Nigeria Starch Processing Market is expected to grow at a substantial CAGR of 9.1% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Nigeria starch processing market is a considerably growing market, which includes specific number of key players as well as local players. The market has witnessed increase in various strategic developments owing to favourable market scenario.

The major players dealing in Nigeria starch processing market are introducing strong range of product portfolio. This helped company to maximize the sales with enhance product portfolio.

For instance, ALFA LAVAL is the dominating player in the starch processing market. The other key players existing in the market includes GEA Group Aktiengesellschaft, Henan Doing Mechanical Equipment Co.,Ltd, Kaifeng Sida Agricultural Products Equipment Co.,L, Sino-Food Machinery Co, Ltd. among others.

ALFA LAVAL

ALFA LAVAL headquartered in Lund, Sweden which was founded in 1883. The company performs its business from segments such as energy, food & water, marine, greenhouse, operations & other. The products offered are fluid handling, heat transfer, separation, process solutions. They are even focused towards increasing production capacity to target new regions. The company has product categories such as fluid handling, heat transfer, separation, process solutions in which heat transfer, separation, process solutions falls into market focused categories.

For instance,

• In November 2019, ALFA LAVAL formed new facility to enhance their product offering by testing and developing new equipment. The new innovation center is developing new products decanters as well as conducting test those decanters and located in the Copenhagen, Denmark. Through this the company increased customer based by offering them newly developed decanters products for the global market.

The company has wide Nigeria presence across the globe such as Asia-Pacific, Europe, South America, North America, and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as Alfa Laval Holding AB (Sweden), Alfa Laval NV Maarssen, (Netherlands), Alfa Laval Inc. Newmarket, (Canada), Alfa Laval S.A. DE C.V. (Mexico), Alfa Laval S.A. (Argentina) amongothers.

GEA Group Aktiengesellschaft

GEA Group Aktiengesellschaft headquartered in Düsseldorf, Germany which was founded in 1881. The company performs its business from segments such as business area equipment, business area solutions. The company offers advanced technology required in food processing and other industries with specialized machinery, components and other solutions. The market focused products are derived from business area equipment segment.  The company is investing huge amount of capital to develop new products for the market. The company offers automation & control systems, brewing systems, centrifuges & separation equipment, chillers & heat pumps, cleaners & sterilizers, compressors, distillation & fermentation systems, dryers & particle processing plants, emission control systems, evaporators & crystallizers, farm equipment, filling & packaging systems, food processing systems, freezers, granulators, homogenizers, liquid processing systems, membrane filtration systems, milking systems, mixers & blenders, product handling systems, pumps & valves, tablet presses, vacuum systems among which centrifuges & separation equipment, dryers & particle processing plants are focused categories.

For instance,

• In November 2019, GEA Group Aktiengesellschaft demonstrated their wide product offering for the beverage industry at BrauBeviale 2019 event conducted at Nuremberg, Germany. The company two-step decanting process is showcased at the event which offers more starch from rice due to 10 percent higher yields. Company strengthened their offering for the Germany market which helped them to increase their customer base.

The company has wide Nigeria presence across the globe such as Asia-Pacific, Europe, South America, North America, Middle East & South Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as GEA Farm Technologies S.R.L (Argentina), GEA Farm Technologies Pty. Ltd. (Australia), GEA Farm Technologies B.V. (Belgium), GEA Farm Technologies Inc. (Canada), GEA Farm Technologies SpA (Chile) among others.

Henan Doing Mechanical Equipment Co.,Ltd

Henan Doing Mechanical Equipment Co.,Ltd has headquartered in Zhengzhou, China. The company manufactures cassava processing machines as well as provider of cassava starch machine technology and products. The company offers various products such as cassava machine, cassava starch processing machine among which is cassava starch processing machine is focused product category.

For instance,

• In November, Henan Doing Mechanical Equipment Co.,Ltd participated in the China Commodities Expo-Nigeria 2019 conducted at Lagos, Nigeria. The company showcased their expertise in area of technology production, new design cassava processing machines and other product offering and their advantages. Through this the company increased their presence in the Nigeria market and has also enhanced its product portfolio. 

The company has strong presence in Nigeria, Ghana, Tanzania, Thailand, India, Kenya, Indonesia, South Africa, China which helped them increase their customer base.