Is chili farming profitable? Do you want to know how to start a chili farm?. Then read this chili farming business plan 2021 and see exactly how to start a chili farm business.
Before we proceed, it’s important that you know everything about chili and if it’s a profitable business for you.
Frequently asked questions
Below are some of the questions people search on Google to help them in their chili farming business plan.
- Is chili farming profitable?
- How do I start a chili farm?
These two questions above are the most commonly searched questions on Google by people like you who are interested in starting a chili farm. Having said that, let’s see what chili is all about.
What is chili?
Chili is among the most vital cash crops in the spice family. It can be used to make medicines and beverages. Also it can be used for ingredients. Chili is also used for vegetables, sauces etc.
Dry chilies are usually used for curry powder. Chili is used worldwide and mainly used as spice.
The major countries that produce chili are Nigeria, Malaysia, Mexico, China, Spain, India, etc.
Is chili farming profitable? Chili farming business plan
The answer is, yes, chili farming is very profitable. Like we said earlier, it’s one of the important cash crops. Cash crops are the crops you can sell and get profit. You can start it as a small scale business.
The more reason why chili farming is profitable is because it has a good export potential.
How to start a chili farm – Chili farming business plan
Now, let’s see how to start a chili farm. Below are the steps to start a chili farming business.
Step 1. Get a small piece of land
If you are setting up a business plan for chili farming, you’ll need a piece of land. You only require a small piece of land to start your chili farm. So try your best to get a piece of land with good soil texture.
The suitable soil for chili is a black soil that retains moisture.
Step 2. Buy your chili seeds for planting
At this point, you’ll need to buy your chili seeds which you can plant. You can get this from other people in this business or you check in the market.
Step 3. Start your chili farming
This is the time to start planting your chilies. Ensure you carefully do this so as to grow healthy.
Step 4. Maintenance
Maintenance is very important because it will enhance the healthy growth of your crops. You’ll have to apply manures, do weeding, apply pesticides, etc.
Transplanting is also necessary. Always do transplanting when necessary, especially in the evening time.
Step 5. Harvesting your chili
Once your crops are ready for harvesting, you can now harvest them and sell them. The ripe fruits can be harvested at frequent intervals.
You can harvest green chilies after 60 days of transplanting and harvest dry chilies after 90 days of transplanting.
Now, let’s look at some health benefits of chilies. Below are some health benefits.
Benefits Of Chili to human health
- The red, green and fresh chili peppers are rich in vitamin-C.
- They are good in other antioxidants such as vitamin-A.
- It contains a good amount of minerals such as potassium, magnesium, iron etc.
- It can also be used in the treatment of cancer.