The success stories of these rabbit farmers prove the huge and largely untapped potential of the rabbit farming business in Africa. In this section, I’ll reveal three major reasons why you should seriously consider the rabbit farming business opportunity.
Here they are:
1 There is a huge market opportunity for rabbits
The growing rate of heart disease and related ailments has increased awareness of the harmful effects of cholesterol in our diets.
More people are now going for ‘white’ meat which contains low amounts of cholesterol. Unlike ‘red meats’ (especially beef and pork), white meats like ostrich, poultry, fish and rabbit meat contain less fats and cholesterols and have higher health benefits.
Apart from fish, rabbit meat has the highest amount of protein and contains the lowest fat than all other types of meat. It contains less calories and Sodium than other meats but contains more calcium and phosphorus (which is very good).
As a result of these properties, rabbit meat has become the ‘super meat’ for people looking to eat healthy meats and live a healthier lifestyle. Rabbit meat is also very widely accepted. Unlike snails and pork, there are hardly any religious or cultural taboos about consuming rabbit meat.
More than 700 million rabbits are slaughtered worldwide every year, producing about 1 million metric tons of rabbit meat. The world’s leader in rabbit meat production is China, representing over 30% of total global production.
Rabbit meat is popular in countries such as Italy, Spain, France and China. These countries consume the most rabbit per person (about 8kg per person) and are the best export markets for rabbit meat.
Rabbits produce high quality skins that are used to make fur garments (like clothing, hats and boots), and to cover bicycle seats, etc. Another significant use of rabbits is in cosmetic, medical and pharmaceutical research laboratories. Rabbits are also purchased by people who want to keep them as pets.
2 Rabbit farming is lucrative because rabbits multiply very fast
A single doe (female rabbit) can give birth to (litter) up to 40 kits (baby rabbits) in a single year. This means you can start with two mature breeding rabbits (one male, one female) and end up with over 40 rabbits in less than 12 months. That’s because rabbits can breed throughout the year and it takes just about a month (30-33 days) for a pregnant doe to produce baby rabbits.
After they are born, rabbits grow very fast and can reach maturity and market size in less than 6 months. One of the reasons for this fast growth rate is that rabbits are efficient converters of the food they eat.
Compared to other livestock animals (poultry, cattle, pigs etc), rabbits convert up to 20 percent of the proteins they eat into body weight. That’s higher than any other animal!
A mature rabbit ready for market can sell for up to $22 (depending on the location and customer). However, the cost of raising a rabbit comes to about $1 per month.
According to Moses Mutua (CEO of Rabbit Republic), the resources and cost incurred on raising one cow is equivalent to what you’d use to raise 40 rabbits. As a result, rabbits offer a higher profit potential than cattle and other livestock.
And because rabbits mature quickly and multiply very fast, they offer one of the best opportunities to quickly recover your costs and investment in a short period of time.
3 Easy to start, cheap to operate and maintain
Rabbits don’t need any elaborate preparation or huge capital to start up. You can start with two rabbits (male and female) using a basic cage made of wood and chicken wire.
Unlike chickens, cattle and pigs, rabbits are not noisy animals. They are very clean animals and don’t easily get attacked by diseases.
Above all, rabbits don’t require a lot of space like other livestock; it’s the ideal animal to raise in your backyard or any place with little space.
Raising rabbits is not labour-intensive like cattle and poultry. Rabbits are easy to feed and often don’t need a lot of attention. As a result, a rabbit farming business can be run on a part time basis.
Some kitchen waste, grass, plant leaves etc. are favorite foods of rabbits. In fact, a single rabbit needs just about 120 grams of food daily. You can feed it in the morning before you go to work and then in the evening when you return.
So, in terms of capital, time, space and labour needs, rabbit farming beats poultry, pig farming, and cattle farming.
You may be interested
Muslim Rights Group, MURIC Calls For Dialogue Over Tribal Clashesadmin - January 24, 2021
<!-- Muslim Rights Group, MURIC Calls For Dialogue Over Tribal Clashes – ElombahNews HomePoliticsMuslim Rights Group, MURIC Calls For Dialogue…
Buhari has disappointed so many Nigerians ~ Jegaadmin - January 24, 2021
Former INEC chairman, Prof. Attahiru Jega Former chairman of the Independent National Electoral Commission (INEC), Attahiru Jega, has described the…