Being consumed by humans and the food processing industry, edible oil is widely known to contain low fats, calories, and cholesterol. Some of the major dynamics of the edible oil industry in Benin include: The edible oil market is segmented based on type, package, distribution channel, and end-users.
Why is industrialization important in Benin?
Thus, it makes it easier for the country to take strategic decisions and identify core market applications. In the 1950s, Benin launched its first oil palm sector industrialization program in which the colonial government invested in large-scale, public industrial processing facilities.
When did Benin start producing oil palms?
In the 1950s, Benin launched its first oil palm sector industrialization program in which the colonial government invested in large-scale, public industrial processing facilities. After independence in 1960, the national government established more facilities with greater capacity and planted around 30,000 hectares of selected oil palm seedlings.
Why should you start a business in Benin?
To increase livelihoods, farmers need to invest efforts to produce more edible oils, crops, and poultry products. Entrepreneurs find Benin to be a stimulating environment with its economic growth developed dramatically in recent years. So, if you are planning to start a business in Benin, now is the perfect time.