Post by Trade facilitator on Aug 21, 2020 13:11:40 GMT 1
Cassava is exported in three forms: as a human food, as a starch, and as an animal feed ingredient. In this post, we shall concentrate on human food, exporting cassava flour. Most businessmen and investors do not see the untapped investment opportunities in exporting cassava flour, even as Nigeria is one of the leading cassava producers, producing thousands of tons annually.
Product Description
Cassava flour is cassava tuber, simply peeled, dried, ground and packaged. Cassava tubers are processed into cassava flour.
Cassava Flour Global Market
Promising cassava food market opportunities are found in North America and Europe. Export opportunities also exist in other regions of the world such as; Japan, SE Asia, etc.
A major factor in cassava market opportunity in European countries is the increasing ethnic populations in these countries, especially the United States and Canada who are familiar with cassava. There is a large immigrant populations in Canada and the U.S. Another factor is a growing interest in ethnic foods by mainstream Americans and Canadians. This increased demand has occurred both in grocery outlets and overseas restaurants. The increase in cassava imports is no doubt changing the face of grocery supermarkets in North America.
With increasing demand of cassava flour, exporters of the commodity are struggling to meet up the demand which invariably means continuous sales and large income earnings. Despite the economic state of most nations and financial state of individuals, food consumption is inevitable if anyone must survive. With the positive trend, the business of exporting cassava product such as the subject of this post is a booming and lucrative one.
How Profitable is Cassava Flour Export?
Today, while many are lamenting the bad state of the economy, some are hijacking the opportunity to make wealth for themselves by exporting this commodity. Remember, the rich are opportunity seekers while the poor overlooks an opportunity or sees only the challenges therein.
Dealing in cassava products export is generally a money spilling opportunity.
Cassava end products such as Cassava Flour receives tremendous patronage due to its relatively easy way of cooking and the large number of Africans in the diaspora.
In Asia, Europe and America demand continue to increase. Recently, China spearheads countries that are willing to invest hugely in cassava in Nigeria. Unfortunately, many Nigerians see this opportunity as mere tale that are not worth taking, while graduates are patrolling streets looking for white collar jobs that are scarce and rare, when actually they can make large foreign earnings.
We therefore urge as many that reads this post to embrace the opportunity in this business and smile all the way to the bank.
Product Description
Cassava flour is cassava tuber, simply peeled, dried, ground and packaged. Cassava tubers are processed into cassava flour.
Cassava Flour Global Market
Promising cassava food market opportunities are found in North America and Europe. Export opportunities also exist in other regions of the world such as; Japan, SE Asia, etc.
A major factor in cassava market opportunity in European countries is the increasing ethnic populations in these countries, especially the United States and Canada who are familiar with cassava. There is a large immigrant populations in Canada and the U.S. Another factor is a growing interest in ethnic foods by mainstream Americans and Canadians. This increased demand has occurred both in grocery outlets and overseas restaurants. The increase in cassava imports is no doubt changing the face of grocery supermarkets in North America.
With increasing demand of cassava flour, exporters of the commodity are struggling to meet up the demand which invariably means continuous sales and large income earnings. Despite the economic state of most nations and financial state of individuals, food consumption is inevitable if anyone must survive. With the positive trend, the business of exporting cassava product such as the subject of this post is a booming and lucrative one.
How Profitable is Cassava Flour Export?
Today, while many are lamenting the bad state of the economy, some are hijacking the opportunity to make wealth for themselves by exporting this commodity. Remember, the rich are opportunity seekers while the poor overlooks an opportunity or sees only the challenges therein.
Dealing in cassava products export is generally a money spilling opportunity.
Cassava end products such as Cassava Flour receives tremendous patronage due to its relatively easy way of cooking and the large number of Africans in the diaspora.
In Asia, Europe and America demand continue to increase. Recently, China spearheads countries that are willing to invest hugely in cassava in Nigeria. Unfortunately, many Nigerians see this opportunity as mere tale that are not worth taking, while graduates are patrolling streets looking for white collar jobs that are scarce and rare, when actually they can make large foreign earnings.
We therefore urge as many that reads this post to embrace the opportunity in this business and smile all the way to the bank.
