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WARNING ⚠️ DO NOT ENGAGE IN CASTOR SEED FARMING AND OIL PROCESSING BUSINESS WITHOUT FIRST READING THIS FREE REPORT.



What everybody ought to know... About Castor seeds farming and oil production business in Nigeria and across Africa. Plus(+) why many beginners fail with their first attempts.

1. What is castor oil seeds?

Castor seed is the source of castor oil, which has a wide variety of uses. The seeds contain between 40% and 60% oil that is rich in triglycerides, mainly ricinoleic.

The seed also contains ricin, a highly potent water-soluble toxin, which is also present in lower concentrations throughout the plant.

2. Why should you venture into Castor seeds farming and oil production business?

Its dual purpose was for cosmetics and to improve machinery performance. Recently, castor oil has also become popular due to its medicinal properties on the skin, hair, and scalp. The versatility of castor oil makes it suitable for use in medication, cosmetic, and industrial product making.

Castor farming has the potential to contribute significantly to the Nigerian economy, as the demand for castor oil continues to rise globally. The global castor oil market size is projected to reach USD 2.84 billion by 2027, growing at a CAGR of 4.3% from 2020 to 2027.

Who wouldn't want to be a part of such huge economy?

3.How big is the Castor oil market?

The global castor oil & derivatives market size was valued at USD 1.21 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.8% from 2022 to 2030. 

The demand is anticipated to be driven by increased consumption of the product in biodiesel feedstock. Liquid biofuels are used as substitute fuels for different types of combustion engines working on kerosene, diesel, and gasoline as well as in passenger vehicles including airplanes, ships, and trucks.

4. How to source for premium quality Castor seeds for planting:

Nigeria is said to be the third-largest producer of castor oil seeds in the world, with an estimated production of 300,000 metric tons per year. The production of castor in Nigeria is more in the northern part of the country, particularly in the states of Kano, Jigawa, and Katsina. But lately, special varieties that are produced specifically for user locations have been found to thrive in the south East and South West Nigeria with states like Enugu, Kwara, Ebonyi, Oyo, Ogun and Osun states jointly hitting up to 157,000 metric tons per anum.

5. How to Cultivate Castor seeds and reap a good harvest.

Seeds are directly sown in the field for raising the plantation. Castor grow  on all types of soils like red, sandy loam, well drained soils. It grows vigorously in soil having maximum organic matter. It cannot withstand water logged contrition, so  a water drainage system must be maintained in the plantation.

Castor is generally propagated through seeds and sown during April and May in Nigeria and across other African countries all through to August. However, it can be cultivated year-round under irrigated condition. 

Under rainfed conditions, the seeds are sown by plow furrow, and the seeds are dibbled by maintaining proper spacing under irrigated condition.

6.Preparing your Castor seeds for the market.

Commercial growing of Castor seeds is very much successful due to its demand in local and international markets. In Nigeria, is usually harvested twice a year and preparation of seeds for off-takers who usually are on a waiting list of prospective farmers begins by firstly collecting the seeds and threshing (removing the husks or outer covering) them.

Once the seeds are cleaned up and threshed, they are now ready for the market.

How to Sell Your harvested Castor seeds... ?

Processing your Castor seeds for oil...?

 Where do I find market?

All these and more information about Castor seeds farming and oil production business is compiled in details on the report. 

Follow us on CastorBusinessAfrica channels for more information on this report.

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