How To Start Poultry Feed Production In Nigeria: A Great Business Idea
Poultry feed production in Nigeria is a business idea that very few individuals know about the high profit margin of the business. Many people are very eager to set up a poultry farming business, but few of them actually consider the important aspect of poultry farming in Nigeria. Feeds alone account for about 70% of the total cost of poultry farming business in Nigeria. The poultry feed production process is a simple one that anyone can venture into. All that you need is the proper guideline on how to go about it. This article will be giving you the full details and guidelines on how to set up you own poultry feed production in Nigeria. Poultry feed business in Nigeria is so lucrative, but it is quiet painful that Nigerian have left it for the large commercial feed industries that are based abroad but run local franchised industries.
There is no doubt that the high demand for poultry feeds can only be met through indigenous poultry feed production in Nigeria. You must understand that the poultry feed is the biggest cost component of poultry farming business in Nigeria. It is cost effective to look into the possibility of starting your own poultry feed production in Nigeria. You can start by simply manufacturing your own feed for your bird, or specialize in the production of healthy and quality feed for poultry farmers in your locality. This article will provide you with answers to questions like:
- How poultry feed is manufactured
- What ingredients are contained in poultry feed
- The cost of poultry feed business in Nigeria
- How to identify best poultry feed in Nigeria
- How to make poultry feed in Nigeria
Local poultry feed production in Nigeria is seen as a lucrative business venture in Nigeria because of the availability of raw materials as well as accessibility by the local poultry farmers. Poultry feed is food for poultry birds like chickens, ducks, turkeys, quails and other domestic birds. Starting poultry feed production in Nigeria is not that capital intensive. The major things that you need are the right information, knowledge, good marketing strategy and the determination to succeed.
This article contains all that you need to succeed in poultry feed business in Nigeria. When it comes to animal feed production, the profit margin is always high.
Why Poultry Feed Production In Nigeria?
Due to the ever growing poultry business establishments in Nigeria and the high demand for poultry and poultry products. The demand poultry feed can no longer be met by the few animal feed production companies in Nigeria. Because of the positive health implication of poultry and poultry products, there are more people in demand of poultry birds and their products. The higher the demand for poultry and poultry products, the more feed is needed to grow more poultry birds. Poultry business is a very good business in Nigeria, therefore, poultry feed production in Nigeria is a more lucrative business.
You must not wait till you have all the money needed to start the poultry feed business in Nigeria. You can exploit those that have the equipment so that you can grow your customer base while sourcing for the fund to buy your own equipment.
Also Related: How To Start Turkey Farm In Nigeria
Cheap Raw Materials
This is the major reason for the low cost of poultry feed business in Nigeria. The raw materials for your poultry feed production in Nigeria are commonly composed of readily available grains. These raw materials include, rice bran, sunflower cake, whole maize, soy, sorghum spent grains, groundnut cake, soybean meal, fish meal, and bone meal. These raw materials can be sourced locally at a very cheap price. This goes to tell you that with your poultry feed mill equipment, poultry feed production in Nigeria is easy to start because the needed raw materials are readily available, and cheap.
It Reduces The Cost Of Production
This is specifically for those farmers that have their own poultry farming business. Due to the fact that feed accounts to more than 70% of poultry farming cost in Nigeria, producing your own feed is really going to be cost effective. As a poultry farmer in Nigeria, you really need to learn how to make poultry feed so as to reduce the cost of production. Starting your poultry feed production in Nigeria will be an added advantage that you wouldn’t want to miss.
Other Benefits Of Poultry Feed Production In Nigeria Include:
- You can choose to start small-scale, medium-scale, or large-scale production. The business is very flexible and you don’t need to have a poultry farm before you can start the poultry feed production process in Nigeria.
- The poultry feed mill equipment can be manufactured locally at a very cheap price.
Common Categories Of Poultry Feed
The quantity of the feed as well as the nutritional requirements of the feed solely depends on the age, weight of the poultry bird and the season. Based on the weight, age and breed of the poultry bird, the categories of their feed include:
This feed is formulated to meet the nutritional requirements of newly hatched chicks up to their brooding and whining stage.
This feed is for the rapid growth and development of the poultry bird. It increases their weight, body size, as well as other internal and external features in order to improve their maturity. This is usually administered after the starter mesh.
This is the feed that is needed by birds that lay eggs. It helps the layers to produce quality eggs. It provides the laying birds with the important nutrients needed more eggs that have bigger sizes. The feed also helps in the hardening of the egg shells.
Requirements For Poultry Feed Production In Nigeria
Get Your Needed Feed Formula
In order to produce one of the best poultry feed in Nigeria, getting the right formula is key. The right formula is the combination of the ingredients to put together and the ratio with which the ingredients will be put together. The right formula is what gives you an edge over other poultry feed producers in Nigeria. In learning how to make poultry feed, you must understand the importance of putting together the right feed formula.
You must understand that the combination of ingredients required to produce chicken feeds is quite different from the one needed to manufacture turkey feeds. It is at this point that you will need the professional assistance of an animal nutritionist in order to assist you in formulating the right formula.
Ingredients For Your Formula
These ingredients are needed for the formulation of the perfect formula. For starting your poultry feed production in Nigeria, you need to buy the following raw materials; maize, corn, cassava grits, noodle waste for carbohydrates, wheat offal as the source of protein, soybean meal, fish meal, palm karnel cake, oyster shells bone meals, minerals and common salts. All these ingredients are readily available locally and they are very cheap to purchase.
Poultry Feed Mill Equipment
This includes all the equipment that you would need in order to start your poultry feed production in Nigeria. The very basic ones that you will need include:
- Milling machine; This is the equipment that is needed to reduce the grains to the right mesh size.
- The mixer; This equipment ensures that the micro-nutrients and vitamins are mixed uniformly with the meshed grains.
- The packaging machine; It is needed for the packaging of the finished product into bags for commercial purposes.
Without a well structured marketing plan, you can produce the best poultry feed in Nigeria and nobody will buy from you. You must have it at the back of your mind that it is not enough to produce the best poultry feed in Nigeria. For you to succeed, you must be able to find ways to get your product to the general public. There is no underestimating the power of advertisement, but the highest marketing strategy is the quality of your feed.
If people buy your poultry feed and it greatly increase the growth of their birds, there will be nothing stopping them from coming back for more products. They will even be helping you advertise your product for free.
In order to greatly increase the general public acceptance of your product, you must as a matter of necessity register your poultry feed Production Company with relevant agencies in Nigeria. The Corporate Affairs Commission reserves the sole right to register companies in Nigeria. Poultry feed also require NAFDAC registration before you can start your poultry feed production in Nigeria.
Have A Detailed Business Plan
No business ever succeeds without the help of a well structured and detailed business plan. The business plan will greatly help you to determine the long-term feasibility of your business. All the feasibility study, profitability of your business, marketing strategy, amount of capital is all found in the business plan. Your business plan is a road-map to where your business is going in the future.
At Entrepreneur Nigeria, we offer professional business plan writing services specifically for you. Here, we add a professional touch that makes your business plan stand out as the best. For your standard business plan that will be available within 2 weeks of your order, contact us on +2347037281050