The word food and nutritional supplements companies are predicting that the Moringa products shall acquire than 10% share of the industry in coming years, while companies in the cosmetics field are expecting its enthusiasts to embrace it within their industry. Present volume of trade of Moringa products in international market is not enough to qualify it as a commodity, but it is nevertheless a growing market worldwide. Originated from India, Moringa trees are now found in Ghana, t4.5 Billion, which is expected to cross N 8.3 Billion by 2020, growing at a rate of more than nine percent annually.
Moringaleifera ia a very fast growing tree; it commonly reaches four meters in height just 10 months after the seed is planted and can bear fruit within its first year. Its pods are triangular in cross-section (30 to 50cm long) and legume-like in appearance. These pods have oil rich black and winged seeds, which can be crushed to produce biodiesel. Moringa could yield + 3 ton oil per ha and that it could be used for food in times of shortages. The seeds contain 30 percent to 40 percent oil that is high in oleic acid. The meal yields about 61 percent protein. Moringa are extremely nutritious, containing all the essential amino acids along with many vitamins and other nutrients. Virtually every part of the tree can be used. Value addition means converting the fresh produce into products which could be utilized for immediate purpose or stored for future use by applying various indigenous and high techniques suitable for each crop. The processed products from Moringa is Moringa leaf powder, Moringa fruit powder, Moringa capsules, Moringa dried leaves, Moringa oil, Moringa seed cake powder and Moringa tea.
MoringaOleifera is a known nutritional values and healing wonders that grows abundantly along the Lake Victoria region specifically in Oron and in some parts of Nigerian region. This underutilized natural resource was never thought in ways that can make it as source of income or livelihood. Now for the first time in Nigeria, it is being processed as a valuable feeding supplements against malnutrition
TRIUMPHANT LINK VENTURES plans to produce the following products from Moringa capsule as food supplement and source of vitamins, liquid fertilizer for plants, porridge flour as nutritional supplement for malnourish, topical ointment to cure skin diseases and allergies, and herbal iodine powder to treat open wounds and rashes. The major products will be porridge flour and food supplement capsules, targeting a wider markets The products will be used in feeding programs to combat malnutrition. We project an average sale of N4,000,000 or N5,000,000 a year for the first year, N5,500,000 for the second year, and N6,000,000 for the third year. The other products will be produced in a much smaller scale and will be sold to pharmacies, drugstores, clinics, hospitals, medical supplies, agricultural supplies and farmers associations for liquid fertilizer. In total, all the Moringa products that TRIUMPHANT LINK VENTURES will produce is projected to earn a net profit after tax of N16,491,026 for year 1, N18,807,777 for year 2 and N20,124,587 for year 3. We also plan to enter the global market with these first three years of operation.
This project will have positive impact on the physical well being of its consumers and on poverty alleviation through livelihood generation. This project will also compliment the government’s “Environmental Advocacy and Awareness Raising Programs” through massive planting of Moringa trees.
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