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Research 1

The document discusses a proposed nutri-siomai business. Nutri-siomai is a healthier version of traditional siomai made with tofu instead of meat, and blended with carrots and onions. It aims to provide nutritional benefits while satisfying consumer demand for siomai. The document covers the product description, history of its main ingredients like tofu, industry and market analysis showing demand and supply factors, and outlines the company's vision, mission and basic details.
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0% found this document useful (0 votes)
890 views9 pages

Research 1

The document discusses a proposed nutri-siomai business. Nutri-siomai is a healthier version of traditional siomai made with tofu instead of meat, and blended with carrots and onions. It aims to provide nutritional benefits while satisfying consumer demand for siomai. The document covers the product description, history of its main ingredients like tofu, industry and market analysis showing demand and supply factors, and outlines the company's vision, mission and basic details.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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San Fabian National High School

Senior High School Department

PALATABILITY AND ACCEPTABILITY OF THE PROPOSED NUTRI-SIOMAI

JELA B. BUCAO

SAN FABIAN NATIONAL HIGH SCHOOL


SAN FABIAN, PANGASINAN

ACADEMIC TRACK- ABM STRAND

October 2022

…creating possibilities through Business, Innovation, and Entrepreneurship.


San Fabian National High School
Senior High School Department

Chapter 1
Introduction

A. General Concept of the Business

Dim Sum is a famous street food in the country with the embracement of siomai.

Siomai is prepared from ground pork, beef, or shrimp in combination with other

extenders such as carrots and then wrapped in wanton wrappers. These are usually

steamed or fried before being sold (dela Cruz, Punzalan, Ramos, Reyes & Barcelon, 2013

- as cited in a Siomai Case Study). Based on consumer’s survey, siomai rank number one

on the most preferred Dimsum delicacy that is acceptable to 95% of Filipino. From

segment A to D of the Philippine market. Siomai is considered “darling of public

consumer” because siomai has just turned one of the best selling street food like fish ball

(Langco, 2013).

According to an article by Salazar (2017), the Philippines is now one of the fastest

growing meat eaters in the world. It incorporates the statistics on the top 10 of the

quickest growing meat consuming nations, and Philippines is one of the highest growing

rates. Compound manual growth rate from 2011 to 2012 was predicted to be over 30

percent a year for pork, chicken and beef. Per person the consumption of meat decreased

to 15 kilograms per person per year. Now it is 35 kilograms per person per year and it is

continuing to grow. In contrary to this growing demand for meat, Salazar (2017) also

stated that the Philippines has the lowest vegetable intake in Asia and is one of the lowest

in the world.

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With these being mentioned, the proponents of this research created a version of

siomai that offers a greater nutritional value to its consumers -- the nutri-siomai.Nutri-

siomai is created mainly with tofu as an alternative to meat and blended with carrots and

onion leaves to infused the siomai with added nutrients.

B. Product Description

The Nutri-siomai is primarily made of tofu. The proponents used tofu as an

alternative ingredient to make siomai to promote a healthier way of eating and to

provide a variant of siomai that fits all health conscious people in town.

Tofu contains several anti-inflammatory, antioxidant phyto-chemicals making it a

great addition to an anti-inflammatory diet. Tofu is also a good source of ‘complete’

protein – meaning that it has a well balanced amino acid profile – in addition to fiber,

potassium, magnesium, iron, copper and manganese (Pirnak, 2019).

Carrots are commonly used as main ingredients in dishes in the

kitchen. The fiber in carrots can help keep blood sugar levels under control and

with vitamin A and beta-carotene, which there's evidence to suggest can lower

your diabetes risk. They can strengthen your bones, have calcium and vitamin K,

which are both important for bone health.

The proponents state that the nutri-siomai is different from other competitors

because the product can help the customers to achieve the nutrients that they need

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San Fabian National High School
Senior High School Department

for their body -- especially those who wants a healthy lifestyle and who are on

diet by eating nutri-siomai.

C. History of Tofu

Shaomai (also spelled shui mai, siu mai, shao mai, siew mai, shumai, or siomai)

is a traditional Chinese dumpling served in dim sum. With fluffy and flowery shape in the

top, Shaomai, refers to as “pork and mushroom dumpling.” The origination of Shaomai

can be dated back to the Yuan Dynasty (1206-1368). Although its names vary in different

regions in China, Shaomai takes advantages of soup dumpling and shallow fried

dumpling, traditionally chosen as banquet dishes. The delicious taste, coupled with the

tempting fragrance, make Shaomai appeal (Seafood siomai, 2014).

Siomai is a Filipino term for steamed chinese dumplings that are usually

filled with pork and occasionally with shrimp and chicken. In the Philippines it is

often eaten with a dip of mixed soy sauce, calamansi juice and chili sauce.

Tofu focuses on a high volume of leads, with an emphasis on not

pressuring potential customers. Originating in China, it was most likely created

during the Han Dynasty. Legend has it that a Chinese cook accidentally curdled

soy milk when he added nigari seaweed. Tofu making was first recorded during the

Chinese Han dynasty about 2000 years ago. Chinese legend ascribes its invention to

Prince Liu An (179–122 BC) of Anhui province. Tofu and its production technique were

introduced to Japan during the Nara period (710–794).

…creating possibilities through Business, Innovation, and Entrepreneurship.


San Fabian National High School
Senior High School Department

Chapter 2
Industry Profile

A. Industry Overview

Starting a siomai business is easy. It only requires low capital. The hard part

is keeping the siomai business running. But with good marketing strategy, good

location and knowing the product, siomai business can be profitable and

successful.

Moreover, food industry in the country has continuously progressed. From finger

food to fine dining, people can’t even pinpoint which food would be our favorite among

all that we have eaten. However, not all of us could afford fine dining, the more

affordable the food is, the better.Among the finger food that Filipinos love, Siomai has

gained popularity. The delicious snack has always been a popular option among Filipino

grumbling tummy. Siomai is not only a good choice when it comes to satisfying one’s

cravings, it can also be one of the best concepts that you could think of when it comes to

a food cart franchise. For franchising, the cost of the Siomai Investment Package is Three

Hundred Fifty Thousand pesos (Php350, 000) plus VAT (Bernabest Foodhouse

Corporation, 2021).

B. Supply

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San Fabian National High School
Senior High School Department

San Fabian Public Market has stable supply of tofu all-year-round. Carrots are also

readily available in the market. Onion leaves are also available all year round

because it is the main ingredient in meals. With these being mentioned, then

availability of the ingredients in making the nutri-siomai is not a problem.

C. Demand
The strong influence of the Chinese in the Filipino culture is evident in a lot of

aspects: most notably, food. Siomai is among the Filipino favorites when it comes to

Chinese delicacies. Just like any delicacy, this food was just produced locally before but

as the years went on, it has spread in many countries including Philippines. Its popularity

attests to this fact.

In this industry, there is no very specific market segmentation for as long a sa

consumer is capable to buy and is being satisfied with the product. It has been a

remarkable success for the Siomai franchise industry these past few years proving that it

has acquired large number of consumers from time to time. Furthermore, the number is

continuously increasing because of the growing demand for Siomai products though the

highest level of demand still goes to and shared by well established brands which have

large marketshares. As a result, it encourages more market competition.

Chapter 3
Company Profile
A. Business Background

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San Fabian National High School
Senior High School Department

The product nutri-siomai aims to be a healthier alternative than any other siomai
from the market. This product is good for a health-conscious people because it is
made up of tofu and vegetables which contains more nutrients that can help the
physical body become stronger, improve health and maintain body figure.
Tofu siomai are usually very healthy as they hold lots of whole ingredients
which can offer a large variety of different micronutrients and fiber.

B. Vision
A nutri- siomai that is market competitive, innovative and acclaimed by its
quality.

C. Mission
To create nutri-siomai ensured of it's quality and nutritional value to provide
to customers.

D Business Name and Logo


Name:MARFIELA
Logo:

Location:
Our business is based at the side of divimart because we just started to
promote this product. By online platform the proponent wants to promote our

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San Fabian National High School
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product and tell what's unique and what are the benefits of our product so that
more customers can know what we are selling. This business will operate from
Monday to Sunday and receive advance orders.
E. The Product

F. Long- Range Objectives and Specific Objectives


Our goal is to keep our business stable and make our customer would order
more, satisfied and promote our product. In 2 years we see our business had own
store and our business will be in " patok sa pangmasa " and to provide a
nutritious alternative to customers by creating nutri-tofu.
Specific Objectives
● Create a Siomai that is comprised mainly of tofu and other healthy
ingredients
● Market the nutri Siomai

H. Source Of Funds

Chapter 4
Competitor's Profile
Swot Analysis

Chapter 5
Market Feasibility

A. Location
B. Target Market

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San Fabian National High School
Senior High School Department

Our Target Markets would be the students and people who love to eat
siomai which is more on healthy ingredients. Nowadays online business is often
used. More people can see what we are selling and by selling online more people
can see my product and help me to gain more customers. This business aims to
sell products to these customers because citizens like to taste new products that
will help for their health.

C. Competitive Strategy
D. Marketing Strategy

References:

https://www.foodyourself.com/blog/2019/1/15/tofu-101-the-health-benefits-of-tofu-
and-how-to-cook-it

https://seafoodsiomai.wordpress.com/2014/10/01/siomai-history/
https://www.siomai.house/franchise

…creating possibilities through Business, Innovation, and Entrepreneurship.

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