![]() |
| Seweniblog image |
Before we start, it's of immense important to have the basics understanding of what Agricultural business is all about.
*Agricultural business,* also known as agribusiness, is the farming , management, production, and marketing of agricultural commodities, such as livestock and crops. The
agricultural business field includes resource management, farming , conservation, ranching, and sales.
Judging by the situation facing Nigeria as a country and West Africa in general, there's no doubt that agriculture is the other of the day.
The situation has compel individuals with Entrepreneurship mindset to venture into Agribusiness in order to eradicate or reduce the ever ending poverty in the land.
In this article, you're going to be exposed to the top 10 agricultural businesses that can generate you a steady income.
✔Fish farming
✔Poultry Farming
✔Snail Farming
✔Bee Keeping
✔Fruits and Vegetables Export
✔Livestock Feed Production
✔Frozen Chicken Production
✔Cashew-nut Processing
✔Basket and Broom Production
✔Corn Farming
BRIEF EXPLANATION OF THE ABOVE MENTIONED
1) Fish Farming Business
Commercial fish farming business is a moneymaking agricultural business that can spin cash at any time of the year constantly. With the implementation of present day strategies and having owned a better location, an entrepreneur can start this business with moderate/considerable low capital.
Read: How To Start A Profitable Fish Farming Business
2) Poultry farming Business.
Poultry farming in Nigeria has converted into a techno-commercial industry from the fame of outdoor farming since three decades. Chicken farming is the quickest developing quarter in agriculture and farming enterprise. The annual growth rate is 8-10% in egg and 12-15% in the broiler industry.
3) Snail Farming
Businesd
Snail farming business demands specific understanding in modern generation. Snail farming is the process of elevating land snails especially for human consumption. It has a high fee of protein, iron, low fats and nearly all the amino acids which are needed for human body.
4) Bee Keeping
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. Beekeeping for selling honey and other products like wax is a profitable venture to start with less startup investment.
5) Fruits and Vegetables Export
An entrepreneur can start an export business of fresh fruits and vegetables by collecting them from local farmers. one can start this business from a home location only having a phone and computer with internet connection
6) Livestock Feed Production
This business is small scale manufacturing. Having confidence in distribution, one can start this business to make money out of livestock feed production.
7) Frozen Chicken Production
Frozen chicken is a hot product now. The demand for this product is increasing globally. An entrepreneur living in a metro or suburban city can start this business with proper planning.
8) Cashew-nut Processing
Processed cashew nut is a consumer durable product and has huge market potential in the FMCG industry. An entrepreneur can initiate this venture semi-automatic small scale basis
9) 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 an 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 a flair for design. Using a wide range of raw material an entrepreneur can initiate customized basket-weaving business from a 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.
Read: 10 Most lucrative Online Business Niche,,, "" "
10) Corn Farming
Corn (Maize) is one of the most versatile emerging crops having wider adaptability under varied agro-climatic conditions. Globally, maize is known as the 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.
Our Priority IS To Guide You To Success You can use the comment box for contributions and recommendations.

No comments:
Post a Comment
Thank for visiting. Your feedback/comments on this website means a whole lot to us, don't walk away without comment, it ginger us to do more.