5 New Innovative Agricultural Business Ideas

In this article, we discuss the 5 new innovative agricultural business ideas. If you want to read about some more innovative agricultural business ideas, go directly to 15 New Innovative Agricultural Business Ideas. 

5. Agri Tourism

The growth of urban areas worldwide has created a longing for village life among city dwellers in the past few centuries. Only recently have farmers begun to take advantage of this opportunity. In farmhouses that are big enough, farmers are now offering tourists lodging and food to provide an authentic farm experience that can be counted as agricultural tourism. For many city folk that live far away from the farm, the actual process wherein crops are planted and livestock reared is a thrilling break from the urgency of the city life. Farmers can list these experiences directly on applications like Airbnb and Booking. These provide direct access to consumers and eliminate the need for middlemen. Latest research suggests that the agri tourism market was worth more than $58 billion in 2022. The market is expected to more than double in size in the next five years to reach a value of more than $118 billion by 2028.