THE TEN LUCRATIVE AGRICULTURE BUSINESS IDEAS WITH NO FARMLAND REQUIRED

HIDDEN SECRET BEHIND SUCCESSFUL BUSINESS

To profit from the agriculture industry, you do not need to purchase land and begin cultivating. In truth, the people who made the most money from agriculture are not often farm owners. In other words, anyone with a strong enough interest can make a lot of money in the agricultural industry.

The agricultural industry offers numerous attractive business and professional options. This post is for you if you are interested in agriculture or want to learn about agricultural business ideas.

I’m going to share with you some profitable agriculture business ideas that don’t require you to own a farm or do any farming. Hopefully, at least one of these suggestions will pique your curiosity.

Agriculture Advice

The majority of farmers in underdeveloped countries such as Nigeria lack the information needed to enhance agricultural productivity. However, with the right expertise, they may get more out of the same expenditure and area.

Agriculture consulting is the agricultural industry’s research backbone. As an agric consultant, you will advise and train farmers on optimal agricultural methods, such as the adoption of high yield seedlings or fingerlings, soil management, and other modern farming techniques. Additionally, modern technology and instruments can be used to enhance farmers’ traditional expertise in order to increase yields and generate healthier goods.

Consultants are in high demand as local and state employees, private-sector personnel, and dependent contractors.

Processing and packaging of farm products

Food processing, from rice to cassava to plantains, is an important and profitable aspect of the agricultural value chain. You may readily locate collections of processed and well-packaged farm food in any grocery shop or supermarket. With the growth of the middle class and urbanization, there is a greater demand for processed, branded, and packaged foods. Consumers are becoming more health conscious, which increases the demand for nutritious pre-packaged food.

In Nigeria, for example, the food processing and packaging sector is projected to be worth $545 million. This creates enormous opportunity for companies to profit from this area of the agricultural sector.

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Marketing of Farm Produce

There is still a significant gap between farmers in developing countries and the market. Many farmers struggle to find a customer prepared to compensate them fairly for their efforts. Whereas some farmers lose significant amounts of their goods before it reaches the market due to protracted storage and insufficient market access.

Furthermore, there has been an upsurge in agricultural activity in recent times, most likely as a result of continuous education about the sector’s prospects. These new farmers will have to market their farm products. This is where you come in as a go-between for farmers, buyers, and takers.

Internet marketing technology has simplified the marketing process significantly. There is the potential of developing e-commerce platforms to assist farmers in listing their products so that purchasers can find them. You can also reach out to businesses that use new farm supplies, such as restaurants, hotels, supermarkets, processing and manufacturing firms; you are actually creating a market for those who do not have access.

Transportation for Farms

Transportation can be a huge issue for small farmers trying to get their crops to market. A farmer’s ability to move products into the supply chain can be hampered by a lack of transportation. Access to transportation for farmers can be a profitable operation with a solid business model.

Entrepreneurs can supply transportation materials such as trucks, trailers, and other livestock and produce-specific equipment.

Agri-Tourism

In recent years, more individuals in cities have expressed an interest in learning more about where their food originates from and how it is produced. People want to tour the farm now that they’ve seen the eating side of farm-to-table. The recent emergence of agri-tourism as an industry is promising for entrepreneurs.

Farm tourism has traditionally been consigned to individual farmers, who will organize small tours of their farms for interested tourists. Agri-tourism consultants have also sprung up to assist farmers who may lack experience with customer interactions, liability, marketing, and event organization. Innovative businesses can also collaborate with farmers to host tourism events on their farms.

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Farming Technology Solutions

There are an increasing number of mobile applications available to help farmers be more successful and efficient in their farming processes. These applications provide weather forecasting, crop and soil testing, training, disease management data, security surveillance, and a variety of other functions that help improve planting, growing, and harvesting.

There are other apps that connect farmers to financial services like loans, payments, insurance, and general banking and accounting. There are apps that help farmers sell their products in larger markets.

There is also a demand for drone services for a variety of applications. These are just a few of the many ways entrepreneurs are leveraging technology to improve agriculture.

The Uber Approach to Equipment Leasing

Uber is a modern-day company with a global presence. Their business model has been imitated in several industries all around the world as a result of its unparalleled success.

Uber’s business model of on-demand ranting cabs has inspired other industries worldwide, including agriculture. Farmers can save money and effort by renting their farming equipment through services.

The majority of agricultural products produced in Africa are produced by smallholder farmers. Because owning farming equipment and gear is more expensive than leasing it, small-holder farmers will profit the most from the uber model of farming. Opportunities include inventing and building applications that connect farmers and equipment owners together on a single platform, as well as purchasing and leasing this equipment.

Agribusiness Education

People who are discovering the prospects for wealth creation in the agriculture industry require training to learn the fundamentals and business of farming. There are lucrative chances in teaching people how to farm various livestock and crops, as well as in the agricultural sector. If you are confident in your abilities, you can teach young farmers who will pay for your classes. You can begin an online farming class as well as farm visits. This is a fantastic alternative for older, experienced farmers searching for a way to retire.

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Also, as a young farmer, if you are proficient and have the ability to influence information, you can begin teaching others about farming. This can be highly profitable for folks who wish to share their experience with the future generation of farmers rather than just work in the field.

Agriculture Product Exports

If you have international contacts, you can start a farm produce exports firm. You must then collaborate with a number of local farmers to harvest their crops and export them to your foreign purchasers. There is a lot of money to be made exporting farm products if you understand the exportation procedures in your country and have an inventive company plan.

Make an investment in agriculture.

If you don’t want to have direct touch with the agricultural industry’s upstream and downstream but have spare cash, you can invest it and have others perform the work. There are numerous agricultural crowd funding platforms available, with up to a 15% return on investment in 6 months. Before giving anyone your money, conduct thorough investigation and due diligence. You can easily make your money work for you if you invest with the correct individuals. You will have a source of passive income while continuing to work or run your business.

conclusio

Overall, the agricultural industry has a broad value chain, and its huge potential are available to everybody with an interest. You only need to choose which component of the value chain best suits you and begin investigating the options.

 


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