Tomato is one of the major food crops consumed in Africa. It is a cheap and affordable source of vitamins A and E. This makes tomato farming a very lucrative venture for any entrepreneur. If you have thought of starting your own tomato farm you will get the information you seek in this post. The high demand for tomato has placed tomato farming and processing business at a significant spot in the agro-business ventures.
Setting up and running a tomato farm is relatively cheap, considering that you can choose to lease or rent the farmland or equipment required to start. It all depends on your budget.
A small scale tomato farm could easily be set up at your backyard with little cost. Furthermore, the tomato seeds are not expensive at all, and the yield per hectare is absolutely fantastic.
One of the great things about tomato farming is that after harvesting, you can either sell your tomatoes or go ahead to processing into paste which opens up a lot of other profitable opportunities to you as an entrepreneur.
Subsequently, one may also ask, how much can you make growing tomatoes?
A growing area of just 600 square feet can produce up to a ton of harvested fruit, worth about $8,000 to $10,000 at current prices. That’s why growing tomatoes for profit is a great way to make some extra income.
Beside above, how much do tomato plants cost? Each of the larger plants produces at least 15 large beefsteak tomatoes weighing 1 pound or more. We can estimate that 80 pounds of tomatoes (worth $160 – $320) are cultivated for a cost of about $40.
People also ask, how much can I get from an acre of tomatoes?
Per acre yield on average, one acre of tomatoes will produce about 37,500 pounds of red, ripe fruit. That is about 5,000 tomato plants are required to meet this number.
With more indigenous companies joining the tomato and paste business, the demand for the fresh tomato keeps increasing . The tomato production in Ghana is potentially worth billions of cedis. This makes the business opportunity in tomato farming in Ghana is huge.
In our next post we will be discussing the steps in tomato farming .
Contact Greenroot Farm Estate for your Tomato farming business plan.We also have affordable lands for sale and lease which are litigation free.