Top 5 Profitable Dairy Farming Business Ideas in Canada

Milk is considered a complete, healthy food by health experts. It contains vitamins, minerals, water, fat, and high qualities of proteins. Be it the milk of a goat, cow, buffalo, or any other mammal, milk is a 100% natural, safe, and healthy product. Milk is directly consumed by people all over the world.

Be it young or old, milk and dairy products like cheese, yogurt, milk powder, and whey, are the most commonly used. Some other by-products which have longer durability, like dried milk powder, Chocolate, muffin, sweets, and ice cream are widely consumed. Milk products occupy a big chunk of the food and beverage industry.

Canada has vast land of pastures. Farmers rear cattle like -cows, and buffaloes, goats, ship milk. Canadian farmers generally rear cows for milk. There is an excellent supply system in Canada for Dairy products. Farmers supply milk to respective agencies through a supply chain system and receive regular handsome income. Therefore, Canadian Farmers are rich.

The country produces a large scale of dairy products and exports them to foreign countries like India, China, Italy, and Arab and African countries.

Doing any business of Dairy products is an evergreen, consistent, profitable business. Starting a dairy business from simple to complex is always profitable. The profit depends upon the investment, location, product range, etc. Below are the top 5 Dairy Business Ideas in Canada.

Selling of Milk

Milk is the most essential food item in every family household. Feeding milk to babies or drinking tea in the form of shakes are common things in any part of the world. Being an essential item, its scale of consumption is very large.

Opening a milk shop or milk supply shop is a good business source of income. Milk can be directly purchased from the local milk producer and directly sold into the market, or can be supplied to the big supply chain network. The amount of profit depends upon the investment and scale of the business.

Chocolate production

Milk is condensed and mixed with Choco to prepare the chocolate. Chocolate is one of the highest profitable durable dairy products in the dairy processing industry. The global chocolate market is estimated to be worth $97 billion. As per market experts, the market of chocolate is predicted to expand at a 4.6 percent compound annual growth rate (CAGR). With increasing awareness that dark chocolate is healthy, Choco Dairy/confectionary product demands are consistently rising. There lies a big fortune in doing Chocolate production business.

Ice-Cream Manufacturing

Ice cream is one of the widely consumable products prepared from milk. The demand for ice cream rises in summer. Nowadays, a few decades ago, it was thought to be a seasonal product, but due to the advent of modern machines and technology, its preservation, and supply have become easier. Production of the ice cream industry could start from home to the factory level. Ice cream is currently worldwide consumed, at parties, events, festivals, ceremonies, etc. Since Canada is a tourist county, and demand for ice cream is obviously high. Therefore, manufacturing Ice cream is a good idea for doing profitable business.

Production of Milk Powder

Milk powder is one of the best long-durable products, and can be supplied to other corners of the world. Milk is dried in a factory through a systematic process and packed into tinned cans, and paper boxes. Due to its durability, it can be stored for a long time at normal temperatures. Therefore, its maintenance cost is low and profit is very high. It is also an evergreen business of good profit.

Milk Processing & Dairy Products

Several kinds of by-products are prepared from milk. Like cheese, butter, cream, yogurt, whey, and ghee. Biscuits, muffins, and many other products are also prepared from milk. Sweet is a very common and worldwide consumable product. Investment in the Milk processing industry is very profitable.

Ghee is mostly consumed in India and its surrounding continents. It is sold at a very high price. Establishing a ghee manufacturing industry in Canada and exporting to India, is expected to be a very profitable business.

Conclusion

Production of milk in Canada is done on a very large scale. Canada is a developed country. They use modern machinery and technology for manufacturing any products. Besides this, its strong supply chain system provides constant raw material to manufacturers for the production of Dairy products. Due to mass production, Canada supplies dairy products to ASEAN and European countries. The restaurant industries globally import dairy products. Therefore, starting any of the above businesses are really going to be profitable.