Cassava (Manihot esculenta) is extensively cultivated as an annual crop in tropical and subtropical regions for its edible starchy tuberous root, a major source of carbohydrates.
Apart from being a staple crop in both rural and urban house-holds in Nigeria, cassava is a major source of income to cassava farmers and processors in the rural areas.
Nigeria is currently the world leading producer of cassava, producing about forty million {40,000,000} MT per annum and cassava alone contributes about 5 % of agricultural GDP in Nigeria for food or domestic purposes but its industrial processing and utilization has been very limited.
Cassava is grown in virtually all the thirty –six states in Nigeria and the country has been rated as the highest producer of the commodity in the world.
Inputs required for Cassava cultivation are land, improved stem, pesticides, herbicides etc. As part of efforts to encourage agricultural production in Nigeria, land can be leased for between N 5,000 – N 7,000 per hectare. The land would be have to prepared for cassava cultivation and when properly managed along with the use of improved stem the, the farm land can yield between 20-25 tons per hectare and even more.
The price for cassava tuber is based on their cassava starch and they range between N 20,000- N 25,000 per ton.
The market for cassava bye – products is national. With a population of over one hundred and fifty {165,000,000} 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 cassava bye-products..
The estimated national demand for the various cassava bye-products and their current supply level is given below
Product National Demand National Supply
Cassava Flour 700,000 MT 500,000 MT
Cassava Starch 350,000 Less than 25% of national demand
Garri 1,000,000 MT 250,000 MT
From the above figures, it is clear that there is a large and sustainable market for cassava bye – product hence cassava tubers in Nigeria.
————————————————————————————————————————————————————
365 Campaigner is a complete suite of social collaboration, communication and management tools for your team.
From List building solution to event announcement and CRM, 365 Campaigner provides everything you need to boost sales, step up productivity and manage all day-to-day activities. Tightly integrated.
365 Campaign is the one stop shop for digital marketing solutions for businesses, politicians, religious organizations and individuals. Visit www.365campaigner.com for more information.
————————————————————————————————————————————————————–
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 cassava farming in Nigeria by clicking on the link below.
Report Title: HOW TO ESTABLISH AND RUN CASSAVA FARM PLANTATION IN NIGERIA {ONE HUNDRED HECTARE}, THE FEASIBILITY REPORT.
Report Code: FORA/2014/CASSAVACULTIVATIONIGERIA/443680001
Do you require one- on- one consultancy on the subject matter? Contact us with any of the details provided below to arrange a meeting
Office Phone Number: 01- 295 24 13 {Monday – Saturday; 8 am – 5 pm}
Mobile Number: +234 {0} 8033782777 / + 234 (0) 908 335 7733 {Monday – Saturday; 8 am – 6 pm}
E-Mail Address: enquiries@foramfera.com
CC: foraminiferamarketresearch@yahoo.com
Office Address:
61-65 Egbe- Isolo Road,
Iyana Ejigbo Shopping Arcade,
Block C, Suite 39,
Iyana Ejigbo Bus Stop,
Ejigbo, Lagos.