40 Profitable Food Business Ideas

Food Business Ideas – Food business is among one of the profitable and lucrative business options. You can earn a lot of money from food business.

The food industry is broadly classified in food processing, food retailing and food serving. If you are planning to start food business and looking for good food business ideas here is a list of 20 Food Business Ideas. These business ideas are low-cost and easy to implement. However, you need to gain knowledge in food safety and food handling as applicable for your business.

food business ideas

40 Profitable Food Business Ideas

# Food Retail Business Ideas 

  1. Restaurant

The first profitable food-based business idea is restaurant business. In order to start this business you need suitable place and appropriate manpower. You can start this business from rented shop also. You need to take FSSAI license and local municipal registration. This business requires moderate investment.

  1. Bakery

Bakery is among one of the most profitable food based business ideas. If you have knowledge of baking or you can make baking items you can start this business. You need to sell baked items like cookies, cakes etc.

  1. Food Truck

Food truck is trending business idea. Food Truck contains facility to cook and serve in the moving vehicle. If you are beginner in food industry you can opt for food truck as it saves lot of investment on purchasing or renting place. You can move vehicle anywhere. Like in the morning you can place food truck nearby school and in the evening nearby shopping mall or market place.

  1. Ice Cream Shop

Ice Cream shop is evergreen food based business idea. This business can be started with moderate investment. Along with suitable shop you also need cold storage and power backup arrangement. You can think of taking franchise of famous ice cream company to start with.

  1. Juice Shop

Juice Shop is a seasonal food business. This business can be started with low investment. You can plan to club this business along with ice cream shop.  

  1. Farsan Shop

The concept of farsan and namkeen is very famous today. People are ready to spend money on readymade items instead of cooking at home. You need FSSAI clearance and municipality clearance to start this business.

  1. Sweet Shop

Sweet shop is most profitable food business idea. Sweets are purchased on every occasion be it festival or marriage. Thus starting a sweet shop could be very good business. You need very good sweet maker in order to get quick success in this business.

  1. Dairy

The next food business idea is dairy. In this business you need to make milk-based products such as curd, paneer, sweet etc. You can even think of taking franchise of big company like Amul, Mother dairy etc. If you are making milk product by yourself you need to keep enough care about safety standards.

  1. Fast Food Shop

Fast food shop is most popular food business idea. The demand of fast food is growing exponentially especially among teenage group. If you have expertise to cook tasty fast food you can rock this business. Like other food business you need FSSAI clearance and local municipality clearance to start this business.

  1. Chines Food Shop

Next preferred food based retail business is chines food shop. Chinese food always remains in demand and success rate of this business is very high. You can start this business with low investment also like starting from food truck. Make sure to conduct a proper market survey before starting this business.

  1. Organic Food Shop

Organic Food means natural food. People are adopting organic food very fast. If you can establish supply relationship with farmers to source organic food you can start this business. A success ratio of this business is high.

  1. Dessert Shop

Dessert Shop is a place where you cakes, cookies, tarts, pies, ice cream and any other dessert as per customer requirement. Ideal location of this business is nearby market or at place where high volume of people are visiting.

  1. Grocery Shop

Grocery shop is one of the most popular food based business. Anyone can start this business with a small shop. You need to keep household food items in this shop.

  1. Coffee Shop

The coffee culture is growing nowadays. It gives birth to new concept called as coffee shop. It is a place where you serve different types of coffees like espresso, macchiato, cappuccino etc. Investment required for this business is moderate.

  1. Fruit and Vegetable Mart

Fruit and vegetable mart is one of the basic food business idea. This business can be started with small scale. This business does not require expertise.

  1. Start Selling homemade snacks and namkeen

If you are good at cooking and don’t want to invest money for starting business you can start homemade snack and namkeen business. However, you need to spend lot of time and money for marketing this business.

# Food Processing Business Ideas 

  1. Chocolate making

If you love making chocolate this idea is for you. Chocolate making business can be started with low cost. You can even start this business from home.

  1. Papad Making

Papad making is small home based business idea. Papad is thin wafer type product used as a supplement with other food. Papad making can be initiated by any individual with low capital investment. There are wide range of variety in papad business. Homemade papad has huge demand due to its quality.

  1. Pickle Making

Pickle making is another home based business idea. This business can be started with a small investment. Pickle is a most popular item. Apart from domestic consumption, pickle has export potential also.

  1. Jam Jelly Making

Jam and Jelly making is most profitable business option. Jam & Jelly are preferred as a bread spread or on cake and cookies. This business is appropriate for the hilly area where it is easy to source fruit in low cost.

  1. Biscuit Making

Biscuit making is a process of making biscuit. If you have knowledge of making biscuit you can start this business. This business can be started from home. If you have capital you can establish biscuit making plant also.

  1. Bread Making

Breads has got very good market. The consumption of bread is very high across the world. It has got good nutritious value. Almost every family preferred bread in the breakfast. Thus starting a bread making can bring a good business.

  1. Sauce Making

The demand of various types of sauces like tomato, soya, oyster and others has increased. Almost every fast food and Chinese items required sauce. Looking at demand of sauce it is very good to start sauce making. This business demand moderate investment and skill manpower.

  1. Grain Processing

Grain processing has very good market. Example of grain processing business are rice mill, flour production etc. This business requires a massive investment. If you have a knowledge and capital you can start your own grain processing business.

  1. Honey Processing

Honey processing means removing wax and unwanted particle from honey. There are two ways of doing honey processing first option is manual and second is automatic. An automatic option requires good capital investment.

  1. Meat or Sea Food Processing

Meat or Sea Food processing is lucrative food business ideas especially nearby seashore. In this business, food is processed chemically. This business idea requires a big capital investment.

  1. Popcorn or Wafer Making

Popcorn and Wafer is most popular snack among every age group. In this business you need to make popcorn and wafer using automatic plant. It is moderate investment business requires lot of efforts on marketing.

  1. Energy Drink Making

Energy Drinks are always in demand, thus starting energy drink making could be profitable affair. You require skill and lot of capital investment to start this business. You need to take clearance from various authorities including FSSAI.

  1. Flour Milling Production

Although it is ear of packaged food items, people still prefer buying flour directly from mill. If you want to start flour mill you need small place, flour milling machine and semi-skilled workers. This is also one of the very profitable food business ideas with low investment.

  1. Ice Cream Making

Ice cream making is complicated but profitable food business idea. You require lot of skill and expertise to start this business. If you are planning to start this business at massive skill you need lot of investment.

  1. Rice Mill

Rice Mill is among high investment lucrative food based business ideas. In this business you need to establish plant and machinery for processing rice. You require lot of manpower for starting this business.

  1. Popcorn Making

Popcorn making is another food based business idea. Popcorn making machine is available easily with very low cost. You just require corn, spices, butter, masala and machine to start this business. It is very profitable food business ideas with low investment.

  1. Tea Bag Making

Many family and business prefer tea bag for making tea. In western country serving tea with tea bag is a culture. Thus starting a tea bag manufacturing could be profitable affair. The raw material and machine for this business is available easily with low investment.

  1. Ice Block Making

Ice blocks have got a wide range of requirements especially in food industry for preservation of food items like fish, meat etc. Ice Block is also required for giving cooling affect in drink and food products. This food business demands moderate investment.

# Food Serving Business Ideas

  1. Catering Services

Catering is most popular food business ideas. If you have very good planning and people handling skill you can start your own catering service business. Initially, you may find it difficult, but gradually you will be able to cope up. Investment require for this business is moderate. However, you need team of people for manging this business. 

  1. Cooking Class

Cooking class is best-suited home based food business ideas for women. The investment requirement for this business is very low. However, this business demand good culinary and teaching skills.

  1. Nutrition Coach

If you are good at maintaining fitness and food habit, you can become a nutrition coach. You need to undergo specialised training or need to do course before starting this business.

  1. Food Delivery Service Online

Another lucrative food business idea is food delivery business online. In this business you need to tie-up with hotel and food centre to deliver their food product based on customer request online. You need to charge commission for the delivery.

  1. Home cooked delivery business

Home cooked delivery business is next business option. It is traditionally called as tiffin service business. This business can be started with low investment. However, you required very good cooking skill to run this business successfully.

  1. Office Food Delivery Services

Office food delivery service is next profitable business idea. This business can be started with low investment. In this business, you need to pick up the food and deliver at customer’s office on daily basis.

I hope above 40 Profitable Food Business Ideas will help you in starting your own business. If you have any queries and question you can post it in the comment section.

Article by Raviraj

Raviraj is the man behind moneyalpha.com. He is graduate in finance, engaged in blogging since 6 years. He is not affiliated with any financial product, service provider, agent or broker. The purpose of this blog is to spread financial awareness and help people in achieving excellence for money. Please note that the views expressed on this Blog/Comments are clarifications meant for reference and guidance of the readers to explore further on the topics. These should not be construed as investment advice or legal opinion.

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