Cameroon Fruits and Vegetables Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The Cameroon Fruits and Vegetables market is projected to register with a CAGR of 4.1% during the forecast period (2021-2026).
The COVID-19 pandemic has led to increase in demand for fruits and vegetables due to growing awareness towards healthy and nutritional diets. Due to the closure of restaurants, bars, and schools, produce growers and distributors were forced to shift supplies almost entirely from the food service to the retail channel in the country. Hence, COVID-19 has no significant impact on the fruits and vegetable market in Cameroon.
According to the FAO, total vegetable accounts for 3.1 million metric ton and fruit production accounts for 6.7 million metric ton in 2019. Cassava was the most produced crop in Cameroon, with a production of 6.1 million metric ton in 2019, followed by plantains with a production of 4.7 million metric ton. The increasing production of fruits and vegetables is due to improvement in production techniques is driving the export which in turn will boost the market during the forecast period.
Key Market TrendsPlantains and Banana are the Major Fruits of CameroonAccording to the FAO, plantains and banana are the most cultivated fruits crop in Cameroon with lead production of 4.7 million metric ton and 1.2 million metric ton, respectively, in 2019, followed by pineapple avacado and watermelon. The improvement in cultivation techniques, along with new and improved varieties are anticipated to bump up the production rate in the country. For instance, Green- House Ventures, a company specialized in modern agricultural techniques, is putting efforts in bridging the gap by carrying out mass cultivation of the nutritious fruit. Thus, with the rising demand for fruits, government support and adoption of modern farming techniques will have positive impact on the market growth. Thus, considering the afore mentioned factors market is projected to record a healthy growth rate over the forecast period.
Growing Export OpportunityAccording to ITC Trade, the export of fruits accounted for USD 289,494.0 thousand in 2019. Among fruits, banana is the major fruit exported followed by dates, figs, pineapples. Due to improvement in cultivation techniques in banana cultivation which helps to increase the production of bananas is driving the export which in turn will boost the market during the forecast period. According to iTC Trademap, the major export destinations for the Cameroon fruits are countries like Belgium and France holding a share of 44.1% and 21.5%, respectively, in 2017.
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