Poultry farming is a viable business anytime any day. The chicken industry is one of the most successful sectors. In a little over 70 years, the chicken industry, especially the broiler sector, has evolved from being fragmented and locally oriented, into something that is highly efficient, and increasingly supplying customers nationwide and around the globe.
Starting a Poultry Farming Business withNice Ideas
Some of the areas of specialization in the poultry farm business includes;
- Chicken meat production
- Egg production
- Hatchery
- Poultry feed production
- Processing of chicken meat and eggs
- Packaging and marketing of poultry products
- Manufacturing of poultry equipment
- Poultry marketing and consultancy services
- Administration of poultry vaccines and medicines
- Sales of poultry equipment
Major Factors that makes Poultry Farming a Profitable Business
- Food is one of the basic needs of man. Regardless of the economic situation, human beings must feed and since domestic birds are consumable; that makes poultry farming feasible.
- Our country India for instance has a population of 1.324 billion and growing; bear it in mind that a huge population means a huge demand for food (egg and meat).
- With the increased awareness on the health implications of red meat; there’s an increased demand for white meat and birds are a source of white meat.
Running a Poultry Farm Business Successfully
For any entrepreneur who knows what they are doing, running a poultry farm can be a very lucrative business especially if you have the right information at your finger tips and also the technical know-how needed to be able to run the poultry farm business.
Having an in-depth knowledge of the poultry business, you should seek to network with other poultry farmers as well as poultry farm association bodies. This will help especially in situations when there is an outbreak of diseases that could affect your livestock. Tips and advices from your peers will help in saving your investment and also ensure that the business is run successfully.
Benefits Of Poultry Farming
- Poultry farming provides a high yield.
- Much capital is not required to become a poultry farmer.
- Lots of spaces are not required to begin poultry farming. You can start with your available area.
- Poultry farming might be immediately lucrative.
- Only fewer maintenance is needed for poultry farmers.
- You can easily acquire a license for this business.
- You are raising agricultural products that have immediate demand.
- Employment opportunities on multiple levels are created.
- Most financial institutions & businessmen will approve lending packages for poultry farmers.
- It has a quick return on your investment.
- Marketing is very easy.
Guidelines For Starting Poultry Farming Project
- The Sector:This involves the niches in the poultry industry in India that produce broilers and layers, poultry feed, chicken breeding, egg and meat processing.
- The Birds:Choose from the two types - broilers (meat production) and layers (egg production).
- The Farm Branding:Branding involves naming your farm business along with creating a logo for the same.
- The Location:In order for a farm to grow and prosper, it has been set up in the appropriate location.
- Funding:In spite of having money in hand, there are other financial requirements for the poultry industry in India. They are salaries, equipment, more land, etc. Bank loans or other sources of financing would be helpful.
- Word of Mouth:By spreading word of mouth, it will ensure that people are aware of your poultry business.
- Professional Help:From raising birds to production, and managing the farm, it is always best to hire professionals.
- Digital Footprint:By setting up a website, your business will have an online presence with a far wider reach.
- Marketing:For starting a poultry farming project, a marketing plan is essential to analyze demand and supply of your market, along with understanding your target consumer.
How To Start Poultry Farming In India
When you ask yourself the question, ‘How To Start Poultry Farming In India’, you’d be happy to know that most of the points to consider have been covered in the above paragraph.
What comes next with starting a poultry farming project would be factors related to the health and safety of owners, workers, and customers, and poultry farming techniques. This includes providing a stable and secure infrastructure for production. This requires proper planning and support, especially from industry newcomers. The most important aspects being: the ideal location, properly secured infrastructure and equipment, verification by respective health departments and approval.
Apart from this, when it comes to how to start poultry farming in India, you also need additional financing for;
- Day-to-day farming demands
- Zoning and regulatory base awareness
- Repairs
- Training
- Upgrades
- Proper Waste management systems
