Pig farming, is a branch of animal husbandry which is referred to as the process of breeding and raising domestic pigs for personal or commercial purposes.
Pigs are largely originated from Africa and they belong to the genus “Sus” meanwhile the domestic pigs raised are descendants of their ancestors.
It may surprise you to know that pork (pig meat) is the most widely consumed meat in the world, followed by poultry and beef. Surprised, right?
The value of trade in pig products around the world runs into billions of dollars every year and Africa enjoys less than 5 percent of this action. China, with a fifth of the world’s population, is both the largest producer and net importer of pig products on the planet!
As you will find out in this article, pig products have some of the most versatile uses on earth. Pigs probably have the highest profit potential of all farm animals because they cost little to feed and maintain, and produce much more meat than cattle, goats and sheep!
Read Also: The Art and Science of Farming Pigs
Business Opportunities in Pig Farming Around the World
1) Food Production
There is an extremely high consumption of pork meat and other pig related products around the world. Due to this excessive consumption and demand for pig products, it makes it a very lucrative farm business to venture into.
With demand of pork meat and other pig related products far exceeding the supply, then rearing the right breed of pig breed and supplying to your associates either local or international, makes it a highly lucrative business for both beginners and experienced pig farmers to carryout.
According to research, Pig skin though sensitive can be great leather products used in manufacturing American footballs, boots, furniture, shoes, belts, gloves, saddle seats, etc. and with its business opportunities spanning into the leather industry, it gives the farmer the ability to diversify pig farming income from just food production to leather production which can eventually lead to an increased return on the farmer’s investment.
Benefits of Pig Farming
1) The pig’s rate of reproduction is very high.
2) It serves as a good source of income and employment.
3) It also has an excessive global demand than supply.
4) Generally, Pigs have low mortality rate.
5) They are cheaper to raise than many other farm animals.
6) They also have a strong immune system.
7) They can sell at great prices.