Coconut oil production business plan in Nigeria; if you are looking for a profitable business venture to go into in Nigeria, then you are looking at one right now because the Coconut oil production business in Nigeria is one of the most lucrative businesses to go into in Nigeria. This is so because Nigeria B’s a growing population and from recent research, the business will sure be a success. For those who wants to go into this business, there are two major ways it can happen. It is either you start a small scale or large scale coconut oil production. It should be noted that starting the small scale coconut oil production business is quite less capital intensive and can be easily managed but for large scale coconut oil production the use of machine will be very very needful and necessary so as to aid your production process in large quantities.
For those who are contemplating on starting the business, understand that the Coconut oil production can be home made which means it can be produced from the comfort of your home, while it can also be factory made, which means you can produce it fr a factory with machines. However if you intend to do this business in a big way, it will be advisable that you start out well with all the necessary information and equipment that are needed to run the coconut oil production business in Nigeria.
The rich benefits of coconut oil which is very known in Nigeria is one of the very reasons why this business is a very lucrative business to venture into in Nigeria. One cannot overestimate the medicinal role the coconut oil plays on our hair and skin. According to research, you are likely to find Coconut oil in almost every home in Nigeria because there is a huge the importance of it.
Do you know that both Cosmetics companies and beauty salons use coconut oil as part of their main ingredients as skin and hair treatment? Furthermore, it’s usually combined with some other material to get a specific solution to apply on the hair or on the skin to improve it’s growth and smoothing the body respectively. Now you understand how important the coconut oil is very much in high need in our daily lives. The beautiful thing about this about coconut oil for business men like you and I is that, the coconut oil are very expensive. One litre of coconut oil goes for about 5k or as high as five thousand naira. Now pulse for a minute, imagine you producing tons of coconut oil every week in your company, imagine how much you could be making b just selling a litre or rather other smaller containers.
Hurry now, get our comprehensive Coconut Oil Production Business Plan in Nigeria and Feasibility Study. To place an order, pay N10,000 to
GTBank (Guaranty Trust Bank)
Account Name – Ogumka Innocent
Account No – 0153723721
After paying for your Coconut Oil production Business Plan, send your email and payment details to 07017130778 and in less than 4 minutes, you will get the business plan in your email.
You reach us via our WhatsApp number 07041813286 or email address @ tradewithchapatti@gmail.com.
Coconut Oil Production Feasibility Study
According to a feasibility study, the export volume of coconut oil between 2019 – 2020, was estimated at 6.35 million metric tons and in the following year, Nigeria produced over 300,000 metric tons out of the 3.46 million metric tons that was exported to other countries. Obviously, the coconut oil production business market, is enjoying steady growth year in and year out. The demand for coconut oil in is indeed high not not just in Nigeria but the world at large because of the awareness of its health benefits.
The high demand for coconut oil has caused many entrepreneurs to take advantage of this market and as a result, have already been supplying and ensuring that there is a constant flow of coconut oil still the demand for coconut oil is still higher than the supplies which why other smart Nigerians are venturing in the line of business.
We all should by now understand how Coconut oil is gotten. It is a consumable oil that is extracted from the meat or kernel of matured coconuts that are harvested from matured coconut palm tree. According to research work by experts, Coconut oil is resistant to rancid and it has a high saturated fat in it. Coconut oil is slow to oxidise and can last up to six months at a temperature of 24 degree Celsius.
For those who are thinking of starting a coconut oil production business in Nigeria, then you are on the right business. What we know is that the cost starting a coconut oil production and the risk involved in this line of business is not on the high aide when compared to other businesses in the country.
However, you don’t want to jump into any line of business without conducting a thorough feasibility study of that business. Same it is with the coconut oil production business plan in Nigeria. Before you go into this line of business, there is need to conduct a feasibility study to know what to expect. Do not start without having a comprehensive business plan because a business plan is like a road map that would help you know all the necessary steps to take to grow then business.
Types of Coconut Oil
We have several types of coconut oil worldwide but we won’t be discussing all of them here but we will discuss the most prevalent ones and these l are the most common ones we have and they are Virgin coconut oil (vco), Pure coconut oil (Poc) Fractionalized coconut oil, (Fco) and Red bleached de-oxidised.
Virgin Coconut Oil – The fresh coconut meat which is also known as the copra is used when extracting the coconut oil. There is a mechanical way by which this extraction is done. When using this process, ensure you avoid high heat so that all the nutritional values will adequately be preserved. The kernel is crushed and the screen press is applied to extract the oil.
When crushing the coconut kernel, there are different ways to achieve it. We have the wet method and also the dry method. The wet method produces less oil while the dry method produce more however the difference is not that much. The wet process will require more energy than the dry process before you can extract the oil from the coconut.
Virgin coconut oil according to research do enhance human immunity and this is one of the special things about virgin coconut oil. According to experts, virgin coconut oil protects the skin against germs. The oil is useful when cooking because it contains vitamin, anti oxidation properties and several minerals.
Hurry now, get our comprehensive Coconut Oil Production Business Plan in Nigeria and Feasibility Study. To place an order, pay N10,000 to
GTBank (Guaranty Trust Bank)
Account Name – Ogumka Innocent
Account No – 0153723721
After paying for your Coconut Oil production Business Plan, send your email and payment details to 07017130778 and in less than 4 minutes, you will get the business plan in your email.
You reach us via our WhatsApp number 07041813286 email address @ tradewithchapatti@gmail.com.
Pure coconut oil – Because of the process it goes through to be extracted, this type of coconut oil has short shelf live span. It is made from the copra which is also called the meat that has been exposed to impurities like mold. There are other ways it can be done which is through solar, kiln, smoke drying to reduce the impurities. Filtration method is used to refine the oil.
Fractionalised Coconut oil – Here a little percentage of the oil undergoes hydrolysis after extraction when water is added to it.
Red bleached De-Oxidised – Chemical solvent and heat are added to the so as to eliminate the impurities, smell and taste. Once it’s refined it has more nutritional value than the virgin coconut oil. It is processed by using haxane as a solvent to extract the oil. The importance oil gotten through this process is ten times more than those gotten from expellers and Millers.
Benefits of Coconut Oil
There are lots of benefits of coconut oil which include nutritional benefits, health benefits, economic benefits. Part of the health benefits is the presence of fatty acids which protect the skin again germs, below are some of the skin benefits of coconut oil
It controls ageing and reduces wrinkles
Treats eczema and soothes dryness
Soothes irritation from rash and serves as a deep conditioner
It serves as a body moisturizer
It can help to clean the face and also to remove eye makeup.
It contains natural antioxidants and nutrients like vitamin K, E and iron.
It prevents breakage of hair and fights infections due to the presence of anti fungal antioxidants, antibacterial, antibacterial and antiviral properties.
The benefits of coconut oil is endless, the list goes on and on.
Challenges of coconut oil production
Here is a list of challenges associated with coconut oil production in Nigeria
Lack of experience
Poorly managed supply chain
Lack of finance
High cost of Production.
When processing coconut oil, there are different ways to make it happen and it can be through industrial process which involves the following;
Pretreatment of coconut, extraction of oil and refining the oil. All of these are done through the help of the machines involved in the production process. There are also different sections in the machine, which moves from one particular stage to the other until it gets to the finish product. We have the crushing section, cooking and roasting section, then, the pre press section, then the final press section. From there it goes to the coconut cake receiver, from there to the crude oil filter section, then the degumming section to the deacidification section, from there to the decolorization section then to the deodorizing section and to the last but not the least the final processed oil.
Marketing
The demand for coconut oil as it where, is on the increase on a daily basis not just in Nigeria but around the world globally. This means that you can be a Producer of coconut oil for Local consumption where you can be distributing to different cities and states in the country and also produce for export sake. You can supply to pharmaceutical industries, cosmetics industries and food companies. You can also supply to market women, supermarkets, homes and individual, there several wholesalers and retailers tat would want to buy from you.
One of the reasons why getting a business plan is crucial and vital for the business so that you would get to know more about the sales and marketing strategies to employ. because your marketing strategies has to be good.
For the complete coconut oil production business plan in Nigeria, Hurry now, get our comprehensive Coconut Oil Production Business Plan in Nigeria and Feasibility Study. To place an order, pay N10,000 to GTBank (Guaranty Trust Bank)
Account Name – Ogumka Innocent
Account No – 0153723721
After paying for your Coconut Oil production Business Plan, send your email and payment details to 07017130778 and in less than 4 minutes, you will get the business plan in your email.
You reach us via our WhatsApp number 07041813286 email address @ tradewithchapatti@gmail.com.
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