What Best Organic Food Business to Start in Hyderabad
Hyderabad is known for the amazing food varieties that it offers but now it has also taken an organic dip to cater the health conscious people their organic taste of life.
Organic food makes its roots firm after people realized the importance of being healthy and carrying a healthy lifestyle.
According to TechSci Research report, “India Organic Food Market By Product Type, Competition Forecast and Opportunities, 2011 - 2021”, India organic food market is anticipated to grow at a CAGR of over 25% during 2016-2021, due to increasing use of synthetic chemical fertilizers and pesticides in non-organic products that lead to various health issues such as cancer, obesity and birth defects.
So here is the list of the best organic food business to start in Hyderabad:
Organic Baby Food Business:
Working parents are mainly concerned about their babies’ food and organic baby food business has a lot of opportunities to grow in developing cities like Hyderabad.
A leading market research firm has estimated the Indian baby food market to be $240 million and says the figure will go past $300 million by 2020 at a healthy CAGR of 10-12 percent. Currently, some of the major players in the organic baby food segment are Pristine Organics and Early Foods.
The investment required would be up to 10 lakhs and the ROI would be 20-25%.
Organic food restaurant:
Organic food restaurants are very few and people are ready to pay for a healthy diet, which is why organic food restaurant is very profitable.
Not everyone can start an organic food restaurant and start earning profits, so taking up an already successful food restaurant franchise can be a feasible option over others.
The investment required would be up to 20 lakhs and the ROI would be 60-65%.
Organic Food Products Distributor:
Getting the right product to run a restaurant or store is as important as getting customers. So if one starts an organic food products distributor business, he/she can earn a healthy profit.
Encouraging farmers to grow organic products and supplying them in the market as well as to homes or franchises of BigBasket and the likes can help in generating enough profit. One just has to focus on the discipline of the work and understand the needs of customers.
The investment required would be up to 10 lakhs and the ROI would be 40-50%.