Product Code: ETC049229 | Publication Date: Jan 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The raw cane sugar market in Nigeria is witnessing growth due to increasing domestic consumption and the government`s push towards self-sufficiency in sugar production. Nigeria, with its favorable climate for sugarcane cultivation, is focusing on expanding its agricultural output and processing capabilities. This market is supported by investments in sugarcane plantations and sugar mills. However, issues like inadequate infrastructure, high production costs, and competition from imported sugar pose challenges to the market.
The Nigeria Raw Cane Sugar Market is driven by the high demand for sugar in the food and beverage industry, including confectionery, bakery, and soft drinks. The increasing population and rising disposable incomes lead to higher consumption of sugary products, thereby boosting the market. Efforts to achieve self-sufficiency in sugar production through government policies and incentives for local farmers also play a crucial role. The expansion of the retail sector and the growing preference for packaged and processed foods further support the demand for raw cane sugar. Additionally, the development of the ethanol industry as an alternative use of sugarcane enhances market growth.
The Nigeria Raw Cane Sugar Market faces challenges related to inefficient agricultural practices and outdated processing methods. Low yields and high production costs make locally produced raw cane sugar less competitive compared to imported alternatives. There is also a significant reliance on manual labor, which affects productivity and consistency in quality. Additionally, the market is affected by smuggling and the influx of cheaper, often subsidized sugar from other countries. Poor infrastructure, including inadequate transportation and storage facilities, further exacerbates these issues, leading to higher post-harvest losses.
The government of Nigeria has implemented policies aimed at achieving self-sufficiency in sugar production. The Nigeria Sugar Master Plan (NSMP) provides a comprehensive framework, offering incentives for local sugarcane cultivation and refining. Policies include tariff protection for local producers, subsidies for farmers, and investment in infrastructure to support the sugar industry. Additionally, the government encourages public-private partnerships to boost production capacity.
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 Raw Cane Sugar Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Raw Cane Sugar Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Raw Cane Sugar Market - Industry Life Cycle |
3.4 Nigeria Raw Cane Sugar Market - Porter's Five Forces |
3.5 Nigeria Raw Cane Sugar Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Nigeria Raw Cane Sugar Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Nigeria Raw Cane Sugar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Raw Cane Sugar Market Trends |
6 Nigeria Raw Cane Sugar Market, By Types |
6.1 Nigeria Raw Cane Sugar Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Raw Cane Sugar Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Nigeria Raw Cane Sugar Market Revenues & Volume, By Demerara-style Sugar, 2021-2031F |
6.1.4 Nigeria Raw Cane Sugar Market Revenues & Volume, By Organic Sugar, 2021-2031F |
6.2 Nigeria Raw Cane Sugar Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Raw Cane Sugar Market Revenues & Volume, By Food Processors, 2021-2031F |
6.2.3 Nigeria Raw Cane Sugar Market Revenues & Volume, By Livestock Feed, 2021-2031F |
6.2.4 Nigeria Raw Cane Sugar Market Revenues & Volume, By Retailers, 2021-2031F |
6.2.5 Nigeria Raw Cane Sugar Market Revenues & Volume, By Industrial Uses, 2021-2031F |
7 Nigeria Raw Cane Sugar Market Import-Export Trade Statistics |
7.1 Nigeria Raw Cane Sugar Market Export to Major Countries |
7.2 Nigeria Raw Cane Sugar Market Imports from Major Countries |
8 Nigeria Raw Cane Sugar Market Key Performance Indicators |
9 Nigeria Raw Cane Sugar Market - Opportunity Assessment |
9.1 Nigeria Raw Cane Sugar Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Nigeria Raw Cane Sugar Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Nigeria Raw Cane Sugar Market - Competitive Landscape |
10.1 Nigeria Raw Cane Sugar Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Raw Cane Sugar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |