Detailed Project Report on Sea Food Processing Industry

SEA FOOD PROCESSING INDUSTRY

[EIRI/EDPR/1686] J.C.507

INTRODUCTION

Seafood industry plays a significant role in the economic and social wellbeing of nations, as well as in the feeding of a significant part of the world’s population. Fishing and fish farming has emerged as one of the major food processing occupations of mankind. In ancient times, economically and socially backward people were employed in this profession. The advent of modern mechanized fishing vessels has brought vast changes in the attitude of the public fishing and seafood

processing. From low income and socially backward communities the profession has shifted to the hands of industrialists and technologists. Today fishing and processing activities provide employment to millions of people around the world.

The world’s population is expected to increase by 36% in the years 2000 to 2030, from approximately 6.1 billion people to 8.3 billion. It is also expected that the estimated total seafood demand will be 183 million tons by 2030, but the estimated supply will be only 150 to 160 million tones. Thus, there is a sizable gap between demand and supply. However, global capture fisheries will be able to provide only 80-100 million tons of fish annually on a sustainable basis. 

The global seafood market is estimated at US$ 100 billion per annum. Also, the world demand for seafood increases by 3% each year. The world largest seafood consumption in the world is by Japan, followed by European Union. The top five consumed species are salmon, shrimp, tilapia, catfish and crab (major consumption in China and India). 

Seafood means all aquatic vertebrates and aquatic invertebrates intended for human consumption but excludes amphibians, mammals, reptiles and aquatic plants.

COST ESTIMATION

Plant Capacity                               20.00 MT/day                        
 Land & Building  ( 3 Acres)                  Rs.7.30 Cr
Plant & Machinery                               Rs. 9.00 Cr        
W.C. for 1 Month                                Rs. 16.33  Cr     
Total Capital Investment                       Rs. 33.47 Cr            
Rate of Return                                     38%  
Break Even Point                                 40%

CONTENTS

INTRODUCTION

MARKET SURVEY

EXPORT OF SEA FOOD FROM INDIA

PRESENT MANUFACTURERS OF SEA FOODS

REQUIREMENTS IN SEA FOOD PROCESSING

METHOD OF SEAFOOD PROCESSING

PROCESS FLOW DIAGRAM OF SEA FOOD PROCESSING

METHOD OF FISH PROCESSING

INDIVIDUAL QUICK FREEZING

(IQF) USING LIQUID NITROGEN

ENVIRONMENTAL ISSUE FOR SEAFOOD PROCESSING

METHOD OF WASTE WATER TREATMENT IN SEAFOOD PROCESSING

PRINCIPLES OF PLANT LAYOUT

PLANT LOCATION FACTORS

EXPLANATION OF TERMS USED IN THE PROJECT REPORT

SUPPLIERS OF RAW MATERIALS

SUPPLIERS OF PLANT & MACHINERIES

SUPPLIERS OF PLANT AND MACHINERIES (IMPORTED)

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)