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There are several types of fishing farming businesses. You can grow fish to be eaten as, to be stocked for anglers, or to supply aquariums. Fish farming doesn’t always require a large body of water. For many species, fish farms can be located indoors or outdoors.
Getting started raising farmed fish does require a significant financial outlay. You can make good profits, depending on the type of fish farming you do and the fish species you choose.
We’ll take you step by step, from how to get started to how to run the business.
How To Start Fish Farms: 14 Key Steps
You have a myriad of decisions to make. Beyond deciding whether to operate indoors or outdoors, there are other key choices. What kind of fish should you farm? What type of business will your farmed fish supply – the food industry? Sport angling?
One consideration that will help you make a choice is to take a look at the competition in the area. The fish farming segment of the aquaculture industry is steadily growing. If someone in your geographic location already has a lock on live tilapia, for instance, you may want to consider other fish.
1. Decide on the Fish Species You will Farm
Freshwater – Tilapia and catfish are the most common species grown in the US. Both are fast growers. Tilapia are often the chosen species for indoor fish farming because of their need for a constant warm water temperature between 82 and 86 F. Worldwide, carp (Common, grass, silver and Rohu)are the most commonly grown species. Rainbow trout are the most common trout species grown.
Saltwater – Atlantic Salmon farms are a big niche of the aquaculture industry. Farmed salmon can be grown in cages or net pens that are set into salt water. Bluefin tuna are another popular fish species, also grown in a cage system or net pens, to keep them separate from wild fish.
Glass eels are the juvenile stage of the European eel and an important part of the food chain. They are grown and cultivated as a fish feeds for species that are carnivores, such as farmed salmon and other aquatic animals and marine mammals. They aren’t grown to become food. They are key parts of the food chain when you’re raising fish – such as bluefin tuna and even salmon – that eat other smaller fish.
British Columbia and Vancouver Island lead the world in salmon farming. Asian markets lead the world in demand, with South America showing strong growth.
2. Choose Your Fish Farming Method
Classic Fry Farming – Using a flow through system of tanks, trout are raised from eggs to fry (fingerlings). This is a common method to raise trout to be released for sport anglers.
Single species – indoors or outdoors, one species at a time. In the fishing industry, this method is advised for newcomers to farming fish
Composite fish culture – Five or six species are raised in a single pond. The species must be noncompeting. In other words, the s
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