pilot initiative for the development of a global
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“Pilot Initiative for the Development of a Global
Sustainable Botanical / Herbal Supplier Market from SIDS DOCK Member States”
Prepared by
Heather M. Neves Duncan-Fairman
Christine F. Neves Duncan
A/3/9
SIDS DOCK IWON Copyright©2018
Third session of the SIDS DOCK Assembly
United Nations
New York, NY 10017
23 September 2017 Distribution: General
23 August 2017
PILOT SIDS DOCK MEMBER COUNTRIES
CARIBBEAN PACIFIC AFRICA & INDIAN
OCEAN
Belize Cook Islands Seychelles
Grenada Samoa Mauritius
Dominica Tonga
Jamaica Tuvalu
St. Vincent and the
Grenadines
SIDS DOCK IWON Copyright©2018
SIDS DOCK IWON PARTNERS
Caribbean Centre For Renewable Energy & Energy Efficiency
(CCREEE)
Pacific Centre For Renewable Energy & Energy Efficiency
(PCREEE)
Caribbean Community Climate Change Centre (CCCCC/5Cs)
Secretariat of the Pacific Regional Environment Programme
(SPREP)
United Nations Industrial Development Organization (UNIDO)
Earth Council
SIDS DOCK IWON Copyright©2018
SIDS DOCK IWON PARTNERS
Government of Spain -Spanish Agency forInternational Development Cooperation (AECID)
Government of Austria – Austria DevelopmentAgency
Government of Sweden – Swedish Energy Agency
Government of Germany – GIZ/REETA Project
SIDS DOCK IWON Copyright©2018
SIDS DOCK IWON
Pilot Initiative for the Development of
a Global Sustainable Botanical /
Herbal Supplier Market from SIDS
DOCK Member States
SIDS DOCK IWON Copyright©2018
“The global dietary supplements market is expected to reach
USD 278.02 billion by 2024, at a CAGR (Compound Annual
Growth Rate) of 9.6% from 2016 to 2024.”
“Dietary Supplements Market Size, Share & Trend Analysis Report By Ingredient
(Botanicals, Vitamins, Minerals, Amino Acids, Enzymes), By Product, By Application,
By End-use, And Segment Forecasts, 2013 – 2024.”
— LONDON, March 29, 2018 /PRNewswire
“
SIDS DOCK IWON Copyright©2018
✓ESTIMATED CAPACITY BUILDING
RESOURCES REQUIRED 2018-2020
✓STRATEGIC OBJECTIVES FOR
CREATING AN ENVIRONMENT
FOR BUSINESS OPPORTUNITIES
✓GOALS OF THE INITIATIVE✓INTRODUCTION & BACKGROUND
SIDS DOCK IWON Copyright©2018
•What’s a Botanical? A botanical is a plantor
plant part valued for its medicinal or
therapeutic properties, flavor, and/or scent.
• What’s a Herb? Herbs are a subset of
botanicals.
•Opportunity* to access Raw Material
market share
• Research* of SIDS botanical resources
• Regulatory* requirements (global)
(*ORR©)
INTRODUCTION & BACKGROUND
SIDS DOCK IWON Copyright©2018
MARKET SEGMENT PRODUCTS STAKEHOLDERS
MEDICINAL (i.e. Therapeutic)
▪Labeling - claims validated
• Essential Oils
• Pharmaceuticals
▪Nutraceuticals
▪Functional Foods
•Aroma Therapists
•Researchers
•Scientists
•Food Industries
FOODS •Spices
▪Dietary Supplements
▪Herbal Drinks
▪Herbal Roots Tonic
▪Teas
▪Powdered Herbs
•Packers
•Manufacturers
▪Researchers
▪Herbalists
▪Traditional Healers / Naturopaths
COSMETICS •Deodorant
▪Body Products
▪Fragrances
▪Colourants
▪ Suppliers, Manufacturers
NATURAL PESTICIDES •Natural Repellants
•Incense
•Herbalists
▪Farmers
▪Researchers
AGRO-INDUSTRY •Cuttings, seeds, roots •Farmers
•Traditional Healers / Naturopaths
SIDS DOCK IWON Copyright©2018
Characteristics of a Botanical / Herbal Industry in Pilot Countries
MINTVANILLAARROWROOT
•Selection of 11 Member States from
the Caribbean, Pacific, Africa and
Indian Ocean Regions
• Educate, Equip and Empower
(3E’s©) Island Women with the
necessary agricultural skillsets and
manufacturing and production
experience, to help create aprofitable
and sustainable botanical/herbal
business.
•Training and Certification
Programs
▪cGMP (current Good Manufacturing
Practices)
▪FSMA (Food Safety Modernization
Act – 4th Jan 2011) [FSVP (Foreign
Supplier Verification Program); PCHF
(Preventive Controls for Human
Foods)]
▪HARCP (Hazard Analysis and Risk-
Based Preventive Controls for Human
Foods)
▪ ISO Certification
GOALS OF THE INITIATIVE
• Foster “Farm to Fork”
awareness
A term commonly usedin
reference to the supply
chain processes from
agricultural production to
consumption.SIDS DOCK IWON Copyright©2018
•To Identify and Research
SIDS Herbal and Botanical
Therapeutic ingredients.
•To Evaluate the
Opportunities and Economic
Potential of Herbal and
Botanical Therapeutic
products.
•To Establish Appropriate
Standards for Herbal and
Botanical Therapeutic
products comparable to global
regulatory standards.
•To Formulate Policies and
Regulations on the Protection
and Conservation of Health
Resources.
STRATEGIC OBJECTIVES FOR CREATING AN ENVIRONMENT FOR
BUSINESS OPPORTUNITIES•To Encourage and
Strengthen Clinical Research
into evidence-based practice
of Herbal and Botanical
Therapeutic products.
•To Promote Public
Awareness of and Access to
Herbal and Botanical
Therapeutic products.
•To Foster Respect for the
Cultural Integrity of Herbal and
Botanical Therapeutic remedies.
•To Protect the knowledge,
innovations and practices of
indigenous and local
communities.
SIDS DOCK IWON Copyright©2018
•Financial Support for continued
educational and training
programs
•Investing in Industry Trade
Association Memberships as
direct information resource
(e.g. American Botanical Council
[ABC]; American Herbal Products
Association [APHA]
• Feasibility Studies on how to
capture market share
ESTIMATED CAPACITY
BUILDING RESOURCES
REQUIRED 2018 - 2020
SIDS DOCK IWON Copyright©2018
ESTIMATED CAPACITY BUILDING RESOURCES REQUIRED
2018 - 2020SIDS DOCK IWON has:
■Access to internal expertise to assist with the implementation process making the venturemore
feasibly attainable.
■ A qualified individual to Educate, Equip and Empower (3E’s©) ourwomen.
■ A qualified individual who can ensure readiness and certification offacilities.
■A qualified individual who can navigate the various FDA [FSMA – FSVP (Foreign Supplier
Verification Program)], CBP and USDA phytosanitary and import rules (initial focus is USA Market).
■ Qualified individuals who are knowledgeable in how to protect our biodiversity fromthe
BIOPIRATES and NEO-CONDITIONALITIES.
SIDS DOCK IWON Copyright©2018
DEVELOPMENT STRATEGY
▪ Identify a range of herbs / botanical
plants suitable for growing in pilot
countries
▪ Review research information on
agronomy of herbs
■Protection of ingredient
development sustainability
▪ Economics
MARKET RESEARCH
▪Supermarkets
▪Medicinal
▪Health Foods
▪Organic sector
SUPPORT POLICY
▪National Industrial Policy
▪National Biodiversity Policy▪Science & Technology Policy
▪World Market
FEASIBILITY STUDY
▪Best market
▪Prices
▪Levels of profit
▪Risk
▪Development within the markets
PROCESSING
▪Resources/machinery
already available in pilot
countries
▪Operating costs
▪Added value products
▪Scale of processing
BUSINESS PLAN
▪Detailed costs
▪Processing potential
▪Financial balance sheet
▪Business structure
SIDS DOCK IWON Copyright©2018
PUBLIC-PRIVATE- -PARTNERSHIPS
MAIN OUTPUTS OF COMMERCIALIZATION
✓New ingredient and end-product development (competitive markets)
✓Increased land use toward herbal production (preservation awareness)
✓New direct employment in secondary production (spanning
certification, transportation, manufacturing/processing, labelling,
packaging and shipping, among others)
✓Biodiversity conservation and protection
✓Greater awareness of botanical / herbal industry in Pilot Countries
SIDS DOCK IWON Copyright©2018
PUBLIC-PRIVATE- -PARTNERSHIPS
UNIDO supports regional organizations in the creation
and operation of regional sustainable energy centres
SIDS DOCK IWON Copyright©2018
http://www.centerfortraditionalmedicine.org/uploads/2/3/7/5/23750643/medicinal_plants_in_the_south_
pacific.pdf
www.google.com (photos)
https://www.naturalproductsinsider.com/
http://www.ahpa.org/Home.aspx
http://abc.herbalgram.org/site/PageServer
https://ambergriscaye.com/pages/bush_medicine.html
https://www.zionmarketresearch.com/news/dietary-supplements-market
www.dictionary.com
REFERENCES
SIDS DOCK IWON Copyright©2018
CHANGING VISION INTO REALITY
“ENTREPRENEURSHIP, ACCORDING TO PETER DRUCKER,
IS THE COMMITMENT TO THE SYSTEMATIC PRACTICE OF
INNOVATION, BE IT IN A NEW VENTURE STARTED BY A
SINGLE INDIVIDUAL IN THE GARAGE, BACKYARD OR AT
THE KITCHEN TABLE, AN ESTABLISHED BUSINESS, OR
THE PUBLIC SERVICE”
AN IWON REMINDER FROM: H.E. Ms. Rhonda King, Chair, SIDS DOCK IWON
Support our Network
http://sidsdock.org
iwon.sidsdock.org
http://ccreee.org/
http://pcreee.org
THANK YOU!SIDS DOCK IWON Copyright©2018
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