BusinessHABPlantain Flour Production Business Plantain Flour Production Business: Today, I will be talking on how to start plantain flour production business. But then, How really lucrative is Plantain Flour Production Business?
Plantain is a noble food found in numerous locations all over Nigeria and sub-Saharan Africa. Plantain has been grown and processed profitably in Nigeria.
The production of plantain as appeared from research is more than 70 million metric tons for each year. In spite of this figure, we are still hard to come by meaning that demand is more than supply.
Plantain flour can either be utilized for local consumption or as raw material by other processing producers.
Read on: Best Machine for kitchen Use in Nigeria
Plantain Flour Production Business
For instance, plantain can be processed into chips or flour and sold locally or far abroad.
Plantain flour on account of its esteem has now turned into a mainstream food today. It is demanded in both neighborhood and remote market.
In Nigeria, the likely national annual demand for plantain flour has been estimated at 200,000 Tons/Annum.
The present supply level is most likely under 20% of the estimated demand. just a couple of organizations produce on mechanized and commercial scale.
The offices required for a little/medium scale plantain flour process include; drying machine, slicing.
Read also: 9 Steps to Start Maize Flour Production Business in Nigeria
Plantain Flour Production Business
1. drying machine, slicing/
2. slicing/chipping machine,
3. milling machine and
4. packaging machine.
The normal production cost per Kg of plantain flour is N236.
The normal retail cost per Kg of good quality plantain flour is N330 per Kg.
See also: How to Start Mobile Solar Panel Kit Business in Nigeria( 16 tips)
Plantain Flour Production Business
Plantain is the undoubted main raw material for production of plantain flour, and of course, plantain is accessible al the year round in amounts for commercial use in many parts of Nigeria, for example, Imo, Enugu, Oyo, Osun, Ogun, Anambra, Bayelsa etc.
Nigeria is said to be the biggest producer of plantain in West Africa.
THE BUSINESS PROSPECTS IN THE PLANTAIN FLOUR BUSINESS IN NIGERIA
Plantain is a crop which may be cultivated and processed profitably in Nigeria. Study demonstrates that the production of plantain is more than 80 million metric tons for every year.
Regardless of this figure, demand still exceeds supply. That is the reason I need to put you through on what it takes to begin a plantain flour process with the goal that you can tap from this open door.
Plantain can either be utilized for household consumption or utilized as input by different producers. For instance, plantain can be processed into chips or flour and sold locally or far abroad.
Plantain flour has now turned into a well-known food today in both neighborhood and international market.
In Nigeria, the potential national demand for plantain flour has been estimated to be in abundance of 300,000 Tons/Annul.
Read on: 10 Best Ways to Start Door to door Portable Solar Panels Business in Nigeria
Plantain Flour Production Business
The present supply level is likely under 20% of the estimated demand with just couple of organizations producing on mechanized and commercial scale.
The office spaces needed for a little/medium scale plantain flour production mill include but not limited to spaces to accommodate the following machines: slicing/chipping machine, milling machine and packaging machine drying machine etc.
The normal production cost per Kg of plantain flour is N236, while the normal retail cost per Kg of good quality plantain flour is N330 per Kg.
Plantain is the significant raw material for plantain flour production, and it is accessible lasting through the year in commercial amounts in many parts of Nigeria. Nigeria is said to be the biggest producer of plantain in West Africa.
See also: Top 15 Ways to Fund Mini Flour Production Business
The processing line for plantain flour production Business is as per the following:
2. The sorted plantains are appropriately weighed to measure input of the raw plantain.
3. Blanching: The green plantain fruits are absorbed boiling point water for a few minutes to soften the skin for simple peeling.
4. Peeling: The plantain peels are evacuated physically using sharp blades to obtain the mash.
5. Slicing/Chipping: The mash is cut or chipped with the guide of a mechanical slicer.
6. Drying: The cut plantain is dried in a brief span with the guide of an industrial drying machine.
7. Milling: The dried plantain cuts/chips are processed in a sledge process.
8. Sieving: The flour is sieved to obtain the craving molecule estimate.
9. Packaging: The flour is packaged in dampness proof packaging material prepared available to be purchased.
See also: Tips to Start Wheat Flour Production Business
Presently, on the off chance that you work a plantain flour production business process that has the ability to handle 1tone of plantain flour for every day, and you actualize a decent and effective marketing technique, the following normal month to month figures are valid:
Plantain Flour Production Business
Production volume every month = 29tones (29000Kg)
Deals = N9, 570,000
Coordinate cost of offers = N6, 844,000
Random = N500,000
Profit every month = N2,226,000.
Plantain flour production business factory can function profitably anyplace in Nigeria. The start-up cost at a little scale is around N6,000,000.
This will take care of the expense of obtainment of land, processing plant construction, furniture, vehicle and acquisition/installation of machinery.
Related: 8 Tips to Start High Nutritional Flour Production Business
PROFIT MARGIN IN PLANTAIN FLOUR PRODUCTION BUSINESS
Plantain flour has now turned into a prevalent food today in both nearby and international market. In Nigeria, the potential national demand for plantain flour has been estimated to be in overabundance of 300,000 Tons/Annum.
The present supply level is most likely under 20% of the estimated demand with just couple of organizations producing on mechanized and commercial scale
With the recently introduced credit loan by the Central Bank of Nigeria (CBN) for the productive area, investors can always access credit to execute this project. Point by point feasibility study and an elegantly composed business plan is very pre-essential to get to such reserve.
The normal production cost per Kg of plantain flour is N236, while the normal retail cost per Kg of good quality plantain flour is N330 per Kg.
With the milling limit of the machinery referenced in this article, a month to month profit of N2, 226,000 is feasible, which means a yearly profit of N26, 712, 000.
See also: How to start yam flour production business
Plantain Flour Production Business: Conclusion
Another secret cash machine that people tend to ignore is plantain farming in Nigeria and we need to take a look about how it functions.
Plantain is very easy to cultivate and maintain unlike other cash crops that requires so much time and money to maintain.
This is a low capital agribusiness and practically every Nigerian soil is useful for plantain plantation as experience has appeared. Therefore, in the event that you have any land with loamy soil, you can begin plantain farming on it and begin harvesting cash now.
Plantain is a staple food that is very famous in the tropical regions. It is the tenth most important foot staple that feed people of all race the world over. Plantain is treated just like potatoes and of course, it comes with comparable common flavor as well as texture when the unripe fruit is cooked by either steaming, boiling or frying.
See also: 9 Tips to start Plantain Flour Production Business
Plantain fruits throughout the entire year, which makes the crop a more reliable all-season staple food, especially in developing countries like Nigeria with inadequate food storage, preservation technology and transportation.
Drop your remark or inquiries for elucidations, more info and specialized help. Remain favored.
If you need a complete business plan, please let us know. Or, you want us to help you set up this business, kindly contact us.
I know you would also want to check out these other business ideas
BusinessHAB
9 comments
How can someone contact you?
Thank you
Thanks, please what ever is the problem, try and channel them to this email: idongesitpossible@gmail.com,there will be a good reply…
Hello, Please all i have is a one and a half acres of land. Is this land space big enough to start a plantain farm on a large scale?
Thanks
Thank you so much for this write up. I want to go into plantain flour production on a medium scale this 2022. how do i do my financials. Am putting in for a grant this 2021. Thank you
Sometimes it’s a good idea to keep a checklist handy to remind yourself of the basic steps you need to take on a regular basis businesshab.com is right here for you. And through this businesshab.com you can also check other Business tips.
Thank you for this write up. I would like to have a complete business plan for Plantain flour production and plantain farming. Thank you.
Thanks, consider it done, kindly read on 17 Ways on How to Fix your Fallen Dough
This is very informative on the opportunity that exist in this food crop called plantain. Engagement in any of the value chain requires little capital and profitable. I am seriously considering venturing into the plantain business. Many thanks for providing this information and guide about plantain production and processing.
Thanks so much. Read on Top 26 Janitorial Business Tips