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How To Make Money From Plantain Flour Production Business. - Agriculture - Nairaland

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How To Make Money From Plantain Flour Production Business. by Gentleraj: 9:12pm On Jan 13, 2018
Plantain is a food crop that can be grown and processed profitably in Nigeria. Plantain is a  major source of food in many regions throughout Nigeria. Study shows that the production of plantain is over 80 million metric tones per year. Despite this figure, demand still outstrips supply. Let us put you through on what it takes to start a plantain flour mill so that you can tap from this opportunity from us @DCT Industrial Enterprises.

Plantain can either be used for domestic consumption or used as input by other producers. Plantain Flour can be processed and sold locally or export abroad.

Plantain flour has now become a popular food today in both local and international market, as it is a remedy for people who have diabetes or trying to control their fat, the potential national demand for plantain flour has been estimated to be in excess of 300,000 Tonnes/Annul.

The current supply level is probably less than 20% of the estimated demand with only few companies producing on mechanized and commercial scale.

The facilities required for a small/medium scale plantain flour mill include drying machine, slicing/chipping machine, milling machine and packaging machine.

The average production cost per Kg of plantain flour is N236, while the average retail price per Kg of good quality plantain flour is N330 per Kg.

Plantain is the major raw material for plantain flour production, and it is available all year round in commercial quantities in many parts of Nigeria. Nigeria is said to be the largest producer of plantain in West Africa.

The processing line for plantain flour production is as follows:

1. Sorting: This involves inspection of plantain fingers to identify and remove unsuitable ones i.e. spoilt, immature pulps e.t.c.

2. Weighing: The sorted plantains are properly weighed to quantify input of the raw plantain.

3. Blanching: The green plantain fruits are soaked in hot water for some minutes to soften the skin for easy peeling.

4. Peeling: The plantain peels are removed manually using sharp knives to obtain the pulp.

5. Slicing/Chipping: The pulp is sliced or chipped with the aid of a mechanical slicer.

6. Drying: The sliced plantain is dried in a short time with the aid of an industrial drying machine.

7. Milling: The dried plantain slices/chips are milled in a hammer mill.

8. Sieving: The flour is sieved to obtain the desire particle size.

9. Packaging: The flour is packaged in moisture proof packaging material ready for sale.

Now, if you operate a plantain flour mill that has the capacity to process 1tone of plantain flour per day, and you implement a good and efficient marketing strategy, the following average monthly figures are true:

Production volume per month = 29tones (29000Kg)
Sales = N9, 570,000
Direct cost of sales = N6, 844,000
Miscellaneous = N500,000
Profit per month = N2,226,000.

Plantain flour mill can be operated profitably any where in Nigeria. The start-up cost at a small scale is approximately N6,000,000. This will cover the cost of procurement of land, factory construction,
furniture, vehicle and procurement/installation of machinery.

Drop your comment or questions for clarifications, more info on starting up and procuring equipments .

Or

Contact our direct lines
@DCT Industrial Enterprises
07061986788, 07051448304

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Re: How To Make Money From Plantain Flour Production Business. by Sunnymatey(m): 9:56pm On Jan 13, 2018
Wow, my people are predominantly plantain farmers making my area suitable for this business. The challenge might be: 1 lrregular power supply. 2 Nearness to market. 3. Credit facicility. If no. 3 is sorted, ll like to give it a trial. OP, what's the cost of acquiring and installing the machines? 08169582770
Re: How To Make Money From Plantain Flour Production Business. by candygirl4real: 4:32am On Jan 26, 2018
Are you into plantain chips production also. Would like to know about its process
Re: How To Make Money From Plantain Flour Production Business. by remioshy(f): 1:29pm On Jan 29, 2018
Hi
Can you drop your contact email so I can ask for more information on this as I am interested in setting up something like this in very near future. Thanks.
remioshy@yahoo.com
Re: How To Make Money From Plantain Flour Production Business. by josh123(m): 9:04pm On Jan 31, 2018
Gentleraj:
Plantain is a food crop that can be grown and processed profitably in Nigeria. Plantain is a  major source of food in many regions throughout Nigeria. Study shows that the production of plantain is over 80 million metric tones per year. Despite this figure, demand still outstrips supply. Let us put you through on what it takes to start a plantain flour mill so that you can tap from this opportunity from us @DCT Industrial Enterprises.

Plantain can either be used for domestic consumption or used as input by other producers. Plantain Flour can be processed and sold locally or export abroad.

Plantain flour has now become a popular food today in both local and international market, as it is a remedy for people who have diabetes or trying to control their fat, the potential national demand for plantain flour has been estimated to be in excess of 300,000 Tonnes/Annul.

The current supply level is probably less than 20% of the estimated demand with only few companies producing on mechanized and commercial scale.

The facilities required for a small/medium scale plantain flour mill include drying machine, slicing/chipping machine, milling machine and packaging machine.

The average production cost per Kg of plantain flour is N236, while the average retail price per Kg of good quality plantain flour is N330 per Kg.

Plantain is the major raw material for plantain flour production, and it is available all year round in commercial quantities in many parts of Nigeria. Nigeria is said to be the largest producer of plantain in West Africa.

The processing line for plantain flour production is as follows:

1. Sorting: This involves inspection of plantain fingers to identify and remove unsuitable ones i.e. spoilt, immature pulps e.t.c.

2. Weighing: The sorted plantains are properly weighed to quantify input of the raw plantain.

3. Blanching: The green plantain fruits are soaked in hot water for some minutes to soften the skin for easy peeling.

4. Peeling: The plantain peels are removed manually using sharp knives to obtain the pulp.

5. Slicing/Chipping: The pulp is sliced or chipped with the aid of a mechanical slicer.

6. Drying: The sliced plantain is dried in a short time with the aid of an industrial drying machine.

7. Milling: The dried plantain slices/chips are milled in a hammer mill.

8. Sieving: The flour is sieved to obtain the desire particle size.

9. Packaging: The flour is packaged in moisture proof packaging material ready for sale.

Now, if you operate a plantain flour mill that has the capacity to process 1tone of plantain flour per day, and you implement a good and efficient marketing strategy, the following average monthly figures are true:

Production volume per month = 29tones (29000Kg)
Sales = N9, 570,000
Direct cost of sales = N6, 844,000
Miscellaneous = N500,000
Profit per month = N2,226,000.

Plantain flour mill can be operated profitably any where in Nigeria. The start-up cost at a small scale is approximately N6,000,000. This will cover the cost of procurement of land, factory construction,
furniture, vehicle and procurement/installation of machinery.

Drop your comment or questions for clarifications, more info on starting up and procuring equipments .

Or

Contact our direct lines
@DCT Industrial Enterprises
07061986788, 07051448304
sir i am hoping in venturing into this business after my schooling,do u know the least price for a food drying machine?
Re: How To Make Money From Plantain Flour Production Business. by kaymofo(m): 2:09pm On Aug 07, 2021
Where are you based please?

I am in Abeokuta, if I can get a supplier in Ogun State please.
Thanks

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