How to Set Up a Profitable Frozen Food Business in Nigeria
Thinking of how to successfully set up a profitable frozen food business in Nigeria? This insight will help you make an informed decision. First, a frozen foods business involves selling prepackaged and preserved food items in Nigeria. It is the business of freezing, storing, and trading frozen food items. Technically, freezing up food items increases the value and shelf life of most perishable goods.
The frozen foods industry is a highly profitable venture in many parts of the world, especially Nigeria precisely. owing to population growth and increased demand for convenience foods. Because there aren’t many people in the business, it’s far from saturated. The frozen foods venture involves the sale of fish, turkey, prawns, chicken, gizzards, and certain vegetables for consumption.
The frozen food business has the potential to grow quickly. Because the target market is always available, the sophisticated stress-free elite, as well as recurring events like birthday parties, weddings, naming ceremonies, convocations and festivals, will keep the frozen food investor in the business. As a matter of fact, if you want to start your own frozen food business this article will walk you through the process step by steps guide to set up a profitable frozen food business
What are frozen foods?
Frozen foods are food items stored and preserved in cooling temperatures around -18 ℃ with the intent of commercializing them. The most common list of frozen foods in Nigeria includes fish, chicken, turkey, beef, prawns, meat (pork), etc. Frozen foods are known to be more convenient, safer to use, and more hygienic, in terms of freedom from bacteria and foods pathogens
FACTORS TO CONSIDER WHEN STARTING A PROFITABLE FROZEN FOOD BUSINESS
DEVELOP A GOOD BUSINESS PLAN
Every successful business starts with a business plan and your frozen foods business in Nigeria should have one as this is the first thing you should do as a business owner write a business plan first and stick to it the purpose of putting a strategy in place first is to avoid any form of failure in the near future this require conducting thorough research and then drafting a feasibility report on the business with a focus on the frozen food industry in Nigeria.
MAKE AVAILABLE YOUR CAPITAL FOR YOUR FROZEN FOOD BUSINESS
To start a frozen food business in Nigeria you will need a sufficient amount of capital aside from the capital you have at hand There are still several ways to generate funds for your business, including loans from the government, microfinance banks, grants,
GET A SUITABLE LOCATION
It is very vital when you set up your frozen foods company. It can be your property or a leased store but the place should be open and available. It is not necessary that it must be a market place, just a good store along with the market or on the road and you’re going to get many buyers. A hidden or secluded area is likely to not succeed in this business.
GET A COLDROOM PREFERABLY SOLAR POWERED COLD ROOM
A cold room is a specially designed room chamber or enclosure that is well insulated or lagged to prevent direct thermal flow out of the room in order to keep perishable frozen food items from spoiling.
A normal cold room typically uses electricity and a diesel generator, which is a very common cold room that many frozen food business people use. Those who use normal cold room make more profit before, but now that diesel prices have skyrocketed, it is affecting many frozen food businesses in Nigeria, which is why it is preferable to get a solar-powered cold room if you want to make more money. All this is what Dekoolar Nigeria put into consideration before coming up with a solution.
Dekoolar Nigeria Limited is the leading manufacturers and suppliers of solar-powered cold room in Nigeria. With their solar-powered cold room, you’re going to make more profit in your frozen foods business because you don’t need a diesel generator nor electricity to power it. All you need is the SUN because as the solar will be taping energy from the sun, it will be powering your cold room directly and still charging your backup battery.
ADVANTAGE OF SOLAR-POWERED COLD OVER REGULAR COLDROOM
- It is easy to operate
- It eliminate food loss
- It is efficient
- It eliminate electrical power and diesel expenses
- It is Eco friendly i.e. it is environmentally friendly because it is noiseless.
- It is easy to maintain
- It is durable
Conclusively, the frozen foods business in Nigeria is a lucrative and profitable venture to start-up, up due to its vast market demand and on your ability to build a wide network. If you are looking for a lucrative business to venture into, the frozen foods business in Nigeria is a great option to explore and Dekoolar Nigeria Limited is there to take you from start to the finish process.