Tomato farming and processing are one of the lucrative businesses in Nigeria as tomato is an important component of the daily diet, consumed both fresh and in paste form.
Fresh tomato is referred to as a fruit while others referred to it as a vegetable and it’s very common in Nigeria and the world as a whole. Tomato as a vegetable fruit is a major food component, an ingredient utilized by every household and constitutes the national food security programme of the Federal Government.
Nigeria is the 14th largest producer of tomatoes in the world and second in Africa after Egypt with about 1.8 million metric tonnes, which she produces annually. Nigeria with a population of about 200 million people has over 48 million tomato farmers across the country and majority of tomato farmers are from the northern part of Nigeria, the intersting fact is that Nigeria accounts for 65 per cent of tomatoes produced in West Africa.
Despite accounting for 65 per cent of tomatoes produced in West Africa, Nigeria is also the largest importer of tomato paste in the world, importing an average of 150,000 metric tons of concentrate per annum, which is valued at $170m. In 2012, the Central Bank of Nigeria (CBN), under Malam Lamido Sanusi, expressed worry about the N11.7billion the country was spending then to import 65,809 metric tons of processed tomato paste.
In 2018, Nigeria current demand for fresh tomato fruits stands at about 2.45 million metric tons annually, while it produces about 1.8 million metric tons. Nigeria now imports 150,000 metric tons of concentrate per annum as against the 65,809 metric tons it did five years ago.
Looking at the statistic above, it shows that there is huge demand for tomato and every serious minded entreprener should venture into tomato farming and processing as soon as possible
The high demand for tomato has made tomato farming and processing business one of the lucrative businesses in Nigeria. Focusing on tomato farming alone can help you make a fortune especially when using the latest technology and modern ways of growing tomato. Unlike the conventional method of using an open land that can be seasonal, using a greenhouse to grow improved varieties of tomato will help you to yield more, reduce input and cost and maximize profit. It can be done all year round.
In 2016 when bacterial blight disease affected tomato farmers in the north which led to the scarcity of tomatoes nationwide, Nigerians knew how important and lucrative tomato farming is and many that have ventured into the business using modern technology are smiling to the bank.
Tomato can be grown anywhere in Nigeria as long as you have healthy soil and availability of water. In Nigeria, there are states that are well-known for growing tomatoes. They are;
We have developed a standard tomato farming and processing business plan with 3 years financial analysis for you to use to raise fund or for personal use.
The business plan is developed to help you save money, time and energy and most importantly, raise fund to kickstart or scale your business up. Why waste time and energy to write a business plan that will take a couple of months to complete yet you won’t still get it right? Why not get our already developed standard tomato farming and processing business plan with 3 years financial analysis and make some changes to suit your needs?
When you get our standard tomato business plan with 3 years analysis, what you need to do is to change the name, contact details, company details, founders details and other info to suit your need and present it to anyone (bank, investor, grant competition etc).
The standard tomato farming and processing business plan is in MS words and the financial is in excel. so that you can deliver to your inbox immediately and you can easily change it to suit your needs.
NOTE: if you don’t like an already developed business plan (generic) and you need a tailor-made and a unique business plan to be developed for your business, just call or email and you’ll get that too.
The 3 years financial includes startup cost, fixed monthly expenses, cash flow, income statements, balance sheets, sales projections, breakeven analysis, salaries and wages, ratio among other analysis.
Take a look at the table of content:
1) Table of Contents
2) Executive Summary: The summary includes introduction, products and services description, marketing and sales among others
3) Company Overview: this includes
History and Current Status
Markets and Products
Keys to success
4) Product or Service description.
5) Industry and Market Analysis
6) Marketing Strategy
Target Market Strategy
Advertising and Promotion Strategy
Marketing and saleS Forecasts
The scope of Operations
10) Summary of Financials
Projected Cash Flow
iii. Balance sheet
Profit and loss
Profit Margin, chart etc
Support for Product/Service Description (e.g., diagrams, pictures, etc.)
Cash Flow Statements
Other supporting financial statements
How to Access This standard tomato farming and processing business plan with 3 years financial analysis
This standard tomato farming and processing business plan with 3 years financial analysis should cost you #50,000, but you are not going to give you for that amount. But for a limited time, we will give you for Only #20,000. (70 USD)
How to Pay and Access The Business Plan
Method one – Online Payment
Pay online using credit or debit card and you get the document within a short time in your email tailor made for your business.
Method Two – Bank Deposit, Internet/ATM Transfer/Mobile Money etc
You can access the documents by paying cash or doing bank/internet transfer or ATM transfer to any of the following accounts below:
Account Name: Aspire Network
Account Number: 4113763015 (Business Saving Account)
Bank: FCMB Bank Ltd
Account Number 0021267614
Account Name Victor Mathias
Bank Name; Guaranty Trust Bank GTB.
Please text or email your name, phone number, payment details and your email address to 08060378460 or firstname.lastname@example.org and your standard tomato business plan will be sent to you
OTHER STANDARD BUSINESS PLANS
If you need already developed plans, check the ones we have developed below:
1) Standard Poultry Business Plan.
2) Standard Catfish Business Plan
3) Standard Pure Water Business Plan
4) Standard Cassava Processing Business Plan
5) Standard Palm Oil Business Plan
6) Standard Pig Business Plan
7) Standard Fashion Business Plan
8) Standard Snailery Business Plan
9) Standard ICT Business Plan
10) Standard Zobo Business Plan
11) Standard Shoe Making Business Plan
12) Standard Restuarant/Fastfood Business Plan
13) Standard Makeup/Spa Business Plan