| Product Code: ETC8618392 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Nigeria aquafeed enzymes import market saw a shift in supplier concentration from high to low in 2024, with top exporters being Germany, Denmark, Metropolitan France, China, and Belgium. Despite a challenging CAGR of -22.41% from 2020 to 2024, the market showed signs of stabilization with a growth rate of -20.38% in 2024. This suggests potential opportunities for market players to adapt and capitalize on the evolving dynamics of the aquafeed enzymes 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 Aquafeed Enzymes Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Aquafeed Enzymes Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Aquafeed Enzymes Market - Industry Life Cycle |
3.4 Nigeria Aquafeed Enzymes Market - Porter's Five Forces |
3.5 Nigeria Aquafeed Enzymes Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Aquafeed Enzymes Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.7 Nigeria Aquafeed Enzymes Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Nigeria Aquafeed Enzymes Market Revenues & Volume Share, By Source, 2021 & 2031F |
4 Nigeria Aquafeed Enzymes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for aquafeed enzymes due to growth in the aquaculture industry in Nigeria |
4.2.2 Government initiatives to promote sustainable aquaculture practices |
4.2.3 Technological advancements in aquafeed enzymes leading to improved feed efficiency and fish health |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in aquafeed enzymes production |
4.3.2 Lack of awareness among aquaculture farmers regarding the benefits of using enzymes in aquafeed |
4.3.3 Stringent regulatory requirements for aquafeed enzymes in Nigeria |
5 Nigeria Aquafeed Enzymes Market Trends |
6 Nigeria Aquafeed Enzymes Market, By Types |
6.1 Nigeria Aquafeed Enzymes Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Aquafeed Enzymes Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Aquafeed Enzymes Market Revenues & Volume, By Phytase, 2021- 2031F |
6.1.4 Nigeria Aquafeed Enzymes Market Revenues & Volume, By Protease, 2021- 2031F |
6.1.5 Nigeria Aquafeed Enzymes Market Revenues & Volume, By Carbohydrase, 2021- 2031F |
6.1.6 Nigeria Aquafeed Enzymes Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Nigeria Aquafeed Enzymes Market, By Species |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Aquafeed Enzymes Market Revenues & Volume, By Fish, 2021- 2031F |
6.2.3 Nigeria Aquafeed Enzymes Market Revenues & Volume, By Crustaceans, 2021- 2031F |
6.2.4 Nigeria Aquafeed Enzymes Market Revenues & Volume, By Mollusks, 2021- 2031F |
6.3 Nigeria Aquafeed Enzymes Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Aquafeed Enzymes Market Revenues & Volume, By Liquid, 2021- 2031F |
6.3.3 Nigeria Aquafeed Enzymes Market Revenues & Volume, By Dry, 2021- 2031F |
6.4 Nigeria Aquafeed Enzymes Market, By Source |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Aquafeed Enzymes Market Revenues & Volume, By Microorganism, 2021- 2031F |
6.4.3 Nigeria Aquafeed Enzymes Market Revenues & Volume, By Plant, 2021- 2031F |
6.4.4 Nigeria Aquafeed Enzymes Market Revenues & Volume, By Animal, 2021- 2031F |
7 Nigeria Aquafeed Enzymes Market Import-Export Trade Statistics |
7.1 Nigeria Aquafeed Enzymes Market Export to Major Countries |
7.2 Nigeria Aquafeed Enzymes Market Imports from Major Countries |
8 Nigeria Aquafeed Enzymes Market Key Performance Indicators |
8.1 Feed conversion ratio (FCR) improvement in aquaculture farms using enzymes |
8.2 Reduction in mortality rates of fish in farms using aquafeed enzymes |
8.3 Adoption rate of aquafeed enzymes among aquaculture farmers in Nigeria |
9 Nigeria Aquafeed Enzymes Market - Opportunity Assessment |
9.1 Nigeria Aquafeed Enzymes Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Aquafeed Enzymes Market Opportunity Assessment, By Species, 2021 & 2031F |
9.3 Nigeria Aquafeed Enzymes Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Nigeria Aquafeed Enzymes Market Opportunity Assessment, By Source, 2021 & 2031F |
10 Nigeria Aquafeed Enzymes Market - Competitive Landscape |
10.1 Nigeria Aquafeed Enzymes Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Aquafeed Enzymes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |