Question
Business Plan Require Question: Please make same assignment format on another product Example: 1. Introduction Milk products, also known as dairy products, are food that
Business Plan
Require Question: Please make same assignment format on another product
Example:
1. Introduction
Milk products, also known as dairy products, are food that comes from or contains the milk of mammals such as cows, goats, sheep, and camels.
The dairy market in the UAE is segmented by its distribution channel and product type.
The dairy market in UAE is segmented based on its product type. It includes various types of dairy products such as milk, cheese, and yogurt.
The dairy market in the UAE is segmented by its distribution channel. It can be divided into supermarkets, hypermarkets, and convenience stores
The dairy products market in the UAE has undergone a significant change due to the increasing emphasis on their nutritional value.
According to the report, the increasing number of international players and the changing consumption patterns are some of the factors that are driving the growth of the dairy products market in UAE.
2. Why Choose this Product
The demand of customers for pure and organic product has been increased, due to increase in the quality of life.
Furthermore, COVID-19 has increased the concept of healthy diet for better immune system.
Therefore, a business that provides a healthy and organic products is in demand.
3. Identification of Market Gap
The United Arab Emirates dairy market is expected to grow at a CAGR of 4.73% during the period 2021 to 2026.
The COVID-19 pandemic led to a reduction in the dairy products' import in the UAE.
As other products such as forage is also imported, the COVID-19 exalted the import of products. Thus, negatively affecting the dairy product business in the country.
Besides COVID-19, there is also a need for new and improved dairy products in the UAE.
The rising population and economy, as well as the increasing number of tourists in the UAE, are driving the country's dairy products market.
The government of the UAE is also working on developing its production capabilities to decrease its reliance on imported products
4. Market and Environmental Analysis
The demand for functional dairy products is expected to rise. Due to the increasing number of health-conscious individuals, the demand for nutritious and healthy food products has increased. The availability of high-quality nutritional ingredients such as vitamins, minerals, and protein has also increased the demand for functional dairy products
The milk market is a significant one.
The increasing number of people and the rising demand for nutritious food are some of the factors that are driving the milk market's growth.
In the United Arab Emirates, people tend to spend a significant portion of their income on white milk due to its health benefits.
In addition, the country's consumers prefer home cooking methods.
Majority of the Arabian food need dairy products for their preparation.
5. Competitors Analysis
The dairy market in the UAE is highly competitive. There are various international and local players operating in this sector.
Some of the key strategies adopted by these companies include new product launches, mergers and acquisitions, and expansion.
Some of the prominent companies that are active in the market include Al Rawabi Dairy Company, Arla Foods, and Nestle SA.
6. Requirements for Dairy product business
Land
Shed
Water
Power
Fodder
Breed Selection
Labour
Vaccinations
7. Consideration of Innovation
Waste disposal: The animal waste will be converted into compost which will be used to product organic fodder which will be free from chemical fertilizer Cultivation of fodder: Fodder will be produced using advanced techniques such as vertical farming, hydroponics, and aeroponics.
Better Breeds of Cows: Cows of better breeds will be introduced using genetic engineering. Suitable Environment: To provide a suitable environment for the animals, thick curtains will be used to stop the UV rays reaching the shed. Ceiling dans and coolers will be installed which will be powered by solar energy.
8. Forecasting Tools
Forecasting Milk Supply
The tool generates a three-year forecast, based on historical data estimates provided by the individual farmer on replacements, milking cows, stocking rates and milk volumes.
Information in the User Forecast area can be changed to suit individual farm plans.
In effect, the Milk Forecasting Tool acts in the same way as a calculator.
Figures can be manipulated to deliver the desired milk volume for each year
9. Challenges
The weather condition of UAE is harsh and intense heat is not a suitable condition for the dairy farms.
The environmental condition do not support the production of fodder as there is no natural grazing grasslands in the UAE.
In the initial state, animals have to be imported from other countries (Germany and Holland) and they will need time to adopt to the climate of the UAE
10. Suggestion
Holstein-Friesians cows will be imported from Germany and Holland as they produce more milk and can easily adopt to the harsh climate of UAE
Forage will be produced within the country. Plant species like alfalfa soya bean, etc. will be produced using new techniques such as greenhouse tunnels.
.
Require Question: Please make same assignment format on another product
Require Question: Please make same assignment format on another product
,
Note: The product must be change and format will be same please take any product in UAE make the same business plan
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started