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Cheese in Nigeria

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    Report

  • 20 Pages
  • September 2022
  • Region: Nigeria
  • Euromonitor International
  • ID: 1449340
In spite of rising oil prices due to the war Ukraine, Nigeria is not benefitting as much as it could as output is low due to infrastructure deficiencies. Therefore, the economy is being negatively impacted by soaring global gas and food prices. The naira has also devalued, making many imports even more expensive and also making it difficult for local companies to access foreign exchange to buy materials. All in all, this is expected to mean an overall bleak performance for cheese.

The Cheese in Nigeria report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2017-2021, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in < - Year - > directly informs our forecasts to 2026, clearly indicating how the market is expected to change.

Product coverage: Hard Cheese, Processed Cheese excl Spreadable, Soft Cheese, Spreadable Cheese.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Cheese market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

CHEESE IN NIGERIAKEY DATA FINDINGS
2022 DEVELOPMENTS
  • Significant volume decline in 2022
  • Lactalis dominates cheese but loses value share
  • Significant development with launch of local packaged cream cheese from Arla
PROSPECTS AND OPPORTUNITIES
  • Muted performance over forecast period
  • Growth of modern grocery retail channels to boost growth
  • Good prospects for Arla’s locally produced cream cheese
CATEGORY DATA
  • Table 1 Sales of Cheese by Category: Volume 2017-2022
  • Table 2 Sales of Cheese by Category: Value 2017-2022
  • Table 3 Sales of Cheese by Category: % Volume Growth 2017-2022
  • Table 4 Sales of Cheese by Category: % Value Growth 2017-2022
  • Table 5 Sales of Spreadable Processed Cheese by Type: % Value 2017-2022
  • Table 6 NBO Company Shares of Cheese: % Value 2018-2022
  • Table 7 LBN Brand Shares of Cheese: % Value 2019-2022
  • Table 8 Distribution of Cheese by Format: % Value 2017-2022
  • Table 9 Forecast Sales of Cheese by Category: Volume 2022-2027
  • Table 10 Forecast Sales of Cheese by Category: Value 2022-2027
  • Table 11 Forecast Sales of Cheese by Category: % Volume Growth 2022-2027
  • Table 12 Forecast Sales of Cheese by Category: % Value Growth 2022-2027
  • CHART 1 Dairy Products and Alternatives Value Sales Growth Scenarios: 2020-2027
  • CHART 2 Dairy Products and Alternatives Impact of Drivers on Value Sales: 2020-2027
DAIRY PRODUCTS AND ALTERNATIVES IN NIGERIA
EXECUTIVE SUMMARY
  • Dairy products and alternatives in 2022: The big picture
  • Key trends in 2022
  • Competitive landscape
  • Channel developments
  • What next for dairy products and alternatives?
MARKET DATA
  • Table 13 Sales of Dairy Products and Alternatives by Category: Value 2017-2022
  • Table 14 Sales of Dairy Products and Alternatives by Category: % Value Growth 2017-2022
  • Table 15 NBO Company Shares of Dairy Products and Alternatives: % Value 2018-2022
  • Table 16 LBN Brand Shares of Dairy Products and Alternatives: % Value 2019-2022
  • Table 17 Distribution of Dairy Products and Alternatives by Format: % Value 2017-2022
  • Table 18 Forecast Sales of Dairy Products and Alternatives by Category: Value 2022-2027
  • Table 19 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
  • Summary 1 Research Sources