A STUDY ON MARKET OPPORTUNITIES FOR VALUE ADDED MILLET PRODUCTS IN URBAN AREAS OF PRAKASAM DISTRICT OF ANDHRA PRADESH

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Date
2024-02-08
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Acharya NG Ranga Agricultural University
Abstract
Millets are small-grained cereal food crops with drought, and extreme weather resilience and require minimal chemical inputs such as fertilizers and pesticides to flourish. Millets are also known as "Nutri-cereals" because they contain most nutrients necessary for regular human body function. Millets can bring a dietary advantage to their consumers and help them to tackle many lifestyle diseases. Millets are becoming more essential because of the systemic link between human health and nutritional consumption. The rise in demand for value added millet foods is mainly due to a change in their lifestyle and the resulting diseases like diabetes, obesity, cardiovascular diseases and cancer etc., Commercialization with value addition of the products is the only way to increase the consumption of millets. The objective of the present study was to collect the data on market opportunities for value added millet products in urban areas of Prakasam district of Andhra Pradesh. The study is based on primary data collected from sample of 80 consumers from four urban centres (20 consumers from each urban centre). The data on consumption of millets, consumer preference towards value added millet products was collected with the help of a structured interview schedule developed based on the study objectives. The collected data was processed using Percentages, Frequencies, Mean, Standard Deviation and Garret ranking. Presented in the form of tables to draw valid conclusions. Several factors affect the consumption of millets which resulted in shifting of consumers from fine cereals to millets. Socio-economic factor is one of the major variables which changes the food purchasing behaviour which is unique for each consumer. xiv The education, income and health level of the family are the major factors that were found to influence the consumption of millets. The present study found a positive association between education levels and millet consumption. The millet consumers were more in the higher education level category. Most of the consumers expressed that they could observe an improvement in their health status due to the consumption of millets. Thus, millet consumption was found to be positively associated with health status. Income status too influenced millet consumption. The consumption statistics for value added millet products revealed that they were consumed regularly, either alternate day or weekly once and that they provided personal benefits to the consumers. While majority of consumers preferred to consume instant mixes, RTE foods, and RTC foods to save preparation time, avoids spoilage and wastage. Most of consumers are spending an average high amount on traditional recipes for consuming. The study revealed that nutritional value, price, good flavour and taste, storage and preservability are the major attributes preferred by the consumer. The estimated market potential of value added millet products in Prakasam district, for Traditional recipes was rupees 72.15 crores followed by Pasta products is rupees 21.46 crores, Bakery products is 16.86 crores, Flaked and popped products is rupees 8.29 crores and for Instant food mixes is rupees 4.02 crores (per year)
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