To be successful in fish feed production in Nigeria, you must understand the fish feed production process described in this article. Fish feed production is a very good business investment in Nigeria today. This is because the Nigerian population is in short supply of protein, an essential food ingredient.
For those of you who want to invest in fish feed in Nigeria, you must be aware that balanced fish nutrition must contain all the ingredients you need. These ingredients for the production of fish feed in Nigeria must contain all the nutrients needed to meet the demand for fish in the farms. This article will guide you on how to produce efficient and economical fish feed in Nigeria.
Fish feed is developed from sorghum, corn, flour, sweet potato cake and other raw materials, which will account for about 38 percent of the total raw materials used to produce fish feed. It also provides 30-50% of the nutrients the fish need. These raw materials are well mixed, oily and dried to produce floating particles as feed for fish.
Machine for Making Floating Fish Feed
Floating fish feed machine is the best choice for homemade fish feed and fish farms. With a floating fish feed extruder, you can use cheap local raw materials to produce high-quality feed and reduce feed costs.
Why should you invest in fish feed production in Nigeria?
If you’re still thinking about whether investing in fish feed production would be a good investment. Let me tell you, fish feed production is a viable business in Nigeria, and there are many standards.
Market supply
One of the best ways to find a good investment opportunity is to find a market for the product. Demand for fish feed in Nigeria is increasing as a result of the proliferation of fish farming operations in the country. This suggests that there is a large, growing and sustainable market for fish feed in Nigeria.
Nigeria’s population of about 180 million people is severely undersupplied with protein, an essential ingredient in food. According to the Central Bank of Nigeria (CBN) and the Food and Agriculture Organisation (FAO), the average Nigerian eats less than 2kg of beef a year. The figures also show that the average Nigerian receives a paltry 4kg of eggs a year.
This has led to a lot of people getting involved in fish farming, which has created a very good market for people who produce fish feed in Nigeria. Nigeria has a growing fish farming industry and the demand for fish feed is high. In Nigeria at present, anyone venturing into the fish feed production business makes me a big profit. The only thing you need to do is to get the information you need, and this article is for you.
In Nigeria, if you don’t have good fish feed, no fish farm can survive.
Cheap raw materials
This is another positive factor that has made fish feed production in Nigeria a very viable business. In the process of fish feed production, raw materials are very needed. These raw materials can be sourced locally in Nigeria.
With cheap raw materials, production costs will be very low. This will greatly increase your profit margin. Examples of these raw materials include corn, peanut cake, sorghum, flour, etc.
High profit margins
With increasing demand for fish feed in Nigeria, and access to inexpensive raw materials, fish feed production is extremely profitable. Nigeria imports about 40,000 tons of fish feed a year, worth about $60 million.
Given the huge sums of money that go into importing fish feed, you can now imagine that if you dabble in fish feed production, you will get a huge return.
Fish feed formula
In every fish farming business in Nigeria, feed formula is very important. This is because imported feed is very expensive. In order to have a very good fish feed formula, whether for commercial purposes or for your local fish farm, your choice of fish feed ingredients should be guided by the following criteria.
Cost and benefit components are available
Before you start producing fish feed, you must consider the cost of the ingredients used in the feed formula. If the ingredients are expensive, you must try to find all the alternatives to meet the nutritional needs of the fish.
No matter what kind of raw material you choose, you must ensure the quality and quantity of feed.
Nutrient requirements for fish
In order to make a good fish feed in Nigeria, you must know enough about the ingredients and their nutritional value to the fish. If you want to get into the commercial production of fish feed, you can hire the services of experts or professionals in fish nutrition. This will really help you produce the best fish feed in Nigeria.
Availability of processing technology
In the process of fish feed production, you must consider the processing technology when preparing fish feed. For example, if you don’t have the feed crusher you need, you won’t be able to crush the corn completely. That’s because fish may not be able to fully digest corn particles that aren’t fully pulverized.
Whether there are toxic factors in the ingredients
In the production of fish feed, it is important to identify the ingredients that contain some of the anti-nutrient elements. Soybeans, for example, must be thoroughly ground to remove the anti-nutrient elements present in them.
Ingredients like GNC promote the growth of aflatoxin, which can be a threat to fish. Therefore, great care must be taken in preparing fish feed.
Fish acceptance of existing ingredients
Fish are like every creature that has a preference for something when they like the type of feed they have. You have to determine which ingredients will suit the taste of those fish that are grown in Nigeria. The two main species of fish grown in Nigeria are catfish and tilapia.
In order to have a successful fish feed production business, you must develop feeds that will suit the tastes of these fish grown in Nigeria. Catfish, for example, prefer soybean meal to cottonseed. Raw materials with rough machining methods should be avoided. Because, in the process of fish feed production, these raw materials may lose essential nutrients.
How to start fish feed production business
Before you get into the fish feed business, you have to make sure that the things you need for a successful business are in place. These important requirements include.
Start-up capital
You have to have the money before you can start a business in Nigeria to produce fish feed. You must conduct a feasibility study to understand the amount of money needed to start a small-scale fish-feed production industry. You can’t run this business without money. This is because you need to buy all the equipment and materials you need and you cannot do without money.
land
This is another important requirement that must be addressed before you can start a fish feed production business in Nigeria. When choosing a land location, it must be in a place where fish farmers can easily come and buy your products. Land also needs to be located in rural areas in order to reduce the cost of purchasing such land in urban areas of Nigeria.
Detailed business plan
Without a detailed, structured business plan, no business can stand the test of time. With a good business plan, you can attract investors into your business, leading to the expansion of your fish feed production business in Nigeria. A good business plan is very important to the success of any business organization.