$1.87 Bn
Market Size
5%
CAGR
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Benin's strategic location, along with access to major ports, ensures efficient logistics and connectivity to international markets. With abundant raw materials like cotton, cashews, and pineapples, there is a steady supply for processing industries. So by investing in GDIZ, you can benefit from advanced technologies, value addition, and sustainable growth prospects.
Benin's strategic location, along with access to major ports, ensures efficient logistics and connectivity to international markets. With abundant raw materials like cotton, cashews, and pineapples, there is a steady supply for processing industries. So by investing in GDIZ, you can benefit from advanced technologies, value addition, and sustainable growth prospects.
$1.87 Bn
Market Size
5%
CAGR
Situated near the Port of Cotonou, a key gateway to international markets, it enjoys reduced transportation costs by up to 20% and boasts well-developed infrastructure facilitating efficient logistics. Abundant in raw materials such as cotton, cashews, maize, and pineapples, with annual productions exceeding 200,000 metric tons and 130,000 metric tons respectively, the zone ensures a stable supply chain.
With the global processed food market projected to surge to USD 7.6 trillion by 2025, growing at a CAGR of 4.3%, there exists a burgeoning demand for agro-processed goods. Furthermore, being part of the Economic Community of West African States (ECOWAS) grants access to a market of over 380 million people, positioning the GDIZ zone in proximity to major African markets. Emphasis on value addition and sustainability, aligning with global trends, further underscores its potential for higher profitability. In essence, these factors converge to present a promising and relatively unexplored frontier for investors in the agro-processing sector.
Cashew
Market Size
$7.82 Bn
CAGR
3.31%
Forecast
$9.20 Bn
Shea Processing
GDP Contri.
1.23%
Production
170K MT
Cassava
Production Volume
4 Mn MT
Consumption Volume
1.3 Mn MT
Cotton
Production Volume
700,000 Tons
Pineapple
GDP Contri.
1.2%
Production Volume
300,000 MT
Soya Bean
Production Volume
200.000 MT
Fruit Processing
Market Size
$516.30 Mn in 2024
CAGR
6.06%
Forecast
$693.00m in 2029
June 6, 2024
Vice-President of Benin Republic Visit Textile and Cashew units at GDIZ Benin
View ArticleJuly 8, 2024
Invest in Agro-Processing Sector in Africa & Profit From a Booming Agrifood Business Market
View ArticleCompare
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