Invest in Soya Bean Business in Africa | Tax Benefits

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Soya beans are processed for their oil and fodder (for the animal feed industry). A smaller percentage is processed for human consumption and transformed into products like soy milk, soy flour, soy protein, tofu and other retail food products.

$30.25 Bn

Market Size

4.3%

CAGR

$44.01 Bn

Forecast

Soya Bean by-product markets

Soy Milk

Tofu

Soybean Oil

Soy Protein Isolate

Animal Feed

Biodegradable Plastic

Soya Bean Business Advantages in Africa

Favorable Climate: Much of Africa possesses a warm climate with adequate rainfall, ideal for soybean production. This translates to lower investment needs in greenhouses or temperature control systems.
Value-Added Processing: Opportunities exist for establishing processing facilities to convert soybeans into products like soy milk, tofu, and vegetable oil, catering to a wider consumer base and maximizing profits.
Sustainability Focus: By adopting sustainable farming practices, investors can contribute to environmental protection while meeting the growing demand for ethically sourced soybeans.
Growing Demand: Africa's burgeoning population, coupled with rising disposable incomes, is driving an increased demand for protein-rich foods like soybeans.
Livestock Feed: The demand for high-quality animal feed is surging as Africa's livestock sector expands. Soybeans serve as a valuable source of protein for poultry, pigs, and dairy cattle.
Untapped Potential: Africa boasts vast swathes of fertile land suitable for soybean cultivation, much of which remains underutilized. This presents a significant opportunity for expanding production and capturing a larger market share.

Business opportunities in soyabean processing include:

-   Soyabean cooking oil
-   Soyabean animal feed
-   Soya flour
-   Soya nuggets and chunks
-   Soya fatty (Vitamin E extraction)
-   Soya sauce
-   Soya tofu
-   Soya milk
-   Soyabean acid oil
-   Soya concentrate

Soyabean opportunity exists in the following African countries: IVC, Nigeria, Togo, Benin and Malawi.