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word

value chain development

VAL-yoo CHAYN deh-VEL-up-ment

ˈvæljuː tʃeɪn dɪˈvɛləpmənt

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Syllable breakdown

valuechaindevelopment

Dictionary meaning

Process of improving the sequence of activities — from production through processing, distribution, and marketing — to increase value added at each stage for smallholders and rural producers

Examples

  • Value chain development in the mango sector linked smallholders to export markets.
  • NGOs focused on value chain development to raise incomes for women processors.

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