Cameroon Fruits and Vegetable Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 2.48 Billion |
| Market Size (2029) | USD 3.38 Billion |
| CAGR (2024 - 2029) | 6.42 % |
Cameroon Fruits and Vegetable Market Analysis
The Cameroon Fruits and Vegetables Market size is estimated at USD 2.48 billion in 2024, and is expected to reach USD 3.38 billion by 2029, growing at a CAGR of 6.42% during the forecast period (2024-2029).
- Cameroon farmers produce a wide range of fruits, including bananas, avocados, dates, figs, mangoes, guavas, papayas, watermelon, etc., and vegetables, such as cabbages, cassava, chilies, peppers, cucumbers, gherkins, eggplants, okra, plantains, onions, and tomatoes.
- The growing health consciousness among the country's population, changing lifestyles and preferences, rising disposable incomes, and growing awareness regarding the health benefits associated with fruits, including bananas, mangoes, dates, etc., are driving the market's growth. The rising domestic demand increased the production of fruits in 2021 by 7.1% to 6.7 million metric ton from the previous year. The harsh and extremely cold climatic conditions may prevent production, restraining the market's growth.
- According to the FAO, total vegetable production accounted for 2.8 million metric ton in 2021. Cassava was the most produced crop in Cameroon, with a production of 4.9 million metric ton in 2021, followed by plantains, with 4.8 million metric ton. The increasing production of fruits and vegetables due to improvements in production techniques is driving exports, which may boost the market during the forecast period.
Cameroon Fruits and Vegetable Market Trends
Plantains and Bananas Dominated the Fruit Segment
According to the FAO, plantains and bananas are the most cultivated fruit crops in Cameroon, with the production of 4.9 million metric ton and 4.8 million metric ton, respectively, in 2021 and 2020, followed by pineapples, avocados, and watermelons.
The increasing consumer demand is forcing producers to expand the production area. For instance, the banana harvesting area increased from 19,410 ha in 2020 to 21,800 ha in 2021. Improving farming techniques through increased investment by public and private companies in the market contributes to the expansion of the market. Developed varieties of plantains and bananas are anticipated to boost the production rate in the country. For instance, Green-House Ventures, specializing in modern agricultural techniques, aims to bridge the gap by massively cultivating nutritious fruits. Thus, the rising demand for fruits, government support, and the adoption of modern farming techniques may positively impact the market's growth. Thus, considering these factors, the market is projected to record a healthy growth rate over the forecast period.
Growing Export Opportunities
According to the FAOSTAT, the export of fruits accounted for USD 290,661 thousand in 2021, an increase of 1.5% from the previous year. The increasing demand for fruits from the United Kingdom mostly drives the increase in export value. For instance, Cameroon's fruit export to the United Kingdom increased by 22.3% in 2021.
Cameroon's fruit trade has not only seen an increase in volumes and value, but the variety of fruits being traded has also grown, creating more opportunities. Among fruits, banana is the major fruit exported, followed by dates, figs, and pineapples. Improvement in cultivation techniques in banana cultivation helps increase the production of bananas, thereby driving export growth.
According to ITC Trademap, the major export destinations for Cameroonian fruits are Belgium and France, which held a share of 51.3% and 15.4%, respectively, in 2021. Therefore, growing export opportunities due to the increasing demand and a rising trend of a healthy diet are boosting Cameroon's fruits and vegetables market.
Cameroon Fruits and Vegetable Market News
- September 2020: Cameroon and the IFAD (International Fund for Agricultural Development of the United Nations) partnered to boost food security by offering support to small-scale farmers. In line with this aim, the IFAD invested USD 59.9 million in the Commodity Value Chain Development Support Project (PADFA).
- September 2020: The World Bank approved credit from the International Development Association (IDA) worth USD 100 million to support Cameroon's efforts in promoting digital inclusion and the use of digital solutions in the agricultural sector.
Cameroon Fruits and Vegetable Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
5. MARKET SEGMENTATION
5.1 Crop Type (Production Analysis, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis)
5.1.1 Vegetables
5.1.2 Fruits
6. INTERNATIONAL TRADE AND PRICE SCENARIOS
6.1 Bananas
6.2 Tomatoes
6.3 Pineapples
6.4 Onions
6.5 Cucumbers and Gherkins
6.6 Pumpkins, Squash, and Gourds
6.7 Okra
6.8 Avocados
6.9 Watermelons
6.10 Cabbages and Other Brassicas
6.11 Chillies and Peppers
6.12 Melons
6.13 Plantains
7. REGIONAL ANALYSIS
7.1 PESTLE Analysis
7.2 Supply Chain Analysis
7.3 Government Policies
8. COMPETITIVE ANALYSIS
8.1 Distribution Network and Retail Analysis
8.2 List/Profiles of Key Players
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
Cameroon Fruits and Vegetable Industry Segmentation
A fruit develops from the flower of a plant, while the other parts of the plant are categorized as vegetables. Fruits have a sweet or tart flavor and can be used in desserts, snacks, or juices. Vegetables have a milder or savory taste and are usually eaten as part of a side dish or main course. Cameroon's fruits and vegetables market is segmented by crop type (fruits and vegetables). the report includes production analysis (volume), consumption analysis (value and volume), export analysis (value and volume), import analysis (value and volume), and price trend analysis. The report offers the market size and forecasts in terms of volume in metric ton and value in USD thousand for all the above segments.
| Crop Type (Production Analysis, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis) | |
| Vegetables | |
| Fruits |
Cameroon Fruits and Vegetable Market Research FAQs
How big is the Cameroon Fruits and Vegetables Market?
The Cameroon Fruits and Vegetables Market size is expected to reach USD 2.48 billion in 2024 and grow at a CAGR of 6.42% to reach USD 3.38 billion by 2029.
What is the current Cameroon Fruits and Vegetables Market size?
In 2024, the Cameroon Fruits and Vegetables Market size is expected to reach USD 2.48 billion.
What years does this Cameroon Fruits and Vegetables Market cover, and what was the market size in 2023?
In 2023, the Cameroon Fruits and Vegetables Market size was estimated at USD 2.33 billion. The report covers the Cameroon Fruits and Vegetables Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Cameroon Fruits and Vegetables Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Cameroon Fruits and Vegetables Industry Report
Statistics for the 2024 Cameroon Fruits and Vegetables market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Cameroon Fruits and Vegetables analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
