Top 10 In Demand Agricultural Business Ideas In USA For 2020
Top 10 In Demand Agricultural Business Ideas In USA For 2020
For farmers, technological development has created more opportunities to enlarge a profitable business. This is why small farms are considering potentially beneficial as both urban and rural business opportunities.
While choosing among lucrative businesses, entrepreneurs should think of ideas like rooftop gardens, bee farms, and microgreens. That’s why we’re going to share the top 10 in demand agricultural business ideas in USA for 2020.
1. Tree Nursery
If you can right, a tree nursery might a great investment. Nearly everyone farmer starts with 10 to 20 seedlings in a little amount of land area. They would have the baby trees sold out before they mature with the right marketing strategy.
It requires around $20 each to buy small trees or you can raise them from scratch. It needs to spend some time researching the way to naturally source the trees you like to grow.
For example, Fruit tree propagation can accomplish by grafting or budding. Thus, it increases your chances of producing a similar variety of trees as against using seeds.
2. Fish Farming
Investors with available land, fish farming are an ideal business. The best thing about the business is that it doesn’t always require a water body.
While creating fish ponds or investing in fish tanks, you can start a fish farm either. This is a very profitable business idea. You’ll be able to decide the type of fish to rise when you have the proper knowledge of fish rising.
Because they’re quite easy to rise and are generally in high demand, fish such as tilapia, cod, and catfish are very popular choices. Those who are small scale farms, they’re usual suppliers of fish in their local supermarkets and restaurants.
3. Dual Crop Farming
It can be either mixed cropping or intercropping while considering dual crop farming or multiple cropping. If you intercrop to raise different crops nearby, you can think about mixed cropping. It refers to raising two or more types of crops in the same area.
Since it optimizes the use of equipment, soil, and water as well as farming supplies, dual crop farming is very popular among farmers.
Also, it maximizes the production of a small farm all year-round. As it reduces the risk of total loss from calamities, drought, pests, and diseases, farmers like that.
Growing wheat and soybeans along with corn and canola are in the Carolinas. But, a few good examples of multiple cropping are growing watermelons and strawberries in Florida
Industrial farms provide above 80% of milk in the market according to the U.S. Department of Agriculture. But, a continuing decline in the number of licensed dairy farms is out there.
They leave opportunities for new entrepreneurs with available land in rural areas to explore.
However, the notable point is that dairy farms with less than 100 cows consider small. But, they still require considerable investment.
It doesn’t need to mention that the numerous rules they must follow before being awarded a license to operate.
They’ll have to learn how to improve milk volume production to be successful, those who wish to go into this type of farming business.
5. Herb Gardening
These days, people are more conscious of what they put in their food. Also, they want to appreciate how these plants contribute to a better dining experience. Ensure to emphasize variety and choose the ones that are in demand so they’re easy to sell when starting your herb garden.
With small roadside sales from your backyard, selling herbs that you cut, the plants, seeds, or all three, you can start an herb business. Moreover, you have the opportunity to sell plants and seeds online. You’ll need to create a professional website if you opt to sell your herbs online.
6. Bee Farming
As the capital need to begin is quite low, apiculture or beekeeping often starts as a hobby. For example, as a beginner beekeeper, you can start operating a bee farm with $500-$1,000. You can sell bee byproducts with this amount of startup capital.
The byproducts include beeswax, bee pollen, royal jelly, and honey. These all are very popular among consumers. When it comes to royal jelly and bee pollen, they consider the superfoods that sell at a higher price.
Although you need a small area in your backyard, you have to check with your local government unit first. You have to know if they allow beekeeping in your area.
Combined with aquaculture with hydroponics that’s cultivating plants in water is a farming method of aquaponics. It means that farmers produce crops without requiring as much water or land area.
As it’s known to produce crops faster, it translates to a lower investment cost and more potential for profit. In this case, professionals advise beginners to start small and expand as they learn how to maximize their production.
You’ll be able to sell $25,000 worth of crops in a year when you have done right. In starting a commercial aquaponics system, some consultants can assist you.
8. Microgreens Farming
As microgreens are young vegetables or baby plants, they’re around 10-14 days old. They’re 1 to 3 inches tall. For garnishing for a dish or serve in a salad, they’re the small edible vegetables that restaurants use. They’re higher in demand because customers like their visual appeal and health benefits.
So, you can take this advantage and start producing microgreens. Also, it’s easy to start farming of these vegetables as they’re simple to grow and need a very small amount to invest. And they’re considered a highly profitable investment since you can grow them in a small space.
9. Vegetable Landscaping
It might a bit expensive to start a landscaping business. But, farmers should enter this world of edible landscaping those who want to opt for a greener path.
Because of having more flexible opportunities, your required startup capital will considerably lower.
Also, while growing vegetables either on freshly tilled soil or in containers, you’ll have to invest in some tools.
You can tap into readily available lawns that homeowners do not wish to maintain themselves by launching an urban vegetable landscaping business.
Also, many suburban homeowners with too much landscape are out there to maintain on their own. You’ll get paid from them for your work.
10. Hydroponic Farming
It’s the process of growing crops that implies nutrient-rich water by keeping in contact with the plant’s roots. In this farming process, you’ll use the water body instead of using soil.
As a result, it significantly reduces the risk of wastage and pollution that can harm the product and cause diseases.
That means it’s all about careful management of the environment for your plants. As a beginner farmer, take your time analyzing your options.
And before you start your own, it’s important to learn about hydroponics from experts. This way, it could be your best business initiative.
Agricultural Business Ideas In USA For 2020 – Bottom Line
The USA is one of the largest agricultural stuff producers, exporters, and consumer countries. You might know that the human population expected to grow to 9.7 billion by 2050.
As a result, there will be more demand for farmers in the future. So, our list of farming business ideas can help you get started if you’re seriously considering going into the farming business.