Investing in the flour industry is one of the most lucrative enterprises that are rarely pursued.
One can become a market leader in the market for sweet potato flour powder if the enterprise is well evaluated.
Carbohydrate-rich sweet potato powder flour is quickly becoming one of the most popular components of a healthy, balanced diet. This root vegetable is an excellent source of vitamin C, beta-carotene, manganese, copper, vitamin B6, potassium, iron, and fiber. Thus, the health advantages cannot be undervalued.
A dietary expert Mrs. Agnes Njoku stated that sweet potato flour is a great source of Vitamins A and C, carbs, and minerals that give sustained energy and help the body to replace glucose, glycogen, and electrolytes after intensive activity or a workout.
It may be used as a substitute for other flour products in the production of pastries or snacks, pasta, bread, cookies and pancakes, protein shakes, and energy drinks in order to obtain nutritional value, which will fuel the global market for sweet potato flour in the future years.
Because to its low Glycemic Index (GI) rating, which indicates that it provides a steady release of carbs, it has become a popular alternative to other kinds of carbohydrates that might boost blood sugar levels.
According to research by Global Market Insights, the sweet potato flour market will be worth $162,6 million by 2023, representing considerable development.
Sweet Potato Preparation
Similar to the Yam and plantain flour (Elubo) that are sold on the market, anyone who is goal-oriented and results-driven can make a profit from the production of sweet potato flour if they engage in it on a large scale, as there are individuals and restaurants that seek out potato flour as a supplement due to the dietary nutrients it contains.
The preparation of homemade sweet potato flour requires a clean and hygienic atmosphere, since it entails preheating the oven to the lowest temperature before slicing the washed sweet potato into thin pieces and dehydrating it in the oven.
The slices are then supported by a piece of aluminum foil, which allows hot air to circulate below.
Depending on how thin the sweet potato slices are after they have been cleaned, cut, and set in the oven, the procedure can take anywhere from 5-8 hours. The narrower the slice, the more rapidly it will dry.
Before they can be ground using a blender, depending on their size, or a grinding machine, if the amount is large and the aim is commercial, they must be turned intermittently to get a crispy texture.
Capital
There is no business without capital, hence a minimum of N100,000 is required to launch this company on a modest scale. While purchasing sweet potatoes, you must also participate in the production process to save labor costs.
Profits can be reinvested in the firm or additional capital can be introduced if there is a desire to expand when there are several distributors or customers.
Additionally, monies must be put aside for the equipment required to dry or dehydrate the sweet potato, including an oven and a grinding mill.
Profitability
There are so many bakers and cooks who utilize them in their confections that the company is sustainable. There are also individuals that use them as a dietary supplement or even as a meal replacement due to their nutritional worth.
According to the findings of LEADERSHIP Weekend, a manufacturer of sweet potato flour might earn N200,000 or more per month, depending on demand.