Business Plan

Standard Tomato Farming & Processing Business Plan

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;

Bauchi State

Taraba State

Gombe State

Kano State

Zamfara State

Jigawa State

Sokoto State

Katsina State

Kaduna State

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

Mission Statement

History and Current Status

Markets and Products


Keys to success

4)      Product or Service description.

5)      Industry and Market Analysis


Industry analysis

Market analysis

Customer analysis

Competitor analysis

SWOT Analysis

6)      Marketing Strategy

Target Market Strategy

Product/Service Strategy

Pricing Strategy

Distribution Strategy

Advertising and Promotion Strategy

Sales Strategy

Marketing and saleS Forecasts

7)      Operations

Operations Strategy

The scope of Operations

Operating Expenses

8)      Development

Development Strategy

Development Timeline

Development Expenses

9)      Management

Company Organization

Management Team

Administrative Expenses

10)   Summary of Financials

Financial Assumptions

Financial Forecasts

Projected Cash Flow

Income Statements

iii.      Balance sheet

Profit and loss

Profit Margin, chart etc

Financial Risks

11)   Appendices

Support for Product/Service Description (e.g., diagrams, pictures, etc.)

Financial Statements

Income Statement

Balance Sheets

Cash Flow Statements

Ratio Analysis

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

Savings Account.

Bank Name; Guaranty Trust Bank GTB.


Please text or email your name, phone number, payment details and your email address to 08060378460 or victormathias101@gmail.com and your standard tomato business plan will be sent to you


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 

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