An Empirical Analysis of Determinants, Entrepreneurial and Market Dynamics of Micro-Food Processing Units
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Abstract
The micro food processing units play an important and very significant role in the growth and development of agriculture and rural area. It helps to provide large-scale employment opportunities with low investment, reducing the unemployment and poverty among the people living in the rural area. It helps to supply raw material, semi-finished material, components and intermediate goods which helps to strengthen industrial linkages and supply chains. The study is based on the exploratory and analytical research area. This research study was based on the primary data as well as secondary data. Primary data has been collected through the self-structured questionnaire using a Google form. Researchers have used descriptive statistical methods for analysis of data and Chi-square test has been used for testing of hypotheses. The study has found that majority of selected respondents were motivated to start the micro-food processing industries due to earning profit and followed by self-reliance, value addition to agriculture products, utilization of the family members in selected sample area in 2025. Consumer income, price of product, test or preference, market requirement and effects of existing products in the market are mostly determining factors of the demand for the products produced in micro food processing units in selected sample area in 2025. Researchers have concluded that micro food processing units play a significant role in growth and development of agriculture sector and boost the development of rural area.