How Much Do Medicinal Herb Farmers Make?
Rent costs for your Medicinal Herbs Farming very much depends on your location. This cost will vary by both region and specific areas of town: a lease in the heart of Manhattan could cost over $80,000/month in rent. Meanwhile, a storefront lease in Florida or Tennessee could cost less than $1,000/month.
Bharat Bhushan of Jammu & Kashmir turned his 2-acre maize plot to lavender. "Returns are four times more than from maize," he says.
It is well within the reach of a herb farmer to earn over $30,000 per acre of land each year by choosing high-priced and popular herbs. Lavender is processed into oil, dried flowers and other products.
Starting a Herb Business Guide
- If you’re looking to start a herb business, you’ll need a mini-greenhouse/raised bed to grow your plants.
- Decide which herbs you want to grow.
- Plant your herb seeds and care for your plants.
- Once flowering completes, you can sell your plants!
Marketing and Selling Medicinal Herbs
- Herb farms make money by selling culinary herbs to wholesalers, restaurants, and consumers.
- Owners of herb farms can greatly improve their profits by creating value-added products from their herbs.
In order to sell your herbs directly to the customers, you can arrange a deal with the local stores, farmer markets, or even on word of mouth. One can also sell their herbs via taking online orders and providing it to the receiver at their doorstep.