Fish and Prawn Feed
PROJECT DESCRIPTION
The production of fish meal from fish offal and surplus fish benefits both the national economy and the fisherman and should not be regarded as a salvage operation. If the raw material is of an only nature, for example herrings, fish oil is recovered as an additional product and finds a variety of outlets, much of it going, after suitable refining treatment, into edible fat mixtures. Prawns (shrimps) are produced from the sea, estuaries, brackish water lakes and fresh water areas, both by fishing as well as by farming. Prawn farming is nothing but culture of prawn in an enclosed water body. There are several varieties of shrimps and only four of them are considered to be viable for farming at present in India.
Fish farmers in India have increased access to high-quality feed this year, as Cargill has opened its first feed plant dedicated to fish species in the country. Aqua Feed Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,’ states that the market is predicted to expand at an 11.40% CAGR during the period between 2013 and 2019. Seafood production has been surging in India at the rate of 4% annually, since 2012, and the aquafeed demand in the country is also anticipated to be doubled, by 2022. Entrepreneurs who invest in this project will be successful.
Few Indian major players are as under
• Avanti Feeds Ltd.
• C P Aquaculture (India) Pvt. Ltd.
• Grobest Feeds Corpn. (India) Pvt. Ltd.
• Growel Feeds Pvt. Ltd.
• Kerala Feeds Ltd.
• Kwality Animal Feeds Pvt. Ltd.
| Plant capacity |
Plant & machinery |
Working capital |
Cost of Project |
T.C.I |
Return |
Break even |
| Fish Feed: 30 MT/Day Prawn Feed: 30 MT/Day |
84 lakhs |
- |
39000000 |
Cost of Project : Rs 390 lakhs |
28.00 |
60.00 |
