The Role of Market Efficiency on Spices Production: A Systematic Literature Review
Loading...
Date
2025-07-28
Journal Title
Journal ISSN
Volume Title
Publisher
Open Access Library Journal
Abstract
The objective guiding this systematic literature review was to assess the role of
market efficiency in spices production. The study reviewed 44 international
publications from ScienceDirect published from 2010 to 2023 that address the
effect of access to market information on spices production, guided by PRISMA
2020 framework. Results from this systematic review suggest that market effi
ciency has a substantial influence on spice production; access to perfect market
information has a significant and positive influence on spice production in ma
jority of smallholder farmers. However, the impact of access to market infor
mation has varying magnitude among producers depending on geographical
location; in this regard, various types of producers require different considera
tion with respect to this parameter. We therefore recommended dedicated sup
port from relevant authorities to create a conducive infrastructure to enhance
rapid access to market information by smallholder farmers.
Sustainable Development Goals
SDG-1: No Poverty
SDG-2: Zero Hunger
Keywords
Market Efficiency, Market Information, Spices, Production, Smallholder Farmers