What are the best agriculture business ideas in Tanzania to start in 2021? The agricultural industry provides little more than 20% of the country’s total GDP, despite the fact that it might be substantially higher.
The agriculture industry is one of the most vibrant in the Tanzania economy. Anyone with a basic understanding of farming and industrial operations may establish a lucrative agricultural business with adequate strategic planning.
You don’t need a lot of money or farmland to get started in agriculture. If you just have a tiny plot of ground in your garden, you may still grow vegetables in small or vertical containers to make the most of your area.
In this post, we presented a list of the most profitable agriculture and farming business ideas in Tanzania that anyone may start in 2021.
1. Pig Farming.
Pig farming in Tanzania is one of the lucrative and profitable livestock businesses. Commercial pig farming is beneficial due to the fact that pigs are prolific breeders and can deliver 10 to 14 piglets in a single birth.
Pig meat (pork) has an excellent demand since the red meat is a good source of protein and tasty as well. The pork market in West Africa alone accounts for about $3 billion consumption value. 80% of that is sourced by importation. That is a lot of untapped revenue.
2. Honey Bee Farming.
Honey bees can produce lots of honey, and selling honey can be a lucrative business for people who aren’t allergic to bee stings, who don’t have a lot of money, and who have a little space in their backyard to farm their honey bees.
Honey is one of the oldest sweeteners on earth. Lucky for us, it also has many health benefits and uses. Keeping bees at the large scale for commercial purpose as a business plan is increasing in this fast growing world.
3. Rice Farming.
Tanzania is the largest producer of rice in East Africa and the third in Africa after Egypt and Madagascar producing about 3.6 million metric tons on the average annually. Interestingly, Tanzania still falls short of meeting its local demand which is placed at about 5.5 million tons.
Considering the fact that Tanzania has a huge market for rice, if you are looking for a lucrative agricultural business idea in Tanzania, you need to seriously consider entering the rice farming business which is undoubtedly one of the most profitable businesses in the Tanzanian agricultural sector.
4. Snail Farming.
Snail farming is considered to be one of the most lucrative agribusinesses you can start with low capital in Tanzania today. Yet, it is one of the most neglected animal rearing business in the country. Snail farming Tanzania provides one of the finest opportunity to make money within a short period of time.
Snail farming is a niche and unusual business type of business. It’s very expensive to buy snail to eat because snails are very dormant during the dry season, they become increasingly scarce during this period and the market is starved of adequate supply until the next wet season.
5. Catfish Farming.
There are many kinds of fish growing in Tanzania, however, many people like catfish because its meat is juicy, soft and tasty. However, not everyone knows that this fish can be grown quite easily even at a small fish farm, you can even organize catfish farming at home.
There’s a very high demand for catfishes all year round. The demand is highest from football viewing centers, restaurants and market women who buy in bulk and sell in retail either as live catfishes or smoked catfish. Individuals also demand catfishes too for personal consumption. With catfish farming, you’ll never have any problem selling your products.
6. Maize Farming.
The Maize farming business has definitely been thriving in Tanzania for decades. Maize, which is also commonly known as corn, is one of the most popular food crops in Africa. Maize is cooked in various ways and millions of Tanzanians rely on this crop because it usually costs less than wheat and rice and other common grains and cereals.
The importance of Maize production in Tanzania cannot be overemphasized. A lot of by-products are gotten from Maize. Maize production gives birth to a lot of other consumables and some of them are: Pap, Custard, Corn Oil, Alcohol, Cornflake, Animal/Livestock Feeds, Corn Flour, Corn Starch, Corn Powder.
7. Cassava Farming.
With the increasingly diverse use of cassava products in Tanzania, cassava farming is getting more lucrative with every passing day. This farm product has always been a source of lively hood and food for millions of Tanzanians. 90% of Tanzaniaan households consume cassava products every day. Some of the popular meals made out of cassava are: wheat-flour, animal feed, commercial caramel, and a lot more.
As the population of Tanzania and Africa as a whole continues to grow, the demand for cassava products will continue to skyrocket, leading to higher revenues generated by cassava farmers. If you’re looking for an agricultural business that would ensure you always almost sell out all your harvests, cassava farming is one great farming business to start.
8. Poultry Farming.
Poultry farming is the process of raising domesticated birds such as chickens, ducks, turkeys, and geese for the purpose of farming meat or eggs for food. Poultry Farming in Tanzania is probably one of the most lucrative farming business you can do. The quick maturity of chicken presents one of the finest opportunity for entrepreneurs to make good money within the shortest period of time possible.
With over 50 Million consumers in Tanzania alone, the market is always there waiting to be tapped. The demand for poultry products such as eggs is so high that people go about every day looking for where to get the supplies needed.
There’s a surge of interest in the Agricultural sector in Tanzania. A lot of entrepreneurs are taking on various areas of agriculture; disrupting and transforming it into viably successful endeavors using information technology.
From maize farming, rice production to poultry farming and fishery. Farming is starting to recover its age-old respectable reputation.