Top Agribusiness ideas in Kenya 2017 range from commercial farming of livestock to vegetable produce into revenues. This kind of venture relies on farming or agricultural-based activities. In Kenya most agribusiness ventures are done on a large-scale, though small-scale agribusiness activities also thrive well in Kenya,
In Kenya, unemployment is one of the thorns hurting the economy. The irony is that most educated Kenyan youths go around looking for jobs, not realizing that the best way to eliminate unemployment is through creating jobs. Kenyan Agribusiness could be the perfect path to wealth and job creation for the youth.
Kenya’s economy is ideally agri-based. This statistic only alludes to the ability of more creative ways of farming as solutions to such challenges as unemployment. In fact to those who do agribusiness in Kenya, it very unlikely that they fall or get it wrong.
However, agribusiness requires that you be very creative. You are looking at a product that you want to produce a s a business-attracting product, just like any other product manufactured from industries. This only means that you should produce what you are sure can fill an existing market gap.
Here are some of the top ten most profitable agribusiness ideas in Kenya to look out for this year.
1. FODDER PRODUCTION
Fodder is any agricultural foodstuff, used to feed livestock’s like chicken, pigs, goats and horses. There are several types of fodder, for example seaweed, bone meal, molasses, green maize etc. Fodder can be cultivated to feed livestock.
2. FERTILIZER DISTRIBUTION
Fertilizer distribution process is mostly controlled by the government. In fact, it is one of the most profitable agribusiness ideas which can be done with minimum investment. You can help deliver fertilizers to farmers in remote locations.
3. LIVESTOCK HOUSE CONSTRUCTION
Constructing poultry house, dairy farming cubicles and other such farming structures for use by farmers to rear their livestock.
4. SOIL TESTING
Soil Testing is agronomically sound, beneficial and environmentally responsive tool used for monitoring the nutrient as well as making precise fertilizer recommendations for various crops and cropping sequences ensuring no damage to the environment. Establishing a soil testing lab with a Government certification is one of an ideal agriculture business ideas.
5. POULTRY FEED MILL
Poultry feed mill is one of the most important agribusiness which you can make great profit from, particularly if your business is situated in the region where there are an appreciable number of poultry farms.
Another very good business for young entrepreneurs is starting a hatchery for eggs and selling day-old chicks to poultry farmers.
It is a highly profitable business and your return on investment is very quick. The poultry industry is one of the fastest growing sectors in the world. You can start with very little money and you can start generating an income within 3 weeks from starting.
7. SETUP A SMALL POULTRY FARM
Start up a small poultry at your backyard. Poultry farming is the fastest growing sector in agriculture and farming business, experts have said. With the increased awareness on the health implications of red meat; there’s an increased demand for white meat and birds are a source of white meat.
8. DAIRY PRODUCTS
You can start making your own dairy products like milk, cheese and butter for sale. However, you will need a detailed business plan and a SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats) of your plan and the resources you have available will be critical to the success of your business.
As a beginner, you have to try your possible best to keep cost at its lowest minimum. For example, you can make use of family labor. Talk to the people around you to help you work the farm, if you can. This is because the fewer people on the payroll at first, the better. Try and keep costs as low as possible.
9. RABBIT PRODUCTION
Rabbit production can be lucrative for an entrepreneur who has passion for animal husbandry. It is not expensive to start up. All you require is good knowledge in animal rearing. Rabbits are prolific in nature and have low mortality rate. Rabbit meat is highly in demand as it is medically recommended over red meat.
10. PIG FARMING
Pigs are mainly reared for their meat (pork) which is very expensive. Keeping pigs is not that of a big investment since pigs don’t consume as cows or other animals would. Considering this, it is therefore economical to keep pigs and resell or sell mature pigs to butcheries and make a good count of money from it.
11. WORM FARMING
Worm farming is another agribusiness that is suitable for enriching farm soil and also to supply animal protein for fishes reared in ponds. This is a one of the very good agribusiness ideas that isn’t being exploited
12. FISH FARMING
In Kenya, fish is one of the delicacies that people fancy, especially in the coastal and lakeside regions. The most sought for types of fish include Nile Perch, tilapia and Catfish among others. Rearing fish requires that you do a commercial type of farming. You will need a source of water to serve a pond (which is the most usable form for commercial fish farming). When properly done, fish farming can rake in millions.
13. SPICES FARMING
Spices are used in almost all the dishes in order to make the dish much tastier. Spices are in high demand in the market. By growing spices like thyme, nutmeg, etc. you can make a lot of money supplying them to consumers and traders. You can also decide to go into the processing and packaging of your own species so that you can earn more money from the spices.
14. LIVESTOCK FEED PRODUCTION
Livestock feed production is a small scale manufacturing business. By having access to feed ingredients and raw materials, you can begin processing feeds used in rearing livestock.
15. AGRICULTURAL LOANS
Agricultural loans can be given to farmers at decent interest. Banks and financial institutions don’t like giving loans to small scale farmers. You can step into this gap if you have lots of cash.
16. AGRICULTURAL CONSULTING SERVICES
There is a rising demand for agricultural consulting services. People having knowledge and experience in the field can start providing consulting services to farmers and institutions seeking to invest in agriculture.