In most countries around the globe, around 50% of their GDP is generated from the agricultural sector. One might associate the agricultural sector with growing crops only. However, there are countless sub-sectors of this segment.
This, coupled with the fact that the environment is becoming more suitable for agricultural practices, makes this sector even more profitable than before.
In the agricultural sector, there is a wide variety of activities that one may find interest in. Activities that come under the heading of farming include growing herbs and vegetables, agricultural farming, producing seeds, establishing a nursery, livestock farming, etc.
It requires a lot of patience and skills to step foot into the farming sector. You might have to experience several losses before you incur profits.
It is also important for you to understand that there will be several seasonal variations. In order to stay relevant and in demand, it is necessary to see which type of farming is currently being demanded by the consumers.
Growing a crop that is not in demand would only incur losses for you as no one would be willing to buy it from you, and you will eventually become redundant.
There are different types of farming practices that have become increasingly popular in 2022. Some of them have been listed below.
Livestock Farming
This has recently brought in a lot of income for the farmers due to the rising trend or shift towards the consumers, including more meat, chicken, pork, beef, etc., in their meals rather than vegetables. There are different sub-segments of livestock farming, such as:
Farming of Goats:
Goats are the ones that provide us with meat and milk, and have become really popular throughout the years.
Moreover, the milk of a goat is said to have high nutritional value, which acts as a source of attraction.
Another advantage of goat farming is that one can conduct this type of farming on a very small piece of land, but the returns they receive are really high.
Farming of Pigs:
You might be shocked to know that every year; over 1.5 billion pigs are consumed by individuals. This tells us how popular this type of farming is.
However, one might need to consider the place where the farming of pigs is taking place, as in most countries and religions, pig farming is not allowed.
In other countries such as Korea, it is enjoyed by the residents. Another benefit of this type of farming is that it is also used to make clothes and medicinal items and experiments.
Farming of Dairy Items:
If a farmer wants to make quick money in less time, then dairy farming is the only solution for him.
Dairy farming provides a consistent source of income because the products which come out of it never tend to go out of demand, such as milk, cheese, etc.
Farming of Marine Life:
If you are located near any water body, then you need to take advantage of marine farming. That is because the products can be sold at premium prices if the quality of the fish is good enough.
If you are lucky enough to capture a rare type of fish, know that you would get hefty amounts of income through that.
Medicinal Farming
This type of farming would require moderate investments, and the profit per acre will be high because the herbs would be used to make a medicine which is something that does not go out of demand.
The farmers can grow different types of medicinal crops such as Atis, Bael, Aonla, etc. These types of herbs and medicinal plants tend to experience full demand and, at times, overfull demand.
So the chances of the farmers incurring losses under medicinal farming are really low and are a good medium for investment as well.
Vegetable Farming
There has been a rising trend and shift towards vegan life, staying organic, etc. (mainly because individuals nowadays want to ruin the best years of their life by eating plants).
The main advantage of vegetable farming is that one can do this type of farming in their gardens as well, and you do not necessarily have to spread it over a large area.
In the case of vegetable farming, the main vegetables that you can grow are carrots, tomatoes, onions, etc., because these types of vegetables can be grown in a small area, but they tend to generate high returns for you.
However, the type of vegetable you grow again depends a lot upon the season that is currently prevailing because you cannot grow carrots in summers as it is a winter vegetable.
Flower Farming
This might sound like a new term, but it really is not. It refers to the flowers that are grown by different individuals.
This can be done on a large scale by those who own flower shops and also on a small scale in your private house garden.
This too depends on the prevailing season as some flowers tend to die in really dusty weather or weather which is too hot and bright for them while the others sustain better in winters.
Dual Crop Farming
This is another famous type of farming in which you can take advantage of the piece of land that you have by growing more than one crop in the area or allowing cross-breeding among two crops and making a new breed of crops altogether.
This is an extremely efficient way of farming which is quite new in the market but is being adopted by many.
This further helps in reducing the risk of losses associated with farming a single type of crop because if any environmental hazard ruins one type of crop, the other type of crop would be available to sustain it.
Farmers in Florida and other regions tend to do this with strawberries and watermelon, and several other types of crops as well.
Farming of Bees
We know how bees wax, honey, and other related items are always in demand. This only makes bee farming more attractive for us.
It only requires a small amount of investment to capture the bees. The next step is to just take the honey out of the box from time to time.
This small amount of investment can help you earn a lot more than the initial amount, which is a bonus point.
These different types of farming practices can be used to earn hefty amounts of profits in 2022. With the passage of time, the trends may change, however, some types of farming have no chance of experiencing a change in demand, such as dairy farming, so it is the least risky one.