Food Business Ideas 35 High-Return with Low Investment 2024

Are you looking for amazing opportunities in the food industry? India has become the second-biggest producer of food in the world. The demand for several food products is at its peak. The majority of the Indians are spending a considerable amount of money on value-added quality food products. If you are also interested in initiating a business in the industry of food find here a list of some great profitable business ideas worth considering to initiate.

The valuation of the food industry of India is continually experiencing substantial growth which stood at US$39.71 billion. Industry professionals are continually expecting significant growth in the domestic food market.

The food industry covers a wide variety of essential products like vegetables, fruit, meat, milk products, poultry, and others. If you are initiating a food business then you can easily explore a plethora of opportunities. Hence, if you want to start a food business without investing a lot of money then a list of 35 Food Business ideas are given here that will help you in establishing your food business in 2024.

Top 35 Low-Investment Food Business Ideas in 2024

Food Truck

If you don’t have a lot of investment then you should invest money in the food truck which has become one of the great ways of selling food items. You can also get the fast-food restaurant’s name ideas here. Here, you will require a car or truck to sell the food items. Bear in mind that, you also require proper permits & licenses to initiate the mobile food truck business. For more information read Business Plan & Project Report on the food truck business.

Dairy Shop

You will be able to initiate the dairy shop without investing a lot of money with limited space. However, one can easily sell homemade dairy products like homemade butter, Ghee & many more things. Investors can also purchase the franchises of certified and reputed dairy brands like Metro Dairy, Amul, etc. However, you can also sell the products from a diary retail shop without any issue.

List of Most Profitable Businesses to start from home 2024

Papad Making

You will find Papad has become a thin wafer-like popular and tasty food product. Any person will be able to initiate papad manufacturing on a home-based basis, on a large scale, or small scale. It is also considered as flatbread or cracker. Papa has become one of the most popular conventional foods. Moreover, it has become a perfect appetizer, digestive & carminative.

Papad is available in different flavours & tastes. However, demand for the different kinds of varieties of papad is continually increasing. Before starting the Papad Making business, you should do prior market research regarding the preferred tastes of the local consumers.

Spice Powder Making

These days, you will find depends on the readymade spice powder that has already been used by a lot of cooks in India. One will be able to produce the spice powder & sell them locally. Moreover, the home-based spice business is profitable in India. However, you will be able to initiate such fantastic business with one or two varieties of space. If your business grows then you will be able to shift to the full-fledged company of spice processing. India produces almost all kinds of spices. You can start the business of all spices in one place. There is wide scope for starting chilli powder processing business as well in India.

The country has become one of the biggest exporters of such commodities. It has already become one of the biggest consumption items used in the preparation of culinary or seasoning of several food products. The demand for spice powder is already increasing in India. For more information read the detailed business plan on spices udyog.

Innovative ideas for food business for 2024- Names For Food Business

Banana Wafer Making

The business of healthy & tasty banana wafers is also getting popular. The shelf life of such an amazing product is higher when it comes to the proper packaging. The manufacturing process is straightforward & you also require some simple equipment & machinery. It is one of the best small food businesses in India.

Ready-to-eat food items like chips come under the segment FMCG. However, the popularity of the best quality banana wafer is already increasing in several urban areas. You will find a lot of scope in banana wafers making business as it is a snack food. If you are living in any banana-producing area like Gujarat, Andhra Pradesh, Maharashtra, Tamil Nadu & Karnataka then you can start a Banana wafer-making business because this project needs a small amount of capital investment.

Fruit Juice Processing

The demand for fruit juice is on its hype in India. The popularity of packaged fruit juices is also continually increasing among people in India. Therefore, you can initiate a small-scale business of fruit juice manufacturing or any fruit juice retail shop. Starting a company of fruit juice is a very lucrative & profitable venture. However, this business requires proper planning & investment.

In addition, fresh fruit juice has become one of the most popular items in the industry of beverage as compared to other kinds of packaged drinks. Moreover, the intake of packaged fruit juice is continually growing rapidly. The global juice market including vegetable & fruit juice holds the biggest share of the global beverage industry.

Canned Rasgulla Production

The hype of Canned Rasgulla is at its peak in our country & international market also. Hence, you can also initiate a Rasgulla-making business without investing a lot of money. Moreover, this business is highly profitable & lucrative.  You need raw materials like milk to make canned Rasgulla.  Therefore, you need a smooth delivery of the milk at your processing zone regularly. Nowadays, you will find various brands of this item. The popularity of such fantastic sweet items is getting popular throughout the country. Rasgulla has become one of the most popular items, especially in Bihar, Odisha, West Bengal, and North India.

Cashew Processing

The popularity of processed cashew nuts is continually growing which is considered one of the great high-profit food businesses that will be initiated on a small scale. According to the professionals, approximately 8 states are famous for the cultivation of cashews that are Goa, Andhra Pradesh, Kerala, Karnataka, Orissa, Maharashtra, Gujarat & Tamil Nadu.  Bear in mind that, raw cashews aren’t ready-to-eat food items hence processing is really important.  It has become one of the most popular dry fruit which is consumed or converted directly into several products like Kaju Burfi, Cashew curries, and salted cashew nuts.

Baking Powder Making

Undoubtedly, the majority of households depend on Baking powder. It has become one of the most important items in the industry of food processing. Baking powders are mixtures of different chemicals & compositions. These kinds of ingredients always react in the overall presence of moisture & always heat to release the gas. It is packed with various important formulations which are packed with alkali, sodium bicarbonate & acid in form of the salt crystals. The process of baking powder is completely straightforward and the unit demands machinery. With the help of low investment & small infrastructure, you can start such an incredible manufacturing business.

Bakery

There is no doubt in the fact that the bakery business has become one of the biggest industries in the sector of food processing in India.  The hype of bakery products is on its hype across the world. It has become one of the most lucrative food processing business opportunities that one will start by having a rented or owned business. Make sure that you are choosing a perfect product & creating a genuine marketing strategy that has become one of the most important factors in becoming successful in the bakery business. As per demand & financial aspects, you will have to select essential products for the business of your bakery.

Coconut Oil Manufacturing

So you want to know how to initiate the business of coconut powder? Do you want to initiate a genuine manufacturing business of the coconut? However, India has become the third biggest coconut producer in the world. Coconut oil & Copra are considered as two biggest products of the industry of coconut processing. Coconut powder has become one of the most important ingredients in the confectionery & sweets industry. Moreover, it has a quite higher shelf life as compared to raw coconut. 

The biggest coconut-producing states are Tamil Nadu, Kerala, Andhra Pradesh, Orissa, and Maharashtra. Moreover, you will be able to initiate the business of coconut oil manufacturing from any location where you will be able to source raw coconut without any problem.

Flour Mill Business

The hype of flour mills is at its peak. It has become one of the great businesses to initiate. In addition, you will be able to initiate this business in both rural & city areas. Moreover, a flour mill features a wide variety of manufacturing opportunities for entrepreneurs. You will be able to initiate multi Flour Mill Business in two methods. These are two different business models that demand different investments and infrastructure.  It has become an easy model that needs small capital investment. Moreover, bear in mind that such a model isn’t acceptable for the biggest sustained businesses.

For more information, study the business plan below.

• Besan Gram Flour Mill
• Wheat Flour Mill

Ginger Garlic Paste Processing

Ginger garlic paste is considered one of the most important ingredients in the cuisines of India. It would be quite difficult to create any dish without Ginger garlic paste. You will find Garlic & Ginger paste is being used as a condiment in several food preparations. It has become one of the most important cooking ingredients. Moreover, in almost every region of the state, ginger & garlic are grown abundantly. The popularity of the cooking-paste market is continually getting popularity.  You can also start a ginger-garlic paste business on a small-scale basis. There are so many companies out there that are offering the 50gms & 100gms packet.

Honey Processing

Starting the business of Honey Processing in India is easy. If you want to start a low-investment food business in India then Honey Processing would be a reliable option for you. It has become one of the most profitable businesses. If you are delivering the best quality product then it will surely turn out a lucrative business idea. The government of India is also focusing on lots of important things like beekeeping & offering subsidies & loans for beekeeping in India. The business of bee farming has already turned out as a great Agri-Business and offers employment to a lot of people.

Jam Jelly Making

Starting a jam & jelly business is easy if you have enough knowledge. In addition, you will be able to start such a fantastic business with low capital investment. The industry of food processing is continually receiving great attention from policymakers. India has become 2^nd biggest producer of fruits & vegetables across the world. Therefore, it is continually opening so many investment opportunities for foreign & private entities in the industry of food processing. The best thing about the jam jelly-making business is that you can easily initiate the business at the house also.

Noodles Making

Noodles have become one of the great snack food items in India. The process of noodle-making is straightforward. Any person will initiate such a fantastic noodles making business with a small startup capital investment. It has become one of the most popular in the northern parts of the country. Noodles are available in different variations one is instant noodles with oil, and spice and the second one is ready to eat.  However, ready-to-eat fetch a lot of profits than second. Moreover, you will be able to sell fresh wet noodles to the owners of local snack shops.

Packaged Drinking Water Manufacturing

Packaged drinking water business has already gained hype in the last few years. If you have reasonable money to invest then it would be better to initiate a packaged drinking water unit on a small scale. If you don’t have sufficient knowledge about the packaged drinking water manufacturing process then it is your responsibility to make contact with a professional businessman who will surely give you essential knowledge about it.

Pasta Making

Pasta has become one of the most popular staple foods in Italy. In India, pasta has continually become a famous food item for food lovers. You will be able to initiate the pasta-producing company without investing a lot of money. If you want to earn a decent amount of money by starting a pasta-making business then you will have to invest proper time in research and create a proper plan. A genuine plan has become important for success as an entrepreneur. It will surely assist you to map out the importance of the business & discover a few unknowns.

Pickles Making

No doubt, pickles are considered one of the most important items which is a daily necessity in every kitchen household in India. You will be able to initiate the jam, sauce, jelly and pickle manufacturing business on a scale without investing a lot of money. Before starting the pickle-making business the first step is to decide which kind of pickle you want to produce. Variety of pickles you will able to produce like as chilly, lemon pickle, garlic pickle, mango pickle, and others. Pickle is available in a variety of tastes. Pickles are available in different kinds of tastes. Every variety of pickles has comes with its customer base.

Potato Chip Making

Different kinds of potato chips are already available on the market. You will find people from different kinds of age groups love to eat the chops. Therefore, the product comes with a great domestic market in our country. The process of manufacturing potato chips is completely straightforward. You will be able to initiate potato chip-making business with a single flavour & taste.  It is considered as one of the most interesting businesses where you should have the FSSAI license from Government authorities.

Tomato Processing

If you are already living in any kind of location where you will be able to source the raw tomato quickly then tomato processing has become one of the best businesses to initiate. You will be able to start the biggest-scale tomato processing business including several operations such as ketchup, puree, tomato juice production, etc. However, you will be able to initiate with the singular product as a home-based manufacturing unit.  The tomato processing industry is continually getting the hype. However, the business of tomato processing in India isn’t very significant. Therefore, if you have sufficient knowledge about the tomato processing business then you can easily start a business without any issue.

Fast Food Restaurant

No doubt, the demand for fast food is continually getting popular. This has become one of the great food business ideas in India. The popularity of fast-food restaurants business is reaching its peak because consumers can easily get their food quickly. If you have enough funds then you will be able to initiate this business by purchasing the franchise of the reputed and certified fast-food brand that will help you in earning a lot of profit. Before starting a fast-food restaurant, you should create a proper business plan. If you have any partner then it is your responsibility to take the suggestions from him.

Idli Dosa Stall

You will find a lot of people prefer to eat South Indian food. They prefer to eat the Idli Dosa because it comes under the segment of healthy with less oil & spices. Hence, it would be better to start the idli, bara, & dosa stall which will be a lucrative business here. However, you will require to have the retail space in the perfect location for starting such a great business. If you have sufficient space then you will be able to initiate the store with the investment of 3 lakh. However, the Idli dosa stall doesn’t require a lot of investment.

Momo Store

There is no doubt in the fact that a lot of people prefer to eat the mom regularly. Mom is already gaining popularity in the crowd of India. Both non-veg & vegetable moms have the biggest market here. Therefore, it would be better to open the stall of momo which is considered one of the great profitable businesses to initiate. Bear in mind that this business requires small capital investment from the start. Along with initiating your store, you will be able to open the established brand as an owner of the franchise. Make sure that you are making a wise decision that will help you in earning a significant amount of profit in the future.

Pizza Store

Pizza has become one of the great food items for the crowd of young generation nowadays. A plethora of pizza brands is out there that are also offering so many franchise opportunities. If you are opening a small store of pizza then it doesn’t demand a considerable amount of investment. However, one can also invest money in a delivery-based store. If you want to start this kind of store then you should tie up with a genuine app-based food delivery company like Swiggy & Zomato. Try to create a genuine Pizza store where you will be able to deliver delicious pizza.

Breakfast Joint

If you want to start a business for breakfast then starting street food can be the ideal option for you. The majority of the folks depend on the street foods for lunch. Street food stalls are continually offering the best quality service to consumers. If you want to earn a lot of profit then you should start a stall where you can offer different kinds of foods such as paneer toast, butter toast, Chilla, Bda Pao, etc.

Pani Puri Stall

We cannot deny the fact that Pani Puri business is considered one of the great street food start-ups in India. It has become a low-cost street food business that will help you earn a lot of profit in the future. Hence, one will be able to initiate such a fantastic business with a 50K capital investment.

Pav Bhaji Stall

If you don’t want to invest a lot of money in business then you can also start the Pav Bhaji stall that doesn’t need the biggest investment. In addition, Pav Bhaji is packed with thick vegetable curry with a roll of soft bread. This product is continually getting the hype throughout the country. Starting the stall of pav bhaji is an easy business. However, this business needs local permission to operate the stall of pav bhaji in your area.

Popcorn Stall

Do you want to start a profitable street food business here? Starting a popcorn stall can be beneficial for you because it requires a small startup investment. Along with selling the popcorn from a stall, you will be able to avail of the party orders too.

Tea Stall

These days, a lot of people are continually making a decent amount of profit from tea stalls at the end of the day. However, all things depend on the volume. Along with different kinds of tea, you will be able to sell other essential items like biscuits, and bread from stalls too. Along with the stall, you can also start a franchise outline. You will be able to find out different kinds of franchises pan India that will help you in starting a business of tea.

Cake Shop

You can also start a cake shop business with the other ready important items that are a profitable business both in the small towns & metro cities. The location always plays one of the most important roles in business. You will be able to sell the different kinds of cakes, biscuits, pastries, cold drinks, patties & ice creams also. Make sure that you are selling the best quality cakes that will catch the attention of someone. If you are initiating a business food retail for the first time then you can also quickly initiate the franchisee of the reputed and certified cake shop brand.

Coffee Shop

If you are already living in any two or metro cities then you will able to start such a great business. Suppose you already have the retail space in any commercial location then cafe coffee shops can be a profitable business in India at present. If you have enough funds then you must invest money in the franchise business of Cafe Coffee Day.

Fine Dine Restaurant

Fine dining restaurants are also getting popular and always come with particular dedicated meal courses. If you want to start such a great business then you should pay attention to several things like inside area, location, decoration, interior service & quality of the food also. If you are giving the best quality food then it will help you in earning a lot of profit in future. However, this business always requires medium capital investment & proper planning.

The Warp

With this list of food business ideas, you can easily check out which one suits you the best. Each of them is unique and demands diverging talents and investments. Do you think you will work on any of these ideas? If yes, let us know in the comments about the one which caught your attention. Besides them, there are several other business ideas for a person to consider this year. However, food business ideas are preferred these days due to their easy accessibility and great exposure.

Frequently Asked Questions On top 35 food business ideas