The bakery industry of India has also achieved the third position in generating revenue among the processed food sector.
Considering the fast changing socioeconomic profile of the society, bakery products are likely to be in great demand in the near future. In urban India, families are having less time to cook, and often busy schedules are inducing snacking options to replace main meals. This trend is expected to increase the demand for breads, biscuits, burgers pizzas in urban India even more in the near future..
The low price and high nutrient value of many bakery products can also enhance their demand in the market. Many of the bakery products are already items of mass consumption in urban India. This eventually can make the bakery business a lucrative option for many enterprising bakers or would be bakers.
Today with the Indian bakery industry showing impressive growth, bakery business has great possibilities of success in the country. And in the unorganised sector, which accounts for 65 percent of production of bakery products in India, the investment. Neither is professional training mandatory for success for an entrepreneur entering the bakery business. One can start the bakery business even from one's home.
But does in reality a bakery especially if it grows beyond a home-based enterprise and necessitates the renting or purchasing of a commercial space and hiring of a team, is that simple as it ess, sounds? No it is not, in most cases. Simply knowledge of ingredients and judgement of the right proportion and temperature would not be enough; though absolutely necessary, to run a successful bakery enterprise in most cases. Various factors need to factored in for making a success in this highly competitive business. Of course, creativity and sustained hard work are the essential perquisites of bakery operations, but they are necessary conditions for success in this business, and not sufficient ones.
This story is from the October - November 2023 edition of Bakery Review.
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This story is from the October - November 2023 edition of Bakery Review.
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