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Cheese in Nigeria

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    Report

  • 18 Pages
  • September 2023
  • Region: Nigeria
  • Euromonitor International
  • ID: 1449340
Cheese, as a product area, witnesses a substantial volume decline in 2023, although the rate of decline is less steep in comparison to the pronounced contraction observed in 2022. This decline can be attributed to the ongoing impact of challenging economic conditions, particularly the severe depreciation of the local currency, which results in significant price hikes for imports like 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 2018-2022, 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 2023 directly informs the forecasts to 2027, 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
The analyst has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, The analyst has a unique capability to develop reliable information resources to help drive informed strategic planning.

Table of Contents

KEY DATA FINDINGS
2023 DEVELOPMENTS
  • Volume decline in cheese amidst challenging economic conditions
  • Depreciation of the local currency amplifies unit prices
  • Brand availability dampened in 2023 as importers struggle with rising costs
PROSPECTS AND OPPORTUNITIES
  • Anticipating good growth as economy improves
  • Novelty factor expected to drive demand
  • Spreadable cheese poised to lead dynamic growth
CATEGORY DATA
  • Table 1 Sales of Cheese by Category: Volume 2018-2023
  • Table 2 Sales of Cheese by Category: Value 2018-2023
  • Table 3 Sales of Cheese by Category: % Volume Growth 2018-2023
  • Table 4 Sales of Cheese by Category: % Value Growth 2018-2023
  • Table 5 Sales of Spreadable Processed Cheese by Type: % Value 2018-2023
  • Table 6 NBO Company Shares of Cheese: % Value 2019-2023
  • Table 7 LBN Brand Shares of Cheese: % Value 2020-2023
  • Table 8 Distribution of Cheese by Format: % Value 2018-2023
  • Table 9 Forecast Sales of Cheese by Category: Volume 2023-2028
  • Table 10 Forecast Sales of Cheese by Category: Value 2023-2028
  • Table 11 Forecast Sales of Cheese by Category: % Volume Growth 2023-2028
  • Table 12 Forecast Sales of Cheese by Category: % Value Growth 2023-2028
DAIRY PRODUCTS AND ALTERNATIVES IN NIGERIA
EXECUTIVE SUMMARY
  • Dairy products and alternatives in 2023: The big picture
  • Key trends in 2023
  • Competitive Landscape
  • Channel developments
  • What next for dairy products and alternatives?
MARKET DATA
  • Table 13 Sales of Dairy Products and Alternatives by Category: Value 2018-2023
  • Table 14 Sales of Dairy Products and Alternatives by Category: % Value Growth 2018-2023
  • Table 15 NBO Company Shares of Dairy Products and Alternatives: % Value 2019-2023
  • Table 16 LBN Brand Shares of Dairy Products and Alternatives: % Value 2020-2023
  • Table 17 Distribution of Dairy Products and Alternatives by Format: % Value 2018-2023
  • Table 18 Forecast Sales of Dairy Products and Alternatives by Category: Value 2023-2028
  • Table 19 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources