The study on the Smallholders Socio-Economic Characteristics Oil Palm Value Chain: Constraints and Prospects was conducted in the Littoral region of Cameroon with the used of multi-sampling technique. The study made used of secondary and primary data sources. Data that were collected through survey involved the distribution of structured questionnaires to a sample of 400 smallholders who were purposively selected from two sub-divisions. The data collected through these questionnaires were analysed using Statistical Package for Social Science and Micro Soft Excel, and the interpreted resulted were presented using descriptive method, pie charts and in tables. Results indicated actors in the value chain were faced the constraints of inadequate capital, inadequate storage facilities, and fluctuation in market prices, inadequate roads, among others. Results further indicated that the activity was important as it provided opportunities such as job creation, health enhancement, education enhancement, income amelioration among others to the actors in the value chain.