Animal Husbandry

10 Most Demanding and Profitable Livestock Farming Business Ideas Worldwide

Abha Toppo
Abha Toppo
Pic Credit - Rain harvesting

Farm animals have been a good source of income for people since ancient times. And if we talk about the present scenario then livestock farming has become a profitable business both as large-scale and small-scale. Today in this article we will be talking about some most profitable livestock farming business ideas.

All you need to start a great livestock business is a little space at your backyard and selection of a demanding farm animal in the market. If you don’t have enough space in your house then you can take a place on rent.

poultry

Top Livestock Farming Business Ideas

Poultry Farming

A person can start poultry farming for two things - meat and eggs. Generally, egg-producing hens are layers while meat-producing hens are broilers. As the demand for meat of chicken is growing gradually, poultry farming is a lucrative livestock business for you. And the best thing is that you can easily start poultry farming on a small-scale or large-scale basis.

Goat Farming

Goat farming is also a profitable livestock business for the farmers. Goat not also gives you milk but also delicious meat. Another benefit of goat farming is that it requires low-investment but in return gives high-profit to farmers. Also you don’t need a big area for keeping the goats as their body size small in comparison to other livestock animals. In addition, goat farming promises quick and high ROI depending on the investment amount.

dairy

Dairy Farming

Dairy farming is another popular livestock business all over the world. Dairy farming is a great way for you to increase your income and access to more nutritious food for the family. While subsistence dairy farming gives not only fresh milk along with a source of basic income, value-added products such as ghee, butter and yogurt but also provides a high source of revenue.

Fish Farming

You can also opt for fish farming, which is another lucrative business for those who have ample water bodies. Nevertheless, you can also raise fishes on artificial tanks. You can raise different types of carp fishes, shrimp, catfish, salmon and prawn. While starting a fish farming business, it is important to do a market research and analysis to understand the local demand. These days, ornamental fish farming is also gaining popularity.

pig

Pig Farming

Pig farming is gaining huge popularity these days. As per estimates, over 1 billion pigs are butchered every year worldwide. The largest pig exporting nations include the European Union, the US and Canada. Usually pigs are used for human food but its skin, fat and other materials are also used for clothing, cosmetics, processed foods ingredients and for medical purpose.

Crab Farming

Mud crabs are popular in the Asian countries including India, Bangladesh and Thailand. These asian countries are the key producers of mud crabs. It is important to mention that crab meat has huge international market demand. Also the flesh of mud crabs is delicious. With very low investment, you can easily start and run a mud crab farming business.

quail

Quail Farming

Although quail is a small poultry bird but its farming is very profitable. Few benefits of quail farming include quick growth, early sex maturity, short generation interval and prolificacy in egg production. In addition, quail meat has lesser fat and lesser calories, making it a perfect food for health-conscious people around. Also quail meat and eggs are rich source of vitamins, essential amino acids, phospholipids & unsaturated fatty acids.  

Pearl Farming

These days, cultured pearl industry is getting huge importance. These cultured pearls make up almost 100% of the pearls sold nowadays. You can produce pearls artificially in a pearl farm.  Pearl farming is a highly profitable business, but it requires long-term planning.

Sheep Farming

Sheep farming is yet another profitable business for livestock farmers. One can raise sheep for its fiber, milk and meat. But, you need to select specific breeds depending on the agro-climatic condition of your area. Some of the important sheep producing countries are India, China, Australia and Iran. Before beginning with sheep farming, you need to draft a clear business plan that should include financial costs as well as revenue.

Duck Farming

Duck farming is also money-making if done properly.  There are many meat as well as egg productive duck breeds available all across the world. If you are planning to begin a low-cost livestock farming business then you can consider duck farming. Ducks can be raised without water also. In addition as ducks are strong birds, they don’t need extra care and management.

Hope you liked the article, if you want details about any particular livestock farming then do let us know through the comment box given below.

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