Business Plan for Rice Oil Manufacturing
₦250,000.00 – ₦650,000.00
This business plan provides the information needed to make decisions about starting a Rice oil manufacturing plant. It is designed to attract investors to the business.
What is rice oil?
Rice oil is the oil extracted from the hard outer brown layer of rice called chaff. It is known for its high smoke point of 232C and mild flavor, making it suitable for high-temperature cooking methods such as stir frying and deep frying.
Uses of rice oil
Rice oil is an edible oil which is used in various forms of food preparation. It is also the basis of some vegetable ghee. Rice bran wax, obtained from rice bran oil, is used as a substitute for carnauba wax in cosmetics, confectionery, shoe creams, and polishing compounds.
Customer Analysis
The main users of Rice oil are households, individuals, restaurants, cosmetic companies.
Industry analysis
Rice oil is produced artisanally in Nigeria but produced commercially in Asia and other countries where where it is used as an alternative to other vegetable oils. Top Rice oil international brands include: Fortune rice oil, Dhara rice oil, Emani rice oil, Saffola rice oil, freedom rice oil.
Business Opportunities
This business plan provides the information needed to make decisions about starting a Rice oil manufacturing plant. It is designed to attract investors to the business.
Rice Bran Oil Production Machine