Nigeria Organic Acids Market (2020-2026) | Value, Share, Growth, Size, Companies, Trends, Analysis, Forecast, Industry, COVID-19 IMPACT, Revenue & Outlook
Market Forecast By Type (Acetic Acid, Citric Acid, Formic Acid, Lactic Acid, Itaconic Acid, Succinic Acid, Gluconic Acid, Others), By Sources (Biomass, Molasses, Starch, Chemical Synthesis, Argo-Industrial Residue), By End-user (Food & Beverage, Animal Feed, Chemical & Industrial, Pharmaceuticals, Personal Care, Agriculture, Others) And Competitive Landscape
| Product Code: ETC034509 | Publication Date: Jun 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Nigeria Organic Acids Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Nigeria`s organic acids import market saw a shift in concentration levels from high to moderate, with key exporters being China, South Korea, India, Netherlands, and Singapore. The notable -23.1% CAGR from 2020 to 2024 and a further decline in growth rate by -36.68% in 2024 indicate fluctuations in market dynamics. It will be crucial for stakeholders to monitor these trends closely and adapt strategies to navigate the changing landscape of organic acids imports in Nigeria.
Nigeria Organic Acids Market Synopsis
The Nigeria Organic Acids Market is predicted to attain growth during 2020-2026. Organic acids are organic compounds that contain carboxylic acid functional group (-COOH). They are widely used as food additives and industrial chemical intermediates. The demand for organic acids in the Nigeria market boosted by increasing demand from food and beverage industry, rising need for preservatives & antimicrobial agents, growing awareness about health benefits associated with them, etc. The major players operating in this market include Evonik Industries AG (Germany), Corbion Purac N.V., BASF SE (Germany), Archer Daniels Midland Company (U.S.), Tate & Lyle PLC (U.K.), Koninklijke DSM N.V.(Netherlands) and others.
Key Highlights of the Report:
- Nigeria Organic Acids Market Outlook
- Market Size of Nigeria Organic Acids Market, 2019
- Forecast of Nigeria Organic Acids Market, 2026
- Historical Data and Forecast of Nigeria Organic Acids Revenues & Volume for the Period 2016 - 2026
- Nigeria Organic Acids Market Trend Evolution
- Nigeria Organic Acids Market Drivers and Challenges
- Nigeria Organic Acids Price Trends
- Nigeria Organic Acids Porter's Five Forces
- Nigeria Organic Acids Industry Life Cycle
- Historical Data and Forecast of Nigeria Organic Acids Market Revenues & Volume By Type for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Organic Acids Market Revenues & Volume By Acetic Acid for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Organic Acids Market Revenues & Volume By Citric Acid for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Organic Acids Market Revenues & Volume By Formic Acid for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Organic Acids Market Revenues & Volume By Lactic Acid for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Organic Acids Market Revenues & Volume By Itaconic Acid for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Organic Acids Market Revenues & Volume By Succinic Acid for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Organic Acids Market Revenues & Volume By Gluconic Acid for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Acetic Acid Organic Acids Market Revenues & Volume By Others for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Organic Acids Market Revenues & Volume By Sources for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Organic Acids Market Revenues & Volume By Biomass for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Organic Acids Market Revenues & Volume By Molasses for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Organic Acids Market Revenues & Volume By Starch for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Organic Acids Market Revenues & Volume By Chemical Synthesis for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Organic Acids Market Revenues & Volume By Argo-Industrial Residue for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Organic Acids Market Revenues & Volume By End-user for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Organic Acids Market Revenues & Volume By Food & Beverage for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Organic Acids Market Revenues & Volume By Animal Feed for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Organic Acids Market Revenues & Volume By Chemical & Industrial for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Organic Acids Market Revenues & Volume By Pharmaceuticals for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Organic Acids Market Revenues & Volume By Personal Care for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Organic Acids Market Revenues & Volume By Agriculture for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Organic Acids Market Revenues & Volume By Others for the Period 2016 - 2026
- Nigeria Organic Acids Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Sources
- Market Opportunity Assessment By End-user
- Nigeria Organic Acids Top Companies Market Share
- Nigeria Organic Acids Competitive Benchmarking By Technical and Operational Parameters
- Nigeria Organic Acids Company Profiles
- Nigeria Organic Acids Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Nigeria Organic Acids Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Nigeria Organic Acids Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Organic Acids Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Organic Acids Market Revenues & Volume, 2019 & 2026F |
3.3 Nigeria Organic Acids Market - Industry Life Cycle |
3.4 Nigeria Organic Acids Market - Porter's Five Forces |
3.5 Nigeria Organic Acids Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.6 Nigeria Organic Acids Market Revenues & Volume Share, By Sources, 2019 & 2026F |
3.7 Nigeria Organic Acids Market Revenues & Volume Share, By End-user, 2019 & 2026F |
4 Nigeria Organic Acids Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Organic Acids Market Trends |
6 Nigeria Organic Acids Market, By Types |
6.1 Nigeria Organic Acids Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Organic Acids Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 Nigeria Organic Acids Market Revenues & Volume, By Acetic Acid, 2016 - 2026F |
6.1.4 Nigeria Organic Acids Market Revenues & Volume, By Citric Acid, 2016 - 2026F |
6.1.5 Nigeria Organic Acids Market Revenues & Volume, By Formic Acid, 2016 - 2026F |
6.1.6 Nigeria Organic Acids Market Revenues & Volume, By Lactic Acid, 2016 - 2026F |
6.1.7 Nigeria Organic Acids Market Revenues & Volume, By Itaconic Acid, 2016 - 2026F |
6.1.8 Nigeria Organic Acids Market Revenues & Volume, By Succinic Acid, 2016 - 2026F |
6.1.9 Nigeria Organic Acids Market Revenues & Volume, By Others, 2016 - 2026F |
6.1.10 Nigeria Organic Acids Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 Nigeria Organic Acids Market, By Sources |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Organic Acids Market Revenues & Volume, By Biomass, 2016 - 2026F |
6.2.3 Nigeria Organic Acids Market Revenues & Volume, By Molasses, 2016 - 2026F |
6.2.4 Nigeria Organic Acids Market Revenues & Volume, By Starch, 2016 - 2026F |
6.2.5 Nigeria Organic Acids Market Revenues & Volume, By Chemical Synthesis, 2016 - 2026F |
6.2.6 Nigeria Organic Acids Market Revenues & Volume, By Argo-Industrial Residue, 2016 - 2026F |
6.3 Nigeria Organic Acids Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Organic Acids Market Revenues & Volume, By Food & Beverage, 2016 - 2026F |
6.3.3 Nigeria Organic Acids Market Revenues & Volume, By Animal Feed, 2016 - 2026F |
6.3.4 Nigeria Organic Acids Market Revenues & Volume, By Chemical & Industrial, 2016 - 2026F |
6.3.5 Nigeria Organic Acids Market Revenues & Volume, By Pharmaceuticals, 2016 - 2026F |
6.3.6 Nigeria Organic Acids Market Revenues & Volume, By Personal Care, 2016 - 2026F |
6.3.7 Nigeria Organic Acids Market Revenues & Volume, By Agriculture, 2016 - 2026F |
7 Nigeria Organic Acids Market Import-Export Trade Statistics |
7.1 Nigeria Organic Acids Market Export to Major Countries |
7.2 Nigeria Organic Acids Market Imports from Major Countries |
8 Nigeria Organic Acids Market Key Performance Indicators |
9 Nigeria Organic Acids Market - Opportunity Assessment |
9.1 Nigeria Organic Acids Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 Nigeria Organic Acids Market Opportunity Assessment, By Sources, 2019 & 2026F |
9.3 Nigeria Organic Acids Market Opportunity Assessment, By End-user, 2019 & 2026F |
10 Nigeria Organic Acids Market - Competitive Landscape |
10.1 Nigeria Organic Acids Market Revenue Share, By Companies, 2019 |
10.2 Nigeria Organic Acids Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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