| Product Code: ETC222169 | Publication Date: Aug 2022 | Updated Date: Nov 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 market for IQF vegetables continues to thrive in 2024, with the top exporting countries being the USA, China, Belgium, Egypt, and the UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially leading to challenges in terms of competition and pricing. The impressive compound annual growth rate (CAGR) of 42.07% from 2020 to 2024 showcases a strong demand for IQF vegetables in Nigeria. Moreover, the substantial growth rate of 36.81% from 2023 to 2024 suggests sustained momentum in the market, highlighting opportunities for both domestic and international suppliers to capitalize on this burgeoning sector.

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 IQF Vegetables Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria IQF Vegetables Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria IQF Vegetables Market - Industry Life Cycle |
3.4 Nigeria IQF Vegetables Market - Porter's Five Forces |
3.5 Nigeria IQF Vegetables Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria IQF Vegetables Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria IQF Vegetables Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about health benefits of consuming IQF vegetables |
4.2.2 Growth in demand for convenience food products |
4.2.3 Rise in adoption of frozen food products in Nigeria |
4.3 Market Restraints |
4.3.1 Price fluctuations in raw materials |
4.3.2 Lack of proper cold chain infrastructure |
4.3.3 Seasonality affecting supply and pricing |
5 Nigeria IQF Vegetables Market Trends |
6 Nigeria IQF Vegetables Market, By Types |
6.1 Nigeria IQF Vegetables Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria IQF Vegetables Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Nigeria IQF Vegetables Market Revenues & Volume, By Beans, 2021 - 2031F |
6.1.4 Nigeria IQF Vegetables Market Revenues & Volume, By Peas, 2021 - 2031F |
6.1.5 Nigeria IQF Vegetables Market Revenues & Volume, By Corn and BaCorn, 2021 - 2031F |
6.1.6 Nigeria IQF Vegetables Market Revenues & Volume, By Broccoli and Cauliflower, 2021 - 2031F |
6.1.7 Nigeria IQF Vegetables Market Revenues & Volume, By Potato, 2021 - 2031F |
6.1.8 Nigeria IQF Vegetables Market Revenues & Volume, By Onion, 2021 - 2031F |
6.1.9 Nigeria IQF Vegetables Market Revenues & Volume, By Carrot, 2021 - 2031F |
6.1.10 Nigeria IQF Vegetables Market Revenues & Volume, By Carrot, 2021 - 2031F |
6.2 Nigeria IQF Vegetables Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria IQF Vegetables Market Revenues & Volume, By Food, 2021 - 2031F |
6.2.3 Nigeria IQF Vegetables Market Revenues & Volume, By Beverage, 2021 - 2031F |
6.2.4 Nigeria IQF Vegetables Market Revenues & Volume, By Concentrate, 2021 - 2031F |
7 Nigeria IQF Vegetables Market Import-Export Trade Statistics |
7.1 Nigeria IQF Vegetables Market Export to Major Countries |
7.2 Nigeria IQF Vegetables Market Imports from Major Countries |
8 Nigeria IQF Vegetables Market Key Performance Indicators |
8.1 Percentage increase in the number of retail outlets stocking IQF vegetables |
8.2 Growth in the number of food processing companies using IQF vegetables in their products |
8.3 Expansion of distribution network for IQF vegetables in Nigeria |
9 Nigeria IQF Vegetables Market - Opportunity Assessment |
9.1 Nigeria IQF Vegetables Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria IQF Vegetables Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria IQF Vegetables Market - Competitive Landscape |
10.1 Nigeria IQF Vegetables Market Revenue Share, By Companies, 2024 |
10.2 Nigeria IQF Vegetables Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |