HENAN DOING HOLDINGS CO.,LTD

a profit analysis is needed. Here we take cassava starch as an example to analysis the profit:

Who is the potential customer of processed cassava products?

Even we know how lucrative is cassava business in Nigeria, we need to know our potential customer for sale. Locally, Nigeria cottage industry can buy cassava products. For example, perfumery and pesticide manufacturers, pharmaceutical companies, breweries, noodle and pasta companies, poultry and livestock farms, as well as international trading companies that supply cassava pellets to overseas food processing companies, will order cassava pellets.

Where is the profit of cassava processing? Is the domestic market or the export market?

Since we know how lucrative is cassava business in Nigeria, we need also to think about the market for cassava business. Garri itself has a huge domestic market because garri - a popular staple food in Nigeria, is consumed by more than 80 million people every day. In addition, Nigeria's population grows by more than 3% a year, which means that garri will have a large domestic market that can guarantee annual sales. Industrial starch also has a huge market.