Cassava alone contributes about 45% of agricultural GDP in Nigeria for food or domestic purposes but its industrial processing and utilization has been very limited.
Currently, the country produces about 40,000,000 tons of the cassava tubers annually and due to the desire of the federal government to reduce import dependency and conserve of scare foreign exchange, there is national programme aimed at increasing the production of cassava starch as an alternative to corn starch.
Starch is the major constituent of the cassava plant. Its thickening and binding qualities makes it useful in convenience foods and baby foods. Starch makes good adhesives. Dextrin is a modified starch with quality adhesive properties.
Market findings revealed that the product has a lot of industrial applications. It could be used as food in the preparation of bread, macro, custard, sauce, snacks and Ogi. The industrial uses include application in textiles, bookbinding, glue making paperboard, batteries, and cosmetics, paint soap making.
Textile companies, in weaving, spinning, dye works, paperboards, dressing paints, leather adhesives, paste stamps and carpets, also use starch. It can also be used in artificial honey making, fruit juices, sweets, beer, canned fruit, and confections and in pharmaceutical industries. The product could be exported or consumed local by individuals and industries.
This report seeks to examine the financial viability or otherwise of establishing cassava starch production in Nigeria using cassava tubers as basic raw material.
Report Type: Pre- Feasibility Report
Formats of Delivery: PDF / MS WORD
No. of Pages: 38 Pages
Publisher: Foraminifera Market Research
Release Date: 30/08/2015
Delivery time: 24– 48hours
Table of Contents:
1.0 Business Overview
1.1 Description of the Business
1.2 Vision and Mission Statement
1.3 Business Objective
1.4 Critical Success Factor of the Business
1.5 Current Status of Business
1.6 Description of the Business Industry
1.7 Contribution to Local and National Economy
2. Marketing Plan
2.1 Description of product
2.2 Product Packaging and delivery
2.3 The Opportunity
2.4 Pricing Strategy
2.5 Target Market
2.6 Distribution and Delivery Strategy
2.7 Promotional Strategy
3. Production Plan
3.1 Description of the Location
3.2 Raw Materials
3.3 Production Equipment
3.4 Production Process
3.5 Production Cost
3.6 Stock Control Process
3.7 Pre-Operating activities and expenses
3.7.1 Operating Activities and Expenses
3.8 Project Implementation Schedule
4.0 Organizational and Management Plan
4.1 Ownership of the business
4.2 Profile of the promoters
4.3 Key Management Staff
4.3.2 Management Support Units
4.4 Details of salary schedule
5. Financial Plan
5.1 Financial Assumption
5.2 Start up Capital Estimation
5.3 Source of Capital
5.4 Security of Loan
5.5 Loan Repayment Plan
5.6 Profit and Loss Account
5.7 Cash Flow Analysis
5.7 Viability Analysis
6.0 Business Risk and mitigation factor
6.1 Business Risks
6.2 SWOT Analysis
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