Installation Successful Fish Farming Setup
Development of a Successful Fish Farming Business Model
Developing a practicable Techno-Economic model is necessary for an Aquaculture business. Aqua Tech Fishery team will help you to create business plans and production strategies that will suit you. Together we can work to make best use of the existing facilities at your farm and look forward to expand them systematically. Various factors like project scope and costs, profitability, benefit-cost ratio etc. are analyzed and discussed with the client, thereafter a detailed project report is made. Each project is unique in its own way and therefore requires a tailored solution.
We are eager to hear about your plans.
Step-to-Step Guide to Start Your Own Profitable Fish Farming Business
The type of fish you plan to grow should be your first priority when beginning a fish farm. The most popular fish farming business ideas with high returns are mentioned below.
1. Choose the Type of Fish for Farming
Tilapia Fish Farming: After salmon and carp, tilapia has grown to become the third most important and popular fish. The main factors that contribute to tilapia fish farming's great profitability and popularity are its high protein content, large size, quick growth (it takes 6 to 7 months to reach harvest size), and delicious flavor.
Shrimp Farming: In Southeast Asia, commercial shrimp farming has existed for more than a century. The most basic cultural strategy is widely used shrimp farming. Market demand is very high and can be initiated on a small-scale basis.
Ornamental Fish Farming: Ornamental fishes are colorful, fancy, and generally known as aquarium fish. Industry analysts claim that the ornamental fish trading industry, with its $6 billion in annual revenue and 8% annual growth rate, has a lot of room for growth.
Cat Fish Farming: Catfish farming for profit is quite profitable. Aquaculture Farmers can start catfish farming on their own or in combination with other species. Catfish farming can be started on a small scale and for a relatively low cost.
Prawn Farming: Prawn demand is growing on a global scale. A freshwater fish farm and a freshwater prawn farm are extremely similar. One can start prawn farming with the help of current, enhanced technology to fulfill both domestic and foreign demand needs.
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