| Product Code: ETC8626695 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Nigeria continued to see a high level of concentration in its high fructose corn syrup import shipments, with top exporters being Turkey, China, India, UK, and Ghana. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a significant growth rate of 23.33% from 2023 to 2024. This suggests potential shifts in market dynamics and demand trends within the industry, highlighting the importance of monitoring these developments for stakeholders involved in the high fructose corn syrup market in Nigeria.

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 High Fructose Corn Syrup Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria High Fructose Corn Syrup Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria High Fructose Corn Syrup Market - Industry Life Cycle |
3.4 Nigeria High Fructose Corn Syrup Market - Porter's Five Forces |
3.5 Nigeria High Fructose Corn Syrup Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria High Fructose Corn Syrup Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria High Fructose Corn Syrup Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of high fructose corn syrup as a sugar substitute due to its cost-effectiveness. |
4.2.2 Growth of the food and beverage industry in Nigeria driving demand for high fructose corn syrup as a key ingredient. |
4.2.3 Rising consumer awareness about health concerns related to traditional sugar, leading to a shift towards alternative sweeteners like high fructose corn syrup. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of corn, which can impact the production cost of high fructose corn syrup. |
4.3.2 Concerns regarding the health impacts of high fructose corn syrup, leading to regulatory scrutiny and consumer skepticism. |
4.3.3 Competition from other alternative sweeteners in the market, such as stevia and artificial sweeteners. |
5 Nigeria High Fructose Corn Syrup Market Trends |
6 Nigeria High Fructose Corn Syrup Market, By Types |
6.1 Nigeria High Fructose Corn Syrup Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria High Fructose Corn Syrup Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria High Fructose Corn Syrup Market Revenues & Volume, By HFCS 42, 2021- 2031F |
6.1.4 Nigeria High Fructose Corn Syrup Market Revenues & Volume, By HFCS 55, 2021- 2031F |
6.1.5 Nigeria High Fructose Corn Syrup Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Nigeria High Fructose Corn Syrup Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria High Fructose Corn Syrup Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.2.3 Nigeria High Fructose Corn Syrup Market Revenues & Volume, By Pharmaceutical, 2021- 2031F |
6.2.4 Nigeria High Fructose Corn Syrup Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria High Fructose Corn Syrup Market Import-Export Trade Statistics |
7.1 Nigeria High Fructose Corn Syrup Market Export to Major Countries |
7.2 Nigeria High Fructose Corn Syrup Market Imports from Major Countries |
8 Nigeria High Fructose Corn Syrup Market Key Performance Indicators |
8.1 Consumer acceptance and preference for products containing high fructose corn syrup. |
8.2 Growth in the number of food and beverage companies using high fructose corn syrup in their products. |
8.3 Adoption rate of high fructose corn syrup by food processing units in Nigeria. |
8.4 Changes in regulations impacting the production and use of high fructose corn syrup in the market. |
8.5 Investments and expansions by high fructose corn syrup manufacturers in Nigeria. |
9 Nigeria High Fructose Corn Syrup Market - Opportunity Assessment |
9.1 Nigeria High Fructose Corn Syrup Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria High Fructose Corn Syrup Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria High Fructose Corn Syrup Market - Competitive Landscape |
10.1 Nigeria High Fructose Corn Syrup Market Revenue Share, By Companies, 2024 |
10.2 Nigeria High Fructose Corn Syrup Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |