Food is our ultimate need and we cannot survive without food. And after the lockdown the food businesses are thriving like never before. So, if you are thinking to start a food business but don't know where to start, we have brought you a list of 20 profitable business ideas that promise great returns and have low investment needs.
So lets start;
Latest Food Business Ideas
Home Bakery: This business idea is the very simple and requires the least investment. All you need is good recipes, baking oven and lots of molds. With the spread and reach of social media you can take your small home bakery to another level in no time. Many corporate companies give orders to such small businesses and if you can fetch such deals then you can make decent returns in this food business. This business can help you make Rs 8000- 15000 per month.
Cooking Classes: Do you often catch people complimenting you for the food you cook and you have some amazing recipes? Then you can start your own cooking classes (even online!). This is the best for people who are looking for home based food businesses.
Food Blogging: This is for those people who are a big foodie as well as possess good writing and photography skills. Food bloggers in India can easily earn Rs 25000 – 100000 per month.
Organic Food Shop: Making organic food the USP for your business can help you earn crazy money. More and more people are becoming health conscious these days. You can open a shop that sells only organic food & products.
Pickle Making: Pickles are in great demand internationally. You have to develop some unique recipes. Pickles have a huge market and can be made use of to start a profitable business.
Nutritionist / Dieticians: Dieticians are the people who advises particular diet to the people as per the needs of their body and health. And as the people are increasingly becoming conscious about their health, demand for nutritionists is increasing. For this you might need to have a qualification in health science, nutrition or dietics.
Food Delivery Service: A Startup that support farmers and delivers farm fresh produce to homes in the big cities has a huge potential and can prove to be one of the best startup.
Organic Farming: People are increasingly shifting towards organic vegetables. If you like farming and have a piece of land, you can start you own organic farming business.
Grain Processing Units: Rice mills and Flour mills can be set up if you have the correct knowledge and required capital for it.
Ginger Garlic paste making units: Ginger garlic paste is the basic ingredient of majority of Indian dishes. Although there is competition, this business has huge market opportunity.
Jam and Squash making: jam and Squash making is another profitable food business.
Ice block Manufacturing: Ice is required for many purposes such as keeping the fishes fresh. This is a simple business idea which can be started with minimal investment.
Herb farming: In most of the Indian households, some or the other herb is used regularly. Commonly used herbs are Tulsi, Aloevera, Ashwagandha, etc. Hence, farming herbs a good scale can help you good amount of money.
International Food Retail: A store that can provide all the international foods and their ingredients can prove to be one of the most lucrative & novel business idea.
Canning service: canning is the technique of preserving food in which the food contents are processed and sealed in an airtight container. It helps to increase the shelf life. You can either provide a service for canning the food that people want to preserve or start your brand of canned food material.
Local restaurant Guide: If you think you have visited almost all the restaurants of your city, then you can become a guide for others. You can start your website or just a simple Instagram page can work, through which you can help people to get know about the various discounts and offers that are available on different restaurants of your city and you can earn commission from the restaurants.
Grocery Store: Traditional grocery stores require no introduction and can never run out of business.
Catering: This is the best business for someone who is a good planner and have amazing management skills. People plan parties and most often than not hire caterers for it. This business is especially beneficial because the service is provided in a short span and money can be collected immediately.
Dairy Products business: In a country like India, dairy products like curd, paneer, lassi, buttermilk etc., will always be in demand. You can either take a franchise of some popular company like Amul but, since that might require lot of money, you can also make your own products and sell.
Coconut oil manufacturing: coconut oil is not just a cooking oil but is also used in various cosmetics. This requires a huge set up that would also require huge capital but once established this can help you earn huge amount of money.