Which medicinal plant farming is profitable?

Dabur works with farmers to grow medicinal plants like shankhapushpi in Barmer, Rajasthan. Companies who buy these herbs and aromatic plants are equally bullish. “Some high-value herbs like ateesh, kuth, kutki are currently more profitable because of supply shortage,” says Amit Agarwal, director, Natural Remedies.

What is the scope of medicinal plants?

India has about 2,000 species of medicinal plants and a vast geographical area with high production potential and varied agroclirnatical conditions. 5. India is already a major exporter of medicinal plants. It is estimated that Rs, 86 crores worth of raw materials and drug from medicinal plants are exported from India.

What herbs are in high demand?

Here are ten of the most popular and profitable.

• Basil. Basil tops the list as the most popular culinary herb.
• Chives. Standard chives are a steady seller.
• Cilantro. Cilantro is another popular culinary herb.
• Oregano.
• Parsley.
• Catnip.
• Chamomile.
• Lavender.

Are medicinal plants profitable?

Cultivation of medicinal plants in a commercial mode is one of the most profitable agri-business for farmers in India. If anyone has sufficient land and knowledge of herb marketing, then they can earn a high income with moderate investments.

Is medicinal herb farming profitable?

There is also a growing interest in the medicinal properties of herbs to boost immunity, improve health and treat common ailments. The increased popularity and interest in herbs means they are potentially one of the most profitable crops for your market garden or permaculture homestead.

What is medicinal plant cultivation?

Cultivation may be defined as the production of crops (medicinal plants) using prepared land by tending them – either by unskilled or skilled people. Since ancient times several countries possess the rich heritage of herbal drugs, but only few cultivated plants are in use.

Is growing medicinal herbs profitable?

The answer is yes. Growing and selling herbs can be profitable, and you don’t need a large area to get started. One of the best things about growing herbs is that they have many uses and are often also easy to grow. You can use herbs for medicinal, culinary, cosmetic, ornamental or fragrant purposes.

What is the fastest growing herb?

Dill is one of the quickest growing herbs. Sprout to harvest, you’re looking at about 40 days. And while dill isn’t as popular as other herb varieties, it’s surprisingly versatile.

How much a farmer can earn?

If we compare the average income of farmers in different states then Punjab has the highest average farming household income in the country at Rs 2,16,708 per year while Bihar has the lowest at Rs 42,684 per year.