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Aromatic plant extracts for food industry

Opportunity Description: Aromatic plant extracts for food industry as import substitute for industry which is financially competitive
PRODUCT: Extracts for flavors, fragrance, and preservatives
Sector: Sustainable Agriculture and Food Processing
Market: Food processing
Initial Investment Required: Between 150,000 EGP and 500,000 EGP
Details Available:
Market Potential: Sold to food industry in Lower and Middle Egypt and Red Sea. Competing products include Synthetic alternatives
Supply: Farms in Luxor/Qena, rest of Upper Egypt and the Red Sea, and in the Delta. Required inputs aromatic plants.
Process: Drying -> mixing -> evaporation -> distillation (low temperature, high pressure, purifiers)
Human Resources: Manual labour, machines operators, chemist/engineer
Financial: CAPEX is above 500,000 EGP – mainly cost of machinery
OPEX is between 150,000 and 500,000 EGP processing of material
Risk: Perfecting production technique and meeting export specifications (quality control)

IMPACT: Increase value added on agriculture produce, decrease import of chemicals required for high value-added industry
Impacts
Increase value added on agriculture produce, decrease import of chemicals required for high value-added industry