How To Make Money Starting A Snail Farming Business In Nigeria

Snail farming in Nigeria is one of the MOST LUCRATIVE BUSINESS for young entrepreneurs in Nigeria. Snail farming is a practical and viable business venture that is yet to be fully explored in Nigeria and the rest of Africa.

Snail farming may not be the first thing that jumps to mind when thinking of GOOD BUSINESS IDEAS THAT YOU CAN DO. This post will open your eyes to the amount of hidden-wealth that can be realized by starting a snail farming business in Nigeria.

Why Snail Farming?

The market opportunity for snail farming in Nigeria and in Africa is huge but grossly underrated. Snails are a huge part of the diet in many parts of Africa, although they are not always affordable and available all year round. If you rear snail in commercial quantity, hotels, and fast food restaurants will be your regular customers.

In Nigeria, the prices of raw, matured snails go for N250 to N600 depending on the size. However, the annual demand for snail in Nigeria is about 7.5million kg annually. The international trade in snails is flourishing in Europe and North America. The United State America imports more than $4million worth of snails annually from all over the world, including Nigeria.

For many years now, snails handpicked from the farm or bush has been the only way to get snails to the market and dinner table. Currently, the demand for snail is higher than the supplies, an indication that the market potential of snail is inexhaustible, locally and internationally. Starting both small and large scale snail farming businesses in the only way to fill up the spaces between the demand for snail and its supply in Africa.



Cost of Starting A Snail Farming Business
The mandatory expenses you need to account for if you’re wondering how to set up a snail farm include: housing, buying fresh snails, feeding, handling and processing the snails, marketing, and transportation.

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.

This is made possible because of the availability of very highly prolific Achatina achatina species of snails, which lay 200 – 400 in one batch two-three times a year. If you produce 100,000 snails that sell for N250 each, which is N250 X 100,000, you will be making N2,500,000. You will be making N25,000,000 per annum or more than that if you produce 1,000,000 snails. In terms of cost and time, snail farming is a low-risk business. Unlike many other livestock businesses, snail farming requires very little startup and operating costs. You can even set up your snail farm at the backyard of your house to save cost on the purchase of farmland.

The best time to start up a snail farming is the rainy season especially from July to October because that is the time snails normally start to breed. You should also note that prices of snails multiply during scarcity between March and December, which is the dry season.

FOR A COMPLETE GUIDE ON HOW TO START A LUCRATIVE SNAIL BUSINESS CALL /WHATSAPP ME ON 08062773986