Description

West Africa accounts for 90-95% of world yam production with Nigeria the largest single producer. In 2004, global yam production was about 47 million metric tons (MT) with 96% of this coming from Africa.

Nigeria alone accounts for about 70 percent of world production .It is the second most important root/tuber crop in Africa with production reaching just under one third the level of cassava.

One major achievement of the present civilian administration in Nigeria in the past twelve (12) years has been the revival of the growth of the middle class which has been witnessed in the country.

These growths continues to drive the increasing social and health awareness of the need for hygienically well packaged and prepared foods required for ease of preparation and good quality living standard of people.

These coupled with the geometrically exploding population and the continued rural-urban drift continues to fuel the demand for well packaged food stuffs especially poundo yam, a staple food in the country.

With a production capacity of 3 tonnes per day.

The market for instant pounded yam flour is National. With a population of over 160 million people, estimated national population growth rate of 5.7% per annum and an average economic growth rate of 3.5 % in the past five {5} years, Nigeria has a large ,expanding and sustainable market for instant pounded yam flour.

There is high demand for instant pounded yam flour in both the domestic and international markets. In the international market, a large market exists in Europe and America where a good number of Nigerians reside.

The national demand for instant pounded yam flour is estimated at 165,000 tons per annum while the current supply level is less than 25% of the demand estimate.

It consumption cuts across every strata of the society both the rich and poor.