Most Profitable Agribusiness Ideas In Kenya
Here is a collection of the most profitable agribusiness ideas in Kenya. Kenya’s economy is based primarily on agriculture, which accounts for over 75% of the country’s GDP.
A person can enter this industry with little to no training. It is a field in which one can achieve financial success, particularly given the numerous unrealized agricultural potential.
Some of the most profitable agribusiness ideas in Kenya include dairy farming, poultry farming, cash crop production, and fish farming.
Most Profitable Agribusiness ideas in Kenya
1. Vegetable Farming
Without a question, this is one of Kenya’s most successful agricultural businesses. This is ideal given that Kenyans regularly eat veggies. Vegetables continue to be in high demand, and this need is only increasing.
Onions, tomatoes, cabbages, spinach, kale, and traditional veggies like managu are some vegetables you can cultivate and sell. Vegetable markets are easily accessible. You can directly sell to households, businesses, or markets outside.
2. Pig Farming
Pigs typically develop quickly and breed. All you have to do is pick the breeds that will bring you lots of money in the shortest amount of time. In Kenya, pigs are primarily utilized to produce pork. Therefore, it is advised that you choose the best breeds with quick growth to bring you income quickly.
3. Animal Feeds Production
Because it takes time and excellent marketing abilities to master, it can be a difficult business to predict. As animals cannot survive without essential feeds like marsh, this is a business that can bring in a good quantity of money. This business will be more profitable if you have your own raw materials
4. Fish Farming
Fish is always in high demand in Kenya. You can take advantage of this opportunity by starting a fish farm. To begin, all you need is a steady supply of water for the ponds and fish feed. Tilapia, Catfish, and Nile perch are some of the best fish to raise.
5. Mushroom Farming
This is another profitable yet unexploited agricultural venture in Kenya. Mushrooms (organic mushrooms) are in high demand, particularly in high-end restaurants and households. Mushrooms mature in less than two months and are ready for the markets. You can get started with as little as Kshs. 50,000.
6. Fertilizer Distribution
It is primarily the government’s responsibility to distribute fertilizers to farmers throughout the country. However, you can still outsource fertilizers from various agencies and distribute them at a low cost to farmers in remote areas. It is a low-risk venture that can be scaled up quickly.
7. Poultry Framing
It is a flooded agribusiness sector, particularly for conventional poultry farming. Exotic and kienyeji or indigenous poultry farming is the best way to make a fortune.
A Kienyeji egg costs Kshs 15-25 in Kenya, while eggs from exotic birds cost Kshs 30-50 per egg. This also applies to kienyeji and exotic meat, which are more expensive and healthier than other types.
On the other hand, typical eggs sold in retail shops cost between Ksh 10 and 15, which can also earn lots of profit if sold in bulk, with a tray of 30 eggs going for Ksh 300- 330.
8. Dairy Framing
This entails raising livestock for long-term milk production that can be sold directly to domestic households or dairy firms for processing. It is a profitable venture because Kenyans rely on milk to make tea, a popular Kenyan beverage.
Kenyans are unable to live without tea. Zero-grazing is the way to go for this venture because it requires less space and labor. You must, however, be prepared to spend money on animal feed.
9. Fresh Juice Production
This is a very profitable venture, especially if your business is located in high-traffic areas, such as malls and academic institutions such as universities. It is a very profitable venture that is dependent on your marketing and customer service abilities.
10. Hass Avocado Farming
Avocado farming is common in Kenya, with local avocado varieties dominating the markets. Hass avocado farming, which is in high demand in the European market, has quickly taken over.
One advantage of the Hass avocado is that it matures quickly. It takes about three years to mature completely. In the local market, a single Hass avocado costs between Kshs 10 and Kshs 30.