Project report for Canning unit

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Introduction

Canning is a costly process, even though the products last longer. India is price sensitive, hence canned food is not generally preferred. Canning is a preservation method that involves placing foods in jars or similar containers and heating them to a temperature that destroys micro-organisms that cause food to spoil. During this heating process air is driven out of the jar and as it cools a vacuum seal is formed. Canning provides a shelf life that typically ranges from one to five years, although under specific circumstances, it can be much longer. Gujarat Enterprise is the leading Supplier of Canned Food in India

The  canning  or hermetic  sealing  in  metal  or  glass  containers  after   heat sterilization   food   preservation  in  assured  both   by   the destruction  of  spoilage organisms present in materials  and  by preservation  of infection from outside sources.  Almost all  the methods of preservation, excepting cold storage and  dehydration, are covered by the term canning, and the material handled cover a wide  range  and  include fruits and vegetables,  fish  and  meat products,  and  milk and dairy products, but not powder  and  dry solids  such  as biscuit, cocoa and coffee, which are  sealed  in tinplate  container  for protection against  insects,  dust,  and moisture. Canning is a convenient and effective way of preserving vegetables for later use, particularly during the off-season and in remote areas. Vegetables are first processed and then stored in an air-sealed container such as a jar or a can. Canned vegetables are rich in vital nutrients that are easily digestible and have a shelf life of about five years. 

Market potential & Strategy

India canned food market is estimated to be valued at INR 814,900 Crores in 2020, and is projected to grow at a CAGR of 7.18% to reach a market size of INR 1,235,350 Crores by 2024. The foods which are first processed and then preserved by sealing in an airtight container to extend the shelf life of the product are called canned foods. Canned foods have high nutritious value and require less preparation time, this factor will play a role in boosting the market growth. Moreover due to an increase in the disposable income and change in food preferences many consumers are preferring canned foods which will play a role in increasing its demand hence augmenting the market growth. Additionally, increasing participation by international key players in the country with new product launches and investments is also poised to boost the canned food market in the coming years. The increasing health concerns among consumers is driving the demand for nutrient-rich convenience foods like canned vegetables. Moreover, the busy lifestyles of the working population are leading them to switch toward canned vegetables, which is further stimulating the market growth. The canned meat & seafood segment accounted for more than one third of the total canned food market share. Various canned food products offered in the market include seafood, meat, fruits, vegetables, meals, sweets & desserts, soups & sauces, beans, lentils, and pastas. Canning process retains many essential nutrients; hence, canned food products have been one of the preferred choices of the preserved food products in the market.

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