Livestock production is one of the major agricultural activities in Tanzania. It contributes to national food supply, converts rangelands resources into products suitable for human consumption and is a source of cash incomes and inflation free store of value. It provides about 30 per cent of the Agricultural GDP; about 40 percent originates from beef production, 30 percent from Milk production and another 30 percent from poultry and small stock production.
Tanzania is rich in livestock resources in terms of numbers and variety. It ranks third in Africa in terms of cattle population after Ethiopia (31 million) and Sudan (30 million). The estimated livestock population amounts to 18.5 million cattle, 13.1 million goats, 3.6 million sheep and 30 million indigenous poultry among other species.
Of the 88.6 million hectares of land resource 60 million hectares are rangelands suitable for livestock grazing. The rangelands have a capacity to carry a total of 20 million livestock units. Presently only 17 million Livestock Units are kept. There is therefore ample land for expansion of the livestock industry and hence the potential for investment opportunities. Tanzania has vast tracts of land with conditions suitable for commercial ranching.
Daily Vision objectives in livestock:
- To acquire land for livestock, buying and secure markets for livestock's products such as skins, milk and other products and to dispose or sell or deal in various products either in its natural raw materials or in its processed and packed.
- To carry on business of livestock products in its general, keeping poultry for eggs, meat and animal husbandry, cattle ranching and to export its products.