Saturday, January 4, 2014

9 Profitable Livestock Farming Business Ideas And Opportunities

1. Cattle farming

Cattle farming is a business that appeals to people who the needed vacant land and resources to make it work.

Now as long as milk, meat, leather products, etc are in demand, cattle will remain a profitable business.  Another is Grass cutter farming.

For those who are interested in this cattle business, it is important you know that there are several avenues to make money from this business.

You can either choose to breed bulls or cattle for their beef or go into full scale diary farming (milk products).

In fact, you can also make money by selling their dungs to organic fertilizer production companies.

2. Goat farming

Goat farming is no longer a new business.

 Rearing goat is a very lucrative and profitable business because goats have a low mortality rate as they are resistant to diseases, weather, and they are omnivorous.



3. Sheep farming

Sheep breeding business can be very lucrative and a profitable venture more especially if you raise a good number of them.

However, for an entrepreneur to succeed in such a venture, patience is required as well as understanding the cycles of your business.

4. Poultry farming

Poultry farming is a viable business anytime any day and the good thing about poultry is that its demand is rising; since people are now reducing their intake of red meat due to health issues.

 There are several aspects of poultry you can venture into such Chicken farming, Turkey, Guinea fowl, Quail, etc.

Another livestock farming business you can consider is pet birds farming.

In this case, you will be breeding birds for pet purposes and other domestic use, not for consumption. Example of pet birds include Parrot, Doves, Pigeons, Peafowls (Peacocks and Peahens), etc.

5. Fish farming

As a Professional, I can tell you this is about the most profitable of all Farming Business, If properly managed. others include  Shrimp farming, Lobster farming Crab farming.

Fish farming can be divided into two basic categories; which are fresh water fish farming and salt .

 The demand for fish can never be met and about 70% of fishes consumed in Nigeria are still being imported; thus making fish farming a profitable venture.

6. Snail Farming

Another lucrative livestock farming business you can venture into is snail farming.

As the migration from red meat consumption to white meat increases, the demand for snail will increase as well because snail is a good source of protein.

With just a little capital and small garden space, you can kick start this business.

7. Pig Farming

Running a piggery is another profitable venture with less competition. Most people shy away from rearing pigs because of religious beliefs and the capital + labour investment it requires.

8. Guinea pig farming

Breeding guinea pig is very lucrative and rewarding because they are very prolific. First of all, mating them is very simple.

Rearing them is as well easy and at the end of the day, you will smile as you watch these little creatures grow and develop. Just ensure that you will be capable of providing good homes for the babies.

9. Rabbit Farming

Rabbit rearing is a business that requires less space and the farming can be done anywhere; from a standard farm, backyard, on terrace or even at home.

The capital investment for this venture is very small and the profit potential is huge.

Best Of Luck To You.

No comments:

Post a Comment

Note: The Comments That Advance The Information Posted Are Welcome. If Your Comment Is Irrelevant Or Inappropriate, It Will Be Deleted.
The Views Expressed In The Comments Do Not Necessarily Represent That Of The Owner Of This Website. For More Information, See Terms Of Use, Privacy Policy Or Call 0092348033451818. Thank You For Visiting.