Juice Processing

Juice Processing

Photo by Shutterstock / Pierre-Yves Babelon

Juice Processing
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Food and Beverage
Food and Agriculture
Business Model Description

Build and operate facilities for the processing and packaging of fruits and vegetables - such as mango, coconut, and pineapple - into juice for local and export markets. A mix ix of in- and out-grower schemes can be used to ensure consistent quality supply.

Expected Impact

Improved income for smallholder farmers through guaranteed markets and better pricing, while also resulting in better nutrition for the general population via access to more juice.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
20% - 25% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
< USD 50 million
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 500,000 - USD 1 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Zero Hunger (SDG 2) Decent Work and Economic Growth (SDG 8) Responsible Consumption and Production (SDG 12)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Good health and well-being (SDG 3) Gender Equality (SDG 5)
Sector Sources
  • 1) International Monatery Fund. 2022. Sierra Leone: 2022 Article IV Consultation and Fifth Review. Accessed from: https://www.imf.org/en/Publications/CR/Issues/2022/07/29/Sierra-Leone-2022-Article-IV-Consultation-and-Fifth-Review-under-the-Extended-Credit-521569 2) International Trade Administration. 2021. Sierra Leone - Country Commercial Guide. Accessed from: https://www.trade.gov/country-commercial-guides/sierra-leone-market-overview 3) Government of Sierra Leone. 2019. Sierra Leone’s Medium-Term National Development Plan 2019 - 2023. Accessed from: https://www.slurc.org/uploads/1/0/9/7/109761391/sierra_leone_national_development_plan.pdf 4) Government of Sierra Leone. 2021. Updated Nationally Determined Contribution (NDC). Accessed from: https://unfccc.int/sites/default/files/NDC/2022-06/210804%202125%20SL%20NDC%20%281%29.pdf 5) Government of Sierra Leone. 2022. Customary Land Rights Act. Accessed from https://faolex.fao.org/docs/pdf/sie212374.pdf 6) Food and Agriculture Organisation. 2018. Country Gender Assessment Series: National gender profile of agriculture and rural livelihoods, Sierra Leone. Accessed from: https://www.fao.org/documents/card/en/c/I9554EN/ 7) National Agricultural Transformation. Strategy 2019-2023. Please note, Ministry website has been offline. Accessed information indirectly via: https://www.investinginsierraleone.com/agriculture-and-fisheries/#:~:text=In%20light%20of%20rises%20in,of%20Sierra%20Leone's%20economic%20development. 8) Food and Agriculture Organisation. Website. https://www.fao.org/sierra-leone/programmes-and-projects/ru/
IOA Sources
  • 9) IDH Sustainable Trade. 2019 Case Report Sierra Agra. Accessed from: https://www.idhsustainabletrade.com/uploaded/2019/11/SDM-Case-report-Sierra-Agra-Sierra-Leone-1.pdf 10) The Borgen Project. 2021. Juice companies in Sierra Leone empower farmers. Accessed from: https://borgenproject.org/tag/sierra-juice/ 11) World Bank. 2021. IDA Private Sector Window Support for Dole Asia Holdings in Sierra Leone. Accessed from: https://www.worldbank.org/en/about/partners/brief/ida-private-sector-window-support-for-dole-asia-holdings-in-sierra-leone 12) Statista Website. Accessed from: https://www.statista.com/outlook/cmo/non-alcoholic-drinks/juices/sierra-leone 13) CSI Market Website. Accessed from: https://csimarket.com/Industry/industry_Profitability_Ratios.php?ind=505 14) MCE Social Capital. 2019. Portfolio Spotlight: Sierra Agra. Accessed from: https://mcesocap.medium.com/portfolio-spotlight-sierra-agra-763358f292ed 15) Food and Agriculture Organisation. 2018. RuLIS Country Brief. Accessed from: https://www.fao.org/3/cc0136en/cc0136en.pdf 16) World Population Review. 2023. Accessed from: https://worldpopulationreview.com/country-rankings/median-income-by-country 17) Republic of Sierra Leone. 2010. National Sustainable Agriculture Development Plan 2010-2030. Accessed from: https://www.gafspfund.org/sites/default/files/inline-files/SL_NSADP.pdf 18) SLIEPA. Available incentives. Accessed from: //www.sliepa.gov.sl/invest-in-sierra-leone/all-incentives 19) Emmanuel S. Gbakie, Brima Kamara and Patrick A.F. Dumbuya. 2017. New Rural Finance Institutions in Sierra Leone. Accessed from: https://cgspace.cgiar.org/bitstream/handle/10568/97182/EC3_Gbakie.pdf?sequence=1&isAllowed=y 20) KPMG Website. Accessed from: https://kpmg.com/ke/en/home/services/advisory/international-development-advisory-services/our-sectors-idas/agribusiness-sector/sierra-leone-agribusiness-development-fund.html 21) UNDP Stakeholder Consultations, April 25, 2023, May 10, 2023, and May 15, 2023. 22) Kadiri et al. 2016. Economic Studies on the Production of Fruit Juice from a Locally Sourced Fruit ‘African Star Apple’ . Accessed from: https://www.researchgate.net/publication/305568426_Economic_Studies_on_the_Production_of_Fruit_Juice_from_a_Locally_Sourced_Fruit_'African_Star_Apple' 23) World Bank website. Accessed from: https://data.worldbank.org/indicator/NY.GDP.PCAP.KD.ZG?locations=SL 24) WFP. 2022. Sierra Leone Annual Country Report 2022. Accessed from: https://docs.wfp.org/api/documents/WFP-0000147998/download/ 25) SLIEPA Website. Available incentives in Sierra Leone. Accessed from: https://www.sliepa.gov.sl/invest-in-sierra-leone/all-incentives