| Product Code: ETC8634776 | 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 decline in the growth rate of Nigeria`s savory snack import shipments in 2024, the market continues to be dominated by a few key players, with high concentration levels indicated by the Herfindahl-Hirschman Index (HHI). China, UK, South Africa, Metropolitan France, and the USA are the top countries exporting to Nigeria, showcasing the diversity of sources for these popular snacks. The negative Compound Annual Growth Rate (CAGR) from 2020 to 2024 highlights challenges faced by the industry, while the significant decrease in growth rate from 2023 to 2024 signals a potential shift in consumer preferences or market dynamics.

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 Savory Snack Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Savory Snack Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Savory Snack Market - Industry Life Cycle |
3.4 Nigeria Savory Snack Market - Porter's Five Forces |
3.5 Nigeria Savory Snack Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Nigeria Savory Snack Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Nigeria Savory Snack Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and busy lifestyles leading to higher demand for convenient on-the-go snacks |
4.2.2 Growing young population with changing taste preferences towards savory snacks |
4.2.3 Rising disposable incomes and expanding middle-class population increasing affordability of savory snacks |
4.3 Market Restraints |
4.3.1 Health concerns and increasing awareness about the negative impact of consuming unhealthy snacks |
4.3.2 Competition from other snack categories like healthy snacks and confectionery products |
5 Nigeria Savory Snack Market Trends |
6 Nigeria Savory Snack Market, By Types |
6.1 Nigeria Savory Snack Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Savory Snack Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Nigeria Savory Snack Market Revenues & Volume, By Potato Chips, 2021- 2031F |
6.1.4 Nigeria Savory Snack Market Revenues & Volume, By Extruded Snacks, 2021- 2031F |
6.1.5 Nigeria Savory Snack Market Revenues & Volume, By Nuts, 2021- 2031F |
6.1.6 Nigeria Savory Snack Market Revenues & Volume, By Seeds, 2021- 2031F |
6.1.7 Nigeria Savory Snack Market Revenues & Volume, By Popcorn, 2021- 2031F |
6.1.8 Nigeria Savory Snack Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Nigeria Savory Snack Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Savory Snack Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021- 2031F |
6.2.3 Nigeria Savory Snack Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.2.4 Nigeria Savory Snack Market Revenues & Volume, By Online Retail Stores, 2021- 2031F |
6.2.5 Nigeria Savory Snack Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Savory Snack Market Import-Export Trade Statistics |
7.1 Nigeria Savory Snack Market Export to Major Countries |
7.2 Nigeria Savory Snack Market Imports from Major Countries |
8 Nigeria Savory Snack Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms for savory snack brands |
8.2 Number of new product launches in the savory snack market in Nigeria |
8.3 Growth in distribution channels for savory snacks, such as online sales or retail partnerships |
8.4 Consumer surveys on preferences and willingness to pay for innovative savory snack products |
9 Nigeria Savory Snack Market - Opportunity Assessment |
9.1 Nigeria Savory Snack Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Nigeria Savory Snack Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Nigeria Savory Snack Market - Competitive Landscape |
10.1 Nigeria Savory Snack Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Savory Snack Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |