Agricultural Products in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The agricultural products industry consists of the production of Cereals (such as wheat, rice, barley etc.), Nuts (almonds, hazelnuts, pistachios etc.), Oil crops (cottonseed, groundnuts, olives etc.), Spices & Stimulants (coffee, hops, dry chilies etc.), Sugar (sugar cane, sugar beet etc.), Pulses (beans, peas, lentils etc.), Roots & Tubers (Potatoes, sweet potatoes, cassava etc.), Vegetables (cabbages, tomatoes, onions etc.), and Fruit (bananas, citrus fruits, berries etc.)
- The Nigerian agricultural products market is expected to generate total revenues of $44.0 billion in 2022, representing a compound annual growth rate (CAGR) of 11.9% between 2017 and 2022.
- Market production volume is forecast to increase with a CAGR of 2.2% between 2017 and 2022, to reach a total of 99.6 million tonnes in 2022.
- Agriculture funding falls short of Nigeria’s Maputo Declaration, which aimed to allocate 10% of annual national budget to the agriculture sector.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the agricultural products market in Nigeria
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the agricultural products market in Nigeria
- Leading company profiles reveal details of key agricultural products market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria agricultural products market with five year forecasts
Reasons to Buy
- What was the size of the Nigeria agricultural products market by value in 2022?
- What will be the size of the Nigeria agricultural products market in 2027?
- What factors are affecting the strength of competition in the Nigeria agricultural products market?
- How has the market performed over the last five years?
- What are the main segments that make up Nigeria's agricultural products market?
Table of Contents
1 Executive Summary1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do leading players follow?
8 Company Profiles
8.1. Dangote Sugar Refinery Plc
8.2. Theobroma BV
8.3. FTN Cocoa Processors Plc
8.4. Flour Mills of Nigeria Plc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher
List of Tables
Table 1: Nigeria agricultural products market value: $ billion, 2017-22(e)
Table 2: Nigeria agricultural products market volume: million tonnes, 2017-22(e)
Table 3: Nigeria agricultural products market category segmentation: % share, by value, 2017-2022(e)
Table 4: Nigeria agricultural products market category segmentation: $ billion, 2017-2022
Table 5: Nigeria agricultural products market geography segmentation: $ billion, 2022(e)
Table 6: Nigeria agricultural products market value forecast: $ billion, 2022-27
Table 7: Nigeria agricultural products market volume forecast: million tonnes, 2022-27
Table 8: Dangote Sugar Refinery Plc: key facts
Table 9: Dangote Sugar Refinery Plc: Annual Financial Ratios
Table 10: Dangote Sugar Refinery Plc: Key Employees
Table 11: Theobroma BV: key facts
Table 12: FTN Cocoa Processors Plc: key facts
Table 13: FTN Cocoa Processors Plc: Annual Financial Ratios
Table 14: FTN Cocoa Processors Plc: Key Employees
Table 15: Flour Mills of Nigeria Plc: key facts
Table 16: Flour Mills of Nigeria Plc: Annual Financial Ratios
Table 17: Flour Mills of Nigeria Plc: Key Employees
Table 18: Flour Mills of Nigeria Plc: Key Employees Continued
Table 19: Nigeria size of population (million), 2018-22
Table 20: Nigeria gdp (constant 2005 prices, $ billion), 2018-22
Table 21: Nigeria gdp (current prices, $ billion), 2018-22
Table 22: Nigeria inflation, 2018-22
Table 23: Nigeria consumer price index (absolute), 2018-22
Table 24: Nigeria exchange rate, 2017-21
List of Figures
Figure 1: Nigeria agricultural products market value: $ billion, 2017-22(e)
Figure 2: Nigeria agricultural products market volume: million tonnes, 2017-22(e)
Figure 3: Nigeria agricultural products market category segmentation: $ billion, 2017-2022
Figure 4: Nigeria agricultural products market geography segmentation: % share, by value, 2022(e)
Figure 5: Nigeria agricultural products market value forecast: $ billion, 2022-27
Figure 6: Nigeria agricultural products market volume forecast: million tonnes, 2022-27
Figure 7: Forces driving competition in the agricultural products market in Nigeria, 2022
Figure 8: Drivers of buyer power in the agricultural products market in Nigeria, 2022
Figure 9: Drivers of supplier power in the agricultural products market in Nigeria, 2022
Figure 10: Factors influencing the likelihood of new entrants in the agricultural products market in Nigeria, 2022
Figure 11: Factors influencing the threat of substitutes in the agricultural products market in Nigeria, 2022
Figure 12: Drivers of degree of rivalry in the agricultural products market in Nigeria, 2022
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Dangote Sugar Refinery Plc
- Theobroma BV
- FTN Cocoa Processors Plc
- Flour Mills of Nigeria Plc
