Top 10 most profitable agribusiness ideas in kenya
Last updated on June 9th, 2023 at 08:26 pm
This article is about the top 10 most profitable business ideas in Kenya. Agriculture is the backbone of Kenya’s economy, contributing about 75% of GDP.
This is a field that requires little or no training to get involved. It is a sector in which people can generate wealth, especially thanks to the various agri-food opportunities that remain untapped.
Here is a list of profitable agribusiness ideas that can be invested in.
most profitable Agribusiness ideas in Kenya
It is undoubtedly one of the most lucrative businesses in Kenya. This is good because Kenyans eat vegetables every day. The demand for vegetables continues to grow day by day.
Some of the vegetables you can grow in the market include onions, tomatoes, cabbage, spinach, kale, and traditional vegetables like managu. Vegetable markets are easily accessible.
You can deliver directly to the farm, office or outdoor market.
2. Pig grass
Pigs generally reproduce and grow quickly. All you have to do is choose the best model that will bring you profit in a short time.
Pigs are widely used for pig production in Kenya. Therefore, it is wise to choose the best type that grows quickly to bring you profit in a short time.
- Animal feed production
It is a difficult type of business to rely on because it requires a lot of time and marketing skills. It is a business that can earn you a lot of money because the animals will not survive without the necessary nutrients like the swamp.
This business is more profitable if you have your own equipment.
The demand for fish in Kenya is not slowing down. You can take advantage of this opportunity by engaging in fishing. All you need to get started is to provide pond water and fish food regularly.
Some of the best types of fish to keep include tilapia, catfish, and Nile perch.
5. Cultivation of mushrooms
This is another lucrative business in Kenya. Mushrooms (organic mushrooms) are in great demand, especially in high-end restaurants and family farms.
Mushrooms take less than two months to mature and are ready for market. Has capital of only Kshs. 50,000 you are good to start.
6. Distribution of fertilizers
The government is primarily responsible for distributing fertilizers to farmers across the country. However, you can still transfer fertilizer from different companies and distribute it to farmers in rural areas at low cost. It’s a business that needs little money to grow.
7. Fish and poultry
It is a flooded agri-food area, especially for poultry farming. The best way to reap a large harvest is to engage in traditional or indigenous agriculture.
Locally, kenyeji eggs are sold for Ksh 15-25 while exotic bird eggs are sold at Ksh 30-50 per egg. This also applies to kieneji and meat which is more expensive and better than other types.
- Dairy farming
This includes rearing livestock for long-term milk production that can be sold directly to households or dairy companies for processing. It is a lucrative business as Kenyans rely on milk to make tea which is a typical Kenyan drink.
Kenyans can’t make tea. For this business, free grazing is the way to go because it requires less space and less work. However, you have to be prepared to spend money on pet food.
- Cultivation of Hass avocado
Avocados are widely cultivated in Kenya, where local varieties dominate the market. What has changed is the fast growing Hass avocado, which is in high demand in the European market.
One of the advantages of the Hass avocado is that it does not take long to ripen. It takes about three years to mature. The price of one Hass avocado in the local market varies between 10 and 30 Kshs.
10. Production of fresh drinks
It is a very profitable business, especially if your business is located in an important place where there are many people, for example, a supermarket and an educational institution like a university.
It is a very profitable business that depends on your marketing skills and customer service.