Investment Outlook: Production and Processing of Soybean in Armenia

Authors

  • H. N. Hayrapetyan

Keywords:

soybean, soymilk, tofu, grain production, closed cycle production, microbusiness opportunity, plant-based dairy alternatives

Abstract

The aim of this paper is to present a perspective microbusiness opportunity by introducing new products for Armenian market. Those products are soymilk and tofu. They are plant-based dairy alternative products and are viewed as one of the best substitutes for dairy products. The scope of this paper examines a close-cycle production suggesting potential investors in this field to inhouse all the value-chain stages. Overall, 34200 USD of capital expenditure and 12400 USD investment in working capital is required to run a business. The calculations show that after 5 years this type of investment opportunity promises 67700 USD of NPV and 57.3 % of IRR with 1.8 years payback period.

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Published

2023-08-08

How to Cite

H. N. Hayrapetyan. (2023). Investment Outlook: Production and Processing of Soybean in Armenia. AgriScience and Technology, 4(72). Retrieved from https://journal.anau.am/index.php/anau/article/view/203

Issue

Vol. 4 No. 72 (2020): “AgriScience and Technology” scientific journal

Section

Agricultural Economics and Agribusiness

License

Creative Commons Attribution-Non-Commercial (CC BY-NC). CC BY-NC allows users to copy and distribute the article, provided this is not done for commercial purposes. The users may adapt – remix, transform, and build upon the material giving appropriate credit, providing a link to the license. The full details of the license are available at https://creativecommons.org/licenses/by-nc/4.0/.