Business Opportunity in Food Processing Industry in Nigeria

Food Processing Industry: Business Opportunity in Food Processing Industry in Nigeria.

One of the questions that sometimes, crosses my mind is that, to what extent has Nigeria, as a nation taped into food processing and packaging business.

There is need however, for this area to be discovered by Nigerian business men, and some set of investors.

Whose desires where to have a fresh opportunity.

 

Business Opportunity in Food Processing Industry

www.foodprocessing.com articles/2018/industry-outlook/

 

Food processing and packaging is purely business opportunity in food processing industry in Nigeria.

It has been the desire of Nigerian government to create job opportunities to its citizenry, one of the areas of emphasis was in the area of food processing industry in Nigeria.

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What makes food processing a business opportunity in Nigeria?

Food processing and packaging have been seen as one of the business opportunities in Nigeria.

The Nigerian government is however, willing to support every Nigerian, and encourage those, who showed interest in food processing and packaging.

This approach is likely going to create jobs, and as well lessen the challenge of unemployment among Nigerian youths in particular, especially graduates, and those who perhaps, have ventured into this business opportunity are likely to receive support through loan facilities so as to expand their business.

However, before we continue let us take a look at what food processing is.

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The meaning of  food processing

Food processing is the conversion of natural ingredients or raw materials either through chemical or physical method into other type of food or other type of products from the original food item.

It is the procedure employed in value chain process, where food is processed to a different form, either for food consumption, like in the case, where cassava is processed into garri or for industrial use, like in the case, where the same cassava is processed into alcohol.

In food processing, raw food items are merged to produce food products that can be marketed, and this processed food can be simply prepared into something edible (food) by the end users for consumption purposes.

Food Processing Industry

The process of food processing include; grinding, and crushing, and macerating, and blending, and emulsification, and liquefaction, mincing, and cooking, as in the case of boiling, and frying, and grilling, and picking, and preservation, and canning and/or jarring.  Food processing involved so many methods anywhere.

Food items are really processed from their raw form into more eatable form or marketable form, I want to cite another instance here, like picking of beans, grinding of beans into power to be used for beans cake, and also for moi moi, frying of garri and packaging of same, another one is the packaging and the preservation of vegetable for the purpose of exporting them among other things.

Food processing business opportunity is a lucrative business opportunity, so how do you start food processing business in Nigeria. Let us consider this!

How to start food processing business:  

The first thing you do is to decide on which area of food are processing, or you are intended to go into for, because when we talk about food processing and packaging, it is broad in spectrum. These include;

  • Beans powder and packaging
  • Dry pepper powder and packaging
  • Vegetable processing and packaging
  • Fruit processing and packaging
  • Beans picking and packaging
  • Corn powder and packaging
  • Garri processing and packaging
  • Cassava flour and starch processing and packaging
  • Crayfish packaging
  • And cashew nut processing and packaging

Read also:15 Tips to Start Rice Fish Farming in Nigeria

Food Processing Industry

There is a good number of other food processing and packaging business opportunities you can venture into, but all the same, you can simply decide from the above which one is convenient to you and begin with that, once your start-up capital, that is, cash at hand matches the starting up expenses.

Food Processing Industry

Go for relevant knowledge:

You should not forget that we are living in the information age, and you cannot go beyond the information at your disposal, as a business person, so you have to seek for information, what will take you to succeed in food processing and packaging business opportunity.

Learn about the process and the procedure, engage in research finding to discover the ‘know-how’, the relevant knowledge about the business; how would your business plan look like?

You have to develop it, and possibly set up a structure of your business.  Go to symposium, go for seminars, for workshops, and get yourself training on the basis of your business.

Seek advice from experts, and gain insight, be exposed, and I bet you, you will be a top-notch as far as processing and packaging business in concerned.

Food Processing Industry

Financial implication for starting food processing business:

The amount of money you need to start your food processing and packaging business will directly be proportional to the scale of the business, and the actual amount of money you have at hand, this is so important.

You need machineries, food processing machines that are either fabricated locally or imported from China.

Whichever way, the financial plan or the amount of money you will need to start up a small scale food processing business will be between eight hundred thousand naira to about two million, five hundred thousand naira at least for s start, and with this amount of money, you are well off to start your food processing and packaging business, but remember to seek the services of those professionals who are well vested in the technology of food processing to help set up you factory.

Get your company registered:

If you are going to start your food processing and packaging business in Nigeria, and run it as a business or a company, you ought to register your company name with the relevant authority.

What are the opportunities available in food processing business?

So many opportunities abound in food processing and packaging business, but you should ensure that, you process your foods, package them with  your company name, and be confident that your products are label in line with the global standard, and you will discover that these multi-national organizations like five star Hotels, Breweries, Coca-cola, and most oil companies will frequently patronize you, and you can also supply to other commercial business outlets such as supermarkets, shopping malls, and those other individuals, who are in exportation business. And from these places mentioned, you can get your customers

One of the questions that sometimes, crosses my mind is that, to what extent has Nigeria, as a nation taped into food processing and packaging business, there is need however, for this area to be discovered by Nigerian business men, and some set of investors, whose desires where to have a fresh opportunity.

Food processing and packaging is purely business opportunity in food processing industry in Nigeria. It has been the desire of Nigerian government to create job opportunities to its citizenry, one of the areas of emphasis was in the area of food processing industry in Nigeria.

What makes food processing a business opportunity in Nigeria?

Food processing and packaging have been seen as one of the business opportunities in Nigeria. The Nigerian government is however, willing to support every Nigerian, and encourage those, who showed interest in food processing and packaging.

This approach is likely going to create jobs, and as well lessen the challenge of unemployment among Nigerian youths in particular, especially graduates, and those who perhaps, have ventured into this business opportunity are likely to receive support through loan facilities so as to expand their business.

However, before we continue let us take a look at what food processing is.

The meaning of food processing

Food processing is the conversion of natural ingredients or raw materials either through chemical or physical method into other type of food or other type of products from the original food item.

It is the procedure employed in value chain process, where food is processed to a different form, either for food consumption, like in the case, where cassava is processed into garri or for industrial use, like in the case, where the same cassava is processed into alcohol.

In food processing, raw food items are merged to produce food products that can be marketed, and this processed food can be simply prepared into something edible (food) by the end users for consumption purposes.

The process of food processing include; grinding, and crushing, and macerating, and blending, and emulsification, and liquefaction, mincing, and cooking, as in the case of boiling, and frying, and grilling, and picking, and preservation, and canning and/or jarring. Food processing involved so many methods anywhere.

Food items are really processed from their raw form into more eatable form or marketable form, I want to cite another instance here, like picking of beans, grinding of beans into power to be used for beans cake, and also for moi moi, frying of garri and packaging of same, another one is the packaging and the preservation of vegetable for the purpose of exporting them among other things. Food processing business opportunity is a lucrative business opportunity, so how do you start food processing business in Nigeria. Let us consider this!

How to start food processing business:  

The first thing you do is to decide on which area of food are processing, or you are intended to go into for, because when we talk about food processing and packaging, it is broad in spectrum. These include;

  • Beans powder and packaging
  • Dry pepper powder and packaging
  • Vegetable processing and packaging
  • Fruit processing and packaging
  • Beans picking and packaging
  • Corn powder and packaging
  • Garri processing and packaging
  • Cassava flour and starch processing and packaging
  • Crayfish packaging
  • And cashew nut processing and packaging

 

There is a good number of other food processing and packaging business opportunities you can venture into, but all the same, you can simply decide from the above which one is convenient to you and begin with that, once your start-up capital, that is, cash at hand matches the starting up expenses.

Go for relevant knowledge:

You should not forget that we are living in the information age, and you cannot go beyond the information at your disposal, as a business person, so you have to seek for information, what will take you to succeed in food processing and packaging business opportunity.

Learn about the process and the procedure, engage in research finding to discover the ‘know-how’, the relevant knowledge about the business; how would your business plan look like?

You have to develop it, and possibly set up a structure of your business. Go to symposium, go for seminars, for workshops, and get yourself training on the basis of your business.

Seek advice from experts, and gain insight, be exposed, and I bet you, you will be a top-notch as far as processing and packaging business in concerned

Financial implication for starting food processing business:

The amount of money you need to start your food processing and packaging business will directly be proportional to the scale of the business, and the actual amount of money you have at hand, this is so important. You need machineries, food processing machines that are either fabricated locally or imported from China.

Whichever way, the financial plan or the amount of money you will need to start up a small scale food processing business will be between eight hundred thousand naira to about two million, five hundred thousand naira at least for s start, and with this amount of money, you are well off to start your food processing and packaging business, but remember to seek the services of those professionals who are well vested in the technology of food processing to help set up you factory.

Get your company registered:

If you are going to start your food processing and packaging business in Nigeria, and run it as a business or a company, you ought to register your company name with the relevant authority.

What are the opportunities available in food processing business?

So many opportunities abound in food processing and packaging business, but you should ensure that, you process your foods, package them with  your company name, and be confident that your products are label in line with the global standard, and you will discover that these multi-national organizations like five star Hotels, Breweries, Coca-cola, and most oil companies will frequently patronize you, and you can also supply to other commercial business outlets such as supermarkets, shopping malls, and those other individuals, who are in exportation business. And from these places mentioned, you can get your customers

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