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Rearing goats is a profitable business. Since the immemorial time, the goat rearing has been always great. In general, goat farming means or intends of rearing goats for meat, fiber and harvesting milk purpose. Goats are mostly aroused for their extreme production capability of meat, milk, hair and skins. The demand of goat milk, skins, hair and goat meat is really high in the world market.
Meat: Nowadays the demand for goat meat in world-wide is extremely huge and this rate gets increasing rapidly day-to-day.
Milk: Goat milk is fertilised with many essential nutrition factors and it is easily digestible. Hence, it certainly has huge demand in both Domestic and international market.
Skin: All goat breeds produce skin but, some breeds produce high quality skin. For instance, Black Bengal goat brings on high quality skin for business purpose.
Raising Goats For Profit
Goat farming is actually so worthy for making profits. The goats generally produce valuable products, has fast growing nature and very easily managed. They require less maintenance while compare to other livestock animals.
Benefits Of Meat Goat Farming
The worldwide popularity of goat meat is the primary benefit of commercial meat in goat farming. Goat meat is extremely tasty which has an unique taste. By establishing a goat farming business, you can able to meet up the daily nutritional needs of your family. The initial investment for goat farming is very low. Goats can grow very fast and more suitable for slaughtering within a year. Diseases happen in goats are so less. The goat farming business is vitally a great source for farmers, unemployed educated youths and women.
Goat Farming Has Tremendous Scope And Potential In India For The Following Reasons :
In India, more than 80 percent population are meat eaters. Purchasing power of the people is on the rise and there is a distinct shift in consumption patterns, Non-Veg now becoming almost an essential part of the diet. Mutton is loved by the people more than compared to chicken or prok or beef meats. But, the mutton availability is less than the demand. It requires smaller investments and is not as risky a business proposition as compared to Dairy. Sale of goats/goat meat is never a problem for the above mentioned reasons.
Export Potential :
The scope for exports too is huge, however for selling goat meat abroad one has to adhere to strict phytosanitary conditions and standards of the respective nations.
India engages the first place in terms of goat milk production and goat population. The demand or the need for goat meat is raising faster than goat population growth . Goat plays a significant role in providing supplementary income and livelihood to millions of resource poor farmers and landless laborers of rural India. This country is the largest exporters of Goat meat and sheep meat to the world. India has exported the goat meat for the worth of Rs. 835.75 crores/ 129.68 USD Millions to the world during the year 2017-18.
India Is a Leading Goat Producing Country
- Goat population – 160 million.
- India rank-2nd.
- Rank 1st is of china with 180 million goats.
- India contributes about 17% of the world goat population.
- Indian goat industry registered 5% growth rate in spite of having 45% slaughter 5-10% mortality.
- Rank in goat meat export is 11th. This means goat consumption is so high in the country.
- Further, if we can increase the production that will impact on our share in export. Also, Indian meat is well known as the organic meat that liked by more European Middle Eastern countries.
Demand for goat milk and milk related products for internal use and export is anticipated to rise in the coming years. Goat husbandry provides glances of future trust for employment generation, nutritional protection and prosperity to the millions of minor and marginal farmers in the country.
Livestock plays an important role in Indian economy. Almost 21 million people are depends on livestock for their support. The livestock has contributed about 16% to the income of small farm families as against an average of nearly 14% for all rural households. It provides livelihood or support to two-third of the rural community. It allows for employment to about 8.6 % of India population. Also, India has huge amount of livestock resources. Livestock sector imparts 4.11% GDP and 26% of total Agriculture GDP.