pilot initiative for the development of a global

“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 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 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

Pilot Initiative for the Development of

a Global Sustainable Botanical /

Herbal Supplier Market from SIDS

DOCK Member States


“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

“


✓ESTIMATED CAPACITY BUILDING

RESOURCES REQUIRED 2018-2020

✓STRATEGIC OBJECTIVES FOR

CREATING AN ENVIRONMENT

FOR BUSINESS OPPORTUNITIES

✓GOALS OF THE INITIATIVE✓INTRODUCTION & BACKGROUND


•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


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


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.


•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


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.


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


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


PUBLIC-PRIVATE- -PARTNERSHIPS

UNIDO supports regional organizations in the creation

and operation of regional sustainable energy centres


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


http://www.centerfortraditionalmedicine.org/uploads/2/3/7/5/23750643/medicinal_plants_in_the_south_pacific.pdf

http://www.google.com/

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

http://www.dictionary.com/

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

http://sidsdock.org/

http://ccreee.org/

http://pcreee.org/

pilot initiative for the development of a global

Documents