The good news for investors and entrepreneurs is that investment in egg processing plants, which can process egg powder, could earn a revenue of up to $1billion per annum. Currently, less than 5% of the country’s egg powder demand is met by local production.

Nigeria is the largest producer of eggs in Africa, with 10.3 billion eggs produced annually, data from the Poultry Association of Nigeria (PAN) shows. But the poultry farmers in the country are yet to fully take advantage of the large production capacity by processing eggs into powdery forms.

Nigerian poultry farmers usually experience a glut between February and May every year, largely because people tend to consume less eggs during this period of the year and there is a short shelf life for eggs. This situation results in wastage of eggs, as eggs are mostly consumed during the rainy season. But if we are able to process excess eggs into powder especially for use in the food and beverage industry like other advanced countries do, then we would save the country $1billion used to import egg powder every year,” according to the report from Nigeria’s Poultry Association.

CLICK TO READ FULL ARTICLE: https://bizwatchnigeria.ng/egg-powder-can-generate-1billion-annually-for-nigerian-poultry-farmers/