Top 6 Lucrative agriculture Business Concepts
When people think of lucrative agriculture business concepts, their first thought is to look for the land they can purchase. In the majority of cases, this isn’t an option. The amount of capital required to start a modern farm could be huge, especially when compared with a non-agricultural small-scale business or start-up.
If you have an education or a passion for agriculture there are a variety of other opportunities outside of farming. What are the best money-making agricultural business ideas that don’t require the investment of land? Here are some ideas:
It is possible to make money from agriculture by helping farmers grow more profit from their investments. Pesticides, chemical fertilizers and excessive production take their toll on the most vital source of a farmer’s resources in their soil. This can lead to an upward spiral of production which can put a small-scale producer out of the market. Because of this, soil researchers and plant physiologists are beneficial assets to modern agriculture. They are particularly valuable when farmers alter their farming practices to satisfy the demand for organic products. Coffee farming is one of the most lucrative agriculture businesses in India. Do you know which is the largest coffee producing state of India?
Agronomy describes the soil scientist network as well as geneticists, plant physiologists and other experts that form the research base of the agriculture industry. They assist in supplementing the knowledge of farmers by using new tools and technologies to improve yields and create more nutritious, tasty produce.
Agronomy can be a lucrative business and it is a good business. Consultants are sought-after across the country, in both state and city workers and private industry hires and freelance contractors.
Sales, infrastructure, planning and installation
Farms of modern kinds and sizes require a basic infrastructure in order to run. Produce needs to be irrigated and livestock must be kept in check, and every product will need to be processed, harvested and then stored. There is always money to help farmers prepare for, purchase the necessary infrastructure and set it up. Entrepreneurs have the chance to succeed through the sale process.
There’s plenty in competition with established businesses for this lucrative market. The more customized the infrastructure service or product you offer, the more. For instance, farmers put up agricultural curtains to keep the temperature in check and manage the sun, and rain, for their animals. Installing a high-quality agricultural curtain will improve the animal’s comfort, which research shows repeatedly will increase the yield and in preventing illness.
Most of the time the ag curtains need professional installation in order to work. They are operated using tubes or strap systems as well as motors that make them completely adjustable. The specialists who source the fabrics and mechanical components, and assist in installing systems will profit from this need. Another great idea could be promoting local handicrafts. There are different types of coffee mugs that are produced and sold by locals. You can always try to make a brand out of them.
Transportation poses a significant challenge for small farmers who want to transport their goods to the market. Lack of transportation access can affect the way the farmer gets their goods into their supply chains, and hinders the growth of their business. To improve their transportation, without investing in trucks for their fleet some will work with transport companies that specialize in agriculture to get their goods out on the roads.
In many regions there are just two or three businesses capable of handling agricultural transport requirements. For instance, the majority of livestock have specific requirements for a safe and comfortable transport system like adequately
Access to transportation for farmers could result in a substantial income. Entrepreneurs can supply the basic material for transportation, such as trailers, trucks and other tools that are made for production and livestock. In addition, agricultural trucking companies could take on a transportation function, allowing farmers to be more involved with their produce (and less time travelling around the state to bring their products to the market). But if you’d prefer to have your own transportation, there are great options for heavy equipment financing that can be beneficial for your business.
People want to feel connected to the earth. In recent times, more people living in urban areas are seeking out more about the source of their food and the process of producing it. The public has seen the dining experience of a food-from-farm, but now they want to visit the farms.
The recent rise of agritourism as a business offers a lot of opportunities for entrepreneurs. Traditionally the concept of farm tourism has been mostly confined to individual farmers, who would host small-scale tours of their farms for visitors who are interested. There is market of Agritourism experts that have also popped up to assist farmers who might not have any experience in the areas of customer relations as well as marketing, liability, and even event coordination.
If you enjoy nature-based hiking, foraging can be an extremely profitable venture for smart entrepreneurs. Restaurants with a fine dining experience will offer top-dollar for unusual delicious, tasty ingredients from the locavore. Anyone who has experience in gathering and harvesting mushrooms, as well as other rare culinary delights are able to earn a decent amount.
But foraging isn’t a business plan that works particularly well without land. The regulations on public land restrict the majority of foraging to private property. Many of the foraged foods are seasonal and locating them requires experience and a sense of humour which is developed over many years of experience. Foraging involves only taking a small portion as an integral part of the ecosystem, instead of cultivating it. If you over-forage an organic crop could reduce the quantity available, and thus kill their business that is just beginning to grow. It’s not an investment worth millions of dollars.
However, for those who are passionate about outdoor activities and possess had experience in collecting wild food, foraging could be a fantastic method to start small-scale businesses.
Insect and Worm Farming
If cows were as big as beetles, they wouldn’t require much space to cultivate. Similar to cows, lots of insects are a great source of protein and a lot of them are popular dishes in various parts of the world. Something like this can always be done in some Vineyards like Grover Zampa. Smaller creatures like earthworms are essential to the ecosystem, making they valuable to farmers, gardeners and, of course, fishermen. It is possible to start cultivating worms and insects at the comfort of your home, in your backyard or even in your apartment.