IDEAS home Printed from https://ideas.repec.org/a/bcp/journl/v7y2023i12p320-330.html
   My bibliography  Save this article

Evaluating the Socioeconomic Factors and Distribution Challenges in Retail Dried Catfish Marketing: A Case Study of Akure South Local Government Area, Ondo State, Nigeria

Author

Listed:
  • T. Akinsete

    (Department of Agricultural and Resource Economics, Federal University of Technology Akure, P.MB.704, Nigeria)

  • O. Oduntan

    (Department of Agricultural and Resource Economics, Federal University of Technology Akure, P.MB.704, Nigeria)

  • M.Omoseyin

    (Department of Agricultural and Resource Economics, Federal University of Technology Akure, P.MB.704, Nigeria; State Office Coordinating Unit, Ondo State; National Social Safety Net Scheme)

  • M.Obe

    (Department of Agricultural and Resource Economics, Federal University of Technology Akure, P.MB.704, Nigeria)

  • A. Ademati

    (Department of Agricultural and Resource Economics, Federal University of Technology Akure, P.MB.704, Nigeria)

  • O.Omosehin

    (Department of Agricultural and Resource Economics, Federal University of Technology Akure, P.MB.704, Nigeria)

Abstract

This study examined the factors affecting Dried Catfish marketing in Akure South Local Government Area of Ondo State, Nigeria using Primary data. The data were sourced using a well-structured questionnaire. A multistage sampling technique was employed to randomly select 90 respondents at the final stage in the study area. The data were analyzed using descriptive statistics, gross margin, and regression analyses. The results showed that female dominated the enterprise with 100% and (83.3%) of the married respondents shows that they are still in their active and productive age. The result of the gross margin analysis shows that Catfish marketing was a profitable venture given the value of gross margin to be ₦6, 047,500 per trip. The regression analysis reveals that age, educational level and years of experience were statistically significantly for Catfish marketers in the study area. It is therefore recommended that government should assist dried Catfish marketers by making available low interest credit facilities so that marketers can have access to finance to boost their business. In lieu of external support, Catfish marketers can explore new markets and distribution channels to broaden the reach of retailed-dried catfish products, and also get involved in developing new flavors, packaging options, or introducing value-added catfish products to attract a wider consumer base.

Suggested Citation

  • T. Akinsete & O. Oduntan & M.Omoseyin & M.Obe & A. Ademati & O.Omosehin, 2023. "Evaluating the Socioeconomic Factors and Distribution Challenges in Retail Dried Catfish Marketing: A Case Study of Akure South Local Government Area, Ondo State, Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(12), pages 320-330, December.
  • Handle: RePEc:bcp:journl:v:7:y:2023:i:12:p:320-330
    as

    Download full text from publisher

    File URL: https://www.rsisinternational.org/journals/ijriss/Digital-Library/volume-7-issue-12/320-330.pdf
    Download Restriction: no

    File URL: https://www.rsisinternational.org/journals/ijriss/articles/evaluating-the-socioeconomic-factors-and-distribution-challenges-in-retail-dried-catfish-marketing-a-case-study-of-akure-south-local-government-area-ondo-state-nigeria/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Sustainable aquaculture & Value chains and nutrition & Diyzee, K. & Williams, G. & Anastasiou, K. & Powell, A. & Shikuku, K.M. & Tran, N. & Byrd, K.A. & Chan, C.Y. & Bogard, J. & Steensma, J. & Nukpez, 2022. "Performance analysis of existing catfish and tilapia value chains and market systems in Nigeria: A post-farmgate value chain scoping study," Monographs, The WorldFish Center, number 41011, April.
    2. Lenis Saweda O. Liverpool‐Tasie & Awa Sanou & Thomas Reardon & Ben Belton, 2021. "Demand for Imported versus Domestic Fish in Nigeria," Journal of Agricultural Economics, Wiley Blackwell, vol. 72(3), pages 782-804, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dessy Adriani & Muhammad Yazid & Riswani & Dini Damayanthy & Eunho Choi & Hyunyoung Yang, 2024. "Livelihood Alternatives in Restored Peatland Areas in South Sumatra Province, Indonesia," Land, MDPI, vol. 13(5), pages 1-24, May.
    2. Thomas Reardon & Lenis Saweda O. Liverpool‐Tasie & Ben Belton & Michael Dolislager & Bart Minten & Barry Popkin & Rob Vos, 2024. "African domestic supply booms in value chains of fruits, vegetables, and animal products fueled by spontaneous clusters of SMEs," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 46(2), pages 390-413, June.
    3. Thomas Reardon & Lenis Saweda O. Liverpool-Tasie & Bart Minten, 2021. "Quiet Revolution by SMEs in the midstream of value chains in developing regions: wholesale markets, wholesalers, logistics, and processing," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 13(6), pages 1577-1594, December.
    4. Chan, Chin Yee & Prager, Steven & Balie, Jean & Kozicka, Marta & Hareau, Guy & Valera, Harold Glenn & Tran, Nhuong & Wiebe, Keith & Diagne, Mandiaye & Alene, Arega, 2021. "The Future of Food Security, Nutrition and Health for Agri-food Systems Transformation," SocArXiv qgn9u, Center for Open Science.
    5. Reardon, Thomas & Liverpool-Tasie, Saweda & Minten, Bart, 2022. "IFAD Research Series 78: The Small and Medium Enterprises’ quiet revolution in the hidden middle of food systems in developing regions," IFAD Research Series 321998, International Fund for Agricultural Development (IFAD).
    6. Fadare, Olusegun & Srinivasan, Chittur & Zanello, Giacomo, 2024. "Livestock diversification mitigates the impact of farmer-herder conflicts on animal-source foods consumption in Nigeria," Food Policy, Elsevier, vol. 122(C).
    7. Kangshun Zhao & Steven D. Gaines & Jorge García Molinos & Min Zhang & Jun Xu, 2024. "Effect of trade on global aquatic food consumption patterns," Nature Communications, Nature, vol. 15(1), pages 1-10, December.
    8. Jessica M. Scott & Ben Belton & Kristi Mahrt & Shakuntala H. Thilsted & Jessica R. Bogard, 2023. "Food systems transformation, animal-source foods consumption, inequality, and nutrition in Myanmar," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 15(5), pages 1345-1364, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bcp:journl:v:7:y:2023:i:12:p:320-330. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Pawan Verma (email available below). General contact details of provider: https://rsisinternational.org/journals/ijriss/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.