During this corona crisis, agriculture has developed into one of the evergreen sectors. Due to the global recession. Besides, this sector grows worldwide steadily and hundreds of business concepts related to agriculture can be quickly started.
While some farms need low investment, some can require medium to high investment. You will set up a business related to agriculture and gain good profits from it.
1. Cassava Business
In India, cassava is mostly grown in Kerala, Tamil Nadu, and Andhra Pradesh in the southern states. The Indian Agricultural Research Council (ICAR) has conducted comprehensive research and development on mango cultivation and use in cooperation with its Central Tuber Crops Research Institute (CTCRI). In addition to a series of Indian patents which include a mobile cassava starch removal system, and low-cost biotechnology to extract starchy flour with changed functional attributes from cassava, the company has an international bio-degradable starch patent.
A big part of the worldwide global market for cassava starch is the growing requirement for stabilizing and binding genetics in different food products. To stay on the market, manufacturers sell consumers creative cassava starch-based products.
Therefore, over the forecast period, the global demand for cassava starch is projected to show substantial expansion.
2. Potato Starch Business
In 2020, the worldwide demand for potato starch stood at 3.90 million tonnes. Potato starch is a fine powder from the potato plant's root tubers that contain little protein or fat. It is neutral, has high strength and low exposure to foam. It gives baked goods such as fast bread and muffins a light, fluffy texture. It also helps regulate blood sugar and digest magnesium and calcium through ingestion. It has gained prominence in the fruit, paper, garment, and pharmaceutical industries thanks to its diverse properties as a raw material.
At present, potato starch, due to the neutral flavor and high binding strength, is often used in food applications. In the food industry, pomatum starch is widely used to make potato chips, pasta, wine gums, cocktail nuts, hot dog sausages, bakery, instant soups, and sauces, as binder, additive, thickener, and stabilizer. One of the main reasons contributing to the growth of the industry is the increasing consumption of convenience food worldwide.
3. Sugarcane Juice Preservation Business
Sugarcane includes natural carbohydrates, copper, magnesium, phosphorous, calcium, and organic acids, for instance, malic acid, succinic, nicotinic acid, etc. Sugar cane juice is quite nutritious. Preservation is achieved when juice or food is maintained without damage or spoils the juice by close contact with the environment for a longer period. In urinary diseases, sugarcane juice is excellent. It clears the urinary supply and enhances the function of the kidneys.
As a levy to central and state governments, Sugar Industry contributes around 2500 crore rupees. The size of the industry is more than 40,000 crore in terms of capital. For their lives, nearly 50 million people are dependent on the sugar industry.
4. Packaged Sunflower Business
During 2015-2020, there was modest growth in the global packaged sunflower seeds industry. The seeds of the sunflower are conical fruits of the Helianthus annuus genus. These packages are usually made of jute or plastic to protect the cargo from mold, humidity, spoilage, and pests. These bags avoid solar radiation and heat content because a high oil percentage and fiber content can lead to the auto-healing of sunflower seeds during transport. Also, the market for packed sunflower seeds is growing around the world for decorative plants, oil-processing, and the production of green fodder, as it preserves products' consistency.
Furthermore, the market for sunflower seed oil is projected to grow in the production of biodiesel for cars and various industrial machinery, given the increasing environmental issues and rigorous regulations imposed by governing agencies of various countries to minimize carbon emissions. In exchange, this will boost business demand in the years to come.
NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reputable brand in the manufacturing world for the integration of strategic consulting services. The NPCS has vast expertise in the engineering sector, planners, consultants, finance experts, economic researchers, and architecture professionals.
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