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SOYA BEANS OIL PRODUCTION IN NIGERIA; HOW VIABLE?
Nigeria presently produces about 500,000 MT of Soybean annually making it the largest producer of the product on the African continent. Soybean is a legume which is produced in most the middle belt of the country with Benue state accounting for about 45% of the total production in country.
In Nigeria, soya beans are mostly produced in the middle belt with benue state accounting for over 70% of the production in Nigeria. Some of the states producing soya beans in Nigeria include Kwara, Kogi, Oyo, Ondo, Osun, Nassarawa, Kaduna, Niger, Bauchi, Ogun, and Taraba states. Other states are Adamawa, Abia, Enugu, Anambra, Jigawa, Lagos, Plateau, Ekiti and the Federal Capital Territory.
Soybeans are an important source of high quality and inexpensive protein and oil. With an average protein content of 40% and oil content of 20%, soybean has the highest protein content of all food crops and is second only to groundnut in terms of oil content amongst food legumes. Soybeans are used in the production of milk, edible oil and animal feed.
Soybean oil is a vegetable oil extracted from the seeds of the soybean with soya beans cake as a bye product.Although soya oil is wholly for human consumption, the cake is mainly used as animal feed It is one of the most widely consumed cooking oils. As a drying oil, processed soybean oil is also used as a base for printing inks (soy ink) and oil paints.95 per cent of the oil is consumed as edible oil; while the balance serves as industrial raw materials in the production of paint, varnish, linoleum, and rubber fabrics, cosmetics including soaps, creams, and massage oils, etc. It also readily finds application in the production of biodiesel.
The production process of vegetable oil from soya beans seed is given below
Seed and Nut Preparation
The sesame seed are properly selected, cleaned and weighed appropriately.
Expelling
The oil is expelled from the seed using a mechanical oil expeller
Filtration
The extracted oil is filtered to remove suspended particles using a filter press.
Mixing
All the additives {Antioxidants, foaming agents} are thoroughly mixed.
Filling
The filtered oil is filled into 1 Litre plastic containers.
Labeling
The filled containers are labeled for proper identification.
Cartooning
The bottled oils are cartooned in cartoons of 12 bottles.
The market for vegetable oil and soya beans cake is national. With a population of over 165 million people and an estimated national population growth rate of 5.7% per annum ,an average economic growth rate of 3.5% per annum in the past five {5} years, Nigeria has a large market for edible oil.
The demand is high but local supply low hence the need for importation in the past. Industry data suggest that Nigerian consumers use more than one million {1,000,000} tones of vegetable oil annually.
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At Foraminifera Market Research {www.foramfera.com}, we provide bespoke and up to date market research reports for start-ups and those already in business.
Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies.
You can order our detailed feasibility report on the production of soya bean oil in Nigeria by clicking on the link below.
Report Title: VEGETABLE OIL PRODUCTION FROM SOYA BEANS SEED;THE FEASIBILITY REPORT.
Report Code: FORA/SOYAOIL/FMR/3647213
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HUMAN DEVELOPMENT PROGRAMMES AND TRAINING OPPORTUNITY IN NIGERIA
Our human development training programmes are designed to assist our client set-up their respective business on a sound footing.
The training cuts across different segment of the economy to include Agriculture, Export and Import, Food and Beverage, Manufacturing, Mining and Quarry, Oil and Gas, Retail Industry, Telecommunication, Tourism and Transportation and are facilitated by seasoned professionals in their respective fields.
Please do visit the link below to access available training programmes
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We prepare business plan, feasibility study and market report for the small and medium scale industries and develop the entrepreneurial capacity of our client with the aim of providing the much needed business data in Nigeria.
In keeping with our vision of providing services that adds value to our clients business and resources to develop their business into a strong and visible global brand, we would like to introduce to you to our sister websites
www.nigeriaoilandgasportal.com {The one stop for the oil and gas industry in Nigeria}
www.nigeriabusinessplace.com {Online Business Forum}
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