5 Most Profitable Agricultural Business Ideas for Young Entrepreneurs

3. Pesticide Production and Distribution

Market Size (2021): $78.16 Billion

Forecasted Market Size (2026): $105.39 Billion

Number of Mentions: 6

Farmers require efficient pest control solutions. Therefore, setting up a pesticide production and distribution business is ranked as one of the most profitable agricultural business ideas for young entrepreneurs. According to a report by The Business Research Company, the global pesticides market was valued at $78.16 billion in 2021. The global pesticides market is expected to grow to $105.39 billion by 2026 at a compound annual growth rate (CAGR) of 5.5%.