There are numerous benefits or advantages of goat farming business. That’s why many farmers around the world are raising goats for profit and also for making their livelihood. Goats are smaller sized animals and they generally require less care and management.
Goats are actually wonderful creatures. They are curious, smart and lovable. Goats are being raised with other livestock animals around the world for their meat, milk, skin etc. Goats are suitable for both small scale and commercial operation.
Today, many beginning and existing farmers are raising goats commercially for making profits. And commercial goat farming business is gaining popularity rapidly throughout the world.
Very good demand of the goat products in the market, low operating cost and availability of many quality goat breeds are the main advantages of goat farming business.
In some countries, there are some large companies available which are raising goats commercially and contributing a significant portion of the total market demand. And raising goats in such large scale is very profitable.
Total world population is increasing gradually, and total food demand is also increasing. Both small scale and commercial goat farming business can play a very important role to meet up this increasing food demand.
Goats are raised for many different products such as milk, meat skin, fiber etc. Both meat and milk of goat are very tasty, nutritious and considered good for human health.
Goats are among the main meat producing animals in many countries. For example, goats are among the main meat producing animals in India.
Most of the people consume meat, generally prefer goat meat. Goat milk is popular in some areas, and the skin is also valuable. Goat products have great demand and price in both domestic and international market. So, commercial operation has many opportunities.
What are the Advantages of Goat Farming
Goats are smaller sized animals and they generally require less care and maintenance than other domestic animals. They play a very important role in the rural economy of many poor countries.
There are numerous goat breeds available throughout the world to choose from, and goats are multi-purpose animals. However, here we are describing more about the notable advantages of goat farming business.
1. Less Space Required for Raising Goats
Goats are smaller sized animals, and they actually require very less space as compared to many other domestic livestock animals. Goats can accommodate themselves in many different conditions and environments. They have less housing demands, and they can do well with minimum facilities inside the house. Even, you can also raise your goats with your other farm animals in small scale farming.
2. Many Breeds Available
Availability of many different breeds, is among the main advantages of goat farming business. Some goat breeds are good for meat production, some are good for milk and some goat breeds are very good for fiber or mohair production.
Some good meat goat breeds are Boer, Black, Bengal, Sirohi etc. Saanen, Toggenburg, Anglo Nubian and Jamunapari are some highly milk producing dairy goat breeds.
Angora and Cashmere goats are good for fiber or mohair production. You can choose any breed depending on it’s availability in your area, and also depending on your production purpose.
3. Numerous Utilities
Goats are actually multi-purpose animals and they are raised for many different purposes (which is among the top advantages of goat farming).
Goats are generally raised for meat, milk, skin, fiber and manure. Some people also prefer raising goats as pets. Goat manure is also very good for using as organic fertilizer in the crop field.
4. Goats Require Less Feeds
Goats generally require less feeds due to their smaller size. And there are some goat breeds available which can survive in very low quality feeds.
5. Caring Process is Easy
Depending on the breeds or variety, goats generally require less care and management than many other domestic animals. They are very active and can take care of themselves. Women and children can also take care of them.
6. Goats Can Adapt Themselves to Many Climates
Goats are very hardy animals and they can adapt themselves to many different climatic conditions. And it is among the notable advantages of goat farming business. Depending on the breeds, goats can tolerate a wide range of climatic conditions throughout the world.
7. Goats Grow Faster
Goats are among the very fast growing animals. On average, the goats become mature faster and they multiply their numbers in the flock within a very short period of time. They reach breeding and slaughtering age much faster.
8. Goats Are Hardy Animals
Goats are very strong and hardy animals. They are capable of surviving in poor conditions than other animals. They can survive and are capable of resisting many common goat diseases and problems.
9. Less Caring Costs
Goats generally require less care and management, so the caring costs are also very less. You can raise several goats easily in your small farm.
10. Easy Marketing of the Goat Products
Goat products have very good demand in the market (both domestic and international). So you don’t have to worry much about marketing your products. Goat meat, milk or other products have no religious taboo, and are highly accepted for consumption.
11. Great ROI
As the cost for raising goats is very less, so you will be able to make very good profit. The return of investment (ROI) ratio is significantly good for this business. So, you will be able to make good profit as compared to the total farm operating costs.
12. Less Risks
Risks of loss are very less for goat farming business. Starting the business generally require less initial investment or capital. Required space and other operating costs are relatively less. So, the goat farming business is virtually a risk free business.
13. Eradicating Poverty
Goat farming business can play a very important role in eradicating poverty from the poor countries. Goat farming is profitable and you can make good profit from this business. So, it can be a great way for eradicating poverty.
14. Creating Employment Opportunities
Commercial goat farming business can create a very good employment opportunities for the educated unemployed people. Educated unemployed people can enter into this profitable business instead of seeking for traditional jobs. And this is also among the main advantages of goat farming business.
These are the notable advantages of goat farming business. It is always good to learn about the advantages and disadvantages of any business before starting. Hope this guide has helped you determining the advantages of goat farming business. God bless you!
