Raising goats as an enterprise is very appealing to entrepreneurs – not just in the Philippines, but in other countries as well. It is especially popular among Filipino entrepreneurs because raising goats entail low initial capital investment. The animal also fits the small hold farm conditions, and they proliferate fast.
At present, raising goats as a business is widely practiced by commonly by small farmers or backyard raisers where a farmer raises one to two goats. Commercial-scale goat farming is also steadily increasing as the demand for the product increases. Goats provide livelihood to about 15 million Filipinos across the country today.
Goats as one of the main sources of milk and meat have not been fully maximized in the country. However, consumers are starting to recognize goat’s milk as a product of good value. It is more digestible compared to cow’s milk, yet with a much lower cost. Goats are multi-purpose ruminants, and a study discloses that this animal produces 58.4% milk, 35.6% meat, 4.3% hide, and 1.7% fiber. Goats can provide the answer to improve nutritional requirements of the predominantly rural farm families in the country.