Farmed fish production has doubled in the last 15 years. Many critics believe that this widespread growth of fish farming business has helped small farmers to survive in addition to bringing massive profits to large farming businesses. It has also reduced the burden on ocean fish resources, thus protecting them from the extinction.
Fish farming facts
Fish farms are efficiently meeting consumer requirements. In fact, fish farms are producing a quarter of the total global fish consumption by humans. Over 220 species of fish are farmed around the world turning out to be over 30 million metric tonnes of fish food for humans.
More fish farming facts
It is a fact that fish farming has helped farmers in Africa and Asia. The market is growing in these countries, which means good news for the fish farmers. At the same time, massive scale fish farming has helped to reduce the food drought that is so common in Africa and Asia.
If you are planning to start your fish farming business considering these fish farming facts, you have to make sure that you do it the right way. You will have to start with a proper business plan instead of relying on fish farming facts alone. It will include details about your business, your future goals, and finances. Once you have a plan, you will easily turn an ordinary fish farming business into a massive profit generating business.
To start your own fish farming business, keep the following fish farming facts in mind.
Fish are environment sensitive. This means you can’t just put them anywhere you like. You have to research about species that will grow well in your climate. Similarly, you will have to ensure that you are giving them a perfect environment by providing ample pond space.
Fish farming can go wrong if you have chosen the wrong harvest season. Some fish only breed during certain type of weather while others won’t survive tough weather conditions. Therefore, you have to make sure that you have the right specie in the pond according to the season and climate of your pond location.
Some fish need salty water while others require fresh water to grow. If you make a mistake and have wrong fish in the wrong water, you are going to lose your harvest.
Untreated wastewater leads to pollution and diseases spread within the fish kingdom. To run your business successfully and without threatening the environment, you will have to clean the pond regularly and treat the wastewater according to the highest standards.
Not all fish types are in demand. This means that if you end up producing a fish specie that has no market value, you are going to be on the losing side. Therefore, make sure that you do comprehensive market research before you bring new species to your pond.
Packaging, marketing, and delivery of fish can help you to increase profits. So if you are selling fish to a wholesaler from the pond directly, try getting involved with the value chain yourself. You will quickly notice your profits going double.