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Investment Opportunities & Business Ideas in Ghana, West Africa - Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

We can provide you detailed project reports on the following topics. Please select the projects of your interests.

Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

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Industrial Gases and Speciality Gases Mixture

Industrial gas is a group of materials that are specifically manufactured for use in industry and are also gaseous at ambient temperature and pressure. They are chemicals which can be an elemental gas or a chemical compound that is either organic or inorganic, and tend to be low molecular weight molecules.The known chemical elements which are, or can be obtained from natural resources and which are gaseous are hydrogen, nitrogen, oxygen, fluorine, chlorine, plus the noble gases; and are collectively referred to by chemists as the "elemental gases". Global industrial gases market is forecast to grow from $ 75.51 billion in 2016 to $ 106.26 billion by 2022, exhibiting a CAGR of around 6%, in value terms, during 2017-2022, on account of rising demand from chemical & petrochemical, metal fabrication & production, automobile, healthcare & pharmaceuticals and food & beverage industries.The global market for industrial gases is likely to witness robust growth, registering a 7.7% CAGR between 2017 and 2025. The global industrial gases market is estimated to reach US$ 114.5 Bn in revenue by 2025 end.Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Bhagawati Oxygen Ltd. • Bhilai Oxygen Ltd. • GovindPoy Oxygen Ltd. • Howrah Gases Ltd. • Linde India Ltd. • NiketUdyog Ltd. • Praxair India Pvt. Ltd.
Plant capacity: Oxygen Gas (7M3 each Cylinder): 300 Nos/Day Nitrogen Gas (7M3 each Cylinder): 100 Nos/DayPlant & machinery: Rs. 177 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 307 lakhs
Return: 25.00%Break even: 62.00%
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Biodegradable Plastic Products (Bags, Plates & Glasses)

Biodegradable plastics are mainly derived from corn, wheat and potato starch. Biodegradable plastics products are thermoplastic materials which are processed with the same machines traditionally used to process conventional plastics. Biodegradable plastic products physical and chemical properties are similar to those of traditional plastics, but it is completely biodegradable in different environments, just like pure cellulose. Indian economy is one of the fastest growing economies of the world and a founding member of SAARC and G4 nations. Some of the largest cities in India are Mumbai, Delhi, Bangalore, Hyderabad, Chennai, Jaipur, Ahmedabad, and Kolkata. The country has low per capita income of USD 1165 and USD 5238 in PPP terms. Biodegradable Plastic Market is expected to grow at a CAGR of xx.xx% to reach $xx billion by 2020.The global bio plastics market was 19.54 billion USD in 2016 and is estimated to reach US$ 65.58 billion in 2022 at an estimated CAGR of 22.36% for the forecasted period.This facilitates the development of new technologies and ensures a high quality product.
Plant capacity: Bio-Plastic Glasses (wt. each Glass 16 gms): 62500 Pcs/Day Bio-Plastic Plates (wt. each Plate 40 gms): 25000 Pcs/Day Bio-Plastic Bags (wt. each Bag 25 gms): 40000 Pcs/DayPlant & machinery: Rs. 156 lakhs
Working capital: -T.C.I: Cost of Project: Rs789 lakhs
Return: 28.00%Break even: 41.00%
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LPG Cylinder Refilling Plant

LPG cylinder filling plants vary considerably in size, complexity and layout. The type and size depends on such factors as maximum potential throughput requirements, size and type of cylinder filled and the number/grades of products handled.Liquefied Petroleum Gas is a Propane/Butane mixture liquefied under normal ambient temperature and moderate pressures. It is a safe, clean burning, reliable, high calorific value fuel. In addition to its use as a domestic fuel, it is also widely used in industries, where there is a requirement of low sulphur content fuel and fine temperature controls. Demand for LPG will reach a minimum of 5.9 million metric tons by the year 2022. Almost 90% of LPG is being consumed by the household sector marketed in packed cylinders and its price is heavily subsidized by the government on supplies made by the public sector oil companies.According to the Planning Commission, gas demand is India is estimated to increase to nearly 534 mms and by 2032. India is reported to have a stock of about 150 mn cylinders and adds on about 11 mn cylinders annually.Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • AdaniDhamra L P G Terminal Pvt. Ltd. • Aegis Gas (Lpg) Pvt. Ltd. • Aegis Logistics Ltd. • Alert Petrogas Ltd. • Asia Lpg Pvt. Ltd. • Balaji Pressure Vessels Pvt. Ltd.
Plant capacity: LPG Cylinders (14.2 Kgs Size): 1000 Cylinders/Day LPG Cylinders (19 Kgs Size): 1000 Cylinders/DayPlant & machinery: Rs.110 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 427 lakhs
Return: 26.00%Break even: 45.00%
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Thinners and Solvent Thinners(Blending and Bottling)

A thinner is a solvent used to thin oil-based paints or clean up after their use. Commercially, solvents labeled "Paint Thinner" are usually mineral spirit shaving a flash point at about 40°C (104°F).Solvent is a chemical, which liquefies in a chemically diverse solute to make a solution. Solvent can be in liquid form but is also available in gaseous and solid form. Used in Printing inks, paints, and coatings, pharmaceuticals, adhesives & cosmetics etc. Moderate growth is estimated for India solvents market during the forecast period 2016 to 2024, according to a report by Persistence Market Research (PMR). In terms of volume, sales of solvents in India reached 2,019,743.5 tons in 2016; by 2024 this number is expected to reach nearly 3,000,000 tons, expanding at 4.7% CAGR.India solvents market are projected to register highest CAGR through 2024.Which facilitates the development of new technologies and ensure a high quality product. Few Indian major players are as under • Asian Paints P P G Pvt. Ltd. • Faaber Paints Pvt. Ltd. • Mysore Paints & Varnish Ltd. • Noroo Bee Chemical India Pvt. Ltd.
Plant capacity: Thinner (1 Ltrs Size): 4000 Bottles/Day Solvent Thinner (1 Ltrs Size): 4000 Bottles/DayPlant & machinery: Rs 198 lakhs
Working capital: -T.C.I: Cost of Project: Rs395 lakhs
Return: 25.00%Break even: 56.00%
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M S Billets

Billets A semi-finished product obtained by forging, rolling or continuously casting, usually square (not exceeding 125 mm×125 mm in cross-section) with rounded corners or round (not exceeding 125 mm in diameter) and are intended for further processing into suitable finished product by forging or rerolling. Mild steel billets are used for mechanical engineering works such as manufacturing machines and their parts. Steel billets are used for production of plate, sheets, strips, rod etc. India is the ninth largest producer of crude steel in the world production of 33 million MT and investment of over Rs1,000 billion.Global steel demand will reach 1,616.1 MT in 2018, an increase of 1.8% over 2017 figures. In 2019, it is forecast that global steel demand will grow by 0.7% to reach 1,626.7 Mt.As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • GallanttIspat Ltd. • Ganga Iron & Steel Trading Co. Ltd. • Hi-Tech Power & Steel Ltd. • Jai BalajiInds. Ltd. • Kamachi Industries Ltd. • Rohit Iron & Steel (India) Pvt. Ltd.
Plant capacity: M.S. Billets (Size 80x80 mm to 140x140 mm): 180 MT/DayPlant & machinery: Rs. 1565 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 3343 lakhs
Return: 28.00%Break even: 63.00%
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Solar Panel

A solar panel is a collection of solar cells.Solar panel refers either to a photovoltaic module, a solar thermal energy panel, or to a set of solar photovoltaic (PV) modules electrically connected and mounted on a supporting structure. A PV module is a packaged, connected assembly of solar cells. Solar panels can be used as a component of a larger photovoltaic system to generate and supply electricity in commercial and residential applications.A single solar module can produce only a limited amount of power most installations contain multiple modules. A photovoltaic system typically includes a panel or an array of solar modules, an inverter, and sometimes a battery and/or solar tracker and interconnection wiring. India is poised for a big take off in the installation of solar energy. The JNNSM target of 20 GW of installation by 2022 and also proactive policies from states like Gujarat are the key drivers for the growth of the solar sector in India.As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • Alectrona Energy Pvt. Ltd. • Bright Solar Ltd. • Emmvee Photovoltaic Power Pvt. Ltd. • Gautam Solar Pvt. Ltd. • H H V Solar Technologies Ltd. • Helios Photo Voltaic Ltd.
Plant capacity: Solar Panel: 25 MWPlant & machinery: Rs. 161 lakhs
Working capital: -T.C.I: Rs.804 lakhs
Return: 54.00%Break even: 28.00%
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Red Oxide Primer From Mill Scale

Red oxide primer is a specially formulated coating used as a base coat for ferrous metals. Red-oxide primer serves a similar purpose to interior wall primers in that it prepares metal for a topcoat, but it also gives iron and steel surfaces a layer of protection. A primer is composed of Red Oxide, solvents, resins, and various additives. The pigments give the primer color; solvents make it easier to apply; resins help it dry; and additives serve as everything from fillers to anti fungicidal agents. The Indian paint market will grow with a CAGR of around 14% during 2015-16 to 2019-20.The Indian paint industry has been growing at an average 15% per annum over the last decade. Growth has been consistent with the Indian GDP growth rate and in some years the industry has grown at a rate of 1.5 to 2 times higher than that of GDP growth. Construction remains the key growth sector and is driving demand for decorative and protective coatings.As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • Ashok Neel Mfrs. Pvt. Ltd. • Bajaj Superpack India Ltd. • Eskay Dye-Stuffs & Organic Chemicals Pvt. Ltd. • Futura Polyesters Ltd. • NirupSynchrome Ltd. • Omkar Industries Ltd.
Plant capacity: Red Oxide Primer (Each Packed in 20 Ltrs Container) : 1000 Packs/Day Red Oxide Primer (Each Packed in 5 Ltrs Container) : 4000 Packs/DayPlant & machinery: Rs. 292 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1016 lakhs
Return: 28.00%Break even: 56.00%
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Craft Beer

A microbrewery or craft brewery is a brewery that produces small amounts of beer (or sometimes root beer). The main raw material are Malt, yeast, water. Some additives for yeast growth eg ammonium phosphate, ammonium sulphate, potassium metasulphate for preservation of beer. For craft beer some vegetable and fruit extract are added to enhance the flavor. India’s alcoholic drinks market, we expect to see strong growth in beer consumption over our forecast period. In volume terms, beer sales will rise at CAGR of 7.5 per cent between 2017 and 2021.”The craft beer market in India is pegged at Rs. 280 crore and may grow to Rs. 4,400 crore by 2020.Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Appollo Distilleries & Breweries Pvt. Ltd. • Arthos Breweries Ltd. • Aurangabad Breweries Ltd. • Castle Breweries Ltd. • Devans Modern Breweries Ltd. • Doburg Lager Breweries Ltd.
Plant capacity: Craft Beer: 10000Ltrs./DayPlant & machinery: Rs. 522 lakhs
Working capital: -T.C.I: Cost of Project: Rs.1040lakhs
Return: 27.00%Break even: 56.00%
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Production of Sulphuric Acid, Chlorosulphonic Acid

Production of Sulphuric Acid, Chlorosulphonic Acid, 23% Oleum. Business and Investment Opportunities in Chemical Industry Sulphuric acid also known as ‘oil of vitriol’ having molecular formula H2SO4 is a highly strong corrosive mineral acid. Sulphuric acid is pungent-ethereal, colorless to slightly yellow viscous liquid soluble in water at all concentrations. During production, sulphuric acid takes dyed dark brown color to intimate people of its strong hazard effects. Sulphuric acid shows different properties with different material depending on the concentration. Having strong acidic nature, sulphuric acid can harm materials such as metals, living tissues even stones at strong concentration. Sulphuric acid at high concentration can cause serious damage to eye as it burns the cornea of the eye causing permanent blindness if splashed into the eye. Sulfuric acid is a diprotic acid that exhibits different variety of properties depending upon its concentration. Sulphuric acid has the biggest output of any chemical in the world. Sulphuric acid is majorly used in the manufacture of chemicals to make sulfate salts, pigments, dyes, nitric acid, sulfate salts, and others. It also serves as the electrolyte in the lead acid storage battery. Sulfuric dioxide is a strong airborne pollutant and a declared carcinogen. Known to cause severe respiratory disorders in humans, the usage of sulfuric acid has consistently decreased in the past decade owing to stringent government regulations and the future of the market for the same isn’t very encouraging. Uses: Sulphuric acid is widely used in the production of phosphate fertilizers. Sulphuric acid is a complex market that involves the chemistry of product supply and demand. There is variation in pricing of Sulphuric acid between regions depending upon the regulations and concentrations. There are four stages in the manufacturing of sulphuric acid that includes extraction of sulphur, conversion of Sulphur into sulphur dioxide, then converting sulphur dioxide to sulphur trioxide, and final conversion of sulphur trioxide to sulphuric acid. Sulphuric acid is used to wash impurities out of gasoline and other refinery products in petroleum refining. Sulphuric acid is also used as catalyst and dehydrating agent in petrochemical process and organic chemical manufacturing. The global sulphuric acid market is segmented on the basis of manufacturing process, application, and region. Manufacturing process includes Lead Chamber Process, Contact Process, Wet Sulfuric Acid Process, and Others. Applications include Phosphate Fertilizers, Chemical Manufacturing, Agricultural Chemistry, and Electrolyte in Lead-Acid Storage Battery, Metal Processing, and Others. The major use of sulfuric acid is in the production of fertilizers, e.g., superphosphate of lime and ammonium sulfate. It is widely used in the manufacture of chemicals, e.g., in making hydrochloric acid, nitric acid, sulfate salts, synthetic detergents, dyes and pigments, explosives, and drugs. It is used in petroleum refining to wash impurities out of gasoline and other refinery products. Sulfuric acid is used in processing metals, e.g., in pickling (cleaning) iron and steel before plating them with tin or zinc. Rayon is made with sulfuric acid. It serves as the electrolyte in the lead-acid storage battery commonly used in motor vehicles (acid for this use, containing about 33% H 2SO 4 and with specific gravity about 1.25, is often called battery acid). Market Outlook Sulphuric Acid is a diprotic mineral acid and possess highly corrosive properties. Moreover, the chemical is a colorless and water soluble acid, and has a pungent smell. Due to strong oxidizing and dehydrating properties, sulphuric acid is used in phosphate fertilizers production, mineral processing, metal processing, fibers, etc. However, fertilizer production is the largest application segment utilizing sulphuric acid in India, followed by demand from metal processing industry which is anticipated to witness fastest growth till 2025. The sulphuric acid market in India is projected to exhibit a CAGR of 3.35% during 2016-2025, on account of increasing fertilizer production in the country. Moreover, growing demand and consumption of sulphuric acid can be attributed to rapid growth in population size of India, which is subsequently driving demand for infrastructure, food crops and base metals. Growing application of sulphuric acid in processing of fertilizers and other industrial chemicals, coupled with rising initiatives by Government of India to collaborate with global manufacturing firms, are further expected to drive India sulphuric acid market during the forecast period. India is one of the largest consumers of sulphuric acid globally, accounting for 4% of demand while producing around 5% of all sulphuric acid. As such, India is a substantial influencer on the global sulphuric acid balance. Furthermore, many of India’s producers have the capability to switch between producing and purchasing sulphuric acid, and depending on market conditions this can swing the sulphuric acid balance significantly. The demand in the global sulfuric acid market will increment at a CAGR of 2.8% during the forecast period of 2017 to 2023. Revenue-wise, this long-established market for sulfuric acid is estimated to attain a valuation of US$85.4 billion by the end of 2023, swelling up from the market’s evaluated worth of US$72.4 billion as of 2017. The rise can be attributed to the presence of stringent environmental regulations to control emissions, which is expected to lead to the increased use of smelters to capture sulfur dioxide products. Increasing demand for the product from fertilizers, chemical manufacturing, paper & pulp, petroleum refinery, metal processing, and automotive industries for use as a catalyst, dehydrating agent, and a reactant is expected to boost the industry over the foreseeable period. Rising concerns about high crop yield and excellent food quality from agricultural sector are projected to propel fertilizer market growth, which, in turn, is likely to trigger sulfuric acid market. Increasing demand from the various end-use industries is considered to be one of the primary growth drivers for sulfuric acid market. Moreover, growing production of nutrient dense food crops, increasing use of sulphuric acid in metal processing, rising demand for sulfur based fertilizers, continuous and stable demand for sulfuric acid due to several end-user applications and rising demand from oil & gas industry, waste water treatment are the factors favouring the market growth. However, stringent government regulations, high raw material costs, weaker sales due to surplus and health concerns associated to sulfuric acid are some of the factors restraining the market. Automotive industry is projected to progress at the highest CAGR over the forecast period. Increasing use of sulfuric acid in automotive batteries is anticipated to trigger automotive application segment over the coming years. The Global Sulphuric Acid Market is mainly driven by the growing demand for Sulphur based fertilizers. Rising demand for sulphuric acid in the oil & gas industry and waste water treatment is expected to drive the sulphuric acid market for the forecasted period. Wide variety of application of the sulphuric acid in the chemical industry is driving the global sulphuric acid market. Additionally, with increasing population demand for better infrastructure, food crops and base metals is expected to increase. This is expected to increase the global demand for sulphuric acid. Also, various fertilizers are produce with the use of sulphuric acid; so increasing demand for fertilizers is further expected to increase the demand of sulphuric acid in the global market. The future of the sulfuric acid market is banking on the sustained demand coming from the fertilizers segment as a result of consistently increasing demand for food across the world. Arable land are limited and that is arising a need to exact the best out of limited opportunities and fertilizers are proven to serve the purpose. Key applications of sulfuric acid include processing of fertilizers, nitric acid, hydrochloric acid, hydrofluoric acid, and titanium dioxide. Demand for fertilizers, especially phosphate fertilizers, is anticipated to increase significantly due to the rising production of cereals and oilseeds such as wheat, rice, cotton, and soya bean as a result of global population growth. Sulfuric acid is one of the most high volume product chemicals being manufactured across the globe. Numbers given by manufacturers, industry related consultants and other market observers place the Sulfuric acid production in recent years to be around 200 million tonnes. Indeed it is because of this significant place Sulfuric acid production occupies in the industrial chemical manufacture sector, that it is commonly regarded that a country’s industrial development, and by extension, economic growth can be measured by its production contribution of Sulfuric acid. Chlorosulfuric Acid Chlorosulfonic Acid is a clear, corrosive, straw colored liquid with a strong odor. It reacts violently with water with evolution of heat and large quantities of dense white fumes. They are formed on decomposition. It is used principally in organic synthesis as a sulfating, sulfonating or chlorosulfonating agent. Its chemical formula is CISO2OH. The major use of CSA is for sulfating long chain alcohols. Specific areas of usage include; manufacture of surfactants for preparation of intermediates for making dyes and pigments, manufacture of pesticides for protection of crops and livestock, manufacture of pharmaceuticals for human and veterinary medicines, and others. Global Chlorosulfonic Acid Market is segmented on the basis of application, and region. Chlorosulfonic acid is primarily used to produce sulfates, sulfonates, sulfonyl chlorides with organic compounds like hydrocarbons, alcohols, phenols, amines. Chlorosulfonic acid is a strong oxidizing and dehydrating agent function as a catalyst in the esterification of aliphatic alcohols, alkylation of alkenes, and synthesis of alkyl halides from alkenic halides, and isoalkanes containing tertiary hydrogen. Chlorosulfonic Acid Market is classified, by application into Detergent, Pharmaceutical, Agrochemical, and Plastic Industries. Chlorosulfonic Acid Market is segmented, geographically into North America, Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa. Few Indian major players are as under: • Amal Ltd. • Kamar Chemicals & Inds. Ltd. • Mahadeo Fertilizers Ltd. • Nath Industrial Chemicals Ltd. • Rampur Fertilizers Ltd. • Shree Sulphurics Pvt. Ltd. Tags Manufacture of Sulfuric Acid, Sulfuric Acid, Production of Sulfuric Acid, Preparation of Sulphuric Acid, Sulfuric Acid Production, Manufacturing of Sulfuric Acid, Processes of Manufacture of Sulfuric Acid, Manufacture of Sulphuric Acid by Contact Process PPT, Sulphuric Acid Manufacture, Industrial Production of Sulfuric Acid, Sulphuric Acid Plant, Sulphuric Acid Plant Process Flow Diagram, Sulfuric Acid Manufacturing, Sulfuric Acid Production Process, Sulphuric Acid Plant Including Mfg. of Chlorosulphonic Acid, 23% Oleum, Manufacture of Sulphuric Acid (Contact Process), Sulfuric Acid Manufacturing Plant, Industrial Applications of Sulfuric Acid, Essential Chemical Industry, Chemicals Manufacturing Company, Plant to Manufacture Sulfuric Acid, Process of Making Chlorosulfonic Acid, Manufacture of Chlorosulphonic Acid, Chlorosulfonic Acid, Chlorosulfonic Acid Manufacturing Process, Chlorosulfuric Acid, Manufacture and Properties of Chlorosulfonic Acid, Sulphuric Acid Industry, Sulphuric Acid Production Plant, Sulphuric Acid Plant Cost, Sulphuric Acid Manufacturing Unit, Project Report on Sulphuric Acid Manufacturing Industry, Detailed Project Report on Sulphuric Acid Plant, Project Report on Chlorosulfonic Acid Manufacturing, Pre-Investment Feasibility Study on Chlorosulfonic Acid Manufacturing, Techno-Economic feasibility study on Sulphuric Acid Plant, Feasibility report on Chlorosulfonic Acid Manufacturing, Free Project Profile on Sulphuric Acid Plant, Project profile on Chlorosulfonic Acid Manufacturing, Download free project profile on Sulphuric Acid Plant
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Noodles, Vermicelli, Macaroni and Spaghetti Production Business

Noodles, Vermicelli, Macaroni and Spaghetti Production Business. Start a Profitable Pasta Product Manufacturing Industry Macaroni is a traditional food product that is formed by the use of dough, which is made by the use of flour, water, and eggs after which it is formed into different shapes. It can be simply put that macaroni is a dry pasta. Lastly, a curved macaroni is mostly referred to as elbow macaroni, which is popular among young children. Many macaroni and noodle products are being used in precooked frozen dinners of macaroni and cheese, macaroni and spaghetti and meat sauce, tuna and noodles and many others. Some what the some preparation techniques are used for freezing are used for canning. Spaghetti is long, thin pasta. Spaghetti with meatballs in marinara sauce is an Italian restaurant classic. Spaghetti is a popular Italian pasta, often served with a tomato sauce sometimes called spaghetti sauce. The Italian word spago means string, and spaghetti is the plural of spago — a description of what spaghetti looks like. Spaghetti straps are very thin shoulder straps found on dresses and summery tops. Spaghetti is generally served with some type of sauce; the sauce and the type of spaghetti are usually matched based on consistency and ease of eating. Northern Italian cooking uses less tomato sauce, garlic and herbs. In Northern Italy white sauce is more common. However Italian cuisine is best identified by individual regions. In Southern Italy more complex variations include spaghetti paired with fresh vegetables, olives, capers or seafood. Vermicelli is a type of fine pasta that is similar to spaghetti. The pasta features long rounded pasta strands that tend to be slightly thinner than spaghetti and somewhat thicker than angel hair pasta. In Italian, vermicelli literally means "little worms" and reflects the pastas distinctive worm-like shape. In India and other countries of the Indian Subcontinent, wheat vermicelli is known by various local names such as sev in Gujarati, shavige in Kannada, sevalu or semiya in Telugu, and semiya in Tamil and Malayalam. Vermicelli is made out of maida that is ground from very hard wheat. It is simply maida, water, and a little salt. Vermicelli is a popular instant food product. It falls under the category of extruded product and is made from wheat flour. At times tapioca or soya bean or groundnut flour is also added. Thus, it is rich in proteins and liked by people from all walks of life, irrespective of age. India celebrates more festival than other countries. These festivals are chiefly religious, secular and social. The festivals are therefore an intimate part of our religious as well as secular life. They are at the same time related to some ancient religious length, to the cycle of reasons, and to the community's need of change, release and economic well-seeing. Noodles were traditionally served in a hot or cold seasonal broth whilst pasta had a sauce added. Nowadays, though, fusion cuisine is offering all sorts of exciting new ways to prepare noodles. Market Outlook Noodles Noodles market in India is one of the fastest growing globally driven by steady economic growth and rise in disposable income of consumers. Rapid urbanization and a large young population are also helping Noodles market to grow further. Dried and Instant Noodles is the leading category in the Noodles market with Convenience Stores being the leading distribution channel. Urbanization, rising income levels, working couples, interstate migration and changing lifestyle of young India are key drivers for the noodles market. The product was positioned as meal which is filling and can be prepared in just a few minutes, thus offering both convenience and time saving. Noodles are value-added processed food items from flour. In addition, the product occupies 45% market share in the processed cereal products in India. According to the output and constitute, this is the largest segment in this sector of the processed food market. Generally, this item is more popular in the northern parts of our country. The product is an extruded product made of tapioca flour and maida. They are long thread-like of 0.22 to 0.4 mm. thickness. Trends in Indian noodle market • Traditional flavors still dominate: Masala, chicken and tomato are most popular flavors in the market • Addressing rural market: Noodles are primarily consumed in urban India and to expand this market companies have introduced small sized and low cost products to address the demand of rural market. The success of this effort is still to be seen. • Huge Rural market: rural India where close to 60% of Indian population resides is a huge consumption market virtually un-penetrated by any player. Low cost products with appropriate marketing can open up this huge market. Some of the major reasons for its popularity are: • Increasing population of the country. • Rapid industrialization in the country. • Increasing purchasing capacity of the people. • The durability of the product. • The changing eating habit of the population. • Increasing preference for ready to eat food because of the increasing numbers of working couples etc. Vermicelli: Five main features of vermicelli make it a highly demanded product in the market: • Ready to eat • Easy to prepare • Nutritious • Tasty and • Low Cost It is one of the most preferred ready to cook item in both Indian and foreign markets. With the rapid urbanization and growth of the economy, the demand of healthy and easy to prepare food products has reached sky high. This makes the vermicelli making business an ideal business opportunity to grab on as the demand for the same is in a highly growing trend. During Ramzan, the demand reaches at the top as kheer made of vermicelli is consumed all on a daily basis after daylong fasting. However, in compare to the other foreign countries, the consumption rate of vermicelli is comparatively low, thus there is a huge opportunity to grow and capture the market. Urbanization has changed the lifestyles of not only urbanites but even of semi-urban and rural areas. This along with increase in the purchasing power of people has fuelled demand for many fast food or instant food items and vermicelli is one such product. With the addition of groundnut or soya bean or tapioca flour, it also becomes a nutritive product and thus even health conscious people prefer it. Thus vermicelli has, become a very popular instant food. Variety since last few years and its demand is steadily growing. There are some established brands but the market is very large and growing. A small-scale unit can compete with these brands in the local market on the price front because of low overheads, less transportation costs and reasonable advertisement budget. Proper and adequate placement of product and thrust on publicity at the point of sales would also be crucial. Pasta Product Market: The global market for pasta can be classified into spaghetti, macaroni, and noodles. It can also be bifurcated into fresh and dried pasta. While the former is prepared from simple dough of eggs and flour, the latter is made from finely ground semolina flour and water, sans egg mostly. Fresh pasta has a comparatively shorter shelf life than dried pasta and hence it is more expensive. Dried pasta generates accounts for a dominant share vis-à-vis sales in the global market for pasta. The overall global pasta market is expected to grow moderately in the upcoming years. Global Pasta Market is projected to witness at the CAGR of 5.85% and it is projected to reach USD 32.78 Billion during the period of 2017 to 2023. The global pasta market is being driven by a number of favorable factors. The changing preferences of the consumers, resulting from the western influences and urbanization in the developing regions, have contributed to the market growth. Further, as a result of hectic lifestyle, the consumers prefer easy-to-make food products. Since, pasta is a healthy carbohydrate-rich food and convenient to prepare, the demand for different types of pasta products such as fusilli, macaroni and vermicelli, has been on a surge. Moreover, manufacturers are introducing product innovations such as gluten-free pasta, organic pasta and vegan pasta to attract a larger consumer-base. Geography-wise, the global market for pasta has been segmented into Asia Pacific, Europe, North America, and the Rest of the World. Among them, Europe accounts for maximum percentage share in terms of consumption and North America comes next. Markets in China and India, emerging economies whose growth rate has surpassed that of all other countries in the world, have proved to be tough ones to crack. Per capita sales of pasta is low in India and China on account of lesser priced regional staples such as rice and noodles. Besides the lack of affordability and cultural preferences, the abundant availability of pasta is another factor hobbling the growth of the Asian markets. Going forward, however, tables might likely turn due to rising per capita income in emerging economies, particularly India and China. This, coupled with rising urbanization, is anticipated to push substantial growth in the near future. The spaghetti segment is projected to register the higher growth rate (5.77%) during the forecast period of 2017 to 2023. Change in consumer lifestyle, increasing disposable income, increase in health awareness, and rise in demand for convenience food and consumption will a positive impact on the market during the forecast period. Packaged foods are convenient to carry, store, and use. Thus, all these factors together will drive the market. The primary factors catalyzing the growth of the pasta market in India include rising urbanization, changing lifestyles and surging demand for ready-to-eat products. In addition to this, the market is also influenced by an increasing women employment rate coupled with rising disposable incomes. Further, the health-conscious consumers are demanding food products with healthier ingredients, which has led to a rise in the demand for pasta made with whole-wheat and quinoa. Some of the other forces that have been proactive in maintaining the market growth are longer shelf-life and ease of preparation. Looking forward, the market value is projected to reach US$ 709.1 Million by 2023, registering a CAGR of 16.2% during 2018-2023. Tags Macaroni Production, Macaroni, Macaroni Production Process, Manufacture of Pasta, Macaroni, Noodle, and Spaghetti Production, Pasta Production Process Pdf, Pasta Manufacturing Project Report, How is Pasta, Pasta Manufacturing Process PPT, Macaroni Manufacturing, Pasta Processing, Pasta Production, Pasta Manufacturing, Spaghetti Making Process, Production of Pasta and Spaghetti, Food Processing Plant, Industrial Production of Pasta, How to Make Spaghetti? Spaghetti Making, Production Process of Pasta and Spaghetti, Pasta and Noodle Production Plant, How to Start Noodles Manufacturing Business, Pasta Factory, Spaghetti, Spaghetti Production, Spaghetti Production Unit, Pasta Manufacturing Business, Pasta Making Business, Starting a Pasta Making Business, Start a Noodles Manufacturing Unit, Noodles Manufacturing Business, Noodles Manufacturing Business Plan, Start Noodle Making Business, Noodles Processing, Manufacture of Noodles, Setting up Noodle Manufacturing Company, Noodles Business, Noodles Manufacturing Unit, Starting a Vermicelli Making Business, Vermicelli Making, Vermicelli Manufacturing Project, Vermicelli Manufacturing Plant, Project Report on Vermicelli Manufacturing, Vermicelli Manufacturing Project Report, Vermicelli Production Process, Process of Manufacturing Vermicelli, Vermicelli Production Process, Food Processing, Processed Food, Processed Food Industry, Processed Food Products, Pasta Products, Indian Food Industry, Food Processing Industry in India, Food Processing Sector, Processed Food Industry, Production and Processing of Foods, Food Processing Industry, Food Production, Snack Food Production, Foods Manufacturing Industry, Profitable Food Processing Business Ideas, How to Start a Food Processing Unit In India, Food Processing Business, Most Profitable Food Processing Projects, How to Start Food Processing Industry, How to Start a Food Manufacturing Business, Small Scale Food Processing Projects, Food Business Ideas in India, Food Processing Unit Project Report, Food Processing Projects Pdf, Most Profitable Food Processing Business Ideas, Food Processing Unit, Profitable Food Business Ideas & Opportunities, Project Report on Noodles Manufacturing Industry, Detailed Project Report on Noodles Manufacturing, Project Report on Vermicelli Production, Pre-Investment Feasibility Study on Vermicelli Production, Techno-Economic feasibility study on Vermicelli Production, Feasibility report on Macaroni Production, Free Project Profile on Macaroni Production, Project profile on Macaroni Production, Download free project profile on Vermicelli Production
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Return: 1.00%Break even: N/A
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