Although growing Ginseng is not as difficult as it seems, some patience and effort are required.
Ginseng seeds germinate in an average of 18 months. The humidity of the environment is very important for the growth of the Ginseng plant. The seeds sprout as of September and October and sprouting Ginseng blooms and begin to bear fruit.
What Is Ginseng?
Ginseng is a perennial rooted herb, which is a member of the ivy family. This plant, which has been used for centuries in traditional and alternative medicine, is frequently used in Korean and Chinese medicinal culture.
Ginseng is known for its red fruits, but the most valuable part of Ginseng is its roots. Wild ginseng is highly sought after and the species is in danger of extinction from overharvesting, and other factors.
Because of deforestation and other climatic events, the necessary ecosystem is not available for Ginseng to grow as it once did. The species may disappear in the coming centuries due to the fact that the natural conditions are not suitable and overharvesting is not allowing enough time for the Ginseng plant to recover.
Ginseng is a plant species that can be grown indoors as well as in the wild. This plant type, which is not very troublesome to grow, generally prefers cool weather and shady places.
What Are The Common Types of Ginseng
There are 3 types of Ginseng plants that are frequently found in nature. Finding and harvesting these plants is easier than most wild herbs.
Produced in Korea and China, Panax Ginseng is also known as Asian Ginseng. This Ginseng species, which is frequently seen in the forested and mountainous areas of East Asia, is a very common herb in Korea and China.
However, you can easily find this plant growing almost anywhere in the world. Panax Ginseng, which is sold under different trademark names, is the most commonly consumed type of Ginseng and is often found in supermarkets either as raw root, capsules, or tea.
Also known as American Ginseng, Panax Guinquefolius is often seen in North America and Southeastern Canada, and is very common in Native American medicine. Panax Guinquefolius is frequently mentioned by and associated with ancient American tribes and was used as a natural medicine for centuries. It is still widely used today.
This type of Ginseng, also known as Japanese Ginseng, is produced mostly in China and Japan. Panax Japonicus is predominantly used for healing, and has been used by both the Chinese and Japanese for centuries.
Why Grow Ginseng?
The price of Ginseng root has been on the rise in recent years, and the increase in profit margins from this business has resulted in mass cultivation and production of the plant. As the popularity and regularity of Ginseng increases, producing Ginseng can be a lucrative business.
The production of Ginseng is increasing daily, and the profits provide financial support to many people by increasing its market share and employing thousands.
The price of a quality Ginseng root is between 400-600 dollars per pound. The high price of Ginseng also supports the producers to offer more natural and plant-based products to the market.
What Is The Right Climate to Grow Ginseng?
Ginseng can grow in any climate. Unless the climatic conditions vary greatly, the Ginseng plant is robust and can adapt to seasonal conditions.
However, especially cold climates are more suitable for Ginseng rather than overly hot climates. Cold weather conditions ensure that the Ginseng plant remains vigorous and help prevent the plant from going dormant.
In this way, the Ginseng plant that sprouts in the spring begins to bear fruit by opening its leaves quicker, if it was planted during a cold winter.
Another feature of Ginseng is that they like shady places. Cool-weather and shaded areas are very suitable for the growth of Ginseng.
What Kind of Soil Do I Need to Grow Ginseng?
Healthy and favorable soil is one of the most basic needs of the Ginseng plant. A living and awakened soil should also contain the minerals necessary for the nourishment of Ginseng.
As long as the soil is healthy, you do not need to use fertilizers. Pure and healthy soil is enough for you to grow ripe Ginseng.
Soil containing organic materials is ideal for Ginseng and can boost its growth. Soil pH should be 6.0 to 6.5 for a good Ginseng harvest.
The pH ratio helps ginseng to grow by absorbing organic materials in the soil. In this way, the plant roots, which are strengthened during absorption, can protect themselves from all kinds of bacterial diseases.
Which Growing Method Should I Use?
The artificial shade method is the most successful for growing Ginseng. This method requires you to prepare soil and install artificial shade. However, setting up the artificial shade method is costly and may require you to invest a few thousand dollars upfront.
If you have hardwood logs or access to hardwood trees, you can also try the wild simulation method. The most practical method, wild simulation, requires you to plant your Ginseng in soil that is shaded by a log or dying tree in ideal conditions. However, it may be difficult to find a forest tree canopy to plant your Ginseng.
This is the most natural method you can undertake. Appropriate climatic conditions and a cool shade create an incredible growing environment for your ginseng.
How Much Does it Cost to Start a Ginseng Business?
You can start a Ginseng business without spending a large amount of money. The amount is directly related to how much Ginseng you wish to grow and what kind of production you will begin.
You can start this business with a budget of $1,000-2,000 by using the wild simulation method in a forested area.
In line with a 5-year plan, you can ultimately harvest $50,000 worth of Ginseng in a one-hectare area with a good yield.
The artificial shade method requires a greenhouse and appropriate coverings to provide the right amount of shade. Depending on how much Ginseng you wish to grow, this can cost from $2000 to $10,000 or more.