Aromatic plant extracts for food industry Opportunity Description: Aromatic plant extracts for food industry as import substitute for industry which is financially competitive |
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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 |
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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 |
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