This is a list of profitable agribusiness ideas in Kenya. Agriculture is the backbone of Kenya’s economy, contributing about 75% of the GDP. It is a sector that requires little or no training for one to venture in. It is a sector that one can make a good fortune out of, especially through the various agribusiness opportunities that still remain untapped.
Here is a list of profitable agribusiness ideas that one can capitalise on.
1. Vegetable Farming
This is undoubtedly one of the most lucrative agribusiness ventures in Kenya. This is ideally because Kenyans consume vegetables on a daily basis. The demand for vegetables keeps on growing each and every day. Some of the vegetables you can grow and commercialise include onions, tomatoes, cabbages, spinach, kale and traditional vegetables such as managu. Markets for vegetables are readily available. You can directly supply to homesteads, institutions or sell in open-air markets.
2. Pig Farming
Pigs generally reproduce and grow fast. All you need to do is to choose the best breeds which will earn you profits within a short period of time. Pigs are largely used for pork production in Kenya. Therefore it is advisable that you select the best breeds that grow fast to earn you profits within a short period.
3. Animal Feed Production
It is somehow a tricky venture to count on as it requires time and great marketing skills to pick up. This is a venture that can earn you a good amount of cash as animals cannot survive without basic feeds such as marsh. This venture is more profitable if you have your own raw materials.
4. Fish Farming
The demand for fish in Kenya never dwindles. You can capitalise on this opportunity by venturing into fish farming. All you need to start off is a constant supply of water for the ponds and fish feeds. Some of the best breeds of fish to rear include Tilapia, Catfish and Nile perch.
This is another lucrative agribusiness venture in Kenya. Mushrooms (organic mushrooms) have high demand, especially in high-end restaurants and domestic households. Mushrooms take a period of fewer than two months to mature and be ready for the markets. With a capital of just Kshs. 50,000 you are good to start off.
6. Fertilizer Distribution
It is mainly the responsibility of the government to distribute fertilizers to farmers across the country. However, you can still outsource the fertilizers from various agencies and distribute them to farmers in remote areas at affordable prices. It is a venture that requires a minimum investment to grow.
7. Poultry Farming
It is a flooded agribusiness sector, especially for normal poultry farming. The best way to reap big is by venturing in exotic and kienyeji or indigenous poultry farming. Locally, kienyeji eggs are sold at Kshs 15-25 while eggs from exotic birds range between Kshs 30-50 per egg. This also applies to kienyeji and exotic meat which is more expensive and healthier compared to the other varieties.
8. Dairy Farming
This entails the rearing of livestock for the long term production of milk which can be sold directly to domestic households or dairy firms for processing. It is a lucrative venture as Kenyans ideally rely on milk for making tea which is a typical Kenyan beverage. Kenyans can’t do without tea. For this venture,zero-grazing is the way to go as it requires less space and less labour. However, you must be ready to spend on animal feeds.
9. Hass Avocado Farming
Avocado farming is a common practice in Kenya, with local varieties of avocado dominating the markets. Things have rapidly shifted to Hass avocado farming which is in high demand in the European market. One advantage of the Hass avocado is that it takes a short time to mature. It takes about three years to fully mature. The average price of a single Hass avocado in the local market ranges between Kshs 10-30.
10. Fresh Juice Production
This is a very lucrative venture especially if your business is positioned at strategic places where there are a lot of people, for example, malls and academic institutions such as universities. It is a very profitable venture that depends on your marketing skills and customer service.