Frozen food business refers to the preservation of livestock foof such as beef, fish, turkey etc in a refrigerator in other to keep it fresh for consumption on a later date.
It is very important to sort out where your source of supply will come from before you begin the business. Most dealer get their supplies for cold room situated around their area of business. The investor would also need generator, deep freezers, scales, cutlass, knifes, cutting table,Waste bin, apron,bucket, cutting plank, seat and sign board.
Frozen food can be divided into two namely fish and poultry
Fish: Croaker,Titus, Kote, Shawa, Agodo, Tilapia, Argentina etc
Poultry: Full turket lap, Chest, wing, Gizzard etc
The market for frozen food is national. The consumption of Frozen Chicken, Turkey and Fish in Nigeria is very high, especial in urban centers like Lagos, Kano, Portharcourt and Abuja etc
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 frozen food.
The market for frozen food in Nigeria increased at a compound annual rate of 4.2% between 2003 and 2008. Demand is usually high during festive period.
The price per carton for fish depends on the type. For a carton of N11,000 while the Titus variety goes for N6,800. Kote is 30kg while Titus is 20kg. A carton of turkey goes for N6,100 and sells for N6,500. A carton of chicken now goes for N4,500 and sells for N5,000 – N5,100.
In areas where there is demand for the product, the dealer can sell as much as 18 cartons of fish, 12 cartons of turkey and 12 cartons of chicken weekly.
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