Is a goat farm Profitable in 2021? [Step by step Guide]

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is a goat farm profitable in a year 2021

Every beginner farmer has a question in mind: is a goat farm profitable? I will say Yes goat farming is a profitable business if done in the right way with proper management and proper caretaking of goats.  The Goat comes under small ruminants and Due to its small size and friendly behavior. It can be raised under a small space and with minimal food. Raising goats can give good returns.

On comparing goat farm with cow farm, goat farm is profitable. The cow and buffalo required large space to live and large quantities of food for better health.

Goat farming is a scalable business and can be raised 100+ goats under one shed. The Goat needs 2 to 4 percent of food every day according to their body weight to maintain their better health.

If we talk about the disease in goats then I will tell you that the disease in goats is less compared to any other livestock animal.

What is the Profit margin in Goat farming?

The profit margin in Goat farming is 50%. You can increase the profit margin up to 80% if you grow your own feed on the farm for goats. As per Me, the Profit margin in goat farming depends on the purpose and type of goat farming. 

It is better to select one purpose first and start working on it because you can make a business plan according to it.

Goat farming is an agriculture-based business, if you have your own enough land for a growing feed then you can make good money doing goat farming.

The best part of goat farming is that you have to invest money only once, after the production cycle continues the Profit comes continuously.

Types of Goat farming

There are four common purposes and types goat farming

1. Meat purpose goat farming

The consumption demand for goat meat is increasing day by day. Meat purpose goat farming is profitable and done from ancient times. The price of goat meat is increasing every six months. The current price is 600 rs per kg goat meat in tier 2 cities.

The returns in meat purpose goat farming is quick. 

Is meat purpose goat farm profitable?

Yes, meat purpose goat farms are profitable. Goat is a good source of meat, The 10 kg meat you can expect from five to six months old goats. To make meat purpose goat farming profitable you have to grow your own green and concentrate feed. You don’t have to buy expensive feed from outside. If you do this then surely you can make a very good income.

Four steps to follow before doing meat purpose goat farming for good returns

Step #1 You don’t have to go for a specific Breed for meat purpose goat farming. You can start with the local breed of your region.

Step #2 You have to purchase male goats from your local market. Go for the goat fattening by providing quality feed to them.

Step #3 castrated goats have capability to gain extra weight in limited time. 

Step #4 castrated goat meat is tastier compared to uncastrated goats. For meat purpose goat farming castration of male goats can give you more returns.

2. Milk purpose goat farming

For milk purpose goat farming the selection of breed is an important part. You can’t raise low milk production capacity goats for milk purpose goat farming.

High milch goat breeds can give maximum profit. Higher the milk production, more money you will make.

The price of goat milk is more than cow milk because goat milk is mostly used to make beauty products.

Is milk purpose goat farm profitable?

Milk purpose goat farming is less profitable. if your goat farm is located near Metro, tier 2, and tier 3 cities. if it is near, then you can make it profitable otherwise this purpose is not so popular in India. Goat milk requires a little marketing to sell which is not possible for all farmers. 

If you are looking for milk purpose goat farming then You have to approach hospitals and make contact with those who are lactose intolerant.

The price of goat milk is higher than cow or buffalo milk. But the only problem is that the goat doesn’t give enough milk compared to Cow & buffalo.

Four steps to follow before doing milk purpose goat farming for good returns

Step #1  first of all for milk purpose goat farming, Select the high milk production goat breeds like saanen goat, jamunapari goat, Jakhrana goat, Nubian and alpine goat.

Step #2 Milk replacer is most important for milk purpose goat farming. You have to feed a milk replacer to kids after 10 days of their birth to save the original milk of gaots.

Step #3 Provide all types of fodder like green, dry, and concentrate feed to goats for maximum milk production. 

Step #4 Goat milk is considered best for kids, older age people and for those who are lactose intolerant. You can also sell goat milk to hospitals.

3. Breeding purpose goat farming 

The breeding purpose is the purpose I mostly like because this is simple and has a rich formula of goat farming. It is the most profitable & scalable business idea.

For this purpose of goat farming, you have to do proper caretaking of goats. Feed goats a balanced diet for higher output and production.

Is Breeding Purpose goat farming profitable?

Yes of course this is a type of goat farming in which you can make more money compared to meat and milk purpose goat farming because the pure quality goat breed has more demand that gives double money compared to milk & meat goats.

Three steps to follow before doing Breeding purpose goat farming for good returns

Step #1 select the best and pure breed for breeding, and breeding best with best for higher returns

Step #2 one breeding buck is sufficient for the 25 female goats. The breeder should be of Good quality.

Step #3 The age of the female for breeding should be 1 year and the age of Breeding Buck should be 18 months. Less than this age can get you in the loss.

Step #4: Exotic breeds like Boer and saanen can give you maximum returns.

Step #5 Marketing of your farm is the most important part in breeding purpose goat farming.

4. Festival Purpose goat farming

Festivals like Eid and durga pooja can make you a good money while doing goat farming.

You have to be prepared for this big festival day. The Lakhs of goats have been sold On Bakra Eid. The community makes this festival magnificently

Is festival purpose goat farming Profitable?

It is a parent part of meat purpose goat farming which has enough opportunity.  I have seen a single goat sold for one lakh rupees. You can make a very good profit while doing festival purpose goat farming. It is one of the profitable types which every goat farmer mainly focuses on.

Three steps to follow before doing Breeding purpose goat farming for good returns

Step #1 Quality male gets good weight gain. So select the good quality male goat 

Step #2 Always Buy Six month age male goats for more profit and less investing.

Step #3 Do castrate goats when you take goats in the farm for maximum weight gain.


Every Purpose has their own pros and cons. The breeding purpose is one of the profitable among all.

Why should you start goat farming?

There is not only a single reason to start a gat farm. I write a lot about goats and goat farming. A lot of people ask me, is a goat farm profitable and my answer is always yes for some reasons.

I take goat farming training. I share my knowledge with my trainees. I always share this thing in my introduction lecture: Why should you start goat farming.

  • Goat is a good source of meat, milk, and fiber. The demand for goat meat is more and will increase in the future.
  • Goats can survive in every type of climate. 
  • Small body size, docile nature, high prolificacy, survival on low-grade ration, and small gestation period are some important attributes of goat production.
  • Single labor can raise 100 goats easily due to their small size.
  • Goat is an animal that can be raised under stall-fed conditions. It required limited space.
  • Goat farming requires less investment compared to other livestock businesses. For the price of one cow, you can get 5 goats.
  • The risk is less compared to other livestock.

How much Profit can you earn in goat farming?

The profit depends on so many reasons and the type of goat farming.  You can earn 6 lakhs in 14 months by following my project report. It is a proven practical guide of how much you can earn in 14 months 

To see the project report check below:

Goat farming project report of (100+4) goats

The profit can be varied if you change the purpose of goat farming.

Conclusion

We have discussed a lot about every purpose of goat farming. I hope that your purpose of goat farming has cleared after reading this post. Goat farming is profitable from every angle only you have to do it with proper management & focus.

It is a livestock business that is always in profit. The demand for meat is increasing like a skyrocket and the future demand for goat meat and meat products will definitely increase.

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Is goat farming a Profitable Business

profitable business
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is goat farming profitable ?
profitable business goat farming

Everyone wants to know Is Goat Farming Profitable Business? I will say Yes it is a profitable business because of the huge demand of Goat Meat. it is the tastier meat than any other and people of India Love to Eat Goat Meat.

Goat farming plays an important and vital role in providing nutritive food and in supplementing family incomes and generating gainful employment in the rural sector. it is a profitable business if done properly with management.

Particularly, Goat farming is a profitable business and it is one of the growing business in the whole world because its meat is tastier and the price of meat is more than other meat. it is consumed in large amount and its huge demand in the market, The market is more demanding in terms of requirements. goat rearing is for multipurpose, it is a good source of meat, milk, skin, and fiber. Goat can survive in any type of climate.

therefore, Goat farming has tremendous potential for income and employment generation, especially in rural areas. This sector is capable of changing the economy of rural areas if proper attention to be given.

Benefits in goat farming

Small body size, docile nature, high prolificacy, survives on low-grade ration and small gestation period are some important attributes of goat production.

Production of goat start in 10 to 12 months of age, it has a small gestation period, normally gives two kids in 5 months. The cost of six months of kids is normally 4 to 5 thousand also depend on its weight.

Goat milk possesses medicinal & health-promoting properties (CLA, Bioactive peptides, minerals, and vitamins),  easy to digest because of the small size of fat globules and non-allergic.

profitable business goat farming
income from meat, milk and manure

Goat sector plays a major role in Indian Economy

  • Contributes Rs. 38,000 crore (8.41%) to value of output from livestock sector (Rs. 46000 crores). According to livestock census.
  • Increase in annual rural employment from  3.2%  to 4.2% over the years
  • Goat population rise from 95 million in 1982 to 140 million in 2007 and slightly gone down to 135 million in 2012.
  • Production of goat meat increased from 0.324 Million Metric Tones in 1982 to 0.941 Million Metric Tonnes in 2012-13.  (Estimated annual value Rs 22,800 crore at current price). According to livestock census.
  • Production of goat milk increased from 1.07 Million Metric Tonnes in 1982 to 4.95 Million Metric Tonnes in 2012-13. (Estimated market value Rs 9500 crore)
  • Skin production increased from 0.086 Million Metric Tones in 1966 to 0.17 Million Metric Tones in 2012-13 ( Rs.1491 crore) According to livestock census.

Is Goat farming profitable – yes it is but profit in goat farming depends on the following factors:

Goat housing

housing of goats
Housing of goats

Goats should be housed to protect them from bad weather for example rain, sun and. Wind. Each

adult goat should be allowed a floor space of 1.5 square meters. The goats present on the farm should not be overcrowding, the disease in goat spread from one to another because of overcrowding. So proper  Goat housing management is the key for a successful farm.

Farm should clean twice a day, feeder and drinker should be clean everytime.

Climatic data can be used as a guide for the type of housing, insulation, ventilation, and other factors that must be considered for proper goat housing.

Goat breeds

The selection of Goat Breeds plays a major role in goat farming. All of your Business plans depend on the breed you select, so select the breed according to your region.

there are mainly 28 known goat breeds available in India. Some are the milk breeds and some are the meat breeds. But actually, the first priority of all goat is used for meats. The profitability depends upon the selection of Good Breed and it is the first step of your question is goat farming profitable.

Goat Feed

Healthy feed to the goat gives good health to the animal. If you do not give enough feed to the goat then you can be in loss, so give proper green, dry and concentration feed to the goats. Approximately 60 percents of spent on the goat feed in commercial or stall feeding goat farming system.

Green fodder

sorghum (jowar), bajra (pearl millet), Moringa, azola, subabool, Lucerne (alfa alfa), hedgeLucerne , maize grass, cowpea, berseem, Napier grass (elephant grass), Guinea, anjan grass (beffel grass), dinanath grass, marvel grass, sewan grass, guar (cluster bean), methi grass (fenugreek)  & tree leaves.

Concentration feed is the mixture of wheat, maize, rice bran, soy cake or any cake, mineral mixture and salt.

  • concentrate Keep your animals healthy
  • A healthy animal is more able to resist diseases and can recover more easily when it does get sick.
  • A sick animal costs farmer money and time. A farmer with a sick animal has to buy medicines, syringes, and needles. It is better for a farmer if animals stay healthy and do not get sick.
  • Treatment is also more successful if it is given early before the animal is so sick that the medicine can not help it.

Vaccination

goat vaccination for profit generation in farm

Farmers need to be aware of common diseases that affect goats in their area and then follow an appropriate goat disease and treatment vaccination programme.

Vaccination is only possible for certain diseases. With these diseases, you can give the healthy animal an injection that will stop it from contracting a particular disease.

vaccination in goats plays a major role in goat farming all of the profit depends on the herd health if the goat will be healthy than the profit will be more. So on the farm, all the vaccination done on time to time depends on its schedule. All medication should available on the farm every time.

Kid management

kid management in the farm
Kid Management
  • It is important to take good care of kids so as to reduce mortalities and improve kid growth rate.
  • A reduction in kid mortality translates into an increase in flock size and consequently the increase in takeoff in the profit.
  • The kidding area should be clean with dry bedding, The doe may be kept in the kidding area for a few days before kidding.
  • Keep the kid separate from the adult goats.
  • Cut the navel of a kid after birth and apply tincture iodine or potassium permanganate.
  • Feed colostrums to the kid after birth in between 1 hour.
  • spread the lime powder in the kid section every week.
  • Kid section should be hygiene.
  • Place the dry fodder or straw on the floor or bedding of kid so kids can not taste the soil.

Strengths of goat farming

  • Improves biological diversity.
  • Is hundreds-years-old tradition and a culture.
  • Is a chain in natural balance.
  • Goat products are very important for community health.
  • The products obtained from goats contribute on national economy.
  • Goat products are organically popular.
  • Goat milk is the nearest milk to human milk in terms of vitamin and mineral content
  • Is the main nutrition and income source for people living especially near forests and mountain villages
  • They can take advantages of damaged pasture areas because of their superior physical and     grazing talents
  • They eat many silages which other animals don’t eat and transform them into animal products.
  • There is a new structuring hope in goat farming.

Opportunities

  • The increase expectation for the demand for goat milk and products.
  • They decrease the risk of forest fires by controlled grazing implementations.
  • Goat farming is very important for rural development and economic activity diversity.
  • We know that goat milk and products are very beneficial for health.
  • There is an expectation about selling goat milk and products in the future with high prices.
  • it has the potential for organic stock farming.
  • There is cooperation for solving the problem with socio-economical and scientific approaches

Goat Marketing

When one takes goat farming as a business, the major objective is to make a profit. One can make a profit by providing a quality product that meets the market requirements. Therefore in simple terms, marketing is identifying the needs of the customers/ buyers and then supply a product (goats) that meets the required needs in the right quantities at the right time and place.

Understanding goat marketing

  • Buyers require goats of different ages, size, breeds, etc. Some buyers such as the local traders are much concerned about the size while some buyers on festivals (eid, holi, Durga puja) require quality i.e. aggressive, tall good looking buck.
  • Some of the specific goat markets are individual traders, abattoirs, NGOs, ethnic groups and export market.

In the goat business, the products that we can sell to the market are live goats, goat meat, skins, milk, and manure.

  • It is also important for farmers to be able to plan their production so that they consistently supply the required quantities at specified time intervals (e.g. 250 slaughter goats every month). This is key in business as this helps towards building longstanding and mutually beneficial (win-win) relationships with your buyers.
  • When we start our goats to organized high-value markets, we need to plan our production and logistics to meet the market requirements

Read: Profit guide and goat farming project report of (100+4) goats

Conclusion

All Non-vegeterian People know the value of goat meat but before starting commercial goat farming they want to is goat farming profitable business. yes, it is profitable if done in the right way. The Following factors like Goat Housing, Goat Feeding Disease management and other management you have to keep in mind before starting. you can also take the proper Goat Farming training to learn more about goat farming.