why Setting up poultry feed mill business
why setting up poultry feed mill business? let us take a look at the poultry feed market, and how profitable is poultry feed business. The poultry feed market is estimated to reach $12 billion and is growing at a CAGR of 14.3% to reach $5.35 billion. India is currently one of the fastest growing animal feed markets in the world. The growing demand for animal protein and dairy products has led to an increase in the number of livestock in India, which has increased the demand for animal feed.
Currently, the aquatic, poultry, and dairy sectors account for a major share of the Indian animal feed industry. Poultry feed mill business is a lucrative business that has grown from a small scale to international markets in many countries. there are many countries such as the UK, Brazil, Philippines, China, Greece, USA, Japan, Thailand, Caribbean and even South American have been producing poultry feed on a large scale for a long time. poultry feed production business is just like animal feed business.
how much is Poultry feed business profit
Generally speaking, the annual profit of a poultry feed mill business is directly linked to the annual production capacity. In other words, the higher the annual output, the higher the annual profit. Usually the annual output of a small feed mill can be about 2000 tons. If the profit is calculated at 50-100 USD/ton, the annual profit is about 100,000 yuan.
how much starting Poultry feed production cost
Fixed capital and working capital
Fixed capital and working capital. Fixed capital is the one-time investment needed to manufacture your product. It is used for machinery, setting up factories and similar expenses. Working capital is used to pay for salaries, overhead, raw materials, transportation, storage, etc.
Plant and electricity costs
The construction of a feed processing plant needs to meet the basic requirements of feed processing equipment. For example, raw material workshop, processing workshop, finished product workshop. Electricity load verifies whether normal operation is possible. Plant power investment according to the local consumption level.
Raw material stock inventory costs
Raw material reserves cannot be interrupted. It needs to be based on the capacity of the equipment to ensure daily processing while not over-storing. Investment in raw materials is based on the level of market consumption, as well as the sale of the feed produced.
cost of Equipment for poultry feed production
If you want to invest in a larger poultry feed business, you will need about $70-1.5 million to start this business. Buying high-quality mixers and other machines from suppliers will require most of the money. After that, you must have a constant supply of the ingredients needed to make your food. Please note that the approximate figures above refer to the supply of machines and materials and do not include the location of the plant or the area where the business will be established. Factories can often be located in rural areas at very low cost.
how to Start poultry feed mill business
make a poultry feed mill business plan
Draft a poultry feed mill business plan for your poultry feed production business based on your research and study of the market. What is the production capacity of your poultry feed mill business? Who will be your target market? How do you plan to source raw materials? How do you plan to sell poultry feed? These are some of the questions you should answer in your poultry feed mill business plan. The poultry feed mill business plan will serve as your beacon to guide you in achieving your goal of establishing a poultry feed mill.
Conduct thorough market research
Conduct market research on the poultry in your area and plan to present your ideas to investors. Explain the uniqueness of your strategy compared to other players. Choose the most attractive areas to market your poultry feed mill business plan and calculate your revenue projections to set your initial market share.
People And Equipment
Equipment is the top priority in how to run poultry feed mill business. Equipment requires simplicity and efficiency, with a focus on production performance that allows equipment manufacturers to select reasonably priced parts and maintain easy-to-maintain service. Relatively speaking, the return on investment for feed mills is still high. If we can continue to improve the quality of our products while working to build our team and do precision work in our local regional markets, the outlook remains very positive.
Selecting the location of the poultry feed mill
setting up poultry feed mill business is the need for an independent plant, the workshop should also meet the requirements of the production process. Anyway, the wider the better, the location can be a little remote, which does not matter,. but the traffic must be convenient. It is best to stay away from residential areas, so that there will be less trouble. And the site needs to have good lighting, dust removal, ventilation and fire-fighting measures.
In summary, setting up poultry feed mill business be able to earn a lot of money. And this industry is low entry, the investment does not need to be very large, is a very good industry.
How to start selling poultry feeds
how to start selling poultry feeds through the new media, do these points, a steady stream of customers to find you:
Combining online and offline to promote the marketing of poultry feeds
you can allow poultry farmers to see the poultry feeds you manufactured in the physical store. At the same time, based on the Internet, the production, circulation and sales process of goods are upgraded through the use of big data, artificial intelligence and other advanced technological means. In turn, the industry structure and ecosystem is reshaped, and the online service, offline experience and modern logistics are deeply integrated to improve the user experience and satisfaction.
Marketing with technology-led tools
Led by forward-thinking technology. The technology business team uses technology tools, takes a series of technology approaches, and focuses on providing efficient management solutions for your clients’ marketing approach. Technology marketing is not a formality, not to complete the task, but a real technology on the ground, which is real advanced technology through technology for marketing.
Leverage various social platforms
Social platforms have a huge user base, merchants can use various social platforms, such as Facebook, twitter, YouTube, LinkedIn and other social platforms to let customers quickly understand your products, so as to achieve online and offline social interactive marketing methods.
Cross-border e-commerce refers to the transaction subjects belonging to different countries and regions. Through the e-commerce platform to reach a transaction, electronic payment settlement. And through cross-border e-commerce logistics and off-site storage delivery of goods, so as to complete the transaction of an international business activities.