Opportunities Abound for New Businesses in Agriculture

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Agriculture is the life-blood of human existence. Come to think of it, everything we eat in one way or the other is a product of Agriculture. The grains, tubers, fruits, vegetables, and animals that eat the plants are a result of agriculture. The world runs on agriculture, and without it, there is no survival.  With agriculture playing a pivotal role in the sustenance of life on earth,  it is little wonder that in-depth research and study has gone into enhancing the productivity and output of agriculture and its many facets all over the world.

Many, today, still nurture the belief of old; that agriculture is backbreaking, physically draining toil on a field. Their mental picture, is one of a farmer in dirty overalls with a large spherical hat, bent over, tilling the soil from the quiet ushering of dawn to the darkening of day. This is certainly not true; the world of agriculture has evolved beyond onerous farm work to state-of-the-art mechanical adaptations, production and processing, financial administration, and even sophisticated legal and corporate intricacies.

For example, in Victoria, Australia, the concept of farming is setting the bar around the world. Farm work in Victoria is a completely redefined and upgraded concept with dramatic changes, using precision farming techniques to boost harvest productivity. It is one of several businesses that have thriven in the agricultural economy.

The existence of agriculture has opened up so many possibilities that cut across every sector of the world economy. Numerous business has sprung up to cater to the endless problems peculiar to the agricultural value chain, and more opportunities are still sprouting as the days go. New companies looking to take root and solve social problems can always penetrate the agriculture sector for their low competitiveness and its seemingly endless potentials.

Manufacturing business

The manufacturing agribusiness exists to supply tools, machinery, and equipment needed for several agricultural processes like cultivation, planting, harvesting, storing, etc. The boost in agriculture has mostly been from the contribution of the manufacturing sector.  There is always an increasing need for innovation and the invention of tools and machines that raise the outcome and productivity of agricultural produce. Manufacturing, as concerned with agriculture is not only about building machinery and equipment, it also entails the formulation of feeds, fertilizers, herbicides, supplies, and a host of other options. Businesses in the manufacturing chain can always find valuable mechanical solutions to the many existing agricultural problems and profit from it. Engineers, biochemists, chemists can also benefit as personnel working with these agribusinesses.

Production and Processing

The processing of agricultural produce is another business in the agricultural value chain where lots of opportunities lie. Harvested plant products such as grains, wheat, fruits, in addition to animal produce such as milk, wool, eggs, are processed in many ways into final consumer products. Processing food requires personnel that have adequate knowledge of all the stages involved, from sorting, grinding, extracting, packaging, etc. This opens up a lot of possibilities for enterprises in the business of project management, quality control, and assessment, health and safety precautions, haulage and distribution, etc.  

Intensive Research and Development of New Resources

Many innovations and developments in the agriculture sector have arisen as a result of the contribution from the study and research of bio-geneticist, biologists, food scientists, laboratory technicians, etc. A deliberate and conscious effort to increase the yield and grade of both plants and livestock is the result of hybrid species that have proven to be of immense benefits to farmers and the human race by extension. Businesses that specialize in funding research and study to increase productivity and resistance of plants and animals to diseases are of enormous importance to the agricultural value chain. 

Ownership and Management of Agricultural Facilities

The day-to-day running and maintenance of agricultural facilities, farms, and livestock could be a difficult task. The complexity requires the expertise of an enterprise adept at supervising daily operations and projects on a farm. Businesses, such as real estate that deal in land leasing, facility maintenance, and upgrade, can thrive tremendously from providing solutions to challenges peculiar to this aspect of agriculture.

Agriculture is the only means from which humans are sustained, and it is only logical that this sector will continue to have constant potentials and opportunities for both old and new businesses looking to expand and grow. New businesses and young, ambitious people can always consider agriculture for the numerous benefits inherent in it.