From Longman Business Dictionaryvalue-added productˈvalue-ˌadded ˌproduct [countable]MARKETING a product with special benefits for which buyers are willing to pay more. Producers are able to charge more for these products and therefore make more profit from themThe food service market includes both commodity and value-added products.The company’s strong performance is due to its continued push into high-value-added products such as its Formula Shell high octane gas. → product
