If you are looking for opportunities in the agriculture industry, the most profitable agricultural business ideas for young entrepreneurs are some of the best options to choose from! Traditional agriculture might not sound too appealing to the youngsters of today, but the modern agriculture has diversified into many areas which make for lucrative avenues that just might be their thing. And, contrary to popular belief agriculture is one of the most remunerative business which can also be a glamorous one.
For starters the investment costs are generally low, and the payouts are decent. While, with organic farming coming into vogue, the opportunities have grown manifold. Agriculture might actually prove to be a way of life, away from the cut-throat competition and stressful corporate life, for the driven young Turks who aren’t afraid to tread the offbeat path.
The enterprising individuals who are not quite the outdoor kind to get down to farming and agriculture might opt for the “5 Most Profitable Online Businesses You Can Start Today”. However, an agriculture business does not necessarily mean you have to get down to actual farming. Some of the suggestions and ideas we have for you can well be undertaken indoors and relate to the allied areas of agriculture. Most of them can also be undertaken with little or no training. Just some DIY guides and a keen interest can get you started. And, they might actually prove to be great avocations along with vocations.
Intrigued? Here, check out the list of the most profitable agricultural business ideas for young entrepreneurs!
11. Juices and Jams
Homemade jams and juices are becoming more popular with the health consciousness on the rise among people. And, with that the opportunities of making a fortune by making and selling jams and juices have increased too. And, if you have a knack for following recipes, this might be a piece of cake for you!
10. Cashew Nut Processing
Cashew nuts can be your key to a considerable fortune! They are expensive and in demand and with simple processing and packaging you can start selling them at a reasonable profit. Head to your local markets and farms to purchase raw cashews, and you can have the ball rolling in no time.
9. Flour Milling
You can invest in building a small flour mill for yourself at home or a rented space. The initial costs aren’t very high and with a little amount of training you can start milling grains wheat and corn into flour. Local bakeries and patisseries might be a great target market.
8. Herbs and Flowers
Herbs have a wide range of uses and have a wide market too. What’s better they can be easily grown in small quantities and do not require great farming expertise. Similarly, growing flowers in the garden can be a great hobby and pastime along with being a great business opportunities. Florists are in great demand as flowers make for great gifts and if you love flowers yourself, this might just be your calling!
7. Mushroom Farming
Mushroom farming is one of the most profitable agricultural business ideas for young entrepreneurs, which has a turnaround period of only three weeks. Yes, you heard that right! And, it has huge profit potential with demand for good quality and organic mushrooms being high among restaurant owners as well as households.
6. Solar Drying of Fruits
Solar drying might be an offbeat venture in modern times, but it has actually been around for hundreds of years. Sun drying of fruits and vegetables helps to preserve their nutritional value and has a wide range of uses in making soups and stews or even just as snacks. And, with the employment of modern techniques and a simple sun dryer, it is now easier than ever.
Little more enterprising youngsters can try their hand at packaging and exportation of agriculture produce. Demand for agricultural products is rising internationally with people being open to exploring and trying out exotic fruits and vegetables.
4. Soya Beans Processing
Soya bean is being recognized as a great source of protein and the health buffs swear by soya milk as a non-diary low-fat drink. Therefore, soya processing has become an attractive prospect and one which can be easily undertaken.
3. Spices Production
Spices are expensive and always in demand, and hence the profits that can flow from them are quite attractive. Also, organic and homemade fresh spices are increasingly being considered by people as an alternative to packaged and manufactured ones.
2. Livestock Feed
One can choose to cater to the agricultural sector by producing livestock feed for farms. As agriculture is being recognized as a lucrative sector, and more farms are coming up by the day, the demand for livestock feed is also rising.
1. Leasing of Agriculture Equipment
Yet another way you can cater to the ever-growing needs of the agriculture industry is by leasing out agricultural equipment. This way one does not have to directly engage in agriculture business and still reap benefits from the growing industry by investing in farm equipment. With definitive gains and little hard work it definitely is one of the most profitable agriculture business ideas for young entrepreneurs.