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Food waste to special biochemicals for food and pharmaceutical industries

Opportunity Description: Food industry by-products and fresh market left overs to special biochemicals for food and pharmaceutical industries (pectin from mango & lycopene from tomato) as a cost effective organic ingredient to replace synthetic alternatives
PRODUCT: Special biochemicals (Pectin to jam and juice) (Lycopene to ketchup) (Lycopene to pharma) (Pectin to pharma binding or
fillers)
Sector: Waste Management
Market: Food processing, Pharmaceuticals
Initial Investment Required: Above 500,000 EGP
Details Available:
Market Potential: Sold to food and pharmaceutical industries in the Delta. Competing products include synthetic Lycopene and Pectin
Supply: Tomato, tomato waste (not pathogen infected), mango peel from farmers in Luxor/Qena, rest of Upper Egypt/Red Sea and the Delta.
Process: Fermentation or thermal treatment
Human Resources: Chemist, operators, chemical technicians, manual labour
Financial: CAPEX is above 500,000 EGP (cost of machinery)
OPEX is less than 150,000 (cost of raw materials, processing of materials,
transportation)
Risk: High CAPEX process, meeting regulations of food and pharmaceutical industry
IMPACT: Environmental: reduction of agricultural waste
Social: increase return on agriculture activities, increase local manufacturing inputs of food and pharmaceutical industries