The success and profitability of a small scale poultry farming enterprise in the Philippines pretty much depends on the dedication, skill and hard work of the person starting the poultry enterprise. Without the commitment and the willingness to learn and improve constantly, you are going to burn your fingers pretty fast.
All entrepreneurs have a special something that sets them apart from others. It is a strait that is measurable by psychological tests as well as social indices. No matter their industry, people with these traits often succeed beyond imagination. One of the main ingredients of a true entrepreneur is a hunger for success and persistence. They don’t give up and have an eye for efficiency. They will constantly look for numerous ways through which they can skin the cat until they arrive at the right one that will make them a fortune.
When it comes to starting poultry business in the Philippines, you must bring with you the entrepreneur’s mindset: a willingness to take risks, an eye for efficiency in processes and persistence.
Initially, the decision to venture into a poultry business in the Philippines is generally a very personal one. Perhaps you need to try out something new, create a new income stream, solve the food security problem in your backyard and so on.
Most people generally have the idea pretty much figured out and they know what they are going to do. However, some people still have to go through a discovery or exploratory phase with aim of identifying the various business opportunities in the Philippines poultry value chain.
In spite of the rapid expansion in the Philippine poultry industry in the recent years, there is still a gap in production and consumption in poultry meat in the country. Rapid population growth and fast rising incomes means that there is still a huge domestic market for chicken in the country. It also helps that Filipinos love their chicken and this create a massive local poultry demand that any investor can exploit and earn huge profits.
As a poultry investor in the Philippines, you can be a breeder, producer, integrator, input supplier, processor, equipment supplier, service provider and many other roles that will all prove profitable. There are lots of business opportunities that are available in the Philippines poultry value chain that any savvy investor can exploit. Here is a low down on some of these huge opportunities:-
Poultry Feeds Raw Material Supplier: As a farmer, you can grow corn, soya, sunflower or rice etc for sale to the poultry feed manufacturers in the Philippines or to farmers that are mixing their own poultry feeds in their backyards.
As a Breeder: You can run a parent or grandparent farm for particular poultry breeds and brood day old chicks into month old chicks for sale to farmers who fear the risks of chick placement and brooding. The returns for this enterprise are typically huge, especially if you are brooding native chickens or commercial layers.
Become a Contract Farmer in the Philippines: You can join any of the contract poultry farming companies in the Philippines such as SMFI and Vitarich and grow chickens under contract that you will subsequently sell to the contract poultry farming company. As a contract grower, you are also entitled to technical support from the contract farming company among other forms of support.
Make Poultry Feeds: If you have the technical expertise in least cost poultry feed formulation, you can formulate poultry feeds and sell to independent poultry farmers. There is still room for more players in the industry.
Agrovet: You can run an agro-vet supplies and stock various poultry related farm inputs such as vaccines, poultry feeds, feeders, drinkers and many others. This can be a lucrative business in an area with numerous poultry farmers.
Poultry Equipment Suppliers: Buy common and essential poultry equipment in bulk, enjoy advantageous pricing and resell these to the farmers in your locality at a profit. The poultry equipment business is generally a lucrative one. However, it is important to study the market so you can figure out what sells in your locality.
An Abattoir: You can start an abattoir that will safely process chicken from farms before sale for consumers that prefer dressed chickens. This can be a great investment in a locality with many independent growers.
Chicken Transportation: Chicken transportation is generally a headache due to the stress and losses that it inflicts on the flock. You can form a business as a specialized transporter that caters to the poultry farming niche.
Training and Extension Services: If you are qualified in animal science with a specialization in poultry farming, you can organize poultry farming workshops and seminars to equip farmers with relevant skills at a small fee. You can go as far as offering farmers in your locality extension services.
Poultry Housing Solutions Provider: One of the biggest challenges farmers face is how to build an ideal poultry house or coop that will provide an optimal environment for their flock. If you have a specialization in this area, this could be your niche.
Poultry Technology Provider: There are various cutting edge technologies and devices that are used in poultry farming in the Philippines. These range from lighting and ventilation solutions to hatchery, incubation, feed formulation, chicken dressing and other poultry farming processes. Become the one-stop solution for poultry technologies in your locality in the Philippines.