The best ideas and opportunities in the agricultural sector in 2020
Are you interested in starting a farming business? Do you want to know the best ideas and opportunities in the agricultural sector in 2019? So keep reading because this article is for you.
Why create an agricultural business?
Well, if you hadn’t already noticed, it’s very likely that if there were no farmers in the world, then starvation and poverty would become our daily life. Agriculture is undoubtedly one of the main industries in most countries in the world; it’s the industry that produces food for the people and also contributes to making money.
Because of the important role played by the agricultural sector, governments in most countries are careful to subsidize seedlings, fertilizers, agricultural tools, and machinery. They encourage entrepreneurs to start farming.
A sector of the future full of opportunities
There are many opportunities in the agricultural sector and one of the good things about this sector is that there is a market for all of the products it creates. Over the years, researchers and scientists have looked for ways to improve crops, especially in areas where soil composition and climatic conditions do not favor the growth of certain crops (cash crops, food crops, etc. ).
In fact, with the latest technological advances, farmers can now grow comfortably in countries where these crops can hardly survive and in places where there is little arable land. People can use the roof of their house to grow crops even for commercial purposes. All this to tell you that the opportunities in this area are enormous.
20 best innovative ideas to make money in agriculture in 2020
For the purposes of this article, the agricultural industry can be classified in the categories of culture, livestock and by-products, processing and agro-food services. So if you’re interested in starting a commercial farming business, here’s the start of a series of 50 business ideas that an entrepreneur can choose from in the agricultural sector;
1 Market gardening
Tomatoes, peppers, carrots, onions, spinach, lettuce, pumpkin, broccoli, cabbage and cucumbers and the like are all vegetables that are eaten around the world and can also be grown around the world. This shows that there is a very large market for vegetables. So, if you are planning to start a farming business, I strongly recommend that you get started in growing vegetables, especially the so-called new generation.
Also, one good thing about vegetables is that they are easy to grow, in the best conditions.
Like most agricultural products, vegetables are perishable crops. Therefore, a suitable device must be put in place so that they are sold as soon as possible after harvest. Usually, farmers make sure to settle with buyers before harvesting their crops; it’s safer and the costs are manageable.
When starting this business, you need to put in place adequate mechanisms to know who and where to sell your products. It will also mean that you undertake an analysis to find out the best marketing approach that will work for you.
2. Herbs and Floriculture
Another useful and profitable growing business that an entrepreneur should consider starting is to start growing herbs and flowers. While this type of farming is not popular among farmers, the fact remains that it is very profitable, especially if you choose highly demanded herbs and flowers. In fact, drug manufacturing companies depend on the supply of herbs from aromatic herb producers to make drugs. Growing herbs is very profitable in countries like India and China, and soon also in Africa. Be one of the pioneers in this sector in your region.
3. Cotton wool farming
Wool can be obtained from sheep and cotton. It is considered a cash crop. There is no doubt that wool is a major component of the textile industry, as it is used in the production of textiles for clothing. This shows that there is a very large market for wool. If you have the financial capacity to start growing cotton, there is no limit to the income you can generate as long as you have vast hectares of land for this crop. Cotton wool can easily be exported from one country to another and there is a readily available market for cotton wool.
4. Rubber plantation
Rubber is another valuable economic crop. Rubbers are used in the manufacture of various types of products, from containers to bags, to electrical and mechanical components, hence the importance of the world rubber market. If you’re considering investing in culture, one of your best options is to start growing rubber, so rubber. In fact, a handful of rubber trees can support a family from one generation to the next; this is to tell you how precious rubber is. Investing in a rubber plantation is a lifelong investment.
5. Growing bamboo
Bamboo has many economic benefits and that is why creating a bamboo farm is such a promising activity. Due to their strength, bamboo is used as a building material (scaffolding, roofing, flooring, etc.) in the construction industry. They can be used for making furniture, for decoration, bamboo is used as a writing surface. Bamboo fiber is used to make high-quality paper. Bamboo is used to make musical instruments and to make weapons. Bamboo is used to make chopsticks used primarily in Asia as medicines for the treatment of infectious diseases, and some people even use it for the treatment of impotence, infertility, and menstrual pain.
6. Cocoa plantation
Cocoa is a cash crop used in the production of beverages and chocolate and derivatives. In fact, in some countries, cocoa is the main cash crop they export; it’s a major source of income. There is a world market for cocoa; a farmer in Africa can become a major supplier of cocoa beans to a beverage or chocolate company in Europe and elsewhere. So if you are planning to start a farming business, you should consider getting into cocoa farming; it is indeed a profitable business. As in most cash crops, a cocoa plantation can survive a generation.
7. Palm plantation (fruit)
Like rubber, palm fruits are another invaluable economic crop. Owning a palm fruit plantation is a lifelong investment. You can generate income from your palm plantation as long as possible. Palms and palm fruits are used in the production of a variety of products, from creams to palm oil, including palm wines, chemicals, brooms and crafts, and more. If you have access to a large area of land in an area where soil composition and climatic conditions favor the growth of palm trees, you may want to consider growing its fruits.
8. Cultivation of tea and coffee
Tea and coffee are considered cash crops that can be grown in one country and exported to another country. In fact, tea and coffee are the main exports in some countries. It’s one of their main sources of income. Tea and coffee are grown in most countries of the world and their market is large. So if you are considering exporting agricultural products from your country to another country, one of the best options would be to start growing tea and coffee. It’s an extremely profitable farming business.
9. Pineapple plantation
Pineapple juice, pineapple chips, and pineapple aroma are pineapple products. One of the advantages of growing pineapples is the possibility of exporting them abroad, as there is a large world market for pineapple products.
So if you’re planning to start a farming business, I recommend that you start growing pineapple. Please note that like most agricultural products; pineapples are very perishable so you have to organize yourself before selling them before they ripen. It is also best to find a juice company to sell your pineapple production.
10. Cultivation of mushrooms
Another easy crop to grow and eat in most countries around the world is the mushroom. Mushrooms are a natural phenomenon that can make you a lot of money. The untapped potential of these mushrooms is such that if you invest in this business, you will be surprised at the yield of this crop.
Mushrooms are rich in vitamins, proteins, and minerals; some people prefer them to the meat or even fish, because of their nutritional value and their higher health implications. There are two main categories of mushrooms. the edible and the inedible (which is toxic). The deliberate cultivation of mushrooms is therefore essential to eliminate the imminent threat of picking by mistake of the toxic type, which is therefore dangerous to health.
The start-up requirements are as follows: house shed or mushroom, sawdust, polythene bags, spawns / mushroom seeds, fertilizer for urea/nitrogen, lime, water, ceiling machine, scale, extra hands, refrigerator.
For more details on this culture, consult our resources, which you can download online.
11. Growing corn
Corn is another crop widely consumed around the world. In fact, corn can be processed in different forms; gourmet, flour, beers, etc. There is no doubt that corn is an important market and that corn is easy to grow. In most parts of the world and perhaps thanks to scientific advances, corn can be grown all year round, regardless of the season. So if you are planning to start your own farming business, especially a product that can be grown in a short time, consider growing corn, this is a very popular product.
12. Cereal cultivation
Cereals are a stable food consumed in all countries of the world. So there is a world market for grains. Cereals such as millet, wheat, oats, shogun, barley, soy, black mustard, sunflower seeds, and others have good market value.
This expressly concerns food processing companies that specialize in the production of flour, malt beverages, beer, and others. So if you are planning to start an agricultural crop production business, then you should consider getting into grain production. Cereals can last longer if stored properly.
Most breweries are used to buying these grain products in large quantities. As such, you must be well positioned and noticed in order to take advantage of the opportunities offered by these organizations.
13. Rice cultivation
Rice is a stable food consumed in all regions of the world, which makes it a good product to grow. If you are planning to start a farming business and live in a region (preferably swampy and flooded) where the soil composition and climatic conditions favor the growth of rice, I strongly recommend that you get started in rice growing. Especially in Africa where consumption is growing more and more, with almost zero production.
The truth is, you don’t have to go from cultivation to processing, bagging and retailing before making huge profits from growing rice. There are readily available buyers of raw rice; those who have a factory for processing, bagging and wholesale distribution of rice.
It’s a very stable type of business. It is mainly because of the enormous reward for the work it guarantees and the profitability it brings. There is no race that does not consume rice; As such. This is a determining factor for success.
14. Plantain and banana plantation
Plantains and bananas are easy crops to grow and eat around the world. Owning a plantain plantation or a banana plantation is a lifelong investment. The good news is that bananas and plantains grow naturally with little or no input from the farmer. If you are planning to get into farming, one of your best options is to get into plantain and banana cultivation. There is a large market for bananas and plantains. Please note that plantains do not grow in some countries but that bananas can be grown in all countries of the world.
15. Yam cultivation
The yam is a tuber mainly grown in Africa, South America and most countries of the world. Yams can be eaten cooked, fried and as flour and the like. There is no doubt that there is a large market for yams. Therefore, if you are considering starting an agricultural business in Africa, one of your options is to get started in the cultivation of yams. Unlike most agricultural products, well-preserved yams in a barn can survive a season. You don’t necessarily have to be the cultivator. You can work in partnership with farmers and just take care of organizing the sale of yams.
16. Cassava plantation
Cassava is a crop mainly consumed in Africa and South America. It can be made into flour and chips. If you plan to start a farming business; One of your options is to seriously consider growing cassava.
Cassava cultivation is less stressful, especially if it is grown in soil that supports its growth. Also, these days, cassava is even used as flour for making bread and other flour-based dishes. So you see that the list of cassava derivatives is indeed endless. Start your cassava planting today, and in no time you will regret it.
17. Planting fruit trees
There are several types of fruit. These are mangoes, coconuts, guavas, oranges, apples, papayas, cherries, etc. There is undoubtedly a large market for fruit and the fact that it can be made into drinks and juice makes it highly profitable.
It certainly takes time for most fruit trees to mature; so if you are planning to get into fruit growing, you need to be patient enough to wait for your fruit trees to reach maturity. One of the good things about planting fruit, once the fruit trees are mature, you can rest assured that you will be able to harvest them and generate income year after year.
If you have access to a large area of land, in an area where the soil composition is good and the climatic conditions favorable, it would be advantageous to start growing fruits. You can afford to grow different fruits at the same time or choose to grow a handful of fruits, especially fruits that are in high demand in your area.
With the right information to help you get started, you would be surprised at the large market you will conquer if you start off on the right foot.
In our online resources, which you can download here, you will find all the information you need to get started in profitable fruit growing.
18. Cultivation of sweet potatoes and potatoes
Sweet potatoes and potatoes are crops eaten worldwide and can be processed in different forms. It can be eaten when cooked and fried. Crisps can easily be packaged and exported from one country to another.
So if you are planning to start a profitable farming business, consider growing potatoes and sweet potatoes. It’s an interesting way to make money because there is a market readily available.
19. Agricultural beans
Like rice and most grains, beans are another staple food consumed worldwide. This shows that there is a large market for resources. Beans, if stored properly, can last a long time and can be easily bagged and transported from one region to another. If you plan to get into farming and you live in a region or country whose soil composition and climatic conditions favor growing beans, you should consider getting into bean farming. You can grow different types of beans. Just be sure to do your research and market research before making your choice about the type of highly marketable bean in your country.
20. Cashew plantation
Cashew is a cash crop consumed worldwide. Aside from fruit, cashew can also be eaten fresh or made into juice. The nuts are also edible; they are eaten as snacks. So if you want to get into farming, a good option would be to get into cashew growing. Like most fruit trees, once your cashews have matured, you will continue to harvest the fruit for as long as possible.