TITLE:
The Role of Market Efficiency on Spices Production: A Systematic Literature Review
AUTHORS:
Erick Kwesigabo, Salum Mohamed, Akinyi Sassi
KEYWORDS:
Market Efficiency, Market Information, Spices, Production, Smallholder Farmers
JOURNAL NAME:
Open Access Library Journal,
Vol.12 No.7,
July
28,
2025
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 efficiency has a substantial influence on spice production; access to perfect market information has a significant and positive influence on spice production in majority of smallholder farmers. However, the impact of access to market information has varying magnitude among producers depending on geographical location; in this regard, various types of producers require different consideration with respect to this parameter. We therefore recommended dedicated support from relevant authorities to create a conducive infrastructure to enhance rapid access to market information by smallholder farmers.