

                Fixed Expenses / Cost 

                B.E.P

  •   Annexure 8 to 11:: Sensitivity Analysis-Price/Volume

            Resultant N.P.B.T

            Resultant D.S.C.R

   Resultant PV Ratio

   Resultant DER

  Resultant ROI

          Resultant BEP

  •    Annexure 12 :: Shareholding Pattern and Stake Status

        Equity Capital

        Preference Share Capital

  •   Annexure 13 :: Quantitative Details-Output/Sales/Stocks

        Determined Capacity P.A of Products/Services

        Achievable Efficiency/Yield % of Products/Services/Items 

        Net Usable Load/Capacity of Products/Services/Items   

       Expected Sales/ Revenue/ Income of Products/ Services/ Items   

  •    Annexure 14 :: Product wise domestic Sales Realisation

  •    Annexure 15 :: Total Raw Material Cost

  •    Annexure 16 :: Raw Material Cost per unit

  •    Annexure 17 :: Total Lab & ETP Chemical Cost

  •    Annexure 18  :: Consumables, Store etc.,

  •    Annexure 19  :: Packing Material Cost

  •    Annexure 20  :: Packing Material Cost Per Unit

  •    Annexure 21 :: Employees Expenses

  •    Annexure 22 :: Fuel Expenses

  •    Annexure 23 :: Power/Electricity Expenses

  •    Annexure 24 :: Royalty & Other Charges

  •    Annexure 25 :: Repairs & Maintenance Exp.

  •    Annexure 26 :: Other Mfg. Expenses

  •    Annexure 27 :: Administration Expenses

  •    Annexure 28 :: Selling Expenses

  •    Annexure 29 :: Depreciation Charges – as per Books (Total)

  •   Annexure 30   :: Depreciation Charges – as per Books (P & M)

  •   Annexure 31   :: Depreciation Charges - As per IT Act WDV (Total)

  •   Annexure 32   :: Depreciation Charges - As per IT Act WDV (P & M)

  •   Annexure 33   :: Interest and Repayment - Term Loans

  •   Annexure 34   :: Tax on Profits

  •   Annexure 35   ::Projected Pay-Back Period And IRR