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HOW TO BE A MULTI-MILLIONAIRE GINGER FARMER – A WINNING BUSINESS PLAN
Table of Contents
What is Ginger? A winning business plan must have answer to this question.
Ginger is well known all over the world. It is the underground rhizome of a perennial tropical crop called Ginger plant (Zingiberofficinale). The plant originated from South Eastern Asia but over centuries has been introduced to various parts of the world like the Caribbean, the Americas and Africa. Presently, the top growers of the crop includes Jamaica, Indonesia, Fiji etc
Ginger farming in Nigeria is a booming business which is making many millionaires. Ginger is popular due to its hot and sharp flavor and an oily substance named gingerol. It is quite popular around the world and has many names; “zanjabit” in Arabic, “Jingibre” in Spanish, “Chiang” in Chinese, “Shoga” in Japanese or “luya” in Tagalog.
A mature ginger rhizome is fibrous and has a striated texture. The outer skin of the rhizome is brownish in colour while the inner flesh depending on the variety may be red, yellow or white.
Nigeria is one of the top producers of ginger in the world today. In the Nigerian market ginger is in high demand. At present this crop is farmed majorly in the northern part of Nigeria. Kaduna State stands out as the highest producer of the crop while states like Gombe, Bauchi, Benue, Nasarawa, Sokoto and Zanfara among others are major producers of the crop. In the market, ginger is available in various forms; fresh ginger rhizome, powder ginger and dry ginger rhizome.
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HOW TO BE A MULTI-MILLIONAIRE GINGER FARMER – A WINNING BUSINESS PLAN
TYPES OF GINGER:
Ginger type is classified according to shape or size, flavor, quality, moisture content, yield. It is also classified according to the rhizome characteristics:
Chinese or Cantonese: large, less pungent, less fibrous, yellowish ginger.
“Oya” ginger from Jamaica: medium sized, pale-coloured agreeable aroma dehydrated ginger.
Hawaiian: large, less pungent, plum yellowish ginger.
Imugan: medium-sized and pungent ginger.
Red Native: small in size, very pungent ginger, better used for ginger tea.
USES OF GINGER
A MULTI-MILLIONAIRE GINGER FARMER. Why do people buy Ginger? People buy ginger because of its uses. Therefore if you are interested in ginger farming you must know its importance to life. This product can be consumed pickled, powdered, dehydrated or fresh. Ginger is also a good addition to tea. There is even a special sort of tea called “Salabat,” which is popular in Europe due to its nutrient value. Ginger is the main ingredient to dishes, like biscotti, ginger lassi, ginger cakes, clay pot chicken, ginger soup, ginger crunch, ginger ice-cream and so on. French and Italian manufacturers use ginger as a perfumes production ingredient. It adds some spice to general perfume flavour.
You can see a special treatment to Ginger in China. Chinese people believe in harmony in everything. Therefore, ginger is treated as Yang of Ying/Yang dualism of food. It represents a hot power, where it should be balanced with a cold meal to create harmony.
Is ginger medicinal?
Ginger is also known for its medicine purposes. It can help with healing of cough, flu, rheumatoid arthritis, travel sickness and stimulate gastric juice secretion. Ginger helps to lower cholesterol level and blood pressure level. It provides better blood circulation.
Like in most other countries of the world, ginger has a special place in Indian traditional medicine. In Indian`s traditional medical discipline – “Ayurveda” – it serves as a preparation to many “ayurvedic” formulations. The healing properties of this product are contained in the volatile oil. This oil provides a combination of resin, mucilage, starch, cineol, citral, felandreno, gingerol, and zingiberene. 100 gm of Ginger contains Ascorbic Acid, Iron, Niacin, Riboflavin, Thiamine, Ash, Phosphorus, Protein, Calcium, and Energy.
HOW TO BE A MULTI-MILLIONAIRE GINGER FARMER – A WINNING BUSINESS PLAN
How do I produce ginger powder?
Now read this help tip on how you can use ginger in your home to produce ginger powder. Once this ginger powder is produced you are sure of the full benefits of using ginger in your home.
Wash ginger several times until it gets perfectly clean. Do not peel ginger.
Chop it into small pieces. The smaller, the better.
Sun dry your ginger pieces. This procedure may take four days, depending on the weather condition.
Once your ginger is totally dried from liquid – place it into the mixer and grind to a fine powder.
Sieve the ginger powder and if there is any remaining of ginger`s whole pieces – transfer it back to the mixer.
Sieve once more and sundry for 30 to 40 minutes.
Store the powder in air tight containers.
In summary, ginger can be used in many ways and for many reasons:
It is used as a spice in many local cuisine
It is used in bakeries as flavour
Furthermore, it is a constituent of some local (herbal) medicines
It is used in breweries to produce ginger ale or ginger beer
It is used in various other factory product manufacturing processes
Ginger plant can be used for landscaping.
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MARKETING
Be a MULTI-MILLIONAIRE GINGER FARMER A large percentage of the ginger is exported to China, Chad, Sudan and Ghana while the remaining is sold mainly to other states in Nigeria.
Nigeria is not the only ginger producing country. There are many competitors in this market. India is one of the largest producers and consumers in the world. Ginger is being exported from Nigeria to other parts of the world. Ginger has been a foreign exchange earner for Nigeria since the 1960s. You can find ginger buyers in Europe and America. Ginger export business is a lucrative one. If you like this business, you have to avail yourself the opportunity of using Federal Government channels that will facilitate and secure your business.
You should also create both your demand side and supply side value chain for your ginger business. It is really needed to plan your export beforehand. Along the line, try to find buyers on the Internet. You can call directly to companies which are specialised in ginger products. When you get buyers and a contract, you should think about shipment of the product to the customers.
You can also use business mentors especially those involved in ginger exports. They are not cheap, but you can expect better chances for starting your ginger business.
The ginger market in Nigeria is booming, but some people are not aware of it. If you do not have courage or knowledge to start your ginger business immediately, then try to work with or for somebody who works in this business. A professional business coaching can provide you not only theoretical knowledge on the subject, but also give you real tools to create your business from scratch.
HOW TO BE A MULTI-MILLIONAIRE GINGER FARMER – A WINNING BUSINESS PLAN
We have been able to highlight the first business segment of this agro-product business; the marketing segment. The next segment is the production segment. These two segments are what matters in this product and that is where the entrepreneurs make their money from. For you to make money in any of these segments you have to make decisions of what you want, because you will really commit some fund into it to be able to generate the millions you need from the business. So if you call it business, you have to do some feasibility studies, and arm yourself with a good and winning Business Plan. Call us for a free coaching and free business plan templates. We have also write-ups in this website on how you can write your own business plan.
Now let us consider the next segment.
FARMING GINGER – The Production Segment
The following conditions are very necessary preparatory steps for a good ginger farming business.
Mulched fertile soil. Loam is the most preferred soil type
Ridges should be made for the planting of the crop
A minimum annual rainfall of about 1500mm is needed.
An average daily temperature of about 30°C should be maintained.
Viable ginger rhizomes with buds must be used
Good drainage to prevent water logging/flooding.
Ginger is cultivated vegetatively from its rhizomes. The vegetative propagation of ginger involves the following steps:
Sett preparation: When the fingers of rhizomes to be propagated begin to develop buds, they are cut into smaller pieces called SETT. A sett is about 3 cm in length with each sett having at least a bud. The sett to be propagated is usually stored until signs of growing are noticed before planting is performed.
Ginger soil
Ginger plants need acidic soil for better and healthy growing. It is also necessary for rhizome production. Do not forget that ginger requires the soil pH at 5.5 – 6 Level. Do not expect much from the ginger if your soil is above or below these limits. If the pH level is too high – you can lower it with a composted manure. If the pH level is too high – you can increase it with the calcium carbonate mix. Ginger plants also like clean and fertile soil. Do not forget to clean soil from parasites, fungus or pests if you want to get maximum use of ginger.
Why do you need rich and fertile soil for ginger? Only this type of soil can help ginger with nutrients. Therefore, you would not need to pay additional money for amendments and fertilisers. If the soil is not the first class quality, then stick to a regular fertilisation of ginger plants. Do not forget about the calcium amendment in this case or your ginger plants will suffer tip rot. Do not fertilise ginger before a rainstorm. Rainwater takes away all your fertilisers and supplements from the soil.
Planting: Ginger is planted by burying each sett in a hole about 8cm deep with the bud of each sett pointing upwards in the soil. The sett should be spaced 30×30cm apart. Each sett grows into a new ginger plant. Planting should be performed about a month before the rains come. The planting rate is 2500 kg per hectare.
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HOW TO BE A MULTI-MILLIONAIRE GINGER FARMER – A WINNING BUSINESS PLAN
Ginger can grow perfectly in the ground, raised beds or containers. Always mulch ginger plants which grow directly in the ground. Mulch is a good way for soil to keep moisture. If you want healthy rhizomes, then try to reduce water on the ground. Still, do not forget that soil should remain moist.
Fertiliser: Both organic and inorganic fertilisers can be used. Compost manure is preferable. The preferred fertiliser in Nigeria for ginger growing is the N.P.K 15:15:15 which is applied twice; first about twenty days after planting at a rate of 4 bags per hectare. The second application is about 40 days after the first application at the rate of 2 bags per hectare. Urea is used during the second fertiliser application.
Weed control: Controlling weed growth in the ginger farm can be done manually by hand picking or by using chemicals (herbicides). Ensure you use the right type and of the right mixture.
Pest and disease control: Mites, shoot borers and leaf rollers are some major pests that usually attack ginger plant. These pests can be controlled by using pesticides and insecticides. Captan is used to control some diseases that affect ginger plant like leaf spot.
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Harvesting: On the average, ginger takes about nine months from the time of planting to mature. The rhizome can be harvested at different times depending on its purpose. If fresh ginger is required, it is harvested about six month after planting. If a matured ginger rhizome is required, it is harvested nine months after planting. Sometimes the rhizomes are left in the ground for nearly two years for propagation to continue. In Nigeria, harvesting begins in October and runs all through to May. Ginger rhizome can be harvested manually by hand or with machines such as the mechanical digger. The expected yield is 20 tons per hectare
Processing: The activities involved in processing ginger depend on the end product required. When the harvested rhizome is washed with boiling water and dried later, the product is called dried ginger and this can be grinded to produce ginger powder or can be used as a full dried ginger rhizome. The rhizome can also be processed as fresh ginger or be peeled.
HOW TO BE A MULTI-MILLIONAIRE GINGER FARMER – A WINNING BUSINESS PLAN
Now you are well informed about this business. Remember that many are millionaire already doing this business. We sell this to you as a free business idea hoping that we will work together with you to achieve success. Contact us through this website or call +234 8034347851. Make time to read our other business topics; they are free tutorials that will help you mature in business. We spent money learning them, but we are giving them out free. Don’t forget to call us for your business advisory needs and business plans.
o become a A MULTI-MILLIONAIRE GINGER FARMER you need completefmc. In Completefmc.com we structure a banakable business plan for small business startups. For every lean start up plan we develop, we add startup accelerator strategies. These we build into the business startup ideas generated by us. Therefore with Completefmc.com starting up a business is an experience. Added also are startup funds for lean start up and franchise opportunities. Contact us on +234 8034347851 or [email protected] to get in touch with us
Deacon Anekperechi Nworgu, a seasoned economist who transitioned into a chartered accountant, auditor, tax practitioner, and business consultant, brings with him a wealth of industry expertise spanning over 37 years.
