Grains Market in Tanzania Market Size

Tanzania Grains Market Analysis

The Grains Market in Tanzania Market size is estimated at USD 7.24 million in 2024, and is expected to reach USD 8.47 million by 2029, growing at a CAGR of 3.21% during the forecast period (2024-2029).

• Agriculture in Tanzania is the source of livelihood for a majority of the population while contributing 25.9% of the total GDP in 2021, as per the world bank.
• The Tanzanian grain market caters mainly to domestic demand. The grain market includes cereals, pulses, and oilseeds. Maize and rice are the top cereals produced in the country. According to Food and Agriculture Organization (FAO), maize is the most widely cultivated cereal, producing 7,039,000 metric ton in 2021. Rice and sorghum are the most cultivated crops in Tanzanian after maize, with production totaling 2,688,000 metric ton and 1,077,000 metric ton, respectively, in 2021.
• Furthermore, Pigeon peas and dry beans lead the pulses production. Groundnuts and sunflowers are the highest-produced oilseeds. Cereal crops are mainly grown for domestic consumption purposes in Tanzania. With increasing cultivation and the adoption of hybrid varieties and GM technologies, the country is expected to increase its share in the grain trade over the coming years.
• The traditional staple diet in Tanzania is based on cereals (maize and sorghum), starchy roots (cassava), and pulses (mainly beans). Cereals and root tubers serve as staples for most of the population in rural and urban areas, and maize is consumed in all regions in Tanzania. Moreover, the country's grain production has the potential and capacity to satisfy the local grain requirements and those of the regional markets. It can significantly contribute to both local and regional food security. However, the threat of climate change, lack of efficient financial support, and extension activities to the small-scale farmers of Tanzania are expected to restrain the grain market during the forecast period.