This presentation is giving idea about agribusiness .

1. SUB: ENTREPRENEURSHIP
SEM:VIII
TOPIC:HOW TO START AGRIBUSINESS
MEMBERS:160140119022(Gajera Krunal)
160140119023(Gamit Sandip)
160140119025(Gandhi Mihir)
160140119026(Ghoghari Sagar)
160140119027(Ghoniya Bhargav)

2. 2
Introduction
What isAgriculture?
What is Business?
What isAgribusiness?
Objectives ofAgribusiness..
The Agribusiness System.
Important Features ofAgribusiness.
Major areas ofAgribusiness.
Scope of Agribusiness .
Importance of Agribusiness.
Nature of successful agribusiness.
Scope of Agribusiness in BD.
Conclusion.

3. 3
Agribusiness is one of the most challenging businesses today.
Agribusiness has held up a large share of business niche. The volume
of agribusiness is flourishing day-by-day.
The term agribusiness coined first in 1957 by Goldberg and
Davis.
Agribusiness is not mere a business rather it is an useful tool for
ensuring food security throughout the world and all sorts of basic
needs as most of the basic requirements are filled up directly or
indirectly with agro products. In near future agribusiness will be the
central metaphor of business system for not only in our country but
also to the whole world.
Introduction

4. 4
What isAgriculture?
Art of cultivating various categories of crops
including animal husbandry, forestry, fishery and other
related activities.

5. 5
An economic unit, Aims to sell goods and services to
customers, At prices that will provide an adequate return
to its owners, Commercialization of any enterprise.
What is Business?

6. 6
Agribusiness is the sum total of all operations involved in
the manufacture and distribution production activities on
the farm and the storage, processing and distribution of
farm commodities from them(Goldberg and Davis,1957).
Examples:Agri Chemicals Companies, Veterinary Supply Companies,Livestock
Supply Companies, Biotechnology Firms, etc.
What is Agribusiness?

7. 7
re
Develop a competitive and sustainable private sector led
agribusiness sector
Increase productivity / reduce yield gaps
Commercialization of Agricultu
Advance high potential sectors:horticulture, livestock and fisheries
Use of modern technologies
Reducing cost of production
Value addition
Export agriculture
Objectives of Agribusiness

8. 8
Input sector
It provides producers with the feed, seed, credit, machinery,
fuel, chemicals, they need to operate.
This sector provides 75% of the input used in production
agriculture.
Improvements in the quality of purchased inputs have been a
large source of efficiency gains for the entire system.
The Agribusiness System

9. 9
Production sector
It aims at producing crops, livestock and other products.
The agricultural production sector has been the cause of much
of the change in agribusiness. They, in turn, have been changed
by development in other areas of agribusiness, particularly in
technology.

10. 10
Processing/manufacturing sector
Employs millions of people in a variety of businesses ranging
from grain elevators to fruit and vegetable- processing plants to
supermarkets to fast food restaurants.
The businesses in this sector acquire raw agricultural
commodities from producers and then process them into food
products that are sold at times, at places, and in forms that are
desired by consumers.

11. 11
Agribusiness is a multifaceted point of view,complex
vertical structure, largely depend and partly
independent.
Successful decision making at firm level is the basis for
development in future.
Viability of the an industry is traceable to the viability of
the firms.
Agribusiness is market oriented.
Important Features of
Agribusiness

12. 12
Farm supplies
Production
Processing
Marketing
Research & Extension
Govt. Policies & Programmers
Major Areas of Agribusiness

13. 13
Growing demand for agricultural inputs
(Feed and fodder, inorganic fertilizers, biofertilizers).
Biotechnology applications
(Production of seed, bio-control agents, industrial harnessing of
microbes for bakery products).
Export can be harnessed as a source of economic growth.
Scope of Agribusiness

14. 14
Scope for production of marine and inland fish and
ornamental fish culture.
Scope for production of meat, milk and milk products,
poultry products etc.
Mushroom production for domestic consumption and
export.
Organic farming.

15. 15
Production and promotion of bio-pesticides and bio-
control agents.
Seeds-hybrid and genetically modified crops.
Micro-irrigation systems and labor saving farm
equipments.
Production of vegetables and flowers(Export market)
Opportunities for employment in marketing, credit,
insurance and logistic support services.

16. 16
Single most important contributor to worlds economy.
It represents approximately ¼ of total world production.
Provides employment for nearly ½ the population of the
planet.
Play an important role in the economic development of
most countries.
Maturing of production sector gives rise to other sectors.
Released workers.
Importance of Agribusiness

17. 17
The important requisites for success in a
modern business are-
1. Clean objectives
2. Planning
3. Sound organization
4. Research
5. Finance
6. proper plant location, layout and size
7. Efficient management
8. Harmonious relations with the workers
Nature of Successful
Agribusiness

18. 18
Bangladesh has a positive agro-climatic zone, which is perfect
for producing many kinds of agro-products with different high
value agricultural products such as Jam-jelly, shrimp, sea food,
fruits and vegetables that have a huge demand locally and
internationally.
Agribusiness may have brighter future in Bangladesh if the
country can avail the opportunity and overcome the
shortcomings.
Scope of Agribusiness in BD

19. 19
Bangladesh agribusiness is beginning to take roots, and it has
great potentials both at home and abroad.
This sector can contribute to increase GDP, employment
creation, improve food security, increase exports and reduce
trade imbalances, poverty reduction, and overall improvement
in the standard of living of the people.
Agriculture plays a pivotal role in our national economy.
GDP-15.33% & Labor force-45.10%,(ER-2016)

20. Agribusiness is going to dominate all over the world as a
potential business sector for which proper strategic
management is required to be developed in the country and the
supply chain management of the country ought to be improved.
It should be properly handled to raise national income, creation
of employment opportunities, raising purchasing power, and
ultimately decreeing balance of trade deficit and causing
economic development of the country and to fulfillment of
basic needs of the people of the country.
24
Conclusion