According to AFFCON, the food industry in Nigeria is currently worth over ₦1 trillion and has continued to grow beyond all challenges. This is to show that food is very important, and the aspect of which we focus on is the processing of quality plantain flour extracts and plantain chips.
According to statistics, Nigeria is the 5th largest producer of plantain in the world, accounting for over 9% of global plantain production. Yet, the demand for plantain-related products is more than the supply.
To re-emphasize this numerically, statistics show that the national demand for plantain chips is estimated at 5,250 tonnes per annum, while the annual national supply is estimated at 4,575 tonnes, with a demand–supply gap of about 675 tonnes per annum.
The reason for its attractiveness is due to its many amazing health benefits. Plantain is high in fiber, rich in protein, and low in sodium.
We take on increased awareness of product contents, which will continue to stimulate demand for healthier products. This demand is supported by intensive campaigns on non-communicable diseases such as:
Type 2 diabetes (which the International Diabetes Federation estimates affects 1.6 million – or 1 in 53 – Nigerian adults, while 60.7% (949,900) of Nigerian adults with diabetes are undiagnosed),
Hypertension (with an increasing rate of hypertensive individuals in the country),
Abnormal blood fats
and how our products can bring health solutions and/or mitigating effects to carriers of such diseases, making the market of health-conscious products an exciting one.
Our involvement in this industry is to strategically contribute our quota to bridging the gap between the demand and supply of the product — while also making profit.