23/01/2026
The Gold mine in Cocoa farming
Cocoa was the mainstay of Nigerian agricultural economy before the oil boom. Now that the price of oil has fallen drastically, which has maligned and significantly reduced our revenue base, it is imperative to go back to cocoa farming, as it presents one of the brightest investment opportunity to local and foreign investors in agribusiness in this region. Cocoa has been and will remain to be one of the fastest selling agricultural product in both local and international market.
Cocoa is a cash crop and a critical export for producing countries and a key import for consuming countries which typically do not have suitable climate for the production of cocoa. Africa (Cote d’Ivoire, Ghana, Nigeria and Cameroon) dominates the global cocoa market by 70%.
Products from Cocoa include; Cocoa pulp juice, Pure cocoa natural mass or paste, Cocoa butter, Cocoa powder, Cocoa liquor used to produce Chocolate, Jam and marmalade. Other products include cocoa pod husk used as an animal feed, Potash from cocoa pod husk used mainly for soft soap manufacture and as fertilizer for cocoa, vegetables, and food crops, Cocoa bean shells used as organic mulch and soil conditioner for the garden.
All the products from cocoa are sought after, not only in the local market but in the international market. There is a present and future demand for the production of cocoa- As long as chocolate and other cocoa products are consumed, the market remains profitable. Aside chocolate, Cocoa beverages are heavily consumed (especially by growing children and young adults) in developing regions of the world like Africa. Beverages like Milo, Ovaltine, Bournvita etc. is a household name in Nigeria. The high demand for cocoa products will provide a steady and lucrative market for cocoa producers.
If your preference is to trade in cocoa beans and possibly become an exporter to cocoa grinders and processors overseas, there are a couple of things you must know.
For your cocoa farm set up, contact GREEN AGROFIELD FARM CONSULT 🌱.
TEL: 08116271320
07084235538.