Business Model Analysis and Feasibility Study of Low Glycemic Index Rice – Parboiled Rice
Diabetes mellitus has become an epidemic in several developing countries, including Indonesia, where there has been a high increase in the number of people with diabetes. As rice is a staple food in Indonesia, its high glucose content may lead to overconsumption of glucose. Parboiled rice, as a pre-...
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| Format: | Article |
| Language: | English |
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EDP Sciences
2024-01-01
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| Series: | E3S Web of Conferences |
| Online Access: | https://www.e3s-conferences.org/articles/e3sconf/pdf/2024/13/e3sconf_isst2024_02007.pdf |
| _version_ | 1797334014480089088 |
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| author | Nurunisa Venty Fitriany Radinata Agung Grandika Sadjati Ida Malati |
| author_facet | Nurunisa Venty Fitriany Radinata Agung Grandika Sadjati Ida Malati |
| author_sort | Nurunisa Venty Fitriany |
| collection | DOAJ |
| description | Diabetes mellitus has become an epidemic in several developing countries, including Indonesia, where there has been a high increase in the number of people with diabetes. As rice is a staple food in Indonesia, its high glucose content may lead to overconsumption of glucose. Parboiled rice, as a pre-cooked rice, has a lower glycemic index. However, it is not widely produced and is not well-known. This research analyzes the business model and feasibility of parboiled rice. The study uses nine elements of the Business Model Canvas and calculates the NVP, IRR, and BEP of parboiled rice businesses to analyze the financial feasibility. The research shows that parboiled rice is a potential product to be developed, considering that Indonesia’s rice market is very large. The potential consumers are not only those who suffer from diabetes mellitus but also those who want to live a healthy lifestyle. This parboiled rice business is feasible if a strong partnership is built with farmers and the government, as indicated by the NVP, IRR, BEP, and PP values, which were IDR 599.200, 1.3%, 675.000, and 1.2 years, respectively. |
| first_indexed | 2024-03-08T08:14:39Z |
| format | Article |
| id | doaj.art-9ed18f38f97541e5bbc0e8e3f24d7e2a |
| institution | Directory Open Access Journal |
| issn | 2267-1242 |
| language | English |
| last_indexed | 2024-03-08T08:14:39Z |
| publishDate | 2024-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | E3S Web of Conferences |
| spelling | doaj.art-9ed18f38f97541e5bbc0e8e3f24d7e2a2024-02-02T07:57:30ZengEDP SciencesE3S Web of Conferences2267-12422024-01-014830200710.1051/e3sconf/202448302007e3sconf_isst2024_02007Business Model Analysis and Feasibility Study of Low Glycemic Index Rice – Parboiled RiceNurunisa Venty Fitriany0Radinata Agung Grandika1Sadjati Ida Malati2Universitas Terbuka, Agribusiness DepartmentUniversitas Terbuka, Agribusiness DepartmentUniversitas Terbuka, Agribusiness DepartmentDiabetes mellitus has become an epidemic in several developing countries, including Indonesia, where there has been a high increase in the number of people with diabetes. As rice is a staple food in Indonesia, its high glucose content may lead to overconsumption of glucose. Parboiled rice, as a pre-cooked rice, has a lower glycemic index. However, it is not widely produced and is not well-known. This research analyzes the business model and feasibility of parboiled rice. The study uses nine elements of the Business Model Canvas and calculates the NVP, IRR, and BEP of parboiled rice businesses to analyze the financial feasibility. The research shows that parboiled rice is a potential product to be developed, considering that Indonesia’s rice market is very large. The potential consumers are not only those who suffer from diabetes mellitus but also those who want to live a healthy lifestyle. This parboiled rice business is feasible if a strong partnership is built with farmers and the government, as indicated by the NVP, IRR, BEP, and PP values, which were IDR 599.200, 1.3%, 675.000, and 1.2 years, respectively.https://www.e3s-conferences.org/articles/e3sconf/pdf/2024/13/e3sconf_isst2024_02007.pdf |
| spellingShingle | Nurunisa Venty Fitriany Radinata Agung Grandika Sadjati Ida Malati Business Model Analysis and Feasibility Study of Low Glycemic Index Rice – Parboiled Rice E3S Web of Conferences |
| title | Business Model Analysis and Feasibility Study of Low Glycemic Index Rice – Parboiled Rice |
| title_full | Business Model Analysis and Feasibility Study of Low Glycemic Index Rice – Parboiled Rice |
| title_fullStr | Business Model Analysis and Feasibility Study of Low Glycemic Index Rice – Parboiled Rice |
| title_full_unstemmed | Business Model Analysis and Feasibility Study of Low Glycemic Index Rice – Parboiled Rice |
| title_short | Business Model Analysis and Feasibility Study of Low Glycemic Index Rice – Parboiled Rice |
| title_sort | business model analysis and feasibility study of low glycemic index rice parboiled rice |
| url | https://www.e3s-conferences.org/articles/e3sconf/pdf/2024/13/e3sconf_isst2024_02007.pdf |
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