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7 Ways to Start Shrimp Farming Business

Shrimp Farming Business: Shrimp farming is a profitable business in the aquaculture industry. In fact, it is a multi-million dollar industry nowadays. And any individual can make a six figure income from his or her small-scale shrimp farm. The most interesting thing is, this business doesn’t demand any university degree at all. However, you must have some technical skill about the farm management practice. In addition, the business demands dedication and routine checkup and monitoring.

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How to Start Shrimp Farming Business in Nigeria - businesshab

Shrimp Farming Business

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To get success, it is important to produce quality products. So you must get the resources in your hand to get the enough knowledge about everything of shrimp farming. You must have the right knowledge about equipment, larvae, supplies, medicine, feed, feeders The business has immense export potential. Frozen shrimp gives more profit to the owners rather than fresh shrimp for the domestic market. In this post, find valuable detail information about starting a small scale shrimp farming business.

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1. Things To Consider Before Starting Shrimp Farming

If you’re serious about raising shrimp for profit, there are several questions you need to consider:

  • How many types of shrimp species are there? Which ones should I raise?
  • How much does it cost to get started?
  • What type of food do shrimp eat?
  • How do you feed growing shrimp?
  • What enemies or predators do shrimp have?
  • How much space do you need for raising shrimp?
  • Are there any permits or licenses needed?
  • Are there any associations, clubs or organizations relating to shrimp farming and aquaponics where you can get support?
  • How to test the water quality in the ponds? And what type of water quality you must maintain for your shrimp farm.

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Shrimp Farming Basic Steps

2. Get Registration & License

Before you start your farm, contact the local authority. Check what licenses is essential for shrimp farming. Most states will require you to purchase an aquaculture permit in order to operate a commercial shrimp farm. In addition, register your business as per your states’ law.

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3. Site Selection

The success of freshwater shrimp farming hugely depends on the pond or waterbodies you are using. You will need to select a pond which is not freshly dug. Newly dug ponds yield poor results in the first year. Because there is not enough supply of food available in the ponds. In addition, you must procure the juvenile shrimp from a commercial hatchery.

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4. Establishing The Farm 

You can establish your shrimp farm by several different ways. It includes the pond, large tank, swimming pools and any water containers. However, a natural pond yields the best shrimp production for commercial farming. In addition, you will need to arrange a good flow of fresh water in the water body. To know the PH balance, you must test the soil. However, having a PH level of 6.5 is the best suitable for the shrimp farming. Shrimp are sensitive to pesticides and chemical-based fertilizers. So only add natural organic fertilizers to ensure plenty of natural food for your shrimp.

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5. Stocking The Juvenile Shrimp

Before stocking, ensure that there are no harmful insects. If you find insects, use an organic method for removing these insects and larva. Check that there is no harmful other fish. In addition, a temperature within 6° F is the best suitable for juvenile shrimp. You can tock shrimp at the rate of 12,000 – 16,000 per acre. Lower stocking density increases the size of the shrimp. However, it decreases the total poundage of yield.

Shrimp Farming Business

6. Feeding

Feed your shrimp twice a day. Use commercially manufactured special shrimp feeds. Start feeding when the shrimp exceed the size of 5.0 grams or greater. You can also use high-quality imported shrimp feeds.

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7. Harvesting

You can start harvesting after 2 months of the stocking. However, you must check that the shrimps are grown as market size. There are two ways of harvesting. One is cull-harvesting and another is drain harvesting. According to the available infrastructure, you can opt for the best one. It is important to match production levels and marketing strategies. Otherwise, you will need to arrange the adequate storage facility.

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Shrimp Farming Business

If you are really serious about starting a shrimp farming business, I will recommend you to try ‘Shrimp Farming Guide’ package. This is a wonderful text manual on how to start a profitable shrimp farm. The author of this book JT Abney has shared the every detail of starting a sustainable and profitable shrimp farming business. Click Here.

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