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Impediments To Marketing African Natural Products From Ghana: The Wholesaler/Retailer Perspectives

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  • R Govindasamy
  • B Onyango
  • V Puduri
  • J E Simon
  • R H Juliani
  • J Asante-Dartey
  • H Arthur
  • B Diawuo
  • D Acquaye
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    Abstract

    The study finds strong correlations between natural products business performance and the impeding factors. The impediments include access to finance and markets; and lack of herbal market information, especially relating to external markets. Additionally, there is a marked deficiency in the processing capacity. To add to the problem, most, if not all, business operators of natural products lack technical training related to product handling. However, there is a big potential for success—the top ten traded natural products may be exploited initially, both domestically and for export market, given the range of perceived use. The constraints identified require concerted efforts from all stakeholders to recognize the importance of this sub-sector in providing opportunities to successful development.

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    Bibliographic Info

    Article provided by IUP Publications in its journal The IUP Journal of Agricultural Economics.

    Volume (Year): IV (2007)
    Issue (Month): 1 (January)
    Pages: 24-35

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    Handle: RePEc:icf:icfjag:v:04:y:2007:i:1:p:24-35

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