Nigeria Plant Based Protein Supplements Market (2025-2031) | Value, Analysis, Segmentation, Forecast, Companies, Trends, Share, Competitive Landscape, Growth, Outlook, Size & Revenue, Industry
Market Forecast By Raw Material (Soy, Spirulina, Pumpkin Seed, Wheat, Hemp, Rice, Pea, Others), By Product (Protein Powder, Protein Bars, Ready-to-Drink, Others), By Distribution Channel (Supermarkets/Hypermarkets, Online Stores, DTC, Others), By Application (Sports Nutrition, Functional Food) And Competitive Landscape
| Product Code: ETC8632580 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Nigeria Plant Based Protein Supplements Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Nigeria saw a diverse range of plant-based protein supplements being imported, with top exporters including China, Argentina, Malaysia, India, and Brazil. The market showed a shift from high concentration in 2023 to moderate concentration in 2024, indicating a more balanced distribution among suppliers. Despite a negative Compound Annual Growth Rate (CAGR) of -13.11% from 2020 to 2024, the slight improvement in the growth rate from 2023 to 2024 (-0.87%) suggests a potential stabilization in the market. Nigeria`s import market for plant-based protein supplements appears to be evolving and adapting to changing dynamics.
Key Highlights of the Report:
- Nigeria Plant Based Protein Supplements Market Outlook
- Market Size of Nigeria Plant Based Protein Supplements Market, 2024
- Forecast of Nigeria Plant Based Protein Supplements Market, 2031
- Historical Data and Forecast of Nigeria Plant Based Protein Supplements Revenues & Volume for the Period 2021- 2031
- Nigeria Plant Based Protein Supplements Market Trend Evolution
- Nigeria Plant Based Protein Supplements Market Drivers and Challenges
- Nigeria Plant Based Protein Supplements Price Trends
- Nigeria Plant Based Protein Supplements Porter's Five Forces
- Nigeria Plant Based Protein Supplements Industry Life Cycle
- Historical Data and Forecast of Nigeria Plant Based Protein Supplements Market Revenues & Volume By Raw Material for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Plant Based Protein Supplements Market Revenues & Volume By Soy for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Plant Based Protein Supplements Market Revenues & Volume By Spirulina for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Plant Based Protein Supplements Market Revenues & Volume By Pumpkin Seed for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Plant Based Protein Supplements Market Revenues & Volume By Wheat for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Plant Based Protein Supplements Market Revenues & Volume By Hemp for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Plant Based Protein Supplements Market Revenues & Volume By Rice for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Plant Based Protein Supplements Market Revenues & Volume By Pea for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Soy Plant Based Protein Supplements Market Revenues & Volume By Others for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Plant Based Protein Supplements Market Revenues & Volume By Product for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Plant Based Protein Supplements Market Revenues & Volume By Protein Powder for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Plant Based Protein Supplements Market Revenues & Volume By Protein Bars for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Plant Based Protein Supplements Market Revenues & Volume By Ready-to-Drink for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Plant Based Protein Supplements Market Revenues & Volume By Others for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Plant Based Protein Supplements Market Revenues & Volume By Distribution Channel for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Plant Based Protein Supplements Market Revenues & Volume By Supermarkets/Hypermarkets for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Plant Based Protein Supplements Market Revenues & Volume By Online Stores for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Plant Based Protein Supplements Market Revenues & Volume By DTC for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Plant Based Protein Supplements Market Revenues & Volume By Others for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Plant Based Protein Supplements Market Revenues & Volume By Application for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Plant Based Protein Supplements Market Revenues & Volume By Sports Nutrition for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Plant Based Protein Supplements Market Revenues & Volume By Functional Food for the Period 2021- 2031
- Nigeria Plant Based Protein Supplements Import Export Trade Statistics
- Market Opportunity Assessment By Raw Material
- Market Opportunity Assessment By Product
- Market Opportunity Assessment By Distribution Channel
- Market Opportunity Assessment By Application
- Nigeria Plant Based Protein Supplements Top Companies Market Share
- Nigeria Plant Based Protein Supplements Competitive Benchmarking By Technical and Operational Parameters
- Nigeria Plant Based Protein Supplements Company Profiles
- Nigeria Plant Based Protein Supplements Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Nigeria Plant Based Protein Supplements 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 Plant Based Protein Supplements Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Plant Based Protein Supplements Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Plant Based Protein Supplements Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Plant Based Protein Supplements Market - Industry Life Cycle |
3.4 Nigeria Plant Based Protein Supplements Market - Porter's Five Forces |
3.5 Nigeria Plant Based Protein Supplements Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Nigeria Plant Based Protein Supplements Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Nigeria Plant Based Protein Supplements Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Nigeria Plant Based Protein Supplements Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Plant Based Protein Supplements Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness and awareness among Nigerian consumers |
4.2.2 Growing vegan and vegetarian population in Nigeria |
4.2.3 Rise in demand for sustainable and environmentally friendly products |
4.3 Market Restraints |
4.3.1 Limited availability and accessibility of plant-based protein supplements in Nigeria |
4.3.2 Higher cost compared to conventional protein sources |
4.3.3 Lack of awareness and education about the benefits of plant-based protein supplements |
5 Nigeria Plant Based Protein Supplements Market Trends |
6 Nigeria Plant Based Protein Supplements Market, By Types |
6.1 Nigeria Plant Based Protein Supplements Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Plant Based Protein Supplements Market Revenues & Volume, By Raw Material, 2021- 2031F |
6.1.3 Nigeria Plant Based Protein Supplements Market Revenues & Volume, By Soy, 2021- 2031F |
6.1.4 Nigeria Plant Based Protein Supplements Market Revenues & Volume, By Spirulina, 2021- 2031F |
6.1.5 Nigeria Plant Based Protein Supplements Market Revenues & Volume, By Pumpkin Seed, 2021- 2031F |
6.1.6 Nigeria Plant Based Protein Supplements Market Revenues & Volume, By Wheat, 2021- 2031F |
6.1.7 Nigeria Plant Based Protein Supplements Market Revenues & Volume, By Hemp, 2021- 2031F |
6.1.8 Nigeria Plant Based Protein Supplements Market Revenues & Volume, By Rice, 2021- 2031F |
6.1.9 Nigeria Plant Based Protein Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.1.10 Nigeria Plant Based Protein Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Nigeria Plant Based Protein Supplements Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Plant Based Protein Supplements Market Revenues & Volume, By Protein Powder, 2021- 2031F |
6.2.3 Nigeria Plant Based Protein Supplements Market Revenues & Volume, By Protein Bars, 2021- 2031F |
6.2.4 Nigeria Plant Based Protein Supplements Market Revenues & Volume, By Ready-to-Drink, 2021- 2031F |
6.2.5 Nigeria Plant Based Protein Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Nigeria Plant Based Protein Supplements Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Plant Based Protein Supplements Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021- 2031F |
6.3.3 Nigeria Plant Based Protein Supplements Market Revenues & Volume, By Online Stores, 2021- 2031F |
6.3.4 Nigeria Plant Based Protein Supplements Market Revenues & Volume, By DTC, 2021- 2031F |
6.3.5 Nigeria Plant Based Protein Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Nigeria Plant Based Protein Supplements Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Plant Based Protein Supplements Market Revenues & Volume, By Sports Nutrition, 2021- 2031F |
6.4.3 Nigeria Plant Based Protein Supplements Market Revenues & Volume, By Functional Food, 2021- 2031F |
7 Nigeria Plant Based Protein Supplements Market Import-Export Trade Statistics |
7.1 Nigeria Plant Based Protein Supplements Market Export to Major Countries |
7.2 Nigeria Plant Based Protein Supplements Market Imports from Major Countries |
8 Nigeria Plant Based Protein Supplements Market Key Performance Indicators |
8.1 Number of new product launches in the plant-based protein supplements market in Nigeria |
8.2 Consumer engagement and interest in plant-based diets and supplements through social media metrics (likes, shares, comments) |
8.3 Growth in the number of health and wellness influencers promoting plant-based protein supplements in Nigeria |
9 Nigeria Plant Based Protein Supplements Market - Opportunity Assessment |
9.1 Nigeria Plant Based Protein Supplements Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Nigeria Plant Based Protein Supplements Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Nigeria Plant Based Protein Supplements Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Nigeria Plant Based Protein Supplements Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Plant Based Protein Supplements Market - Competitive Landscape |
10.1 Nigeria Plant Based Protein Supplements Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Plant Based Protein Supplements Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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