Introducing our meticulously crafted Feed Production Business Plan, expertly tailored for the Nigerian and African markets. This comprehensive document offers a deep dive into the feed production industry, providing detailed financial projections, in-depth market analysis, a robust production plan, and a strategic sales approach.
Our business plan is your roadmap to success, providing valuable insights and strategies to capitalize on the booming demand for poultry, ruminant, and horse feed. Equip yourself with a blueprint for profitability and growth in the ever-evolving agricultural landscape.
Table of Contents
EXECUTIVE SUMMARY …………………………………………………………………………………………………….. 5
Table 1: Project Summary ……………………………………………………………………………………………………. 6
2.0 JUSTIFICATION OF THE PROJECT …………………………………………………………………………… 7
2.1 The Need for the Project …………………………………………………………………………………………… 7
Poultry Population ………………………………………………………………………………………………………….. 7
Fish Production ………………………………………………………………………………………………………………. 7
Pig production ………………………………………………………………………………………………………………… 8
Benefits of Commercially Manufactured Feed ……………………………………………………………………. 8
2.2 Competition Analysis ……………………………………………………………………………………………….. 9
3.0 MARKET ANALYSIS ………………………………………………………………………………………………. 11
3.1 Structure of the Industry …………………………………………………………………………………………. 11
3.2 Demand vs. Supply ………………………………………………………………………………………………… 12
3.3 Pricing & Marketing Strategies………………………………………………………………………………… 12
3.4 Technological Changes that could Impact Costing ……………………………………………………… 15
Competitiveness of the Project ……………………………………………………………………………………….. 15
Special Attributes Desired by Target Customers ……………………………………………………………….. 15
3.5 Terms & Conditions and Product Specifications desired by target customers ……………………… 16
Types of poultry feed …………………………………………………………………………………………………….. 16
Nutrient Content of Poultry Feeds …………………………………………………………………………………… 16
Types of pig feed ………………………………………………………………………………………………………….. 17
Types of fish feed ………………………………………………………………………………………………………….. 17
Packaging & Transportation …………………………………………………………………………………………… 18
3.6 Assessment of Comparative Advantage ……………………………………………………………………. 18
Potential for Marketing Collaboration ……………………………………………………………………………… 18
4.0 RESOURCE ……………………………………………………………………………………………………………… 20
4.1 Sources of Inputs ……………………………………………………………………………………………………. 20
4.2 Comparative Analysis of Critical Inputs ……………………………………………………………………. 20
4.3 Sources of Raw Materials for Poultry, Pig, and Fish Feed …………………………………………… 21
4.4 Availability of Manpower and Skills ………………………………………………………………………… 23
5.0 THE PLANT …………………………………………………………………………………………………………….. 24
5.1 Choice of Technology for the Feed Manufacturing Process …………………………………………. 24
Machinery & Equipment Required for Poultry, Pig, and Fish Feed Producing Plant ……………… 25
5.2 Source ……………………………………………………………………………………………………………………….. 26
Composition …………………………………………………………………………………………………………………. 27
Equipment and Machinery Sources …………………………………………………………………………………. 29
5.4 Raw Material Consumption …………………………………………………………………………………….. 30
5.5 Manpower Requirement & Organization Chart ………………………………………………………….. 30
9.0 COST PRESENTATION ……………………………………………………………………………………………. 32
Project cost/ Total Investment …………………………………………………………………………………………. 32
Cost of Project: …………………………………………………………………………………………………………….. 32
Means of Finance ………………………………………………………………………………………………………….. 32
9.1 Capital Costs …………………………………………………………………………………………………………. 33
Machinery ……………………………………………………………………………………………………………………. 33
Other Fixed Assets ………………………………………………………………………………………………………… 33
Preliminary Expenses …………………………………………………………………………………………………….. 34
Preoperative Expenses …………………………………………………………………………………………………… 34
9.2 Operating Cost ………………………………………………………………………………………………………. 35
Cost of Utilities …………………………………………………………………………………………………………….. 36
Manpower Costing ………………………………………………………………………………………………………… 36
Cost of Goods Sold: ………………………………………………………………………………………………………. 37
10.0 FINANCIAL ANALYSIS ………………………………………………………………………………………….. 38
10.1 Profitability …………………………………………………………………………………………………………… 38
Break Even Point, Return On Investment, and Net Present Value/Internal Rate of Return: ………… 45
Final Finding and Recommendation ……………………………………………………………………………………….. 48
1. Market Potential: ……………………………………………………………………………………………………….. 48
2. Cost Analysis: …………………………………………………………………………………………………………… 48
3. Financial Viability: ……………………………………………………………………………………………………. 48
4. Risk Assessment: ………………………………………………………………………………………………………. 48
Recommendation: …………………………………………………………………………………………………………….. 48
