Market Size of Grains Industry in Cameroon
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.80 % |
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Cameroon Grains Market Analysis
The Cameroon grains market is expected to register a CAGR of 4.8% for the forecast period.
- The market focuses on catering to domestic demands. The grains market includes cereal crops, pulses, and oilseeds. Cameroon is not a self-sufficient country when it comes to the cereal market. As a result, various cereal crops are imported from other countries.
- Maize is the most widely cultivated cereal crop, with a harvest area of about 11,86,193 hectares. According to Food and Agriculture Organization Corporate Statistical (FAOSTAT) database, maize production was around 2.3 million metric tons in 2021. The most widely cultivated crops in the country among pulses are beans, followed by cowpea, and, among oilseeds, groundnut, followed by sesame. Groundnut production, one of the country's major oil crops, was 500,000 metric tons in 2021.
- Wheat consumption is high in the country. However, domestic wheat production is not sufficient enought to fulfill the consumption rate; hence, Cameroon exports a large quantity of wheat and is one of the biggest wheat importers. However, to increase self-sufficiency, the country's President increased funding to increase wheat production within the country, especially after a protest sparked due to the shortage of wheat in the country.