Can You Grow Coral for Profit?
To grow coral for profit, thorough research on fragging techniques, water parameters, feeding needs, and growth control is key. Suitable tanks are necessary for coral to spread. Equipment and expenses are also vital factors.
Types of Corals and Growth Rates
-
How fast does coral grow? With growth rates of 0.3 to 2 centimeters per year for massive corals, and up to 10 centimeters per year for branching corals, it can take up to 10,000 years for a coral reef to form from a group of larvae.
-
What are the fastest growing corals? 5 Fast-Growing SPS Corals include Seriatopora (Bird’s Nest) and Staghorn Acropora.
Coral Farming and Revenue
How do coral farmers make money? First step is setting up a planned coral tank. Coral farms sell to wholesalers, retailers, and clients. Different corals have varying prices. Profit depends on costs and sales volume.
Marketing and Selling Corals
The target market is reef aquarium owners wanting to buy healthy aquacultured corals. This avoids damaging wild coral reefs. Profit margins are often over 50% wholesale. Consistently provide quality frags through fragging skill, stable water parameters and controlled feeding. Enjoy the relaxing hobby while profiting from coral you propagate!