Aquaponics Business Plan Template [Updated 2024]

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IV. Customer Analysis

You can download our Business Plan Template (including a full, customizable financial model) to your computer here.

Demographic Profile of Target Market

[Company Name] will primarily serve regional distributors of vegetables. Some products may be sold directly to manufacturers in the local area for the production of other products from these ingredients.

These businesses typically gross from $5 million to $50 million in annual revenues and source their supplies from within a 100 mile radius of their facilities.

Distributors and manufacturers of food products in the region see growth in interest in organic products and are in need of organic ingredients for suppliers. Consumers show increased demand for these organic products at stores.

Customer Segmentation

The Company will primarily target the following two customer segments:

  • Regional Organic Distributors: Organic food distributors source organic vegetables from medium and large farms, and sell them to food manufacturers who process, package and sell the products.
  • Organic Product: Small manufacturers that process organic products work directly with local farms to keep costs low whenever possible.
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