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What does value-added mean?

Looking for the meaning or definition of the word value-added? Here's what it means.

Adjective
  1. Alternative spelling of value added
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We consider this approach to be an important, value-added component of our work as an independent oversight body.
It could be that one of the brands migrates more toward a high-technology, value-added brand.
These offers, along with our technically sound product portfolio, a deep bench of people, and value-added service, will be our fundamentals.
From a product manufacturer's viewpoint, there continues to be a growing need to provide value-added services to agents.
Malah is in charge of making the farm's value-added products, like pickles, jams, and jellies.
The fastest growth rate in rural areas has been in farmer-owned, value-added businesses.

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