Food and beverage manufacturing subsectors are considered some of the most important branches in processing industry in developing countries. For some, development in this field is regarded as a strategic option for economic development, and this is particularly with regard to the potential for export market. For those countries food and beverage processing is not merely a new source of revenue and a new source for employment generation, but is also an excellent opportunity for internalizing of new knowledge and technology which will accelerate the growth of manufacturing and development of agriculture.
Food and beverage processing sectors are one of priority sectors for the Armenian Government, as they form a large portion of country’s economy and simultaneously have a huge potential for further development. Yet the domestic market still has a long path towards its development and overcoming of its fragmented nature. A number of reforms have been implemented in Armenia in the agro-food sector. Particularly, government agro-food and other various polices have been developed, including Food Safety policy, Strategy of Agriculture development, Cattle breeding program, etc. The government was encouraging and continues to encourage foreign investment as well, by both adopting a number of laws and amendments to existing ones, thus making steps to ease tax burden on companies.
Avenue consulting Group is highly engaged in the food and beverage industry in Armenia and it may be your trusted advisor in this sector. We support in designing and implementing strategies, operational performance of a company operating in this industry and improving its operational efficiency, as well as advising and elaborating business plan for startups. We are making marketing advisory services, including research in the field of food and beverage industries by specially designed research methodology. Our Legal and Tax Advisory practice supports clients in daily operational activity and advise on taxation issues concerning food and beverage sector.
our PROJECTS
Design of Comprehensive Business Plan for Developing a Restaurant Chain
In 2014, our team was engaged to create a detailed business plan for the development of a restaurant chain in Yerevan.
Elaboration of Business Plan for the Establishment of a Fruits and Berries Processing Mini-Plant
This project involved the development of a comprehensive business plan for the establishment of a fruits and berries processing mini-plant.
Evaluation of Fruit, Milk, and Rural Tourism Value Chains in 9 Targeted Clusters of Vayots Dzor and Lori Marzes
This project involved a comprehensive evaluation of the fruit, milk, and rural tourism value chains across nine targeted clusters in the Vayots Dzor and Lori regions.
Design of Comprehensive Business Plan for Dried Fruit and Dried Vegetables Production
In 2015, our team was contracted to develop a detailed business plan for the expansion of an existing dried fruit and vegetable production company.
Elaboration of Financial Projections Model and Investment Plan for an Entertainment Center in Krasnodar
In 2024, we were commissioned to develop a comprehensive financial model and investment plan for a new entertainment center planned in Krasnodar, Russia.