Apple juice is a juice made by mashing and pressing an apple. The resulting extruded juice may be further processed by enzymatic and centrifugal clarification to remove starch and pectin. It keeps the fine particles in suspension and then pasteurized for packaging in glass, metal, or aseptic processing system containers, or further treated by dehydration processes.
In India, the apple is one of the important fruit crops cultivated in temperate areas and has huge potential for value addition and entrepreneurship development. In India, 20–30% of apple fruits are spoiled due to improper handling, transportation, and processing; therefore, processing and value addition are extremely needed.
Market Potential
Apple is one of the most consumed fruit crops in the world. The major production areas are temperate regions. However, due to its excellent storage capacity, it is transported to distant markets covering all four corners of the earth. India is known as the second-largest fruit and vegetable producer in the world, followed by China.
India's share in global exports of fresh fruits and processed fruit products is also very small as compared to other major fruit producers of the world. Apple Juice Market was valued at US$15.50 Billion in 2021 and is expected to reach US$25.16 billion by 2029, at a CAGR of 6.24% during a forecast period.
Product Uses & Raw Material Required
There are many benefits of consuming apple juice. Apple juice is wonderful, healthy juice keeps you away from diseases and ailments. Drinking apple juice regularly may reduce the risk of dementia in older people. Apple juice also slows down the aging of the brain and helps keep it sharp for longer. Drinking a glass of apple juice helps prevent cholesterol build-up in your blood vessels and arteries.
Due to their richness in all nutrients like vitamin A, vitamin C, vitamin E, vitamin K, and folate, it helps to pack your body with lots of energy.
The major raw material for the apple juice processing plant is Apple. Other raw materials required are water and sugar.
Financial Investment
The manufacturing business of Apple Juice requires a capital investment of around 80 to 90 Lakhs, generating a good amount of revenue. The gross profit margin ranges from 15 to 20 percent. The investment includes the cost of the Plant and machinery required for the manufacturing setup. The investment required for the working capital will be around 15 to 20 Lakhs to bear the running expenses. The manufacturing setup also requires space for inventory, workshop or manufacturing area, space for power supply utilities, and auxiliary like generator setup. Some of the areas of the building are also required for office staff facilities, documentation, office furniture, etc. Thus, at the initial scale, the approximate total space required for a complete industrial setup is 10000 to 12000 Sq ft. Human resources are also essential input in the business. The average number of staff can range between 20 to 25 people, including skilled and unskilled staff. A power load of 100 KWH shall also be required, which shall be applied to the power corporation.
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