Jam-making is no longer just a sweet hobby our grandmothers used to have. The global fruit jam and jelly market are evaluated to reach $9 billion by 2027. And the best part about a jam business is that it grows steadily without any concern regarding recessions or other external factors impacting it.
A jam business makes different flavored jams and jellies packed into jars to distribute. The market for natural food is proliferating due to an increased appetite for organic food. People tend to buy jams and jellies made from locally grown ingredients.
There is more to starting a jam business than just registering it with the state. We have put together a simple guide to starting your jam business. It will ensure that you have a well-planned business.
Cost of Jam Business
A jam business can be started from a residential kitchen, and its costs are pretty low. The expenses will be categorized into equipment and supply costs.
Moreover, business owners who have tight budgets can open a business by buying bulk jams for wholesale. It will save the equipment cost, and the owner won’t have to buy extra machines to prepare jams.
Ongoing Expenses for a Jam Business
The ongoing expenses for a jam business are lower than any other business. These costs can be further reduced if the business owners go for organically prepared wholesale jams. The other significant ongoing expense is the shipping cost, which is usually built into the price that customers are charged.
Target Market for Jam Business
Ideal customers for jam business are local businesses, retailers, or customers who use jams and jellies regularly. Such as restaurants that serve locally made jams in breakfast or a small bakery that uses jams in baked goods. Such businesses won’t pay retail prices; however, they will place regular orders that can provide stable income.
Profit Margins and Selling Prices
Jams are usually priced according to margin. You can easily charge 40 to 60 percent over the manufacturing cost as a business owner. Even if you are a distributor, you can add another 30 percent margin to the cost.
Additionally, the profit depends on how well you market your products and how many distribution channels you have. A small Jam wholesale business owner can make up to $1,000 weekly.
Where to Buy Bulk Jam for Wholesale?
You will find many businesses where you can get bulk jams for wholesale. However, it may be overwhelming to pick the right one.BODUO International is one of the jam and bubble tea suppliers.
Their jam is made of natural fruit manufactured with sweetness and acidity adjustments, high-temperature concentration, and other procedures. They have high-quality fruit jam, which can be used in smoothies, seasoning, breakfast, and other beverages. In addition to fruit jams, they also have flower jams.
Final Words
If you want to start a jam business, take the first step now. You can start this business from your kitchen and take it to new heights of success.