| Product Code: ETC11224221 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import shipments of baby food infant formula ingredients to Nigeria in 2024 continued to be dominated by key exporting countries such as New Zealand, Germany, Uruguay, Netherlands, and Ireland. Despite a high concentration level in 2023, the Herfindahl-Hirschman Index (HHI) indicated a slight decrease in concentration in 2024. The industry saw a significant decline in Compound Annual Growth Rate (CAGR) from 2020 to 2024 at -24.4%, yet there was a positive growth rate of 6.75% from 2023 to 2024, signaling potential opportunities for growth and market expansion in the coming years.

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 Baby Food Infant Formula Ingredients Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Baby Food Infant Formula Ingredients Market - Industry Life Cycle |
3.4 Nigeria Baby Food Infant Formula Ingredients Market - Porter's Five Forces |
3.5 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Nigeria Baby Food Infant Formula Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing population growth and rising birth rates in Nigeria leading to higher demand for baby food and infant formula ingredients. |
4.2.2 Growing awareness about the importance of proper nutrition for infants and babies driving the consumption of specialized ingredients. |
4.2.3 Rising disposable income levels among Nigerian consumers enabling them to spend more on premium baby food products. |
4.3 Market Restraints |
4.3.1 Stringent regulations and standards in the baby food industry in Nigeria leading to compliance challenges for ingredient manufacturers. |
4.3.2 Fluctuating prices of key ingredients such as milk powder and vitamins impacting the overall cost of manufacturing baby food and infant formula products. |
5 Nigeria Baby Food Infant Formula Ingredients Market Trends |
6 Nigeria Baby Food Infant Formula Ingredients Market, By Types |
6.1 Nigeria Baby Food Infant Formula Ingredients Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume, By Carbohydrates, 2021 - 2031F |
6.1.4 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume, By Proteins, 2021 - 2031F |
6.1.5 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume, By Fats and Oils, 2021 - 2031F |
6.1.6 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume, By Vitamins and Minerals, 2021 - 2031F |
6.1.7 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume, By Prebiotics, 2021 - 2031F |
6.2 Nigeria Baby Food Infant Formula Ingredients Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume, By Energy Source, 2021 - 2031F |
6.2.3 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume, By Growth and Development, 2021 - 2031F |
6.2.4 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume, By Brain and Visual Development, 2021 - 2031F |
6.2.5 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume, By Nutritional Enrichment, 2021 - 2031F |
6.2.6 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume, By Digestive Health, 2021 - 2031F |
6.3 Nigeria Baby Food Infant Formula Ingredients Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume, By Infant Formula, 2021 - 2031F |
6.3.3 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.3.4 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume, By Pediatric Clinics, 2021 - 2031F |
6.3.5 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume, By Home Healthcare, 2021 - 2031F |
6.3.6 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume, By Infant Care Centers, 2021 - 2031F |
6.4 Nigeria Baby Food Infant Formula Ingredients Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume, By Retail Pharmacies, 2021 - 2031F |
6.4.3 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume, By Online Sales, 2021 - 2031F |
6.4.4 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.4.5 Nigeria Baby Food Infant Formula Ingredients Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
7 Nigeria Baby Food Infant Formula Ingredients Market Import-Export Trade Statistics |
7.1 Nigeria Baby Food Infant Formula Ingredients Market Export to Major Countries |
7.2 Nigeria Baby Food Infant Formula Ingredients Market Imports from Major Countries |
8 Nigeria Baby Food Infant Formula Ingredients Market Key Performance Indicators |
8.1 Number of new product launches in the baby food and infant formula ingredients segment in Nigeria. |
8.2 Percentage increase in online searches for baby food and infant formula ingredients in Nigeria. |
8.3 Growth in the number of partnerships between local ingredient manufacturers and international players in the baby food industry in Nigeria. |
9 Nigeria Baby Food Infant Formula Ingredients Market - Opportunity Assessment |
9.1 Nigeria Baby Food Infant Formula Ingredients Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Nigeria Baby Food Infant Formula Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Nigeria Baby Food Infant Formula Ingredients Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Nigeria Baby Food Infant Formula Ingredients Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Nigeria Baby Food Infant Formula Ingredients Market - Competitive Landscape |
10.1 Nigeria Baby Food Infant Formula Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Baby Food Infant Formula Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |