5 Most Profitable Agricultural Business Ideas for Young Entrepreneurs

1. Livestock Feed Production

Market Size (2022): $570.72 Billion

Forecasted Market Size (2030): $816.78 Billion

Number of Mentions: 6

Livestock feed production is a viable agricultural business idea. The business involves the production of animal feed using raw agricultural products. According to a report by Grandview Research, the global animal feed market was valued at $570.72 billion in 2022. The global animal feed market is expected to grow to $816.78 billion by 2030 at a compound annual growth rate (CAGR) of 4.6%.

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