Nigeria Prawn Market (2025-2031) | Analysis, Companies, Segmentation, Share, Growth, Competitive Landscape, Industry, Size & Revenue, Trends, Outlook, Forecast, Value

Market Forecast By Species (Penaeus Vannamei, Penaeus Monodon, Macrobrachium Rosenbergii, Others), By Prawn Size (<21, 21-25, 26-30, 31-40, 41-50, 51-60, 61-70, >70) And Competitive Landscape
Product Code: ETC8633283 Publication Date: Sep 2024 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Dhaval Chaurasia No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Key Highlights of the Report:

  • Nigeria Prawn Market Outlook
  • Market Size of Nigeria Prawn Market, 2024
  • Forecast of Nigeria Prawn Market, 2031
  • Historical Data and Forecast of Nigeria Prawn Revenues & Volume for the Period 2021- 2031
  • Nigeria Prawn Market Trend Evolution
  • Nigeria Prawn Market Drivers and Challenges
  • Nigeria Prawn Price Trends
  • Nigeria Prawn Porter's Five Forces
  • Nigeria Prawn Industry Life Cycle
  • Historical Data and Forecast of Nigeria Prawn Market Revenues & Volume By Species for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Prawn Market Revenues & Volume By Penaeus Vannamei for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Prawn Market Revenues & Volume By Penaeus Monodon for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Prawn Market Revenues & Volume By Macrobrachium Rosenbergii for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Prawn Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Prawn Market Revenues & Volume By Prawn Size for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Prawn Market Revenues & Volume By <21 for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Prawn Market Revenues & Volume By 21-25 for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Prawn Market Revenues & Volume By 26-30 for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Prawn Market Revenues & Volume By 31-40 for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Prawn Market Revenues & Volume By 41-50 for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Prawn Market Revenues & Volume By 51-60 for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Prawn Market Revenues & Volume By 61-70 for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Prawn Market Revenues & Volume By >70 for the Period 2021- 2031
  • Nigeria Prawn Import Export Trade Statistics
  • Market Opportunity Assessment By Species
  • Market Opportunity Assessment By Prawn Size
  • Nigeria Prawn Top Companies Market Share
  • Nigeria Prawn Competitive Benchmarking By Technical and Operational Parameters
  • Nigeria Prawn Company Profiles
  • Nigeria Prawn Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Nigeria Prawn 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 Prawn 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 Prawn Market Overview

3.1 Nigeria Country Macro Economic Indicators

3.2 Nigeria Prawn Market Revenues & Volume, 2021 & 2031F

3.3 Nigeria Prawn Market - Industry Life Cycle

3.4 Nigeria Prawn Market - Porter's Five Forces

3.5 Nigeria Prawn Market Revenues & Volume Share, By Species, 2021 & 2031F

3.6 Nigeria Prawn Market Revenues & Volume Share, By Prawn Size, 2021 & 2031F

4 Nigeria Prawn Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increase in consumer demand for seafood products in Nigeria

4.2.2 Growth in aquaculture and fisheries industry in Nigeria

4.2.3 Rising awareness about the health benefits of consuming prawns in Nigeria

4.3 Market Restraints

4.3.1 Fluctuations in prawn prices due to market dynamics

4.3.2 Challenges in maintaining quality and freshness of prawns during distribution

4.3.3 Regulatory hurdles and compliance issues in the seafood industry in Nigeria

5 Nigeria Prawn Market Trends

6 Nigeria Prawn Market, By Types

6.1 Nigeria Prawn Market, By Species

6.1.1 Overview and Analysis

6.1.2 Nigeria Prawn Market Revenues & Volume, By Species, 2021- 2031F

6.1.3 Nigeria Prawn Market Revenues & Volume, By Penaeus Vannamei, 2021- 2031F

6.1.4 Nigeria Prawn Market Revenues & Volume, By Penaeus Monodon, 2021- 2031F

6.1.5 Nigeria Prawn Market Revenues & Volume, By Macrobrachium Rosenbergii, 2021- 2031F

6.1.6 Nigeria Prawn Market Revenues & Volume, By Others, 2021- 2031F

6.2 Nigeria Prawn Market, By Prawn Size

6.2.1 Overview and Analysis

6.2.2 Nigeria Prawn Market Revenues & Volume, By <21, 2021- 2031F

6.2.3 Nigeria Prawn Market Revenues & Volume, By 21-25, 2021- 2031F

6.2.4 Nigeria Prawn Market Revenues & Volume, By 26-30, 2021- 2031F

6.2.5 Nigeria Prawn Market Revenues & Volume, By 31-40, 2021- 2031F

6.2.6 Nigeria Prawn Market Revenues & Volume, By 41-50, 2021- 2031F

6.2.7 Nigeria Prawn Market Revenues & Volume, By 51-60, 2021- 2031F

6.2.8 Nigeria Prawn Market Revenues & Volume, By >70, 2021- 2031F

6.2.9 Nigeria Prawn Market Revenues & Volume, By >70, 2021- 2031F

7 Nigeria Prawn Market Import-Export Trade Statistics

7.1 Nigeria Prawn Market Export to Major Countries

7.2 Nigeria Prawn Market Imports from Major Countries

8 Nigeria Prawn Market Key Performance Indicators

8.1 Average selling price of prawns in Nigeria

8.2 Number of new entrants in the prawn market in Nigeria

8.3 Growth rate of aquaculture production in Nigeria

8.4 Consumer awareness and perception of prawns as a healthy food option

9 Nigeria Prawn Market - Opportunity Assessment

9.1 Nigeria Prawn Market Opportunity Assessment, By Species, 2021 & 2031F

9.2 Nigeria Prawn Market Opportunity Assessment, By Prawn Size, 2021 & 2031F

10 Nigeria Prawn Market - Competitive Landscape

10.1 Nigeria Prawn Market Revenue Share, By Companies, 2024

10.2 Nigeria Prawn Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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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