A "Value-Added Product" refers to a product that has been enhanced or improved in some way to increase its value to consumers. This can involve processes such as packaging, processing, or adding features that make the product more appealing or useful. For example, turning raw milk into cheese or yogurt adds value by creating a more desirable food item. Businesses often create value-added products to differentiate themselves in the market and meet consumer demands. By enhancing the original product, companies can charge higher prices and increase profitability. Examples include organic produce or handcrafted goods that offer unique qualities compared to standard items.