Singkong, is a versatile root crop that is underrated in the business world. It is not just a common food staple, singkong is cheap to cultivate and can be produced in large quantities. Because of its widely available production, it is not surprising that this crop has so many economic potentials. In this article, we will talk about some of the opportunities that can be taken advantage of through a singkong business.
1. Cassava Chips Business
Cassava chips are a popular snack in many countries, especially in Southeast Asia. This business has plenty of potential due to its large market. You can produce and wholesale your own branded cassava chips, or opt for a franchised cassava chips business.
2. Cassava Flour Production
Cassava flour is becoming popular due to people’s awareness of gluten-free and low-carbohydrate diets. Investing in a cassava flour production can target consumers who want healthier options in their everyday cooking.
3. Cassava Farming and Trading
Cassava farming is a great business opportunity for farmers. Harvesting singkong can yield high profits, especially with proper processing and handling techniques. Aside from that, opening an online cassava trade can widen your market range and improve sales.
4. Desserts and Snacks Business
Cassava can be processed in various ways to make snacks and desserts, such as cassava pudding, bibingka, and even bubble tea. This type of business can gain popularity among millennials who are fond of trying unique food and beverages, adding a new twist on traditional snack and dessert flavors.
5. Biodegradable Utensil Business
Cassava can be made into a biodegradable substitute for disposable plastic such as utensils, plates, and cups. With increasing environmental concerns, finding a substitute for plastic is on-trend, making cassava utensils a viable and eco-friendly alternative.
6. Cassava-wrapped Food Business
Cassava leaves can be a wrapped food ingredient, a traditional dish called “Lumpia”, made from ground beef, vegetables wrapped in cassava leaves. This dish’s Indonesian and Filipino version has gained global recognition, making it an export-quality good for those who plan to export business.
7. Cassava-based Agroforestry
Cassava can contribute to agroforestry by providing a natural, sustainable shelter to other crops from the sun and wind. It’s great to know that cassava’s filling roots can help loosen compact soil, making it a perfect alkaline soil requirement that enhances soil quality.
8. Bioethanol Production
Bioethanol is a renewable energy source that can be derived from cassava. Indonesia has planned production towards 6 million tons this year, thanks to the momentous support of the Ministry of Agriculture.
9. Cassava-based Textile Business
Cassava can be an alternative material for rayon, making it the emerging and potential source for the textile industry. Not just for everyday wear but also sportswear, safer and lighter in a breathable eco-friendly fabric uphold requests.
10. Animal Feed Production
Cassava chips and leaves can also be an excellent source of animal feed industries. Cassava leaves, when cooked and mashed, add protein to the diet of animals such as pigs and goats, making it inexpensive in the market.
11. Biodiesel Production
Similar to bioethanol, cassava can be the key source in biodiesel production, reducing dependence on crude oil and a supplementary source of renewable energy.
12. Medicinal Herbal Business
Cassava has numerous properties beneficial for human consumption’ digestive systems; leaves can prevent kidney diseases and cancer with their phytochemical elements. The list goes on about usefully cassava-based medical herbal’s rising demand, such as the midwife’s herb to treat cervical dysentery, fever, and a natural contraceptive.
13. Organic Fertilizer Production
Eliminate hazardous chemicals in your crop by using cassava to make organic fertilizer ideal for companies that produce animal feed for organic products, restaurants, or hotels.
14. Cassava-based Cosmetics
Lactobacilli ferment from cassava extract offers anti-inflammatory and antibacterial properties, reducing skin redness and decreasing wrinkles making it into a cosmetic ingredient. In 2019, Korea’s beauty trend introduced products made from natural vegetable sources, and cassava-based cosmetics made an appearance.
15. Cassava-based Paper Business
Cassava-based paper is eco-friendly and biodegradable, harvested under an ecological agriculture system, ensuring you’re sustaining Mother Nature.
16. Cassava Alcohol Production
In Japan, “Shochu,” distilled from cassava, has been produced for hundreds of years; remaining popular with its immense flavor and unostentatious alcohol. The distillery, Kyoya Shuzo produces a billion gallon annually, making it one of the largest producers in Japan. Indonesia aims to have the largest local micro distillery in Southeast Asia this coming year.
17. Cassava Wine Production
Similar to alcohol. Cassava skins can create a distinct wine taste and offer an alternative drink menu for people with health restrictions. Celebratory toast, anyone?
18. Cassava Blender Production
A simple and affordable kitchen appliance that has yet to be invented, it can replace your costly electronic blenders, made out of cassava fibers and rugged materials, saving the planet while saving your pocket.
19. Clothing Dye With Cassava Leafs
Cassava leaves don’t only show their benefits for the digestive system but can be used to create natural green dye perfectly colored and preserved for natural materials, showing an alternative method for eco-friendly tools and zero-waste practices.
20. Cassava Plantation Tour
Cassava benefits don’t just thrive within business opportunities; it caters for the tourism industry. Cassava plantation tours are becoming an attraction in several tropical areas as tourists gain knowledge and unforgettable experiences.
21. Beverage Sweetener
For an alternative in sweetening “healthy herbal beverages”, cassava sugars can regulate insulin sugar levels while inducing sweet tastebuds even without adding sugar.
22. Cassava Snacks and Coffee Shop
Late-night snacks and merienda counters are common in Southeast Asia. Cassava chips paired with coffee etches contemporary twists in traditional snacking; unquestionably enriching the food venture for locals and tourists. Win-win!
23. Production of Paper Brands and Packaging
Packages exceed above its significance in transport of goods, mainly in the validation and distribution of global trade. With climate change targets, finding and inventing environmentally sustainable alternatives supply or packaging, including cassava paper brands and stand-out packaging, can impact significant reforms in reducing carbon production, ensuring a greener future.
24. Manufacturing of Hygienic Pads
Cassava fibers are suitable in manufacturing sanitary pads, one of society’s necessities, but discussing taboo due to social stigma surrounding it. Societal norms should know that switching into eco-friendly pads not just lessen environmental impacts caused by disposable pads but also ensures hygienic practice by all women around the world.
25. Traditional Medicine and Poisons Extraction
The Philippine province, Surigao del Sur, produces ninety-eight percent of the country’s cassava roots, with 52 hectares dedicated solely to poison production, rat poison to be exact through a company named Ratnox. On a different note, this crop is utilized in Ayurveda roots curing ailments such as tonsillitis, ringworm, and rheumatism.
Conclusion:
Cassava is a root crop that offers several business prospects that cater to varying markets, promoting market endurance through the improvement in ecological resilience. The innovation in cassava industries creates versatile entrepreneurial business ventures that provide business value apart from just feeding consumers.
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