| Product Code: ETC13096605 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import shipments of placenta extract to Nigeria have shown a significant increase in concentration, with top exporting countries being Germany, India, UAE, Denmark, and the UK in 2024. The market experienced a notable growth rate of 28.4% in 2024, contributing to a steady compound annual growth rate of 2.88% from 2020 to 2024. This indicates a rising demand for placenta extract in Nigeria, with key suppliers competing for market share. Monitoring these trends can provide valuable insights for stakeholders in the 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 Placenta Extract Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Placenta Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Placenta Extract Market - Industry Life Cycle |
3.4 Nigeria Placenta Extract Market - Porter's Five Forces |
3.5 Nigeria Placenta Extract Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Placenta Extract Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Nigeria Placenta Extract Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Nigeria Placenta Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Placenta Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and acceptance of natural and traditional remedies in Nigeria |
4.2.2 Growing demand for skincare and beauty products in the country |
4.2.3 Rising disposable income and willingness to spend on premium healthcare products |
4.3 Market Restraints |
4.3.1 Regulatory challenges and lack of clear guidelines on the use of placenta extract in products |
4.3.2 Limited availability of high-quality placenta extract sources in Nigeria |
5 Nigeria Placenta Extract Market Trends |
6 Nigeria Placenta Extract Market, By Types |
6.1 Nigeria Placenta Extract Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Placenta Extract Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Nigeria Placenta Extract Market Revenues & Volume, By Human Placenta Extract, 2021 - 2031F |
6.1.4 Nigeria Placenta Extract Market Revenues & Volume, By Animal Placenta Extract, 2021 - 2031F |
6.1.5 Nigeria Placenta Extract Market Revenues & Volume, By Plant-Based Placenta Extract, 2021 - 2031F |
6.1.6 Nigeria Placenta Extract Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Nigeria Placenta Extract Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Placenta Extract Market Revenues & Volume, By Hydrolyzed Form, 2021 - 2031F |
6.2.3 Nigeria Placenta Extract Market Revenues & Volume, By Freeze-Dried, 2021 - 2031F |
6.2.4 Nigeria Placenta Extract Market Revenues & Volume, By Serum Form, 2021 - 2031F |
6.2.5 Nigeria Placenta Extract Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Nigeria Placenta Extract Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Placenta Extract Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.3.3 Nigeria Placenta Extract Market Revenues & Volume, By Cosmetics, 2021 - 2031F |
6.3.4 Nigeria Placenta Extract Market Revenues & Volume, By Dermatology, 2021 - 2031F |
6.3.5 Nigeria Placenta Extract Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Nigeria Placenta Extract Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Placenta Extract Market Revenues & Volume, By Wound Healing, 2021 - 2031F |
6.4.3 Nigeria Placenta Extract Market Revenues & Volume, By Anti-Aging, 2021 - 2031F |
6.4.4 Nigeria Placenta Extract Market Revenues & Volume, By Skin Regeneration, 2021 - 2031F |
6.4.5 Nigeria Placenta Extract Market Revenues & Volume, By Others, 2021 - 2031F |
7 Nigeria Placenta Extract Market Import-Export Trade Statistics |
7.1 Nigeria Placenta Extract Market Export to Major Countries |
7.2 Nigeria Placenta Extract Market Imports from Major Countries |
8 Nigeria Placenta Extract Market Key Performance Indicators |
8.1 Consumer perception and acceptance of placenta extract products in Nigeria |
8.2 Number of skincare and beauty product companies incorporating placenta extract in their product lines |
8.3 Growth in the number of placenta extract suppliers and manufacturers in the Nigerian market |
9 Nigeria Placenta Extract Market - Opportunity Assessment |
9.1 Nigeria Placenta Extract Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Placenta Extract Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Nigeria Placenta Extract Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Nigeria Placenta Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Placenta Extract Market - Competitive Landscape |
10.1 Nigeria Placenta Extract Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Placenta Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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