vegetable oil inductrial production in niger

                                               
                                               
                                               
                                               
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  • What is a unique feature of the Nigerian vegetable oil market?
  • A unique feature of the Nigerian vegetable oil market is a household product in which palm oil and palm kernel oil are blended at ratios 20:80 to 40:60. This product evolution arose from the need to reduce production cost because palm oil is always cheaper than palm kernel oil in the Nigerian market.
  • What is the potential market for palm oil in Nigeria?
  • Palm Kernel Oil which has been growing in demand over the years for the industrial market. The potential market for palm oil is realistically focused on the domestic market for the foreseeable future as Nigeria is a significant net importer of palm oil for both food and industrial uses.
  • Where is vegetable oil produced in Nigeria?
  • Akwa Ibom state, a coastal state in south eastern Nigeria is one of the areas where oil is produced in large quantities, mainly by women. The processing of the fruits into vegetable oil is most commonly carried out by women. It begins with harvesting the ripe fruits which grows in clusters weighing between 20-30 Kilos.
  • How big is the edible oil market in Nigeria?
  • We are happy to help. The Edible Oils market in Nigeria is projected to grow by 13.57% (2023-2028) resulting in a market volume of US$4.10bn in 2028.