Market Chain Analysis of Peanut in Bambasi District; Benishangul Gumuz Region, Western Ethiopia

Amente Negussa Bayata ,Tewodros Adane Nega

doi:10.11648/j.ajpb.20200503.14

Abstract

Peanut is one of the important agricultural food crops of the world. It is an important source of edible oil and source of vegetable protein. It is also significant source of cash in developing countries that contribute significantly to food security and alleviate poverty. Peanuts have a strong nutritional profile. They are an excellent source of plant-based protein, fiber, and many key vitamins and minerals. Peanuts come in many forms, including roasted, salted, chocolate-coated, and as peanut butter. Different types have different nutritional profiles and various health benefits. This study was initiated to Market Analysis of Peanut in Bambasi District; Benishangul Gumuz Region, Western Ethiopia. The focus of the study was to analyze the peanut market channel in the study area. Different variables were hypothesized to determine quantity of peanut supply to the market. The data was supplemented by primary and secondary sources. The multiple linear regression models were applied to estimate the effects of explanatory variables on quantity of peanut supplied to the market. The results obtained from this analysis indicate extension services, volume of peanut produced, distance to the market, and average price of peanut were found to be the most important significant variables influencing peanut marketing in the district. Therefore, providing extension services, improving volume of peanut produced, improving transportation facilities to strengthen the vertical and horizontal linkages among the marketing agents are recommended to develop and strengthen information on peanut product marketing in the study area.

Highlights

Agriculture is the mainstay of the Ethiopian economy and contributes 41.4% of the country’s gross domestic product (GDP), 83.9% of the total exports, and 80% of all employment in the country
Factors affecting the choice of peanut market chain The effects of Xi on Yi were measured by OLS through the multiple linear regression models
The effect of significant variables on peanut marketing Volume of peanut produced: if the volume of peanut increased in the market, demand of the product decreases with proportion to population size

Summary

Introduction

The growth of Ethiopia and food security is driven by agriculture which is the foundation of the country’s economy and contributes 15 to 17 percent of the government expenditures It employs 80 percent of the total population, 43 percent of gross domestic product (GDP), and over 70 percent of export value [1]. Peanut is one of the important agricultural food crops of the world It is the world’s important source of edible oil and source of vegetable protein [2]. It is significant source of cash in developing countries that contribute significantly to food security and alleviate poverty. Developing countries account for 97% of the world’s peanut area and 94%of the total production [3]

Methods

Results

Conclusion