Agriculture World

10 Most Amazing Agri-Business Ideas for Farmers in 2020

Pronami Chetia
Pronami Chetia

India is an agrarian country where more than half of its population still depends on agriculture as the direct source of livelihood. While India is dreaming of reaching into a 5 trillion economy, agriculture is the major and primary sector which needs major focus and concern. The total farmers or cultivators population of India is 118.7 million as per Registrar General of India & Census report 2011 which consists 31.55 of total rural population. Agri-business is the most profitable and sustainable business that exist in the world if done it with proper ideas and planning. Agriculture is a sector that has so much potential in future generations with utmost profitability and sustainability.

Know the Agriculture Business categories

Agriculture Business can be divided into three broad categories and they are as follows:

  • Productive Resources like feed, seed, fertilizer, equipment, energy, machinery etc.

  • Agricultural Commodities like raw and processed commodities of food and fiber.

  • Facilitative Services like credit, insurance, marketing, storage, processing, transportation, packing etc.

Top Most Profitable Agri-Business Ideas

Agricultural Farm  

Agri-Farm is the first option which you can choose for a profitable Agri-business. One can start an agricultural farm by investing reasonable money. You can produce items as per the local demand and sell them locally. For far areas you can even supply the product through distribution channels.   

Organic Farm Green House 

Organic farming is the most sound and attractive business that people are craving for these days. The increased demand for organically grown farm products has led to the growth of this agricultural business. As there are many health risks in the foods grown with chemicals and fertilizers, people are growing organic food. 

green farm

Poultry Farming 

Without any doubt you can go for it! But you need to remember some tips and tricks to reach your success goal. Moreover, it has transformed into a techno-commercial industry from the status of backyard farming for three decades. It is considered to be the fastest growing sector of agriculture and farming business. 

poultry

Dried Flower Business 

Flower business is the most profitable and growing business across India. Flower production is one of the fastest growing crop trends in today’s agriculture. It requires all types of flowers especially unique and hard to grow varieties. 

dried flowers

Mushroom Farming Business 

By doing this business you can make good profits in just few weeks. It requires a low start-up capital investment. Even with a little knowledge of mushroom growing and with a farm mushroom farming business can be done. 

mushroom farming

Hydroponic Retail Store 

Hydroponics is high on demand nowadays. It is a new plantation technology which requires soil free way of plantation for both commercial and home use. 

hydroponices

Frozen Chicken Production  

The demand for this product is growing globally. One can start this business by living in a metro or a suburban city. 

frozen chicken

Bee Keeping Business 

Honey is one of the most valuable and demanding commodity which demands will increase more in future days. It demands day to day monitoring with close supervision of the bees. Beekeeping business is done for selling honey and other products like wax. Not to forget, as the demand for honey is growing globally. Opting for this business is a profitable venture which requires the small investment. 

beekeeping

Fruits and Vegetables Export 

One can start the export of fruits and vegetable business by collecting them from local farmers. It can be done through easy communication means like a telephonic conversation, computer with internet connection. 

fruits and vegetables

Vermicompost Organic Fertilizer Production  

‘Vermicompost’ is going to be place of all harmful chemical fertilizer in future days.

It requires a very low investment and hence can be considered profitable for the startup agricultural business. You can simply start this business by the proper know-how of the production process. 

VARMICOMPOST

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