In this piece, we will take a look at the five most profitable crops in the world. If you want to find out about cash crops, stocks of food companies, and the industry in general, head on over to 15 Most Profitable Crops in the World.
5. Raspberries
Gross Production Value Per Acre: $10,893
Raspberries are grown all over the world and countries in Europe and North America are some of the largest producers of the fruit. They contain compounds that are known to fight several diseases; however, research is still going on to study the health benefits of the fruit. However, it does take quite long to grow the fruit, with raspberry canes requiring one year to mature and then another year to produce the fruit. They do, however, require little maintenance.
4. Spinach
Gross Production Value Per Acre: $11,202
Spinach is another vegetable that is called a super food. It is primarily known for having high amounts of iron and some even believe that spinach can help prevent cancer by flushing out carcinogens from the body. China is by far the biggest producer of spinach in the world, and the vegetable grows as a plant which is then harvested for consumption. The food must be eaten quickly if grown fresh to avail its nutritional benefits.
3. Chestnuts, in shell
Gross Production Value Per Acre: $14,574
Chestnuts have often been a staple food in areas that cannot grow cereals due to terrain constraints. They require low temperatures to grow, require copious amounts of sunlight, and irrigation in case natural water is insufficient. Like several other crops, China is the world’s largest grower of the crop. However, chestnuts are grown all over Europe and as far as in East Asia. Apart from being eaten raw, chestnuts can also be used in cakes and other products.
2. Strawberries
Gross Production Value Per Acre: $23,571
Strawberries are among the most distinctive looking fruits, partly due to their color and partly due to their taste. They also follow the old wives’ tale of fruits that are shaped like human body organs are also beneficial for said organs. To make matters even better, strawberries require little specialized knowledge and can be grown even in gardens. China and the U.S. are the world’s two largest growers of the fruit. Professionally, strawberries are grown in soil beds that are populated with the plant. They are however quite delicate and are susceptible to attacks from hundreds of pests and several diseases as well.
1. Floral Hemp used for CBD
Gross Production Value Per Acre: $38,938
Floral hemp is used in a variety of products, such as shampoos, but the most profitable use of crop is for Cannabidiol also known as CBD. Converting hemp into CBD is a tedious process. It requires using female flowers which are processed to extract the oil. Hemp use was valued at $687 million in the U.S. in 2021.
Disclosure: None. You can also take a look at 12 High Margin Products to Sell Online and 10 Least Competitive Industries in the World.
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