Finding opportunities for niche commodities from developing countries in the health food market

This project, implemented in partnership with UNCTAD, aims to explore how LDCs and LLDCs can better harness their biodiversity and traditional knowledge about health foods or nutraceuticals to create jobs, expand exports, and achieve inclusive growth. In particular, the project will study the potential of selected LLDCs as suppliers of health enhancing foods and identify the policy measures needed to expand their exports in this sector.

The findings from the country-case studies and the assessment of the demand of nutraceuticals in advanced markets have been compiled in a comprehensive policy publication, released in early 2023. During the year 2023 a number of dissemination events are expected to take place. In addition to indicating how products could link to potential markets, the publication also makes recommendation for regulatory and institutional capacities of LLDCs to meet the demands of importing countries and assess measures that need to be taken to attract impact investors to the sector. A feature article summarising the findings is included as Section III.1 of CFCs 2022 Annual Report.

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