Brief Overview of Snail Farming and Snail Slime Extraction Business in Nigeria

Snail farming is among the leading businesses in Nigeria now. It is very easy to venture into and has a low risk. Snail farming describes the rearing of snails for business purposes: for its meat, eggs and slime. The slime is used for aesthetic purposes and the meat and eggs for edibles. All about snail farming is easier and budget-friendly. It needs less effort in farming snails. Snails do not need excessive attention. Also their feeding is not an issue. They consume more of vegetables and fruits, the majority of which can be obtained from the bush.

Additionally, it takes simply 21 to 32 days for snail eggs to hatch, with snails about 4 mm long. A snail can grow as much as 10 mm monthly, and in 6 months some species can grow to about 35 mm long. It takes simply 6 months to 16 months for a snail to be sexually matured. However this relies on the climate condition of the environment and the vial ability of calcium.

Another aspect of snail farming is the affordable of housing for the snail. You can begin really little with simply 10 snails. Many snails are hermaphrodites. They have both male and female reproductive body organs. And you do not need massive housing to keep your snails. You can begin with little with just a car tire.

Potentials of Snail Farming Business in Nigeria

Unlike various other animal farming like poultry, fish, pig, and so on that need significant capital to begin, snail farming does not require a substantial amount to begin. Snail feeds are mainly fruits and fallen leaves such as; mango, carrot, banana, guava, paw-paw, plantain, cucumber, sweet potatoes, and so on. So, you do not have to invest so much money buying feeds for your snail. The need for snail is high, which makes it constantly available in any type of season and weather. The need for snail likewise relies on its uses whether as food or as raw material for the production of cosmetics or medicine. Diseases that kill snails are very rare when compared with that of other farm animals.

Additionally, Snail slime has big potentials to make the snail farmer an overnight millionnaire. Currently, there is high demand for snail slime due to it's potency in curing various skin diseases. The cosmetics, herbal and medical industries are currently looking for snail farmers who can extract the snail slime in commercial quantities.

Guidelines to Startup a Snail Farm in Nigeria

These steps of starting a snail farm business will work for you if you follow it carefully; Decide Which Species of Snail to Farm When building a snail farm, you will need to make use of a single species of snail. Investigations have revealed that snail species such as Achatina achatina are the very best for warm climate environments like Africa.

1. Build a Snail Housing Your snail housing should have sufficient space for your snails to graze easily. Congesting your snailery impedes the development of snails and for that reason it ought to be prevented. A well-spaced snail housing lowers the risk of disease outbreak triggered by congestion. Snails are good at leaving where they are kept, so you must endeavour to make escape proof housing. You can make use of a pent house that will be spacious and accessible with a soil depth of 10 inches and trees around it.
2. Acquire Your Snails If you wish to begin a snail farm, you will have to get snails. After setting-up appropriate housing and farmland for the snails, it is time to purchase some fresh high quality snails from the market or any farm. It is usually ideal to have the ability to analyze the snails before you purchase them to ensure that you recognize they are healthy. When you first begin your snail farm, you will want to get healthy, completely grown snails that will lay eggs and help populate your farm. Take a look at the shell of the snail. If there is a lip, that implies they are a completely grown snail.
3. Taking Care of the Snails Snails are vegetarians and can be fed with wide varieties of foods such as cabbage, carrot, garden egg, cucumber, mango, banana, guava, pear, tomato and paw-paw, cassava, okra leaves or lettuce. Nevertheless, you can also feed snails with pineapple, banana or paw paw. Mating and laying eggs are an essential part of snail farming. Generally, mating happens during spring and summer season. As hermaphrodites, snails can fertilize each other as quickly as they are mature enough. In order for the egg laying to go over perfectly, you must make use of top quality soil with the correct temperature and moisture.
4. Marketing of the Snails It is not economically a good idea to harvest your snails before its maturity, it needs to be mature before harvesting. Do not harvest all the matured snails at the same time to sell in the market. It is essential to always keep few for reproduction and to serve as base stock for your snail farm. Snail has great market demand and price. You can conveniently sell the snails in the neighborhood and local market. Snail meat consuming rate is growing really quick around the world. So, exporting in the international market can earn you greater profits.

Overview of The Template

The Template gives concrete financial plan and projections for setting up a Snail Farming and Snail Slime Extraction buisness. Real business insights are included in this financial template to attract investors, grants and loans to make the business concern a reality.

The excel template is easy to use and modify. Current Real life prices were used in drafting this template by our team of seasoned accountants and financial analysts. The template is suitable for small and emerging businesses who see themselves giants in the various industries in 5 years time.

Features

1. Comprehensive Income Statement (Trading, Profit & Loss Account)
2. Statement of Financial Position (Balance Sheet)
3. Cashflow Statements

Use Scenarios

This excel template is most suitable for the following:

1. Promoters of existing and New Start-up Businesses that need funding in form of grants,loans,partnerships etc. from governement agencies and venture capitalists.
2. Business and Financial Analysts working on viability and feasibility of a Snail Farming and Snail Slime Extraction business in Nigeria.
3. Business Administration and Entrepreneurship students who need a comprehensive financial plan for a Business Plan.
4. Investors and Venture Capitalist who need financial analysis of the Snail Farming and Snail Slime Extraction business for informed decision making.
5. Entrepreneurs who need expansion ideas for their businesses.