How much does it cost to start a snail farm in Nigeria?
You can start the business with N60,000 or N100,000 depending on how large you want your snail farm to be. Asides the amount of your investment, it is possible to produce 1,000,000 snails now worth more than N5 million twice a year.
How much do snail farmers earn in Nigeria?
Snail farming in Nigeria is a small-scale farming methodology that many entrepreneurs and farmers have used to scale their businesses massively. With a startup cost of as little as 50,000- 100,000, you stand a chance of making a whopping profit of about 5 million Naira per annum.
Is snail farming profitable in Nigeria?
The study examined snail production in Imo State, Nigeria using cross-sectional data. Results showed that the business of snail farming required low capital investment and was highly profitable with gross margin and net profit of N612, 130.00 and N609, 630.00 per snail per one cycle respectively.
How much is 1kg of snail in Nigeria?
Snail price per Kg Processed snails are packaged in high quality materials in various kilogram sizes with the prices ranging from #7000- #9000 per kg.
How much is a kilo of snails?
They’re from 2 years and above….Below are the different sizes of Snails and their prices. All are marginata ovum (jumbo specie)
| Snails | Prices |
|---|---|
| Breeder Snails | ₦800 |
| Table sized Snails | ₦600 |
| Jumbo Snails | ₦1,500 |
| Extra Large Snails | ₦1,600 |
How many months does it take a snail to mature?
Sexual maturity takes 6 to 16 months, depending on weather and the availability of calcium. This snail lives 5 or 6 years, sometimes as many as 9 years.
How much does snail farming cost?
In terms of cost and time, snail farming is a low risk business and profitable unlike many other livestock businesses, snail farming requires very little start up and operating costs. Someone can start with N100, 000 or N150, 000 depending on the size of your farm.
Can snail farming make you rich?
Snail farming is a very lucrative business with sure returns of investments but yet it is one of the neglected farming businesses in Nigeria. Snail farming provides a good opportunity to make money within a short period of time.
Is there money in snail farming?
An acre of land under snail cultivation can generate potential profit of €20,000, according to Ireland’s snail-breeding pioneer. You don’t need a lot of land to get started, and the financial return is significant: one acre can produce 10 tons of snails a year, with a potential net profit of €20,000, according to Milka …
How long does it take for a snail to grow to full size?
Your species have to be big, even huge. They should grow to about 25-30 cm in length. Such size can usually be achieved in about 8-12 months, sometimes it can take even longer than this. The bigger your snails are, the more money you will get for them.
Where can I sell my snails?
Visiting local farmers markets and other food markets is the easiest way to spread the word about your new business. You might meet more local businesses who would cooperate with you, or sell directly to local people. There are also big snail buyers that might be interested in purchasing your snails.
How profitable is snail farming?
The profit margin on snail farming is high. In the US snails can go for $50 a pound or two dollars a snail. Snails are easily exportable live, with a shelf life ranging from 2 to 6 months. Snail meat is a recognized health food, high in protein and low in fat.