NICHE CROPS FOR REVITALIZATION OF AGRIBUSINESS IN THE PERIOD OF UNCERTAINTY

Abstract

Niche crops are an important instrument for restoring agribusiness in war and post war periods since they contribute to diversification, stimulate innovations and ensure additional profits. They can allow reducing risks related to changing conditions and assist in creating a more sustainable and efficient agrarian sector. Growing niche crops allows broadening a variety of food products that is especially important in the context of food security when it is necessary to provide population with food products in the country which is under martial law. The study looks at the importance and economic potential of growing niche crops. It highlights the main advantages and certain challenges of production. Growing niche crops can be less competitive, since they are not widespread or require specialized knowledge and equipment. It allows farmers to occupy their niche on the market and reduce direct competition with large producers.