Howand Why to Start Your Own Food Processing Industry? 33 Profitable FoodManufacturing Business Plans. Processed Food Business Ideas for Startup.
In India, the food sector hashigh growth and profit potential. Also, you can find a lot of opportunitieshere. The Indian food and grocery market is the world’s sixth-largest in termsof volume. And the food processing industry accounts for 32% of the country’stotal foodmarket. Manufacturing of food products like spice powders or curry powders is agrowing industry within the subset of the food manufacturing industry. Spicesand curry powders play an important role in enhancing the flavor and taste ofthe processed foods – making them an essential part of cooking at householdsand restaurants. India produces almost all the known spices and is the largestexporter of this commodity. Hence, there is tremendous opportunity for settingup a food manufacturing business that caters to domestic demand or exportdemand. In this article, we look at the process for setting up a foodmanufacturing business in India.