| Product Code: ETC8630681 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Nigeria market for nutritional ingredients in animal feed saw a decrease in import shipments in 2024, with top exporting countries being Belgium, Germany, South Africa, China, and Greece. The low concentration level indicated by the Herfindahl-Hirschman Index (HHI) suggests a competitive landscape. The negative Compound Annual Growth Rate (CAGR) from 2020 to 2024 at -24.73% and a further decline in growth rate from 2023 to 2024 at -28.38% indicate challenges in the market. Stakeholders should monitor these trends closely to understand the evolving dynamics of the Nigerian animal feed industry.

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 Nutritional Ingredients In Animal Feed Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Nutritional Ingredients In Animal Feed Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Nutritional Ingredients In Animal Feed Market - Industry Life Cycle |
3.4 Nigeria Nutritional Ingredients In Animal Feed Market - Porter's Five Forces |
3.5 Nigeria Nutritional Ingredients In Animal Feed Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Nigeria Nutritional Ingredients In Animal Feed Market Revenues & Volume Share, By Nutrition Type, 2021 & 2031F |
3.7 Nigeria Nutritional Ingredients In Animal Feed Market Revenues & Volume Share, By Animal Type, 2021 & 2031F |
4 Nigeria Nutritional Ingredients In Animal Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness about the importance of nutrition in animal feed for enhancing livestock health and productivity |
4.2.2 Increasing demand for high-quality animal products such as meat, milk, and eggs in Nigeria |
4.2.3 Rising disposable income leading to higher spending on animal feed with added nutritional ingredients |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in nutritional ingredients for animal feed |
4.3.2 Lack of proper infrastructure for storage and transportation of nutritional ingredients |
4.3.3 Regulatory challenges and changing government policies impacting the import and use of specific ingredients |
5 Nigeria Nutritional Ingredients In Animal Feed Market Trends |
6 Nigeria Nutritional Ingredients In Animal Feed Market, By Types |
6.1 Nigeria Nutritional Ingredients In Animal Feed Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Nutritional Ingredients In Animal Feed Market Revenues & Volume, By Source, 2021- 2031F |
6.1.3 Nigeria Nutritional Ingredients In Animal Feed Market Revenues & Volume, By Corn, 2021- 2031F |
6.1.4 Nigeria Nutritional Ingredients In Animal Feed Market Revenues & Volume, By Wheat, 2021- 2031F |
6.1.5 Nigeria Nutritional Ingredients In Animal Feed Market Revenues & Volume, By Soyabean Meal, 2021- 2031F |
6.1.6 Nigeria Nutritional Ingredients In Animal Feed Market Revenues & Volume, By Fish, 2021- 2031F |
6.1.7 Nigeria Nutritional Ingredients In Animal Feed Market Revenues & Volume, By Oats, 2021- 2031F |
6.1.8 Nigeria Nutritional Ingredients In Animal Feed Market Revenues & Volume, By Alfalfa, 2021- 2031F |
6.2 Nigeria Nutritional Ingredients In Animal Feed Market, By Nutrition Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Nutritional Ingredients In Animal Feed Market Revenues & Volume, By protein, 2021- 2031F |
6.2.3 Nigeria Nutritional Ingredients In Animal Feed Market Revenues & Volume, By vitamins, 2021- 2031F |
6.2.4 Nigeria Nutritional Ingredients In Animal Feed Market Revenues & Volume, By Amino Acid, 2021- 2031F |
6.2.5 Nigeria Nutritional Ingredients In Animal Feed Market Revenues & Volume, By Enzymes, 2021- 2031F |
6.2.6 Nigeria Nutritional Ingredients In Animal Feed Market Revenues & Volume, By Acidifiers, 2021- 2031F |
6.2.7 Nigeria Nutritional Ingredients In Animal Feed Market Revenues & Volume, By Antibiotics, 2021- 2031F |
6.3 Nigeria Nutritional Ingredients In Animal Feed Market, By Animal Type |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Nutritional Ingredients In Animal Feed Market Revenues & Volume, By Poultry, 2021- 2031F |
6.3.3 Nigeria Nutritional Ingredients In Animal Feed Market Revenues & Volume, By Cattles, 2021- 2031F |
6.3.4 Nigeria Nutritional Ingredients In Animal Feed Market Revenues & Volume, By Fish, 2021- 2031F |
6.3.5 Nigeria Nutritional Ingredients In Animal Feed Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Nutritional Ingredients In Animal Feed Market Import-Export Trade Statistics |
7.1 Nigeria Nutritional Ingredients In Animal Feed Market Export to Major Countries |
7.2 Nigeria Nutritional Ingredients In Animal Feed Market Imports from Major Countries |
8 Nigeria Nutritional Ingredients In Animal Feed Market Key Performance Indicators |
8.1 Average daily weight gain of livestock consuming feed with nutritional ingredients |
8.2 Percentage increase in the adoption of specialized feed formulations containing nutritional ingredients |
8.3 Number of new product launches in the nutritional ingredients for animal feed segment |
8.4 Percentage of livestock farmers using nutritional supplements in their feed formulations |
8.5 Rate of adoption of advanced technology in the production and distribution of nutritional ingredients |
9 Nigeria Nutritional Ingredients In Animal Feed Market - Opportunity Assessment |
9.1 Nigeria Nutritional Ingredients In Animal Feed Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Nigeria Nutritional Ingredients In Animal Feed Market Opportunity Assessment, By Nutrition Type, 2021 & 2031F |
9.3 Nigeria Nutritional Ingredients In Animal Feed Market Opportunity Assessment, By Animal Type, 2021 & 2031F |
10 Nigeria Nutritional Ingredients In Animal Feed Market - Competitive Landscape |
10.1 Nigeria Nutritional Ingredients In Animal Feed Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Nutritional Ingredients In Animal Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |