-Agriculture industry is at the crossroad of a new revolution. The entire food chain is supposed to be
modernized and the production is expected to be doubled in the coming 10 years.
modernized and the production is expected to be doubled in the coming 10 years.
-Apart from domestic demand, this industry brings in huge export prospects. At present agri-business may involve either an input or a produce or service and encompasses items such as:
1. Productive resources (feed, seed, fertilizer, equipment, energy,
pesticides, machinery, etc.)
pesticides, machinery, etc.)
2. Agricultural commodities - (raw and processed commodities
of food and fiber)
of food and fiber)
3. Facilitative services (credit, insurance, marketing, storage,
processing, transportation, packing, distribution, consultancy,
soil testing etc.)
processing, transportation, packing, distribution, consultancy,
soil testing etc.)
-Making money from an agricultural business requires knowledge of farming practices as well as some experience in developing a business.
-Before you decide on an idea, create a business plan that includes research on market demand for the products you grow and how to get them to market.
-You’ll also need a proper financing plan, as most agricultural businesses require access to large area of land and farm equipment to get started.
-Often I come across wanna be entrepreneurs looking desperately for agriculture based business ideas.
-We have compiled 50 most profitable agriculture business ideas which we believe will help those entrepreneurs in deciding their preferred business to start with;
1.Vermicompost- organic fertilizer production has now become a major component of agro-business models across the country with a very low initial investment. An entrepreneur can start this business with proper know-how of the production process.
2.Dried Flower Business - Dried Flower Business in specialty flower is a very profitable
venture now world wide. Flower production is one of the fastest growing crop trends in agriculture today with a strong demand for all types of flowers specially unique and hard-to-grow varieties.
venture now world wide. Flower production is one of the fastest growing crop trends in agriculture today with a strong demand for all types of flowers specially unique and hard-to-grow varieties.
3.Fertilizer Distribution Business - Fertilizer distribution business is highly controlled by
Government regulation. It is one of the profitable agriculture business ideas one can start with moderate capital investment.
Government regulation. It is one of the profitable agriculture business ideas one can start with moderate capital investment.
4.Organic Farm Green House - An organic farm green house business has a high potential to grow and succeed because steadily the demand for organically grown farm products has grown
considerably. Organic farm green house business was normally done on small, family run farms. But since the demand for organically grown food products is now increasing, people are investing in land for organic farming.
considerably. Organic farm green house business was normally done on small, family run farms. But since the demand for organically grown food products is now increasing, people are investing in land for organic farming.
5.Poultry Farming - Poultry farming has transformed into a techno-commercial industry from the status of backyard farming since three decades. Poultry farming is the fastest growing sector in agriculture and farming business. The annual growth rate is 8-10% in egg and 12-15% in the broiler industry.
6.Mushroom Farming
-A mushroom farming business can be a mean of big profit in just a few weeks with considerably low start up capital investment to start a business.
-A mushroom farming business can be a mean of big profit in just a few weeks with considerably low start up capital investment to start a business.
-A person who has little bit of idea in the science & technology of mushroom growing and has an own building for having the farm – mushroom farming business will be the perfect option for him to start.
7.Hydroponic Retail Store - A person having passion in plantation technology can start
hydroponic retail store business to turn his hobby into a profit making venture.
hydroponic retail store business to turn his hobby into a profit making venture.
-Hydroponics is a new plantation technology that has been increasing in demands over the past decades as a soil free way of plantation both for commercial and home use.
8.Snail Farming - Snail farming business opportunity demands discipline and
specific knowledge in modern technology.
specific knowledge in modern technology.
-Snail farming is the process of raising land snails specifically for human consumption.
-It has high rate of protein, iron, low fat and almost all the amino acids that are needed for human body.
9.Sunflower Farming - In starting sunflower farming business, primary requirement is
land.
land.
-Sunflower is often called a commercial cash crop. Growing sunflower for oilseed with maintaining right process is a viable business opportunity.
-An entrepreneur passionate about agriculture and having own land can start sunflower farming business.
10.Guar Gum Manufacturing - Guar gum, locally called guaran, is a galactomannan. It is basically the ground endosperm of guar beans.
-The guar seeds are dehusked, milled and screened to obtain the guar gum.It is typically produced as a free-flowing, off-white powder.It is a natural food thickener, similar to locust bean gum,cornstarch or tapioca flour.
11.Bee Keeping
-Beekeeping business opportunity demands day-to-day monitoring with close supervision to the bees.
-Beekeeping business opportunity demands day-to-day monitoring with close supervision to the bees.
-With the increasing awareness about the health, demand for honey is growing globally.
-Bee-keeping for selling honey and other products like wax is a profitable venture to start with less startup investment.
12.Fish Farming
-Commercial fish farming business is a lucrative investment that can spin money at any time of the year continuously.
-Commercial fish farming business is a lucrative investment that can spin money at any time of the year continuously.
-With the implementation of modern techniques and having own space an entrepreneur can start this business with moderate capital investment.
13.Fruits and Vegetables Export
-An entrepreneur can start export business of fresh fruits and vegetables by collecting them from local farmers.
-An entrepreneur can start export business of fresh fruits and vegetables by collecting them from local farmers.
-One can start this business from home location only having phone and computer with internet connection.
14.Micronutrient Manufacturing – Folier and Soil Application Micronutrient has an immense potential in agriculture business. Having a strong distribution strategy, one can start
this manufacturing business with substantial capital investment.
this manufacturing business with substantial capital investment.
15.Florist
-One of the very profitable agriculture business ideas. Having a retail space and connection with the flower growers one can start this business.
-One of the very profitable agriculture business ideas. Having a retail space and connection with the flower growers one can start this business.
-An entrepreneur also can generate a substantial online sale by offering customers door-step delivery.
16.Livestock Feed Production
-This business is small scale manufacturing. Having confidence on distribution, one can start this business to make money out of live stock feed production.
-This business is small scale manufacturing. Having confidence on distribution, one can start this business to make money out of live stock feed production.
17.Frozen Chicken Production
-Frozen chicken is a hot product now. The demand for this product is increasing globally.
-Frozen chicken is a hot product now. The demand for this product is increasing globally.
-An entrepreneur living in a metro or sub-urban city can start this business with proper planning.
18.Botanical Pesticide Production
-Botanical pesticide is one of the most profitable agriculture business ideas.
-Botanical pesticide is one of the most profitable agriculture business ideas.
-It is an essential and mandatory product for organic farming. the demand for this product is increasing highly.
19.Basket and Broom Production
-Basket and broom are very common products in rural agriculture scenario. An entrepreneur can start this business by sourcing these products from rural makers and after giving a ornamentation, it can be sold as utility or decor item through retail and online both.
-Basket and broom are very common products in rural agriculture scenario. An entrepreneur can start this business by sourcing these products from rural makers and after giving a ornamentation, it can be sold as utility or decor item through retail and online both.
-To start profitable basket-weaving business one requires thoughtful planning and a high level of creative mind having flair for design a wide range of raw material an entrepreneur can initiate customized basket-weaving business from home location with moderate capital investment.
-Broom production technical process is simple and the project can be initiated with proper planning and moderate capital investment .
-Broom have been used from centuries to sweep up dirt and dust, in and around homes and workplaces.
20.Flour Milling
-Flour milling business has many diversified field. An entrepreneur can start this business with proper business plan.
-Flour milling business has many diversified field. An entrepreneur can start this business with proper business plan.
-Establishing your own brand product is highly profitable in this business.
21.Fruit juice-Jam-Jelly Production
-Fruit juice-jam-jelly production business has huge market opportunity. Most important thing is the production process is not that complex and can be initiated small scale basis.
-Fruit juice-jam-jelly production business has huge market opportunity. Most important thing is the production process is not that complex and can be initiated small scale basis.
22.Groundnut Processing
-Having confidence on the source of raw material (ground nut) an entrepreneur can start this business with moderate capital investment.
-Having confidence on the source of raw material (ground nut) an entrepreneur can start this business with moderate capital investment.
-Processed ground nut has very good market potential globally.
23.Cashew-nut Processing
-Processed cashew nut is a consumer durable product and has huge market potential in the industry.
-Processed cashew nut is a consumer durable product and has huge market potential in the industry.
-An entrepreneur can initiate this venture semi automatic small scale basis.
24.Quail Egg Farming
-Commercial quail farming is all about raising quails commercially for the purpose of profitable eggs and meat production.
-Commercial quail farming is all about raising quails commercially for the purpose of profitable eggs and meat production.
-Globally quail farming is playing an important role for fulfilling the daily family nutrition demands and earning livings.
25.Shrimp Farming
-Shrimp farming is an aquaculture business that exists in freshwater environment, producing shrimp or prawn for human consumption.
-The demand for this product is increasing globally.
-Shrimp farming is an aquaculture business that exists in freshwater environment, producing shrimp or prawn for human consumption.
-The demand for this product is increasing globally.
26.Fish Hatchery
-Fish hatchery is a place for artificial breeding, hatching and rearing through the early life stage of fin fish and shellfish in particular.
-Fish hatchery is a place for artificial breeding, hatching and rearing through the early life stage of fin fish and shellfish in particular.
-Hatcheries produce larval and juvenile fish primarily to support the aquaculture industry where they are transferred to on-growing systems.
27.Piggery
-Having a sufficient landholding an entrepreneur can start piggery business.
-Having a sufficient landholding an entrepreneur can start piggery business.
-Among the various livestock species, piggery is most potential source for meat production and pigs are more efficient feed converters after the broiler.
-Major facility is pig farming requires small investment on buildings and equipment.
28.Soya Beans Processing
-Commercially soya beans processing to produce milk, soya flour, soya sauce, soyabean oil, natto etc is a very profitable agriculture business ideas to start with moderate capital
investment.
-Commercially soya beans processing to produce milk, soya flour, soya sauce, soyabean oil, natto etc is a very profitable agriculture business ideas to start with moderate capital
investment.
-With proper marketing strategy an entrepreneur can start this business in small scale also.
29.Spice Processing
-Rising global demand gives a boost to spice processing industry recently.
-Rising global demand gives a boost to spice processing industry recently.
-Good quality processed spice has very good demand. Processing and packaging methods are not very complex. Margin is also very satisfying in spice processing business.
30.Vegetable Farming
-Vegetable farming is one the most profitable agriculture business ideas.
-Vegetable farming is one the most profitable agriculture business ideas.
-Having sufficient land an entrepreneur can start good quality vegetable farming with quality seed and fertilizers.
31.Chicks Hatchery
-Chicks hatchery business is all about making money by selling commercially produce chicks to local egg and poultry farmers.
-Chicks hatchery business is all about making money by selling commercially produce chicks to local egg and poultry farmers.
-It is a highly profitable business to start with small capital and as such no specialized knowledge is required.
32.Rajanigandha Farming
-Scientific method of rajanigandha farming gives this business a boost towards a successful commercial business.
-Scientific method of rajanigandha farming gives this business a boost towards a successful commercial business.
-Apart from the usage as only flower, rajanigandha is widely used in cosmetics, perfume, essential oils, ayurvedic medicine and pan masala industry. The flower can be grown 8000 kg per hector yield.
33.Tea Growing
-Tea growing business has huge potential and demand for the product is increasing globally.
-Tea growing business has huge potential and demand for the product is increasing globally.
-Tea plants typically fare best in acidic soil and regions with heavy rainfall (around 40 inches
per year), although they can be grown anywhere from sea level
to altitudes as high as 1.3 miles above sea level.
per year), although they can be grown anywhere from sea level
to altitudes as high as 1.3 miles above sea level.
34.Grocery E-Shopping Portal
Grocery E-shopping portal is most trending business in recent
phenomena.
Grocery E-shopping portal is most trending business in recent
phenomena.
This tech-based business opportunity demand
proper planning and strong online marketing strategy to start.
proper planning and strong online marketing strategy to start.
35.Landscape Expert
-A landscape expert is a personnel who is enough knowledgeable in the field of landscape architecture.
-A landscape expert is a personnel who is enough knowledgeable in the field of landscape architecture.
-The practice of landscape architecture includes: site analysis, site inventory, land planning, planting design, grading, storm water management, sustainable design, construction specification
and ensuring that all plans meet the current building codes and local and federal ordinances.
and ensuring that all plans meet the current building codes and local and federal ordinances.
36.Medicinal Herbs Farming
-Growing medicinal herbs commercially is one of profitable agriculture business ideas. Having sufficient land and knowledge about the herbs marketing, an entrepreneur can initiate medicinal herbs farming with moderate capital investment.
-Growing medicinal herbs commercially is one of profitable agriculture business ideas. Having sufficient land and knowledge about the herbs marketing, an entrepreneur can initiate medicinal herbs farming with moderate capital investment.
37.Cactus Arrangements
-Cactus is the most favourable item as plant decor item. This is ideal for tabletop gardens, and many plants can coexist happily in the same container.
-Cactus is the most favourable item as plant decor item. This is ideal for tabletop gardens, and many plants can coexist happily in the same container.
-Creating and selling cactus arrangements is a very profitable and self-rewarding business to start. It can initiated from home location with low startup capital.
38.Dairy Farming
-Commercial dairy farming is one of the most profitable agriculture business ideas. Apart from milk it produced a quantity of manure.
-Commercial dairy farming is one of the most profitable agriculture business ideas. Apart from milk it produced a quantity of manure.
-There is a tremendous scope/potential for increasing the milk production through profitable dairy farming.
39.Goatery Farming
-Goats are among the main meat-producing animals.
-Goats are among the main meat-producing animals.
-This meat is one of the choicest meats and has huge domestic demand. Due to its good economic prospects, goat rearing under intensive and semi-intensive system for commercial production has been gaining momentum for the past couple of years.
40.Jatropha Farming
-Commercial jatropha farming for Bio-diesel is one of the most trending agriculture business ideas. -By exploring the modern technology marginal farmers and cultivators can produce jatropha as a raw material for bio-diesel.
-Commercial jatropha farming for Bio-diesel is one of the most trending agriculture business ideas. -By exploring the modern technology marginal farmers and cultivators can produce jatropha as a raw material for bio-diesel.
41.Potato Powder
-Potato powder has wide application in the processed and snack food industries, it can be used in any recipe which requires mashed potatoes.
-Potato powder has wide application in the processed and snack food industries, it can be used in any recipe which requires mashed potatoes.
-Potato powder is used as a thickener or base for preparation of ready to eat vegetable gravies and soups.
-Processing method is also not very complex.
-Potato powder processing business can be initiated semi-automatic small scale basis.
42.Corn Farming
-Corn (Maize) is one of the most versatile emerging crops having wider adaptability under varied agro-climatic conditions.
-Corn (Maize) is one of the most versatile emerging crops having wider adaptability under varied agro-climatic conditions.
-Globally, maize is known as queen of cereals because it has the highest genetic yield potential among the cereals.
-Commercial corn farming by using modern technology with quality seed is one of the most profitable agriculture business ideas.
43.Certified Seed Production
-Seed certification is a quality assurance system whereby seed intended for marketing is subject to official control and inspection.
-Seed certification is a quality assurance system whereby seed intended for marketing is subject to official control and inspection.
-At its simplest, the system certifies that a sack, packet or box of seed contains what it says on the label and that the seed was produced, inspected and graded, in accordance with the requirements of a Certification Scheme.
-To initiate this business you don't have any requirement of land, just start the venture by contract farming.
44.Soil Testing Lab
-Soil Testing is agronomically sound, beneficial and environmentally responsive tool used for monitoring the nutrient as well as making precise fertilizer recommendations for various crops and cropping sequences ensuring no damage to the environment.
-Soil Testing is agronomically sound, beneficial and environmentally responsive tool used for monitoring the nutrient as well as making precise fertilizer recommendations for various crops and cropping sequences ensuring no damage to the environment.
-Establishing a soil testing lab with a Government certification is one of the most ideal agriculture business ideas.
45.Green House Flower Export
-Establishing a green house for only export-oriented flowers is one of the most profitable business ideas.
-Establishing a green house for only export-oriented flowers is one of the most profitable business ideas.
-An entrepreneur having connection to the flower export market and having land-holds, can initiate this venture with substantial capital investment.
46.Horticulture Crop Farming
-Horticulturists produce fruits, flowers, and plants in greenhouses and nurseries. Selection of the crops and method is important in this business.
-Horticulturists produce fruits, flowers, and plants in greenhouses and nurseries. Selection of the crops and method is important in this business.
47.Potato Chips Production
-Commercial small potato chips production line can process both potato chips and french fries.
-Commercial small potato chips production line can process both potato chips and french fries.
-As it is a FMCG product demand is increasing globally.
-Fodder Farming for Goats and Cows.
-Fodder is any agricultural foodstuff used specifically to feed; domesticated livestock, such as chickens, horses, pigs, cattle and goats.
-Fodder is any agricultural foodstuff used specifically to feed; domesticated livestock, such as chickens, horses, pigs, cattle and goats.
-The term refers to food given to animals, rather than the food they forage for themselves.
-Types of plants typically grown for fodder include alfalfa, barley, oats, clover, grass and wheat.
48.Agro-Farming Blogging
-As internet facility is spreading fast, even farmers from remote villages have access to internet. -There is a growing need for unbiased ,honest advices for farming related activities.
-As internet facility is spreading fast, even farmers from remote villages have access to internet. -There is a growing need for unbiased ,honest advices for farming related activities.
-People having knowledge and expertise in farming related activities worth consider agro farming blogs.
49.Agriculture Consulting
-As with other consulting services, agriculture consulting requirement is surely expected to grow with coming days.
-As with other consulting services, agriculture consulting requirement is surely expected to grow with coming days.
-People with experience and knowledge on a specified field of farming activity can consider offering consulting services to organisations and farmers.
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