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HOW TO MAKE HUGE PROFIT PRODUCING ICE BLOCKS IN NIGERIA

Water can exist in three states namely gaseous, liquid and solid. At room temperature, they exist in the liquid form and if heated to temperature above 100 degrees, it evaporates at water vapour. At temperature below 0 degrees, water exists in the solid form. Ice blocks are produced by a deliberate conditioning of water in freezers and ice block machine, in order to create cooling effects on beverages. These cooling effects are required given the condition of the weather condition in Nigeria especially during dry seasons.

A lot of factors like the epileptic power supply from PHCN and traffic congestion would continue to drive the demand for Ice blocks in the country.

Though ice block is an everyday business, it is also a seasonal business and the rate of returns on investment is a function of the season. The product is usually more in demand in the dry season.

The market for ice block is national and with the population of Nigeria growing at 3.5% per annum, the market is growing and sustainable. Buyers cuts across different segment of the society to include Hospitals/clinics, hawkers, restaurants, party host and shop owners.

There are basically two types of ice block namely

1. Dry Ice

2. Anti-freeze Ice

Dry Ice: This is the type of ice block made with polythene {nylon} bags and is the sizes are a function of the nylon bags.

Anti- freeze Ice: This involves the use of chemicals to make the block form faster that the required time. They are usually in containers and ice block formed through this method are called mould.

Ice block making machine usually comes in different capacity, efficiency and price. There is also the locally fabricated and the imported models.

The capacity and efficiency of the machine is usually tied to the number of ice blocks that can be produced under a given time usually 12 hours or 24 hours. Some of the capacities available include 60 moulds, 100 moulds, 120 moulds and 200 moulds of ice block per 12 hours.

Other machines required to start operations includes generator, accommodation, nylon bags and a source of water.

At Foraminifera Market Research {www.foramfera.com}, we provide bespoke and up to date market research reports for start-ups and those already in business.

Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies.

You can order our detailed feasibility report on Ice Block Production in Nigeria by clicking on the link below.

Report Title: ICE BLOCK PRODUCTION IN NIGERIA; THE FEASIBILITY REPORT.

Report Code: FORA/2013/003/9094

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