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Spirulina is a microalga that has been consumed for centuries due to its high nutrient content and various health benefits. It grows naturally in the alkaline waters of lakes, ponds and artificially in manmade water reservoirs. It is considered as the most complete food, where conventional sources lack many nutrients. It is also used to produce biofuel, which is way affordable and environment-friendly than the non-renewable fuels. Increasing health consciousness among millennials, demand for a plant-based diet and need for easy and fast nutrition has paved way for Spirulina market to flourish. It has a huge market demand due to a variety of products produced and various applications.
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Spirulina Production and Processing Unit • Available Reports on this Title – • http://meticulousbplans.com/product/spirulina-production-and-processing-unit/ • Business Feasibility Study Report • Business Model • Project Report • Business Plan • Detailed Project Report
Executive Summary and Analysis • Spirulina is a multicellular and filamentous blue-green microalga that grows naturally in the alkaline waters of lakes, ponds and artificially in manmade water reservoirs. • Spirulina has antioxidant and anti-inflammatory properties due to which it is witnessing high growth in demand among the food, beverage, and cosmetics industry. It also contains vitamin A, C, and E, and beta carotene in large quantities. • As per MBP analysis, the global Spirulina market is expected to witness a CAGR of 10% during the forecasted period and is estimated to be valued USD 2000 Mn by 2026, from more than the USD 700 Mn in 2016 owing to factors such as increased application of Spirulina in cosmetics, food, and Nutraceuticals.
Competitive Advantage & Pre-requisite Pre-requisite Revenue Generation Skilled Worker Limited Competitors Employment Generation Business License 4 2 3 Land location Competitive Advantages 5 1 Required Technical Expert Raw Material Availability Market Potential Supply Chain and Logistics
Market Dynamics Growth Drivers Opportunities • Changing consumer preferences towards nutritional and health products. • Huge applicability. • Immense product range & Application. • Employment generation. • Demand for natural food colours. Challenges Threat • Perishability of raw material. • Maintaining the quality of the product. • New Entrants. • Natural Disaster.
Financial Summary • Project – Spirulina Production and Processing Unit • Products– Powder, Tablet, Capsule, Liquid, Granules and Gelling Agent, Etc. • Initial Investment – 70-75 Lakhs INR (Approx.) • Capital Investment – 60 Lakhs INR (Approx.)
Project Profile – Project Details Manpower Required Legal Requirements Product Portfolio Spirulina Production and Processing Unit Business & Industry Requirement Skilled Labor & Executive Employee Products Employment Generation List Skilled Labor – XX Unskilled Labor – XX Driver – X Plant executive – X ( for Dock, Process, Product, Store & for Lab) Supervisor – X Operator -X Admin Executive – X (Admin, HR, Account & Finance) Marketing Executive – x (Sales & Marketing) Director – X (Admin, Operation, Marketing & Finance) • Powder, • Capsule, • Liquid, • Granules, • Gelling Agent, etc. PAN & TAN MSME Registration Shop Act GST FSSAI XXX XXX XXX XXX XXX
Start-up Budget and Production Details Slide Title • Budget (INR) • Pre-operative Expenses – XX,00,000 • Fixed Capital – XX,00,00,000 • Working Capital ( X Month) – X,00,00,000 • Total Investment – XX,00,00,000 • Cost Per Unit – XX INR • Price Per Unit – XX INR • Profitability – XX % • BEP – XX Years • ROI – XX % Production Details Operation – 1st Year – XX%, Second Year – XX% and 3rd Year – XXX% Working Days – X00 Per Annum Land Requirement – Non Fertile Agri Land / Industrial Land Area Required – X Acres Power Requirement – XX – X00 Kw (x Phase) Water Requirement – XX,000 LPD Transportation – XX, Km
Recent News(Timeline) & MBP Analysis • Cast Iron Design partnered with Colorado biomaterials company Living Ink to replace the petroleum-based pigments found in traditional ink with an algae based ink derived from spirulina. • Sportswear giant Reebok has debuted its first plant-based sneaker made from algae and other natural materials. • Researchers at Hypergiant, US-based AI company, have built AI technology that uses algae to fight climate change, and they're planning on releasing the design so anyone can build one.
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