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HATCHERY BUSINESS PLAN

30,000.00

Revolutionize your poultry journey with our Hatchery Business Plan.

What exactly constitutes a hatchery? A hatchery serves as a facility dedicated to hatching fertile eggs, operated as a business endeavor. It can be likened to a maternity center where the transformation from fertile chicken eggs to chicks takes place. Hatchery technology encompasses the methodologies and techniques employed in utilizing incubators for the incubation and hatching of fertile eggs.

The Nigerian poultry industry presents a unique opportunity for trade and investments in certain aspects of
the value chains. The sector contributes 6 -8 % to real GDP annally about 30% to the agricultural GDP making
it the Largest producer of poultry eggs and fourth largest poultry meat producer in Africa. The industry has a
strong community of actors under the umbrella of the poultry association of Nigeria (PAN). The sector
supports the livelihood of more than 13 million households who earn part or all their income from poultry
business. Dutch private organizations are involved in major aspects of the chains, except for direct
production of meat and eggs.

Nigeria currently has the 2nd largest chicken population in Africa, with about 180 million birds placed annually (c.a. 30% Layers and 70% Broiler). Annually, 454,000 tons of meat (total meat produced) and 21 billion eggs are produced in Nigeria. The poultry sector is a 4.2 billion USD industry.

The consumption of poultry products in 2019 reach 2billion USD. The consumption per capita of eggs and meat in Nigeria is about 3.5kg and 2.5kg respectively. This is significantly lower than the worlds averages 9.4kg and 15.2kg. Despite low consumption per capita the country has experienced rapid growth in consumption of dairy products. Egg consumption has jumped from 366 thousand tons in 2000 to 598 thousand tons in 2015 and project to reach 947 thousand tons by 2030. In the same strength the poultry meat
subsector has grown from 158 thousand ton in 2000 to 317 thousand tons in 2015 and projected to reach 544 thousand tons by 2030.

The poultry feed industry is a major contributor to the robust economy of the value chain. Its trades in broiler and layers feeds at the price of 310 and 262 EURO/ton respectively. 60% of poultry feed users have reported satisfied with the quality and price products purchased. While 68% of poultry farmers reported satisfaction with DOC price and quality supplied. The Nigerian poultry sector is pivotally positioned to stimulate an Africa wide industry development and growth given its share size and experience.

Business Model: The model of the comprehensive business plan involves nurturing 18,500 Day-Old Parent Stock which will produce fertile eggs, the eggs will then be incubated and hatched into Day Old Chicks and Pullet. 3 cycles has been planned with each production cycle running for 19-months.

Production capacity: 10,000 Day-Old Broilers and Pullets daily.

Location: South-South, Nigeria

Pages: 41

 

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