Vegetable Farm Business Plan

INTRODUCTION

Vegetable farming is the growing of vegetables for the purpose of consumption by human beings. Vegetable growing is a practice that began in several parts of the world more than ten thousand years ago.

Initially, humans could only grow vegetables via manual labour, but as civilization came, livestock was domesticated and used to plough the farms, for vegetable plantation. In the recent time, nearly all vegetable farming processes are mechanized (especially in the advanced countries of the world), and specialist farmers tend to cultivate the vegetables and crops that are genetically disposed to doing well in their environment.

In Nigeria, vegetable farming is one aspect of farming with the ability to generate income and profits year-round. As it is, vegetable farming is one of the easiest agricultural engagements a farmer can venture into and the demand for edible vegetable is year-round, creating a veritable stream of income for the would-be farmer.

As a business, vegetable farming offers an opportunity to earn a steady income and also provide employment opportunities for a countless number of men and women. On a national scale, it also helps to reduce our dependence on other countries to meet our increasing food demand.

Major customers for green vegetable leaves in Nigeria are households. These households can be ranked based on income levels. They include high, middle level and low-level income earners having an annual income of over N800,000 to N1.5million and everything below N800, 000 respectively. Other consumers of the product are food supplement industries who make supplements out of highly nutritious vegetable like ugwu spinach.

The high demand for vegetable and its associate products has led to an increase in vegetable farmers springing up in many parts of the country. This, however, is still a far cry from the ever-increasing local demand for the product. Hence starting a vegetable farm of your own either on a large, small or medium scale is indeed a very wise decision as this will bring immense financial benefit both in the short and long term.