TOMATO PROCESSING PLANT
(MULTI FRUIT & VEGETABLES) 10 TONS/DAY
[CODE NO.4167]
Tomato, though botanically a fruit for the purpose of trade, is generally considered a vegetable because of the way in which it is consumed. Tomatoes are widely grown in all parts of the world. Tomato fits easily into different cropping systems, has high economic value and fruits can be processed, dried, canned and bottled. Moreover, tomatoes contribute to a healthy, well balanced diet. Tomatoes are rich in potassium, magnesium, phosphorus and small amounts of calcium. Tomatoes contain a lot of vitamin A, vitamin C and vitamin B3. They have small amounts of other B vitamins, and vitamin E. Tomatoes are mostly grown by a large number of smallholder farmers with holdings of between 1-3 acres of land. Tomato production is growing worldwide because consumers demanding a wider range of innovative, value-added products. Due to increasing standards of living in the cities and the rapid urbanization taking place in the rural areas, consumption of tomato based products is expected to go up steadily. The major institutional customers of tomato paste are restaurants. At present, the market of ketchup/puree, especially in the urban areas, is dominated by brands likes MEGGI and KISSAN. Some medium and small companies are also engaged in its production. However, because of poor post harvest infrastructure and value addition, a huge quantity of tomato get wasted in the supply chain.
The global tomato processing market reached a volume of 43.8 Million Tons in 2020. Looking forward, IMARC Group expects the market to reach a volume of 52.6 Million Tons by 2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.
Tomatoes are fruits that originated in Central and western South America. They belong to the nightshade family and are a rich source of folate, potassium, antioxidant lycopene, and vitamin C and K. They offer numerous health benefits like aiding digestion, preventing cancer, protecting against sunburns, and maintaining heart health, blood pressure, as well as blood glucose levels in people with diabetes. At present, around 80% of the tomatoes produced around the world are freshly consumed, whereas the remaining 20% are employed in the tomato processing industry for preparing purees, soups, tomato ketchup, pickles, juices, and sauces.
Earlier, the consumption of processed tomato products was mostly confined to western countries. However, with the increasing westernization of food patterns and the rising middle-class population, the consumption of processed tomato products in developing countries is growing at a significant rate. Fast food chains currently represent one of the leading end users of these products around the world. This can be attributed to the increasing urbanization and inflating income level of consumers worldwide. Apart from this, processed tomato products are packed in multi-layer-flexible plastic bags or tetra packs to extend their shelf life, which makes them suitable for consumers who do not have access to fresh tomatoes. Moreover, there are various types of processed tomato products available in the market, which cater to the varied tastes and preferences of consumers.
COST ESTIMATION
Plant Capacity 10 Ton/Day
Land & Building (4500 sq.mt.) US$ 2.92 Lac
Plant & Machinery US$ 5.97 Lac
Working Capital for 2 Months US$ 3.26 Cr
Total Capital Investment US$ 12.45 Cr
Rate of Return 26%
Break Even Point 59%
APPENDIX – A:
01. PLANT ECONOMICS
02. LAND & BUILDING
03. PLANT AND MACHINERY
04. OTHER FIXED ASSESTS
05. FIXED CAPITAL
06. RAW MATERIAL
07. SALARY AND WAGES
08. UTILITIES AND OVERHEADS
09. TOTAL WORKING CAPITAL
10. TOTAL CAPITAL INVESTMENT
11. COST OF PRODUCTION
12. TURN OVER/ANNUM
13. BREAK EVEN POINT
14. RESOURCES FOR FINANCE
15. INSTALMENT PAYABLE IN 5 YEARS
16. DEPRECIATION CHART FOR 5 YEARS
17. PROFIT ANALYSIS FOR 5 YEARS
18. PROJECTED BALANCE SHEET FOR (5 YEARS)
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