Desiccated Coconut Powder Project Report

Description

The Desiccated Coconut Powder Project Report is quick and easy to download for you to explore and clear all your doubts about this business prospect. If you are planning to start your entrepreneurial journey by initiating a new business, then you have made the right choice by choosing a desiccated coconut powder business from many profitable business ideas in India. You can easily start your this business with low capital investment. You need to know a lot about this business as it is just the beginning, and you might have many doubts and queries about this startup.

One can explore all the important details about this start-up that we have written in our project report. Our experts have made your work easy by writing a desiccated coconut powder project report that you will require to avail bank loan for this business and also using it as a map for your new journey.

Desiccated coconut is a type of coconut meat that is flaked and then dried and is available in 2 forms that are unsweetened and sweetened forms. It’s a very easy and delicious topping for a variety of dishes ranging from desserts and cereals to Asian curries having flavorful addition which also contains a nutritional value.

The availability of numerous substitutes for desiccated coconut powder in markets such as fresh coconut, Brazil nuts, or macadamia gives you a similar nutty flavor and also amazing texture like desiccated coconut powder acts as a key restraint of the market. On the contrary, an increase in consumer preferences for organic ingredients which are used in foods is anticipated to boost the demand for organic desiccated coconut powder, offering remunerative opportunities for market expansion in the future.

Desiccated Coconut Powder Project Report PDF

Desiccated coconut power project report PDF is a necessary document that will help you get all the necessary licenses, help you set up this business, and avail financial assistance from the banks. You can use it as a map that has all the solutions to your doubts and can resolve your problems in a gist of time.

Desiccated coconut powder is minced and then dried, fresh coconut kernel or meat, which can be consumed by vegans. A superior quality desiccated coconut powder is a very pure white color form and is free from the black spots in it, yellow specks, or any other discolorations. It serves as a rich source of nutrients including fiber and is gluten-free. Desiccated coconut powder is ideal for baking, sprinkling, toppings, fillings, preparation of confectioneries stuff like desserts, and more.

Health Benefits of Desiccated Coconut Powder

Desiccated coconut is an ideal source of healthy fat which contains no form of cholesterol and contains selenium, fiber, copper, and manganese. One ounce of the desiccated coconut contains a total of 80% healthy, saturated fat.

Selenium is a mineral present in this superfood that helps our body produce enzymes, which helps in enhancing the immune system and thyroid function. Selenium is found to protect us against heart diseases, and male infertility, it reduces free radicals in the body and lowers cancer risk. The recommended daily allowance is around 55 micrograms and one ounce of the desiccated coconut provides 9.4% of this requirement.

Copper present in it supports high energy levels, increases metabolism, and helps out in the creation of red blood cells and collagen also. It has naturally occurring antioxidant properties that protect the body from osteoarthritis. A single ounce of desiccated coconut offers 25% of the daily-recommended servings.

The body requires fiber in order for maintaining healthy and natural blood pressure and heart functioning. Fiber also reduces the risk of stroke, diabetes, and high blood pressure. An ounce of desiccated coconut provides 5 grams of fiber to your body. Men should have 38 grams and women should consume around 25 grams daily.

By incorporating it into the daily diet, one can benefit from nutritional properties while enjoying sweet and savory flavors.

Market Growth of The Desiccated Coconut Powder Industry

The development of the baking industry due to changes in the lifestyle and food habits of consumers has driven the growth of the desiccated coconut powder market. In addition, it is very easily available in the market through the retail stores, online, and supermarkets, which fueled the market growth.

 However, the supply of coconut is expected to be uncertain in the future due to adverse climatic changes, which has been likely to hamper the growth of the desiccated coconut powder market in the upcoming years.

Coconut Powder Market Revenue has been expected to grow at health CAGR propelled by staggering demand from the millennials and emerging markets. Technological advances in the Coconut Powder market are enabling efficient production, expanding product portfolios, sophisticated design and packaging, along with effective operational maintenance, and sales monitoring are the key growth drivers.

How to Download Desiccated Coconut Powder Manufacturing Project Report?

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Market Segments of Desiccated Coconut Powder

The global desiccated coconut powder which is in the market is segmented into type, grade, end user, distribution channel, and region. By type, the market is bifurcated into full fat and is fat reducing. Depending on the grades of the stuff, it is fragmented into a fine grade and also a medium grade. As per end users, it is divided into the households, food and beverages industry, and food service industry. As per the distribution channel, it is classified into direct/b2b and indirect/b2c channels. The indirect/b2c channel is now further segmented into supermarkets/hypermarkets, convenience stores, retail stores, e-commerce, and others.

Region-wise, a market is analyzed all across the countries like North America, Europe, Asia-Pacific, and LAMEA.

Major Players Of Desiccated Coconut Powder In The Market

The prominent players who are operating the global desiccated coconut powder market include Cocomi, PT. Global, PT. Pacific Eastern Coconut Utama, Celebes Coconut Corporation, Primex Coco Products, Inc., the Cbl Natural Foods (Pvt) Ltd, VIET DELTA CORPORATION, Silvermill Group, and Tradlanka Agricultural Enterprises (Pvt) Ltd., (Ariya Foods).

Market Analysis

The desiccated coconut powder market is projected for registering a CAGR of 7.45% during the forecast period, from 2022 to 2027. Earlier the desiccated coconut market was low but now the supply chain of this product is smooth and is expected to be the same in the upcoming years as well. 

Desiccated Coconut Powder Market Prospects

In the medium term, growth in the consumption of coconut-based products among consumers is expected for driving its users of coconut-based products in the food and beverage applications in nearby future.

Just like the increased demand for organic food products due to the absence of chemicals used all across the supply chain provides new opportunities for coconut-based food products. As per the Research Institute of Organic Agriculture (FiBL), organic food sales have increased by 51.03% in recent years and it has reached USD 95 billion. Therefore, the advantages offered by an organic desiccated coconut powder which has been expected to boost the growth of coconut-based food products on retail shelves and at an industrial scale during the forecast period.

Market Demand Of Desiccated Coconut In Asia

The demand for coconut-based products is massive in the Asia-Pacific region, owing to the rising consumer demands and awareness regarding its nutritional benefits. The Asia-Pacific region has one of the major producers of coconuts, and thus the region is also involved in the exportation of coconut and coconut by-products, such as desiccated coconut powder to different other countries for boosting trade business quickly. Moreover, as per the data published by Food and Agriculture Organization (FAO), India has the third-largest producer of coconut all across the globe, having a production of 11.71 million metric tons in recent years. Moreover, the country is also self-sufficient to cater the supply of coconut powder and other by-products to varied end-use industries.

Culinary Uses of Desiccated Coconut 

The desiccated coconut is used as an ingredient in savory and sweet recipes both for imparting a coconut flavor and having an amazing texture and as a topping or coating Dried coconut is deliciously eaten by itself as a snack, add hot or cold cereal and as an addition for baking can also be used in both smoothies, sprinkled on the salads, or stirred into sauteed vegetables.

 It also has a common ingredient present in the cuisines like Thai and Indian in dishes such as Sambhar, Cakes, Chutney, Fritters, stuffing in Pakoras, Pattice, Used for coating sweet balls Gravies which contains desiccated coconut and they are massively famous in Southern India.

Nutritional Value

There is no doubt that coconut is having fat, but there’s actually a lot of goodness in coconut flesh – more interestingly, it’s technically a fruit and also a nut.

You probably don’t want to be adding a whole coconut into your daily diet, but there is definitely little sense in adding the desiccated coconut as a topping or having a texture to your already nutritionally well-balanced stuff, meals, or the drinks you want to have.

Don’t opt for any synthetic sweeteners or unhealthy snacks; instead, add on a sprinkle of desiccated coconut power. This way, you will be enjoying something sweet but nutritious over empty calories and damaging excess sugar.

Desiccated coconut is a very pure coconut flesh that has been dehydrated, and when it does not have anything added to it, it has many nutritional values which are approximate as follows for a 100g portion:

• 605 calories
• 5.6g of the protein
• 6.1g carbohydrates in it
• 62g percentage of fats
• 6.1g of the natural sugars
• 21.1g of fiber
• 90% of the adult RDI (recommended daily intake) of manganese
• 55% of the adult RDI of copper
• 22% of the adult RDI of selenium
• 23% of the adult RDI of phosphorous
• 26% of the adult RDI of iron
• 9% of the adult RDI of zinc
• 33% of the adult RDI of potassium.

The latter ingredients which have been listed there are powerful and also have important minerals for the body. In particular, the desiccated coconut is a very rich source of manganese and copper. Just a small amount offers a big dose, you can reach the recommended daily intake of these minerals easily with a well-balanced diet without having specifically sought out too many other sources of it.

How Do I Manufacture Desiccated Coconut Powder?

• The first step in manufacturing desiccated coconut is the selection of coconuts. The quality of the desiccated coconut is depended upon the quality of the coconuts used.
• The fully matured coconuts of around 12 months have been used for the preparation of desiccated coconut making. Fully matured nuts have been stored with husk for about one month so that water inside kernels is absorbed. It also facilitates the coconut kernels for getting separated from the shell walls.
• A coconut is de-husked and its shells are removed. The brown portions of them are called tasta which is removed by scraping it off. About 10-15% of the kernel goes as paring by this procedure. The pairings can be pressed out after drying to get oil which can be used for soap making.
• De shelled coconuts are then broken into pieces, washed properly, and disintegrated into powders of different grades.
• This powder is dried in a drier by spreading it out uniformly in the trays. The temperature of the drying chamber has been maintained over 180O F and coconut powder is stirred occasionally during the drying process to make sure uniform drying.
• Great care should be taken during drying. When coconut powder is dried, it quickly cools and then passes through a vibratory screen which is having its various sizes.
• Material is later on packed in the oil-proof, moisture-proof polythene lined plywood boxes of a maximum of 25 kg. It also can be packed in poly-bags of nearly 250 gms, or 500 gms for retail sale.
• During the process of manufacturing desiccated coconut, a number of by-products like coconut shells, parings, and husks have been obtained which may be converted into different items of great importance. It’s been worked out that the 100 kg of desiccated coconut has been obtained from around 1000 coconuts.

Ideal Location Of Desiccated Coconut Manufacturing Plant

Desiccated coconut is massively used for preparations of sweets, confectionery, curry preparation, and many more. At present over 4000 tons of desiccated coconut is produced annually. The main concentrations of units producing the desiccated coconut are based in Kerala, Tamil Nadu, Andhra Pradesh, Karnataka, Orissa, and Maharashtra. Desiccated coconut is not a value-added product but it is also a labor-intensive industry that is generating a big number of employment opportunities.

Registration And Licenses Required To Start Desiccated Coconut Powder Manufacturing Business In India

Coconut powder has food and the business demands different registrations and also licenses before commencing. These requirements massively depend on the location where you can start up the unit. However, here are the basic requirements. It is advisable for checking with a local small business expert and a tax consultant.

• First of all, you just need to determine the management pattern of your organization. And in accordance, register your business.
• Apply for the MSME Udhyam via online registration.
• Also, you have to apply for Trade License for the local Municipality.
• The business demands the registration of FSSAI and you also can apply online.
• Apply for GST registration.
• Open a current bank account for the transactions.
• Apply for BIS certification. Bureau of Indian Standards specification for the desiccated coconut is IS 966:1962. A product should also conform to PFA Act and its specifications.
• Additionally, check out the tax liabilities of the business.

How Much Money Do I Need To Start Desiccated Coconut Powder Manufacturing In India?

The desiccated coconut powder manufacturing business demands moderate capital investment and major investment areas which are having fixed cost and working capital costs. Numerous aspects can demand fixed capital investment in the project. The list includes plant, building, high-tech machinery, and other initial costs which are related to the preparation of project reports and the sourcing technology.

Numerous aspects which demand fixed capital investment in the project are plant, building, high-tech machinery, and other initial costs related to the preparation of project reports and sourcing the technology. On the other hand, there are several investments related to working capital costs. This includes raw materials, staff payments, utility bills, transportation, and marketing expenses.

It is advisable to begin this business with a loan project. You apply for loans from your nearby banks or from some other financial institutions. You must have a project report in your hand for applying for the loan. Additionally, you can also avail of the subsidy scheme for financial assistance. Under the Technology Mission on Coconut (TMOC), Coconut Development Board has assisted in setting up a coconut-based value-added industry in India. To apply for loan and avail financial assistance from investors or banks you need to have a solid desiccated coconut powder project report pdf to exhibit the business proposal. 

How Much Space Do I Need to Set Up Desiccated Coconut Powder Manufacturing Plant?

As per your investment capacity and the desired production output, you have to secure a place for the unit. Basically, a 1500 Sq Ft area is generally sufficient for a startup of small-scale production. In addition, you need to arrange sufficient electricity and water supply at the factory.

Machinery Needed to Manufacture Desiccated Coconut Powder

A few of the major required machinery are:

• Cabinet-type hot air dryer with the blower, motor, and some other accessories
• Disintegrator 12″ size with the 10 H.P. Motor and the accessories
• Vibratory sifting machines are fitted with the G.I. wire mesh and 2 H.P motor
• Al Trays
• Platform weighing the balance
• Polythene sealing machine for the stuff
• Other Miscellaneous equipment like LS scrapping Knives, Aluminium vessels, trolleys, and many more are required.
• Working tables LS 0.20
• Laboratory testing equipment and many more

Where Do I Sell Desiccated Coconut Powder?

Coconut powder comes under the FMCG segment. So, consider distributing products among local retailers and wholesalers. Contact supermarkets and shopping malls for keeping your product at their point.

In urban areas and suburban areas, people prefer buying household items from online stores like Grofers, and Big Basket. So, you can sell it from those online grocery stores also. Finally, you do have not to lose the institutional market of your locality. Restaurants, hotels, coffee shops as well as clubs are major buyers of this coconut product. So, you can supply them also.

Marketing Strategies

Compile data: In order for reaching your target market, you have to know what they like or dislike. It’s very important for knowing things like your audience members’ ages, locations, and engagement patterns in the market effectively to them. While it seems daunting to gather all the information for the customer, relationship management software stores and sorts this data and then makes it easy for putting into action.

Use social media analytics: Several different platforms, such as Facebook and Twitter, have built-in analytics which can tell you about your followers, including when they post, where they post, and many other interests. Plus, all the tools used are free to use with the business accounts.

Check the competition: Understanding competition will give you insights into how to interact with your audience. You also can look at what your competitors are doing wrong to fill any gaps in your current strategy.

Once you have identified your target audience, it is much more important for keeping up data to date with their interests and to implement a social listening strategy for understanding their wants and their needs.

Define your goals and the KPIs: To excel in social media marketing, it’s important for creating goals and also guides your efforts. The SMART strategy offers a very helpful framework to create foundational goals and also meet overall objectives.

Allocate your resources wisely: For small businesses strapped for money and time, sometimes the social media tasks get arbitrarily offloaded onto whoever is available. But social media management also requires unique skills, like:

1. The Strategic thinking
2. Organizational skills
3. A Branding expertise
4. Post relevant content regularly

Success on social media matters including posting compelling, engaging content consistently. Not only does this help you make your business look dependable, but also helps you to show that you have timely knowledge to share and that you care to be in conversation with your customers or viewers. Social media platforms also change their algorithms over time, but the rule of posting regularly holds true.

Contents of desiccated coconut Project Report

For whom is desiccated coconut Project report format useful?

1. CA Chartered Accountants
2. Tax Consultants
3. Small Business Owners
4. Students
5. Engineers
6. Who wants to self-study

In addition to those who want to prepare project reports themselves. It will help you in assisting to write down the project report and applying for a bank loan. You can also get customized project report for any business from our website.

Sample Project Report Format of deciccated coconut powder manufacturing business

In our project report format, we have covered the required technology details, its diagrams, flow charts etc. as and when required or deemed fit to include. Also, we can help you to prepare in-depth financial calculations which are necessary for the Investor/bank.

You will get the report data from our Project Report in PDF. You can also modify the information according to your need. You will be able to access the data easily according to your requirement. 

Conclusion

Desiccated coconut is a consumer item. It has a longer shelf life and it is convenient for use. Also, it comes with ready-to-use packs with the same freshness as the fresh milk of coconut. So, the product has great demand in the market in both domestic and international markets. Basically, the bakery and confectionery industries are major consumers of this product. So if you want to start with the desiccated coconut business this is the right time for you. We hope this detailed guide for starting a business of coconut powder manufacturing business will help you out in making an informed decision.

Desiccated coconut powder manufacturing business is a profitable venture that needs a well written business project report including every crucial fact about this business-like market feasibility, future of business, legalities, quality, production etc. This business can rise in a short time period, and it is a continuous business that can expand sales throughout the years. You just need to follow all the guidelines mentioned in our project report. 

Frequently Asked Questions On desiccated coconut powder manufacturing Project Report PDF For Bank Loan India