Is Growing Saffron Profitable?

As you’ve probably guessed, the process of cultivating your own spices can be extremely rewarding, however, many people aren’t sure how to start and where to purchase seeds.Saffron cultivation is simple since it is believed to be a plant for beginners.In this post, we’d like to talk about the best ways to grow saffron. Also, how profitable is it to cultivate saffron?

How to Grow Saffron?

To find out is growing saffron is profitable or not. First, you need to buy saffron bulbs. In our previous article, we have discussed how to grow saffron, but we will briefly talk about how to grow saffron. Plant the saffron bulbs during fall. Saffron needs drained soil and tons of sunlight.

Saffron bulbs should be planted a few inches deep and a few inches apart. They are very low maintenance, and there isn’t much that you should do once they are planted.

Planting saffron is really easy; there are only a few points that you should pay attention to.

Is Growing Saffron Profitable?

There may be a few reasons why saffron is considered the most expensive spice in the world. A tablespoon of saffron is around 50 to 60 saffron flowers. And each saffron bulb produces one flower, and each flower produces three stigmas. Saffron flowers bloom a week every year. In addition, the saffron flower will multiply every year. Thus, you will have more and more saffron flowers each year that you can plant and sell for profit.

There are talks about the price of saffron in 2021; many people call it red gold. A pound of saffron can be sold from $500 to $5000 for wholesale and $5000 to $10000 retail price. But, as mentioned above, to get a tablespoon of saffron, you are going to need around 50 to 60 saffron flowers. Just imagine how many saffron flowers you are going to need for a KG of saffron.

Growing saffron is for sure profitable, but it requires a lot of land.

Maintaining Saffron Flower

Saffron does not require much care. But, it is important for soil that is well-drained, as the saffron bulb could rot in a moist environment. In the previous paragraph, the bulbs of saffron must be planted at least 4 inches deep since they are prone to grow and spread out 6 inches from each other.

Saffron plants do love sunlight. So, it is best to plant them outdoors in direct sunlight. This is crucial since it will help them grow and have an extended period of time before you need need to change them out with a new bulb made of saffron.

Conclusion

In this article, we talked about saffron and is growing saffron is profitable? Saffron is considered to be the most expensive spice in the world, and growing saffron is for sure profitable. However, to grow enough saffron to produce one pound of pure saffron, you are going to need to plant a few hundred saffron bulbs. Thus, if you don’t have enough space in your land or don’t have land at all, this hobby may not be yours. However, you can still plant a few saffron bulbs for your personal use.