The farming business is a booming sector, just like real estate, it keeps growing. Considering the fact that we all consume farm products almost daily, there is no way we can avoid this sector.
Entrepreneurs who saw a niche here have already filled it but farming is a vast piece of cake to exhaust, you can invest in farming right now and still reap big.
Here are some of the 10 most profitable farming businesses in Kenya right now which you should invest in.
Milk is a necessity in a majority of Kenyan homes. Kenyans prefer coming home to a hot cup of tea from work in the evenings and another one as they leave for work early in the morning. Milk production is a major profitable business as a litter nowadays fetches for around ksh65-70/- in local retail stores. Venturing into it needs like 3-10 dairy cows for starters and then you can start producing large amounts of milk.
2.Goat and Sheep Farming
Goat and Sheep farming just like pig farming is affordable. All they need is somewhere vast to graze, somebody to look after them though they require minimum maintenance in gated grazing areas.
Sheep have got a variety of products from wool, skin, milk, mutton and manure while goats can provide meat, skin and even manure. Venturing into goat and sheep business is a promising venture which won’t disappoint at any given time.
3.Fresh juice production
Y’all know how healthy and refreshing glass of blended juice is. It’s profitable too since a 500ml glass of cocktail goes for around ksh90-120/- considering the place you are buying it from.
It’s even better if you are growing the fruits you will use for making the juice as profits will be maximised.
4. Bee Keeping
With a relatively low starting capital of around ksh4000-5000/- you can then make a lot of money out of beekeeping like 10,000 – more than 60,000/- per harvest considering the size of your project.
5.Animal Feed Production
Dairy farmers, sheep and goat farmers, pig farmers, poultry farmers all need animal feed, and to be precise, cheap animal feeds for their animals. Producing animal feeds is absolutely profitable because if you are using your own materials like maize stalks/cobs, beans barn, Lucerne and stuff, you can produce feeds for your own animals and then sell the surplus feeds. For example, a bag of layers marsh goes for around ksh2800- 3000/- and a bag of the marsh for dairy cows goes fro around ksh1200- 1500/-.
If you produce 10 bags each day for a start, then that’s a lot of money.
Pigs, unlike other farm animals, are easy to look after, eat virtually everything edible and yield highly whether when siring or being slaughtered for pork. They can sire up to 10 piglets and raise them up successfully. So you can buy two pigs and then the rest will be history.
If you have bought fish, once in a while, or have inquired on its price then you know how expensive that piece of white meat is. With the continuous rise in demand for fish, the price never gets any better. So see it in my view, Making ponds and starting a serious business…and then effectively filling the niche in your area. Chances of making profits are maximum as fish goes for as expensive as 800/- to1200/-
Maize is a staple food in Kenya and maize production is key in Kenya’s agricultural sector. Remember when there was a shortage of maize recently and everything almost came to a standstill????. Well, Maize and Beans farming is tedious when done manually but when mechanized, it’s as simple as Abc and in a single season, a small scale farmer can harvest up to 90 bags.
9.Vegetable/Fresh produce Farming
At the end of the day, most Kenyan households like to put a plate of steaming ugali and some vegetable and any other supplement hence the reason why demand for vegetables keeps surging. Veges take around 3 months and you harvest. Onions, Capsicums, Tomatoes, Cabbages are just a few examples of vegetables that are profitable as they generate a lot of income in a short period of a while. A farmer with readily available water and good farm management skill can plant in both dry and wet seasons and make a lot of money
Many of us love eggs, whether boiled or fried, and hen meat. For instance, Kienyeji eggs are sold between Ksh 15- Ksh 20 while exotic birds eggs sell for Ksh 10-Ksh 20. Broilers sell for around 600/- to 1000+/-.
The process of rearing chicken from a chick to a layer or broiler may be hectic but they pay back handsomely.
Other profitable farming businesses are like.
Rearing of exotic animals like horses for sale and llamas