Product Code: ETC220189 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Nigeria Cod Liver Oil Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 5.85% in 2025, the market peaks at 7.26% in 2027, and settles at 5.28% by 2029.
Cod liver oil is valued for its nutritional benefits, particularly its high content of omega-3 fatty acids and vitamins A and D. In Nigeria, the cod liver oil market is witnessing growth due to rising health consciousness and the recognition of its potential in supporting immune health and overall well-being.
The Nigeria Cod Liver Oil Market is influenced by the growing awareness of the health benefits of cod liver oil, including its high content of omega-3 fatty acids and vitamins A and D. The increasing focus on preventive healthcare and dietary supplements drives market demand.
The cod liver oil market in Nigeria faces challenges such as ensuring sustainable sourcing practices, maintaining product quality and purity, and addressing consumer concerns about fish stock depletion and environmental impact. Additionally, competition from alternative omega-3 supplements and fluctuating fish oil prices pose challenges for market players.
Health supplement regulations, quality standards, and nutritional labeling influence the cod liver oil market, ensuring product safety and efficacy.
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 Liver Oil Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Cod Liver Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Cod Liver Oil Market - Industry Life Cycle |
3.4 Nigeria Cod Liver Oil Market - Porter's Five Forces |
3.5 Nigeria Cod Liver Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Cod Liver Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Nigeria Cod Liver Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Cod Liver Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of cod liver oil in Nigeria |
4.2.2 Growing demand for natural health supplements and remedies |
4.2.3 Rising prevalence of lifestyle diseases driving the need for preventive healthcare products |
4.3 Market Restraints |
4.3.1 Price volatility of cod liver oil impacting consumer affordability |
4.3.2 Lack of regulatory framework and quality control measures in the cod liver oil market in Nigeria |
4.3.3 Limited distribution channels hindering market penetration |
5 Nigeria Cod Liver Oil Market Trends |
6 Nigeria Cod Liver Oil Market, By Types |
6.1 Nigeria Cod Liver Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Cod Liver Oil Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Nigeria Cod Liver Oil Market Revenues & Volume, By Liquid, 2021-2031F |
6.1.4 Nigeria Cod Liver Oil Market Revenues & Volume, By Capsules, 2021-2031F |
6.1.5 Nigeria Cod Liver Oil Market Revenues & Volume, By Tablets, 2021-2031F |
6.1.6 Nigeria Cod Liver Oil Market Revenues & Volume, By Soft Gels, 2021-2031F |
6.1.7 Nigeria Cod Liver Oil Market Revenues & Volume, By Powder, 2021-2031F |
6.2 Nigeria Cod Liver Oil Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Cod Liver Oil Market Revenues & Volume, By Supermarkets & Hypermarkets, 2021-2031F |
6.2.3 Nigeria Cod Liver Oil Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.4 Nigeria Cod Liver Oil Market Revenues & Volume, By Pharmacy, 2021-2031F |
6.2.5 Nigeria Cod Liver Oil Market Revenues & Volume, By Online Store, 2021-2031F |
6.3 Nigeria Cod Liver Oil Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Cod Liver Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.3 Nigeria Cod Liver Oil Market Revenues & Volume, By Nutraceutical, 2021-2031F |
6.3.4 Nigeria Cod Liver Oil Market Revenues & Volume, By Food & Beverage, 2021-2031F |
7 Nigeria Cod Liver Oil Market Import-Export Trade Statistics |
7.1 Nigeria Cod Liver Oil Market Export to Major Countries |
7.2 Nigeria Cod Liver Oil Market Imports from Major Countries |
8 Nigeria Cod Liver Oil Market Key Performance Indicators |
8.1 Consumer adoption rate of cod liver oil in Nigeria |
8.2 Number of health and wellness stores stocking cod liver oil products |
8.3 Percentage of the population aware of the benefits of cod liver oil |
9 Nigeria Cod Liver Oil Market - Opportunity Assessment |
9.1 Nigeria Cod Liver Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Cod Liver Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Nigeria Cod Liver Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Cod Liver Oil Market - Competitive Landscape |
10.1 Nigeria Cod Liver Oil Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Cod Liver Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |