SNAIL FARMING BUSINESS PLAN

TABLE OF CONTENTS

1.0    Executive Summary

1.1    Business Overview

1.2    Business Objectives

1.3    Startup Capital and Funding Needs

1.4    Profitability and Return on Investment (ROI)

2.0    Business Description

2.1    Industry Overview

2.2    Company Description

2.3    Mission Statement

2.4    Vision Statement

2.5    Core Values

3.0    Market Analysis

3.1    Industry Trends in Nigeria

3.2    Target Market Segmentation

3.3    SWOT Analysis

3.4    Competitive Analysis

3.5    Demand Forecast

4.0    Organizational and Operational Plan

4.1    Business Structure

4.2    Daily Operations

4.3    Facility Description

4.4    Production Capacity

4.5    Legal Compliance

5.0    Organizational Structure and Management

5.1    Organizational Structure

5.2    Management Team

5.3    Staff Recruitment and Training

6.0    Marketing Plan

6.1    Market Analysis

6.2    Target Market Segmentation

6.3    Unique Selling Proposition (USP)

6.4    Pricing Strategy

6.5    Promotion Strategy

6.6    Distribution Channels

7.0    Operational Plan

7.1    Farm Location and Site Description

7.2    Production Process Flow

7.3    Facility Layout

7.4    Equipment and Tools

7.5    Operating Hours and Calendar

8.0    Financial Plan And Projections

8.1    Startup Capital Requirement

8.2    Revenue Projections (Year 1)

8.3    Operating Expenses (Annual)

8.4    Profitability Analysis (Year 1)

8.5    Break-Even Analysis

9.0    Risk Analysis And Mitigation

9.1    Identified Risks

9.2    Mitigation Strategies

10.0 Implementation Timeline

11.0 Conclusion And Recommendations

1.0 Executive Summary

1.1 Business Overview

Evergreen Snail Farms is a proposed agro-venture specializing in the breeding, rearing, and distribution of edible snails in Nigeria. Located in the fertile agricultural zone of Ibadan, Oyo State, the farm will focus on the commercial production of the African Giant Land Snail (Achatina achatina), a highly nutritious and sought-after delicacy both locally and internationally.

The demand for snail meat in Nigeria has consistently exceeded local production, leaving a significant gap in the market, especially during the dry season when wild snails are scarce. Our business seeks to close this gap by engaging in sustainable, year-round snail production using intensive farming techniques under controlled environments.

We will also diversify into value-added products such as packaged frozen snail meat, snail slime for cosmetics and pharmaceuticals, and processed shells for ornamental and calcium-rich livestock feed products. Our model emphasizes eco-friendliness, food security, and economic empowerment for rural youth and women.

1.2 Business Objectives

1. To establish a modern snail farm with a production capacity of 50,000 mature snails annually within the first year.
2. To become a major supplier of edible snails to major cities like Lagos, Abuja, Port Harcourt, and Ibadan.
3. To process and package at least 2 tons of frozen snail meat monthly by the end of Year 2.
4. To generate a net profit margin of at least 30% annually.
5. To empower at least 100 women and youth through training and cooperative-based contract farming models within 3 years.

1.3 Startup Capital and Funding Needs

Funding will be sourced from a combination of owner’s equity, soft loans, and potential grants from agriculture development programs (e.g., CBN’s Anchor Borrowers Program, BOA Loans, or NIRSAL Microfinance Bank).

1.4 Profitability and Return on Investment (ROI)

With a modest starting population of 5,000 breeder snails and an annual multiplication potential of 5 to 7 times per snail, Evergreen Snail Farms projects a gross revenue of ₦12 million to ₦18 million by the end of Year 1, with a profit margin of over 30% by Year 2.

2. Business Description

2.1 Industry Overview

Snail farming (heliciculture) is one of Nigeria’s most underexploited agricultural sectors despite its huge economic potential. The Nigerian Institute for Oil Palm Research (NIFOR) and the Institute of Agricultural Research and Training (IAR&T) have emphasized the need for domestic snail farming due to rising demand and declining wild populations.

The global edible snail market was valued at over $1.2 billion in 2022 and is growing due to increased demand for low-cholesterol protein and snail slime for cosmetics. In Nigeria, snail meat is a delicacy enjoyed across regions and religions, offering a huge consumer base.

Challenges such as seasonal supply, poor handling, lack of standardized packaging, and low investment in breeding infrastructure present major opportunities for well-structured farms like Evergreen to fill the market gap.

2.2 Company Description

Business Name: Evergreen Snail Farms
Founder: Mr. Tunde Afolabi (Agriculturist and Entrepreneur)
Location: 2-acre leased farmland, Moniya, Ibadan – Oyo State
Business Structure: Sole Proprietorship (upgradeable to Limited Liability Company)
Core Services:

• Breeding and sale of live snails
• Sale of frozen, processed snail meat
• Snail slime extraction and supply
• Training and consultancy
• Partnership and contract farming with rural youth and women

2.3 Mission Statement

“To revolutionize the snail farming industry in Nigeria by producing high-quality snails and value-added products through sustainable and innovative methods.”

2.4 Vision Statement

“To become Nigeria’s most trusted and profitable snail farm brand, recognized for quality, innovation, and economic empowerment.”

2.5 Core Values

• Sustainability – Our practices preserve the environment and biodiversity.
• Integrity – Transparent operations and honest dealings with clients and partners.
• Innovation – Adoption of modern farming and processing techniques.
• Community Empowerment – Uplifting rural communities through skills and partnerships.