Themed restaurants and bars are becoming the flavor of the season as the count of such bars and restaurants is proliferating in various metro cities across India with more and more families going out for dinner or lunch on a regular basis. One of the most popular segmentation under themed restaurants and bars is Sports bars. Sports bars, in particular, are very new to our country but are growing at a rapid rate. It provides a place where customers can eat, drink, and socialize while watching the latest sports events, gaming, and enjoying music gigs. As young, working population get accustomed to a global taste and tradition, they are willing to pay a higher price for the experience. The country’s foodservice space is triggered by multiple growth drivers such as changing demographics, changing lifestyles, awareness about liquor options, and urbanization. All these social and economic reasons are contributing to how the eating and drinking out perception is evolving in the country as a consumer are shifting towards fine dining, imported spirits and wine as opposed to conventional beverages.
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Wednesday, 5 August 2020
Friday, 31 July 2020
How to process QUINOA? [Profitable Food Processing Business]
In India, quinoa farming has a bright future due to varied climate in the country. Quinoa is considered as an alternative crop in the drought-affected region for its ability to grow with less water requirement and extreme climatic conditions. A key feature of quinoa is that the grain, leaves, and inflorescence are all sources of high-quality protein. It is considered one of the most complete foods available as it contains all 9 essential amino acids and other minerals like calcium, potassium, magnesium, and iron. It is GLUTEN FREE which makes it a perfect food for Gluten intolerant people, like Celiac. There are several products derived from quinoa, such as puffs, flour, pasta, flakes, granola, energy bars, etc. Due to its nutritional content, quinoa is an important food crop in eradicating hunger and food security in undeveloped areas of the world. Currently, the demand for organic quinoa is increasing among manufacturers of organic food and beverage, personal care and cosmetics, and others.
Thursday, 30 July 2020
How to start MORINGA LEAVES Powder Business? - BUSINESS PLAN
Moringa is the fastest growing, drought-resistant shrub, also known as drumstick tree. The nutritional benefits of Moringa and its products are emerging in the global market. Products produced from the leaves and seeds have high nutrient content and have many surprising benefits of including it in our daily diet. Moringa contains more than 92 nutrients and 46 types of antioxidants. It has almost all the vitamins found in fruits and vegetables in a larger quantity. Moringa is a valuable tree, and almost every part of the tree offers tremendous benefits. Over the past few decades, moringa products have seen a significant rise in demand, which includes moringa leaf powder, moringa fruit powder, moringa capsules, moringa dried leaves, moringa oil, moringa seed cake powder, moringa lotion, soap, and moringa tea. Moringa processing business is one of the trending Agro-Businesses around the globe which has high profitability with low investment. There is an increasing demand for good quality Moringa Products in many developed countries.
Friday, 24 July 2020
Start FOOD TRUCK Business and get approx. 25-30% Profit Annually
The increasing demand for snacks and quick food in urban areas has made the restaurant sector more popular. Everyone is trying hard to match and innovate new models, and factors like growing online food ordering and increased demand for on the go food are supporting these types of businesses. Food Trucks are one of the successful trendsetters of these types. Starting a food truck requires a passion for food and core hard work along with an attractive product portfolio and few permits and licenses. In the speedy city life, fast foods have generated a huge fan base, mostly in the age group of 14 to 45 years. The food trucks have become a buzz word in the global market, attracting Indians as well. Food trucks are gaining customer's attention mainly in metropolitan cities. Starting a food truck is easier as it requires a relatively small amount of capital than any brick and mortar restaurant. Moreover, location is a prime factor while setting a food truck. Targeting crowded places in cities can make this idea into a profitable business venture.
Wednesday, 22 July 2020
How to start Mystery Shopper Business?
Mystery shopping is an industry-wide accepted method of evaluating and measuring customer experience, operational standards, compliance with legal requirements, brand perception, quality of service. Most of the time organizations hire Mystery Shopping Companies to get unbiased views on their products and services. Mystery shoppers visit the location pretending to be a customer and make careful note of things which has been asked to measure. The data is then handed over to the mystery shopping agency, who compiles and analyzes the gathered information to help their clients measure and improve their operations and customer experience. The profile of a mystery shopper is kept anonymous which is usually maintained in a large database segmented by income, preferences, age, seniority, and requirement. Mystery shopping and audit can be conducted on a wide variety of service-based businesses including retail stores, restaurants, banks, apartments, wherever customers’ service, and their experience is considered an important asset.
Sunday, 12 July 2020
HOW to set up BABY FOODS Manufacturing Business? [POTENTIAL PROFITABLE Business]
In earlier days, home-cooked food was served to the babies. But due to some limitations in time peoples are preferring Commercially Manufactured Baby Foods, even doctors recommend such products for better nutrition. Baby food or Infant foods are soft foods that are specially developed for babies to toddlers between six months to two years, are better options for toddlers than regular food and can be produced in different varieties, flavors, etc. Newborns lack teeth and developed muscles and are dependent on mother’s milk as their diet for proper growth and development. Infant formula and baby foods offer a good source of nutrients for them. Infant formula can develop a replacement for breast milk and targets infants below 12 months. Whereas, infant food is produced by using fruits, vegetables, cereals, etc. for commercially manufacturing foods in powdered, liquid, concentrated and Ready to Feed form and are provided to babies when breast milk or formula becomes insufficient appetite. There is a huge potential for newly developed food types for infants including baby soup, bottled baby foods, snacks, frozen baby foods, etc. The demand for baby food products is growing in the market considering the rising population, the growing number of working women, especially in the metropolitan cities, increasing parental concern regarding the nutrition of their kids.
Friday, 10 July 2020
Cloud Kitchens/Ghost Restaurant - Trending Business Model in the Restaurant Industry
Cloud kitchen, also known as virtual eateries or ghost restaurant, is a food service establishment that offers takeaway only. The increasing competition in the restaurant industry is real which comes with expensive interiors, high rents, and rising costs. A cloud kitchen saves one from all these expenses by excluding the dine-in option and saving from the cost of space, furniture, and ambiance, reduced time in order processing, and allowing to provide quicker deliveries along with reducing the wastage of food. Generally, Cloud Restaurant accepts orders through various food delivery platforms but they can also have their own website or mobile application for placing orders online. As a matter of fact, the cloud kitchen relies solely on its online presence to draw in customers. Owing to the promotional offers and discounts, and the advent of the internet and smartphones, the Indian online food ordering market is growing at a CAGR of 16% which is acting as a major factor for the rise in the number of cloud kitchens.
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