Dairy Farming is an easy business for those who believe, learn and work hard. This is because dairy is done by a farmer, who in most cases is not much learned & has been doing this business for quite a lot of years & is making money. However, the main constraint in dairy farming is that following the traditional methods in everything viz. feeding & management (which comprises more than 60% of the farming costs) by virtue of which it is not in profits but making both ends meet along with little help from his agricultural income. This business is easy providing you stability. The people who are aware of the basics & able to apply scientific methods which can help improve the overall profitability. At the same time, it must be understood that diary has to be closely observed as there is no holiday in dairy farming.
The egg is the most nutritious natural product enriched with protein, vitamins, and minerals. Today, India is the third largest egg producer in the world (after China and the United States of America), and the nineteenth largest broiler producer. Currently exporting table eggs, egg white powder, and egg yolk powder to about 30 countries. The Egg Powder is made in a spray dryer in the same way that powdered milk is made. It is used in fast food preparations, ice-creams, cakes, cookies, noodles, doughnut etc. In fact, it can replace the use of fresh eggs in these food items, which would offer convenience and ease of handling as against shell eggs. The egg powder is a growing sector of the poultry industry. The Egg powder is one most potential, profitable and feasible products for domestic and export market. It is quite stable and has long shelf life. There is enough scope of an egg powder manufacturing plant with a suitable capacity.It has a wide range of uses from your home kitchen to bakeries and also by our military soldiers. As in the near future, Egg Powder can be a daily used food supplement.
Peanut butter is popular in USA and other Western countries as well as countries which have US influence like South Korea, Philippines, Thailand, India, etc. It is consumed in large quantities in those countries and has good potential for export and the untapped domestic market as the product is relatively new for India. The consumption rate of Peanut Butter in India is increasing day by day. India export about 90% of the manufactured peanut butter to other countries and sells only 10% of it in India. Peanut butter was marketed as a nutritious food for people who could hardly chew solid food materials.There are many types of peanut butter, from organic to reduced-fat. They are Organic, natural, processed, and reduced-fat peanut butters.We analysis that organic peanut butter is a healthier choice because it does not have as many added sugars, is higher in protein, and contains beneficial compounds such as folate.
The Food and Beverage service industry together is one of the most vibrant service industries within India with over 25% yearly growth. Although predominantly concentrated in the unorganized space, with the advent of foreign and Indian restaurant chains, the organized market is likely to expand quite rapidly. Amongst the various segments within the restaurant sector, Quick Service Restaurants and Casual Dining Restaurants constitute the largest categories – combined they constitute more than 77% of the overall market. The combined F&B service market is worth INR 204,438 crore, growing at compound annual growth rate (CAGR) of 23-24% and is expected to touch INR 380,000 crore by 2017.Brands/ chains of both Indian and MNC brands are still less penetrated and there exists a large opportunity in this space to create bigger restaurant chains. The maximum growth being witnessed is still in the standalone restaurant space where local tastes along with uniqueness of concept are the key deciding factors. Quick Service Restaurants and Casual Dining Restaurants constitute the largest categories – combined they constitute more than 77% of the overall market.Brands/ chains of both Indian and MNC brands are still less penetrated and there exists a large opportunity in this space to create bigger restaurant chains. The maximum growth being witnessed is still in the standalone restaurant space where local tastes along with uniqueness of concept are the key deciding factors. Quick Service Restaurants and Casual Dining Restaurants constitute the largest categories-combined they constitute more than 77% of the overall market.
India is the second largest producer of fruits in the world and ranks first in the production of banana and mangoes. Ripening is the process by which fruits attain their desirable flavour, quality, colour, palatable nature and other textural properties. Ripening is associated with change in composition i.e. conversion of starch to sugar. On the basis of ripening behaviour, fruits are classified as climacteric and non-climacteric fruits. Used Ethylene which is natural hormone for ripening under controlled temperature and relative humidity conditions.
The Government in the recent policy on Second Green Revolution has announced encouragement in terms of subsidies and soft loans for the entrepreneurs who are planning to invest in this sector.The country‘s annual production is approximately 32 million tonnes, which accounts for 8 per cent of the total fruit production of the world. Million tonnes of banana are India, accounting for over 20 percent of the world‘s banana production. The post harvest losses of fruits in our country are as high as 35-45 per cent. Now, there is an imperative need to develop technologies to overcome post-harvest losses of fruits in India.
It is a best and convenient source of high quality proteins, soymilk is one of the most popular & most consumed beverage of Asian countries. Soy milk holds all the nutritional value, which is similar to cow’s milk, but free of cholesterol, gluten, lactose and, favorable phytochemical compounds which are healthy for human consumption. Soymilk has drastically spread its popularity to Western consumers in European countries, Australia and the United States, where soy foods have gained acceptance and are recognized as a healthy alternative to animal products. Especially among vegetarians, milk allergy patients or people of lactose-intolerance, they use soy milk as a dairy alternative.
This report was mainly prepared, to analyze the feasibility of soymilk and products processing unit in Indian Food industry. As the market research states that, 9.73% supply deficit throughout India. It clearly shows the business potential. The major hurdle with India is awareness of soymilk and affordability (current pricing strategy) of soymilk and products. There are many established national as well as regional brands but they have captured mainly the urban and elite markets and for a quality product, there is a vast market which can be penetrated by offering competitive prices.
The Indian Food and Beverage (F&B) service Industry is one of the most vibrant industries that has seen unprecedented growth in the recent past and continues to expand rapidly. This can be attributed to the changing demographics, increase in disposable incomes, urbanization and growth of organized retail. The number of potential consumers of beer increases by about a million people a year only due to the balance of growth/loss of population and thirst for newest kind of beer is ever increasing among the youth population where in this “Beer Café (Micro Brewery)” concept thus becomes more exciting opportunity. In this study, we have analysed and explained the business environments and opportunities related to beer café that can be profitable if executed properly with planning and strategies. Indian beer market is dominated by United Breweries capturing over 50% of the market followed by SABMiller with around 25% and Carlsberg with under 10% of the market share. The industry today boasts of an array of high quality varieties that were not even thought about 7-8 years ago. High growth rates and relaxation of rules on foreign direct investment in the last decade has attracted foreign investment in the beer sector.Indian beer consumption patterns have changed radically in the last few years, most of it attributed to the advent of foreign brands in Indian beer market.
The protein concentrate contains approx. 60 -70% and protein isolate contains approx. 90% of the pure form of protein extracted from the soybeans. Both the powders are being used as a protein supplement especially for athletes, body builders, vegetarians, and has gained a wide application in various beverages, dairy and infant foods industry due to its different nutritional properties. The Soy Protein Concentrate is prepared from dehulled and defatted soybeans by removing water-soluble, non-protein constituents. The three different methods are used to extract soy protein concentrate: Acid Leaching, Extraction with Aqueous Alcohol and Moist Heat Denaturation.
The soy protein is extracted from the natural plant seed Soybean, thus free from the lactose content and can be consumed by the vegans. The SPC contains approx. 60-70% of pure protein content & SPI contains approx. 90% of pure protein.On another hand, some group/class of India wants a value-added product frequently to cater their desire towards health & fitness, leads the creation of a new market of Protein Food Supplements. The neutralized protein concentrate prepared by Acid Leaching process have a higher water-soluble protein content than those prepared by either alcohol leaching or heat denaturation techniques.
Cashew is cultivated mainly in the Asian, African and Latin American zones. As it can adapt to varied agro climatic conditions, it has become a crop of high economy and commercial value. The cultivation and marketing of cashew nut involve a considerable amount of manpower and hence play a vital role in the economic activities in India. India is the second largest producer and exporter of raw cashew in the world. Cashew nut is a cash crop that grows well in Indian tropical climate. Indian cashew processors have travelled a long way from traditional to modern cashew nut processing. Economic analysis of cashew nut processing plant showed that, if the plant be operated with full capacity and efficiency then there would be profit of 1329.07 per day, excluding all expenses.
The growth and performance of cashew nut production is increasing day by day. Cashew nut processing is a very competitive but also a potentially lucrative activity that can and should be exploited by more small-scale processors.
Amla is also known as Indian Gooseberry or Himalayan Gooseberry and in scientific terms it is called Phyllanthus Emblica or Emblica Officinalis. It is one of the important cash crops in India, where it is mostly used by pharmaceutical companies because of its richest source of vitamin- C (700mg per 100g of amla). Mostly business will deal with plantation and extraction of amla in commercial scale. The health benefits of amla can be partially attributed to its high vitamin-C content. It has business opportunity to grow due to no commercial and large scale amla plantation and amla powder manufacturing units in the country and the growing demand for healthy food with the change in the living standards of the people.
Amla enhances food absorption, balances stomach acid, fortifies the liver, nourishes the brain and mental functioning, supports the heart, strengthens the lungs, regulates elimination of free radicals, enhances fertility, helps the urinary system, increases skin health, promotes healthier hair, acts as a body coolant, flushes out toxins, increases vitality, strengthens eyes, improves muscle tone and, acts as an antioxidant. Seventy per cent of amla produced in India. Amla is a highly profitable cash crop and it’s processing having great business opportunity to grow because of its extended range.
India leads the world in betel nut production, with most of the plantation in Southern and Eastern regions. Processing of betel nut yields many important products including supari, pan masala, ropes & brushes, tannin etc. are all indigenously available. The world production of betel nut showed a substantial increase during the last decade along with the area under cultivation. Apart from domestic consumption, betel nut is also exported to Nepal, UK, Singapore, Maldives, Saudi Arabia, Russia, Thailand, Australia, USA etc. mainly for the Indians settled abroad. As a whole total utilization of betel nut in commerce will be a good profit making industry. It is normal that after having food in India people use areca nut along with the betel leaves as a digester in small quantities. Betel nuts are abundantly found in the N.E. Region and are extensively used.
Conversion of betel nut to supari confers substantial value addition to the extent of 80% of the cost.
Bio fertilizers is a form part of the bio agriculture. Bio agriculture is an emerging scientific area which is useful for breeding nutritious, high-yielding and less resource input demanding crops. Bio fertilizers are artificially multiplied cultures of certain soil organisms that can improve soil fertility and crop productivity.Bio Fertilizers can be categorized into three major classes: Nitrogen- fixation, Phosphorus-solubilizing, K- Solubiliser. The market growth in this region is attributed to growing demand for organic food as the organic industry is dependent on chemical-free crop protection products to safeguard crops. Bio agriculture is the third largest sector of the Indian biotech industry. In addition to GM seeds, bio fertilizers, bio pesticides are also Contributing to the growth of the Indian agri-biotech market.
Coconut was earlier grown in specific region of the country but today the special qualities of this crop has been grown in almost all the regions across the country. In the past, coconut was cultivated for limited uses like copra and coconut oil and was confined to domestic requirements. The trend changed steadily and more positively, towards product diversification and exploring new end uses for coconut & its products. Today there is ample scope for the development of coconut industry all over the world. The latest improvements in processing sector and preference for processed instant foods and convenience oriented products created a wide global market.
Processed coconut foods and beverages like edible copra, desiccated coconut, defatted coconut powder, coconut milk powder packed tender coconut water, coconut vinegar, coconut jam and skim milk based beverages are a few highly nutritious food and health drinks that are consumed by one and all across the globe. Coconut processing presents an impressive scenario in the years to come in all coconut growing countries especially in a country like India with a huge population of more than l billion. Consumption pattern of coconut products reveals that 60% of the coconut production is consumed as raw nuts in the households for making sweets, in preparations of fish, meat and chicken, gravy, top dressing in cakes, ice creams and in various other household preparations.
Coffee and tea are booming in popularity throughout the world. Meeting this escalating demand for new convenience products – in forms such as ready-to-drink beverages, iced mixes and quick-soluble products – results in almost countless commercial opportunities. The main tea-growing regions are in Northeast India (including Assam) and in north Bengal (Darjeeling district and the Dollars region). Tea is also grown on a large scale in the Nilgiris in south India. India is one of the world’s largest consumers of tea, with about three-fourths of the country’s total produce consumed locally. However, despite meagre per capita consumption, the total consumption in India is among the largest in the world due to its huge population base.
Tea exports from India stood at 101.04 kg, valued at US$ 306.9 million in April-September 2016. World coffee production is about 9 million metric tons per year and top producers include Brazil, Vietnam, Colombia, and Indonesia. Tea production is about five million metric tons and leading tea producing countries include China, India, Kenya, and Sri Lanka. In India, average per capita consumption of tea is around 0.7 kg, compared with 3 kg in Ireland, more than 2 kg in U.K., Turkey, and Iraq, and around 1 kg in Sri Lanka and Pakistan. The domestic tea consumption has increased from merely 73 million kg in 1951 to 890 million kg in 2013. During the period of CY 06-13, tea consumption in India grew at a CAGR of 2%.
India is the largest producer of fruits and second largest producer of vegetables in the world. All fruits and vegetables require specialized post-harvest treatment, appropriate temperature and relative humidity for their storage. The cold storage will ensure the increased availability and improved quality of high value perishable fruits and vegetables for both export and local sale, which would otherwise perish or deteriorate. Cold storage prevents spoilage of perishable commodities like Potato, Apple, Oranges etc., making them available off-season and in places where they are harvested. In spite of that per capita availability of fruits and vegetables is quite low because of post harvest losses which account for about 25% to 30% of production. Because of technology advancement and logistic strategies, the cold storage of perishable items has become an important stage in the distribution between manufacturers/processors and retail locations.
Corn flakes are healthy and nutritious food. The food is popular in the both developed and developing countries. Apart from popcorns, this is one of the most popular commercial items, produce from maize. Additionally, it is a very popular food for breakfast. Generally, people take this food with warm milk and it acts as the appetiser also. Besides the good taste, crispy nature, corn flakes are also popular because of their friable texture and blend flavour. The demand for ready to eat food is increasing very fast. Additionally, people are looking for the healthy diet. Therefore, a change is taking place at the breakfast table of an average urban Indian household. The hustle and bustle around the first meal of the day keep the packaged breakfast foods mart on the edge. And most important, the food is just ready for consumption with no cooking requirements. This is the major reason the demand for the corn flakes is increasing rapidly. Therefore, starting a corn flakes manufacturing business is a lucrative venture for the entrepreneurs.
The global market for custard powder products can be segmented on the basis of geography, distribution channel, and product types. As more Asian population is embracing western food trends, the demand for custard powder-based recipes has been escalating in various countries. By product type, the global custard powder products market can be segmented into conventional custard powder products and organic custard powder products. Custard powder is a popular dessert item and it is used in the preparation of sweets, pies, cakes, ice-creams, and other desserts. Custard is not only a tasty snack for people of all ages, but is also packed with calcium and protein. Egg custard (crème analgise), baked custard, refrigerated custard, and pastry cream (crème patisserie) are some commonly used forms of custard in western countries. Custard powder is used as a thickener in a wide range of food products. The Custard powder is one most potential, profitable and feasible products for domestic and export market. There is enough scope for a custard powder manufacturing plant with a suitable capacity.
Diabetic diet refers to the diet that is recommended for sufferers of diabetes mellitus. The number of people with diabetes in developing nations is expected to rise 69% by the year 2030 – outpacing even the ‘pessimistic scenario’ forecasts of earlier global disease models. In 2007 around 23.6 million Indians, had diabetes. Another 57 million Indians have what is called pre-diabetes, in which individuals have higher than normal blood glucose levels, but not enough to be classified having diabetes. Many of these individuals will be diagnosed with diabetes in the future and also have a higher risk of developing heart disease and having a stroke. The market opportunities for bulk, intermediate, and consumer diabetic foods are significant. The overall size of the diabetic packaged food market reached US$ 282.9 in 2009.
In the global market today, there is a clutter of diabetic snack bars such as those with uncooked corn-starch to prevent hypoglycemia (low blood glucose level) or with resistant starches to reduce hyperglycemia (high blood glucose level). These bars also contain fiber and sugar alcohols. There are also ‘diabetic’, ‘low carb’, ‘diet’, or ‘light’ drinks, green teas, jams, spreads, cakes, pies, and desserts, adding to the crowd of options available. As the number of consumers with diabetes rises, naturally healthy foods, in both packaged and non-packaged formats, will also benefit from diabetic trends. It has good export scope though there is a growing good indigenous demand of the food. Global Diabetic Food market to grow at a CAGR of 10.43 percent over the period 2013-2018.
Energy drinks are widely consumed by adolescents as the products claim to improve performance, endurance and alertness. Increased urbanization, rising disposable income and growing health consciousness among the Indian youth has increased the demand for non-carbonated drinks. At the same time, long and erratic working hours and the trends of social gatherings are driving Indian consumers towards the consumption of energy drinks, which are primarily classified as non-alcoholic, caffeinated beverages. However, health concerns regarding high sugar content restrict growth, which also serves as an opportunity for manufacturers to use innovative ingredients and products. Canned and bottled energy drinks hold a major market share in India. The market size of energy drinks in India is estimated at about Rs 700 crore, growing 20-25% year-on-year. The energy drinks market in India is at a nascent stage and it has huge potential for growth. Energy Drink Production unit has a great business potential to grow due to changing consumers drinking habit.
Flavoured water is a beverage consisting of water with added natural or artificial flavours, herbs and sweeteners, and is usually lower in calories than non-diet soft drinks. Potentially Flavoured water can promote a healthy lifestyle as the flavours make people consume more water, which will make them healthy. Demand-supply scenario suggests that the flavoured water industry has great potential for investment. The introduction of flavoured water into the bottled industry is to diversify business and at the same time to satisfy the growing consumer needs by introducing value addition to the Drinking water. It is expected to serve as a refreshing alternative to sodas, colas, juices and other sweetened beverages. There are historical evidences that Indian Maharajas drank water with Indian Herbs to stay healthy and fit. Flavoured water is the new phenomenon that is likely to take the Indian beverage industry by storm. Many units have understood that it makes complete business & economic sense to produce flavoured water as they have a very narrow scope for growth & prosperity in their existing packaged drinking water business.
A fact supported by growing number of water processing units venturing into producing flavoured water in India. The rapidly growing market for packaged drinking water comprises 90% and natural mineral water 10% of the total market just leaving enough space for launching new flavours of drinking water for new entrants. There is a very good scope for this product and it is the right time for new entrepreneurs to venture into this field.
Fast food service market in India has tremendous growth in recent year. As increasing the number of fast food consumers, players have an opportunities to capture the large consumer base. Indian fast food market is expected to grow at CAGR of 18% by 2020. It is constantly increases due to changing consumer behaviour and globalisation. Fast casual dining restaurant have tremendous market share in last 12- 15 years. Many of Indian people prefer ethnic fast food every day and market share in India is projected to grow at a CAGR of 31% in next 5 year. Fast food market is increase due to rising disposable income level, increasing urbanisation & adaptation of western culture, increasing organised food retailing and many more reasons.
The Indian PDW processing industry is small compared to the huge amount of water available in India. Only 17 % of the potable water get processed in India. The pouch & 1 lit bottle category has seen rapid growth in the last few years. According to BRIC report published by Goldman Sachs, India will be the 2 largest economy after China by the year 2035. Implementation of packaging standardisation norms appears to be the big challenge. The Tier 1 cites showing higher growth in promising and emerging markets in Packaged Drinking Water.
Global bottled water market increased by 40-45 per cent over the past five years currently valued at around US$ 85-90 billion. Indian bottled water market is around only 2 percent of global bottled water market.
Although few companies have already entered in the bottling of safe potable water and mineralised water, but still huge gap is there in between demand and supply at all metropolitan- cities and towns. As the market research states that 30-40 % supply deficit through out India, it clearly shows the business potential.
Fruits and vegetables are healthy, flavourful and nutritious components of our diets and are often most attractive and health-promoting when harvested at their peak maturity. fruits and vegetables are rich sources of many vitamins and minerals, as well as fibre. As per research, the intake of nutrient-dense foods like fruits and vegetables should be increased to meet the needs for a healthy and balanced diet. A variety of healthy fruits and vegetables are rich in key nutrients associated with reduced risk of many chronic diseases, including cardiovascular disease. Developing markets like India and China showing as much potential as the developed markets like Europe and the United States. The global frozen fruits and vegetable market will grow at an annual rate of 5.34% and reach 751 million tons by 2027. The growth percentage of frozen fruits and vegetables is still much lower than the overall market consumption of fruits and vegetables.
Online restaurant search, take away centre and food delivery services is an amazing business idea. It is trending across the world and the popularity is staidly increasing. The demand for quick access to food and one with affordable rates is on the rise. The way of people living is changing drastically with changes in routine, lifestyles and food habits. The online food delivery and take away centre are such a latest service that the availability pf market opportunities is ever flowing.
Another factor of the take away centre and food delivery services is the small amount of investment is needed to start the food business. E- commerce in India is expected to grow $2.9 billion in 2013 to $1000 billion by 2020, making it fastest growing E-commerce market in the world. Online food delivery business and take away business are easy to start and run. Increasing the population in metro cities, consumer prefer to eat food at home. Due to their budget and low risk factors, it attracts all the young entrepreneurs.
Dehydrated fruits & vegetables project is a new product of value addition series where the shelf life is increased & space for storage is reduced along with easy transportation. Dehydrated fruits and vegetables plant is managed efficiently, we can earn good revenue in the form of foreign exchange by exporting dehydrated fruits & vegetables. Dehydrated products have potential market nationally and internationally. Dehydration is a process by which shelf life of the vegetables or fruits can be extended by evaporating water while preserving the taste.
Dehydrated products can be used during off season and the fresh produce of far of places can be saved from decomposition due to severe weather conditions and inefficient transport facility. Global dehydrated fruits and vegetable market are estimated to reach CAGR of about 5.6% during the forecast period (2017 to 2022). India now ranks third in the production of Dried and Preserved vegetables.
Ice – Cream is one of the delicious and tasty item, which is very popular worldwide. Ice–Cream is usually made from the dairy products such as milk and cream and often combine with fruits or other ingredients and flavors. A simple technology are involve in production, easy availability of machinery and easy handling are supporting factor for any new entrepreneur, institutes and cooperates. Indian ice cream industry is one of the fastest growing segments of the dairy or food processing industry. Market in India is estimated to be over INR 4,000 crores, and is growing at a rate of 15-20% year-on-year. Key player in ice cream industry are AMUL, Vadilal, Hindustan Unilever, Mother Dairy, Nestle and London Dairy. With the growing consumer base increasing disposable income, and greater trend toward eating-out consumer are more attract with Frozen Dessert.
Baby cereals are the fastest growing segment as mothers prefer to feed grain cereals to their babies after 6 months of complete breastfeeding. Follow-up formula based products are desired for babies aged above 6 months and expected to grow with the forecasted CAGR of 16.86% during 2016-2021 as by “Indian Baby Food Outlook 2016-21”. The Indian infant food market is segmented mainly into infant milk formula, baby cereals, follow-up formula and other products (baby juice, baby soup, and prepared baby food products). The Indian Infant Foods market is dominated by Nestlé India, by its 6-different brands of products targeted for different age groups. As analyzers, we have identified a low penetration in the organic infant food category, due to fewer players.
After analyzing the infant food market in India, there is a huge market gap in the organic baby’s food industry. There are many players like Nestlé and Amul, but they are focused on non-organic food packaged products. As per the “Infant Food Outlook, 2016-2021” Indian infant food industry is growing at a CAGR of 16.86%. As India is considered as a developing country; baby food market completely runs on the recommendation given by family/friends or health physicians. If we can target marketing not only to the parents but also to the health physicians and doctor, it proves to be a better push & pull strategy.
Agriculture is the main sector of Indian Economy. Around 65 percent of the businesses are directly or indirectly dependent of agriculture sector. Out of total GDP around 13 percent GDP comes from agriculture sector. Tourism is termed as instrument for employment generation, poverty alleviation and sustainable human development. Medical tourism is part of health tourism and covers medical services (including medical spa). Rural areas are treasure of information about herbal medicine and traditional medication techniques. The world tourism organization has estimated that the tourism industry is growing at the rate of 4 percent a year. Whereas Indian tourism industry is growing at 10.1 percent. Medical Agro tourism industry in India has a lot potential to develop the rural India.
The tourism sector is one of the major foreign exchange earners for country. Agro Tourism means facilities which combines rural settings with agricultural products for medical purpose. Modern lifestyle has made life stressful an average life span has come down. Hence, people are in constant search of pro-nature means to make life more peaceful. Ayurveda which is a pro-nature medical approach has roots in villages. Indigenous medical knowledge of villagers is respected. These traditional healing practices attract both domestic and foreign tourists and promote rural health tourism. Health conscious urban population is looking towards pro-nature villages for solutions.
Non Dairy Milk Production industry has grown strongly over the past five years. This growth has been primarily driven by higher health consciousness in terms of food consumption, which has caused non-dairy milks to become increasingly popular. Soy milk dominates the industry, due to its long- standing position in the industry and many food- services establishments making use of soy milk. However, demand for Soy, almond, oat and rice milks has also grown strongly, aided by the perceived health benefits associated with these products. It is a best and convenient source of high quality proteins, soymilk is one of the most popular & most consumed beverage of Asian countries.
Milk is obtained from primarily from cattle, sheep and water buffalos and therefore milk and dairy products value chain includes many actors from stockbreeders to consumers. Raw milk is collected by either milk collection centres or directly factories from stockbreeders, pasteurized and processed and then the processed milk and dairy products are brought to the consumers through wholesalers, retailers and open markets. The increased availability and accessibility of these dairy substitutes have helped drive consumption over the past decade, which has benefited the industry.
Online Grocery business provided flexibility and enhanced shopping environment to the customers. Customer demand for online grocery shopping steadily increasing. The vendors of different items of different brands can sell their product under one window. The demand for quick accessing and easily available goods with affordable rates is on the rise. Large number of suppliers are available in the industry make it easy to procure the goods. Online Grocery Business will help in managing the huge inventory and real estate costs which could further help them in bringing down the prices offered to customers in order to be more competitive. Market opportunities for online grocery business is continuously growing.
According to KPMG Report on Indian Retail, overall size of Indian Retail Market is INR 31 trillion ($534 billion) in 2013-14 and is growing up to INR 55 trillion by 2018-19 with CAGR of 12-13%. The current growth rate of retail industry is around 15% which is higher than the growth rate of Indian GDP. Hence there is a huge potential for organized retail in this industry which is also evident from its growth rate in last 5 years. According to report, it is expected that by 2020, around 650 million customers will be online and e-commerce market will grow to $45-50 billion. The penetration of E- Commerce in India retail industry (valued at $550 billion) is just about 0.4 percent. Grocery accounts for around $350 billion of the overall retail in the country.
Online house keeping services is an amazing business idea. Today people are warming up to the idea of such start – ups fulfilling their daily house keeping demand. It trending across the world and the popularity is staidly increasing. It has a good opportunity for this kind of services because almost every house required maid or other housekeeper for make life comfortable. Many e-commerce start-up are tapping into this window of opportunities. The market may be crowded with a lot of existing players in this sectors due to its increasing demand.
The way of people living is changing drastically with changes in the routines and lifestyle because of many factors including conveniences, access to selection and attractive pricing. According to a report published by research and market, the e-commerce industry in India is expected to grow at a CAGR of 40% from US $5.9 billion in 2010 to US $ 34.2 billion in 2015. The online housing services is such a latest services that the availability of market opportunities is ever flowing.
People nowadays are becoming more health conscious and are always ready to try on with different products and services that are safe, easily available with affordable rate. Online Milk Distribution Business has a great market potential. It is trending across the world and the popularity is staidly increasing. The demand for quick access to Milk and Milk Products, and one with affordable rates is on the rise. The online milk distribution is such a latest service that the availability of market opportunities is ever flowing. Another gripping factor of the online milk distribution services is that it require the small amount of investment needed to start the business. The changing urban lifestyle of the average Indian is dramatic enough to be favourable for the food-on-the–go and quick home delivery business to grow at higher rates.
According to a report published by Research and Markets, the e-commerce industry in India is expected to grow at a CAGR of 40%, from US $ 5.9 billion in 2010 to US $ 34.2 billion in 2015. Many e-commerce start-ups are tapping into this window of opportunity. They are procuring milk directly from the farmers and delivering them right to your doorsteps. The growth of such online business companies in India is increasing day by day. Online milk distribution business is easy to start and run. Due to their budget and the low risk factors, it attracts all the entrepreneurs.
India is currently second fastest growing processed meat and fish market globally with a CAGR of 22% as per a new research from global market intelligence agency. Indian market for perishables fish and meat is estimated at $250 billion. With a long coastline, numerous rivers and water bodies, and a sizeable population that eats non- vegetarian food, India has always had an appetite for seafood. Now days, ecommerce is growing 10% annually and with this gigantic growth coming across new businesses. Online Meat, poultry and fish markets business is increasing due to its convenience. Advancement of e-commerce in India significantly opened an area in to market most of the products which can reach almost everybody. The market is large enough for a number of players and demand is growing continuously. Online meat and fish business provides its customers the freedom to select from over 90 SKUs (fresh chicken, mutton and seafood). Indians now focusing on health and diet, the demand for fresh meat is rising. Ten years ago, majority of the fish catch in the country was exported. However, with growing incomes and enhanced affordability, India today consumes 90 per cent of the fish it catches and the rest is exported.
Online Household Service is an amazing business idea. Today people are warming up to the idea of such start-ups fulfilling their daily household demands. It is trending across the world and the popularity is staidly increasing. The market may be crowded with a lot of existing players in this sector due to its increasing demand. It has good opportunity for this kind of service because there are at least 10-15 million households with this need today in India and each would typically spend anywhere between Rs. 6,000 to Rs. 10,000 a year on any of these services like plumbing, electrical or carpentry. The way of people living is changing drastically with changes in routines and lifestyle because of many factors including convenience, access to selection and attractive pricing.
According to a report published by Research and Markets, the e-commerce industry in India is expected to grow at a CAGR of 40%, from US $ 5.9 billion in 2010 to US $ 34.2 billion in 2015. Many e-commerce start-ups are tapping into this window of opportunity. They are procuring employee and send directly to your doorsteps with particular verifications. The growth of such online business companies in India is increasing day by day. Online household service business is easy to start but it required systematic planning and management. Due to their budget and the low risk factors, it attracts all the entrepreneurs. The online household service is such a latest service that the availability of market opportunities is ever flowing.
Online Doctor search is an easily understanding and eye catching graphics to help consumers quickly find doctor-specific information.Users who are looking at multiple doctors by making the search process more seamless and easier to use. It making medical board websites useful, usable, findable, desirable, accessible, credible and valuable. It gives all including information about the doctor’s background, current and historic information. Compile all information on the physician profile, minimizing a user’s need to go to multiple places to find it. In addition to asking friends, family and other trusted health professionals, many of us will turn to the Internet to search for information.
One place to look online for information about doctors is on every state’s medical board website. This is a web based application that overcomes the issue of managing and booking appointments according to user’s choice or demands. It build an environment where various patients needing doctor help at their home can consult doctors, send their images(for skin diseases/beauty related issues), chat with doctors, tell then their issues and discuss remedies. Online Doctor Consulting business helpful to urgent cases that do not reach hospital, for emergency cases that do not have doctors in area, during late night emergencies and also for preliminary examination of patients.
Online Fruits, Vegetables and Milk Portal Services are an amazing business idea. It is trending across the world and the popularity is staidly increasing. The demand for quick access to Fruits, Vegetables and Milk, and one with affordable rates is on the rise. The way of people living is changing drastically with changes in routines, lifestyle and food habits. The online fruits, vegetables and milk are such a latest service that the availability of market opportunities is ever flowing. Another gripping factor of the online fruits, vegetables and milk portal services require the small amount of investment needed to start the business. The changing urban lifestyle of the average Indian is dramatic enough to be favourable for the food-on- the–go and quick home delivery business to grow at higher rates.
According to a report published by Research and Markets, the e-commerce industry in India is expected to grow at a CAGR of 40%, from US $ 5.9 billion in 2010 to US $ 34.2 billion in 2015. Many e-commerce start-ups are tapping into this window of opportunity. They are procuring fruits and vegetables directly from the farmers and delivering them right to your doorsteps. The growth of such online business companies in India is increasing day by day. Online fruits, vegetables and milk portal business is easy to start and run. Due to their budget and the low risk factors, it attracts all the young entrepreneurs.
An online pharmacy is an Internet-based vendor of prescription drugs, and the term encompasses both legitimate and illegitimate pharmacies. Now days, e-commerce is growing 10% annually and with this gigantic growth coming across new businesses. The sale of medicines outside the regular retail pharmacy is not new. The annual Indian pharmaceutical market is measured at around Rs. 79,000 crore, growing at around 20%. India is among the top six global pharmaceutical producers in the world.
Healthcare providers in India are also expected to spend $1.1 billion on IT products and services. Presently, online pharmacy is at its nascent stage in India, but like other categories, it has the potential to be a very large industry segment. It is expected that the online pharmacy model could account for 5-15% of the total pharma sales in India, largely by enhancing adherence and access to the medicines for a lot of the under-served population. Online pharmacy is one among the business which is about to create a huge demand in upcoming days.
Online Restaurant Search and Food Delivery Service is an amazing business idea. It is trending across the world and the popularity is staidly increasing. The demand for quick access to food and one with affordable rates is on the rise. The way of people living is changing drastically with changes in routines, lifestyle and food habits. The online food delivery is such a latest service that the availability of market opportunities is ever flowing. Another gripping factor of the online restaurant search and food delivery service is the small amount of investment needed to start the food business. The changing urban lifestyle of the average Indian is dramatic enough to be favourable for the food-on-the–go and quick home delivery business to grow at higher rates.
E-commerce in India is expected to grow from US $2.9 billion in 2013 to a mammoth US $100 billion by 2020, making it the fastest growing e- commerce market in the world! E-commerce is also witnessing a spurt in online food & restaurant service companies, which is expected to reach $2.7 billion by 2019. The growth of such online restaurant search and
food delivery companies in India is increasing day by day. Online Restaurant search and food delivery business is easy to start and run. Due to their budget and the low risk factors, it attracts all the young entrepreneurs. The ever-increasing population crowded metro cities and longer travel times are drivers for the convenient, ready-to eat and cheaper options of having food delivered at your doorstep.
Banana is one of the most important fruits in India and it occupies about 27.4 thousand hectares area with an annual production of about 42.33 thousand tonnes. The major banana producing states of India are Maharashtra, Tamilnadu, Karnataka, Gujarat, Andhra Pradesh, Assam and Madhya Pradesh. Out of this state Maharashtra is the largest producer of banana in the country with 27% of total Indian production and it has the highest productivity. Banana Chips is considered to be a rich source of energy producing food. Chips are the most popular variety of snacks and they are consumed round the year by people of all age groups and all income segments. It is consumed in several forms and amongst many value added preparations, Banana Chips is considered to be the most likely snack food. Banana wafers has emerged as a potential snack food due to its popularity.
Flour is a substance, generally a powder, made by grinding raw grains or roots and used to make many different foods. The global flour market is projected to rise at CAGR of 4% during the forecast period. The market is expected to witness substantial opportunities from the rapidly growing demand for bakery products among a variety of consumers and the increasing uptake of fast food products in various populations world over. Food chains in various developing and developed nations is bolstering the demand for flour milling. Pulse flour market is growing mainly due to the increasing health consciousness of the consumers. Millennial consumers are increasingly looking for healthy food products, and they are ready to pay premium for healthy products. This is favourable for the flour manufacturers as more bakery products, and snacks manufacturers have started using flour as an ingredient. Flour of maize, rice, wheat, oat, and rye etc. which contains high protein and fiber. In Manufacturing industry, it has a great business opportunity and potential to grow.
In India, the food sector has emerged as a high-growth and high-profit sector due to its immense potential for value addition, particularly within the food processing industry. One of the hottest trends in the restaurant business is food truck. Accounting for about 32 per cent of the country’s total food market, The Government of India has been instrumental in the growth and development of the food processing industry. These mobile restaurants have come a long way since ice cream and hot dogs. Today’s food trucks run the gamut from gourmet cupcakes to sandwiches to ethnic fusion street food. It requires far less start-up capital than a traditional sit-down restaurant and offers low overhead costs. Food truck business is a great opportunity for entrepreneurs whose passion is serving food. It is beneficial in many ways like there is no need of rendering costly spaces for opening up a restaurant, all you need is a full-fleeced truck, licenses and your passion for catering food in the city. The government through the Ministry of Food Processing Industries (MoFPI) is making all efforts to encourage investments in the business.
Fruit powders are convenient and economical substitute to fresh fruits in various different applications. The global fruit powder market to grow at a CAGR of 7.40% during the period 2017-2021. The fruit powders market is estimated to have growth potential in developing and developed countries as a result of consumer preference towards variety of fruit flavors in the drinks. The global fruit powders market driving factors are increasing demand for variety of fruit powders which contains high amount of vitamins and minerals and antioxidants. The fruit powders market is segmented on the basis of fruit type such as apple, banana, orange, lemon, pineapple, grapes, pear, specialty fruits such as blueberry and cranberry, and others such as mango, pomegranate, and watermelon. Changing consumer spending pattern, consumer tastes, and demographic trends which results into increasing demand for ready maid products. Fruit powder manufacturing plant has a great business potential to grow due to changing consumers habit.
Ginger and garlic are important commercial crops cultivated throughout the country with major production in the states of Gujarat, Orissa, Maharashtra, Himachal Pradesh, Kerala, Haryana, Madhya Pradesh and Uttar Pradesh. Ginger and Garlic Paste is mainly used as a condiment in various food preparation and also serves as a carminative and gastric stimulant in many medicine preparations. It is used for flavouring mayonnaise and Tomato Ketchup sauce, Salads, meat sausages, chutney, pickles, Biryani, Fried Rice etc. The market is widespread specially in urban areas due to increasing deposal income and busy lifestyle. It is ready to use item which is consumed in all households. In urban centres the demand for ginger garlic paste is very good and can be supplied on commercial scale in bulk. Ginger and garlic-based products have very wide ranging applications in many industries like food processing, pharmaceutical, soft drinks, meat canning, confectionary, Soup making and so on.
Indian handicrafts are popular not only with Indian audiences but also with international audiences and its online presence make task easy to buy. The online handicraft business is such a latest trending business idea that the availability of market opportunities is ever flowing. Indian handicraft is a labour intensive industry, which is widely spread in rural as well as urban area. The handicraft business has been increasingly in demand because of many people who love to personalize their stuffs and tourists who love cultural items for souvenirs. These business has high potential for employment, the sector is economically important from the point of low capital investment, high ratio of value addition, and high potential for export and foreign exchange earnings for the country. The export earnings from Indian handicrafts industry is increased by 11.07 per cent for the period 2016-17 amounted to US$ 3.66 billion. There are different kind of handicrafts are available in the market like wooden handicrafts, horn handicrafts, iron handicrafts etc. and its demand is growing day by day.
Jam, Jelly and Fruit bars are popular products not only among the kids even among the seniors due to its high supplementary food value. The market is expected to reach 9.5 billion by 2023, growing at a 3.5% CAGR during the forecast period. These food has ability to driven market due to the convenience of food supplement items, preference for ready-to-eat products, multiple distribution channels, changing lifestyles. The market is widespread specially in urban areas due to increasing deposal income and popularity of versatile flavoured food items. The jam, jelly, and fruit bar market can be segmented by product types, flavours, ingredients, distribution channels, and geography. These products are applied to some snacks or bread. They are also used in making certain desserts. Jam, Jelly and fruit bar market growth in India is increased due to increasing high supplementary food demand. Changing lifestyle in terms of food consumption, preference, and taste, it results into that Jam, jelly and fruit bar production plant has great business opportunity to grow.
A microbrewery or craft brewery is a brewery that produces small amounts of beer or root beer. India is the fourth largest beer consumer in the Asia-Pacific region. The microbrewing market in India is growing rapidly due to availability of raw material and consumer’s changing lifestyle. Microbrewery is one of the fastest growing segments of the beer industry. The number of potential consumers of beer increases by about a million people a year only due to the balance of growth/loss of population and thirst for newest kind of beer is ever increasing among the youth population where in this Micro Brewery concept thus becomes more exciting opportunity. Microbrewery has great business opportunity due to changing demographics, increase in disposable incomes, urbanization and growth of organized retail. India beer market sales in 2013, from small and large breweries, was about $4.1 billion and sale count is continuously growing day by day. The Indian beer market is largely dominated by local lagers or by foreign brands made in India by international breweries.
Noodles is one of the popular fast-food item having very good market demand in the country as well as in abroad. These type of ready-to-eat food items is very popular in the developed countries because of its versatility of form, composition and ease of preparation at consumer end, which has made these products so widely, accepted world over. Noodles have a share of about 45% in terms of output and constitute the largest segment in the sector of the process food market. Due to improving standard of living in the cities and the rapid urbanization taking place in the rural areas , consumption of these products is widely expected to go up steadily. Noodles are value added processed food item from flour which gives rich source of carbohydrates and supply of calorie and other nutrients to the consumers. Fresh noodles are nowadays readily available in supermarkets, market fairs, and small shops. Restaurants, hotels and fast food sellers are the biggest clients for fresh noodles. Noodles Manufacturing business has great business opportunity to grow due to its wide demand.
Online book rental refers to a service wherein users rent books via the internet. Users browse books online and have their choices home-delivered, rather than physically visiting a library to borrow a book. It is trending business idea across the world and the popularity is staidly increasing. Online book rental is gaining popularity in India due to its convenience and ease factor. The popularity of such business websites can be attributed to increasing internet usage in the country; India is expected to have the third-largest number of internet users in the world by 2013. India is the world’s third-largest market for English books, and its entire book market—in English, as well as regional languages—is estimated to generate Rs. 10,000 crore annually. The online book market in India is expected to grow at 30–35% annually for the next five years. The online book rental business is such a latest business idea that the availability of market opportunities is ever flowing. Penetration of internet in the remote locations of the country provides great business opportunity to the online book rental business.
The Brahmins are the caste from which Hindu priests are drawn, and are responsible for teaching and maintaining religious knowledge. Online Brahmin Business is an easily understanding and eye catching graphics to help consumers quickly find brahmin-specific information. It is trending Business Idea and it has great business opportunity due to increasing usage of online media. Users who are looking at multiple brahmin by making the search process more seamless and easier to use. It making Vedic board websites useful, usable, findable, desirable, accessible, credible and valuable. Brahmans actually worked as priests or Vedic teachers through using online media, it gives advisory to consumer on online and gives some information about puja’s. The online brahmin business is such a latest business idea that the availability of market opportunities is ever flowing. Online Brahmin business has great business opportunity due to the changing lifestyle and increasing disposal income, consumers prefer convenience services.
The word “organic” refers to the way farmers grow and process agricultural products, such as fruits, vegetables, grains, dairy products and meat. Organic food is grown with minimal use of chemical fertilizers and pesticides and in its processing no chemical, artificial colour or flavouring is used either as processing aid or as additive. Organic Food market in India is currently estimated at $0.50 billion and is estimated to jump to $1.36 billion by 2020. Growing health consciousness is the key factor surging the demand for organic food products in India. Other factors driving growth in the market include higher income levels, improving living standard, and favourable government initiatives aimed at improving the current scenario of organic farming in the country by providing financial and technical support to organic farmers. The Government of India is also taking initiative by implementing the National Programme for Organic Production (NPOP). Organic food store business has a great business opportunity due to its increasing demand and government support to organic farming.
Ornament Lamps and Chandeliers Manufacturing is one of the most trending business idea in manufacturing industry. Ornamental Lamps and Chandeliers are mainly using in house, hotels and office decoration purpose, demand for this items are growing rapidly. Due to improving standard of living in the cities and the rapid urbanization taking place in the urban areas , used of these goods is widely expected to go up steadily. Chandeliers are hung from the ceiling and are used for general illumination in dining rooms, foyers, and other formal spaces. Decorative lighting includes chandeliers, sconces, lanterns, pendants, lamps, ceiling surface lights, and other traditional lighting types that are mostly decorative in nature. Ornamental Lamps and Chandeliers Manufacturing business has great business opportunity to grow due to its increasing demand and very few players are available in this area.
In most of the world potato powder is the staple food and it used in preparation of diverse variety of meal. India is the second largest potato producing country in the world after China, which produce approximated to be 45.4 million tons per years which is equivalent to 12% of global production. Potato powder is used as ingredients in different food industries to make bake goods, ready to eat meal and soups. The consumption of potato powder is increasing day by day due to busy lifestyle and changing food habits. It is very convenient and cost saving for restaurants and bakeries to use potato powder instead of potato to make other products. Potato powder has a good food value as compared to other staple food crops as it is rich in carbohydrates and also contain proteins, minerals like calcium and potassium and vitamins. Potato powder manufacturing plant has a great business potential to grow due to changing consumers food habit.
The garden strawberry is a widely grown hybrid species of the genus Fragaria. Strawberry can being consumed fresh, can be frozen, made into preserves as well as dried and used in prepared foods, such as cereal bars. Strawberry Processing Unit also manufacturing other value added products like strawberry jam, squash, juices, ice-cream, chocolates. Artificial strawberry flavoring and aroma are also widely used in many products like lip gloss, candy, hand sanitizers, perfume and many other. Kerala State Horticulture Product Development Corporation start new strawberry processing unit in Munnar. Strawberry are grown in many states in India and India also export strawberry , strawberry processed products outside the country. Strawberry Processing unit provides employment opportunities to the women and other trained people.
The demand for the production of safe high quality food, which has both these necessary and nutritional characteristics similar to the raw material used and extended shelf life, is ever growing in the national market. India is one of the leading producers of sugarcane in the world. Sugarcane juice is a low acidity drink (pH>4.6) with a high water activity (Aw=0.99) and composed of approximately 80% water and 20% total dissolved solids. However, some products, such as sugarcane juice, which is largely consumed in an informal marketplace, are frequently offered and sold in hygienic and sanitary conditions that are precarious at best. With the ever-increasing demand for soft beverages and fruit based beverages, both carbonated and still are available in the market in plenty. India offers itself a potential market for these products.
The advantages gained by the implementation of rational technologies to process sugarcane juice are related to the attainment of a safe drink of high quality that is available any time of the year, independent of the harvest season. Additionally, standard procedures of operational hygiene were implemented to produce drink that is safe and maintains an elevated sensory quality. Among these solids, one may highlight sucrose (17%), glucose (0.4%) and fructose (0.2%), as well as nitrogenous substances such as organic acids and also minerals and such as iron, calcium, potassium, sodium and magnesium.
India is the world’s largest producer of tamarind products, with a production of over 200 thousand tonnes. Tamarind is a popular spice and the products from Tamarind family are being used in Indian food since ages. Tamarind pulp is commonly used in all households, restaurants, roadside eateries etc. in food preparations. Not just the fruit, even Tamarind seed powder is extensively used in industries such as Textile, Paper, Confectionary, Cosmetics and Pharmaceuticals. Processed tamarind is exported mainly to European and Arab countries. Tamarind can be found in various forms like concentrated pulp with seeds, a canned paste, oil, colour, starch whole dried pods, or powdered.
It is available in Indian and some other Asian markets. There is a wide variety of tamarind products available in the market for consumption. They include tamarind paste, seedless dried tamarind, tamarind pods, tamarind concentrate, tamarind syrup, tamarind drink concentrate, tamarind sauce, tamarind chutney, tamarind dipping sauce, tamarind gelatine, tamarind candy etc. Tamarind may also be used as a base for delicious raw or cooked chutneys, its fruity acidity combining well with sugar, chilli and other flavours. Moreover tamarind concentrates are extensively used as an ingredient and an effective substitute for vinegar, tomatoes and lemon juice.
Tomato is the second largest produced agricultural produce in India. Tomato processing sector shows noticeable share of Indian food industry. Daily consumption of processed tomato products is increasing gradually every year. The forecasted market growth of processed tomato products sector is 30% every year for next five years. The ketchup and sauce market in India has estimated market size of ₹1,000 crores growing at around 18% every year. India’s annual ketchup consumption is estimated at 13,000 tonnes with a market valuation of ₹1.8 billion. Rising Disposable income – grown by 10.5% over last five years. The growth is expected to continue in future owing to the strong push by the Government of India (GoI) to promote tomato products.
Unisex salon, beauty salon and parlors is an establishment dealing with cosmetic treatment for men and women. There is distinction between beauty salon and hair salon but many small businesses do offer both sets of treatment. Beauty salon provide extended services related to skin care, facial aesthetic, foot care, aroma therapy, even meditation, oxygen therapy, mud bath and many other services. Approx. 10,000 cr. Indian salon industry is largely unorganized with only around 2,500 crores forming the organized segment.
Organized segment is expected to grow at a much higher rate of 30% compared to the unorganized segment which is expected to grow at a rate less than 20%. Massage for the body is a popular beauty treatment, with various techniques offering benefits to the skin and for increasing mental well-being. Growing purchasing power of the Indian middle class so they increased spending on lifestyle needs.
As a Food Industry growing, the demand for quality juice and juice type beverages has markedly expanded. The global market for fruit juice products can be segmented on the basis of geography, distribution channel, and product types. Juices such as orange, grape, pineapple, apple, tomato and blends are well established in developed countries. By product type, the global fruit juice products market can be segmented into minor juices, tropical juices and juice products. Demand for healthier juice option is rise due to changing lifestyle and increasing disposal income, therefore consumers are looking for healthier food product. One reason for growing demand for fruit juice is that increasing consumer interest in exotic flavours and an attractive organic food. Fruit Juice Processing has great market business potential and opportunity to grow due to its increasing demand for healthy drink. There is enough scope for a Fruit Juice Processing business with a suitable capacity.
The Address Verification Services (AVS) is the system of security measure that is used to prevent fraudulent transactions on any debit or credit card. AVS is also used in many multi National companies for the background verification of employees before joining for the security reasons that helps companies reduce chances of misunderstandings, frauds, and misinformation. Address verification services is one of the amazing and latest business idea which has great market demand. Address Verification Business has favourable market potential and great business opportunity with eCommerce too, where its used to make better shipping and satisfy customer. The growth of this sector is expected to be high at CAGR of 9% over the period of year 2019.
Aquaponics is a combination of aquaculture, which is growing fish and other aquatic animals and various fruits and vegetables. The Aquaponics is the effective and reliable way to grow large quantities of organic fruits and vegetables that too without needed acers of land. The Aquaponics business has the great potential as using this technique need only 10% water of traditional farming and can grow 5 times the plant in half time. The Indian Aquaponics has booming opportunities, were India is cultivating 60 tons of fishes by largest commercial scale recirculating aquaculture farming with in quarter of an acer. The best feature of Aquaponics technique is the waste produced by fishes is used as nutrients for growing various plants, using which we can grow any plant at any time of the year. The Aquaponics business has huge profitability and becoming popular as an eco-friendly and simple way to produce food.
The Aquariums and fishes supplies is the business that provides the equipment’s needed for setting up aquariums and various types of fishes too. A tank or pond filled with colourful fishes is always a beautiful piece which is used to be kept at home, office or shops and malls. Now a days most popular pet hobbies includes fishes and taking care of fishes and aquarium and ponds is not as complicated as other pet hobbies. Many consumers keep aquariums because of their belief in concepts such as vaastu which increases supplies opportunities. Indian waters possess a rich diversity of ornamental fishes, with over 300 varieties of indigenous species that has potential to export in various countries. India’s ornamental fish export touched Rs 9.5 crore last year, an almost 40% increase from a year earlier.
Aromatherapy is a type of alternative medicine practice utilizing fragrant/aromatic essential oils that are derived from a wide variety of healing plants. The Aromatherapy oil is most important thing for this Ayurveda treatment, which is made using different medicinal plants, flowers, herbs, roots and trees grown all over the world that shows powerful effects in improving health problems of people. The increasing awareness and knowledge among the people about various natural treatments can increase the opportunities for aromatherapy oil which has great benefits as strengthen Immune system, Speeds up healing and many. According to research the Aromatherapy market to grow at a CAGR of 8.20% during the period 2018-2022, that indicates it has great market potential in the up coming years.
Vertical farming is method of growing various food in vertical stacked layers. It has great opportunity as its used in to grow food in challenging environment, like where land is rare or unavailable. This business has tremendous potential for revolutionizing the agriculture field, using this technique large demand can be fulfilled effectively by maximizing crop yield. Various problems can be prevented in this method as it has alternative way to grow using soil, aquaponics and hydroponics and also LED for light source. Vertical farming market is expected to hit 3.88 billion by 2020 at the CAGR of 30.7%. Vertical farming is increasing fast in India as the schemes of government is available for technical and financial support for establishing vertical farming and protective agriculture.
Travel necessities store is the speciality store for all the essential accessories and things that are needed during travel and trips. Travel necessities store will provides travellers the list and things they might need and that too depends on traveling plan, place, days etc. Because of travel necessities store travellers wont have to fight mall traffic and done their work easy with ready travel foods tourism is the largest service industry in India, with a contribution of 6.23% to the national GDP and 8.78% to the total employment in India. According to the World Travel and Tourism Council, India will be a global tourism hotspot so Indian traveller and provides insights on the potential growth opportunities for travel businesses till 2020. India’s domestic travel market is on an acceleration path with the travel market all set to grow at 11-11.5% to $48 billion by 2020, according to a report released by Google India. The Indian luggage industry has grown at a rapid pace over the years which is expected to grow at a CAGR of 18.0% .
India is a rising market power with vast untapped potential and the refurbished market here has a great potential for the coming years and decades. Refurbished goods not necessarily mean used ones, but they could be the products kept on display or used in demos and hence the package-box is opened. Things that can be sold as refurbished are Clothes, shoes, watches , furniture’s, and some other accessories. The global market for refurbished things grew 13 per cent Year-on-Year in 2017, reaching close to 140 million units. There are many grades of refurbished devices that attract different price points depending on available quantity and demand for a specific model or variant. Consumers turn to refurbished products to access highly regarded brands at more affordable prices. This is a great opportunity for retailers and manufacturers to expand brand loyalty and drive additional revenue in secondary markets.
Plant tissue culture is a collection of techniques used to maintain or grow plant cells, tissues or organs under sterile conditions on a nutrient culture medium of known composition. It has emerged as an important biotechnology and commercially tool to multiply elite varieties of high quality, disease free and high yielding plants rapidly in the laboratory irrespective of the season of the year. The industry shows a gross installed production capacity of about 500 million plantlets per annum and an actual production of approximately 350 million plants which indicates it has opportunities to fulfil the demand. The Plant tissue culture industry is expected to grow at CAGR of 7.1% during the period from 2016-2022. The plant tissue culture has great potential that to revolutionize the growth of agriculture in India so the Department of Biotechnology has established National Certification System for Tissue Culture Raised Plants with objective of monitoring better plants.
The party organizing is the business in which the total planning is done according to budget of client and various services are provided so as to make great party and satisfy clients. Now a days due to change in lifestyle people celebrates of many things and festivals which is creating tremendous opportunities for party organizing business. The party planning industry, which was at Rs 5,631 crore in 2016-17 overall, has been growing at a 16% CAGR, even overtaking the Indian media and entertainment industry. The past decade of the Indian economy has witnessed fastest growth in the size of Party organizing Industry which indicates that party organizing business is the profitable and has huge potential.
The office suppliers are the suppliers of the material and things need in the office. Office supply is one of the profitable business ones can begin from home. Schools, institutes, and offices are the greatest customer of office supplies. The stationery and office supplies market in India is 95 percent controlled by unorganised, traditional sourcing methods, But 80 percent of businesses use the internet to search for vendors. The market for office supplies in India was worth $25 billion. Annually growing at 17–18 percent, it will be about $50 billion by 2019. Increasing demand for office supplies sourcing activities has resulted in more players coming up in the office supplies space in the online market in India, which shows that it has great potential and the best profitable business idea.
As the name implies, a self-service laundry or coin wash / laundry or Laundromat is a laundry facility where people come in to personally wash and dry their clothes, customers provide their own labour and still pay the price for making use of the laundry equipment made available. Despite the fact that customers provide their own labour, some Laundromat owners still employ people to man or provide assistance to customers with also pick up and delivery services. When it comes to laundry business in India, according to a International report, the unorganised laundry sector in India is 95%. Only 5% of the market is organised the laundry service market in India is expected to grow to $76.5 billion by next year, according to Euromonitor International’s. The business should be started in most populated cities to make a good amount of profit, the washer men have already established their business in Delhi, Bombay, etc. They estimate that by the end of 2020, more than three million households will need laundry services on a weekly basis.
Hydroponics is the method of growing plants without soil, using mineral nutrient solutions in a water solvent. The hydroponics business has the great potential as using this technique need 20 times less water and 20% less land of traditional farming. The hydroponics business has huge business opportunities due to its cultivation features which grows 30 to 50 percent faster than a soil plant. All seasonal and non-seasonal plants demand can be fulfilled using this technique. According to the research the hydroponics business in India is projected to grow at a CAGR 8.6% by the year 2020. Hydroponics is the best profitable method for growing fruits and plants because it prevents many problem as its independent on soil, fertile land and any water resources.
Import and export portals stands for a gateway to search, Edit, submit, archive data on import and export and professional processing of continuous online Import and Exports. Import export business has very big potential especially for people from developing countries like India because developing countries need more amount of raw material, semi-products and consumer goods. Governing bodies including in import and export are Ministry of commerce and Industry, Directorate general of Foreign Trade, Central board of Excises Custom. Major Exported goods are software, Engg goods, Agricultural products, Textile goods, Handcrafted items, Chemicals, Gems and jewellery etc. Major imported goods are Crude oil, Electricals goods and electronics, several Commodities and machinery , Medicine and medical equipment etc. Indian share in the global trade, including trade in merchandise and service sector has increased from 1.5% in 2006 & 2% in 2009 then crossed 2.5% in 2012 and the growth rate is increased.
In healthcare sector India has become one of India’s largest sectors both in terms of revenue and employment, buzzing with start-ups like hospital management, online doctor consulting, medicines delivery and latest is home healthcare which has great demand in coming years. Home healthcare services are an extension of hospital services into the patient’s house and providing personalized care by competent professionals. This business is usually less expensive, more convenient, and just as effective as care you get in a hospital or skilled nursing facility that results it in profitable business. The current estimates for the home healthcare industry in India is around $3.20 billion in 2016, and is expected to grow to around $4.46 billion by 2018 and $6.21 billion in 2020. The home healthcare Business has favourable market potential and business opportunity.
The home furnishing services is one of the fast growing business idea which has great market demand in coming years. Home furnishing is a new services, where customers can be get their home furnished in which all the necessary things are provided and is designed. Home furnishing Business has favourable market potential and business opportunity with changing lifestyles of people and increasing consciousness among beautiful indoors. According to the latest market report India is 14th largest in the world for home interiors. Home furnishing market in India is expected to grow at CAGR of 8% by value to reach USD 5.29 Billion and the same period, curtains &, carpets and rugs will grow at CAGR of 8% and 9.4 %. The industry has positive outlook due to easy availability of home furnishing loans.
A freelancer is a self-employed person who offers services, usually to businesses and often to multiple clients at a time. Freelancer service provider business has potential to provides actively search to the senior professionals from different industries to work. According to new survey, India is the largest market with 10 million people freelancing and an average freelancers earn about ₹19 lakh per year. Indian freelancer work includes web and mobile development, web designing, Internet research, Content writing, Editing and Proofreading, Virtual Assistant, Data entry, Accounting, Graphic design, and Consultancy. Freelancer providing services has great opportunity to grow with government initiative as they have set up Digital India Platform (DIP), where freelancers would perform task of digitalise all government documents. India ranks second which has high number of freelancer professionals after US . It has great market potential and business opportunity to the freelancer industry in the coming years due to increasing demand and favourable environment for this.
A food supplement is a preparation that is intended to supply a nutrient that is missing from a diet. Changing lifestyles of peoples in India are making people more health conscious about to maintain their balanced diet, which increases the opportunities for various food supplements. Current commercial agriculture techniques leave soil deficient in important minerals that same mineral deficiencies is shared with food consumed, can cause health problems so food supplements are in huge demand. Many fruits and vegetables are genetically bred to improve visual appeal and crop yields, not nutritional value and nutritional value is fulfilled by these food supplements. The dietary supplements market in India is projected to exhibit a CAGR of 11.60% during 2016-2021, on account of rapid urbanisation, doubled with growing demand from athletes all across the country.
In this sector, floating restaurant is one of the amazing and latest business idea which has great market demand in coming years. Floating restaurants are a new phenomenon for dining out in the city, where customers can be provided not only with a meal but also an entertaining casual dining experience with unrivalled views of the water side place. A riverside restaurant or a floating restaurant is usually a restaurant built on a large flat steel barge floating on water. Some times retired ships are also refurbished and given a second term as a floating restaurant. Restaurant market in India is mostly led by unorganised segment in 2015 and even though in the future it will decline significantly over the next 4-5 years, it is likely to remain more than 60% of the market. Thus, floating restaurant has business opportunity in future. The growth of this sector is expected to be high due increasing disposal income and improving living standard in urban area. Floating Restaurant Business has favourable market potential and business opportunity.
A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. It uses cryptography i.e. Block chain technology to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Many people believe that cryptocurrencies are the hottest investment opportunity currently available because there are many stories of people becoming millionaires through their Bitcoin investments. According to research the cryptocurrency market was valued at USD 284.0 Million in 2016 and is expected to reach USD 2,902.0 Million by 2022, at a CAGR of 32.31% during the forecast period. There are many advantages of cryptocurrency as it can be use for quick payment where information is safe and no third party is involved.
As India is speeding ahead in the global car consumer market, the professional car wash segment is just picking up to join the race. India, an emerging economy and the ninth largest auto industry in the world, is not far from becoming a booming market for car wash. Now as technology is getting faster the car wash/care can be done with few minutes and services are available at door step. The Indian car market growing at 10% annually is estimated to have the highest number of cars by 2050 with consumer market expected to be the fifth largest in the world by 2025. However, with luxury car sales being up by almost 60%, the demand for professional car care is catching up. The country where innumerable cars are catching the sights of people, smart car wash can wrap up the opportunity. This technology and methodology of water-less car cleaning is not new to developed nations and has been in existence for over decades. Currently Cars are getting dirtier, faster and People want to look good riding around more often which signals higher demand of car wash.
The art gallery business is the place to promote its artists and Exhibit or sell their artworks. Asia art market is vigorously growing and India is one of the region fastest-paced and most dynamic , with gallery specializing art. India’s art market is estimated to have been at around Rs14.6 billion (Rs1,460 crore) in 2017. In various art gallery, staff in the gallery also spend considerable time with their potential client in educating them about the art work, with increases the interests and more opportunity to get profitable business. As Indian unique hand crafted items are very popular some of the arts gallery also sales the unique handcrafted items. The Art gallery business can get opportunity to explore world wide art lovers by collaborating with various art galleries to get participated in India Art festival the contemporary art fair.
The 3D Printing Market is estimated to garner $8.6 billion by 2020, registering a CAGR of 21% during 2015 – 2020. 3D printing is also referred as additive printing technology that enables manufacturers to develop objects using a digital file and variety of printing materials. Global market for 3D printing material include polymers, metals and ceramics. In addition, 3D printing offers a wide variety of applications in various industries, namely consumer products, industrial products, defence & aerospace, automotive, healthcare, education & research and others. The factors driving the 3D printing market are reduction of errors, high degree of accuracy, efficient use of raw materials, ability to build customized products, simultaneous use of multiple materials for printing, efficient use of production time and financials, and competency over traditional techniques among others. Much 3D printing business opportunities lies in parts production, Thus, 3D printing manufacturing plant has great market potential in manufacturing sector.
Agriculture has always been the backbone of India’s economy. It meets the vital requirements of food and nutrition security of the people. This sector supports the country’s development initiative and more than 60% of the population derives its subsistence from it. While many industries depend upon agriculture for their raw material, this sector also helps bring about equitable distribution of income and wealth in rural areas and improve the quality of life. Tractors and other automation advances in the 20th century let large farms shift management to only a handful of people. This low-cost system consists of a controller that is connected to an app, wireless sensor nodes that are embedded into the soil and repeaters that establish communication between the controller and the nodes. Farmers can configure their irrigation schedule on the app and remotely monitor the activity thereafter, automating processes that were earlier done manually. Agriculture sector also growing with the emerging technology and demand for the automated equipment is increased day by day.
Antique Furniture Restoration is one of the trending business idea in all over world due to its old memories and art work towards furniture. It includes removing stains, fixing cracks or chips in the wood or veneer, taking care of paint and staining woodwork, repairing other superficial damage, getting rid of wax build-up, stripping items, toughening up and re-gluing wood, and similar work. Restoration can be as simple as just cleaning to remove disfiguring dirt , such as on the surface of a painting, or it may include near complete rebuilding or replacement if its damaged might be the case with old furniture. Wood segment has witnessed the highest demand around the world owing to its beautiful natural look, resilience and durability, easy-to-use and maintain features. Rising demand from the housing sector is one of the factors positively impacting the global antique furniture market. Antique furniture restoration has favourable market potential and business opportunity in India as well as in Foreign.
Baby equipment rental is a rapidly growing industry and there are a lot of opportunities to pursue. A lot of parents looking for affordable, eco-friendly and sanitised toys for their kids. It provides facility to the customers can order at their own convenient time and place and the products will reach them at their door step. As increasing disposal income and busy life style people are looking for alternative which is convenient to them. One more advantage of this rental business is that, circular economy (Reduce-Reuse-Recycle) could bring annual benefits of US$624 billion in 2050 – a benefit equivalent to 30% of India’s current GDP, through reduced material costs and increased profits for businesses. Baby equipment rental business has great market potential in all over the world due to easy availability factors. It has great business opportunity due to increasing demand for rental services, people prefer rental goods instead of buying.
Bakery is a traditional activity and occupies an important place in food processing industry and it growing with changing trend and consumer taste. The bakery manufacturers in India can be differentiated into the three broad segments of bread, biscuits and cake. Bakery products are an item of mass consumption due to changing lifestyle and consuming habits of consumer it growing rapidly. It having great business opportunity due to busy lifestyle and increasing disposal income consumer prefer ready to eat products. The consumers are increasingly going for newer options with respect to bakery products, therefore bakery business has great business opportunity to grow. The total market size of the bakery products is expected to reach USD 532 billion by 2023, at a 4.5% CAGR during the forecast period. Bakery Business has huge market potential in the emerging market. Wherein, consumer demand is increasing for packaged products, as a result of the influence of Western culture and also for its convenience.
Biodegradable napkin manufacturing business is one of the trending and environment protecting business idea which has great market in all over the world. It maintains quality with affordable rates, that’s why consumer attracts this type of products. There is a rising demand for sanitary napkins among rural and urban women due to rising hygiene awareness. Biodegradable napkins are made by the natural material which is very safe and cost effective. As people are very concern about environment protection, thus they are looking for the alternative option which is natural and chemical free. It has competitive advantage over other companies which use a Chemical adhesive to paste fibre to the polymer, which is again harmful to the environment. Biodegradable Napkins Manufacturing Business has a favourable market potential and it growing annually approx. 16 % due to increasing demand for the chemical free goods. It has a great business opportunity due to increasing concern about hygiene awareness and environment protecting feature.
Biodiesel production is the process of producing the biofuel, biodiesel, which involves vegetable or animal fats and oils. It has excellent lubricating properties which is good for transport engine and its consumption is projected to grow at a CAGR of around 4% during 2009-2018. Some federal and state government fleets, such as school and transit buses, snowploughs, garbage trucks, mail trucks, and military vehicles, use biodiesel. The biodiesel production got boosting due to skyrocketing price of the petroleum by-products, therefore demand for Bio-Diesel is growing. The Government of India is injecting huge amount of money and resources into the development of this sector in an attempt to reduce dependency on imported oil. Biodiesel is becoming one of the fastest growing alternative fuels in the world in coming decades. As, the conventional sources of energy drying up at faster rate, the alternate sources be explored. It has a great business opportunity and market potential due to environmental benefits, ease of use, and available subsidies.
Box Subscription Business idea is the hottest trending business in ecommerce. Delivering recurring revenues to entrepreneurs from all kinds of industries at relatively low costs as often as they deliver cool, new stuff to subscribers. Subscription business do not create new types of products, they are a new way to sell existing types of products. Subscriptions don’t change what consumers want, subscriptions get consumers to look at existing products in a new way. Demand for subscription box is increase due to consumer busy life style, people are signing up like crazy to make sure subscription boxes–filled with everything from food, cosmetics, clothing and more–regularly arrive on schedule. According to research, subscription boxes have become a huge thing in recent years: More than 2,000 subscription box services exist in the market. Box Subscription Business is the potential business idea which has a large scope to grow due to increasing demand as well as increasing disposal income, consumer prefer this kind of services.
Biodegradable Plastic Bag Manufacturing Business is one of the most trending business idea and it has great market demand and opportunity to grow. These business idea take few steps forward towards safety of environment and started manufacturing of biodegradable plastic which will be need of the coming age. Made from OXO Biodegradable plastic, these bags are 100% biodegradable and compostable and take less time to degrade ensuring no harmful effect on our environment. As increasing used of plastic in daily life, it is convenient alternative for plastic bag which is used in garbage collection and shopping purpose. It will be used in the form of T-shirt Bags, Gusseted Bags, Lay Flat Bags, Trash Bags, Rubble Sacks, and Woven Sacks. It not only carry goods and bio waste but also the hopes of the bio plastics industry for huge markets in years to come. In world, market of compostable and biodegradable plastic products grew to 100,000 tonnes in 2015, and could grow to beyond 300,000 tonnes in 2020. Therefore, Biodegradable Plastic Bag Manufacturing business has a great market demand and potential in coming days.
Drone are significantly gaining adoption across several end user applications, owing to rising security concerns, predominantly, rising domestic crime incidences, terrorist threats, and border intrusion. India UAV market is projected to grow at a CAGR of 18% during 2017-23. Remote sensing as the science of obtaining information about objects from a distance, this is typically done through a aircraft, satellites or drones. Its majorly used in Mining and Agriculture, out of the two, agriculture is provides the greatest demand for remote sensing services. Drones are no more just for the supreme enthusiasts as these devices have penetrated the world of technology and a lot of businesses are looking forward to utilize the capacities of these machines to the best effects. It demand is primarily derived from Military end user application, followed by Law Enforcement, Precision Agricultural, Inspection & Monitoring, Media & Entertainment, and others. Additionally, introduction of recent government policies has further augmented the demand for drone in the country. Drone remote sensing business has a great market potential and opportunity due to increasing adoption of new technology innovation.
Eco-Friendly Bricks Manufacturing is the new and innovative business idea which has beneficial features to the environment. Unlike regular building bricks that release tons of carbon dioxide during production, eco bricks don’t release harmful amounts of CO2. Eco-Friendly Bricks is greener alternative materials for the ordinary building bricks. Bricks Manufacturing process is cost effective because it produced by waste paper, green leaf, Fly Ash, Stand and post-industrial waste etc. It has positive feature of these bricks: They’re 100% recyclable. When they are no longer needed, they can be used as fertilizer. The eco-friendly bricks have proved to be as durable as sandstone, and could also be formed in a diverse range of shapes and sizes. In coming years, market demand for the eco-friendly construction material is growing due to increasing concern about global warming. Now, people are looking for the alternative which is not harmful to the environment. Eco-friendly bricks having great market potential and business opportunity in coming years.
Demand for elder care services rise with an increase in the worldwide geriatric population brought about by changing global demographics. Family structure has moved to a more nuclear system in several countries of the world, necessitating the outsourcing of elderly caregiving to hospitals and healthcare institutions, as the preference of nuclear families is shifting towards different service types such as institutional care and community based care. Growth prospects in the global market, providing good opportunities for business expansion. It has great market opportunity due growing middle- and upper-class has higher disposable income to invest in their elder well being. Both of us live away from our parents due to some reasons and as they grew older and they needed to enhance various aspects in their lives and felt there was a lacunae in meeting the needs of senior citizens. Elder Care Centre has great business opportunity and market potential due to increasing need of human for various purposes.
Virtual library or Electronic library is such a latest trending business idea that the availability of market opportunities is ever flowing. An Electronic Library is a special library with a collection of digital objects that can include text, visual material, audio material, video material, stored as electronic media formats like PDF, E-Book etc., along with means for organizing, storing, and retrieving the files and media contained in the library collection. It is trending across the world and the popularity is staidly increasing owing quick access to books, and one with conveniences and affordable rates. Another gripping factor of the e-library business is that it require the small amount of investment needed to start the business. Electronic libraries offer recommender systems to reduce information overload and help their users discovering relevant literature. Traditional libraries are limited by storage space; digital libraries have the potential to store much more information, simply because digital information requires very little physical space to contain it. Digital libraries can provide very user-friendly interfaces, giving click able access to its resources.
Farm Managing Software is the trending application in Agricultural sector to increase efficiency in this sector. It will enable farmers to enhance their farm productivity by making more informed decisions as a result of better access to accurate and complete information on best practices, pests and disease management and coping practices to manage abnormal weather conditions. To be able to compete on a global scale, farmers are making the switch from using spreadsheets and notebooks to farm management software. Demand for Farm Managing Software is increases for better planning and tracking agricultural operations. Farm management system integrates both business and operational data to improve efficiencies and in turn, contributes to significant ROI. In fact, profitability can be increased up to 20 percent with the use of farm management software. Therefore, the farm management software has great market demand and opportunity to used in agricultural sector to improved ROI.
Farmers Digital Information Centre provides the information related to policies and programs of government, schemes for farmers, institutions through which these schemes are implemented, new innovations in agriculture, Good Agricultural Practices (GAPs), training for new agricultural techniques. Digital information Centre for farmer is a new area of knowledge emerging out of convergence of IT and farming techniques. IT supports new methods for precision agriculture like computerized farm machinery that applies for fertilizers and pesticides. It enhances the agricultural value chain through the application of Internet and related technologies. Basically IT helps farmers to have better access to information which increases the productivity. It also enables him to get better prices through information of change in price in different markets. Therefore, Farmers Digital Information Centre business has great business opportunity and market potential due to emerging or using new technology in farming sector.
In this sector, floating restaurant is one of the amazing and latest business idea which has great market demand in coming years. Floating restaurants are a new phenomenon for dining out in the city, where customers can be provided not only with a meal but also an entertaining casual dining experience with unrivalled views of the water side place. A riverside restaurant or a floating restaurant is usually a restaurant built on a large flat steel barge floating on water. Some times retired ships are also refurbished and given a second term as a floating restaurant. Restaurant market in India is mostly led by unorganised segment in 2015 and even though in the future it will decline significantly over the next 4-5 years, it is likely to remain more than 60% of the market. Thus, floating restaurant has business opportunity in future. The growth of this sector is expected to be high due increasing disposal income and improving living standard in urban area. Floating Restaurant Business has favourable market potential and business opportunity.
Gaming parlor is one of the profitable and trending business idea which has growing market demand and potential in the present days. The demand for online games is reaching its greatest possible heights as the game developers are continuously adding new, attractive games to enrich this amazing source of entertainment. As a result, it is able to offer lucrative opportunities to the aspiring gaming parlours of the country and this is your chance to turn your passion into a profitable business. The immense popularity of online gaming websites has really helped the gaming parlours to cash on the blooming gaming market of the country. Today, Indian online gaming industry to add 190 million gamer(s) and become a USD one billion opportunity by 2021, from USD 290 million. The key driver of market volume was increasing disposal income and changing lifestyle and habits amongst urban and rural population. Global gaming market is continuously growing with the time due to strong network connectivity and emerging new technology in the industry.
Grape wine is one of the most popular wine in the industry which is popular among the young population. Increasing disposal income, changing lifestyle and urbanisation are promoting higher consumption of grape wine. The Indian alcoholic market has been growing rapidly for the last ten years, due to the positive impact of demographic trends. Indian wine production was at 4.7 million liters in 2004 and it will touch around 40 million liters (ML) by 2022. Indian wine market is growing at 30% per annum and in metros like Delhi, Mumbai and Bangalore produce 80% of wine consumers in India. Grape wine is the highly capital intensive business due to increasing consumer population. Increasing health consciousness and spend on corporate and personal entertainment has given a boost to wine industry. Consumption of wine is growing due to changing lifestyle, thus grape wine producing business has a great business potential.
Healthy vending machine business is one of the new and trending business idea in all over the world. As the increasing time hours in cooperate offices and schools, people are looking for healthy snacks food at their workplace. People are expecting to see fresh and nutritious snacks available in vending machines, in addition to the traditional snacks. While the demand for the convenience of vending machines and their traditional snacks still remains high, consumers are expecting to find healthy options in the machines too, alongside the crisps and chocolates. Vending machines offer consumers a quick convenient fix for hungriness or sluggish activity by offering energy-boosting refreshments. The scope of the use and demand for vending machines is widening as advancements in machine technology improves. Therefore, Healthy Vending Machine Business has a great market potential as well as opportunity to grow in this industry.
Honey Harvesting Business has great business opportunity with social, economic, and ecological benefits that requires minimal time, labour, and resources. India exported 38,177.08 MT of natural honey to the world worth Rs. 706 Cr during the fiscal year 2015-16. The industry is growing at around 15 per cent currently which shows the business opportunity and market potential of the Honey Harvesting Business. The honey market is growing consistently at 30 to 40% and there is scope for further growth as people turn to healthier food options. The per capita honey consumption in India is still growing with the given time period. The global market for Honey is projected to reach 2.4 million tons by 2022, driven by the growing consumer preference for natural and healthy alternatives to artificial sweeteners, rising awareness over the benefits of honey over granulated cane sugar, and anti-inflammatory properties. The future growth in the market will be driven by both food and non-food uses of honey. Consumer demand for honey for use in a range of home remedies such as weight reduction, improved digestion, prebiotic support, acne cure, exfoliator etc. bodes well for volume gains in the market.
House sitting business is one of the most trending and extensive business idea which has a great market potential and business opportunity in coming days. Many home owners hire house sitters to feed and care for their pets, reset alarms, water plants, collect mail and the newspaper, they also want the home to look occupied. The demand for house sitters is continuously increasing with the given time period, particularly with homeowners who have pets. Even with home security systems, homeowners may want the additional peace of mind of knowing that someone is on the premises to keep an eye on things. House-sitting is the practice whereby a person who stay there temporarily, either in paid positions or rent-free, in exchange for assuming any combination of responsibilities, such as taking care of the homeowner’s pets, performing general maintenance (including pools, lawns, air-conditioning systems etc.), keeping trespassers off the property, readdressing the mail, and in general, making sure that everything runs smoothly just as if the owner was at home. As changing life style and increasing used of luxury things people prefer service like house sitting to take care of the home in their absences.
An ice cream cone, poke or cornet is a dry, cone-shaped pastry, usually made of a wafer similar in texture to a waffle, which enables ice cream to be held in the hand and eaten without a bowl or spoon. Ice cream cones are a mass consumption item and its demand is increasing with the seasonal changes. In tropical region, the demand for Ice cream is huge in India and it is available all over the country in various flavours and types as some are available in cups, some in sticks and the most favourite one that is in cone. Most of the consumers preference is the cool ice cream along with the delicious wafers of the cones for convenience. Ice cream cone making business has a huge market to cater the business. The changing life style and habits have given rise to the increase in demand of ice-cream. Ice cream cone manufacturing business has great market potential due to increasing demand for ice cream in rural as well as in urban region.
IT Equipment Service business is a latest trending business idea, which used to maintain, repair, rent and install technical stuff to offices, houses and many place where IT equipment would be used. Used of technical equipment’s are everywhere these days, but its not possible to maintain for everyone due to many reasons. IT equipment service provider plays important role in installation and maintains of tech stuff. For many offices, houses and medical clinics, that means making equipment last longer through routine maintenance and service activities, and repairing (vs. replacing) technology whenever possible. Demand of IT equipment service provider is increasing due to higher pricing of IT equipment, consumer focused on maintenance instead of buying new equipment. IT Equipment Service Business is a such latest and trending business which has a great market potential to grow due to increasing demand for technical stuff and new updates in technology offers large scope to grow.
Lens Manufacturing Business has a great market potential and business opportunity in coming days due to increasing use of lens for the age-related vision disorders to cosmetic concerns. The eyewear industry is broadly divided into three categories: eyewear (Sunglasses/ Frames), vision care (Contact lenses) and others (Surgical/Healthcare). In India, eyewear is at the forefront compared to the global markets where vision care has a strong presence. A near stagnant market has been converted into one of the fastest growing industries recording a 20% growth annually. Nevertheless, in global terms the industry in India remains underdeveloped even today and it has a lot of opportunity in coming days. The demand is driven by demographics, fashion, and changing healthcare practices. Aging population is increasing the demand for eye exams and glasses. Spectacles are nowadays considered as personality enhancers and a fashion accessory. Changing lifestyles and activities that affect the eyes, have led to increasing use of colored contacts, tinted spectacle lens, polycarbonate lenses with anti glare and photo chromatic lenses.
Manpower Supplier Service Business is such latest business idea which has market demand in coming days. A lot of people are looking for affordable, convenient and easy available services for the daily activity. It provides facility to the customers can order at their own convenient time and place and the services will reach them at their door step. Due to busy life style people are looking for alternative which is convenient to them. Every places like industry, houses, shops, malls, government and private sector, they needed a manpower to do the work in the workplace. Manpower Supplier Business has a great market potential due to increasing demand for manpower to do activities in the every field. Therefore, it has mark able business opportunity in every place due to increasing demand for supplier services, people prefer contact with service provider instead of asking any one.
Markable Hand Wash Manufacturing business is one of the innovative and trending business idea in soap market. Initially the soaps were always preferred as the most effective medium to wash hands because of cost effectiveness but now the trend has moved toward the liquid soaps and mark able liquid hand wash being available to consumers and is becoming an important role in their life. Strong awareness amongst people towards maintaining hygiene shows great opportunity for this business. Schools have come forward in providing lessons to the children to maintain hand hygiene habits. It mainly target kids and its parents because of increasing awareness about hygiene. There was a time when most of the sales was contributed by Institutions( Offices etc.) but now the trend has moved a step further by rapidly growing in households. A wearable and portable soap re-designed to encourage hand washing amongst young children to reduce the risk of catching and spreading disease thereby increasing their lifespan. Thus, markable hand wash manufacturing business has a great market potential and opportunity in the coming days due to increasing concern about the hygiene from parents to their children.
Medical consultation business is one of the innovative demand driving business idea which has great market in coming days. It is the second party opinion service which is used to cure diseases with consultation of experts. The consultation should be written or transcribed into the primary care record. Immediate communication, in person, whenever possible, or by phone or secure e-mail or voice mail, greatly enhances the usefulness of such consultations. The consultant generally does not initiate treatment but makes practical recommendations. The role of the PCP (especially when the consultation occurs in the primary care setting) enhances patient participation and decreases stigma. These consultations commonly involve questions about diagnostic tests, treatment plans, and the potential value of a formal consultation in the future. As changing lifestyle, people are suffering from many small and large diseases due to unfavourable environment. Therefore, it shows that medical disease consultation service business has favourable market opportunity and business potential.
Office Gardening Business is one of the latest and trending business idea which has great market potential in coming days due to its convenient factors. Office gardens are a rising trend among many small and large businesses companies, because they provide an opportunity for employees to leave their desks, work alongside colleagues, and balance their hectic workday with sunshine, fresh air, and physical movement. An office garden can also provide plenty of fresh, organic fruits, vegetables, and herbs that can be divvied up among employees and their families, sold for profit, or donated to a local food pantry. Many people work indoors and don’t have time to immerse themselves in nature regularly, but research shows that indoor plants can create happier workers, lower healthcare costs, increase productivity, lower absenteeism and reduce turnover when placed on desks and office spaces. The loss of trees changes the soundscape and decreases our quality of life, increases stress levels, affects our mental health and diminishes our ability to focus. It make a task easy to consumers by providing varieties of plant with their maintenance services at their door steps. Therefore, Office Gardening Service Business has great business opportunity due to changing lifestyle and busy schedule or increasing working hours in offices.
Handmade goods demand has risen exponentially in the last few years, and it shows the market potential and business opportunity. Handmade gift items are believed to be special, something that only a fortunate few people will ever own. Handmade gift items are believed to be special, something that only a fortunate few people will ever own. Online presences also make it easier for makers themselves to directly access their target markets. There are several factors that drive the demand for handmade products, including uniqueness, limited availability, and brand story. Consumers want to purchase items that are unique, represent some form of history, and have profound stories to tell. Homemade goods drive awareness and easier access to the target market with their unique, special and memorable features. Therefore, Online Homemade Goods Selling Business has great market demand due to their unique, special and cost effective features.
A nursery is part of agriculture where plants are propagated, nurtured, grown and sold out for the home garden and commercial purpose. Online presence make a task easy to consumers by providing varieties of plant at their door steps. It cater to a wide range of plants that will be indoor to outdoor plants and container to ground planting plants. Plants of different kinds occupy most of the vacant space in the compound that’s why people prefer pot plants for the garden. Increasing disposal income and hobby drives interest among people in raising small gardens, backyard plantation and ornamental plant nursery. During the past decade, significant achievements have been made by plantation development and an area of > 5.7 Lakh has been brought under fruits, vegetables, spices, flowers, plantation crops, medicinal and aromatic plants. Online Plant Nursery Business has great business opportunity and market potential due to its convenient and home delivery factors, it attracts many consumers.
Online School or virtual school is a latest trending business idea owing the rise of technology based education has made online schooling an easier option for students. Online education is rise on due to students are just looking for an alternative setting with their current schedule. It provides a very comfortable environment for students and no need to make time frame for learning, these all features are responsible for the increasing demand of online school. An increasing number of students are shifting to online classes from the comfort of their homes as they save on travel time, are less tired, thus online school business has great opportunity in the market. Consumer want to learn things very easily with the concept understanding and building problem-solving skills, and online school business focused on these thinks that consumer wants. Therefore, the demand for online or virtual school is continuously growing and it has great market potential due to their new technology features. Hence, Online School business has great opportunity to grow due to increasing digitalization, consumer looking for convenient learning source to learn the things.
Online Street Food and Beverages Delivery Business is an untapped business idea. In 2008, the independent street food stalls and kiosks in the country accounted for about 360 billion Indian rupees and it increased significantly through the years. With increasing income and urbanization, demand for food not only increases drastically, but changes with shifts in consumption patterns. Consumers prefer street food and beverages due to its convenient and it provide so many different flavours and menus with customization. As the increasing disposal income and busy lifestyle people are looking for the convenient and easily available food. Street Food already have growing demand due to its taste and varieties in low price, if it having delivery facility to consumer then it will gives great response to this business. It has viable environment for this business because many upper and lower classes also liked the street food due to its specialities. Thus, Online Street Food and Beverages Delivery Business has great market potential and business opportunity in the present days.
Paper Recycling Business is one of the trending and feasible business idea due to its daily uses. It has great business opportunity because people are increasingly becoming aware of the need to protect the environment and conserve our mineral / natural resources. And they are very concern about to save paper for our future generations to come. Thus, saving paper by recycling it is an excellent idea. The process of recycling old paper into new paper might sound like it would be complex, but in reality, it’s pretty easy and it required low operational cost. From recycling of paper many products will be made like tissue papers, newspaper, towels, napkins and many more. It has many favourable features which are beneficial to environment like it produces 73% less air pollution than if it was made from raw materials. Demand for recycled product is increase due to changing lifestyle and increasing concern about environment. Therefore, Paper Recycling Business has a great business opportunity and market potential.
Pay per work housekeeping business is an untapped innovative business idea which having great market in coming years. Today people are warming up to the idea of such start – ups fulfilling their daily house keeping demand with their convenience. Flexible housekeeping service business is trending across the world and the popularity is staidly increasing. It has a good opportunity for this kind of services because almost every house required maid or other housekeeper for make life comfortable. The market may be crowded with a lot of existing players in this sectors but don’t given convenient paying policy to the housekeeper. The way of people living is changing drastically with changes in the routines and lifestyle because of many factors including conveniences, access to selection and attractive pricing, they looking for the services like pay only when they work. Pay per housing services is such a latest services that the availability of market opportunities is ever flowing with the increasing demand.
Pay per workout Gym is one of the most trending and profitable business idea in past few years. It is the same concept as regular gym but only one feature is added into it, that is pay money to gym when you workout no need to pay extra amount to the gym trainer. It’s main purpose is the health rather than making people commit to a monthly fee, that’s why people prefer this kinds of services. Understanding of the importance’s of exercise in day to day life which result in to increased demand for the gym. In India, the total retail market for fitness as a category is valued at Rs.4,579 Cr (US$ 0.76 bn), growing at 16-18 per cent and is estimated to cross Rs.7,000 crore (US$ 1.18 bn) by the year 2017. Demand for pay per workout gym is continuously growing because people are looking for convenient option due to their busy lifestyle. In fitness industry pay per workout gym has great market potential and opportunity, because people are increasingly opting for wellness and fitness choices.
Personalised gift selling business is one of the most trending and latest business idea which has rapidly growing demand and business opportunity in market. Now a days Personalized gifts are a popular choice of many consumers, who is looking for creative ways to express gratitude or love. Whether engraved or embroidered, almost any gift can be personalized. Personalized gifts help recipients celebrate important dates, joyous occasions and memorable moments. Ranging from individuals ideas, such as photo frames and key-chains, to group gifts, such as commemorative gifts, personalized gifts can provide a viable business option for those with creativity and tenacity. Personalized gifts are taking off in popularity, due to growing online sales, higher disposable incomes worldwide, and innovative new products. The market (which excludes photo products) is expected to grow by $9.21 billion through 2020, to hit an overall value of $23.21 billion.
Organic Tea Business is one of the trending business idea in the tea industry, and this industry ever flowing with the increasing demand. Cultivation of Organic tea is done without the use of harmful fertilizers and pesticides which is not contain harmful chemicals. The harmful chemicals may enter our food chain and can lead to severe health problems. Tea is considered to be a refreshing drink which helps in reducing stress and is consumed worldwide. Organic tea is rich in antioxidants and flavonoids. Flavonoids are beneficial in reducing the risks of cardiovascular diseases and also help in lowering cholesterol. They are considered to have anti-cancer and anti-ageing properties which make them a healthier choice. Increasing health problem, results most people are moving towards the alternative which is beneficial to the health with refreshment. Personalized Organic Tea Business has a great market demand and business opportunity due to its health beneficial features and availability of tea in all over the world.
Personal Shoppers provide expert advice and give the highest level of customized and personal customer service possible to individual shoppers. Personal shopper and client go shopping together — it’s the shopper’s job to advise and guide. Some personal shopper services charge a percentage of what the merchandise costs, or they may charge by the hour. Primary drivers of the personnel shopper business are changing trends and passion for finding the perfect gift or outfit, increasing awareness of what’s new and what’s gone out of style etc. Personal shoppers turn errands and shopping into a vocation, serving clients who are too busy or simply unable to shop for themselves. It required low start-up capital and high profits, that’s why it is ideal business idea to do business. By giving personalized attention and providing advanced knowledge of products, services, and trends, Personal Shoppers become trusted consultants for shoppers who want an enhanced buying experience. As increasing disposal income and changing lifestyles shows the business opportunity and market potential.
The photography business in India is reached at over Rs.1 lakh crores and growing at 25-30% year on year basis. Digital Photography has completely revolutionized the industry and made the film based photography industry. Growing per capita disposable income and rising advertising expenditure have driven growth for the Photography industry over the five years to 2017, as both commercial photographers and portrait photographers have benefited from increased demand for their services. Higher disposable incomes are expected to boost consumer spending on professional photography services. The field of photography is wide and competitive but still having great market potential and opportunities. Demand for photographers who possess artistic talent and creativity will increase revenue and consumer also ready to spend on the this type of photography. Specialized Photography business has great market in coming years due to emerging trends and technology.
A podcast is an episodic series of digital audio or video files which a user can download and listen anywhere at 24X7. Podcasts are only growing in mainstream awareness, and with the rise of streaming audio services for music, you’ll see that people look towards other forms of audio content to entertain and inform themselves. It has a great market potential to reach target audience through our own podcast. Very few players are available in this industry and its has great market potential to do business due to large audience presence. The podcast industry is very profitable business in digital industry. Over 50 million people view podcasts a month and demand is continuously growing with the changing lifestyle and trend. Creating a podcast is reasonably inexpensive and it requires a microphone, laptop, and a room with some sound blocking. Podcast creators tend to have a good listener base, because of their relationship with the listeners. Therefore, Podcast business is the great business idea in digital industry and it has great scope in future era.
Potato chips, which have conventionally been an affordable snack, are popular among all age groups, especially the young population. Increasing disposal income, changing lifestyle and urbanisation are promoting higher consumption of potato chips. Potato chips is the ready to eat snacks, therefore consumer prefer this type of snacks due to busy lifestyle. Potato chips market is driven due to long working hours, it reduced the tendency of consumer to have elaborate meal. These chips are served as appetizers, side dish, or as snacks. The global potato chips market is expected to grow at a CAGR of 4.3%, during the period 2017-2022, to reach a market value of USD 40.3 billion by 2022. Potato processing in India has grown drastically and innovation or new product offering into this is considered as great business opportunity. Consumption of potato chips is growing due to changing consuming pattern, thus potato chips manufacturing business has a great business potential.
Precooked Food Business is the trending business idea in all over the world due to increasing demand for ready to eat food. As the increasing disposal income and busy lifestyle people are looking for the ready to eat food. People are very concern about their health, and they prefer food which not contain preservative. Precooked food demand is continuously growing with the time due to its natural and preservatives free feature which attracts consumer. The market has developed rapidly due to the prevalence of a fast paced lifestyle, especially in urban areas. The sector is expected to grow at a CAGR rate of 6% approx. from the year 2016 to 2022. Consumers consuming pattern is continuously changing with trends, now people looking for health food, it shows the business opportunity in the coming days. Thus, Precooked Food Business has a great market potential and opportunity to grow due to increasing demand for ready-made food which not contain any preservatives.
Refurbished Device Sale Business is the selling of products usually electronics, medical and electricals that have been previously returned to a manufacturer or vendor for various reasons. Refurbished device may be unused customer returns that are essentially “new” items, or they may be defective products that were returned under warranty, and resold by the manufacturer after repairing the defects and ensuring proper function. Indian refurbished device sale market is expected to grow at a lucrative CAGR of 14.5% from 2014 to 2020. Growing demand for low-cost medical, electronic and electrical devices due to financial constraints, increasing privatization in the all sector, and rising adoption of refurbished devices in Northern states of the country are the key factors fuelling the growth of the Indian refurbished device sale market. In India, Refurbished device market has been growing day by day and demand for this device is increasing. Therefore, Refurbished Device Sale Business has a great market Potential in coming days.
People who have technical device problems, but don’t have the time to take their any technical devices to repair or maintain shop will benefit from the services of a remote IT support business. This particular business allows you to stay at home and offer PC support over the phone and through remote connection software to access your customer’s computer. It is beneficial to the customer because he can have his device repaired without leaving his house. It just need a computer, a dedicated phone line and remote connection software to start this small business. Due to busy lifestyle and increasing use of technical devices , remote IT service business has opportunity to do business. Remote IT support is a convenient, efficient and affordable way to maintain company’s IT system. With this type of support, business shouldn’t need any additional personnel just to monitor the company’s network and workstations all the time. Remote IT service is one of the most trending business idea and it has a great market potential to grow.
Solar Cooker Manufacturing Business has a great market demand due to increasing pricing rate of traditional LPG –based resources. Solar cooking in India has received steady support from the Indian government, non-profit organizations and several international organizations too. It has led to its increased adoption in various cities, communities and villages across India. Community solar cookers are an inexpensive way of cooking hundreds of meals for the whole community. Due to their distinct advantages, Community solar cookers have garnered positive response from most communities of India which shows potential of this business. Solar cooking replaces traditional LPG-based cooking and saves nearly 100,000 kg of LPG, which translates to INR20 lakh in savings every year. Thus, people prefer this cooking method instead of traditional one. Therefore, Solar Cooker Manufacturing Business has great market potential and business opportunity in the coming days.
Technical gadgets rental business is a latest trending business idea, renting out tech stuff to shoppers via its website. Gadgets are everywhere these days, but most of us rarely get a chance to try them out. And with each new ‘bigger and better’ model that comes our way it gets harder and harder to justify spending hundreds of dollars on every new cool piece of tech. With a number of new types of gadgets available these days, it’s more expensive than ever to own the latest products. Devices to rent on a monthly basis, from smart watches to laptops to home weather stations to virtual reality headsets. Demand of rental devices are increasing due to new updates in technology, people are looking for the latest trending devices. Tech gadget rental business is a such latest and trending business which has a great market potential to grow due to increasing demand for technical gadgets and new updates in technology offers large scope to grow.
Tourists are people who travel outside of their home-base environments in order to spend time visiting a different environment in either a business or leisure capacity. Both vacationers and those on business trips are considered tourists, and they may be touring either domestically (within their home country) or internationally. As the busy lifestyle and increasing disposal income people are looking for the easily available service, they don’t want to spend so much time on deciding place where to go. Thus, demand for tour guide and planner is increasing and people prefer this service instead of searching all the things online. It is convenient option for the newly married couple, older and for those who don’t have time for searching things online or they don’t know about technology use. Travel and tourism is a fun and rewarding industry which provides specialized, customized and limited services to the user. Tour guide and planning business has a great market potential and business opportunity due to its conveniences services.
Translating Business is the most trending business idea, and it has great scope in coming years. Although some translation services are now handled by technology, human translators are still needed for good quality, accurate translation. Among the major users of translation services are businesses who need to communicate with their customers as well as with their own employees. Consumers worldwide want everything on their own terms, and that includes a preference for communicating in their own language. As the Business grow national as well as international level the demand for translator business is increases. Most of the uses of translator is for the businesses, government agencies, book publisher, small business, export business, legal and medical fields. The future of the industry is largely dependent on technology as computer driven translators become more sophisticated. However, the market potential for translator sale business is great and it has great opportunity to grow.
Virtual Reality is one of the most trending business idea and it has greater scope in coming days. It is used in the many sectors, like education, military, video games, live events, real estate, healthcare, interactive desktop applications, social VR, project collaboration and engineering is steadily growing with the increasing demand for virtual appliances. The global virtual reality business market is projected to reach $485 billion by 2025. VR targets untapped industries with innovative business ideas, 2018 promises to be the year of opportunity for forward-looking innovators. It has favourable environment for this business because everyone are looking for the advance technical gadgets. Thus, it has competitive advantages. VR development and market adoption in each of those areas been strong and it has great opportunity to continued expansion of virtual reality into new and existing markets. It has great opportunity and market potential to explore virtual reality in every sector and demand for that is continuously increased with changing lifestyle and increasing disposal income.
Web Analytical Service Business is the latest analytical business idea which has great market due to increasing online presences. As the digital presence increases the demand for web analyst is also increase for the sale of enterprises. Most of the companies are looking for the analytical service instead of hiring digital marketer to optimised website to increase ROI. It gives the basic information like keywords that visitors used to reach a website, top entry pages etc., the website can be optimized to bring in more visitors. Web Analytics, it has great market demand with the emerging technology to meet business objectives. Web Analytics Market Solution cater to all these requirements and help the enterprises in reforming their business strategies and add to the online sales. Therefore, Web Analytical Service Business has a great market potential and business opportunity due to increasing digital presence in the market.
The point of sale (POS) system is the place where your customer makes the payment for goods or services bought from your company. The exchange of these digital currency and validation is done at POS, where It uses block chain technology to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. The POS system is gaining popularity because it does not require high energy costs and costly hardware to collaborate to the network. According to research the cryptocurrency market was valued at USD 284.0 Million in 2016 and is expected to reach USD 2,902.0 Million by 2022, at a CAGR of 32.31% during the forecast period that will results in more use and exchange of cryptocurrency at PoS. There are many advantages of cryptocurrency as it can be use for quick payment at different POS where information is safe and no third party is involved.
The bricks manufacturing is the very profitable business as increasing constructions which need bricks. This business has tremendous potential for revolutionizing the constructions engineering field, using latest technology i.e. Bricks manufacturing vehicles. The Bricks manufacturing vehicles can make various types bricks with a faster rate of production and better quality which will have great opportunities in up coming years. The bricks manufacturing business is expected to grow at the CAGR of 4.0% for the forecasted period of 2017-2024. The previous way of bricks manufacturing causes lot of Environmental pollution, and that can be totally prevented using this new technological vehicles.
Gelatin is a yellowish, odourless, and nearly tasteless substance that is made by prolonged boiling of skin, cartilage, and bones from animals. It is used widely in the pharmaceutical industry for making drugs and supplements capsules which has many advantages as easy digestion, Hermetically sealed etc. The Gelatin Capsules has better opportunities of grow as its also used in cosmetology for skin care and hair care. These capsules are either Hard gel capsules which contain drugs as powder and other as Soft gel capsules which contain liquid solutions that can be dissolved in oil. The increasing awareness among the people about safety drugs are making them more health conscious and according to research the Gelatin capsules market is expected to grow at CAGR of 6.6% till the period 2020.
In camping where peoples go outdoor activity involving overnight stays away from home in a tent, the camping stove is very necessary thing used for cooking. Camping stoves usually works on fuel source added in it, that can be wood, kerosene, Ethanol, Butane, Propane and Gasoline etc. The rapidly changing advance technology has made humans life easy, as with camping stove are also of many added features and made portable. The camping stove has great market potential as most of peoples prefer it because of getting upgraded features as thermo-electric generator which converts heat energy into electric that can be used for various purposes. India cooktops market stood at USD922.24 million in 2016, and is expected to grow at a CAGR of 9.72%, in value terms to reach USD1609.20 million by the end of 2022 which indicates better opportunities in up coming years.
Medical coding is the conversion of healthcare diagnosis, procedures, medical services, and equipment into universal medical alphanumeric codes. The diagnoses and procedure of treatment are taken from medical record documentation, such as prescription of physician’s note that is coded which has great potential make the process work more effectively as paper work is decreased. In this technique the medical coder uses necessary limited information and codes it using different coding languages as ICD-9, ICD-10, CPT etc. The patients file get coded and sent to an insurances companies to claim, using medical code they get full billing details needed to approve. The medical coding is a fast growing field which will increase the employability in the current market by 15% in year 2014-2024 according to statics of market research. The research conducted has forecasted that medical transcription, clinical documentation and coding market will grow by 12.9% from the period of 2016-2020 that shows increasing demand and opportunities in coming years.
The edible cutlery and plates refers to the things that are made using mix of jowar (sorghum), rice and wheat flour ,can also be biodegradable with in short time if in case not eaten. They even come in three different flavours to suit the food that they are served with: plain, sweet, or spicy. Plastic consists of many chemical components which are toxic and carcinogenic, and can leech into food that can be prevented using organic edible products. As government has banned use of plastic, which was used for making of many cutlery’s and plates by many companies their was need of an alternative that is fulfilled by Edible nutritious products. Increasing environmental awareness among the people can increase the Business opportunities of Eco-friendly, edible cutlery and plates to be used.
The landscaping involves any activities that change visible features of an area of land, it includes installing gardens, trees, plants, shrubs, and lawns with the art and craft of growing plants with the goal of creating beauty with landscapes. Landscaping Industry is fast growing as its used by various large organizations and companies to make their campus attractive and give the working environment for employees. In India, increasing per capita income with the change and progressive lifestyle has led to a phenomenal increase in landscaping and gardening market that indicates its growing opportunities. Every year the event international Landscaping and gardening Expo exhibition is arranged which is ideal destination for entire green industry that shows potential and truly be an amazing, useful and productive experience for all the professionals in this sectors. According to the research the landscaping industry is expected to grow at the CAGR of 3.3% for the forecasted period of year 2020.
The vinegar is sour liquid consisting of dilute and impure acetic acid, obtained by fermentation from wine, cider, beer like things used as a condiment, preservative. It has wide range of application which increasing the business opportunities as vinegar is also used in cooking, mainly in brewery, cleaner in ketches, medicines, hair and skin care etc. In vinegar production uses acetic acid in 5-20% diluted only which is produced by fermentation of ethanol by acetic acid bacteria and it also includes water and other trace chemicals. The production of Vinegar can be done using three methods submerged fermentation method, Orleans method and Trickling quick process method. According to research the vinegar industry is rapidly growing with CAGR of around 7% by the year 2021. Vinegar production Business profitable business that has favourable market potential.
Mobile phone accessories include any hardware that is not integral to the operation of a mobile smartphone as designed by the manufacturer. The developing advance technology in electronics has great potential as its fastest growing sector. The mobile accessories are gadgets that give consumers addition features and benefits which has huge business opportunities as mobile and smartphone users are increasing. The people are getting more curious about the mobile accessories as they are getting newly featured gadgets at low price and availability in many qualities. The electronic market of mobile accessories in India is expected to reach the value of $3,545 million by the end of 2025, registering growth rate of 10.4% with further penetration of internet.
Scrap consists of recyclable materials left over from product manufacturing and consumption, such as parts of vehicles, building supplies, and surplus materials. The lack of demand supply gap creates the scrap suppliers business that collects different types of classified scarps and supply to the recycling unit or is exported. The scrap suppliers is the business that have great opportunities with lot of government support as the government is promoting and making awareness of swachh bharat. The Indian Scrap recycling market is rapidly growing at a CAGR of 3.11% according to research by the year 2017-2021. The growth of this sector is expected to be high due increasing knowledge of environmental safety and improving living standard in urban area.
Biotechnology is any technological application that uses biological systems, living organisms, or derivatives thereof, to make or modify products or processes for specific use. It is fastest growing field which has large number of application in Pharmaceuticals, Healthcare diagnosis, Agriculture, Environmental etc. The biotechnology diagnostics centre is the best profitable business which has great opportunities in up coming years as people are getting more health conscious. India is ranked 12th in the world in biotech and 3rd in the Asia-Pacific. The biotechnology sector in India is expected to achieve revenue of US$ 11.6 billion, growing at a compound annual growth rate (CAGR) of 25% by the year 2020. The updating technology of biotechnology has the accurate results of diagnostics and its also gives the best treatment based on their genetic makeup.
A nanoparticle (nanopowder or nanocrystal) is a microscopic particle with at least one dimension less than 100 nm. Nanoparticle production is currently an area of intense scientific research, due to a wide variety of potential applications in biomedical, optical, and electronic fields which has great opportunities in up coming years. The silver nanoparticles is most commercialized nanoparticles of 50% of nanomaterial consumed or used. Nanoparticles has catalytic and optic features make highly suitable for electronics and also properties as wound healing, ability to damage bacteria cells and weakening the cell membrane. The metal nanoparticles (Platinum, Gold, Silver, Iron, Titanium, Copper, Nickel) industry is estimated to grow from USD 12.35 Billion in 2017 to USD 25.26 Billion by 2022, at a CAGR of 15.4%. The growth of this sector is expected to be high due increasing its uses for water treatment, paints & coatings, and cleaning products.
In this tourism sector, Hyperlocal Travel Business is one of the amazing and latest business idea which has great market demand in coming years. It provides different services to tourists and travellers for exploring historic and the cultural areas of the city. The hyperlocal travel business arranges the local tour guide who knows a lot about the traveling spot and will give the information and guidance about it. This business has great opportunities as it offers various services like local cuisines and local market tours, photography , heritages, local industrial tour etc. In India the tourism market expected to grow to US$ 45 Billion by the year 2022, with the CAGR of 10% that indicates the chances for hyperlocal travel business will increase. The growth of this sector is expected to be high due increasing disposal income and improving living standard in urban area.
Jute products and boutiques is one of the amazing and latest business idea which has great market demand. Jute is the second most important vegetable fiber after cotton due to its versatility. The products and boutiques of jute has great business opportunities as its long , shiny fiber can be spun into strong threads, cloth, and made various useful things. The Government had banned plastics uses and jute can be used as an alternative for it which is eco-friendly and easily biodegradable. The research shows that Indian textiles industry estimated at around US$ 148 billion, is expected to reach US$ 223 billion by 2021 with growing CAGR of 17.5%. The Indian jute textile industry is the second largest jute products exporter in world after Bangladesh that indicates business has best profitability and can be expanded in future.
Cedar oil, also known as cedarwood oil, is an essential oil derived from various types of cedar wood of botanical families. It is produced from the leaves, and sometimes the wood, roots, and also from waste which have been left after cutting of trees. characteristics of oils derived from various species of cedar wood may themselves vary, all have some degree of bactericidal and pesticidal effects. In India cedar oil has been shown properties like insecticidal and antifungal properties and to have some potential for control of fungal contamination during storage. The global cedar wood oil market is growing rapidly with the CAGR of 5.8% for the period by 2020 and demand in several regions like India, North America, Europe, China, Japan has increased. The growth of this sector is expected to be high due demand as it is used in medicines which has vast applications and also as magnifier liquid in microscope.
Corn syrup is a food syrup which is made from the starch of corn and contains varying amounts of maltose and higher oligosaccharides. The high fructose syrup can be made using sources as sugar cane, nectar from flower and trees and corn. Many food and beverages industries uses corn syrup because of its natural and has beneficial properties. It can be used as sweetener, Preservatives, Flavour enhancer, Provides texture to food and also retains moisture. The global High Fructose Corn Syrup market was valued at USD 3083.2 million in 2015 and is expected to grow with a CAGR of 4.0% during the forecast period 2018-2023 which indicates there is increasing opportunities in coming years. Due to the increasing health consciousness in people, they prefer to corn syrup that contain antioxidants, fermentable and extends freshness of food.
Rice bran is the outer layer of the grain that is characterized by its high fat and protein content along with vitamins, minerals and many other useful chemicals. Rice bran oil is the oil extracted from the hard outer brown layer of rice after chaff. The business of rice bran oil processing has the great opportunity as the market demand for the heart friendly oil is increasing with more awareness in the people for health consciousness. The oil also has many applications, it is used as edible oil, industrial grade crude, free fatty acid manufacturing, plasticizers, Tocoferol, and made wax of it. According to research the global rice bran oil market has grown at a CAGR of around 3% during 2010-2017 and reached the production volume of around 1.5 million Tons in 2017 and is expected increase much till 2022. The main healthy benefits of using rice bran oil is, contains good fats, lowers cholesterol, high at smoke point, rich in vitamin and has anti inflammatory properties.
In this sector, fish net manufacturing is one of the amazing and latest business idea which has great market demand in coming years. A fishing net is a net used for fishing, the nets are usually meshes formed by knotting a relatively thin thread. Early nets were woven from grasses, flaxes and other fibrous plant material but later cotton was used made up of polyamides and nylon. The global fish net market is rapidly growing with the CAGR of 7.2% for the forecasted period of time 2023. Thus, fish net manufacturing has business opportunity in future with increasing fishery industry and demand for sea food. Fish net manufacturing Business has favourable market potential and business opportunity.
In health care sector, IV fluids manufacturing is one of the amazing and latest business idea which has great market demand. Intravenous fluids are chemically prepared liquid solutions that are administered into patient through the intravenous sites. The intravenous therapy is given to patients for dehydration, electrolyte imbalances, deliver medications, and for blood transfusions. According to research global market for Intravenous (IV) Solution is expected to reach USD 11,511.2 million by 2022 and is expected to grow at a CAGR of 7.69% during the forecast period 2016-2022. The growth of this sector is expected to be high due increasing diseases and various health problems can be treated it IV therapy. IV fluids manufacturing Business has favourable market potential and business opportunity.
The fish processing is term refers to the processes associated with fish and fish products between the time fish are caught or harvested, and time the final product is delivered to the customer. The traditional technologies available for fish processing contribute to the reduction of postharvest losses. Fish processing includes steps are washing, degutting, salting, fermentation, drying, and smoking. These operations contribute to the development of flavour, texture, colours, and improved storage characteristics of the products. Due to the fish processing the fish and products can be stored and preserved for more days other wise contaminated as its highly perishable. The fish processing market is projected to reach USD 222.71 Billion in terms of value, at a CAGR of 3.8% from 2016 to 2021. The growth of this sector is expected to be high due increasing demand that is 37,194.98 KT in terms of volume by 2021, at a CAGR of 2.2% from 2016 to 2021. Aquaculture industry and increasing health consciousness have been contributing to the growth in the fish processing market.
The pomegranate processing is one of the amazing and latest business idea which has great market demand in coming years. In this the pomegranates are processed into various products which are high in valued nutrients and has health benefits. Pomegranate is one of the most important fruit crops in India because of its adaptable nature, high profitability and being cultivated on a commercial scale in India. The pomegranate processed products are good source of bioactive compounds, mainly anthocyanins which exhibit strong chemo-preventive activities such as anti-mutagenicity, anti-hypertension, anti-oxidative potential and reduction of liver injury. According to research the pomegranate products market is increasing rapidly and is expected to grow with the CAGR of 7.7 by the year 2022. The growth of this sector is expected to be high due increasing awareness in people about health consciousness and improving living standard in urban area.
In this sector, steel fabrication is one of the amazing and latest business idea which has great market demand. Steel Fabrication is the process of building steel structures by cutting, bending, and assembling processes, it involves the construction of structures from various raw materials. The steel is an alloy, which is mixture of several material under the impression that steel is strong so its used in making various things. The one of best method is (EAF) Electric arc furnace in which the waste scrap of steel can be recycled and made many products of it, makes steel fabrication business profitable and has great opportunities. According to research global metal fabrication market was valued at around US$ 16,824.1 Million in 2016 and is expected to expand at a CAGR of over 3.4% from 2017 to 2025. The growth of this sector is expected to be high due increasing products used in both residential and commercial construction industries.
The Mushroom farming is one of the amazing and latest business idea which has great market demand in coming years. A mushroom, or toadstool, is the fleshy, spore-bearing fruiting body of a fungus, typically produced above ground on soil or on its food source in which only some are edible not all. All types of edible mushrooms contain varying degrees of protein and fibre. The mushrooms have great nutritional value and also contain B vitamins as well as a powerful antioxidant called selenium, which helps to support the immune system and prevent damage to cells and tissues. Global mushroom market value is expected to exceed USD 50 billion by the years 2022 due to growing mushroom demand in from the recent past that to with the CAGR of 4.1%. The growth of this sector is expected to be high due increasing health consciousness and improving living standard in urban area.
In this sector, Raisins production is one of the amazing and latest business idea which has great market demand. A raisin is a dried grape, raisins are produced in many regions of the world and may be eaten raw or used in cooking, baking, and brewing. Raisin varieties depend on the type of grape used, and are made in a variety of sizes and colours including green, black, brown, blue, purple, and yellow. As health consciousness among the people is increasing which will create more opportunities for raisins production business because its raisins contain polyphenols, antioxidants, flavonoids and nutrients that can benefit overall health. According to the research Global Raisins Market is expected to grow at a CAGR of 5.35% during the period 2018-2022. Raisins production Business has favourable market potential and business opportunity.
The laser keyboard manufacturing is one of the amazing and latest business idea which has great market demand in coming years. The laser keyboard is also known as projector keyboard which is form of input device that gives the image of touchable keystroke virtual keyboard on the surface which senses and respond as input. The people now a days are more likely to use a latest technological gadget, its main advantages are portability, better accuracy, less need of typing surface. The laser keyboard has great opportunities as it also need very less force that easing the strain on wrists and fingers. According to the research the global virtual keyboard market is growing with the CAGR of 4.77% by the year 2020 that indicates the growing market potential. The maintenance of the laser keyboard is much easier and its also made water proof and hence less prone to damage.
A mug is a type of cup typically used for drinking hot beverages, such as coffee, hot chocolate, soup, or tea which got added with self stir feature called self stirring mug. Its latest innovation Self Stir Mug will stir any liquid from, tea to soup, Simply press the thumb-friendly button at the top of the handle and watch as the battery-powered mug does all. The self stir mug comes in different designs and shapes as camera lenses stir mug. The self stirring mug works silently and usually it will produce 3000 revolution per minute to create some turbulence via shear forces, and that causes the fluid to mix and make a perfect coffee. According to research the mug used are from the unorganized sector which is to be replaced by 45% ,in up coming that indicates growing opportunities in the market. The growth of this sector is expected to be high due increasing uses of latest technological gadgets by people. The self stirring mug manufacturing has favourable market potential and business opportunity.
Cloths folding machine manufacturing unit is one of the amazing and latest business idea which has great market demand in coming years. The Cloths folding machine is a new advanced gadget which folds cloths in proper manner, and many people will prefer them because it saves time. According of research the global folding machine market to grow at a CAGR of 4.97% during the period 2017-2022. The growth of this sector is expected to be high due to increasing use of tech gadgets and improving living standard in urban area. Cloths folding machine manufacturing business has favourable market potential and business opportunity.
Cashew nut shell liquid oil processing is one of the amazing and latest business ideas which has great market demand as it has many applications. Cashew Oil or Cashew Nut Shell Oil is a dark reddish brown viscous liquid, extracted from a soft honey comb structure inside the cashew shell. CNSL has over 200 patents on its industrial applications. The latest research has also shown that CNSL has constituents contains special structure feature, which can be useful for manufacturing specialty chemicals. The growth of this sector is expected to be high due increasing demand in the market, as according to the research the CNSL oil market is expected grow with CAGR of 7.8% by the year 2022. Cashew nut shell liquid oil processing business has favourable market potential and great profitability.
Industrial R & D is one of the amazing and latest business ideas which has great market demand. R & D is the activity that are of two forms, R&D department either staffed by engineers and tasked directly developing new products and other is staffed with industrial scientists and tasked with applied research in scientific or technological fields. R&D (Research & Development) plays a very important role in the success of a business as it contributes to sustainability of business and also provides a platform for creativity and innovation to flourish in an organisation. Research and development centres in India contributed $18.3 billion, which is around one-third of the global R&D and services market. According to a study done by management advisory Indian R&D services revenue will touch $38 billion by 2020 with the CAGR of 33%. The growth of this sector is expected to be high due increasing demands for research from various industries. Industrial R&D Business has favourable market potential and business opportunity.
Prefabricated building materials manufacturing is latest business idea which has great market demand in coming years. Prefabricated building materials are used for buildings that are manufactured off site and shipped later to assemble at the final location. The commonly uses prefabricated building materials are aluminium, steel, wood, fiberglass and concrete. The prefabricated building materials manufacturing is the best profitable business with most of the will prefer as its low cost housing construction permanent and detachable. Global demand for prefabricated housing will rise 2.7 percent annually through 2019 to 3.4 million units which indicates the growing market opportunity. The growth of this sector is expected to be high due increasing demand for portable containers which can be used for hotels and shops.
The constructing robotic rooms is one of the amazing and latest business idea which has great market demand in coming years. The robotic interiors is the type of robotic living a reality in which they uses smart furniture that transforms into a bedroom, working or storage area, or large closet or slides back against the wall to optimize space in small apartments. The robotic rooms have great business opportunities as it has advance feature that people will prefer as it can be controlled by mobile connectivity or remote. According to research the global robotic interior automation market size was valued at USD 199.1 million in 2016, growing at a CAGR of 60.5% during forecast period. The growth of this sector is expected to be high due increasing disposal income and improving lifestyle.
The edible cutlery and plates refers to the things that are made using Jackfruit can also be biodegradable with in short time if in case not eaten. Research found that the jackfruit’s bracts, axis, seed and the fleshy, sticky, fibrous nut holders offered a healthy and economic alternative to plastic. They even come in three different flavours to suit the food that they are served with: plain, sweet, or spicy. Plastic consists of many chemical components which are toxic and carcinogenic, and can leech into food that can be prevented using organic edible products. As government has banned use of plastic, which was used for making of many cutlery’s and plates by many companies their was need of an alternative that is fulfilled by Edible nutritious products. India’s total jackfruit production is close to 1.7 million tonnes a year. This presents a big opportunity for converting waste into healthy food in the form of edible plates.
The liquid crystal Nano-coating is truly revolutionary product contains pure, particle free, Silicon Dioxide (SiO2) ,which means that it contains “pure glass. The glass is in a molecular form and is held in a liquid form, it doesn’t become “glass” until it’s allowed to dry. Liquid Glass is invisible to the naked eye, This means that the coating doesn’t alter the appearance or texture of the treated surface in any way, shape or form. Application of Glass Coatings makes the products sustainable & offers them corrosion resistance and cleansing properties which will create the great market opportunities in up coming year. The Global Glass Coating Market is forecasted to grow exponentially by 2023, registering a staggering CAGR during the review period. Glass Coating is used in various applications such as building and construction, automotive, marine, aviation, and others.
In this food sector, Homely Tiffin’s business is one of the amazing and latest business idea which has great market demand in day today life’s. It provides different services to peoples by delivering the delicious home made food, which can be for breakfast, lunch and dinner too. The advance technology is made the easy for business too pick the food, order and it will be delivered, which save time and its more convenient way preferred by bachelors, students and working people. This business has great opportunities as it offers various services like food for senior citizens as they need and also kids meal tiffin’s. According to research publisher Facts, home made meal kit delivery services generated close to $1.5 billion in sales in 2016, which is as an industry, in the next five years it is projected to grow to a multi-billion dollar market.
The baby spa is the latest business idea which is having great business opportunities in the up coming years. The Spa for the baby is the concept which consist of two components, first is hydrotherapy and second is neonatal massage and gentle exercise. The business of baby spa is very effective as it benefits your baby with brain and muscle growth. The best services in baby spa is hydrotherapy which helps to improve their balance and coordination and, ultimately, support their ability to crawl, walk and swim and also strengthening intercostal muscles and the respiratory system. According to the research global spa market is forecast to rise at a compound annual growth rate (CAGR) of 5.66% from 2017 to 2021, which will be more with contributions of Baby spa.
Edible Water Bubble Aims To Eliminate Plastic Bottles which has the great business opportunities in up coming years. The Edible water bubble is immersing a frozen ball of water or juice into a calcium chloride solution which helps form a gelatinous layer around the liquid. The water bottles are usually come of 1 litre or 500 ml which can even made into small quantity’s as per needs. As government has banned use of plastic, which was used for making of water bottles by many companies their was need of an alternative that is fulfilled by Edible water bubble. The water bubble can be made of various colours and flavours and it can also with hold juice and soda.
The regional specialities is the latest business idea which will have great market demand. The business of regional specialities is concept that brings all the type of foods and products from the different locality at one store. The growing awareness and changing lifestyles towards regional brands will create better business opportunities. The regional specialities that people can buy are Sweets & snacks, chocolates & bakery, Dry fruits, Health & herbals, Antique products, Arts & handicrafts, jewellery, clothing and footwears etc. One can shop the specialized products by specific states, regional brands, popular categories, and Authentic products.
Capsule hotels are the latest business idea that will have great market demand in up coming years. A capsule hotel is also known as a pod hotel, is a type of hotel developed in Japan that features a large number of extremely small “rooms” (capsules) intended to provide cheap, basic overnight accommodation. Capsule hotels is concept in which they provide capsule shaped bed room and there is common bathroom and shower room with very hygienic facility. It is the best profitability business idea as it each individual to pay separate and for each capsule and needs less space for each capsules. According to the research the global capsule hotels market is valued at 159 million USD in 2016 and is expected to reach 226 million USD by the end of 2022, growing at a CAGR of 6.03%. The Main features of capsule contain, TV and clock alarm inside and for security purpose they have lockers.
The Eco friendly earthen refrigerator and its product is one of the latest business idea which has the great business opportunities in up coming years. Refrigerator is made from terracotta clay, which is totally natural product that is ideal for storing water, milk, fruits and vegetables. The earthen clay refrigerator may quality product that runs without electricity. Global earthenware market is expected to drive on account of increasing generic fashion in home decorations. The earthen bottles, dinner set and other products are also available in various design which may potential as it is healthier and gives many benefits. India is also a lead exporter with 40 per cent market share, by expanding product portfolio that indicates its growing market which is a profitable business.
The Magnetic mobile case is the latest business idea which has the great business opportunities in up coming years. Modern phones are often expensive items of equipment, Losing or damaging them can be serious so to do everything possible to protect them against accidents can be done by these advance cases. The Magnetic mobile cases are the very necessary now a days that can add style to match your lifestyle, with benefits like heat and dust resistant. The best features of magnetic mobile case is that it has the corning glass fits mobile with magnetic bumper which is shock absorbent and scratchproof. Mobile phone accessories market in India will reach a value of $3,545 million by the end of 2026, with the CAGR of 10.4% which indicates the magnetic mobile case business has highly growth market.
It is the advance device that is connected to mobiles via Wi-Fi / Bluetooth it can be uses in multiple way as Bluetooth for calling, wireless earphones and language translating earbuds. The wireless language translating earbuds the latest technological gadgets which has the great business opportunities in up coming years. Their the huge demand in the market for such gadget as it make people to understand various languages which can be helpful in shopping, traveling and business meetings. The wireless earbuds are chargeable and it is be controlled by google translator to handle translation in real time. The market demand for language translating devices is increasing which is a profitable business idea has great potential to penetrate the market.
The Reversible umbrella manufacturing unit is one of the latest business idea which has the great business opportunities in current market. The Reversible umbrella is the newly designed umbrella which close in the upside down way and stops water dripping by closing or opening. The reversible umbrella is of various types with various types of polyester cloth used or frame made up of different material. The reversable umbrella will be preferred by most of people because of its features of reverse folding, Windproof, Hands free handle. The innovative design in the Indian umbrella market will increase the growth of market which is the profitable business idea.
The Matcha processing unit is one of the latest business idea which has the great business opportunities in up coming years. Matcha is made from finely ground powder of specially grown and processed green tea leaves. The powdered form of matcha is consumed differently from tea leaves or tea bags, and is dissolved in a liquid, typically water or milk. It give lot of health benefits as Boosts metabolism and burns calories, rich in fiber and vitamins, calms the mind and relaxes the body. The global matcha market size was valued at USD 2.62 billion in 2016 and is expected to witness a growth at a CAGR of 7.6% from 2017 to 2025 that indicates it has growing market. Due to the increasing health consciousness in people, they prefer to matcha products that contain antioxidants, including powerful EGCg.
Aloe Vera plant has been known and used worldwide for centuries for its health, beauty, medicinal and skin care properties. The Indian Aloe Vera market is projected to grow at a CAGR of over 10.02%, in value terms, during 2018-2023 & reach up to $ 38.68 million by 2023. Factors like growing acceptability, rising number of health-conscious people, increasing disposable income, etc. are driving the market. With the advancement in technology and changing consumer preferences, the penetration of Aloe Vera is increasing like the functional food in the food & beverage industry, gel, and ointment finding its way in the pharmaceutical industry. The global demand for Aloe products is increasing particularly in Europe. Starting an Aloe Vera processing unit is a promising business opportunity.
India has a well-established system of medicine known as Ayurveda. At present, Indian market for the medicinal plant is unorganized. Herbal drug trade is waist, secretive and unregulated. The value of medicinal plants related trade in India is 5.5 billion US dollars. India’s share in the global export market of herbal drugs is less than 0.5 per cent which shows opportunity for this business in coming days. The government of India has taken several initiatives to develop technology for the effective conservation and efficient utilisation of medicinal plants, to coordinate research and developmental activities as well as to prepare databases which might be helps to grow herbal processing business. Herbal medicines nowadays tend to gain more and more popularity among health care providers and drugstore customers, as well. Increasing population, greater ageing population, changes in life style, etc. drive demand in health care services. The nature care in health, food, cosmetics, personal care products, etc. is becoming popular due to its known benefits and lesser or no side effects. This increases the herbal product business opportunity multifold. The global trade of natural products is estimated to grow three times by 2020. Even the projected growth of herbal medicines is about 10-20%. India has lot of potential for producing world class herbal medicines because it is very cost effective and less expensive than the medicines of an allopathic.
Spices are mostly used in medicine, religious rituals, cosmetics or perfume production, or as a vegetable. The global market for spices has witnessed continued demand during the last few years and is estimated to reach USD 37.4 billion by 2022, at a CAGR of 4.7%. Total spices export from India stood at 226,225 tonnes valued at US$ 621.78 in April-June 2016, registering a year-on-year growth of 3 per cent. Increasing awareness about its medicinal benefits are likely to drive the global spices market during forecast period 2016 to 2022. Medicinal Spices for antioxidant, anti-aging and weight loss properties are highly in demand across the globe. Availability of Medicinal Spices in different form and improvement in distribution channels will change the market dynamics in upcoming years. These business has great market opportunity due to strong potential of spices production and consumption in all over the world.