Thailand-based natural ingredients manufacturer, Specialty Natural Products Public Company Ltd (SNPS), has indicated interest to co-developing products with Malaysian partners to leverage Malaysia’s recognised JAKIM halal certification as a strategic launchpad into the lucrative Middle Eastern markets.
SNPS’s Head of International Division, Laure Desforges, said the company is looking to collaborate on product formulations and share technical expertise with partners across the region.
Currently, more than 98% of the company’s ingredient portfolio and products are halal-certified for the Malaysian, Thai, and Indonesian markets.
SNPS is one of the manufacturers that standardised Thai botanical herbal extract for the world’s pharmaceutical, dietary supplement, nutraceutical, functional food, and cosmetic industries, while providing innovative semi-formulations to cosmetics manufacturers.
Desforges said the company is also planning to expand its network of partner farmers in Thailand from the current 250 to 1,500 over the next 5 years. Acknowledging the challenges of scaling up the agricultural network, she said the company must thoroughly assess soil quality, manage relationships, and ensure strict adherence to farming procedures before accepting new farmers.
