There is no better time to launch a spice business in Pakistan. What do you have to do? Just strategic planning and execution. So, whether it’s about selling it online or doing it after adding the secret masala recipe, this runs smoothly after following the few steps.
With growing demand not only internationally but also locally, starting a spice business can be a profitable step to take.
In this blog, we will discuss the key steps that need to be taken before you start. Let’s look at those thoroughly.
Spice Market in Pakistan Insights
Begin by conducting thorough market research to understand what’s trending in the market. Spices are highly in demand due to several factors, such as customer preference, growing awareness about the health benefits of spices, and a thriving foodservice industry.
Furthermore, it has been noticed that the trends and convenience of ready-to-use spices provide greater opportunities for companies to make life easier. Therefore, for this reason, the spices business for sale is showing the tremendous growth of 2.82%, which is projecting the market volume of US$4.93 m by 2030.
This is further evident due to the government’s strong focus on product innovation, packaging enhancements, and convenience formats by manufacturers, which cater to changing customer preferences and lifestyles, thereby contributing to market growth.
How to Start a Spice Business
Here are some essential points to consider before taking the first move toward the spice business. Well, if you are still confused about whether a spice business is profitable? Then, by reading the section below, you can easily conclude:
Decide Your Business Plan
When starting a spice business, the first consideration is selecting a suitable business model. For instance, if you plan to start from home, consider the product you want to sell, such as spice blends, seasonings, or specialty, ready-to-add spices. For this purpose, you need to choose the one according to your budget and goals:
Purpose of Use | Description |
Wholesale Distribution | Looking to work as a B2B supplier, supplying bulk spices to retailers or restaurants. |
Retail/ Private Labeling | Creating your own spices or private labelling options. |
Exporting | Targeting international buyers looking for authentic Pakistani spices. |
Online Sales | Using the websites or the e-commerce platform for selling authentic products. |
Get Your Legal Requirements and Permits Done
Undoubtedly, it is the product that needs proper licenses and certification to ensure compliance with food safety regulations. Although the requirements vary by location and activity, such as importing, exporting, or selling, they mainly include licenses and registrations from the Sindh Food Authority (SFA). For importing spices, the Ministry of National Food Security and Research is the key regulatory body.
Essential Steps:
- Registering your business name with the SECP (Securities and Exchange Commission of Pakistan).
- Getting a business license from the government in your area.
- If you need one, apply for a sales tax number.
- To export, you need to get the right certifications, including those from the Pakistan Standards and Quality Control Authority (PSQCA).
Sourcing From an Authentic Place
Processing spices at home requires the right equipment and essential tools for grinding and airtight packaging. Although this also requires the correct sourcing of spices by connecting with a reputable supplier, or when using a B2B or e-commerce platform.
Another essential aspect that should be noted is that to connect the one that sources the high quality, sustains the good stock of inventory that enables you to stay stocked in or profitable even during the stockout days.
Meanwhile, connecting with Pakistan’s leading B2B platform can relieve your stress. They are not just procuring the desired products but also procuring the direct connection to the suppliers nationwide.
Packaging and Branding
This can make or break the business, so do it accordingly. In Pakistan, people are looking for fresh, sealed, or eco-friendly packaging. After doing this, the following item on the to-do list is the branding. Create a strong branding identity that speaks about the brand. This can be achieved by creating a memorable tagline, logo, or visual design elements.
Promotion and Marketing Strategy
Marketing is what makes you get into sales. Understand your budget and plan it accordingly; you can either do it physically or through the online channel.
Hire the best person who can target the local market, approach kirana stores, restaurants, and catering businesses. Or, if you are planning to go small or even opt for digital-only, consider content marketing (SEO), where you can share blogs related to recipes, health benefits, or trending and affordable spices in Pakistan.
Secondly, the most effective and business-boosting tips are influencer marketing. For this, you can allocate some extra budget for food bloggers, chefs, and showcasing your brand. Additionally, discount offers, subscription plans, and digital ads on Facebook, Instagram, and Google Ads also drive traffic.
Correct Distribution Channel
Distributing the spices is very important, just like a distribution channel determines how your spices reach the end consumer, as it directly affects the cost and brand reputation. This may include selling directly to consumers through a website or partnering with local kirana stores and supermarkets.
Let’s look at some points that need to be considered when facing the hurdles:
- Maintaining consistent quality.
- Competing with established brands.
- Ensuring hygiene and safety standards.
- Managing logistics for wholesale or export.
While summing up, starting the wholesale business for spices is no longer as complicated as you think. From the very first steps, you need to be mindful of proper execution. Since this is a demanding and growing industry, there is a lot of competition, and to be profitable in comparison to those who always consider the quality, packaging, and distribution of the product.