| Product Code: ETC11614365 | 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 |
Despite a decline in both the CAGR and growth rate of Nigeria`s cod fish oil imports from 2020 to 2024, the market saw a significant increase in concentration levels in 2024. The top exporting countries to Nigeria included the UK, Latvia, Germany, Norway, and Belgium. This high concentration indicates a strong competitive landscape dominated by a few key players. The drastic drop in growth rate from 2023 to 2024 suggests a challenging environment for the industry, potentially impacted by various factors such as market saturation or changing consumer preferences.

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 Cod Fish Oil Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Cod Fish Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Cod Fish Oil Market - Industry Life Cycle |
3.4 Nigeria Cod Fish Oil Market - Porter's Five Forces |
3.5 Nigeria Cod Fish Oil Market Revenues & Volume Share, By Capsule, 2021 & 2031F |
3.6 Nigeria Cod Fish Oil Market Revenues & Volume Share, By Atlantic cod, 2021 & 2031F |
3.7 Nigeria Cod Fish Oil Market Revenues & Volume Share, By Pharmaceutical, 2021 & 2031F |
4 Nigeria Cod Fish Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of cod fish oil |
4.2.2 Growth in the healthcare and pharmaceutical industries in Nigeria |
4.2.3 Rising disposable income leading to higher spending on health supplements |
4.3 Market Restraints |
4.3.1 Fluctuating prices of cod fish oil impacting affordability |
4.3.2 Competition from alternative sources of omega-3 fatty acids |
4.3.3 Regulatory challenges related to quality control and import regulations |
5 Nigeria Cod Fish Oil Market Trends |
6 Nigeria Cod Fish Oil Market, By Types |
6.1 Nigeria Cod Fish Oil Market, By Capsule |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Cod Fish Oil Market Revenues & Volume, By Capsule, 2021 - 2031F |
6.1.3 Nigeria Cod Fish Oil Market Revenues & Volume, By Liquid, 2021 - 2031F |
6.1.4 Nigeria Cod Fish Oil Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Nigeria Cod Fish Oil Market, By Atlantic cod |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Cod Fish Oil Market Revenues & Volume, By Arctic cod, 2021 - 2031F |
6.2.3 Nigeria Cod Fish Oil Market Revenues & Volume, By Pacific cod, 2021 - 2031F |
6.2.4 Nigeria Cod Fish Oil Market Revenues & Volume, By Greenland cod, 2021 - 2031F |
6.3 Nigeria Cod Fish Oil Market, By Pharmaceutical |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Cod Fish Oil Market Revenues & Volume, By Nutraceuticals, 2021 - 2031F |
6.3.3 Nigeria Cod Fish Oil Market Revenues & Volume, By Personal care and cosmetic, 2021 - 2031F |
6.3.4 Nigeria Cod Fish Oil Market Revenues & Volume, By Dietary supplements, 2021 - 2031F |
7 Nigeria Cod Fish Oil Market Import-Export Trade Statistics |
7.1 Nigeria Cod Fish Oil Market Export to Major Countries |
7.2 Nigeria Cod Fish Oil Market Imports from Major Countries |
8 Nigeria Cod Fish Oil Market Key Performance Indicators |
8.1 Consumer awareness levels about cod fish oil benefits |
8.2 Number of healthcare facilities prescribing cod fish oil supplements |
8.3 Growth in the number of retail outlets stocking cod fish oil products |
9 Nigeria Cod Fish Oil Market - Opportunity Assessment |
9.1 Nigeria Cod Fish Oil Market Opportunity Assessment, By Capsule, 2021 & 2031F |
9.2 Nigeria Cod Fish Oil Market Opportunity Assessment, By Atlantic cod, 2021 & 2031F |
9.3 Nigeria Cod Fish Oil Market Opportunity Assessment, By Pharmaceutical, 2021 & 2031F |
10 Nigeria Cod Fish Oil Market - Competitive Landscape |
10.1 Nigeria Cod Fish Oil Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Cod Fish Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |