Organic food sales have shown a steady rise in the past decade. Increasing environmental awareness and rising health concerns of pesticide residues have promoted the growth of organic food.
In India, organic production is defined formally by the Government of India. To label your produce and products to be “organic,” you need to be certified. You will need to follow specific organic standards for crops, animals, and the processing of agricultural products.
It involves the commercially raising of different domestic birds for meat, eggs, and feather. It is among the most profitable and low investment agribusiness ideas that requires thorough knowledge and experience in handling the birds.
It is one of the most affordable agribusiness ideas that needs no ample space, and you can start with significantly less investment with higher returns in a short time. Poultry birds like broiler chickens take a short duration to mature and generate a hefty profit. Moreover, poultry products are affordable for most of the population.
You can start mushroom farming with low investment and less space. In the last decade, mushroom cultivation has become an alternative source of income for many people. Mushrooms are grown in a controlled environment, like temperature, relative humidity. You can take on average 3 to 4 crops of mushrooms in a year, depending upon the variety of cultivated mushrooms. Being an excellent source of iron, potassium, and folic acid, mushrooms are gaining popularity in urban areas, and more people are looking for fresh mushrooms. Many mushroom farmers in India are commercially producing mushrooms round the year at a large scale.
At a hydroponic farm, water is substituted for soil. All major and minor nutrients required by the plant, such as phosphorus, nitrogen, calcium, potassium, and many more, are added to this water for easy access to essential nutrients for a healthy yield.
Hydroponics requires far less space and water to grow plants than growing the same plants in soil. Hydroponic plants grow with up to 98% less water than traditional farm cultivation methods. A hydroponic greenhouse creates ideal conditions to ensure the right amount of nutrients to plants. The microclimate and controlled environmental conditions allow faster and year-round growth of crop cycles. Moreover, it is less labor-intensive and can be conveniently managed with far fewer man-hours.
Also Read —
- Hydroponic Farming.
- Snail Farming
- How to start Farming with no money?
- Agri Tourism – A New Agribusiness Model
- Fogponics – Future of Hydroponics
- Subsidy to Set Up a Hydroponic Farm
Apiculture or beekeeping is a fascinating and fulfilling agribusiness ideas to take the next step towards your dream. It can be commenced in any season. However, the spring season is assumed to be the best to begin bee-keeping business as flowering plants are initiated during this season. You can earn a profit through the sale of honey and other bee-related products.
You can start this business with an initial investment of around Rs. 1 lakh and can mint unbelievable profits. You can also increase your budget to expand your business. The demand for honey is rising due to its medicinal properties, and the headway is a sure-shot thing.
Aquaculture farming includes commercially raising aquatic animals to be sold as food. It is the fastest-growing food production segment globally. The aquatic animals, including shrimps and fishes, are commercially grown in the controlled or semi-controlled environments to increase productivity.
It is a highly profitable and low investment agribusiness ideas, and you can also create income and employment opportunities for others. Prices and market demand for freshwater fishes are always high. You can also start fish farming on a small scale and can apply for a bank loan also. We recommend visiting some fish farms, gaining some knowledge about the same, and starting your own business. An integrated fish farming business with farm production and other agri-businesses is highly beneficial, reduces feeding costs, and ensures maximum production.
A plant nursery at home backyard can be an excellent agribusiness idea. It is a perfect business for those who enjoy gardening.
Dried Flower Business
The demand for dry flower arrangements has increased steadily in the past few years. If you own land or have the option of leasing space, you could dry flowers and then sell these dried flowers to craft stores and hobbyists.
Fertilizer Distribution Business
The fertilizer distribution enterprise is suitable for people living in towns or rural regions. It is among the most profitable agribusiness ideas. You can begin with moderate capital investment.