| Product Code: ETC8625014 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Nigeria flavored candy market continued to show strong growth in 2024, with top import sources being China, India, Indonesia, Netherlands, and Belgium. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 3.96% from 2020 to 2024 demonstrates sustained expansion. Notably, the growth rate spiked to 18.86% in 2024, reflecting increasing demand for diverse and innovative candy flavors in Nigeria. Importers and manufacturers should closely monitor these trends to capitalize on the lucrative opportunities in the Nigerian flavored candy 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 Flavored Candy Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Flavored Candy Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Flavored Candy Market - Industry Life Cycle |
3.4 Nigeria Flavored Candy Market - Porter's Five Forces |
3.5 Nigeria Flavored Candy Market Revenues & Volume Share, By Flavor, 2021 & 2031F |
3.6 Nigeria Flavored Candy Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Nigeria Flavored Candy Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Nigeria Flavored Candy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Flavored Candy Market Trends |
6 Nigeria Flavored Candy Market, By Types |
6.1 Nigeria Flavored Candy Market, By Flavor |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Flavored Candy Market Revenues & Volume, By Flavor, 2021- 2031F |
6.1.3 Nigeria Flavored Candy Market Revenues & Volume, By Fruit Flavored, 2021- 2031F |
6.1.4 Nigeria Flavored Candy Market Revenues & Volume, By Chocolate, 2021- 2031F |
6.1.5 Nigeria Flavored Candy Market Revenues & Volume, By Caramel, 2021- 2031F |
6.1.6 Nigeria Flavored Candy Market Revenues & Volume, By Butterscotch, 2021- 2031F |
6.1.7 Nigeria Flavored Candy Market Revenues & Volume, By Sour, 2021- 2031F |
6.1.8 Nigeria Flavored Candy Market Revenues & Volume, By Peanut Butter, 2021- 2031F |
6.2 Nigeria Flavored Candy Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Flavored Candy Market Revenues & Volume, By Hard Boiled Candies, 2021- 2031F |
6.2.3 Nigeria Flavored Candy Market Revenues & Volume, By Pastilles, 2021- 2031F |
6.2.4 Nigeria Flavored Candy Market Revenues & Volume, By Gums, 2021- 2031F |
6.2.5 Nigeria Flavored Candy Market Revenues & Volume, By Jellies and Chews, 2021- 2031F |
6.2.6 Nigeria Flavored Candy Market Revenues & Volume, By Toffees, 2021- 2031F |
6.2.7 Nigeria Flavored Candy Market Revenues & Volume, By Mints, 2021- 2031F |
6.3 Nigeria Flavored Candy Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Flavored Candy Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021- 2031F |
6.3.3 Nigeria Flavored Candy Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.3.4 Nigeria Flavored Candy Market Revenues & Volume, By Specialist Retailers, 2021- 2031F |
6.3.5 Nigeria Flavored Candy Market Revenues & Volume, By Online Retail, 2021- 2031F |
6.3.6 Nigeria Flavored Candy Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Flavored Candy Market Import-Export Trade Statistics |
7.1 Nigeria Flavored Candy Market Export to Major Countries |
7.2 Nigeria Flavored Candy Market Imports from Major Countries |
8 Nigeria Flavored Candy Market Key Performance Indicators |
9 Nigeria Flavored Candy Market - Opportunity Assessment |
9.1 Nigeria Flavored Candy Market Opportunity Assessment, By Flavor, 2021 & 2031F |
9.2 Nigeria Flavored Candy Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Nigeria Flavored Candy Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Nigeria Flavored Candy Market - Competitive Landscape |
10.1 Nigeria Flavored Candy Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Flavored Candy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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