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Business plan of a food manufacturing company
e s t a b l i s h i n gn e wv e n t u r e o r wh oh a s t h e c a p a b i l i t yo f t a k i n gmo d e r a t e r i s ki s a n e n t r e p r e n e u r . I wa n t t oo p e naf o o dp r o c e s s i n g , ma n u f a c t u r i n ga n dma r k e t i n gc o mp a n y , a s ae n t r e p r e n e u r
Md. Showkat Raihan
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Gabriela A Sanchez
Social movements are important sociological phenomena because they are the key agents that provide societies with new ideas and ideals to change people's behavior or their understanding of the world. This thesis aims to investigate into how the collective identity of the biohacker in the Do-it-Yourself Biology (DIYbio) movement mobilizes collective action to achieve social change. The collective identity of a movement is the “we” that influences how biohackers give meaning to the collectivity and make sense of their actions and the goals they pursue based on shared beliefs, values, critiques and visions of the world. The biohacker can be understood as the bio subgenre of the hacker, whose ethic and practices of free and open-source so ware and hackerspaces—or in other words practices of Commons-Based Peer-Production—are adapted to the life sciences and technologies. To research how the collective identity is constructed I analyzed the practices and discourses of the DIYbio movement. I performed participant observation in movement areas where they carry out collective action; an online discussion forum and in a biohackerspace. I also performed documentary analysis of popular media articles and discourse analysis of in-depth interviews with biohackers from around the world. To understand the dynamics of how biohackers mobilize collective action I proposed a framework in which biohackers define problems and solutions based on their communal values of openness, freedom, and collaboration. The DIYbio movement coordinates collective action for social change on a political level as it aims to democratize biology and create a commons of the means of production, and on a cultural level by promoting a work ethic of freedom of inquiry and sharing under a collaborative commons.
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Business, Money, Marketing
Download food processing business plan.
Looking for a comprehensive food processing business plan in Nigeria for your personal use or to seek grants, and loans from investors, CBN, NIRSAL, and other institutions?
Many people across the world consume processed food in some form or another, necessitating the need for food processing factories to fulfill market demand. If you are an ambitious entrepreneur with the necessary beginning funds, expertise, and abilities, you should consider starting your own food processing firm.
It is critical to note that the food processing industry will never go out of style since people consume processed foods, vegetables, and fruits in various forms on a regular basis. The initial capital for this sort of business can range from moderate to large, depending on the scale you wish to start on. In fact, if you want to optimize revenues in your firm, you should manage a farm/plantation alongside your food processing plant.
If you are certain that this is the type of business you want to start after conducting market research and feasibility studies, the next step is to write a good business plan; a detailed blueprint of how you intend to raise your seed capital, set up the business, manage the flow of the business, sort out tax, and market your products, among other things.
FOOD PROCESSING FEASIBILITY ANALYSIS SAMPLE
1.0. Executive summary
Popo is a newly founded FMCG company. We are launching our food processing business because we want to capitalize on the numerous prospects available in the food processing sector, contribute to the growth of the Nigerian economy, export processed food to other nations, and profit.
Our customers’ best interests will always come first, and our principles and professional ethics will govern all we do. We shall hold ourselves to the highest standards by accurately and totally addressing the demands of our clients.
We were able to find the greatest people and machines to operate the firm with. We have put processes and strategies in place that will allow us to utilize best practices in food processing as mandated by Nigeria’s regulatory organizations.
2.0. Mission and Vision Statement
Our vision is to become a household name – brand, with our products available in supermarkets not only in Nigeria, but also on a worldwide scale.
Popo is a world-class food processing enterprise dedicated to growing and processing food, fruits, and vegetables for the Nigerian and global markets. We want our well-processed and well-packaged food goods to reach every corner of Nigeria and the rest of the world.
READ – SOYBEAN OIL BUSINESS PLAN
3.0. Market Trend
If you’re familiar with the food sector, you’ll note that diverse food consumption habits have had distinct consequences in different countries. To compete, food processing businesses have produced healthier and organic goods. Indeed, there are fluctuations in the food sector; canned food, fruit, and vegetable manufacturers are better insulated from agricultural price fluctuations, and organic food sales have offered a serious competitive threat to many industry participants.
Over the last five years, the food, fruit, and vegetable processing business has risen steadily as food processing companies have responded to quickly changing customer demands and lifestyles. Indeed, investors/entrepreneurs who own large farms find it simpler to build food processing businesses on their properties. This makes it easier for them to maximize revenues and, of course, to establish themselves in the sector.
4.0. Our Products and Services:
We are in the industry to make profits and we are going to do all we can to achieve our business goals. Here are some of our products;
- Canned food, fruits and vegetables
- Cheese and bacon production
- Hot sauce production
- Meal replacement product
- Pre-made salsa production
- Fruit and vegetable juices
- Ketchup and other tomato-based sauces
- Soup, stews and bouillon
- Dried and dehydrated fruits and vegetables (used as fruit flavors)
- Pickled products
- Jams and jellies
5.0. Industry Analysis
The international food, fruit, and vegetable processing sector consists of businesses that process and package food, fresh fruit, and vegetables for human consumption into canned, bottled, preserved, frozen, dried (excluding sun-dried), or otherwise processed or preserved food items. This industry’s players also combine salt, sugar, preservatives, and other substances with meals, fruits, and vegetables to create consumer food items.
According to a recent IBISWorld analysis, the Global Food, Fruit, and Vegetables Processing business has seen continuous demand over the five years to 2017, as economies of all sizes continue to consume processed food. Demand has expanded especially quickly in developing nations, as industrialization has resulted in more urbanization, higher per capita income, and an increase in the population of the middle class. As the global middle class expanded, so did the desire for higher-quality, more varied food.
Revenue in the business is predicted to grow during the next five years, through 2022. As manufacturers focus on healthy ingredients and less invasive processing procedures to maintain products as organic as possible, industry demand is likely to rise.
The survey also indicated that processed foods, fruits, and vegetables are produced in every part of the world. Low-tech food, food, fruit, and vegetable processors, such as fruit driers, are found in practically every country on the planet.
High-tech, large-scale fruit and vegetable processing businesses, on the other hand, are predominantly centered in Europe and Asia. Because industrial activities have been established in these places for a very long period, allowing time for the creation of big enterprises and superior food processing technology, these continents dominate the Global Food, Fruit, and Vegetables Processing sector.
According to statistics, there are around 32,123 licensed and registered food, fruit, and vegetable processing firms in the globe, directly employing approximately 507,446 people. The industry earns a whopping $290 billion every year, with an annual growth rate of -0.1 percent expected. It is vital to note that Kraft Heinz controls the majority of the potential market in this business.
If you want to make a lot of money by leveraging the food processing business, one of your best choices is to create a food processing factory. One thing is certain when it comes to beginning a food processing business: if you can undertake market research and feasibility studies, you will most likely not struggle to sell your products since there are people out there who are willing to buy from you.
How To Download The Food Processing Feasibility Study Template PDF and Doc
Above is a part of the food processing business plan n Nigeria. In case you need the complete study, follow the procedures to download it.
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Dr. Abi Demi is a skilled technical writer and author with specialties in the martech and fintech space. Featured on Tekedia, Coin Review, Business Insider, Fintechna, Cryptocoin.news, Date 360 and several other sterling online publications, Demi is an astute technical writer that specializes in finance, marketing and technology - with over 500 published pieces across the internet ecosystem. Contact Abi Demi - [email protected]
N-Power Poultry Farm Business Plan: How to Apply for N-Power Poultry Farm
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Starting a food production business can be tricky. Before you write a business plan, take look at some sample business plans for other businesses like yours. They'll help you make sure you get the details right.
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Food Processing Business Plan in Nigeria
FOOD PROCESSING BUSINESS PLAN IN NIGERIA
This sample Food Processing Business Plan in Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions and so on.
The Food Processing Business Plan is a lucrative business that needs a lot of strategic planning to start and a business coach like Dayo Adetiloye to help you start the implementation.
Description of Food Processing Business Plan in Nigeria
Business: Food Processing Business
Industry: Food Industry
Patilad Foods Limited, is a food processing business located in Ikeja, Lagos. We are a business with the aim of adding value to our consumers through our manufacturing and marketing of tasty, and nourishing convenience foods. Our produce are categorized into Snacks, Beverages and Dairy Products. These are further subcategorized into products such as Gala, Supreme Ice Cream, Swan Natural Spring Water, Fun Time (Cup Cakes, Coconut Chips), etc.
Food Processing Business at Patilad Foods provide several types of both Manufacturing and Marketing distribution. Our joint venture food processing business focuses on Social Responsibility and value through nutritious, hygienic, and safe quality products provided to consumers.
Given the shift in processing and marketing methods of food production and distribution from its medieval processing by hand one by one and door to door, postal and offline marketing have always been the norm with food processing and marketing. In Patilad Foods, we have employed the use of not only the local processing method as done in the past but also mechanized production which aids processing on a massive scale as well as certainty of produce. We also inculcated the use of online marketing methods towards the distribution of these products. These include the use of search engines on Google, Wikipedia, Nijri, etc. We utilize social media sites such as Instagram, Twitter, Facebook, YouTube and so on. In addition we operate a responsive company website, blog, e-commerce, digital adverts and other online marketing tools with updates and out contact details for communication. Pushing online sales, indulge feedbacks on products, get new customers, expand the product reach as well as keep current customers interest.
With unique contents, and creativity, we strive for our consumers’ interests, attraction and convenience. From which its accumulation towards commercial success will aid to build a solid customer base in the country Nigeria and to the world. From which the communication and optimization of customer reviews will further grow innovative ideas and concise informative content to pick the interest of consumers as well as satisfy cravings of our consumers.
Our Food Processing methods are both original and industrialized. From the raw food materials used, to its processing, to its overall management. The whole processing method is judiciously overseen and managed as we understand the repercussion of what bad processing can lead to as well as to satisfy the quality of our products to our customers. Our products are made to allow easy transportation, consumption, distribution as well as accessibility. We strive to create consumables which do not need additional preparation before consumption. Providing food with ease and attraction while not losing all etiquette or respect while feeding.
Our consumers’ enjoyment and ease remain a primary point of focus for us which will contribute our food processing journey and financial growth. We protect our produce and assure its safety while undergoing checks under the government bodies in charge to keep our produce viable as well as trustworthy. We share dates of expirations to guide our consumers with bar codes that shows proof of safety upon consuming our products.
The benefits of our products and services:
- Improved nutritious quality.
- Easy preservation while being less susceptible to early spoilage.
- Safety which ensues shared information on expiration dates.
- Mass Production and Distribution.
- Reduction of toxins such as an incidence of pathogen micro-organisms which are generally seen in meat, when processed into products like gala is greatly reduced and mostly removed.
- Easily Affordable.
Objectives of the Food Processing Business Plan in Nigeria
Our Objectives at Patilad Foods are:
- To maximize profit with a target return of about twice the gross development produce (GDP) in Nigeria.
- To boost the storage life of processed food.
- Consistent sustainability in food availability and distribution to the masses.
- To turn raw food materials into attractive market products readily for consumption.
- To provide quality food free of contamination.
Our Goal for the Food Processing Business Plan in Nigeria
To be a top healthy food processing business in Nigeria, recognized for its superiority, creativity and integrity in food quality.
Our Vision Statement for the Food Processing Business Plan in Nigeria
To be the leading food processing and manufacturing company in West africa with quality innovative products to meet the needs and interest of our consumers.
Our Mission Statement for the Food Processing Business Plan in Nigeria
To grow our top-line products in a gross development of twice our current produce to our consumers while inculcating integrity in our business endeavours.
Management Team of the Food Processing Business Plan in Nigeria
Niyi Jacobs – is an highly skilled food processing manager with 8 years of experience in the industry. He is safety conscious and as such won five safety awards. Niyi is a strong leader that is passionate about food processing with the ability to create an enjoyable work environment that motivates employees to come to work and be as productive as possible.
He is a graduate of the Ekiti State University where he studied Food Science and Technology (FST). He will be our manager in charge of the day to day activities.
Mr Dayo Adetiloye – (B. Agric., MBA, and PMP): He has over 15 years’ experience in business management, business start-up dynamics, financial management of business and overall business growth and development. He is an alumnus of Enterprise Development Centre (EDC) of the Lagos Business School (LBS), Pan African University (PAU). He is our business development strategist and a strategic partner.
We brought to the business:
- Educational skill and practical experience in food processing business.
- Safe, nutritional and healthy foods.
- Large scale production and constant available.
- Excellent customer service delivery.
- Quality and tasty foods for affordable prices.
- Our staff bring operational, marketing and promotional skills to the business.
Management experience gained for Food Processing Business Plan in Nigeria
With over 15 years in the food industry, i have amassed the scientific, technical, practical and financial experience needed to grow the business. I have Bachelors degree (BSc) and Masters degree (MSc) in Food science and technology.
I have been able to master the technical requirements, financial management, staff recruitment and organization skills among other things necessary to give the firm good commendation from our clients.
I am a leader and I have the adequate ability and capacity to lead my company to success regardless of the situation.
My managerial skills has also helped in putting together a workforce for over 5 years, which will also help me to coordinate the team work in most aspect of the company.
I am the CEO of the company overseeing the day to day activities of the business.
Materials and Machines for the Food Processing Business Plan in Nigeria
Preparation equipments like soak/floating tank, spray washers, washing systems, sterilizers, ultrasonic cleaners, air classifiers, magnetic separators, screening separators,tungsten light, image processors, laboratory equipment, pressure systems, rotating blades, sieves, screens etc.
Mechanical processing equipments like grinding/crushes (different types of mills eg pressure mills etc), cutting/chopping tools eg knives, band saws etc, extrusion, agglomeration, forming tools, homogenizers, emulsifiers, colloid mixers etc.
Heat processing equipments, preservation equipments, packaging equipments and food quality measurement instruments.
Read Also: Tomato-Storage-Processing-Business-Plan-in-Nigeria
COMPETITIVE ANALYSIS OF THE FOOD PROCESSING BUSINESS PLAN IN NIGERIA
People buy from us because:
- Consistent availability of quality products. We never run out of stock.
- Our products are safe, healthy, tasty and the best in the industry.
- Our prices and quality are unmatched.
- Our products are easily accessed because we have distribution points at strategic places. We also make use of intermediaries like wholesale and retail stores.
- Excellent customer service and care system.
- Our customers satisfaction and health is our focal point.
Our major competitors in Nigeria are;
- Nestle Nigeria
- Unilever Nigeria
- Flour mills of Nigeria
- Chi Limited
- Dufil Prima
- Dangote Group.
For the remaining part of this business Plan, including the detailed financial analysis, call any of our business plan consultants on 08105636015 or 08076359735 or send me an email at [email protected] .
We help institutions and organisations to write concepts and implement Business Plan and also train on business Plan writing in Nigeria. We can help you write a detail, strong and winning business Plan for any use. Call any of our business plan consultants on: 08105636015, 08076359735 or Send me an email at: [email protected] .
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I’m simeon Daniel and I want to start up a food production company, I wish to get some help to know more about food production and machineries to use
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