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Growing Garlic for Business
To successfully enter the market with agricultural products, it's not necessary to cultivate crops in high demand. Typically, the supply in those segments is also substantial, resulting in lower product costs and intense competition. A smarter approach would be to identify a less obvious niche with fewer competitors. In this scenario, there is an opportunity to generate higher profits with smaller production volumes while keeping competition at a manageable level.
Successful Farm: How to Start a Business Growing Crayfish?
Crayfish are a highly sought-after food product that is eagerly purchased by major supermarkets, restaurant chains, as well as smaller eateries and retail outlets. Despite this, competition in this sector remains relatively low due to the limited number of specialized farms cultivating crayfish. The high demand and inadequate supply could make crayfish farming a highly profitable venture in the long run.
Growing Rice as a Business
Rice is the oldest and one of the most popular cereal crops in the world. Over 30 million tons of rice are produced globally each year, a number that continues to rise as demand grows. In Asian countries, where rice is a staple food, it is consumed three times a day, with an average annual consumption per person exceeding 150 kg. It's no wonder that the production levels struggle to keep pace with such high consumption rates.