Start a Business in Food Processing and Packaging Industry

Processed food is food that has been transformed by freezing, baking, or drying. Due to rising population and consumer purchasing power, the processed food business in Asia Pacific is rapidly expanding. India’s consumer spending on processed foods is likely to rise. The processed food industry’s growth drivers in India and China include cost competitiveness and raw resource availability.

• INSTANT FOOD: Instant food is typically precooked food that requires minimal preparation prior to consumption. Tea, coffee, milk, soups, precooked cereal goods, potatoes, and other instant or dried meals that quickly rehydrate when water is added.
• CANNED FOOD INDUSTRY: Canning is the process of preserving foods for lengthy periods of time by sealing them in airtight vessels such as jars (jars like Mason jars, and steel and tin cans). The global canned food market is predicted to grow at a rate of 3.8% over the next five years. The growing desire for organic canned fruits and veggies, as well as a concentration on social media marketing and promotions, are all contributing to the global canned fruit and vegetable industry’s income generators.
• READY TO EAT FOOD: Ready-to-eat (RTE) foods are pre-cleaned, pre-cooked, and generally packed foods that are ready to consume without any prior preparation or cooking. To ensure food safety, RTE meals should be in an edible form without the need for extra preparation, according to the 2009 US Food Code (FDA, 2009). Ready-to-eat food is regarded as the most convenient alternative to ordinary meal, as it may be consumed at any time (such as during breakfast, lunch, or dinner). The global market for ready-to-eat foods is expected to rise at a CAGR of 4.3% during the next five years.
• PACKAGED FOOD: A bakery, dairy goods, canned, frozen processed food, ready-to-eat meals, diet snacks, processed meat, health items, and drinks are among the packaged foods. The growing popularity of packaged foods has prompted many more companies to introduce new goods and varieties. The global packaged food market is expected to develop at a 7.43% compound annual growth rate (CAGR).