Healthy Delight Foods is an emerging food processing company that specializes in the production of high-quality, nutritious products derived from soya. Our flagship products are Tofu and Sambusa, both made from natural, plant-based soya. The company aims to cater to health-conscious consumers, vegetarians, and individuals seeking alternatives to traditional animal-based protein products. Our mission is to provide delicious, healthy, and affordable food options that promote wellness and sustainable living.
Project Objectives
• To Produce Nutritious Soya-based Products: Offer high-quality, affordable tofu and sambusa products made from 100% natural soya.
• To Promote Health and Wellness: Provide plant-based food options that are rich in protein, low in fat, and suitable for various dietary preferences (vegan, vegetarian, gluten-free).
• To Establish a Sustainable and Profitable Business: Build a scalable food production operation that prioritizes sustainability, minimal waste, and high efficiency.
• To Build Brand Awareness: Establish Healthy Delight Foods as a trusted brand known for quality, innovation, and health-oriented products.
Product Description
Healthy Delight Foods produces the following products from soya:
• Tofu: A versatile and nutritious plant-based protein, tofu is made by coagulating soya milk and pressing the resulting curds into blocks. It is available in various textures (soft, firm, extra firm) and can be used in a wide range of culinary dishes such as stir-fries, salads, and soups.
• Sambusa: A traditional snack made by filling thin pastry sheets with a savory mixture of tofu, vegetables, and spices, then deep-frying them to a crispy texture. Our sambusa is a delicious and healthy alternative to meat-filled snacks and caters to both vegetarians and non-vegetarians.
Market Analysis
The demand for plant-based food products has grown significantly in recent years, driven by increasing awareness about health, environmental sustainability, and ethical considerations regarding animal welfare. The global plant-based food market is expected to continue expanding, with consumers seeking alternatives to traditional meat products.
• Target Market:
o Health-conscious individuals
o Vegetarians and vegans
o Fitness enthusiasts
o People with dietary restrictions (lactose intolerance, gluten-free, etc.)
o Consumers seeking affordable plant-based protein sources
• Market Trends:
o Increasing demand for plant-based protein products
o Growth in vegetarian and vegan lifestyles
o Increased focus on local, sustainable food production
PROJECT REPORT: CURRENT STATUS OF HEALTHY DELIGHT FOODS
Executive Summary
Healthy Delight Foods, founded in December 2023, started as a small-scale business with six founding members, each contributing 6,000 RWF. The project initially began with a material investment of 20,000 RWF, including essential tools such as stoves, basins, buckets, saucepans, and blenders. As production scaled up, the material costs grew to 200,000 RWF to accommodate the larger production volumes of tofu and sambusa. The business now produces 30 kgs of tofu per week and 50 to 200 sambusa per week. This report highlights the achievements, production updates, material investments, and financial status of the project.
1. Current Status
Healthy Delight Foods started in December 2023 with an initial material investment of 20,000 RWF, which included stoves, basins, buckets, saucepans, blenders, and other essential kitchen equipment. As the business scaled up, the value of materials increased to 200,000 RWF, reflecting the expanded production capacity.
Key Achievements:
• Tofu Production: Increased from 5 kgs per week to 30 kgs per week.
• Sambusa Production: Increased from 20 units per week to a range of 50 to 200 units per week.
• Material Investment Growth: Material investment increased from 20,000 RWF to 200,000 RWF to support the scaled-up production.
• Unit Price Adjustment: Tofu price increased from 1,800 RWF to 2,000 RWF per kg, and sambusa is sold at 150 RWF per unit.
2. Production Overview
The following table summarizes the production details, material costs, and weekly revenue for tofu and sambusa.
Product Initial Production (per week) Current Production (per week) Unit Price (RWF) Weekly Revenue (RWF) Material Costs (RWF)
Tofu 5 kgs 30 kgs 2,000 60,000 133,333
Sambusa 20 units 50-200 units 150 7,500 to 30,000 66,667
Tofu Production Details:
• Initial Production: 5 kgs per week at 1,800 RWF per kg, generating 9,000 RWF per week.
• Current Production: 30 kgs per week at 2,000 RWF per kg, generating 60,000 RWF per week.
• Material Costs: The cost of materials for tofu production now accounts for 133,333 RWF, reflecting the increase in production scale and equipment.
Sambusa Production Details:
• Initial Production: 20 units per week at 150 RWF each, generating 3,000 RWF per week.
• Current Production: Between 50 to 200 units per week, generating between 7,500 RWF and 30,000 RWF per week.
• Material Costs: The cost of materials for sambusa production accounts for 66,667 RWF, which is 1/3 of the total material costs of the business.
3. Financial Summary
Here’s a breakdown of the initial and current weekly revenue and the material costs for tofu and sambusa:
Product Initial Weekly Revenue (RWF) Current Weekly Revenue (RWF) Total Material Cost (RWF)
Tofu 9,000 60,000 133,333
Sambusa 3,000 7,500 to 30,000 66,667
Total 12,000 67,500 to 90,000 200,000
Revenue Growth:
• Tofu Revenue: Increased from 9,000 RWF per week to 60,000 RWF per week, reflecting both increased production and a slight price increase.
• Sambusa Revenue: Increased from 3,000 RWF per week to a range of 7,500 RWF to 30,000 RWF per week, depending on the volume of production.
The total weekly revenue now ranges from 67,500 RWF to 90,000 RWF, compared to the initial 12,000 RWF per week, showing substantial growth.
4. Material Costs & Inventory Management
The initial material investment was 20,000 RWF, which included essential kitchen tools such as stoves, basins, buckets, saucepans, and blenders. As production scaled up, the total value of materials increased to 200,000 RWF. The cost for sambusa materials is now 1/3 of the total material cost, amounting to 66,667 RWF. The remaining 133,333 RWF is allocated to tofu production.
Material Initial Value (RWF) Current Value (RWF)
Stoves 5,000 30,000
Basins & Buckets 3,000 20,000
Saucepan & Cookware 4,000 25,000
Blender 3,000 15,000
Packaging 5,000 50,000
Sambusa Materials N/A 66,667
Total 20,000 200,000
Material Breakdown:
• Stoves: Increased from 5,000 RWF to 30,000 RWF to meet the demand for larger production batches.
• Basins & Buckets: Increased from 3,000 RWF to 20,000 RWF for handling larger quantities of ingredients.
• Saucepan & Cookware: Increased from 4,000 RWF to 25,000 RWF to accommodate larger production.
• Blender: Increased from 3,000 RWF to 15,000 RWF for blending larger quantities.
• Packaging: Increased from 5,000 RWF to 50,000 RWF as production volumes grew.
• Sambusa Materials: As noted, sambusa material costs now account for 66,667 RWF, or 1/3 of total material costs.
5. Challenges and Opportunities
Challenges:
• Material Supply: The increased material costs could strain the business, requiring careful sourcing of high-quality raw materials and kitchen equipment.
• Labor and Capacity: With growing production volumes, more labor or improved equipment might be needed to maintain efficiency.
• Cost Management: Managing the rising costs of materials, particularly sambusa ingredients, without compromising profit margins is a key challenge.
Opportunities:
• Product Diversification: There is potential to diversify into more soy-based products like soy milk, tempeh, and soy-based snacks.
• Market Expansion: The company can expand into new markets, to meet growing demand.
• Collaboration with Restaurants: Partnering with local restaurants and cafes can provide a consistent demand for the products.
6. Conclusion
Healthy Delight Foods has shown remarkable growth since its launch in December 2023. The increase in production, from 5 kgs of tofu per week to 30 kgs and the expansion of sambusa production from 20 units to as many as 200 units per week, demonstrates the business’s capacity to scale effectively. The material costs have increased from 20,000 RWF to 200,000 RWF, and the company’s revenue has grown significantly, with total weekly revenue ranging from 67,500 RWF to 90,000 RWF.
With the growing demand for healthy, plant-based foods, Healthy Delight Foods is positioned for continued success. The business should explore opportunities for product diversification, new distribution channels, and partnerships to further fuel growth.