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Masters Thesis | Agricultural Economics | Kenya | Volume 12 Issue 10, October 2023 | Popularity: 5 / 10

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Informal Markets and Market Information on Farming of Agricultural Produce in Kenya a Survey to Selected Lake Region Economic Bloc Counties

Reuben Wanjihia Gachau, Samuel Thiongo Mungai

Abstract: Approximately 70% of the Kenyan economy is contributed by the agricultural sector which is compromised of the 80% of small holder farmers. In Africa, the agriculture sector remains one of the central economic sectors for the continent?s social economic growth, employing most of the population at 14% of GDP in sub-Saharan Africa. In Kenya, agriculture is incontrovertibly the pillar of Kenya?s Economy considering its massive benefaction to the national Gross Domestic Product (GDP). Even though the strategic plan of Vision 2030 acknowledged agriculture crucial to delivering sustainable social economic growth and improve quality of livelihoods for peasant farmers, it undergoes restrictions at the international, counties, and at the national level that necessitate distinct consideration. Poultry and aquaculture are indispensable to food production for many deprived families and is generally adopted at farms previously practiced as subsistence farming. Under old market regimes, occasioned by failure to reflect market intelligence, lack of quality services, intermediaries, and unfair competition, it calls for proper understanding of the market structure from production up all the to the end consumers This study therefore will assist in identification of key determinants of commodity supply and marketing for possible programming support and policy guidelines. The research was steered by means of descriptive research design and the data was put together using feedback forms. The feedback forms were self-managed for the farmers. The data was evaluated using Statistical Package for the Social Sciences software (SPSS) and communicated through tables. The variables were correlated using statistical methods. The findings from the study illustrated the contribution of informal markets and market information have enormous impact to farming of agricultural produce.

Keywords: Small Holder Farmers, Livelihoods, Food Production, Market Structure, market

Edition: Volume 12 Issue 10, October 2023

Pages: 396 - 402

DOI: https://www.doi.org/10.21275/SR231004204323

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