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Showing posts from May, 2025

The Cocoa Shift: How India’s Agribusiness Sector Can Capitalize on Africa’s Decline in Cocoa Production

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 More than 60 percent of the world's cocoa is produced in West and Central Africa, especially in Ghana and Ivory Coast. Climate change, however, is disrupting this dominant position. The region's cocoa productivity has started to decline due to rising temperatures, unpredictable rainfall, and degradation of the soil. Nearly 47% of West and Central Africa may no longer be useful for cocoa farming by 2050, according to research. Production in the northern belt is expected to drop by 12%. A strategic change in buying preferences is expected as an outcome of the rising demand, and will likely result in higher cocoa prices, which are already up by more than 40% in 2024. Despite being a relatively small participant at present, India stands to benefit greatly as manufacturers from around the world look for alternate sources to expand their supply chains.  Global businesses are already in motion. By investing in local R&D and farming capability, Mondelez, the company that makes Ca...

Beyond Sweets: Market Research Services Powering India’s Cocoa-Based Confectionery Sector

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 Chocolate stands at the core of India's thriving and fast-developing cocoa-based confectionery industry. The market is expected to grow at a CAGR of 7.63%, reaching USD 3.58 billion by 2030. From the cocoa bean to delectable final products like milk and white chocolate, the value chain is evolving significantly. Leading companies like Nestle and Mondelez International are at the forefront, but the market is dynamic due to factors including growing disposable incomes, Western influences, and the revolutionary growth of e-commerce platforms. Despite an increase in domestic cocoa production, the industry's need for critical cocoa butter and powder greatly exceeds availability, necessitating large imports. In this rapid landscape, market research services become essential for both new and established players. It is critical for new companies to comprehend the complex Indian customer preferences, including flavor profiles, price sensitivity, and the rising demand for high-end good...

Cocoa Goldmine: Evaluating Feasibility Study Services for Agribusiness Entrepreneurs in South India

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 The humid climate of South India, particularly in Tamil Nadu, Kerala, Karnataka, and Andhra Pradesh, provides an ideal environment for cocoa production. This region is quickly turning into a cocoa goldmine for agribusiness. The growth is driven by government initiatives like the DCCD and MIDH, which actively encourage expansion through financial aid and mentorship. The cocoa landscape of South India differentiates itself by innovative intercropping with coconut and arecanut, providing benefits for lucrative business ventures. However, an extensive feasibility study is your crucial road map before you enter this exciting field. A careful examination of the financial, technical, market, and organizational aspects of a cocoa agribusiness in South India is necessary. In terms of finances, it's essential to comprehend the costs of the initial investment, continuing operating expenditures, and possible revenue streams from intercrops and cocoa. Long-term viability will be established by...

Decoding India’s AgriTech Ecosystem: Market Feasibility Services for Startups

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 Indian agriculture sector is set to reach ~ USD 598 billion by 2029. Around half of the Indian population still relies on agriculture for its livelihood. This shows the importance of agriculture and agrobusiness ecosystem for Indian economy. However, average yields are still low in India pertaining to numerous factors such as fluctuation in weather conditions, decline in soil quality, lack of skilled workforce, poor knowledge of advanced agriculture practices, higher post-harvest wastages, etc.  This necessitates the need for new start-ups that can improve agriculture yields and deliver higher values to the producers by leveraging modern technologies. Consequently, agritech start-ups are on a rise in India. Both governments led initiatives and private sector participation are boosting the growth of agritech startups in the country. These start-ups are helping farmer with real time expertise and know-how by leveraging technologies and physgital ecosystems. As per Nasscom , the...

Export potential benefits of structured farming

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 India is one of the major agrarian economies in the world. It features amongst the top 5 producers across a wide range of cereals, pulses, fruits, vegetables, cash crops, etc. However, India has limited footprint in global exports market. This can be reversed with the help of adopting better techniques to boost yields, improve quality of produce to match international standards, strengthen supply chain and reduce post-harvest losses. Agriculture cooperatives, trade promotion agencies and governing agencies should also reach out to new markets.  Take the case of mangoes. India is the biggest mango producer in the whole world, producing ~ 20 million tonnes annually. However, has exported  a modest 32,000 tonnes of mangoes in 2024 worth USD 60 million. Compare this with Brazil that exported 258,000 tonnes in 2024 worth USD 348 million.  To capture a bigger pie of the global mango export, India has to systematically invest in its rural economy and agrarian infrastructur...

Tailored Consulting for Agri Entrepreneurs: From Planning to Market Entry

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 The Indian agribusiness sector is one of the major constituents of economic growth. The total size of the agriculture sector in India was around USD 479 billion in 2023. It is growing at a sweeping pace and is set to reach USD 598 billion by 2029. Indian is one of the major producers in the world for numerous kinds of cereals, pulses, fruits, berries, vegetables, etc. Similarly, the production of numerous cash crops such as jute, cotton, coffee, tea, cocoa, sugarcane etc. are also rising fast.  Indian agriculture business is no more just limited to primary production as many entrepreneurs are realizing the immense value addition that can be achieved through processing. Raw materials can be greatly transformed with the help of host of activities such as fermenting, milling, drying, grinding, etc. For instance, raw mangoes can be sold directly to local markets, mandis or retail chains. However, the same can be transformed into pulp, juice, dried pickles, chutney etc. thereby ad...

Why Market Research Is Crucial Before Starting a Chocolate Business in India:

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 Are you thinking about establishing a chocolate company in India? For businesses to maximize their success in this dynamic and sophisticated environment, market research becomes a vital tool. This serves as a map for understanding consumer needs, identifying new trends, overcoming competitors, and mitigating risks. Awareness of your audience's price points and preferences (dark, milk, or vegan options) gives an edge over the competitors. These insights are provided by market research, which enables you to customize your goods and advertising tactics for optimal effect. This is how you can spot growing consumer demand for luxury, organic, or sugar-free chocolates. By monitoring major players, you obtain their strengths and weaknesses, enabling you to carve out your distinct competitive advantage. This crucial input also refines existing solutions and highlights captivating product potential. Market research assists in understanding changing Indian consumers' tastes in accordan...

How Structured & Organized Cultivation Can Multiply Mango Yields and Boost Overall Income Levels

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 India is the biggest producer of mango in the whole world. Annually it produces ~ 20 million tonnes of mangoes, with a total of around 2.2 million hectares of farm space dedicated to its production. It is grown throughput the country including UP, Bihar, Karnataka, AP, Gujarat, Maharashtra. India is home to ~ 1000 varieties of mangoes including popular ones like Alphonso, Langra, Dasheri, Totapuri, Badami, Kesar and much more. However, despite being a global leader, India’s mango production capabilities are underutilized. The segment is largely unorganized, which affects overall yield and revenue generation potential.   Organised mango farming can develop into a significant agribusiness in the country. The concept goes beyond traditional methods by emphasising commercial-scale farming and the application of enhanced procedures across the value chain, from framing to harvest to sorting to post harvest procedures. Important elements include proactive management of pests an...

Assessing Risks, Returns, and Technology Fit in Agri Projects Through Techno Commercial Studies?

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 Indian agriculture sector was valued at USD 479 billion in 2023 and is set to reach USD 598 billion by 2029. Close to 45% of the Indian workforce are employed in the agriculture industry. There are multiple factors that are driving the growth in Indian agriculture and agribusiness industry. Large sized population, growth in per capita income, change in lifestyles are some of the key fundamental factors fuelling demand. India is also a major exporter of agro commodities as well as processed goods. Few of the key segments where India exports heavily are mango, soybean, rice, sugarcane, pulses, ground nuts, cashew, tea, coffee and much more.  As Indian agribusiness sector is rising, we are also witnessing influx of organized players in the space, lured by its long-term potential. Numerous large-scale business houses Tata, Reliance, ITC, Olam International are active in the space. Many conglomerates whose business are based on agriculture are now backward integrating to boost the...

Top 5 Mistakes to Avoid When Launching a Retail Business in Pari Chowk

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       Ø Poor Market Research:  The primary junction that links important areas, including Alpha 1, Knowledge Park, and the Yamuna Expressway is Pari Chowk. However, a lot of businesses enter the market without analysing local demands. For instance, students from Galgotias University and Sharda University have different preferences from families in Gaur City or ATS Greens. A poor match between product and market can arise by ignoring to examination of consumer demographics, lifestyle trends, and peak business hours.   Ø Bad Location Choice:  Foot traffic can be significantly increased by being near the Pari Chowk metro station, the Grand Venice Mall, and Omaxe Connaught Place. But picking a store in a less noticeable area of Jagat Farm or one that is difficult to gain access could significantly cut down visitors. Accessibility and visibility are key in such a dynamic area.   Ø Inventory Mismanagement: The customer base in Greater Noida is diverse;...