non timber forest products

Why are NTFPs Important for Entrepreneurs?

NTFPs offer an attractive business opportunity for various reasons:
1. Diverse Market Potential: Due to their wide range of applications in food, medicine, cosmetics, and handicrafts, NTFPs have a diverse market potential.
2. Sustainable Resource: Unlike timber, which requires longer periods for regeneration, NTFPs can often be harvested sustainably, making them an eco-friendly business choice.
3. Value Addition: Entrepreneurs can add value to raw NTFPs through processing and packaging, which can substantially increase profit margins.

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