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Fragrant oils from aromatic plants for perfumes

Opportunity Description: Fragrant oils from aromatic plants for perfumes, which has higher quality and less production cost than synthetic imported material
PRODUCT: Natural fragrant oils
Sector: Sustainable Agriculture and Food Processing
Market: Pefumes industry
Initial Investment Required: Between 150,000 EGP and 500,000 EGP
Details Available:
Market Potential: Sold to fragrances & perfume manufacturers in Lower and Middle Egypt and Red Sea. Competing products include Synthetic fragrance oils.
Supply: Aromatic plants farmers in Luxor/Qena, rest of Upper Egypt and the Red Sea, and in the Delta. Required inputs include aromatic plants.
Process: Material handling -> boiling -> steam distillation -> separation
Human Resources: Manual labour, machine operator
Financial: CAPEX is between 150,000 and 500,000 EGP
OPEX is less than 150,000 EGP
Risk: Perfecting production technique and quality control
IMPACT: Cutting transportation cost of aromatic plants.
Increase value added on agriculture produce, decrease import of chemicals required for high value-added industry.