World - Fonio - Market Analysis, Forecast, Size, Trends and Insights
Which Country Produces the Most Fonio in the World?
In 2015, the country with the largest volume of the fonio output was Guinea (X thousand tonnes), accounting for X% of global production. Moreover, fonio output in Guinea exceeded the figures recorded by the world's second largest producer, Nigeria (X thousand tonnes), sixfold. The third position in this ranking was occupied by Mali with a share of X%.
From 2007 to 2015, an average annual growth rate of fonio producton in Guinea stood at +X%. The remaining producing countries recorded the following average annual growth rates: Nigeria (+X% per year) and Mali (+X% per year).
Top Fonio Producing Countries in the World
X. Guinea (X Tonnes)
X. Nigeria (X Tonnes)
X. Mali (X Tonnes)
X. Côte D'Ivoire (X Tonnes)
X. Burkina Faso (X Tonnes)
Global Fonio Production
Global fonio production amounted to X thousand tonnes in 2015, rising by +X% against the previous year level. Overall, the global fonio output pursued a pronounced growth from 2007 to 2015. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The total output figures increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, when the output figure increased by +X% from the previous year level. Over the period under review, the global fonio production attained its maximum volume of X thousand tonnes in 2007. From 2008 to 2015, the total fonio output growth failed to regain its strength.
Over the analyzed period, an increase in global fonio production was primarily driven by popularity of healthy eating and population growth. Furthermore, these key drivers are expected to continue promoting the fonio output in the immediate term. This general positive trend was largely conditioned by a robust expansion of the harvested area and a slight contraction of the yield figures.
The world fonio harvested area amounted to X thousand ha in 2015, which was X% more than the previous year figure. The fonio harvested area indicated a noticeable increase over the period under review, representing a compound annual growth rate of +X% from 2007 to 2015. This trend pattern, however, indicated some mild fluctuations over the recent years. Over the period under review, the total fonio harvested area peaked in 2015, and is likely to continue its expansion in the immediate term, following rising demand for globally.
Do you want to know more about global fonio market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- fonio market share
- fonio prices
- fonio industry
- fonio sales
- fonio market forecast
- fonio price forecast
- key fonio producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global fonio market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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