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10 types of fish farming you can engage in!

Fish farming is the generalized and commonly used term for the technique of aquaculture. In fish farming, the baby fishes are either produced by artificial breeding of the fish brooders or collected from the natural waters and then stocked in the man-made ponds. These are then grown on the natural food in the pond supplemented by the other man-made feeds. After the fishes grow to the marketable size say of ½ to one kilo or more, the fish is harvested and sold in the market.

10 types of fish farming

1. Fish hatchery

Hatchery is a kind of artificial fish breeding place, which carries out reproduction, hatching and growth in various stages of the life cycle of fish. Choosing the right fish is very important. Some common fish in hatcheries are shrimp, Tilapia, Salmon, Scallops, Carp fish, etc.

2. Tilapia fish farming

Tilapia farming is very profitable. Some of the main reasons tilapia is profitable include its high protein content, rapid growth and large size compared to other fish.

3. Shrimp farming

Shrimp farming is another fish farming business that is considered profitable. The demand for shrimp is so high that you can start small or large.

4. Crab farming

Crab farming is another lucrative business. When running a crab farming business, you can reduce land and labour costs, and you can produce commercial quantities in a small area. Crabs grow very quickly and are highly accepted and desired in the market. Pricing is also great.

5. Prawn farming

Prawn farming is another fish farming business, where there is a lot of profit, probably due to the high demand for prawn.

6. Ornamental fish farming

Ornamental fish are loosely called ornamental fish. They are beautiful, gorgeous and colourful. The demand for ornamental fish has increased greatly and there is a good market for them.

7. Cat fish farming

This is one of the most common fish farming operations. The cat-fish business is so profitable that farmers can easily combine it with other fish. In any case, startup costs are reasonable, depending on your location. You can easily start small.

8. Carp fish farming

This is another fish farming business where you can delve into and capture the market. Carp are known as omnivorous fish, although they tend to eat animal foods as molluscs, as well as worms and insect larvae. You may not necessarily spend too much on feed when you are in the carp farming business.

9. Salmon fish farming

Salmon is a fish that is considered a carnivore. You can also drill down into salmon farming and start producing commercial quantities.

10. Indoor fish farming

You can start an indoor fish business from your backyard, in a tank, for very little money.

Benefits of fish farming

1.    The demand for fish in the market is high and so fish can give you a better income.

2.    Fish contains a high amount of protein and other essential minerals, therefore, the price for it is also high.

3.    The central and state government gives subsidy for fish farming which reduces the investment cost for farming.

4.    Fish farming also acts as a side income source for farmers beside other farming/ cultivation.

5.    The Maintenance and care for fish farming is less, therefore, maintenance cost is low.

6.    It is riskless farming unlike other agriculture farming depend on the climatic condition and seasons where it depends on the water source and maintenance practice.

7.    For fish farming, SBI and other banks provide a loan at a low rate.

8.    Fish farming recovers its farming cost faster in comparison with other farming.

9.    In other crop cultivation, the harvested crop has a chance of low market price if market supply is high but in fish farming, the rate of fish is uniform throughout the year.

10. Fish farming has low investment and is highly profitable.

Questions about how lucrative fish farming really is?

Questions such as “What is the average fish farming profit margin” How does it compare to shrimp farming profit margin? “How profitable is fish farming?” “Is fish farming more lucrative than poultry?” “Do you make money in fish farming” etc. tends to come from prospective individuals who are looking at setting up a fish farming business.

Interestingly, these questions often lead to debates led by unwitting users who may not even raise fish.

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