Nigeria Rennet Market (2025-2031) Outlook | Share, Growth, Revenue, Value, Trends, Companies, Industry, Analysis, Size & Forecast

Market Forecast By Type (Animal-derived Rennet, Microbial Rennet, Fermentation Produced Chymosin Rennet, Vegetable Rennet), By Form (Liquid, Powder, Paste), By End-Users (Food & Beverages, Pharmaceuticals, Industrial, Chemicals, Others), By Sales Channel (Online, Offline) And Competitive Landscape
Product Code: ETC235609 Publication Date: Aug 2022 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Nigeria Rennet Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The Nigeria rennet import market experienced a shift in concentration from high to low in 2024, with top exporting countries being Germany, Denmark, Metropolitan France, China, and Belgium. Despite a significant decline in the Compound Annual Growth Rate (CAGR) from 2020 to 2024 at -22.41%, the year-on-year growth rate improved slightly in 2024 at -20.38%. This suggests a potential stabilization in the market and diversification of sources for rennet imports in Nigeria.

Nigeria Rennet Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Nigeria Rennet Market Overview

The Nigeria rennet market, essential for cheese production, is experiencing steady growth. Rennet, an enzyme used to coagulate milk, is in demand due to the increasing consumption of dairy products in Nigeria. The market includes both traditional animal rennet and microbial or plant-based alternatives catering to different dietary preferences and religious practices. Local production and import of rennet are both integral to meeting the needs of Nigeria burgeoning food industry.

Drivers of the market

The Nigeria Rennet Market is driven by the growing dairy industry and increasing demand for cheese and other dairy products. The rising consumption of dairy products, driven by population growth and changing dietary preferences, significantly boosts market growth. Technological advancements in rennet production, including the development of microbial and genetically engineered rennet, enhance the market`s scope. The Nigeria government`s support for the agricultural and dairy sectors, including subsidies and initiatives to improve dairy farming practices, further propels market demand. Additionally, the increasing adoption of rennet in various food applications, including cheese making and meat processing, drives market expansion.

Challenges of the market

In Nigeria, the rennet market faces the primary challenge of limited local production capabilities, leading to heavy reliance on imports. This dependence on imported rennet results in high costs and susceptibility to international market fluctuations and trade barriers. Additionally, there is a lack of awareness about the benefits and uses of rennet in dairy production, which limits market demand. The underdeveloped dairy industry in Nigeria further constrains the market, as there are fewer producers who require rennet for cheese-making and other dairy processes.

Government Policy of the market

Agricultural policies in Nigeria are designed to support the dairy industry, including the production of rennet, an essential enzyme used in cheese-making. The government encourages local production through grants and subsidies, aiming to reduce dependency on imports. Initiatives also focus on improving the quality of livestock and milk production to ensure a consistent supply of raw materials for rennet production.

Key Highlights of the Report:

  • Nigeria Rennet Market Outlook
  • Market Size of Nigeria Rennet Market, 2024
  • Forecast of Nigeria Rennet Market, 2031
  • Historical Data and Forecast of Nigeria Rennet Revenues & Volume for the Period 2021-2031
  • Nigeria Rennet Market Trend Evolution
  • Nigeria Rennet Market Drivers and Challenges
  • Nigeria Rennet Price Trends
  • Nigeria Rennet Porter's Five Forces
  • Nigeria Rennet Industry Life Cycle
  • Historical Data and Forecast of Nigeria Rennet Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Nigeria Rennet Market Revenues & Volume By Animal-derived Rennet for the Period 2021-2031
  • Historical Data and Forecast of Nigeria Rennet Market Revenues & Volume By Microbial Rennet for the Period 2021-2031
  • Historical Data and Forecast of Nigeria Rennet Market Revenues & Volume By Fermentation Produced Chymosin Rennet for the Period 2021-2031
  • Historical Data and Forecast of Nigeria Rennet Market Revenues & Volume By Vegetable Rennet for the Period 2021-2031
  • Historical Data and Forecast of Nigeria Rennet Market Revenues & Volume By Form for the Period 2021-2031
  • Historical Data and Forecast of Nigeria Rennet Market Revenues & Volume By Liquid for the Period 2021-2031
  • Historical Data and Forecast of Nigeria Rennet Market Revenues & Volume By Powder for the Period 2021-2031
  • Historical Data and Forecast of Nigeria Rennet Market Revenues & Volume By Paste for the Period 2021-2031
  • Historical Data and Forecast of Nigeria Rennet Market Revenues & Volume By End-Users for the Period 2021-2031
  • Historical Data and Forecast of Nigeria Rennet Market Revenues & Volume By Food & Beverages for the Period 2021-2031
  • Historical Data and Forecast of Nigeria Rennet Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
  • Historical Data and Forecast of Nigeria Rennet Market Revenues & Volume By Industrial for the Period 2021-2031
  • Historical Data and Forecast of Nigeria Rennet Market Revenues & Volume By Chemicals for the Period 2021-2031
  • Historical Data and Forecast of Nigeria Rennet Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Nigeria Rennet Market Revenues & Volume By Sales Channel for the Period 2021-2031
  • Historical Data and Forecast of Nigeria Rennet Market Revenues & Volume By Online for the Period 2021-2031
  • Historical Data and Forecast of Nigeria Rennet Market Revenues & Volume By Offline for the Period 2021-2031
  • Nigeria Rennet Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Form
  • Market Opportunity Assessment By End-Users
  • Market Opportunity Assessment By Sales Channel
  • Nigeria Rennet Top Companies Market Share
  • Nigeria Rennet Competitive Benchmarking By Technical and Operational Parameters
  • Nigeria Rennet Company Profiles
  • Nigeria Rennet Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Nigeria Rennet Market Overview

3.1 Nigeria Country Macro Economic Indicators

3.2 Nigeria Rennet Market Revenues & Volume, 2021 & 2031F

3.3 Nigeria Rennet Market - Industry Life Cycle

3.4 Nigeria Rennet Market - Porter's Five Forces

3.5 Nigeria Rennet Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Nigeria Rennet Market Revenues & Volume Share, By Form, 2021 & 2031F

3.7 Nigeria Rennet Market Revenues & Volume Share, By End-Users, 2021 & 2031F

3.8 Nigeria Rennet Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F

4 Nigeria Rennet Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for dairy products in Nigeria

4.2.2 Growth in the food processing industry

4.2.3 Rising disposable income leading to higher consumption of cheese and other dairy products

4.3 Market Restraints

4.3.1 Lack of awareness about rennet and its benefits

4.3.2 Limited availability of rennet in the market

4.3.3 Price volatility of rennet impacting production costs for dairy manufacturers

5 Nigeria Rennet Market Trends

6 Nigeria Rennet Market, By Types

6.1 Nigeria Rennet Market, By Type

6.1.1 Overview and Analysis

6.1.2 Nigeria Rennet Market Revenues & Volume, By Type, 2021-2031F

6.1.3 Nigeria Rennet Market Revenues & Volume, By Animal-derived Rennet, 2021-2031F

6.1.4 Nigeria Rennet Market Revenues & Volume, By Microbial Rennet, 2021-2031F

6.1.5 Nigeria Rennet Market Revenues & Volume, By Fermentation Produced Chymosin Rennet, 2021-2031F

6.1.6 Nigeria Rennet Market Revenues & Volume, By Vegetable Rennet, 2021-2031F

6.2 Nigeria Rennet Market, By Form

6.2.1 Overview and Analysis

6.2.2 Nigeria Rennet Market Revenues & Volume, By Liquid, 2021-2031F

6.2.3 Nigeria Rennet Market Revenues & Volume, By Powder, 2021-2031F

6.2.4 Nigeria Rennet Market Revenues & Volume, By Paste, 2021-2031F

6.3 Nigeria Rennet Market, By End-Users

6.3.1 Overview and Analysis

6.3.2 Nigeria Rennet Market Revenues & Volume, By Food & Beverages, 2021-2031F

6.3.3 Nigeria Rennet Market Revenues & Volume, By Pharmaceuticals, 2021-2031F

6.3.4 Nigeria Rennet Market Revenues & Volume, By Industrial, 2021-2031F

6.3.5 Nigeria Rennet Market Revenues & Volume, By Chemicals, 2021-2031F

6.3.6 Nigeria Rennet Market Revenues & Volume, By Others, 2021-2031F

6.4 Nigeria Rennet Market, By Sales Channel

6.4.1 Overview and Analysis

6.4.2 Nigeria Rennet Market Revenues & Volume, By Online, 2021-2031F

6.4.3 Nigeria Rennet Market Revenues & Volume, By Offline, 2021-2031F

7 Nigeria Rennet Market Import-Export Trade Statistics

7.1 Nigeria Rennet Market Export to Major Countries

7.2 Nigeria Rennet Market Imports from Major Countries

8 Nigeria Rennet Market Key Performance Indicators

8.1 Percentage increase in dairy consumption in Nigeria

8.2 Number of new entrants or expansions in the food processing industry

8.3 Consumer awareness and perception surveys on rennet benefits and usage

8.4 Price stability index for rennet in the market

8.5 Adoption rate of rennet alternatives in the dairy industry

9 Nigeria Rennet Market - Opportunity Assessment

9.1 Nigeria Rennet Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Nigeria Rennet Market Opportunity Assessment, By Form, 2021 & 2031F

9.3 Nigeria Rennet Market Opportunity Assessment, By End-Users, 2021 & 2031F

9.4 Nigeria Rennet Market Opportunity Assessment, By Sales Channel, 2021 & 2031F

10 Nigeria Rennet Market - Competitive Landscape

10.1 Nigeria Rennet Market Revenue Share, By Companies, 2024

10.2 Nigeria Rennet Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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