Chairman of the Board of Trustees, Federation of Agricultural Commodity Association of Nigeria (FACAN), Dr Victor Iyama, has called on farmers to explore the edible snail market, projected to reach $4.55 billion globally by 2033, up from $2.46 billion currently.

Iyama described snail farming as a low-cost and high-potential business that can be started on a small scale, even within domestic compounds. 

“It’s very lucrative and accessible. Anyone can start small, even from their retirement savings,” he said.

Nigeria produces over 45,000 metric tonnes of snails annually, mostly through wild harvesting, making the country Africa’s largest supplier. 

Exports reached 164 tonnes in 2023, representing a 20.7 per cent annual growth since 2020, primarily to the United Kingdom and the United States.

Iyama emphasised that snail farming offers a simple alternative for investors uninterested in traditional crops or larger livestock. 

“If you don’t want to deal with crops, sheep, goats or cattle, snails are ideal. They multiply fast and require minimal management,” he said.

Global demand is rising, particularly in Europe, where France imports around $21 million worth of snails annually, followed by Spain and Italy. 

The Asia-Pacific market is expanding fastest, driven by a growing middle class and increasing demand for exotic foods. 

Snails’ nutritional profile, rich in protein, iron, and essential fatty acids, adds to their appeal.

Analysts note that Nigeria’s producers could increase export earnings by developing processing facilities, adopting EU-compliant food safety standards, and investing in cold-chain infrastructure. 

Sustainable certification and technology exchange programmes are also recommended to meet premium market demands.

Experts say that with coordinated efforts and investment, Nigeria’s snail farming sector could provide alternative livelihoods, strengthen rural economies, and enhance the country’s position in the global edible snail market.

Source: The Nation Online