Looking to download a comprehensive cassava processing feasibility study for grants, loans, and other institutions such as CBN, NIRSAL, BOI, and others?
This article is for you
This plan can be used to apply for grants, loans, and other financial assistance.
Cassava is one of the major crops grown in Nigeria. The country is able to harvest cassava throughout the year, allowing for year-round processing. This is a distinct advantage, as many other countries that process cassava must shut down for up to four months. Cassava production is a significant source of employment income and can be harnessed to boost the economy.
Cassava flour is a highly affordable source of starch. It can be processed into high-quality starch in less than 24 hours. Its low-amylose content makes it a good candidate for use in domestic glucose and fructose syrup industries. The starch produced can also serve as a feedstock for large-scale factories.
The cassava root is harvested and dried. The dried cassava root is sliced mechanically, and sun-dried to a moisture content of about fourteen percent. This form of cassava is more stable than raw cassava and can be transported more cheaply. The recovery rate of chips from roots is about 20-40%. The unsorted roots are brown in colour, high in fibre, and high in hydrocyanic acid.
Among its many uses, cassava flour is used in the pharmaceutical industry as a filler material and as a binding agent in powder formulations. In addition, cough syrup manufacturers import both liquid and crystalline glucose from Corn Products Corporation. They also use cassava starch in their manufacturing processes because it is inexpensive and high-quality. Furthermore, cassava starch is widely used in the pharmaceutical industry as a dusting agent and coating agent.
Small-scale centers handle the majority of cassava processing in Nigeria. They employ around 3 million people and generate less than five tonnes of high-quality cassava flour per day. Medium-sized and large-scale processing facilities struggle to stay afloat due to high transportation costs and poor rural roads. Many of them also operate at a below-capacity rate, meaning that the product doesn’t reach the processing plant within a two-day shelf life.
Cassava processing into diverse products such as flour, starch, cassava flakes (garri), and all other tuber crop derivatives necessitates a certain level of technical knowledge and cash.
We created this cassava processing feasibility study to assist entrepreneurs in raising funding from investors and applying for a bank loan or grant.
A business plan is a tool that will save you time, energy, and money in the time-consuming process of starting your own firm. Nigeria is one of the world’s top cassava-producing nations, if not the highest, producing one-third more than Brazil, the world’s top producer, and nearly double the production capacity of Thailand and Indonesia, two countries noted for their agricultural boom.
Nigeria now produces 42 million metric tons (MT) per year, a quantity that is predicted to quadruple by the end of 2020 based on a series of prospective analyses. Although it is ironic that the world leader in cassava production is not actively participating in cassava trade in international markets because the majority of her cassava is destined for domestic food markets and the methods of production she employs are subsistence in nature and thus unable to support industrial level demands where time, quality, and possibly quantity are criteria.
This has prompted current and previous governments to develop policies to raise awareness of the benefits of commercial cassava production and processing for both domestic and international markets, as well as to encourage commercial cassava production and processing for both domestic and international markets.
Cassava and its potentials were brought to national attention through the Government Initiative on Cassava, which was established in 2003. The Initiative’s purpose is to promote cassava as a viable foreign exchange earner for Nigeria, as well as to enhance the cassava production system to sustain national demand. The problem, however, is determining how Nigeria would earn $5 billion from value-added cassava exports by 2007. Cassava, according to the vision, will encourage rural industrial development, contribute to the food security status of its producers and consumers, and help raise incomes for producers, processors, and traders by transitioning from cassava as primarily a sustenance food to an industrial crop used in the processing of ethanol, starch, pellets, and high-quality cassava flour for export trade. This aim is achievable if Nigeria takes a demand-driven strategy to promoting, developing, and diversifying its cassava-based industry.
If you want to start a cassava business and need a business plan, your quest has come to an end since we have one for you.
The cassava processing business plan includes a 3-year financial analysis and may be given to any investor, bank loan, or grant provider. The entire cassava processing business plan is in Word Doc format, and the financial analysis is in Excel, so you may customize it to your liking. The cassava processing business plan is up to date with current research on how to establish a cassava processing firm, get market attention, keep it, and earn large profits.
The CASSAVA PROCESSING Feasibility study also includes an in-depth examination of cassava processing equipment, a three-year automated financial model and extensive industry research.
How To Download The Full Cassava Processing Feasibility Analysis Template PDF (with financial analysis)
Above is a part of the Cassava processing feasibility study template in Nigeria. In case you need the complete business plan, follow the procedures to download it.
Pay the sum of N5000 (Five thousand naira only) to the account detail below:
Name: Oyewole Abidemi (I am putting my name and not our company account so you know we are real people and you can trust us)
Thereafter, send us your email address through text message to +234 701 754 2853. The text must contain the title of the cassava farming and processing feasibility study you want and also your email address. Immediately after the confirmation of your payment, we will send the cassava farming in Nigeria to your email address where you can easily download it.