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Agricultural Products in Nigeria - Market Summary, Competitive Analysis and Forecast to 2025

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    Report

  • 43 Pages
  • October 2021
  • Region: Nigeria
  • MarketLine
  • ID: 5516580
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1h Free Analyst Time

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FEATURED COMPANIES

  • FTN Cocoa Processors Plc
  • Theobroma BV
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

Agricultural Products in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2016-20, and forecast to 2025). 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.), Oilcrops (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 had total revenues of $39.4bn in 2020, representing a compound annual growth rate (CAGR) of 14.5% between 2016 and 2020.
  • Market consumption volume increased with a CAGR of 3.4% between 2016 and 2020, to reach a total of 99.5 million tonnes in 2020.
  • The roots and tubers segment was the market's most lucrative in 2020, with total revenues of $13.5bn, equivalent to 34.1% of the market's overall value.

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 2020?
  • What will be the size of the Nigeria agricultural products market in 2025?
  • What factors are affecting the strength of competition in the Nigeria agricultural products market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in Nigeria's agricultural products market?
Frequently Asked Questions about the Agricultural Products Market in Nigeria

What is the estimated value of the Agricultural Products Market in Nigeria?

The Agricultural Products Market in Nigeria was estimated to be valued at $39.4 billion in 2020.

What is the growth rate of the Agricultural Products Market in Nigeria?

The growth rate of the Agricultural Products Market in Nigeria is 6.7%, with an estimated value of $54.6 billion by 2025.

What is the forecasted size of the Agricultural Products Market in Nigeria?

The Agricultural Products Market in Nigeria is estimated to be worth $54.6 billion by 2025.

Who are the key companies in the Agricultural Products Market in Nigeria?

Key companies in the Agricultural Products Market in Nigeria include Dangote Sugar Refinery Plc, Theobroma BV and Flour Mills of Nigeria Plc.

FEATURED COMPANIES

  • FTN Cocoa Processors Plc
  • Theobroma BV

1 Executive Summary
1.1. 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, 2016-20
Table 2: Nigeria agricultural products market volume: million tonnes, 2016-20
Table 3: Nigeria agricultural products market category segmentation: $ billion, 2020
Table 4: Nigeria agricultural products market geography segmentation: $ billion, 2020
Table 5: Nigeria agricultural products market value forecast: $ billion, 2020-25
Table 6: Nigeria agricultural products market volume forecast: million tonnes, 2020-25
Table 7: Dangote Sugar Refinery Plc: key facts
Table 8: Dangote Sugar Refinery Plc: Annual Financial Ratios
Table 9: Dangote Sugar Refinery Plc: Key Employees
Table 10: Theobroma BV: key facts
Table 11: FTN Cocoa Processors Plc: key facts
Table 12: FTN Cocoa Processors Plc: Annual Financial Ratios
Table 13: FTN Cocoa Processors Plc: Key Employees
Table 14: Flour Mills of Nigeria Plc: key facts
Table 15: Flour Mills of Nigeria Plc: Annual Financial Ratios
Table 16: Flour Mills of Nigeria Plc: Key Employees
Table 17: Flour Mills of Nigeria Plc: Key Employees Continued
Table 18: Nigeria size of population (million), 2016-20
Table 19: Nigeria gdp (constant 2005 prices, $ billion), 2016-20
Table 20: Nigeria gdp (current prices, $ billion), 2016-20
Table 21: Nigeria inflation, 2016-20
Table 22: Nigeria consumer price index (absolute), 2016-20
Table 23: Nigeria exchange rate, 2016-20
List of Figures
Figure 1: Nigeria agricultural products market value: $ billion, 2016-20
Figure 2: Nigeria agricultural products market volume: million tonnes, 2016-20
Figure 3: Nigeria agricultural products market category segmentation: % share, by value, 2020
Figure 4: Nigeria agricultural products market geography segmentation: % share, by value, 2020
Figure 5: Nigeria agricultural products market value forecast: $ billion, 2020-25
Figure 6: Nigeria agricultural products market volume forecast: million tonnes, 2020-25
Figure 7: Forces driving competition in the agricultural products market in Nigeria, 2020
Figure 8: Drivers of buyer power in the agricultural products market in Nigeria, 2020
Figure 9: Drivers of supplier power in the agricultural products market in Nigeria, 2020
Figure 10: Factors influencing the likelihood of new entrants in the agricultural products market in Nigeria, 2020
Figure 11: Factors influencing the threat of substitutes in the agricultural products market in Nigeria, 2020
Figure 12: Drivers of degree of rivalry in the agricultural products market in Nigeria, 2020

A selection of companies mentioned in this report includes:

  • Dangote Sugar Refinery Plc
  • Theobroma BV
  • FTN Cocoa Processors Plc
  • Flour Mills of Nigeria Plc