your password has been reset successfully, Please login again.

Food Industry: Buy, Sell or Invest

Food Industry is a hub of business opportunities so let's find out why you should buy/sell or invest in a business.
BY Akshay Arora
Feature Writer, BusinessEx
Dec 14,2017

In India, the richness of food, spices and flavours has left an impression on the tongue of Indian consumers which builds the demand for a food business but also increases the competition. It is not easy to start your own venture in this industry until and unless you have done everything perfectly, like selecting a good location, attracting customers, preparing delicious food, etc. So it is hard for people to decide when to invest in a business or buy a business or sell a business.

Well if you are planning to buy or sell a business even invest in a business in Food industry, you need to be aware of the industry trends so that you will make a good decision.

Current trends in the food industry:

As per the IBEF report, India stands as the sixth largest food and grocery market in which retail businesses are contributing over 70 per cent of sales. Also, food processing industry of India is one of the largest market contributing in this space. By 2020, it is estimated that Indian organic food market will grow three times than the current value.

According to National Restaurant Association of India (NRAI) report, the restaurant market of India was estimated at Rs 3.09 lakh crore in 2016 and by 2021 the restaurant sector will contribute 2.1 per cent of countrys GDP. By 2021, thefood service market will reach around Rs 5 lakh crore with CAGR of 10 per cent.

When and Why to Buy Business?

It is essential to know when and why buying a business in this industry is beneficial. The food industry is a promising industry which has itself diversified segments for business services. The demand for a food business never fades away, so buying a business in this industry is a good idea.

Now its time to decide when to buy. Well, the first thing you should do is keep up-to-date with the current trends of the and check the prices for a business you want to buy constantly. Suppose if you buy a business in the festival season then you are making a mistake as it is the time that seller will charge more. Also, location prices keep changing so try to buy a business in a good crowded market so that demand for your business is more.

When and why to Sell Business?

If an entrepreneur is facing some challenges from competitors, running low on finance, planning to change the segment or starting a new business then an entrepreneur must sell their business. While selling an entrepreneur must do a proper planning and try to build goodwill in the market, complete financials and go for selling when the value of the business is high.

When and Why Invest in Business?

Investing in a food business is investing in future. This business opportunity is hard to find opportunity because returns are the highest in this segment. These business opportunities have great investment potential and when you see fit the economy is stable and demand is high then you should invest. Now is the perfect time to seek out for this opportunity.

Where to Buy/Sell/Invest?

The most challenging task for an entrepreneur is to decide where to buy/sell/invest as it is a time-consuming process. BusinessEx is the platform that is created to solve this issue by providing a space where buyer, seller and investor can interconnect to do the transaction. So if you have planned what you want to do then register now.

Please add your Comment
SIMILAR Articles
February 21, 2019
Keeping a vigilant eye on the economy is essential for investors as well as investors-to-be. ...More
By Jaspreet Kaur
February 14, 2019
Today, insistent entrepreneurs are opting-in the industry and help create a positive outcome in the ...More
By Jaspreet Kaur
February 12, 2019
Plainly trusting on the success rate of the stocks and betting your hard-earned money into plans can ...More
By Jaspreet Kaur
February 11, 2019
Ascertaining a good business idea is not difficult nowadays, the surging economy easily renders new ...More
By Jaspreet Kaur
February 09, 2019
Oodles of hard work and knowledge need to be imbibed to become a good businessman ...More
By Jaspreet Kaur
February 08, 2019
Success is not only relatable to startups; it can be achieved by acquisition of failed ventures also ...More
By Jaspreet Kaur
February 07, 2019
One can earn good revenue from waste management business besides creating positive impacts in the so ...More
By Jaspreet Kaur
February 06, 2019
The enterprises which mainly target children as their customer face lesser struggles since the enter ...More
By Jaspreet Kaur
February 05, 2019
Regulating the waste is a jostling task for the regime, so it's time for young millennials to become ...More
By Jaspreet Kaur
February 04, 2019
An entertainment centre business directly deals with chunks of masses and thus, promotion precipitat ...More
By Jaspreet Kaur
January 31, 2019
To find the root cause, employers need to dive deeper into the problem and the results were totally ...More
By Jaspreet Kaur
January 31, 2019
Reckoning the candidates completely is not fair; an employer should consider crosschecking his backg ...More
By Jaspreet Kaur