Most countries in Latin America and the Caribbean have a better chance of entering the global trade market by incorporating a certain level of processing and differentiation into their products.
The Latin American and Caribbean region produces a vast variety of global high-value crops, from traditional staples such as cacao, coffee and sugar, to organic fruit, quinoa, amaranth and acai. However, the lack of information and support mechanisms hinder producers from accessing the high-value agro-food chains.
A study conducted by the Inter-American Development Bank found that small and medium-sized producers can play a competitive role through collective organization in high-value agro-food chains.
The need to speed up delivery times, increase flexibility and reduce costs is leading the upturn of the pharmaceutical outsourcing industry. Latin American countries enjoy ideal conditions to satisfy demand and profit from this attractive market opportunity.
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