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Economics and Marketing

Economics and Marketing

Estimated Income and Cost of Goat Farming Unit

Estimated income and expenditure can be found as the cost varies with the region and socio-economic background of the farmers or entrepreneurs. It is advised to invest your own money without taking any kind of loan.

Disease A view of the balance sheets
A) Non-recurring expenditure
1. Construction of shed (Local materials should be preferred)
2. Storage room and laborer's room
3. Chaff cutter
4. Purchase of goats (male and female).
5. Insurance
6. Land and water facilities
B) Recurring expenditure
1. Production of green fodder
2. Dry fodder
3. Concentrate feed/mixed ration (preferably homemade)
4. Veterinary medicines
5. Expenditure of laborers (family members is preferable)
6. Depreciation on shed
7. Depreciation on equipments
8. Interest on loan
C) Income
1. Sale of milk (if possible)
2. Manure sale
3. Sale of gunny bags
4. Sale of Bucks
5. Sale of kids
Net Profit = Total Income - Recurring Expense

Marketing of Goat Products

With the increasing demand for goat products, they are gaining popularity for their unique flavor, health benefits, and sustainability. Goat farming has a lower environmental impact than traditional livestock farming, making it a viable option for consumers looking for eco-friendly and sustainable food options.

  • Chevon: Chevon is preferred to mutton in India. The digestibility coefficient and biological value of dried goat meat are 95.2 and 60.4 per cent, respectively. It has less fat due to active disposition of the animal and is liked by all classes of people. It is pinkish-red in colour, coarse-textured and has a characteristic goaty odour. Good quality, tender meat is obtained from 6-8 month old goats.
  • Milk: Goat milk has good digestibility and biological value and contains many essential amino acids. It is rich in lactoperoxidase (Lp) which is effective against a variety of bacterial diseases.
  • Skin: The maximum numbers of goat skins are produced in India due to an annual removal of goat. The good quality skins for the leather industry are obtained from these goats and are used for different purposes.
  • Pashmina/ Hair: It is used for making blankets, fabrics, summer suitings, linings, braids, nets, rugs, hats, decorative trimmings, bed spreads, show laces, curtains etc.
  • Manure & Urine: It is several times richer in fertilizing ingredients (nitrogen and phosphoric acid) than the manure of cows/buffaloes/sheep. Goat urine is equally rich in both nitrogen and potash, and is more valuable than that of any other animal. He usually leaves the goat to graze on stubbles in the field and is paid by the farmer for his field being thereby manured.

  • Marketing Channels

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    The demand for goat products is rising, creating new possibilities for farmers and merchants since goat products are becoming more popular and have unique health benefits. Goat milk, cheese and meat (chevon) are sought after by consumers looking for high quality, sustainably sourced and healthy options. Goat products are also favoured by those with lactose intolerance or sensitivity, providing a wider consumer base.