Definition:
The Vegetables market covers fresh, frozen, and processed edible plants that are bought and consumed for nutrient-based purposes.
Structure:
The market consists of 2 different submarkets:
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Vegetables Market in Chad is witnessing minimal growth, influenced by factors such as limited infrastructure, fluctuating climate conditions, and varying consumer preferences. Despite challenges, initiatives to enhance production and distribution may support gradual improvements in the sector.
Customer preferences: In Chad, there is a notable shift towards organic and locally sourced vegetables as consumers become more health-conscious and aware of environmental sustainability. This trend is influenced by the younger demographic, which increasingly values nutrition and the origins of their food. Additionally, urbanization is driving demand for convenience, leading to a rise in pre-packaged and ready-to-cook vegetable products. Social media and community initiatives are playing a critical role in educating consumers about the benefits of fresh produce, further shaping preferences in the market.
Trends in the market: In Chad, the Vegetables Market is experiencing a significant shift towards organic and locally sourced produce, driven by a health-conscious consumer base that prioritizes nutrition and environmental sustainability. This trend is particularly prominent among the younger population, which is increasingly informed about food origins. Additionally, urbanization is catalyzing demand for convenience, resulting in a rise in pre-packaged and ready-to-cook vegetable options. Social media campaigns and community initiatives are pivotal in educating the public about the advantages of fresh produce, influencing purchasing decisions and presenting opportunities for industry stakeholders to innovate and align with consumer preferences.
Local special circumstances: In Chad, the Vegetables Market is shaped by its unique climatic conditions and diverse agricultural practices, which favor the cultivation of various indigenous crops. Cultural traditions emphasize communal farming and local consumption, influencing preferences for fresh, seasonal produce. Moreover, regulatory frameworks are gradually evolving to support sustainable agriculture, promoting organic farming practices. The interdependence between urban and rural areas fosters vibrant supply chains, while economic challenges encourage creativity in local distribution methods, further distinguishing Chad's market dynamics from others in the region.
Underlying macroeconomic factors: The Vegetables Market in Chad is significantly influenced by macroeconomic factors such as agricultural investment, trade policies, and access to financing. Global trends in food security and sustainability drive demand for local produce, while fluctuations in international commodity prices affect input costs for farmers. The national economy’s health, characterized by GDP growth and inflation rates, directly impacts consumer purchasing power and market stability. Fiscal policies aimed at enhancing rural development and infrastructure improvements facilitate better distribution channels. Furthermore, climate change adaptation strategies are increasingly shaping agricultural practices, ensuring resilience in a market where fresh, seasonal vegetables are crucial for both nutrition and economic viability.
Data coverage:
The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).Modeling approach:
Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights