6. Fruit juice production
The fruit juice production is a honey pot. Fruit juice is made from orange, pineapple, guava, mango, as well as additives such as sodium benzoate, sweeteners, and citric acid, among others.
The rule set by Nigerian authorities is that a fruit juice should contain 40 percent of natural fruit juice. This means that if you are producing pineapple juice, ensure it contains 40 percent of natural pineapple.
The Manufacturers Association of Nigeria (MAN) estimates that Nigeria imports N165 billion worth of fruit juice every year.
In a paper presented at a workshop organised by the Raw Materials Research and Development Council (RMRDC) in Owerri in April 2016, Frank Jacobs, president of MAN, said in spite of the high rate of fruit production and a thriving juice market, the country imported fruits concentrates.
Apart from production site and generating plant, someone with N3 million to N10 million can start a small-scale fruit juice company, depending on the litres that will be produced, according to feasibility studies.
Machinery needed to start includes juice extractor, homogeniser, pasteuriser, hydrolyser, filling machine and holding tank.
One big bang about fruit juice is that if you cannot set up a production plant, you can get involved in the value chain by supplying oranges, pineapples, guava and other fruit to companies like Chi Limited and Coca-Cola, among others. Many fruit juice makers in Nigeria go to the extent of importing fruit to satisfy demand for their products. Planting oranges, guava and pineapples is the best bet in this case, say experts.
Courtesy: BBusinessDay online.
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