How to Start a Poultry Feed Manufacturing Factory
A poultry feed mill or a poultry feed pellet manufacturing plant is always a profitable business due to the massive demand for high quality poultry feeds. As long as you can differentiate yourself and offer your customers better quality or something unique, you can always have farmers willing to try out your poultry feed products. The most important thing is to identify the market need where the current poultry feed suppliers are under-performing and then make the investments to fill the need.
Here are some of the steps that you can undertake when you are planning to start a poultry mill:-
Carry Out Market Research
Where is the gap in the current poultry feed market in your country? Who are the main players? What do they provide? How can you fill the gap and offer farmers something different? If you are not going to differentiate yourself, you are going to find it hard grabbing the market share from the current market leaders. Get some insight into the current poultry feed market and you will have an easy time identifying loopholes in the market that you can exploit with your poultry feed brands. If possible, you can hire an expert to carry out a feasibility study on the market before you proceed with your investments.
Acquire the Training and Technology on Poultry Feed Formulation
Poultry feed formulation is a science. You must mix the right set of ingredients through a least cost feed formulation in order to come up with the optimal poultry feed that will meet the nutritional requirements of poultry of a particular age and which is also economical to produce.
You need to have a veterinarian background with a focus on poultry feeding to be able to formulate high quality poultry feeds on your poultry mills. Alternatively, you may simply hire a poultry feed formulation specialist who will be in charge of operations at your poultry mill.
Have a Business Plan
Based on your above research and insight, draft a business plan on the form your poultry feed mill will take. What will be the capacity of your poultry feed mill? What will its management structure be? Who will be your target market? How do you plan to source your raw materials? How do you plan to distribute the finished poultry feeds? What will your marketing plan be? How do you plan to secure capital for the poultry feed mill? These are some of the questions that you should answer in your business plan. The poultry feed mill business plan will serve as your lighthouse, guiding you towards your objectives of setting up your poultry feed mill plant.
Get a Good Location
Poultry feed milling plants need to be built in specific locations and you will most likely need a local council clearance before you proceed with the project. It is most prudent to position a poultry feed milling plant in a location with numerous poultry farms as you will have a ready market for your finished products.
Buy the Poultry Feed Mill Machinery
The easiest way to make poultry feed mill machinery is by sourcing them from China. We have outlined in several articles on this website on the type of poultry feed machinery that you should purchase as well as the considerations that you need to keep in mind when sourcing your poultry feed mill machines.
Procure Raw Materials and Begin Processing
Sign deals with the raw materials suppliers in your locality and begin processing the first batch of poultry feeds for your requirements. It is always important to maintain a reliable supply line that will ensure that your feed processing line runs at all times.
Brand and Market Your Poultry Feed
There are various ways to brand and market your poultry feeds. Branding is often about product differentiation. Tell your customers why your poultry feeds offer customers a superior advantage. When it comes to marketing, there are various for a that you can use to reach out to farmers. These include agricultural shows and exhibitions, agricultural magazines, TV and radio commercials among many others.