Though, goat farming is not a new enterprise. It is becoming very popular day by day due to its high demand and good economic prospects. Rearing goats has always been a profitable business. Goats are being reared since a very long time for the purpose of harvesting milk, meat and fiber.
But the most profitable method which is gaining momentum for the past few years is commercial goat farming. Hence, many producers are thinking to establish a commercial goat farming business, as goats are among the main meat & milk producing animals. In this article, we will inform you about the various benefits of commercial goat farming, how can you set-up your own profitable commercial goat farm and earn good money by it.
What is Commercial Goat Farming?
Commercial goat farming is a process of rearing goats for commercial production of milk, meat and wool (leather). Its popularity in India is increasing day by day as the demand for meat is growing. It has been deriving many modern farmers, unemployed educated youths, famous businessman & many others to take up this business on a commercial scale.
Different Benefits of Commercial Goat Farming:
Commercial goat farming has several benefits. In other words, it is a great business idea with good returns of investment ratio (ROI).
Therefore, it is gaining momentum around the globe. Some benefits of commercial goat farming are below:
1. Profitable Business:
Commercial goat farming is a guaranteed profitable business idea.
2. Less Capital:
Capital required for this business is comparatively less than any other business opportunities. You can simply start it with a little amount of goats. With proper care and management, you can make your business profitable within one year or two. Goats require housing or sheltering facilities less as compared to any other livestock animals.
3. Business Growth Rate High:
As goats produce kids more than once a year, so, even if you are starting with a few goats, you will be able to grow your business fast.
4. Easy Maintenance:
It is very simple to maintain goats and its maintenance costs are also less.
5. Less Labour Cost:
Goat farming can be done even by unemployed educated youths, women, ex-serviceman, businessman as it require less labour cost.
6. Government Help:
Government of almost all countries are providing necessary training and other facilities for establishing goat farming business.
7. Good Investment:
Various local, government and international banks are interested to invest in this business with a very little terms and condition. There are some government banks providing loan facility with a very little or no interest.
8. Less Risk:
Diseases & other risks are minimum as compared to any other farming business.
How can you set-up your own commercial goat farm?
1. Right Location:
First step is to select a suitable place to set up a commercial farm. You must ensure that your selected location has all types of facilities for goats. There must be a good source of clean and fresh water. Set up a tubewell, pond or any other types of water reservoir. Choose the farm location near villages, so that you can get labor for your farm easily and cheaply.
Good transportation system plays a vital role while selecting land for farm. It will help you to keep good relation with your nearest market and other source. Establishing farm, far from naxalite areas will be a better option.
Make sure that the location is chaos, noise and pollution free and veterinary service is nearby available. Goats require grazing place. So, determine whether you can make a pasture or not.
2. Choose Right Products:
First, determine whether goat meat or milk has a great demand in your local area. Then, depending on the more demand, you should start a commercial dairy goat farm. If your location has sufficient facility for marketing your products internationally, then you can establish goat farm for producing any types of products. But for commercial purposes, you must establish meat or dairy goat farm which will give you more profit.
3. Breeds:
Select the proper goat breeds for your commercial farm. There are numerous breeds around the world which are highly meat productive, some of them are famous for milk production, some goat breeds produces high quality skins and fiber. However, some highly productive goat breeds are Beetal, Saanen, Boer, Black Bengal, Anglo Nubian, Jamunapari.
4. Good Housing:
One must ensure a good designed house with all types of accommodation facilities. It influences the total production and profit from commercial goat farming. On an average, 1.5-2.0 squire meter housing space is needed per goat. Thus, build your house as per the number of goats. Keep separate room for buck and does, inside the house. Also, make a separate room for the kids. Making an extra room for milking the goats will be profitable in commercial goat farming business. Proper ventilation & drainage system is a must. There should be sufficient flow of fresh air and light inside the house.
5. Fencing
Make a fence around your farm area. It will keep your goats safe and free from other harmful animals like dogs. You can make a fence with general wire or electric wire.
6. Feeding
It is the most important part of commercial goat farming. Good commercial production with maximum profit is mostly dependent on feeding high quality fresh and nutritious food. Provide your goats with enough green food with nutritious complementary food regularly. Observe the health condition of goats. If there are any thin or weak goats, then separate them and provide them with some extra nutritious food.
Always remember that you must never feed your goat used, damp or contaminated food. Store your goat feed in cool & safe place. Put the food basket high so that wastage of food is less.
7. Breeding
In today’s time, various modern farmers are using artificial insemination system for breeding in commercial goat farming. It is very suitable for large scale commercial goat farming. If you have just started up with few goats then you must use natural goat breeding. You can contact with your any nearest organization if you are interested.
8. Veterinary Services
The health of goats plays vital role to generate a good and profitable business. Though, diseases are less in goats. But, be sure of the availability of proper and sufficient veterinary service in your farm. If your farm is located near to any veterinary service center then it will be better. You must store the necessary medicines and vaccines in your farm. So that if anyhow something goes wrong, then you will be able to provide first aid.
9. Pasture
Making a pasture is a must for commercial goat farming business. If you are making a pasture for your goats, then you can decrease complementary food cost. Also, browsing in the pasture also helps to keep the goats healthy.
10. Regular Care
Always take good care of your goats. Don’t ever delay or stop caring your goats. You must provide them good care and management. Proper care & management will ensure maximum production and high profit from your business.
11. Marketing
Though, it is the easiest but most important part of commercial goat farming. So, now when everything goes well & if you get good production then it’s the time to market your products. Firstly, try your local market, then big markets in your country. Only after that, you can try international market.
So, follow the above steps very carefully, if you want to start a goat farming business. Don’t forget that commercial goat farming is a very profitable business. Let us know what more you want to know.
