| Product Code: ETC8633591 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a declining CAGR and negative growth rate in 2024, Nigeria continues to import propionic acid for animal feed primarily from China, Germany, Netherlands, Mongolia, and South Africa. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market with these top exporting countries dominating the shipments. It will be crucial for market players to closely monitor these trends and adapt their strategies to navigate the challenging market conditions in the Nigerian propionic acid sector.

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 Propionic Acid for Animal Feed Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Propionic Acid for Animal Feed Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Propionic Acid for Animal Feed Market - Industry Life Cycle |
3.4 Nigeria Propionic Acid for Animal Feed Market - Porter's Five Forces |
3.5 Nigeria Propionic Acid for Animal Feed Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Nigeria Propionic Acid for Animal Feed Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 Nigeria Propionic Acid for Animal Feed Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Nigeria Propionic Acid for Animal Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for quality animal feed products in Nigeria |
4.2.2 Growth in the livestock industry in Nigeria |
4.2.3 Rising awareness about the benefits of propionic acid in animal feed |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in propionic acid production |
4.3.2 Regulatory challenges and compliance requirements in the animal feed industry in Nigeria |
5 Nigeria Propionic Acid for Animal Feed Market Trends |
6 Nigeria Propionic Acid for Animal Feed Market, By Types |
6.1 Nigeria Propionic Acid for Animal Feed Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Propionic Acid for Animal Feed Market Revenues & Volume, By Grade, 2021- 2031F |
6.1.3 Nigeria Propionic Acid for Animal Feed Market Revenues & Volume, By Biotech/Analytical (High Purity), 2021- 2031F |
6.1.4 Nigeria Propionic Acid for Animal Feed Market Revenues & Volume, By Technical (Low Purity), 2021- 2031F |
6.2 Nigeria Propionic Acid for Animal Feed Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Propionic Acid for Animal Feed Market Revenues & Volume, By Oxo Process, 2021- 2031F |
6.2.3 Nigeria Propionic Acid for Animal Feed Market Revenues & Volume, By Reppe Process, 2021- 2031F |
6.2.4 Nigeria Propionic Acid for Animal Feed Market Revenues & Volume, By By-Product Process, 2021- 2031F |
6.3 Nigeria Propionic Acid for Animal Feed Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Propionic Acid for Animal Feed Market Revenues & Volume, By Chemical, 2021- 2031F |
6.3.3 Nigeria Propionic Acid for Animal Feed Market Revenues & Volume, By Agriculture, 2021- 2031F |
6.3.4 Nigeria Propionic Acid for Animal Feed Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.3.5 Nigeria Propionic Acid for Animal Feed Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.3.6 Nigeria Propionic Acid for Animal Feed Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
7 Nigeria Propionic Acid for Animal Feed Market Import-Export Trade Statistics |
7.1 Nigeria Propionic Acid for Animal Feed Market Export to Major Countries |
7.2 Nigeria Propionic Acid for Animal Feed Market Imports from Major Countries |
8 Nigeria Propionic Acid for Animal Feed Market Key Performance Indicators |
8.1 Adoption rate of propionic acid in animal feed formulations in Nigeria |
8.2 Number of new product launches incorporating propionic acid in the Nigerian market |
8.3 Investment in research and development for improving propionic acid formulations in animal feed |
9 Nigeria Propionic Acid for Animal Feed Market - Opportunity Assessment |
9.1 Nigeria Propionic Acid for Animal Feed Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Nigeria Propionic Acid for Animal Feed Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 Nigeria Propionic Acid for Animal Feed Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Nigeria Propionic Acid for Animal Feed Market - Competitive Landscape |
10.1 Nigeria Propionic Acid for Animal Feed Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Propionic Acid for Animal Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |