| Product Code: ETC8617707 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The agave syrup import market in Nigeria continues to be dominated by key players such as Turkey, China, India, UK, and Ghana. Despite a negative CAGR of -10.29% from 2020 to 2024, the industry showed a promising growth rate of 23.33% from 2023 to 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting that these top exporting countries hold significant market share. This data highlights the competitive landscape and potential opportunities for stakeholders in the agave syrup import sector in Nigeria.

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 Agave Syrup Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Agave Syrup Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Agave Syrup Market - Industry Life Cycle |
3.4 Nigeria Agave Syrup Market - Porter's Five Forces |
3.5 Nigeria Agave Syrup Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Agave Syrup Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.7 Nigeria Agave Syrup Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Nigeria Agave Syrup Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health benefits of agave syrup |
4.2.2 Growing trend towards natural and organic sweeteners |
4.2.3 Rising demand for low glycemic index sweeteners in Nigeria |
4.3 Market Restraints |
4.3.1 Limited availability of agave plants and production capacity |
4.3.2 High import costs and tariffs on agave syrup |
4.3.3 Competition from alternative sweeteners such as honey and stevia |
5 Nigeria Agave Syrup Market Trends |
6 Nigeria Agave Syrup Market, By Types |
6.1 Nigeria Agave Syrup Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Agave Syrup Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Agave Syrup Market Revenues & Volume, By Light Agave Syrup, 2021- 2031F |
6.1.4 Nigeria Agave Syrup Market Revenues & Volume, By Dark Agave Syrup, 2021- 2031F |
6.2 Nigeria Agave Syrup Market, By Category |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Agave Syrup Market Revenues & Volume, By Organic, 2021- 2031F |
6.2.3 Nigeria Agave Syrup Market Revenues & Volume, By Conventional, 2021- 2031F |
6.3 Nigeria Agave Syrup Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Agave Syrup Market Revenues & Volume, By Hypermarkets/Supermarkets, 2021- 2031F |
6.3.3 Nigeria Agave Syrup Market Revenues & Volume, By Convenience/Grocery Stores, 2021- 2031F |
6.3.4 Nigeria Agave Syrup Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.3.5 Nigeria Agave Syrup Market Revenues & Volume, By Online Retail Stores, 2021- 2031F |
6.3.6 Nigeria Agave Syrup Market Revenues & Volume, By Other Distribution Channels, 2021- 2031F |
7 Nigeria Agave Syrup Market Import-Export Trade Statistics |
7.1 Nigeria Agave Syrup Market Export to Major Countries |
7.2 Nigeria Agave Syrup Market Imports from Major Countries |
8 Nigeria Agave Syrup Market Key Performance Indicators |
8.1 Number of new product launches containing agave syrup |
8.2 Consumer awareness levels about agave syrup as a healthier alternative |
8.3 Growth in the number of agave syrup manufacturers in Nigeria |
9 Nigeria Agave Syrup Market - Opportunity Assessment |
9.1 Nigeria Agave Syrup Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Agave Syrup Market Opportunity Assessment, By Category, 2021 & 2031F |
9.3 Nigeria Agave Syrup Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Nigeria Agave Syrup Market - Competitive Landscape |
10.1 Nigeria Agave Syrup Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Agave Syrup Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |