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Opportunities in the Field Of Fruits and Vegetables Cultivation Along With the Floriculture

Opportunities in the Field Of Fruits and Vegetables Cultivation Along With the Floriculture

NPCS have done some market research and found out that freshly homegrown produce and majorly organic produce are in great demand in most major metropolitan areas in the world. NPCS is a reliable name in the industrial world with a group of extensively experienced people, they also feel that due to this increasing demand, entrepreneurs are opening up fruits and vegetable farms small-scale on the outskirts, suburban, or inner-city backyards in all over the country. One of the big buyers are restaurants for all kinds of fresh organic produce. The second best idea of the startup is the floriculture business. It is a great opportunity for people who love gardening and one can earn good money from the flower farming business.

Related Projects:- Fruits and Vegetables Value addition, Food Processing, Dehydration, Canning and Preservation, Processed Food Projects

     

A step by step guide for rapid growth

  • Do your research
 
  • Before stepping into any business you need to do some thorough research and planning. To start your business in the cultivation of fruit and vegetables, ask around and check how many people are willing to buy organic and homegrown vegetables and fruits.
  • For a business of floriculture you need to plan very wisely as to how much manpower will be needed to design the floral arrangement and for delivery. Get proper mentoring before stepping into the world of flowers as this business needs a lot of knowledge.
  • Be it a business of fruits and vegetables or flowers you should keep a track of interest in this endeavor and check what prices are people willing to pay. You would not want to start a business which is not very profitable and because your pricing is too high.

Related Videos:- Fruits & Vegetables Powder Manufacturing Business

2) Market trends for the forecasted growth

  • The market of organic fruit and vegetables is anticipated to register a CAGR of 6.99% during the period from 2020 to 2025. The rapid demand for fruits and vegetables is because of its increasing production and also due to its global consumption. Although, the supply of organic vegetables and fruit is limited in comparison to its demand and the reason is its rocketed production cost. Despite its high price for organic fruits and vegetables, buyers are willing to pay more for organic foods, due to less use of pesticides and high nutritional value.

Related Books: - Cultivation, Utilization And Processing Of Fruits, Vegetables, Flowers, Coconut, Tea, Bamboo And Wood Derivatives

 
  • The global market of floriculture was valued at US$ 43.23 Bn in 2018 and is anticipated to record a CAGR of 5.7%, over the forecast period (2019-2027), to reach US$ 70.85 Bn by 2027. Based on application, the global floriculture market is segregated into decoration and industrial applications, wherein the decoration segment accounted for the largest revenue share and contributed 75.4% in 2018 in the global market.

 

  • Select the items for cultivation
 
  • Your main focus is to earn a profit, for floriculture you should choose those flowers which are in demand in the market. So even if you don’t like those flowers, due to high demand you will need to grow them in your garden. Take notice that certain flowers need a particular climate and occasion.
  • For the fruit and vegetable business decide what you want to grow as an initial crop many factors need to be considered while choosing the crop such as; local climate, season, and anticipated demand for the produce.

Related Videos:- Fruit Processing Business Ideas & Opportunities

Conclusion

The book by NPCS “Cultivation of fruits, vegetables, and floriculture” provides you all the relevant aspects of the cultivation of floriculture that includes production technology, open cultivation in different climates. It has been written in such a way that it can be used by commercial growers, home gardeners, professional floriculturists and environmentalists not only that it also gives information on the integrated development of fruits, scope and importance of fruits, and vegetable crops.

Related Videos:- How to Start Fruits and Vegetables Processing Industry

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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.

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And before diversifying/venturing into any product, wish to study the following aspects of the identified product:
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The report contains all the data which will help an entrepreneur find answers to questions like:
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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.

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

Introduction
  • Project Introduction
  • Project Objective and Strategy
  • Concise History of the Product
  • Properties
  • BIS (Bureau of Indian Standards) Provision & Specification
  • Uses & Applications
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
Raw Material
  • List of Raw Materials
  • Properties of Raw Materials
  • Prescribed Quality of Raw Materials
  • List of Suppliers and Manufacturers
Personnel (Manpower) Requirements
  • Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel
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)
Manufacturing Process and Formulations
  • Detailed Process of Manufacture with Formulation
  • Packaging Required
  • Process Flow Sheet Diagram
Infrastructure and Utilities
  • Project Location
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  • Rates of the Land
  • Built Up Area
  • Construction Schedule
  • Plant Layout and Requirement of Utilities
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