Product Code: ETC220309 | 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 |
Nigeria compound feed market supplies formulated feed products for livestock, poultry, and aquaculture operations, supporting animal nutrition and productivity. With the expansion of commercial farming and livestock production, there is a rising demand for high-quality compound feeds containing balanced nutrients, vitamins, and minerals to optimize animal health and performance.
The Nigeria Compound Feed Market is driven by the growing demand for animal protein and the increasing livestock population. The focus on enhancing animal health and productivity through nutritious feed formulations fuels market growth. Additionally, advancements in feed manufacturing technologies and the rising awareness among farmers about the benefits of compound feed further stimulate the market.
The compound feed market is limited by high production costs, low adoption among farmers, and regulatory challenges. Additionally, there is a lack of technical expertise and infrastructure to support the production and distribution of compound feed.
Livestock farming regulations, feed formulation guidelines, and nutritional standards impact the compound feed market.
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 Compound Feed Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Compound Feed Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Compound Feed Market - Industry Life Cycle |
3.4 Nigeria Compound Feed Market - Porter's Five Forces |
3.5 Nigeria Compound Feed Market Revenues & Volume Share, By Ingredients, 2021 & 2031F |
3.6 Nigeria Compound Feed Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Nigeria Compound Feed Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Nigeria Compound Feed Market Revenues & Volume Share, By Livestock, 2021 & 2031F |
4 Nigeria Compound Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for livestock products in Nigeria |
4.2.2 Growth in the livestock industry and commercial farming |
4.2.3 Technological advancements in feed production |
4.2.4 Government support and initiatives for the agricultural sector |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Lack of infrastructure and storage facilities |
4.3.3 Regulatory challenges and compliance issues |
4.3.4 Competition from imported feed products |
5 Nigeria Compound Feed Market Trends |
6 Nigeria Compound Feed Market, By Types |
6.1 Nigeria Compound Feed Market, By Ingredients |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Compound Feed Market Revenues & Volume, By Ingredients, 2021-2031F |
6.1.3 Nigeria Compound Feed Market Revenues & Volume, By Cereals, 2021-2031F |
6.1.4 Nigeria Compound Feed Market Revenues & Volume, By Cakes & Meals, 2021-2031F |
6.2 Nigeria Compound Feed Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Compound Feed Market Revenues & Volume, By Plant-based, 2021-2031F |
6.2.3 Nigeria Compound Feed Market Revenues & Volume, By Animal-based, 2021-2031F |
6.3 Nigeria Compound Feed Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Compound Feed Market Revenues & Volume, By Mash, 2021-2031F |
6.3.3 Nigeria Compound Feed Market Revenues & Volume, By Pellet, 2021-2031F |
6.3.4 Nigeria Compound Feed Market Revenues & Volume, By Crumble, 2021-2031F |
6.3.5 Nigeria Compound Feed Market Revenues & Volume, By Other Forms, 2021-2031F |
6.4 Nigeria Compound Feed Market, By Livestock |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Compound Feed Market Revenues & Volume, By Poultry, 2021-2031F |
6.4.3 Nigeria Compound Feed Market Revenues & Volume, By Ruminants, 2021-2031F |
6.4.4 Nigeria Compound Feed Market Revenues & Volume, By Swine, 2021-2031F |
6.4.5 Nigeria Compound Feed Market Revenues & Volume, By Aquaculture, 2021-2031F |
6.4.6 Nigeria Compound Feed Market Revenues & Volume, By Other Livestock, 2021-2031F |
7 Nigeria Compound Feed Market Import-Export Trade Statistics |
7.1 Nigeria Compound Feed Market Export to Major Countries |
7.2 Nigeria Compound Feed Market Imports from Major Countries |
8 Nigeria Compound Feed Market Key Performance Indicators |
8.1 Average selling price of compound feed products |
8.2 Adoption rate of technology in feed production |
8.3 Percentage of livestock farmers using compound feed |
8.4 Investment in research and development for feed formulations |
8.5 Percentage of self-sufficiency in feed production for the livestock industry |
9 Nigeria Compound Feed Market - Opportunity Assessment |
9.1 Nigeria Compound Feed Market Opportunity Assessment, By Ingredients, 2021 & 2031F |
9.2 Nigeria Compound Feed Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Nigeria Compound Feed Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Nigeria Compound Feed Market Opportunity Assessment, By Livestock, 2021 & 2031F |
10 Nigeria Compound Feed Market - Competitive Landscape |
10.1 Nigeria Compound Feed Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Compound Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |