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Leaders In

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Leaders In

Food Industry

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Food Product Development Overview

Product development is an important activity in the food industry. Product innovation is a necessity for food processing companies to survive in the competitive business environment.

Businesses spend a significant amount of their time and money on the development of new products. However, the success rate of companies in the new product development is considerably less. Large companies with ample financial resources can afford to have in-house product development teams for product innovations. Unlike the large companies, MSMEs cannot afford the product development teams and therefore lag in terms of product innovation.

At SolutionBuggy, our food product development consultants help small and medium scale food processing industries in the food production development by guiding at each and every stage of the process. We help them to keep up with the expectations of their customers with innovative products.

Steps in Food Product Development

Customer Trust
Food Concept Development
Funding & Loans
New Food Development
Brand Value
Product Testing
Business Expansion
Marketing
Legal Advantages
Product Launch

Food Product Development Services Across

  • India is an agriculture-dependent country and agriculture is the backbone of the Indian economy. Agriculture and allied industries are the primary source of more than 50% of the population in the country. India is the second-largest producer of sugar and one of the leading producers of fruits and vegetables in the world. India’s huge agricultural base offers abundant raw materials required for the agro and food processing sector.
vegetables
  • The beverages industry in India is one of the most diversified with different types of soft drinks, hot drinks and others such as coffee, tea, etc. due to India’s diverse climatic conditions and geographies. Considering India’s 1.3 billion population, the country offers a huge market for beverage industries both domestic and international. Almost 75% of the beverage industry is organized with the presence of a large number of small and medium scale industries.
vegetables
  • India is the largest producer of milk and is one of the largest producers and consumers of dairy products in the world. Dairy processing is one of the major segments of the food industry in India. There exist a large number of private players in dairy processing in India which contribute to more than 60% share of the industry. Apart from private enterprises, government regulated enterprises also contribute to a significant portion of the industry.
vegetables
  • India is well known for its spices across the world for their texture, taste and medicinal value. India is the world’s largest producer, consumer and exporter of spices. Spices are the essential ingredient of cooking in India as well as many south Asian countries. India produces 75 varieties out of 109 ISO listed spices in the world.
vegetables
  • India is one of the largest and fast-growing ready to eat and ready to cook food markets in the world. With changing customer behaviours wherein people are looking for convenient food options, the market for RTE/RTC food products is going to increase rapidly in the country. Particularly, the rural markets of India still remain untapped when it comes to the RTE/RTC industry.
vegetables
  • India is the second-largest consumer of meat and poultry in the world. India has the largest livestock population in the world. The poultry industry in India is one of the most advanced sectors and is on par with the efficiency levels of western countries. The demand for clean, safe and hygienic meat products is growing across the world, opening up opportunities for MSMEs in the industry.
vegetables

Companies Availed Food Product Development Services

Govt. Initiatives & Schemes

PLI Scheme

An outlay of Rs. 10,900 Crore to enhance domestic manufacturing capabilities and exports

Operation Green (Top to Total)

To help fruits and vegetable growers increase sales and reduce post-harvest losses.

AHIDF

The scheme will provide financial assistance for dairy, meat and animal feed processing industries.

PMKSY

Establishment of mega food parks, integrated cold chain and value added infrastructure, food safety and quality assurance infrastructure, etc.

ODOP Scheme

Identification and promotion of specific food products for each district under the ODOP scheme.

PM Matsya Sampada Yojana

An amount of Rs. 20,050 crores till FY 2024-25 for the sustainable and responsible development of fisheries sector.

NABARD Loans

Loans at minimum interest for food processing units in designates food parks from NABARD.

Business Ideas

Different Types of New Food Product Development Consultants We Offer

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If you are looking for food product developer or food development company for assistance in food product development, then kindly register with SolutionBuggy. With a network of food product development consultants, we help you in new food product development.

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