10 promising and innovative startups for entrepreneurs ... promising … · common ingredient in...

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India is one amongst the first five largest startup communities in the

world with the number of startups crossing 4,200, a growth of 40 per

cent, by the end of 2015.

Here are list of Business Ideas that’ll make you

Money in 2019:



Ark of Ajwain, Pudina, Saunf & Gulab (Extracts of Carom Seeds, Mint, Fennel &

Rose)

Ajwain (Carom Seeds)

Ajwain's small, oval-shaped, seed-like fruits are pale brown schizocarps, which resemble the

seeds of other plants in the Apiaceae family such as caraway, cumin and fennel. They have a

bitter and pungent taste, with a flavor similar to anise and oregano. They smell almost exactly

like thyme because they also contain thymol, but they are more aromatic and less subtle in

taste, as well as being somewhat bitter and pungent. Even a small number of fruits tends to

dominate the flavor of a dish.



Pudina (Mint)

Mint or Pudina is a common ingredient used to flavor dishes all around the world. It is also a

common ingredient in cosmetic products thanks to the excellent skin care benefits that it offers.

It is often found in moisturizers, cleansers, conditioners, lip balms, and even shampoos.

The global mints market is expected to reach USD 7.76 billion by 2023 registering a healthy

CAGR of 4.2% during the forecast period. About 397million Kg of mints consumed in 2016,

which is growing at a stable growth rate.



Rising sugar-free chewing gum sale possess a healthy competition to mint market in the recent

year with the introduction of hybrid products composed of mint and gum. Consumer preference

for mint remains high as compared to chewing gum due to its oral benefit and low sugar content.

Innovation in products with various flavors drives the mint market. Impulse purchase,

convenient pack, innovation in products has fueled the mints market growth.



Saunf (Fennel)

Fennel (Foeniculum vulgare) is a flowering plant species in the carrot family. It is a hardy,

perennial herb with yellow flowers and feathery leaves. It is indigenous to the shores of the

Mediterranean but has become widely naturalized in many parts of the world, especially on dry

soils near the sea-coast and on riverbanks.

The global fennel seeds market to grow at a CAGR of 14.08% during the period 2017-2021. The

primary reason for the growth of the global fennel seeds market is the increasing awareness

about the health benefits of fennel seeds.



It aids in digestion, reduces obesity, helps with menstrual problem, helps eliminate bad breath, and

relieves chronic coughs. The growth in organized retail increases the product availability for

consumers, which drives the market.

The global market for fennel seeds is dependent on the factor of demand side. Owing to its flavor and

aroma. Furthermore, the innovations pertaining to the personal care industry have further inspired

the growth of the international market for fennel seeds. Fennel seeds are found to be relaxing and

soothing agent in the aromatherapy. Owing to the availability of products of organic fennel seeds, it

has become possible for the consumers who prefer organic ingredients, to purchase the product. This

has further impacted the growth of the said market positively. The fennel seeds market come with a

wide range of applications in the market, particularly as seasoning and flavor ingredient. It is also

used soft drinks and beverages. Such widespread usage is boosting the growth of the market. The

increasing demand for aromatherapy is one of the latest trends that will gain traction in the fennel

seeds market in the coming years.



Gulab (Rose)

Rose plant is globally popular and culturally significant flowering plant that is cultivated across

the world, with many varieties being native to Asia. Rose extracts are medically or

therapeutically significant components that are derived from petals, fruits, leaves and seeds of

the rose plant. Each of these types of extracts has been part of traditional medicines but are

finding increasing commercial applications.



In the case of rose extract, a high presence of vitamin C is a major driver for its adoption in the

food and beverage industry. For instance, it has been observed that rose contain over 50% more

vitamin C than oranges. In this context food fortification, which is the addition of one or more

beneficial ingredients to food and beverage products, is an important opportunity for rose

extracts. Rose extracts is also gaining prominence for its role in the treatment of osteoarthritis,

which is a condition that affects bone and joint health in the elderly population.

The Rose Extract market is segmented on the basis of type, application, and form. The global

rose extract market is primarily driven by increasing use of rose petal oil for the treating health

conditions in the geriatric population. Moreover, increasing preference of consumers for natural

and organic ingredient products is expected to favor the market growth. In addition to this, rose

oil are the safe and harmless alternatives to allopathic solutions is also pushes the market

growth. However, the presence of a high number of substitute products at competitive prices is

hampering the market growth.



Cotton Fibers from Waste Cloth

Cotton is a soft, fluffy staple fiber that grows in a boll, or protective case, around the seeds of

the cotton plants of the genus Gossypium in the mallow family Malvaceae. The fiber is almost

pure cellulose. Under natural conditions, the cotton bolls will increase the dispersal of the seeds.

Cotton, one of the world’s leading agricultural crops, is plentiful and economically produced,

making cotton products relatively inexpensive.



The fibres can be made into a wide variety of fabrics ranging from lightweight voiles and laces to

heavy sailcloths and thick-piled velveteens, suitable for a great variety of wearing apparel, home

furnishings, and industrial uses. Cotton fabrics can be extremely durable and resistant to

abrasion. Cotton accepts many dyes, is usually washable, and can be ironed at relatively high

temperatures.

Cotton is the most widely produced natural fiber on the planet. Other natural fibers include silk,

made from the cocoons of silkworms; wool, made from the fur of sheep or alpacas; and linen,

made from fibers in the stems of flax plants. Every part of the cotton plant can be used. The long

cotton fibers are used to make cloth, the short fibers can be used in the paper industry. You can

make oil or margarine out of the seeds of the cotton plant. The leaves and stalks of the cotton

plant are plowed into the ground to make the soil better. Other parts of the plant are fed to

animals.



Cotton today is the most used textile fiber in the world. Its current market share is 56 percent

for all fibers used for apparel and home furnishings and sold in the U.S. Another contribution is

attributed to nonwoven textiles and personal care items. The earliest evidence of using cotton is

from India and the date assigned to this fabric is 3000 B.C.

Cotton generated revenue nearly USD 7 billion in 2016. High strength & elasticity, tear-resistant

and less prone to pilling & static are key properties supporting growth in this segment. Further,

improved shelf-life, wrinkle free and ease in sewing are the other factors enhancing product

scope. Nylon/wool will witness over 3% CAGR by 2024. Benefits including reduced cost, absence

of skin irritation and less wear-tear are factors supporting product demand.



Welded Wire Mesh (MS and SS)

Welded wire mesh, or welded wire fabric, or "weld mesh" is an electric fusion welded

prefabricated joined grid consisting of a series of parallel longitudinal wires with accurate

spacing welded to cross wires at the required spacing. Machines are used to produce the mesh

with precise dimensional control.

Welded wire mesh is constructed with two orthogonal wires that are joined together at their

intersections using a resistance welding process to form a grid. The line wires of the grid are

guided through the welder using a pattern board. The machine drops cross wires into place and

fuses them together to create the two distinctive planes that form welded wire mesh.



The Welded Wire Mesh Panel is one such crucial constituent that continues to gain demand from

all corners of the globe. The global Welded Wire Mesh market is differentiated on the basis of

product category and segments Electro Galvanized Welded Wire Mesh, Hot Dipped Galvanized

Welded Mesh, PVC Coated Welded Mesh, Welded Stainless Steel Mesh, and Welded Wire Fencing

Panels. Also, sub-segments Construction, Agricultural, Industrial, Transportation, Horticultural

and Food Procuring Sector.



Transparent Rigid PVC Film Roll (For Packaging Industry)

Transparent Rigid PVC Films & Sheets are primarily used for signage, photo frames, Box

windows, advertisement display stands & smart cards. These sheets are offset printable, fusable

& offer excellent transparency & light transmission. They can be used as replacement for Acrylic

sheets for thickness below 1.5 mm. These sheets also come with removable protective masking

film on both sides for avoiding scratches & nail marks.



The market number for transparent rigid PVC film is derived on the basis of both primary and

secondary research. Evaluation of the share of various sides transparent rigid PVC film suppliers based

on product type, transparent color and application through secondary research and data validation

through primary interactions. The demand scope of the market is estimated of the basis of

penetration of transparent rigid PVC film in various applications. Initially, in-depth secondary

research is done to have the idea about overall market size, top industry players, industry

associations, etc.

The rigid transparent plastics market is driven by its easy-to-handle, durable, and lightweight

characteristics. These are widely employed in the food & beverage industry for manufacturing

packaging covers or materials. Growth in the food & beverage industry has a direct impact on the

consumption of rigid transparent plastics for packaging. Rigid plastic packaging accounted for more

than 15% share of usage in the food & beverages industry. Many developed countries are shifting to

packaging covers made from clear plastics; primarily, polypropylene and polystyrene.



Abrasive Cloth Rolls (Abrasive Emery Cloth)

Emery cloth is a type of coated abrasive that has emery glued to a cloth backing. It is used for

hand metalworking. It may be sold in sheets or in narrow rolls, typically 25 or 50 mm wide, often

described as "emery tape". The cloth backing makes emery cloth stronger in tension than

sandpaper, but still allows a sheet to be conveniently torn to size.

Abrasive cloth is generally used in shoe industry, painting workshops, furniture and leather

industry, metal, wood, glass and automotive industries. Abrasive cloth (Emery cloth) is originally

restricted to finishing applications such as polishing or preparing surfaces for painting or

plating.



Abrasive cloth /emery cloth as a polishing, cleaning, shaping, smoothing and finishing material

is mainly used in the metal, wood, glass and the like. The demand for the product is currently

met through import. The major suppliers of abrasive/emery cloth to the Ethiopian market are

China, Germany, United Arab Emirates, and Britain among others. Demand for abrasive

cloth/emery cloth will increase with the development of the manufacturing sector mainly the

wood and metal sub sectors.



Bamboo Toothpicks

Bamboo toothpicks are widely used in many Asian countries, especially in China where there are

a large number of small-scale toothpick production units. Bamboos are renewable, can be

harvested annually and are an ideal source of softwood for light uses such as toothpicks.

Though the demand for the product is always high as it is used daily in homes and the entire

hospitality industry, toothpick production is one of the most commonly overlooked business but

very profitable and has big potential for job creation and growth.



The raw materials (bamboos) for making toothpicks are locally available meaning there is

reduced cost of production and an assurance of regular raw material supply, steady productivity,

enhanced production capacity and profitability.

The demand for toothpick has been growing over the years, marked by the growing demand for

fast food products. This is shown by the growth and remarkable performance of fast food

restaurants in the local market.



Milk Chilling & Packaging Plant, Milk Processing Plant (Milk Chilling and Milk

Packaging)

Milk is the most valuable protein food that widely consumed by people all over the world. The

milk plants include the fluid milk production, cheese production, yogurt production, ice cream

production to make the huge variety of milk products like cheese, butter, cream, skimmed milk,

yogurt, toned milk or double toned milk and much more. The milk processing industry in India

will rise at an overall compound annual growth rate (CAGR) of 20.5%, and will be worth USD

53.17 billion by 2020.



Increasing urbanization, rising incomes, and the proliferation of food and grocery retail outlets

across tier 2 and tier 3 cities has led to an increasing accessibility and demand for processed

milk products in India. However, the Indian milk processing industry is yet to achieve its full

potential due to challenges such as gaps in the supply chain, insufficient cold storage and

distribution facilities, and lack of quality feed.

The U.S. market by was valued at USD 792.0 million in 2016 and is predicted to grow at a CAGR

of 6.1% from 2017 to 2025. The U.S. dairy industry has experienced some major change over the

past few years as the consumption of processed milk products is increasing significantly and

production of the same is declining. Moreover, reduction in cow number and increasing per

capita consumption of milk are some of the major challenges witnesses by the country. The milk

packaging market is expected to register a CAGR of 2.77 % during the forecast period (2018-

2023). The rise in production of milk across the globe is expected to have a positive impact on

the market growth over the forecast period.



Furthermore, the correct choice of packaging material in accordance with the weather

conditions helps in ascending shelf life of the product which is likely to boost the utilization.

Apart from providing safety and hygiene of products, it enables differentiation of products of two

distinct companies or competitors. Moreover, increase in demand for single serve milk packs is

estimated to fuel the growth of the global milk packaging market during the forecast period. In

addition, several health & nutritional benefits associated with the use of packaging materials

have fueled the demand for milk in the recent years, which is expected to drive the global

market during the forecast period.

The global milk packaging market is segmented based on packaging type, material, and

geography. On the basis of packaging type, it is categorized into cups, cans, bottles, pouches,

and others. Based on material, it is classified into glass, plastic, metal, paperboard, and others.

Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.



Cloth Surgical Adhesive Tape

Cloth Adhesive Surgical Tape provides secure durable skin adhesion. Designed with strong,

lightweight construction. Tears easily without shredding. This Premium Cloth Tape is a good

quality durable tape that can be ripped in both directions.

Surgical tape or medical tape is a type of pressure-sensitive adhesive tape used in medicine and

first aid to hold a bandage or other dressing onto a wound. These tapes usually have a

hypoallergenic adhesive which is designed to hold firmly onto skin, dressing materials, and

underlying layers of tape, but to remove easily without damaging the skin.



They allow air to reach the skin ("breathable"). Some breathable tapes such as Kinesiology Tape,

and other elastic bandages with adhesive are made of cotton. Surgical tape is often white

because it contains zinc oxide, which is added to help prevent infections.

Adhesive Tapes Market was valued at USD 48.56 Billion in 2016 and is projected to reach USD

69.42 Billion by 2022, at a CAGR of 6.26% during the forecast period. In this study, 2016 has

been considered as the base year, and the forecast period is between 2017 and 2022.

The adhesives tapes market has been segmented on the basis of resin type, backing substrate,

technology, category, application, and region. Based on resin type, the adhesives tapes market

has been classified into acrylic, rubber, silicone, and others. Silicone-based adhesive tapes

maintain adhesion over a large temperature range and possess the ability to adhere to difficult

surfaces. The overall adhesive strength of silicone-based adhesive tapes is lower than that of

other adhesive tapes.



Caustic Soda Flakes from Sea Water

Caustic soda flakes (technical sodium hydroxide flakes) – flake mass of white color, very

hygroscopic, very soluble in water and alcohol. The formula is NaOH. Technical sodium

hydroxide flakes are obtained by evaporating of liquid caustic soda А grade.

Caustic Soda Flakes is a flexible fundamental synthetic with an extensive variety of mechanical

applications. It is exceedingly insolvable is water and is for all the insoluble in most natural

solvents with exception of alcohols.



Caustic Soda Flakes is available in the form of lye (solution in water), as strong and as pieces. Caustic

Soda Flakes is an inorganic concoction compound having a place with the gathering of the most

grounded alkalies, it is profoundly hygroscopic and solvent in water and alcohols.

The global caustic soda market was valued at 78,833.08 kilotons in 2017 and is expected to grow at a

CAGR of approximately 5.15% during the forecast period (2018 - 2023). The market is mainly driven

by the growing demand from the chemicals industry, the rising demand for alumina in the automotive

industry, and the increasing demand for paper and paperboards. On the flipside, energy-intensive

production process is expected to hinder market growth.

The global caustic soda market is segmented as the type, application and region. On the basis of type,

caustic soda market is segmented as lye, flake and others. On the basis of application, market is

segmented as inorganic chemical, organic chemical, alumina, soap & detergents, pulp & paper, water

treatment, textiles, dye & ink and others. Based on the region, the market is divided into North

America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.



Naphthalene from Coal Tar & Petroleum Waste

Naphthalene is an organic compound with formula C10H8. It is the simplest polycyclic aromatic

hydrocarbon, and is a white crystalline solid with a characteristic odor that is detectable at

concentrations as low as 0.08 ppm by mass. As an aromatic hydrocarbon, naphthalene's

structure consists of a fused pair of benzene rings. It is best known as the main ingredient of

traditional mothballs.



Naphthalene is the most abundant single constituent of coal tar, a volatile product from the

destructive distillation of coal, and is also formed in modern processes for the high-temperature

cracking (breaking up of large molecules) of petroleum. It is commercially produced by

crystallization from the intermediate fraction of condensed coal tar and from the heavier

fraction of cracked petroleum. The substance crystallizes in lustrous white plates, melting at

80.1°C (176.2°F) and boiling at 218°C (424°F). It is almost insoluble in water. Naphthalene is

highly volatile and has a characteristic odour; it has been used as moth repellent.

Naphthalene is a class of an organic compound with chemical formula C10H8. It is considered as

the simplest polycyclic aromatic hydrocarbon, and is a white solid chemical that sublimes

easily. Naphthalene is manufactured commercially from either coal tar or petroleum; majorly it

is produced from coal tar across the globe.



Naphthalene is used in the manufacturing of phthalic anhydride and also used in mothballs.

Additionally, it is used as surfactant & wetting agent, plasticizer, and pesticide in numerous end

use industries such as building & construction, agriculture, household cleaning, textile and

others.

The global naphthalene market is categorized into five regions, Asia Pacific, Europe, Latin

America, North America, and the Middle East & Africa. The Asia Pacific region is predicted to

grow with the fastest CAGR during the review period, (2016 to 2023) on account of expansion of

numerous end use industries such as building & construction and agriculture among others.



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