• We have over nine years of expertise in market research.
  • admin@businessplansinnigeria.ng
  • (+234)-1-29 52 413

Cocoa Cultivation and Sales in Nigeria; How To Write Business Plans in Nigeria.

  • Home / Cocoa Cultivation and Sales in Nigeria; How To Write Business Plans in Nigeria.

Cocoa Cultivation and Sales in Nigeria; How To Write Business Plans in Nigeria.

  • by Business Plans in Nigeria |
  • Comments off

Cocoa ( Theobroma cacao L. ) is a native of Amazon region of South America. The bulk of it is produced in the tropical areas of the African continent. There are over 20 species in the genus but the cocoa tree Theobroma cacao is the only one cultivated widely.

Cocoa is the second major non-oil foreign exchange earner in Nigeria after leather. It is produced in fourteen {14} states of the federation namely Ondo,Cross River, Oyo, Osun, Ekiti, Ogun, Edo, Kogi, Akwa Ibom, Delta, Abia, Kwara, Ebonyi and Rivers with an annual production rate of 225,000 metric tons {MT}.

Over 98% of the product is exported and it’s provides means of livelihood and employment to over five million {5,000,000} people.

The new crop varieties supplied by government produce 1 1/2 tons of cocoa per hectare 2.47 acres each season compared with the older types which yield 1/2 ton. The seedlings are early-maturing, high-yielding, disease-resistant beans that mature in about 18 months to farmers to replace the traditional crop with four to five years maturity.

The uses of cocoa are many. These include among others cocoa butter, cake and liquor. Cocoa products are used for beverage production and cosmetics, while its bye-products can also be used as organic fertilizer and feed for ruminant animals. So far, from cocoa pod, only the cocoa beans are economically used.

The cocoa husk and cocoa sweetens have been proved to be capable of a number of industrial processes, such as the use of the husk in livestock feed and soap making, and that of sweeteners in manufacturing of jellies, jams, food ingredients, wines, sugary solution, etc.

Factors to consider before cultivating cocoa in Nigeria includes land, choice of variety, time of planting, seed rate, seed dressing, spacing and other agricultural practice.

The new crop varieties supplied by government produce 1 1/2 tons of cocoa per hectare 2.47 acres each season compared with the older types which yield 1/2 ton. The seedlings are early-maturing, high-yielding, disease-resistant beans that mature in about 18 months to farmers to replace the traditional crop with four to five years maturity.

From the above, it is clear that a large and sustainable exist for cocoa cultivation and production in Nigeria for both local and export market.

———————————————————————————————————————
Foraminifera Market Research Limited (www.foramfera.com) is part of a family of businesses, which includes several brands such as

www.foramfera.com
www.businessplansinnigeria.ng

Hausworth Nigeria Limited owners of

365 Property Portal — www.365propertyportal.com (Property listing, building materials sales and movers in Nigeria)

Kyneli Business Support Services owners of

www.365campaigner.com

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.

365 Campaign is the one stop shop for digital marketing solutions for businesses, politicians, religious organizations and individuals.
———————————————————————————————————————

At Foraminifera Market Research (www.foramfera.com), we provide bespoke and up to date market research reports. 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 reports by clicking any of the links below

COCOA SEED EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
COCOA SEED SUPPLY TO LOCAL INDUSTRIES IN NIGERIA; THE FEASIBILITY REPORT.
COCOA CULTIVATION AND SALES IN NIGERIA; THE FEASIBILITY REPORT.
CONTRACT PROCESSING AND PACKAGING OF COCOA SEEDS; THE FEASIBILITY REPORT.

COCOA SEED PROCESSING AND PACKAGING IN NIGERIA; THE FEASIBILITY REPORT

Access our other Market Research Reports or investment opportunities in Nigeria by clicking on the link below


MARKET RESEARCH REPORTS IN NIGERIA
INVESTMENT OPPORTUNITIES IN NIGERIA

Contact us with any of the details provided to arrange a meeting.

About The Author - Business Plans in Nigeria

Business Plans in Nigeria

businessplansinnigeria.ng is a one stop destination for investment and business opportunity seekers in Nigeria. businessplansinnigeria.ng is privately owned and operated by Foraminifera Market Research Limited. We have over nine (9) years experience in conducting and preparing market research report (feasibility reports and business plans) in Nigeria.