Macaroni Production – Why Should You Invest in this Business?
For a perfect business idea, one should take into account a lot of factors. The crucial one being greater profit with lesser expenditure. But while exploring a bigger scenario, you can aspire for great success only when you invest remarkably. But how to choose the business idea that you can invest in confidently? For every entrepreneur, figuring out which idea is worth putting money and time on is indeed challenging.
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According to the National Pasta Association, the US is the largest pasta market. With nearly 13 kg per American, over 6 billion pounds of pasta is consumed annually. Coming to consumption, Italy still holds the title of the largest consumer. Worldwide pasta sales are expanding every year. Considering these facts, macaroni, a type of pasta, have the potential to become your idea of a business venture.
Made with durum wheat flour, macaroni is dry pasta with a narrow tube-like structure. Originated in Italy, it is also known as Maccheroni. It is mostly used in macaroni and cheese recipes, often abbreviated as ‘Mac n Cheese’ in the US. A large number of the population, from children to adults loves to have it.
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Now let’s take a look at the various points why should you invest in setting up macaroni business:
- High Present and Future Demand – Pasta or macaroni is the staple food in Italy and also some other countries. With the increasing pace of life, the need for fast or instant food has become a necessity. Processed foods like macaroni need only a few minutes to cook. Therefore, working professionals worldwide prefer instant food over anything else. Both of these factors have encouraged the demand for macaroni greatly. This is resulting in continuous growth in the pasta market size globally. In India, 17% CAGR in the pasta market is expected until 2023. This is due to more demand from the younger generation. And also the need for ready-to-cook food in every household.
- Export-Import Market Potential – The export-import market potential of a product always depends on its demand. The more is the demand, the greater is the market potential. The top exporters of pasta include Italy, Turkey, China, South Korea, and Thailand. The top importers are the US, Germany, France, the UK, and Canada. Italy is the top exporter with around US$3 billion value worth of pasta. And the United States is the top importer of over US$1 billion value worth of pasta. The overall world pasta market achieved a value of over US$21 billion in 2019. All these figures point out how enormous the market size is. And it is expected to grow moderately in the next 5 years.
- Lucrative Venture – Our consultancy services will provide you a profitable business plan with maximum benefits. With a payback period of 2 years 2 months and Internal Rate of Return of 35.08%.
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| Capacity |
55517 Pkts/Day |
| Plant and Machinery Cost |
$175 thousand |
| Working Capital |
$167 thousand |
| Rate of Return |
45.34% |
| Break-Even Point |
50.99% |
| Total Capital Investment |
$455 thousand |
| Cost of Project |
$455 thousand |
- Availability of Raw Material and Manpower – The raw materials required for the production of macaroni are durum wheat semolina, carbonic salt water, pure salt, and some additives. All these are easily available products in the market. We, NPCS ensure good availability of raw materials as well as manpower to your venture.
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The demand for macaroni is also increasing due to its health benefits. More and more people are becoming health-conscious nowadays and prefer dietary food. Pasta or macaroni is cholesterol-free and has low sodium. It is free of fat and its glycemic index is low which prevents the rapid rise of blood sugar. In addition to that, macaroni provides glucose which is beneficial for the brain and muscles. Therefore, it is a tasty, healthy, and nutritional meal for all age groups. Also, due to its lost cost, it is widely consumed all over the world. All these factors add up to its rapid growth in recent years. In conclusion, contemplating the stated aspects, this business plan proves to be remunerative. We, at NPCS, with our detailed project plan, guarantees maximum growth potential in the market. Our expert team provides comprehensive information that will help you to attain all the above requirements.
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