Nigeria Feed Plant-based Protein Market (2025-2031) Outlook | Share, Analysis, Value, Trends, Industry, Revenue, Forecast, Growth, Size & Companies
Market Forecast By Source (Soy, Wheat, Pea, Sunflower), By Livestock (Pets, Swine, Ruminants, Poultry, Aquatic Animals), By Type (Concentrates, Isolates) And Competitive Landscape
| Product Code: ETC4595270 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Nigeria Feed Plant Based Protein Market Top 5 Importing Countries and Market Competition (HHI) Analysis
The market for plant-based protein imports in Nigeria saw a significant decline in 2024, with a CAGR of -24.73% over the 2020-2024 period. The top exporting countries to Nigeria included Belgium, Germany, South Africa, China, and Greece. Despite the low concentration with a low Herfindahl-Hirschman Index (HHI), the growth rate further decreased by -28.38% from 2023 to 2024. This indicates a challenging landscape for plant-based protein imports in Nigeria, possibly influenced by various factors such as changing consumer preferences, economic conditions, or supply chain disruptions.
Key Highlights of the Report:
- Nigeria Feed Plant-based Protein Market Outlook
- Market Size of Nigeria Feed Plant-based Protein Market, 2024
- Forecast of Nigeria Feed Plant-based Protein Market, 2031
- Historical Data and Forecast of Nigeria Feed Plant-based Protein Revenues & Volume for the Period 2021 - 2031
- Nigeria Feed Plant-based Protein Market Trend Evolution
- Nigeria Feed Plant-based Protein Market Drivers and Challenges
- Nigeria Feed Plant-based Protein Price Trends
- Nigeria Feed Plant-based Protein Porter's Five Forces
- Nigeria Feed Plant-based Protein Industry Life Cycle
- Historical Data and Forecast of Nigeria Feed Plant-based Protein Market Revenues & Volume By Source for the Period 2021 - 2031
- Historical Data and Forecast of Nigeria Feed Plant-based Protein Market Revenues & Volume By Soy for the Period 2021 - 2031
- Historical Data and Forecast of Nigeria Feed Plant-based Protein Market Revenues & Volume By Wheat for the Period 2021 - 2031
- Historical Data and Forecast of Nigeria Feed Plant-based Protein Market Revenues & Volume By Pea for the Period 2021 - 2031
- Historical Data and Forecast of Nigeria Feed Plant-based Protein Market Revenues & Volume By Sunflower for the Period 2021 - 2031
- Historical Data and Forecast of Nigeria Feed Plant-based Protein Market Revenues & Volume By Livestock for the Period 2021 - 2031
- Historical Data and Forecast of Nigeria Feed Plant-based Protein Market Revenues & Volume By Pets for the Period 2021 - 2031
- Historical Data and Forecast of Nigeria Feed Plant-based Protein Market Revenues & Volume By Swine for the Period 2021 - 2031
- Historical Data and Forecast of Nigeria Feed Plant-based Protein Market Revenues & Volume By Ruminants for the Period 2021 - 2031
- Historical Data and Forecast of Nigeria Feed Plant-based Protein Market Revenues & Volume By Poultry for the Period 2021 - 2031
- Historical Data and Forecast of Nigeria Feed Plant-based Protein Market Revenues & Volume By Aquatic Animals for the Period 2021 - 2031
- Historical Data and Forecast of Nigeria Feed Plant-based Protein Market Revenues & Volume By Type for the Period 2021 - 2031
- Historical Data and Forecast of Nigeria Feed Plant-based Protein Market Revenues & Volume By Concentrates for the Period 2021 - 2031
- Historical Data and Forecast of Nigeria Feed Plant-based Protein Market Revenues & Volume By Isolates for the Period 2021 - 2031
- Nigeria Feed Plant-based Protein Import Export Trade Statistics
- Market Opportunity Assessment By Source
- Market Opportunity Assessment By Livestock
- Market Opportunity Assessment By Type
- Nigeria Feed Plant-based Protein Top Companies Market Share
- Nigeria Feed Plant-based Protein Competitive Benchmarking By Technical and Operational Parameters
- Nigeria Feed Plant-based Protein Company Profiles
- Nigeria Feed Plant-based Protein Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Nigeria Feed Plant-based Protein Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Nigeria Feed Plant-based Protein Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Feed Plant-based Protein Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Feed Plant-based Protein Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Feed Plant-based Protein Market - Industry Life Cycle |
3.4 Nigeria Feed Plant-based Protein Market - Porter's Five Forces |
3.5 Nigeria Feed Plant-based Protein Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Nigeria Feed Plant-based Protein Market Revenues & Volume Share, By Livestock, 2021 & 2031F |
3.7 Nigeria Feed Plant-based Protein Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Nigeria Feed Plant-based Protein Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about health benefits of plant-based protein consumption |
4.2.2 Growing trend towards vegetarian and vegan diets in Nigeria |
4.2.3 Government initiatives promoting sustainable agriculture and food production |
4.3 Market Restraints |
4.3.1 Limited availability and high cost of plant-based protein sources in Nigeria |
4.3.2 Lack of consumer awareness and acceptance of plant-based proteins as compared to traditional protein sources |
5 Nigeria Feed Plant-based Protein Market Trends |
6 Nigeria Feed Plant-based Protein Market, By Types |
6.1 Nigeria Feed Plant-based Protein Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Feed Plant-based Protein Market Revenues & Volume, By Source, 2021 - 2031F |
6.1.3 Nigeria Feed Plant-based Protein Market Revenues & Volume, By Soy, 2021 - 2031F |
6.1.4 Nigeria Feed Plant-based Protein Market Revenues & Volume, By Wheat, 2021 - 2031F |
6.1.5 Nigeria Feed Plant-based Protein Market Revenues & Volume, By Pea, 2021 - 2031F |
6.1.6 Nigeria Feed Plant-based Protein Market Revenues & Volume, By Sunflower, 2021 - 2031F |
6.2 Nigeria Feed Plant-based Protein Market, By Livestock |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Feed Plant-based Protein Market Revenues & Volume, By Pets, 2021 - 2031F |
6.2.3 Nigeria Feed Plant-based Protein Market Revenues & Volume, By Swine, 2021 - 2031F |
6.2.4 Nigeria Feed Plant-based Protein Market Revenues & Volume, By Ruminants, 2021 - 2031F |
6.2.5 Nigeria Feed Plant-based Protein Market Revenues & Volume, By Poultry, 2021 - 2031F |
6.2.6 Nigeria Feed Plant-based Protein Market Revenues & Volume, By Aquatic Animals, 2021 - 2031F |
6.3 Nigeria Feed Plant-based Protein Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Feed Plant-based Protein Market Revenues & Volume, By Concentrates, 2021 - 2031F |
6.3.3 Nigeria Feed Plant-based Protein Market Revenues & Volume, By Isolates, 2021 - 2031F |
7 Nigeria Feed Plant-based Protein Market Import-Export Trade Statistics |
7.1 Nigeria Feed Plant-based Protein Market Export to Major Countries |
7.2 Nigeria Feed Plant-based Protein Market Imports from Major Countries |
8 Nigeria Feed Plant-based Protein Market Key Performance Indicators |
8.1 Adoption rate of plant-based protein products in the Nigerian market |
8.2 Number of new product launches in the plant-based protein segment |
8.3 Investment in research and development for improving plant-based protein sources |
9 Nigeria Feed Plant-based Protein Market - Opportunity Assessment |
9.1 Nigeria Feed Plant-based Protein Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Nigeria Feed Plant-based Protein Market Opportunity Assessment, By Livestock, 2021 & 2031F |
9.3 Nigeria Feed Plant-based Protein Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Nigeria Feed Plant-based Protein Market - Competitive Landscape |
10.1 Nigeria Feed Plant-based Protein Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Feed Plant-based Protein Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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