List of 40+ Food Business Ideas to make money in 2024

“Your diet is a bank account. Good food choices are good investments” – Bethenny Frankel. 

Well, we all can agree with Bethenny Frankel, that food is a good investment not just for our health but for our bank accounts too. With an annual growth rate of 7.23% (CAGR), India’s food industry is one of the most profitable industries to invest in. With new food business ideas coming every day this is a business sector where you can never go wrong. People love eating good food and trying different cuisines. So, if you are thinking of starting your business then you can positively choose this field.

Now, there might be questions arising in your mind like ow to start a food business. What are the best food business ideas? How much investment will it require and many more? Then look no further, here you will get answers to all of your questions. So, keep reading till the end.

How to Start a Food Business?

Before you explore your choices for a food business, you need to know how a food business is started. Here is the step-by-step guide to starting a food business in India.

Step-1 Discover Your Interest and Skills

Starting a food business doesn’t only include just cooking food, there are several categories in it too. What you need to do is discover where your interest lies. Find the field that attracts you, and after that evaluate whether you possess some skills related to that or not. Some skills can be learnt but you must have at least the basic skill needed to run a business. Because having an interest in a business idea is not a guarantee of its success, you need to have the right skills to build a brand and business.

Step-2 Create a Business Plan

Having a written business plan, is cardinal for any food business. It’s not only an outline of your business idea but a directory in which you will continue your business. A detailed business plan includes several things. Such as information on the product/ service, market size, USP of the product/service, type of food on the menu, and brand details. Other than that, your business plan also includes the study of your competitors, the trending topic of the industry, and the initial steps to be taken.

Step-3 Find the Finances

Finance is in every fibre of any business, without adequate funding initial setup of your food business cannot happen. The best thing you can do is start small, as it will not only require a small funding amount but the risk of losses decreases too. And in case of a shortage of finances, you can take a business loan, turn to your family or break your deposits. After you have your funds create a budget for your spending and investment, and stick to that budget during the initial stage. Having a clear-cut finance budget stops you from going overboard with unnecessary spending, this way you have money for emergencies.

Step-4 Setup Your Business

Now that you have adequate finances to set everything in motion, it’s time to set up your business. Starting from buying/renting the business place, where you will sell/manufacture your food products. After that you need machinery and d equipment, and then comes the labour, furniture, and so many petty expenses. Once all these things have come together you can start working towards your next step.

Step-5 Choose Supplier

All food businesses require some kind of raw material to make their finished good, and that raw material is supplied by the manufacturers. You need to find a good supplier for your raw material, who could provide you with good quality food materials at a reasonable price. The best way to do so is to research and get into the supplier market and talk to several raw food suppliers and choose the one that meets your business requirements.

Step-6 Get the Permissions/Licenses

Before you start your business operations you need to acquire all the necessary licenses, certificates and permissions. Getting all the necessary documents ready before the actual start of business operations saves you from getting into legal trouble. And as food is a sensitive business it makes food businesses more prone to legal actions if everything is not done right. So, get all your licenses like FSSAI license, GST registration, Trade license, In- house eating permission, Fire NOC, Permission from Local Municipal Corporation etc.

Step-7 Find Employees

This is for food businesses that are starting on a large scale, if you are a small food business owner and work alone you can skip this step. Large-scale business owners need to find qualified, dedicated and honest employees for their businesses. You can start searching by looking into your connections and put job postings for vacancies.

Step-8 Marketing Your Business

Marketing is an important aspect of any business, without spreading the word about your new food business you can’t attract potential customers. Thanks to social media marketing have become quite easier, today every business has an online presence, where they interact with customers, inform them about their new products and services, take their feedback and much more. So, establish your social media presence.

Best Food Business Ideas

Business Ideas	Initial Investment (est.)	Earnings (est.)	License Required
Organic Food Business	10 lacs	100000	FSSAI Registration FSSAI State License FSSAI Central License
Tiffin Service	2 lacs	80000	FSSAI license Trade license License from the police department Society’s NOC Fire NOC Shop and Establishment license.
Start a Coffee House	5 lacs	600000	Business registration FSSAI license Health Trade license Eating house license Fire security certificate Trademark registration GST registration Shop and Establishment license
Chocolate Making	5 lacs	100000	FSSAI License GST Number Trademark Registration Labelling Of Vegetable Fat Trade License from Local Authority
Food Truck	8 lacs	200000	Fire Safety Certificate Shop and Establishment License NOC from RTO NOC from Municipal Corporation FSSAI Mobile Vendor’s License Kitchen Insurance
Ice-Cream Parlour	5 lacs	200000	FSSAI licenses Local Municipal Authority license Shop establishment licenses Fire license
Cooking Classes	1 lac	25000	Company Registration GST Registration ISO Certification in India Trademark Registration Online FSSAI Registration
Home Bakers	5 lacs	60000	FSSAI license GST registration Business License Resale Permit
Tea Bag Making	2.5 lacs	60000	Firm Registration FSSAI registration GST registration Trade license MSME/SSI registration Pollution certificate
Pet Food Manufacturing	2 lacs	50000	FSSAI License
Cooking YouTube channel	5k	25000	No License
Milk & Dairy Products	5 lacs	100000	FSSAI-Food safety license Registration
Mithai/Sweet shop	3 lacs	100000	FSSAI Registration for Petty Food Businesses FSSAI Central License FSSAI Central License
Jain Food Service	5 lacs	300000	FSSAI License Health/Trade License Eating House License Shop And Establishment Act GST Registration Fire NOC
Farsan/Papad Making Business	10k	40000	FSSAI Registration SSI/MSME Registration GST Registration Registration of Firm EPF Registration Trade License PFA Act
Ketchup Manufacturing	4 lacs	50000	FSSAI Licence Company Registration GST Registration Trade Licence MSME Registration BSI Certificate
Diet Food Business	3 lacs	100000	FSSAI License Health Trade License Eating House License Environmental Clearance GST Registration
Spice Manufacturing Business	10 lacs	200000	FSSAI Licence  Business Registration GST Certificate Trade Licence (Regional) Udyog Aadhaar MSME Registration AGMARK Certification
Chopped Vegetable/Fruit Business	3 lacs	40000	FSSAI Basic Registration FSSAI Central License FSSAI State License
Jam and Jelly Making	15 lacs	300000	FMCG registration and certificate Trade licence MSME registration GST registration NOC by the state pollution control board
Meat Processing Business	20 lacs	100000	Firm Registration Trade License MSME/SSI Registration GST Registration Food Safety License EPF Registration Pollution Certificate Trademark
Restrictive Diet or Special Diet Food Business	3 lacs	50000	FSSAI License
Potato/Banana Chips Manufacturing Business	8 lacs	100000	FSSAI FOOD LICENSE
Flour Milling Business	10 lacs	100000	FSSAI License Trade License Firm Registration GST registration MSME/SSI Registration
Food Blogging	1k	10000	No License
Burger Joints	10 lacs	300000	FSSAI license GST Registration Trade Licence Eat House License Fire Department NOC Certificate Of Environmental Clearance
Dry Fruit Processing	3-5 lacs	50000	FSSAI registration and certificate Trade license GST registration MSME registration IEC registration
Coconut/Olive Oil Manufacturing	5 lacs	100000	FSSAI registration GST registration  Udyog Aadhaar MSME registration
Ginger and Garlic Paste Manufacturing	4 lacs.	55000	FSSAI registration GST registration MSME/SSI Registration Trademark
Momos/Maggie Stall	15000	40000	FSSAI registration GST registration Police Eating House license Local Municipal Corporation Health License Fire License
Fruit/Vegetable Juice Shop	50k	50000	FSSAI License Business Registration Trademark Registration GST Registration Shop and Establishment License
Biscuit and Cookie Making Unit	5 lacs	100000	FSSAI licenses GST Registration Health License Fire Department NOC
Iodized Salt Production	1.5 lacs	15000	Business registration with ROC Trade License Factory License Udyog Aadhaar MSME Registration BIS Certification Food Business Operator License
Microbrewery Business	50 lacs	300000	FSSAI License GST Number Excise Department Approval Restaurant Liquor License Fire NOC License Eating House License
Fish Farms	50k	25000	FSSAI License
Food Catering	10 lacs	500000	FSSAI License Business Entity Registration GST Registration Trade License MSME Registration
Herb Farms	20k	100000	FSSAI License Goods and Services Tax (GST) Ayush Manufacturing License Standard Quality of Drugs and Cosmetics
Import Exotic Fruits & Vegetables	5 lacs	100000	Importer-Exporter Code FSSAI Importer License Customs Clearance
Coffee Roasting Business	3 lacs	80000	FSSAI registration Registration of firm Trade license GST registration Pollution certificate
Pickle Making	80k	40000	Basic FSSAI Registration State FSSAI License Central FSSAI License
Ghee or Clarified Butter Making	2.5 lacs	50000	FSSAI license GST Registration

Top 40+ Food Business Ideas to Start in India

Here are the best 41 food business ideas which you can follow their business journey.

1. Organic Food Business

The organic food business refers to food items produced without synthetic chemicals. Organic farming is a small food business idea that is gaining popularity quickly. With people becoming more conscious about their lifestyle and eating habits, the organic food business is something that you can look forward to earning profits from.

Benefits

• There is growing demand among people for organically grown vegetables and fruit, making it a good business idea.
• Organic Food Businesses get support from the government itself, and initiatives like National Program for Organic Production (NPOP) help business owners in setting up businesses.
• It’s an environmental-friendly business, as it doesn’t use chemicals like fertilizers, pesticides etc.

Challenges

• There is a lack of awareness among farmers about this farming method which needs to be amend with time.
• The soil nowadays contains less biomass, which creates problems in generating high-yielding crops.

2. Tiffin Service

A tiffin service business from home is one of the best small food business ideas. In metropolitan cities, people commute long distances for work and lead hectic lives. Hence, the demand for fresh home-cooked food is increasing, any home-maker can start this business and money.

Benefits

• It’s easier to find customer in this business, especially if you are providing services in metropolitan cities.
• There is no need to keep big inventories stored for a longer time, as the stock comes and gets used immediately.
• The payment settlement is done immediately, leaving no issue of credits.

Challenges

• There is cut-throat competition in this business model, making it difficult to earn higher profits.
• As the cook of tiffin service, need to keep re-inventing new dishes, as customers don’t like eating same dishes.

3. Start a Coffee House

Cafes or coffee houses are ideal places to relax with friends and colleagues. They are gaining popularity amongst youngsters and adults. Cafes allow visitors to sit and enjoy coffee and snacks without any time restrictions. That is why metro/railway stations, airports, markets and shopping complexes have coffee houses where people love to have a cup of coffee after their hectic day.

Benefits

• Coffee shops are one of the most profitable food businesses to start, take examples of companies like StarBucks and Barista.
• Creating coffee is an art, you can show your hidden talent by inventing new coffee flavours and selling them to customers.
• Coffee Houses are like the social clubs, where people can come, relax and connect with each other.

Challenges

• Finding the right location for your coffee house can become an issue sometimes.
• Employing and training the staff can create problems too. At every step, from roasting coffee beans to straining coffee everything needs to be done right.

4. Chocolate Making

Surveys reveal that Indians are amongst the world’s largest consumers of chocolate. Therefore, the scope for chocolate manufacturing is growing rapidly. Chocolate making is a popular food business idea. It is the business which will give you guaranteed sweet returns with extra profits.

Benefits

• Chocolate-making business can be started from home too, which makes it more profitable. As more returns can be earned with less investments.
• Customers are easily available, as chocolates are eaten not just by kids by grown-ups too.
• It has the simple business model without much complications.

Challenges

• It becomes difficult for chocolate makers to keep up with changing preferences of customers. As not many alterations can be made to the initial ingredient “chocolate”.

5. Food Trucks

Food trucks are becoming increasingly popular among the many food business ideas in India. Due to the rise in corporate culture, people are always looking for new food varieties. Food trucks also have lower operating costs than cafes and restaurants. And their mobility expands their reach to more and more customers.

Benefits

• Operation cost of food trucks is lower than other food business ideas.
• The truck owner can experiment with location, and move to places which bring more money.
• The staffing cost is also low, which means you keep most of the profit with yourself.

Challenges

• Getting permissions and certificates can be tricky if different states or regions gave different rules.
• Keeping inventory in bulk for longer period can become an issue sometimes.

Also, read Breaking the 9-5 Mold: Innovative Self Employment Ideas in India

6. Ice-Cream Parlours

People of all ages love ice cream; it doesn’t require a special occasion to be enjoyed. A recent FICCI survey indicates that frozen desserts have a high market share and profitability. And with every new flavour coming the demand for ice-creams is only going to increase.

Benefits

• The ice-cream selling business has a large market size, which means there will always be demand for the product.
• Large market size decreases the chances of risk for the business, which is a plus point for the business.
• It’s easy to start an ice cream parlour.

Challenges

• Creating your Unique Selling Point (USP) creates an issue for the parlour owners.
• Keeping maintenance and inventory expenses in control is another issue that ice-cream parlours face.

7. Cooking Classes

The cooking classes are a great food business idea for anyone investing small amounts. Cooking is an essential life skill for all ages. Entrepreneurs can easily start such a business in their locality. This is not only a profitable food business idea but can also expose you to better platforms.

Benefits

• People who love cooking and creating new dishes get a chance to follow their passion while earning.
• Culinary classes can open doors for you to becoming a chef for hotels and restaurants.
• The demand for good food instructors is quite high in food management industry

Challenges

• The profit margin is quite low which sometimes discourages the cooking instructors.
• Instructors have to commit more time than their pay sometimes

8. Home Bakers

Another lucrative business idea for food is baking from home. A home baker specializes in baking cakes and other sweet food items. These also include savory food items like bread and pizza. Depending on the orders received, home bakers can earn up to Rs. 5,000–Rs. 10,000 daily.

Benefits

• It’s a low investment food business idea if you are starting from home, which is good start for any business.
• The demand for home-baked cakes and cookies is rising to make it a profitable business.
• Flexibility of doing the job anytime from home.

Challenges

• Working hours can be quite long sometimes.
• Running and managing the baking business can be stressful sometimes.

Also Read: Home-based Business Ideas

9. Tea Bag Making

India is one of the largest tea-consuming nations in the world. It is estimated that each Indian consumes about 750 grams of tea annually. Tea bag making is a lucrative food business idea. One only needs tea and paper bags as the starting materials.

Benefits

• It’s a rising food business idea, since the development of corporate culture.
• The investment and requirement of large raw material is quite minimal.
• Profit margin is high increasing chances of making business profitable.

Challenges

• There is quite large amount of backend work that needs to be done in the business.
• Finding the right clients who pay well can be quite difficult.

10. Pet Food Manufacturing

Pet food manufacturing is a food business idea which can be started by keeping the animal in the focus. It is a low to medium-range competition business venture, and if the product you offer meets the needs of pet owners, then you will make your name easily. With good research and good-quality raw materials, you can do it.

Benefits

• Low competition business venture.
• Rising market size of the product makes it right business to enter.

Challenges

• Changing customers demand can make it difficult to keep up with.
• Pet food contamination and safety issues can raise concern about this business.

11. Start a Cooking Youtube channel

Entrepreneurs interested in investing in the food industry can consider starting a Youtube channel. The platform allows people to showcase their talents. Those interested can even hire a cook and upload videos. This food business idea is a great means of passive income and needs minimal investment.

Benefits

• Low to no investment required to start this business
• It can be started from the comfort of home
• The income returns are higher once a strong viewership is established.

Challenges

• Researching new dishes for every video can be challenging sometimes.
• The online market of this idea is quite filled with competitors.

Related Article:
How Youtubers Earn Money through Viral Videos?
15 Ways To Earn Money From YouTube

12. Milk & Dairy Products

Another great small food business idea is investing in dairy products. Every locality and residential complex needs a milk and dairy products shop. One can start a milk and dairy products franchise for companies like Verka, Amul, and Mother Dairy.

Benefits

• High and ever green demand of product makes it a safe business venture
• The profits margin is quite high in the business
• It is easy to find customers for the products.

Challenges

• It’s difficult to build trust during the initial stages
• There are many big brands available, which crate competition in the market.
  

13. Mithai/Sweet shop

Running a sweet shop is one of the best food business ideas. It is well-known that Indians have a sweet tooth and enjoy eating various sweets. Once you start a sweet shop and offer a range of sweet products you can create your individual brand identity.

Benefits

• It is easier to earn profits in this business venture.
• There is a working flexibility as you can work as many hours you want.
• Opening sweet shops gives personal satisfaction, as bring smiles to faces with sweets.

Challenges

• You always have kept the food quality and safety in mind.
• Keep inventing new products with changing customer tastes can be challenging.

14. Jain Food Service

Jain food refers to food prepared without adding onion or garlic. Some Jains avoid eating onion and garlic during festivals and fasts. Others prefer eating Jain food as a regular practice. A tiffin service providing home-cooked Jain food is a great small business food idea.

Benefits

• Immediate cash as you sell the products immediately after making.
• Rising demand of healthy and simple food make this food business idea a good choice.
• Less competition

Challenges

• Storing raw materials and the finished product can be an issue as they are perishable.

15. Farsan/Papad Making Business

Apart from sweets, Indians love fried and baked snacks. Farsans are ready-to-eat savoury snacks. A papad is a thin wafer that can be either fried or baked. A person can set up a small to medium-level kitchen to make farsan and papad. And once you get your first few orders, getting repeated and new orders becomes easier.

Benefits

• Low investment amount is needed to start business
• Can be started from the comfort of home.
• Profitable business with high turnover.

Challenges

• Getting food license can be issue.

16. Sauce/Ketchup Manufacturing

Another great food business idea is to manufacture sauce or ketchup. Tomato sauce is the most common type of condiment that accompanies several snacks and dishes. This makes it an easily sellable product in the market, best part you can start selling it in small pouches and bottles.

Benefits

• Less processing time is needed, which means lower production cost.
• A high profit earning business with large market size.

Challenges

• Getting food license is quite difficult.
• Food and safety concerns should always be kept in mind.

17. Diet Food Business

The diet food business is profitable and unique. Due to hectic metropolitan lifestyles, full-time workers find it hard to prepare healthy food daily. Instead, they prefer to buy ready-to-eat diet food.

Benefits

• Growing market size makes this a good food business idea to get into.
• There is quite low competition in this food idea, which can benefit you if you provide good quality product.

Challenges

• Getting food license is quite difficult.
• Raw and finished product can’t be stored for longer, as they are perishable.

18. Spice Manufacturing Business

India is famously known as the “home of spices”. The preparation of most Indian dishes is incomplete without spices. To start a spice manufacturing business, one must buy ungrounded spices and packing materials. The initial investment needed for the spice manufacturing business is not much.

Benefits

• It’s a high profitable food business idea
• The demand for spices is not only in India but in other countries too.

Challenges

• Finding raw material at reasonable prices can become quite challenging.

19. Chopped Vegetable/Fruit Business

If most snack food business ideas seem unappealing, you can invest in something healthy instead. In general, people find it easier to consume chopped and diced vegetables. The initial capital for a chopped vegetable/fruit business depends on the level of operations. One can start this business independently or hire staff.

Benefits

• It’s a growing market with lower competition, which is good for new businesses
• The customers range varies from individuals, to corporate, and hotels

Challenges

• Storing the material can be an issue as it’s quite perishable.
• Getting food license is not easy.

20. Jam and Jelly Making

Jams and jellies are either eaten as food accompaniments or with bread as breakfast. They are commonly found in homes, and kids enjoy eating them. India has a growing market for jam and jelly making.

Benefits

• It’s an hight profit yielding food business idea.
• Can be started at small scale form the business too.
• The investment amount is low.

Challenges

• Storage of product can create issue sometimes.
• Cooking perfect jam or jelly is skill that requires time to learn.

Also, read the following: 20 Unique Business Ideas to Stand Out in 2024

21. Meat Processing Business

Meet processing business is means where animals are slaughtered, cleaned and stored for selling. Starting this business is quite profitable as there is a large demand for meat in India. But meat food items have a considerably shorter shelf life than fruits and vegetables. Such products should be washed properly and stored at low temperatures to prevent decay.

Benefits

• The demand of product is high, means higher profit.
• Lower competition market

Challenges

• Storage of raw material can be challenging.
• There are food and safety concerns involved.

22. Restrictive Diet or Special Diet Food Business

Due to the prevalence of lifestyle diseases like diabetes, many follow special and restrictive diets. Such individuals look for gluten-free and vegan food options. Those who wish to start this business can provide fresh, home-cooked special diet food and earn quite good profits.

Benefits

• Growing market, thus ample opportunities to grow business
• Can sell products at higher profit margin.
• Lower competition

Challenges

• Storing the raw and finished material can be issue, as they are perishable.

23. Potato/Banana Chips Manufacturing Business

Another great snack food business idea is to invest in potato and banana chip manufacturing. Entrepreneurs can either set up small-scale or large-scale manufacturing units. The raw material for this business is easily available. Business owners can retail products through local shops and large departmental stores. The initial investment varies for small-scale and large-scale operations.

Benefits

• Large market size with higher profitability.
• Can be started at small scale from the home too.

Challenges

• Getting food license can take time.

24. Flour Milling Business

The flour milling business is a high-competition business with the scope to profit at all levels. Indians consume a variety of flours—such as wheat flour and ragi flour—in everyday cooking. One can start flour milling at a small level and then increase the production level.

Benefits

• Flour is necessity, making this business an evergreen option
• Profit margins are quite high.

Challenges

• It is high-competition business, so making your name can be quite tricky.

25. Start a Food Blog

Food blogs are great for those interested in the food business but hesitant to invest. A food blog is also a great way to earn passive income. Moreover, it doesn’t need much initial investment. Food blogs can feature restaurant reviews, recipes, and other food business-related content. There are numerous free online platforms where one can easily host a food blog.

Benefits

• Does not require any investment to start
• Can give you name and fame in food market
• An opportunity to earn money through collaborations and ads.

Challenges

• Require time and efforts to get desired results.

Read about: How to Make Money Blogging

26. Burger Joints

One of the best fast food ideas for business is running a burger joint. Making burgers requires no expert cooking knowledge, so this is a great food business idea. Those interested can also consider setting up a franchise of an established burger joint. The initial investment can vary depending on whether one chooses to franchise or be self-produced.

Benefits

• One of the High profitability fast food business ideas.
• A growing market, thus ample opportunity.

Challenges

• Competitive market-place
• Getting food license can take time.

27. Dry Fruit Processing

As per estimates, India is the third largest producer of dry fruits worldwide. Dry fruit processing is one of the bankable food business ideas. You can provide a variety of dry fruits or any particular one, either way, you can make quite large number of profits.

Benefits

• Strong market size with large demand.
• Potential to earn good amount of money.

Challenges

• Getting quality raw material can be challenging.

28. Coconut/Olive Oil Manufacturing

Coconut and olive oil manufacturing are not new to the market. However, one can be successful if one delivers high-quality products. Business owners can expect a profit margin of about 35%-40%. And with the rising health consciousness among people, this business is going to grow more.

Benefits

• Strong market base with high demand of product.
• The profitability rate is higher

Challenges

• Cut-throat competition in market
• Getting license takes time.

29. Ginger and Garlic Paste Manufacturing

Ginger and garlic paste is the most common cooking ingredient in Indian households. The ginger garlic paste business has significant market potential and profit margin scope.

Benefits

• Growing market with high profitability rate
• Lower competition, making it easier for new business to enter.

Challenges

• Packaging of product can be challenging
• Getting food license takes time

30. Momos/Maggie Stall

Shops selling momos and Maggie noodles attract hordes of college and school students as clientele. A Maggie stall is among the easiest small business food ideas. One should consider starting a Maggie and momos kiosk near schools and colleges.

Benefits

• It is the best food business idea to create quick cash by selling your products.
• Require minimal amount of investment to start the business.
• Popular among the people of various ages.

Challenges

• Competition is quite high in this business, which can become a problem if you don’t create your brand.
• Rules and regulations regarding food stalls are quite strict.

31. Fruit/Vegetable Juice Shop

Due to increased health-related issues, people are cautious about what they consume daily. A fresh fruit and vegetable juice business is easy on the pocket and yields profits. Such shops do not require too much space and have lower operational costs.

Benefits

• Finding the raw material is easy.
• You make instant cash, so there are no worries of credits.
• Does not require much initial investments to start this food business idea.

Challenges

• Creating your unique place in the market can be an issue during the initial stages.

32. Biscuit and Cookie Making Unit

Indians love their evening tea or coffee with biscuits and cookies. Like savoury snacks, biscuits and cookies also have a high market demand. One can retail their own products or franchise brands like Britannia and supply to supermarkets. If you choose this food business idea then you can positively walk on the path of success.

Benefits

• Cookies are always in-demand and once you establish your USP you can sell them profitably.
• Does not require large amount of investment to start.

Challenges

• Finding all the raw material and a good supplier can be an issue.
• Need to create a unique place or you will get lost between the other brands.

33. Iodized Salt Production

Iodized salt production might not seem like an ideal food business idea. However, it has a good profit margin. Iodized salt, an FMCG good, has considerably high market demand. The business does not need the installation of very complicated machinery and equipment.t.

Benefits

• Salt is a necessity, which makes this food business idea a must have and ever green success.
• You can start the business at small scale, which means low investment and high returns.

Challenges

• The raw material coming from various sources can change the quality. Thus, keeping quality check becomes issue.

34. Microbrewery Business

India has experienced a recent surge in demand for craft beer. Due to this, many restaurants have started microbreweries and are manufacturing their beer. Microbreweries attract more customers to the restaurant, resulting in better sales.

Benefits

• Changing lifestyle is bringing rise to this business which is good.
• High profit earning business, once you start right.

Challenges

• Requires lots of permissions and certificates to run the business.
• Acquiring the right location, staff and equipment can take lots of time and effort.

35. Fish Farms

People who enjoy meat and non-vegetarian food prefer fresh fish to avoid contamination-related health complications. It is not one of the new food business ideas, but it offers a decent profit margin. A person can provide products to restaurants and hotels or customers directly.

Benefits

• It’s an environmental-friendly business, thus, is accepted by most people.
• There is high demand for organically bred farmed fish, so the business can boom.
• There is low investment in the business

Challenges

• Lack of natural water bodies creates problem for the fish farmers.
• The supply is less than the market demand, which creates pressure on farmers to grow more fishes quickly.

36. Food Catering

Food catering is one good food business idea for people who want to earn big profits from the food industry. As the food caterer you will be providing food services to the people during their special events like marriages, business meetings, social gatherings etc. Food caterers give various types of food choices to their customers fulfilling their needs.

Benefits

• You can earn quite a good amount of profit from one order.
• The booming market of hospitality makes this food business idea a success.

Challenges

• Finding the right employees can be quite difficult.
• It’s a business of cut-throat competition

37. Herb Farms

People are becoming more health conscious and choosing healthy food options in their routine diet. Due to this, the demand for herbs and medicinal plants has seen a sudden surge. Business owners looking to venture into this food business can start herb and medicinal plant farms.

Benefits

• You can earn much more profits by selling herbal plants to the pharmaceutical companies.
• There low investment in this food business.
• Herbal farming is supported by the government.

Challenges

• Taking care of sensitive herbal plants takes more time and effort
• Finding the right customer who values the importance of herbal plant can be difficult.

38. Imported and Exotic Fruits and Vegetables

Selling imported fruits and vegetables is one of the exceptional food business ideas. Individuals can start a shop stocking exotic fruits and vegetables. They may even sell fruits and vegetables through a website or mobile application. The demand for this particular business is increasing, and a considerable profit margin exists.

Benefits

• You can sell imported fruits/veggies at hight price and make good money.
• It’s a rising business, if you deliver good products, you can make your place in the market.

Challenges

• Importing fruits/ veggies from other countries, sometimes they can get rotten.
• The price of buying such fruits in whole sale can be high.

39. Coffee Roasting Business

After tea, coffee is the most consumed beverage in India. The business of coffee roasting has a considerably large market share. A person can either sell coffee online or supply it to coffee houses. Either way, it is one of the best food businesses to start and earn profits.

Benefits

• Roasting your own coffee gives you a chance to promote your brand.
• High-demand of good quality roasted coffee makes this food business idea a good choice.
• Supplying wholesale coffee enhances your income.

Challenges

• Acquiring the skills to roast the coffee bans just right can be difficult.
• Getting the right place to setup your roastery can take time.

40. Pickle Making

Any mealtime in an Indian household is incomplete without adding some pickles. Due to hectic lifestyles, people prefer buying ready-made pickles from the market. Pickle manufacturing is one of the best homemade food business ideas. Those wishing to start this venture can do so with little capital and raw materials.

Benefits

• It’s a low investment hight returns food business idea.
• The demand for pickles never goes away, making it a stable business choice.
• You can offer wide variety of choices to customers, and keep them satisfied.

Challenges

• Have to keep reinventing with new choices.
• Can’t keep the inventory stocked for longer period, thus, products need to be made before raw material gets spoiled.

41. Ghee or Clarified Butter Making

Ghee is a powerhouse of health. It contains nutrients necessary for bone and brain health and growth. Many households have an extreme fondness for ghee or clarified butter consumption. While churning ghee at home is possible, it is time-consuming. Due to this, people prefer buying ready-made ghee from the market.

Benefits

• It’s an evergreen market, especially in country like India. So, profits are always be there always.
• The Profit margins are quite high which helps the business in flourishing.

Challenges

• The process of making butter is quite pricey.
• Getting quality raw material can be an issue too.

Recommended Read:
40 Trending Startup Business Ideas in India
Online Business in India that Anyone Can Start

Start Your Food Business Today!

Everyone needs to eat food and everyone likes to eat healthy and tasty food, but there are only a few who can provide such food. If you are interested in the manufacturing part of the food business then you should positively start a business.

There are several food business ideas that you can choose from some of the best ones are even listed in the article. And if you thinking about how to start a food business in India then go through the information again.

With our Business guide, discover unique business ideas, build a successful business from scratch, and learn effective business growth strategies.

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