A Dominican company buys rotten mangoes and avocados to grind them and extract their essential oils. Then these oils are exported to Genoa, Italy, where they are used in the cosmetic industry for the production of shampoo, moisturizers, and soaps.
At the celebration of the seventh International Food, Tobacco and Beverages Fair (Agroalimentaria 2019) held in the Dominican Republic, the Minister of Agriculture, Osmar Benitez, praised the entrepreneurial work that this company does to give value to the fruit in poor condition. He encouraged the fair's attendees not to throw away fruit or orange seeds, as they could be given to this type of companies that extract essential oils from those residues.
Benitez added that the country currently exported sour oranges to France, where their skin is used to make liquor. There is an interesting market, which is worth over 30,000 million dollars in products that are destined to cosmetics and pharmacology, that can be exploited.
Other Dominican products that are also used in this type of industry are aloe, vetiver, patchouli, lemongrass leaves, avocado, eucalyptus, and soursop for infusions or tea.
There are important market niches for organic, tropical, and exotic products. In fact, the organic products market exceeds 100 billion dollars, and the tropical products market exceeded 138 billion dollars last year.
Benitez said the Dominican Republic has conquered the organic banana and cocoa markets and has positioned itself as its main exporter.