The latest report titled “Onion Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Onion.
Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the production process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Onion production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Onion Production Process:
- By Agricultural Method: This report presents the detailed production methodology and cost analysis of Onion industrial production across Onion manufacturing plants. Green onions are also cultivated from small onion bulbs, resulting in green onion varieties. They exhibit versatility, thriving in various conditions and adaptable to different soil types. However, the preference is for well-moistened soil rich in organic matter. The ideal soil pH falls within the range of 6 to 7.5, as onions are sensitive to highly acidic, saline, or alkaline soils. Seedlings typically emerge within six to seven weeks for kharif varieties and eight to nine weeks for rabi. Once the seedlings reach the desired stage, they are transplanted into the fields. Harvesting timelines vary based on the onion type: green onions can be harvested after three months of transplantation, while dry onions are typically ready for harvesting after five months.
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Product Definition:
Onion, scientifically known as Allium cepa, is a widely cultivated and pungent-flavored vegetable belonging to the Allium genus. Known for its characteristic layered structure, onions are grown globally and come in various colors such as white, yellow, and red. They are composed of concentric layers of edible, fleshy leaves that form a bulb underground. Onions are versatile in culinary applications, used raw in salads, sandwiches, or as a key ingredient in numerous cooked dishes, adding flavor and aroma. They contain essential nutrients and antioxidants and are celebrated for their unique taste, making them a staple in cuisines worldwide.
Market Drivers:
The onion market is influenced by several key drivers. Firstly, onions are a staple in various cuisines worldwide, ensuring consistent demand. Secondly, their long shelf life and ease of storage make them an attractive choice for consumers and retailers. Additionally, the health-conscious trend towards natural and organic foods has boosted the onion market, as onions are a nutritious and versatile vegetable. The growth of the food processing industry, where onions are used as ingredients, further fuels demand. Lastly, favorable agricultural policies, advancements in cultivation techniques, and increased production efficiency contribute to the overall market growth of onions.
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