Product Code: ETC015789 | Publication Date: Oct 2020 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Nigeria meat and poultry market is a significant industry driven by a growing population, increasing urbanization, and changing dietary preferences. Beef, poultry, and goat meat are the most consumed meats in the country, with poultry dominating due to its affordability and versatility. Local production meets a substantial portion of the demand, but imports also play a role in meeting consumer needs. The market faces challenges such as inadequate infrastructure, inconsistent supply chain logistics, and disease outbreaks affecting livestock. However, initiatives to improve production efficiency, food safety standards, and market access are being implemented to support the industry`s growth potential. Overall, the Nigeria meat and poultry market presents opportunities for both local producers and international players looking to invest in this evolving sector.
Currently, the Nigeria Meat & Poultry Market is experiencing growth driven by increasing consumer demand for protein-rich foods, urbanization, and a growing population. There is a rising preference for processed and packaged meat products due to convenience and changing lifestyle patterns. Health consciousness among consumers is also driving the demand for organic and antibiotic-free meat products. Additionally, the rise of e-commerce platforms and online delivery services has made it easier for consumers to access a wide variety of meat and poultry products. However, challenges such as inadequate infrastructure, inconsistent supply chain, and price fluctuations due to factors like currency exchange rates and government policies continue to impact the market. Overall, the market is poised for further growth with opportunities for innovation and expansion in product offerings.
In the Nigeria Meat & Poultry Market, several challenges are faced including inadequate infrastructure for transportation and storage, inconsistent supply chain processes leading to spoilage of products, high production costs due to factors like feed prices and energy costs, inadequate government regulations and enforcement leading to issues like smuggling and unregulated imports, and lack of access to affordable financing for small and medium-scale producers. Additionally, issues such as disease outbreaks, market price fluctuations, and competition from imported products further complicate the market landscape. Addressing these challenges will require improvements in infrastructure, regulatory oversight, and support for local producers to enhance competitiveness and sustainability in the Nigeria Meat & Poultry Market.
Investment opportunities in the Nigeria Meat & Poultry Market include expanding poultry production facilities to meet the growing demand for chicken and eggs in the country. Investing in modern processing technologies and equipment can improve efficiency and product quality, catering to the increasing consumer preference for hygienic and convenient meat products. Additionally, there is potential for investment in cold chain infrastructure to ensure proper storage and distribution of meat and poultry products, reducing food spoilage and waste. Furthermore, opportunities exist in developing value-added products such as processed meats and ready-to-eat meals to tap into the evolving consumer preferences and urban lifestyles in Nigeria. Overall, strategic investments in production, processing, distribution, and product innovation can help capitalize on the opportunities presented by the expanding Nigeria Meat & Poultry Market.
The Nigeria Meat & Poultry Market is heavily influenced by government policies aimed at regulating the industry and ensuring food safety. The government has implemented measures such as the Livestock Identification and Traceability System to enhance transparency and quality control in the supply chain. Additionally, strict import restrictions and tariffs are in place to protect local producers and promote self-sufficiency. The National Agency for Food and Drug Administration and Control (NAFDAC) regulates the quality and safety of meat products, including enforcing standards for processing, packaging, and labeling. Overall, government policies in Nigeria`s Meat & Poultry Market focus on ensuring consumer health and supporting domestic production while also addressing challenges such as smuggling and disease control.
The Nigeria Meat & Poultry Market is expected to experience steady growth in the coming years due to increasing population, rising urbanization, and changing consumer preferences towards protein-rich diets. Additionally, the expanding middle-class population with higher disposable incomes is likely to drive demand for quality meat and poultry products. However, challenges such as infrastructure limitations, supply chain inefficiencies, and ongoing concerns related to disease outbreaks and food safety regulations may hinder the market growth to some extent. Overall, advancements in technology, improved farming practices, and investments in the sector are anticipated to contribute to the development and modernization of the Nigeria Meat & Poultry Market, presenting opportunities for both domestic producers and international investors looking to capitalize on the growing market potential.
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 Meat & Poultry Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Meat & Poultry Market Revenues & Volume, 2019 & 2026F |
3.3 Nigeria Meat & Poultry Market - Industry Life Cycle |
3.4 Nigeria Meat & Poultry Market - Porter's Five Forces |
3.5 Nigeria Meat & Poultry Market Revenues & Volume Share, By Poultry Type, 2019 & 2026F |
3.6 Nigeria Meat & Poultry Market Revenues & Volume Share, By Meat Type, 2019 & 2026F |
3.7 Nigeria Meat & Poultry Market Revenues & Volume Share, By End-Users, 2019 & 2026F |
4 Nigeria Meat & Poultry Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Meat & Poultry Market Trends |
6 Nigeria Meat & Poultry Market, By Types |
6.1 Nigeria Meat & Poultry Market, By Poultry Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Meat & Poultry Market Revenues & Volume, By Poultry Type, 2016 - 2026F |
6.1.3 Nigeria Meat & Poultry Market Revenues & Volume, By Chicken, 2016 - 2026F |
6.1.4 Nigeria Meat & Poultry Market Revenues & Volume, By Turkey, 2016 - 2026F |
6.1.5 Nigeria Meat & Poultry Market Revenues & Volume, By Ducks , 2016 - 2026F |
6.1.6 Nigeria Meat & Poultry Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 Nigeria Meat & Poultry Market, By Meat Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Meat & Poultry Market Revenues & Volume, By Pork, 2016 - 2026F |
6.2.3 Nigeria Meat & Poultry Market Revenues & Volume, By Mutton, 2016 - 2026F |
6.2.4 Nigeria Meat & Poultry Market Revenues & Volume, By Processed Beef, 2016 - 2026F |
6.2.5 Nigeria Meat & Poultry Market Revenues & Volume, By Others, 2016 - 2026F |
6.3 Nigeria Meat & Poultry Market, By End-Users |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Meat & Poultry Market Revenues & Volume, By Retail, 2016 - 2026F |
6.3.3 Nigeria Meat & Poultry Market Revenues & Volume, By Food-Services, 2016 - 2026F |
7 Nigeria Meat & Poultry Market Import-Export Trade Statistics |
7.1 Nigeria Meat & Poultry Market Export to Major Countries |
7.2 Nigeria Meat & Poultry Market Imports from Major Countries |
8 Nigeria Meat & Poultry Market Key Performance Indicators |
9 Nigeria Meat & Poultry Market - Opportunity Assessment |
9.1 Nigeria Meat & Poultry Market Opportunity Assessment, By Poultry Type, 2019 & 2026F |
9.2 Nigeria Meat & Poultry Market Opportunity Assessment, By Meat Type, 2019 & 2026F |
9.3 Nigeria Meat & Poultry Market Opportunity Assessment, By End-Users, 2019 & 2026F |
10 Nigeria Meat & Poultry Market - Competitive Landscape |
10.1 Nigeria Meat & Poultry Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Meat & Poultry Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |