Cassava (Manihot spp) is a tropical perennial crop cultivated mainly for its edible root, is a staple food consumed worldwide and provides much economic benefit to the producers. Cassava can be processed in a variety of ways to arrive at different products including as gari, fufu, lafun, starch, chips and pellets, etc.
Food processing sub-sector possesses has the greatest potential for growth in Nigeria. Growth rate of more than 9% is envisaged looking at growing urbanization, population explosion and changing food consumption pattern among Nigerians for natural foods and products. This has inevitably increased daily consumption of cassava and its derivatives.
Cassava Chips are non-fermented cylindrically shaped products of about 3-5mm in diameter obtained from freshly harvested Cassava roots. They are now gaining prominence in Nigeria and all over the world as viable ingredient for compounding animal feeds for pigs, dairy cattle, poultry, fish etc. They are accepted because cassava is just like feed grains which consist almost entirely of starch and easy to digest. Many feeding experiments have shown that cassava provides good quality carbohydrates which may be substituted for maize or barley. It cannot be used as sole feed stuff because of its deficiency in protein and vitamins; it must therefore be supplemented by other feeds that are rich in these elements. Cassava chips are also widely used for the production of ethanol which is gaining much currency as bio-fuel because of its safer and more ecological friendly qualities.
Cassava Chips is the most common form in which dried cassava roots are marketed and most exporting countries produce them. The chips are dried irregular slices of roots, which vary in size but should not exceed 5 cm in length so that they can be stored in silos.
This cassava chips project involves starting a small scale cassava chips manufacturing factory in any big city of Nigeria which will produce premium quality cassava chips to be sold in the local market, competing with a few existing brands. The factory will be equipped with modern automated machinery for all the processes in order to ensure the quality of the final products.
The SWOT analysis showed that the opportunities of the business outweigh the challenges and was concluded that cassava chip production idea is healthy and feasible in Nigeria
Food processing sub-sector possesses has the greatest potential for growth in Nigeria. Growth rate of more than 9% is envisaged looking at growing urbanization, population explosion and changing food consumption pattern among Nigerians for natural foods and products. This has inevitably increased daily consumption of cassava and its derivatives.
Cassava Chips are non-fermented cylindrically shaped products of about 3-5mm in diameter obtained from freshly harvested Cassava roots. They are now gaining prominence in Nigeria and all over the world as viable ingredient for compounding animal feeds for pigs, dairy cattle, poultry, fish etc. They are accepted because cassava is just like feed grains which consist almost entirely of starch and easy to digest. Many feeding experiments have shown that cassava provides good quality carbohydrates which may be substituted for maize or barley. It cannot be used as sole feed stuff because of its deficiency in protein and vitamins; it must therefore be supplemented by other feeds that are rich in these elements. Cassava chips are also widely used for the production of ethanol which is gaining much currency as bio-fuel because of its safer and more ecological friendly qualities.
Cassava Chips is the most common form in which dried cassava roots are marketed and most exporting countries produce them. The chips are dried irregular slices of roots, which vary in size but should not exceed 5 cm in length so that they can be stored in silos.
This cassava chips project involves starting a small scale cassava chips manufacturing factory in any big city of Nigeria which will produce premium quality cassava chips to be sold in the local market, competing with a few existing brands. The factory will be equipped with modern automated machinery for all the processes in order to ensure the quality of the final products.
The SWOT analysis showed that the opportunities of the business outweigh the challenges and was concluded that cassava chip production idea is healthy and feasible in Nigeria
1. Introduction
* 1.1 Background of the Study
* 1.2 Problem Statement
* 1.3 Objectives of the Study
* 1.4 Scope of the Study
2. Market Analysis
* 2.1 Cassava Market in Nigeria
* 2.1.1 Production Statistics and Trends
* 2.1.2 Cassava Utilization Patterns
* 2.2 Market for Cassava Chips
* 2.2.1 Types and Applications of Cassava Chips
* 2.2.2 Target Market Segments (Industrial Users, Export Market)
* 2.2.3 Market Size and Growth Potential
* 2.3 Competitive Landscape
* 2.3.1 Existing Cassava Chips Producers
* 2.3.2 Competitive Analysis (Strengths, Weaknesses, Opportunities, Threats - SWOT)
3. Technical Aspects
* 3.1 Production Process
* 3.1.1 Raw Material Selection and Sourcing
* 3.1.2 Cassava Peeling and Washing
* 3.1.3 Cassava Chipping
* 3.1.4 Drying Methods (Solar Drying, Mechanical Drying)
* 3.1.5 Quality Control Procedures
* 3.2 Plant and Machinery Requirements
* 3.2.1 List of Equipment and Specifications
* 3.2.2 Capacity Planning and Production Timeline
* 3.3 Raw Material Sourcing and Management
* 3.3.1 Sourcing Strategies (Direct Purchasing, Outgrower Schemes)
* 3.3.2 Storage and Inventory Management
4. Management Plan
* 4.1 Organizational Structure
* 4.1.1 Key Management Personnel and Roles
* 4.1.2 Staffing Requirements and Recruitment Plan
* 4.2 Operational Management
* 4.2.1 Production Planning and Scheduling
* 4.2.2 Quality Control and Assurance Procedures
* 4.2.3 Health, Safety, and Environmental Considerations
5. Marketing and Sales Strategy
* 5.1 Product Positioning and Branding
* 5.2 Pricing Strategy
* 5.3 Sales and Distribution Channels
* 5.3.1 Domestic Market Channels (Wholesalers, Distributors)
* 5.3.2 Export Market Strategies (Trade Shows, International Partnerships)
* 5.4 Marketing and Promotion Activities
6. Financial Analysis
* 6.1 Project Cost Estimates
* 6.1.1 Capital Expenditure (Land, Equipment, Working Capital)
* 6.1.2 Operational Costs (Raw Materials, Labor, Utilities)
* 6.2 Revenue Projections
* 6.2.1 Sales Volume Forecasts
* 6.2.2 Projected Revenue Based on Sales Price
* 6.3 Profitability Analysis
* 6.3.1 Break-Even Analysis
* 6.3.2 Discounted Cash Flow (DCF) Analysis
* 6.3.3 Internal Rate of Return (IRR) and Payback Period
* 6.4 Financial Risk Assessment
7. Risk Management Plan
* 7.1 Identification of Potential Risks
* 7.1.1 Market Fluctuations (Prices, Supply Chain Disruptions)
* 7.1.2 Raw Material Shortage or Quality Issues
* 7.1.3 Operational Challenges (Equipment Breakdown, Production Delays)
* 7.1.4 Regulatory Changes or Trade Policies
* 7.2 Risk Mitigation Strategies
8. Conclusion and Recommendations
* 8.1 Summary of Findings and Feasibility Assessment
* 8.2 Recommendations for Project Implementation
9. Appendix
* 9.1 References
* 9.2 Supporting Data and Assumptions (Market Research Reports, Financial Spreadsheets)
$100 ( N150,000)
Get your conditional loan offer: admin@fundxperts.com
Contact: admin@fundxperts.com