Agribusiness is the backbone of Kenya’s economy. Many Kenyans are taking on agribusiness and applying modern technology to make it more efficient and profitable. Below are the top ten profitable agribusiness ideas:
1. Dairy Farming
Milk is an important requirement in many Kenyan kitchens especially in making tea. Most Kenyan families prefer tea with milk in it to black tea. The current price of milk goes for Ksh. 35 a packet in milk processing plants and Ksh. 60 a packet at the shops, making dairy farming very profitable.
2. Fish Farming
Tilapia, Catfish, Nile Perch among others, are some of the fish that farmers in Kenya raise for profits. Fish farming in Kenya is on demand and many supermarkets are issuing tenders for supply. Some Secondary Schools in Kenya also making orders for fish during important school events. The current price of fish is Ksh. 500 per Kg.
3. Vegetable Farming
Many vegetables in the market offer high returns in just three (3) months of planting. Onions, Capsicums, Tomatoes, Cabbages are just a few examples of vegetables that have proved to be profitable as they can generate you a lot of income in a short period of time. A farmer with plenty of water available and irrigation equipment can still plant during the dry seasons and make a lot of money.
4. Bee Keeping
The cost of starting a bee keeping business is relatively low and the returns very high. You can start a bee keeping business in Kenya with as low as 3,000 by constructing a langstroth bee hive from your local carpenter. Other things you may need are veils, bee suits and smokers (Smokers are used to control the bees during harvest to prevent them from stinging you)
5. Poultry Farming
Chickens lay hundreds of eggs of every year which are always on high demand locally and globally. Kienyeji chicken eggs are sold between Ksh 15- Ksh 20 while exotic birds go for Ksh 10-Ksh 20. You can also raise chickens for meat and sell them for a hefty profit. Refer to our previous article about layers and broilers for an in-depth view.
6. Pig Farming
Pigs are well known in Kenya for producing meat (pork) and for bringing back huge profits to the farmer. If you decide to keep pigs you will fast realize that they are very easy to maintain. You have to choose good breeds though to ensure that you get good sizes when you want to sell.
7. Goat and Sheep Farming
Starting a Goat or Sheep business is relatively affordable and the good thing is that they do not need a lot of maintenance. From sheep you can get wool, skin ,sheep milk, mutton and manure while goats can give you milk, meat, skin and manure. If you have ever bought one (1) kg of goat or sheep meat from the butchery then you will know how expensive it is. Imagine the profits you would be making if you were selling your own goats and sheep!
8. Bull Rearing
People have been raising bulls for centuries because of their good meat. You can buy a bull for as low as Ksh 4000 and eventually sell it after one year for as much as Ksh 50,000 depending on how you have fed it.
9. Fresh juice production
Everybody knows that drinking a glass of fresh juice everyday is good for your health. The health sector has been preaching this for a long time and people are starting to listen. With the increase of juice buyers, selling fresh juice has started to become a profitable business especially if you are planting the same fruits that you are selling juice from.
10. Animal Feed Production
With many people in Kenya venturing into dairy farming, sheep farming, pig farming among others, there is a demand for animal feeds. If you are a smart business person you will realize that if you produce your own feed (which will lower your production cost) and sell it to farmers, you will generate a lot of income.