Detailed Project Report, Profile, Business Plan, Industry Trends ...

[Pages:70]Start Commercial Pig Farming Business

Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout, Process Flow Sheet, Cost of Project, Projected Balance Sheets, Profitability Ratios, Break Even Analysis

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Introduction

Commercial pig farming in India for meat production is one of the best and profitable business ideas for the Indian people. There are several highly meat producing pig breeds available around the globe. Some of those are very suitable for commercial meat production according to the weather and climate of India. A few years back, pig farming had a bad image in the society (only socially back warded down-trodden class Indian people used to raise pigs since the time immemorial and they were not respectable people).

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But at present the scenario has changed tremendously and commercial pig farming in India is no more restricted to lower class people. Now people are conscious about the economic value of pigs like other domestic livestock animals. And higher caste, educated people also started commercial pig farming business in a modern and scientific manner. China, Russia, America, Brazil and West Germany are the world largest pig producing country. In India Uttar Pradesh is the largest pig producing state.

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Advantages of Pig Farming:

Pigs grow faster than any other animals. They have higher feed conversion efficiency. That means, they have a great feed to meat converting ratio. They can convert all types of inedible feeds, forages, certain grains byproduct obtained from mills, damaged feeds, meat byproducts, garbage etc. into valuable, nutritious and delicious meat.

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Pigs can eat and consume almost all types of feed including grains, damaged food, forage, fruits, vegetables, garbage, sugarcane etc. Sometimes they even eat grasses and other green plants or roots. Pigs become mature earlier than other animals. A sow can be bred for first time at their age of 8-9 months. They can farrow twice a year. And in each farrowing they give birth of 8-12 piglets.

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Pork has high energy due to high fat percentage. Initial investment is very low in setup piggery unit. High meat percentage are produced by pigs.

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Market Outlook

Pigs are one of the oldest forms of livestock, having been domesticated as early as 7000 BC. Pig farming is very important component in North East India. Out of total pig population in India, 28% are grown in this region. India's imports of pig meat increased at an average annual rate of 11 percent.

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In 2015, the volume jumped 28 percent from the previous year. India imports about 527 tons a year which is mainly destined for hotels, restaurants and supermarkets. The major exporters to the Indian market are Belgium, Sri Lanka and Spain. The most frequently imported products are pork belly, chops, loin, tenderloin, neck, shoulder, spare ribs, bacon, ham, salami and sausages.

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