What is the New Product Development Process? | FoodResearchlab
Any New Product development Services within the food industry needs an idea or a thought within the first place. it's to be unique and has never been tried before. it's possible for a person to be it a lay man sort of a housewife, a food science student or knowledgeable working within the food industry. it's to be unavailable within the market and features a need for an identical product among consumers. It might be one or multiple. Multiple ideas got to be screened for something that would possibly be less costly to manufacture and more profitable in sales. the thought or concept has got to be tested to see if it works.
This called formulation of a prototype. It means converting the thought into a cloth form that would be experienced by the five senses. Next, a market survey is important to research the necessity for the proposed idea/product.
It means lecture consumers one-on-one, taking their suggestion, taking reviews from salespersons and marketing experts on how a product with similar characteristics is performing within the market. Then is that the stage of developing the merchandise . it's then sent for market testing.
This will be done as cooked samples. Further, it's produced for commercial purpose, meaning that manufacture is completed on a mass scale. On regular intervals, a review of performance within the market is completed . this is often to make sure that the merchandise has not lost its quality and to work out the demand curve.
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