Manufacturing of Banana Wafers (Deep Fried Snack Food).

Manufacturing of Banana Wafers (Deep Fried Snack Food). Profitable Food Processing Business Idea.

Banana is a fast growing and high biomass-yielding plant. India is the largest producer of banana next to mango. The major banana producing states are Maharashtra, Kerala, Tamilnadu, Gujarat, Bihar, West Bengal, Assam, Andhra Pradesh and Karnataka. They are cultivated primarily for their fruit, and to a lesser extent to make fiber and as ornamental plants. The fruit averages 125 grams (0.28 lb), of which approximately 75% is water and 25% dry matter. Each individual fruit (known as a banana or 'finger') has a protective outer layer (a peel or skin) with a fleshy, edible inner portion. Both skin and inner part can be eaten raw or cooked.

Production Process

The Banana Wafer Making Business Plan involves a series of steps that are carried out with the help of a series of steps.

1. First, the bananas are washed and peeled and the outer skin is removed. This procedure is done either by a machine or hand.

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2. After the bananas are peeled, now it’s time to slice the bananas into even slices. This process is done with the help of an electronic slicer which slices the bananas with the thickness ranging from 1.8 mm to 2.5 mm.

3. Now the sliced pieces of bananas are transferred into the frying tank where it gets mixed regularly to prevent some pieces to be overcooked.

4. As the banana wafers get removed from the batch frier, they are transferred to the oil sieve. The excess oil gets drained into the oil sieve.

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5. Now after this, the wafers get transferred into the dryer. With the help of the air blow, the dryer removes the oil present on the outer layer.

6. After this process is done, all the spices like pepper and salt get mixed in the container and rotated so that it gets spread evenly to all the wafers.

7. Now lastly the chips are weighed and packed in the packets.

Market Outlook

India wafers market has shown remarkable growth in past couple of years. The market is forecasted to grow with a CAGR of more than 9% in near future. Currently, the growing young population represents a key segment for the potato wafers, banana wafers, and tortilla wafers market. Major factors driving the global demand of wafers are growing urbanization, rise in disposable incomes and rapidly changing lifestyles. A busy lifestyle coupled with long working hours have forced people to shift from elaborate luncheons and meals to desk snacks and packaged foods. Snack companies are branching out from original recipes and launching line extensions that deliver interesting ingredients, flavours and textures to consumers looking for new experiences or alternative ingredients for health reasons.

The Global Snack Food Market was valued at USD 450 billion in 2017 and is expected to reach a value of USD 638 billion by 2023 at a CAGR of 5.79% during the forecast period (2018-2023). While the factors like demand for urbanization and change in lifestyle fuel the growth of the market, whereas government rules and health concerns are hindering the market growth. The growing demand in developing regions and development of innovative products provides ample growth opportunities.

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Key Players:-

A D F Foods Ltd.

Balaji Wafers Pvt. Ltd.

D F M Foods Ltd.

Haldiram Foods Intl. Ltd.

Hello Indo Food Products Pvt. Ltd.

Kishlay Foods Pvt. Ltd.

Laxmi Snacks Pvt. Ltd.

Parle Products Pvt. Ltd.

Prataap Snacks Ltd.

Pure N Sure Food Bites Pvt. Ltd.

Rishabh Food Products Ltd.

Sushma Snacks Pvt. Ltd.

Sweet India Pvt. Ltd.

Tags: -

#bananachips #bananawafers #BananaProduct #Banana #snackfood #Snackfoodbusiness #snackfoodmanufacturing #FoodIndustry #SnackFoodIndustry #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS

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Annexure 1:: Cost of Project and Means of Finance
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