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Production and Spa Products and Essential Oils

Production and Spa Products and Essential Oils

Grenada · Agribusiness & Agricultural Technology
Investment soughtUS$25M
Investment typeEquity
The opportunity

Problem Definition: Grenada has approximately thirteen recognised Spas. These include stand alone businesses as well as those that are part of a hotel operation.

About the project

Problem Definition: Grenada has approximately thirteen recognised Spas. These include stand alone businesses as well as those that are part of a hotel operation. These spas utilises an element of their own products blended with essential oils. High end Spas may carry international brands. There is no single producer of spa products on the island that specialises in producing oils and scent bars for the industry. Solution: Grenada has a rich flora and fauna ecosystem that can boost of a mix of medicinal and aromatherapeutic plants that can be used to manufacture essential oils, candles, body wraps, polishes and other spa products. Investment in a multifaceted manufacturing plant to extract these oils holds tremendous potential and financial returns. Examples of commonly used plants in the essential oils industry that are prevalent in the region are: clary sage, eucalyptus, fennel, ginger, helichrysum, lavender, lemon, lemongrass, mandarin, peppermint, rose, rosemary and vetiver.