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Introduction

Rearing goats is a profitable business. Goat has been rearing since the time immemorial. Generally goat farming means rearing goats for the purpose of harvesting milk, meat and fiber. Goats are generally raised for their highly production capacity of milk, meat, hair and skins. The demand of goat milk, meat, hair and skins is very high in the world market.

Goat Products

Meat: Nowadays goat meat has a great demand internationally. And this rate is increasing rapidly day by day.

Milk: Goat milk is enriched with many necessary nutrition elements and it is easily digestible. As a result it has huge demand in Domestic and international market.

Skin: All goat breeds produce skin. But few of them produce high quality skin. For business purpose Black Bengal goat produces high quality skin.

Raising Goats for Profit

Goat farming is really very suitable for making profits. Goats produce valuable products, they are fast growing and very easily managed. They require very less care and maintenance than any other livestock animals.

Benefits of Meat Goat Farming

The global popularity of goat meat is the main benefit of commercial meat goat farming. Goat meat is very tasty and has a unique taste. By setting up a commercial meat goat farming business, you can meet up the daily nutritional demands of your family. Required initial investment is very low. Goats grow fast and become suitable for slaughtering within a year. Diseases are less in goats. Commercial meat goat farming business can be a great source of employment for the unemployed educated youths and women.

Goat farming has tremendous scope and potential in India for the following reasons:

More than 80% of the Indian 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 relished by people more than chicken or beef /pork(Consumed by a select section ) Availability of Mutton 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.

Market Outlook

India occupies first position in terms of goat population and milk production. The demand for goat meat is increasing faster than the growth in goat population. Goat plays a significant role in providing supplementary income and livelihood to millions of resource poor farmers and landless laborers of rural India. The country is largest exporters of Sheep & Goat meat to the world. The country has exported goat meat to the world for the worth of Rs. 835.75 crores/ 129.68 USD Millions 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 17% to 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 consumption is very high in the country itself.

  • Further if increase the production we can increase our share in export also because Indian meat is known as organic meat liked by European Middle Eastern countries.

Demand for goat milk and milk products for internal consumption and export is expected to rise in coming years. Goat husbandry provides glimpses of future hope for employment generation, nutritional security and prosperity to the millions of small and marginal farmers in the country.

Livestock

Livestock plays an important role in Indian economy. About 20.5 million people depend upon livestock for their livelihood. Livestock contributed 16% to the income of small farm households as against an average of 14% for all rural households. Livestock provides livelihood to two-third of rural community. It also provides employment to about 8.8 % of the population in India. India has vast livestock resources. Livestock sector contributes 4.11% GDP and 25.6% of total Agriculture GDP.