The Indian Bakery Industry is experiencing enormous growth of over 9% according to a recent report. This huge industry employs a large number of people. In this segment, there are over a million organized small-scale bakeries and more than 2000 organized and semi-organized bakeries. Out of all the segments of India's food processing sector, the bakery segment is the largest.
80% of this market is captured by bread and biscuits that are consumed extensively by the masses. After the USA, India is the second country in terms of biscuit production. Bread and biscuits are FMCG products, consumed daily by most consumers, which is the main reason for the increase in sales of these products across the country. The tremendous growth of fast-food outlets and has further stimulated the demand for bread as they are used for preparing sandwiches, burgers, snacks, and many more items.
Other reasons behind consistently increasing demand for bakery products are:
- Increase in the disposable income of the middle class
- The rising popularity of cakes, pastries, and other bakery products due to advertisements on TVs and social media
- Busy lifestyles, changing eating habits, and western influence
- The emergence of healthy, gluten & sugar-free cakes has also encouraged many diabetics and health-conscious people to buy them
- A rise in the number more training institutes which produce skilled bakers & cooks
- Stringent adherence to safety and hygiene requirements according to the country’s food laws by the bakers
We have discussed why cakes, pastries, and bakery items are becoming more and more popular in India. Now let’s discuss the points that are needed to start a bakery business:
- Analysis of this industry
- SWOT (Strengths, Weaknesses, Opportunity, and Threats) and financial analysis of your business
- Operational and marketing plans
- Choosing an appropriate location for your business operations
- Acquire FSSAI license, GST Registration, and Local Municipal Corporation Health License, Police Eating House license, and the Fire License
- Getting the manpower for your business
- Installation of POS and billing software
- Purchasing of required equipment
Willing to start your business but afraid of the risks involved? You can avail yourself of Confectionery & Bakery Products Franchise and earn huge profits! Visit www.getdistributors.com for more information!
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