Both agricultural and farming sectors form the foundations of every country. They have significantly contributed to the economic prosperity of most developed countries and their role in the economic development of least developed countries is of vital importance.
It is the agricultural and farming activities that ensure food to us as well as to our animals. Imagine for a moment, how can we survive if there are no crop fields and farmers. Besides making food available to us, agricultural sector supplies raw materials to our non agricultural sectors such as food processing sector and manufacturing sectors that further turns produce into clothes we and you wear, food we eat and many more things we require to live a comfortable life.
In those countries such as India, China, Nigeria etc where agricultural industry forms the backbone of their economies holds the great prospect for employing most of their unemployed youth.
Now as far as starting an agricultural is concerned, it not only costs very low capital but also warrants high profits compared to other choices available in other sectors. Furthermore, it also involves very overheads that you can not witness in other business choices.
Here are 30 money making agricultural, farming and also agribusiness related business ideas and opportunities you might like starting in your area today:
1. Potato Cultivation
Potato is one of the important components of our meals. It has been one of the strong complementary of our meals since earlier times. Being tasty as well as nutritious, the room for potatoes in our meals would certainly be high always.
So, if you own a fertile piece of land, then one of the choices in the agricultural industry you could consider is to start a potato cultivation business. Moreover, if your local population consumes high quantities of potatoes that comes from other places, then you could help reduce the outflow of such a huge money from your area by enhancing internal production of potatoes.
2. Bioplastic Business
Since polythene production and use have been banned in our societies, the need for eco-friendly alternatives is rising day by day and bioplastic manufacturing unit is one of the ways that could provide us carry bags for shopping, trays for floriculture, packing material for food, bin liners for clubs and hotels etc. We don’t need to convince you about their market worldwide.
3. French Fries Business
You know it by yourself how great it tastes when we eat fries that are prepared from potatoes. Therefore you could also consider starting a french fries business if you are looking for money making business ideas in today’s agricultural sector.
4. Potato Chips Business
Besides cultivation, you could also give thoughts to starting your own potato chips making business if you are looking for potato related business ideas and then target them to the local consumers, retail shops, wholesalers etc in your local area.
5. Sell Potato Seeds
Well, another money making potato allied business you could think to start is selling potato seed tubers to the larger number of local as well as national potato growers.
6. Onion Cultivation
Almost every recipe that we prepare calls for onion use. So, if you posses a piece of land that has perfect agro-climatic condition, then consider starting an onion cultivation business and therefore stop the massive outflow of cash from your area if onions are imported from other places.
7. Branded Honey
If there is a high demand and limited production of honey in your area, then consider cashing in a honey production business. Moreover, there is also high demand for branded honey in the exports markets and hence a great agribusiness opportunity for you.
8. Mushroom Cultivation
Mushrooms are popularly known as poor people’s meat. So if your land proves easy for its cultivation, then think to start your own mushroom cultivation business and then target them to local and trading markets.
9. Vegetable Seeds
Since there is a high supply deficit of quality vegetable seeds to the vegetable growers round the world, starting a vegetable seeds production is another great choice for those entrepreneurs who are looking for business ideas in the agriculture industry.