How profitable is a lavender farm?

How profitable is a lavender farm?

Profitableplantsdigest.com reports that one eight-acre lavender farm in the Northwest grosses more than $1 million per year from it’s various lavender products. But the simplest way to sell lavender, which requires minimal investment in time and equipment to produce, is as dried flower bouquets.

How much money can you make from an acre of lavender?

Per the National Center for Appropriate Technology (NCAT) common lavender can yield 1,000 to 1,500 pounds of buds per acre. When sold to consumers or businesses, that equates to anywhere from $6,000 to $15,000 in revenue. If distilled into essential oils and sold to consumers at retail, the revenue increases.

Is it expensive to start a lavender farm?

Know your costs. “It might cost you about $3,000 per acre to get started. You may have to amend the soil and possibly put in a drip system. “Lavender generally grows in well-drained, sandy soil with a pH level of around 7.0.

Can I make money growing lavender?

Lavender can be one of the most profitable cash crops for small growers. Best of all, unlike many other seasonal crops, such as flowers, that are worthless if not sold at harvest time, lavender can be dried and made into even more profitable products.

Is there a demand for lavender?

Because demand for lavender and lavender products is booming, there is an opportunity for others to start growing lavender on a small scale as well, and cash in on the growth of the lavender business. Lavender farming can be a small as a backyard patch of a few dozen plants to acres of plants.

Is it hard to start a lavender farm?

Lavender is a beautiful herb that’s relatively easy to grow if you have a little extra space and the right growing conditions. You may even be able to make a little extra money by planting a lavender field.

How many times can you harvest lavender per year?

When To Harvest Lavender For Common Products Lavender Flowers (Fresh) – Spanish lavender can be harvested fresh up to three times per year. Lavender Flowers (Dried) – English lavender or Hybrid lavender (lavandin) are harvested once per year usually in mid-summer for English and late summer for lavandin.

Is lavender easy to grow?

Growing lavender is easy and rewarding. Lavender can be grown in garden beds or in pots. To grow lavender successfully it needs well-drained soil and full sun. In arid climates lavender grows well as a perennial, but in humid climates it is often grown as an annual.

Is there a market for growing lavender?

Fresh lavender bouquets. Most growers sell direct to the retail public, either from their garden or at the local farmer’s market. At our local Saturday market, lavender bunches sell for $6 each. A 20′ x 20′ growing area can produce around 300 bunches each year, worth $1,800. Larger plots are even more profitable.

Why is lavender so expensive?

Currently, the price of lavender is being driven so high because of three primary factors: Poor crop yield in 2017 and 2018. Lavender is in huge demand generally in the natural and organic market and this is adding pressure on the commodity we love.

What does it take to start a lavender farm?

Soil for lavender farming should be well drained and not too rich. Sandy soil works well, but lavender may not survive in clay. You may need to amend heavy or poorly drained soil with large amounts of mulch, gravel, sand, or compost. Proper spacing is also essential, especially in damp or humid climates.

How big is the lavender farm in Yorkshire?

Yorkshire’s original family-run lavender farm Yorkshire’s original family-run lavender farm, Lavender Gardens and Specialist Plant Nursery set in a spectacular hillside farm of nearly 60 acres, within the Howardian Hills Area of Outstanding Natural Beauty.

When is the best time to start a lavender farm?

If you’ve ever been captivated by the scent and sight of a field of lavender in full bloom in mid-summer and thought, “I want to start a lavender farm,” you aren’t alone. In the same family as mint, this herb is not as easy to grow as its cousin.

How long does it take for a lavender plant to grow?

Healthy lavender plants of all varieties can produce for 10 to 20 years. Here are some varieties you may want to consider as you begin farming lavender: English Lavender (Lavandula augustifolia): A perennial in USDA zones 5B through 8, this is the most widely grown lavender species.

What kind of soil do you need for a lavender farm?

Loose, well-draining, alkaline soil that’s not too rich is key to lavender-farm success. Typical organic mulches are not good for lavender because of the plant’s susceptibility to mold and fungus. Black landscape fabric is a smart weed barrier for growing lavender plants.