Agriculture is one of the fastest growing and most in demand sectors of our time. Today, there are more than 100 agri-businesses that are growing rapidly. In this article, we will take you through the top 20 demanding agri-businesses. Some of these agri-businesses can be done with less capital, while others may require significant capital investment. If you are looking for low cost agri-businesses, then this guide is perfect for you.
The agricultural sector is a very large sector that includes many others, such as forestry, livestock and fishing. Each of these agriculture-related businesses is full of passion and dedication and can bring you a lucrative income. To start an agricultural business, two things are required – your ability to work and your ability to invest in the industry.
Top Agriculture Business Ideas
The first agricultural business idea was to establish an agricultural farm. An agricultural farm is a place where farming and cultivation takes place. You will need proper agricultural land to start this business. You can produce rice, wheat, sugarcane, vegetables or any other food product on the farm. You need to have knowledge of seeds, tillage, fertilizers and farm equipment to start this business. It is one of the best evergreen businesses.
If you have unused land and can afford to wait a few years to make money, a forestry farm is a profitable business. Getting a return from the sale of trees takes a lot of time.
If you have enough land and manpower, you can start vegetable farming. Vegetables produced from quality seeds and fertilizers yield good harvests. If you are considering the idea of small farm income, you can shortlist this business idea.
Flowers are widely used for decoration and worship. If you have a large piece of land, you may consider starting a floriculture business. This is a very lucrative business idea. In this business, you will need to grow a variety of flowers such as roses, sunflowers, jasmine, etc. You will need to hire manpower for farming and planting.
A mushroom farming business can be started in a short period of time with a low start-up capital investment that can bring you big profits. It requires less space to start.
Fruits and Vegetables Export
Entrepreneurs can start an export business by collecting fresh fruits and vegetables from local farmers. One can do this from home with only a telephone and a computer with an internet connection.
Organic agriculture refers to the production of vegetables and foodstuffs in an organic manner, without the need for fertilizers and pesticides. There is a growing demand for organic products. Therefore, starting organic farming is a good business option. You need enough place and knowledge to start organic farming.
Organic fertilizer production is the next in the agricultural business concept. Organic fertilizer is made by decomposing vegetables, worm and waste disposal. The process of producing the fertilizer is called ver composting. This fertilizer is ideal for farming. It is possible to start an organic fertilizer business with a low investment.
Botanical Pesticide Production
Plant pesticides are one of the most profitable agricultural business ideas. It is an essential product for organic agriculture. The demand for such products is increasing drastically.
In second place is the sale of farm equipment. Farming-related equipment such as seeders, mid-tillers, sprinklers, sprayers and tractors are still usually needed. You can sell farm equipment in rural areas and make money. Make sure you gather enough knowledge about farm equipment before you start this business.
Dairy farming is the processing and marketing of milk and milk-related products such as ghee, panier etc. The demand for milk and related products is never ending. Therefore, starting dairy farming is a profitable business option. This business can be started with low investment.
Opportunities in snail farming require discipline and expertise in modern technology. Snail farming is the process of growing snails exclusively for human consumption. It is very high in protein, iron, low in fat and almost all the amino acids required by the human body.
Bee Keeping Business
It requires daily monitoring under the close supervision of bees. Beekeeping is mainly used to sell other products such as honey and wax. Don’t forget that with the growing global demand for honey. Choosing this business is a lucrative venture that requires a small investment.
Goat is one of the major meat producing animals in the world. Goat meat is one of the best meats and is in high demand in the country. Due to its good economic prospects, goat rearing for commercial production under intensive and semi-intensive systems has gained momentum in the last few years.
The breeding of rabbits has begun commercially. Angora rabbits are raised primarily for wool and are known for their quality. On a per kilogram basis, rabbits are the best producers of wool.
Poultry farming is the process of producing and raising chickens, ducks, geese, and other birds. The purpose of agriculture is to produce meat or eggs. It is a capital intensive and profitable business option. You need a suitable place and proper restrictions for the growth of poultry. You also need to maintain the temperature and atmosphere for proper growth of the poultry.
Fish farming is the next agricultural business idea. In this business, you need to raise fish in a tank or enclosure as fish pounds. You can choose the type of fish according to the market conditions. You need a good water source to start this business. Fish farming is a medium investment and highly profitable business activity in the world.
Shrimp farming is a type of aquaculture in freshwater environments that produces shrimp or prawns for human consumption. The global demand for this product is growing.
Chick hatcheries are in the business of making money by selling commercially produced chicks to local egg and poultry farmers. Starting with a small capital is a highly profitable business, so no expertise is required.
Fish hatcheries are places where finfish and shellfish are artificially propagated, incubated and reared throughout the early stages of their lives. Hatcheries produce juvenile and young fish to support the aquaculture industry and transfer them into the farming system.
With sufficient land ownership, an entrepreneur can start a pig farming business. Among the various livestock species, pigs are the most efficient source of meat production, and they are the second most efficient feed converters after broilers. The main facility for raising pigs is a small investment in buildings and equipment.
Livestock Feed Production
Confident in distribution, you can start producing livestock feed.
Frozen Chicken Production
Frozen chicken is now a hot product. The global demand for this product is growing. Entrepreneurs residing in metropolitan or suburban areas can start this business with a proper plan.
The flour milling business is multifaceted. Entrepreneurs can start this business with a proper business plan. Establishing your own branded products is very profitable in this business.
Fruit Juice Production
There is a huge market opportunity in the juice production business. Most importantly, the production process is not complicated and can be started on a small scale.
Entrepreneurs who are confident about the source of raw material (peanuts) can start this business with modest capital investment. Processed peanuts have a good market potential globally.
Processed cashew nuts are a durable consumer product with huge market potential in the FMCG industry. Entrepreneurs can start this business semi-automatically on a small scale basis.
Quail Egg Farming
Commercial quail farming is the commercial farming of quail for the purpose of making money for egg and meat production. Global quail farming plays an important role in meeting the daily nutritional needs of families and in earning a living.