Indian economy is growing at an enormous pace and the demand for food is increasing exemplarily. Goat meat which used to be lavishness for most of the population is becoming quite affordable to a larger number of populations due to economic/financial growth. The economical growth leads a tremendous increase in demand for mutton in India and not enough supply to meet the demand. This demand cannot be fulfilled by traditional method of small scale backyard goat rearing in villages.
Due to shortage in supply and high demand, goat meat prices have been increasing continuously. This increased price has created a need and opportunity for a large scale organized player with scientific approach of goat rearing. Improvement in the quality of the breeds is an important factor for commercial success.
These factors have created an incredible opportunity for organized player to take a lead and be pioneers in goat breeding business. By the use of advanced farming methods one can achieve good commercial success as it has huge potential.
We can analyze that there are various advantages of Goat Farming Business compared to other Agri related Business:
- Very low electricity dependency.
- Low labour requirement.
- High job satisfaction.
- Great Returns.
Huge potential of growth along with continuous rise in Market price. The only agri business in which the producers decide the price for their products.