Profitable Agriculture Based Project Ideas & Small Scale Project Outlines in Processed Food Industries.

Description:

India is the world‘s second largest producer of food after China. The arable land area of 159.7 mn hectares (394.6 mn acres) is the second largest in the world (after the US). India has a strong raw material base for the food processing industry. India is one of the largest producers of certain fruits, vegetables, pulses, cereals and dairy products such as mangoes, papaya, potatoes, onions, ginger, check peas, rice, wheat, groundnuts, milk and eggs among others.

The Indian food processing industry is primarily export orient. India's geographical situation gives it the unique advantage of connectivity to Europe, the Middle East, Japan, Singapore, Thailand, Malaysia and Korea. One such example indicating India's location advantage is the value of trade in agriculture and processed food between India and Gulf region.

The food processing industry is a mature sector which is experiencing a turbulent period due to the growing global demands for food safety, increasing food insecurity and consumer demand for higher quality and sustainability.

Changing lifestyle, safety, and convenience are the major driving factors for the global processed food market. Excellent marketing strategies for such products also play an important role. Innovative packaging is used by processed food industry which in turn increases the demand for the global packaging industry.

The processed food industry is one of the largest in India. It is ranked fifth in terms of export, expected growth, production and consumption. As a matter of fact, increasing incomes are accompanied by changes to our food habits. The government, on its part, has formulated and implemented several plans and schemes to provide financial assistance, initially to set up food processing units and later to modernize as well. There is excellent support with regard to infrastructure, research and human resource development, in addition to other promotional aspects, to encourage the food processing industry.

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