| Product Code: ETC8635558 | 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 |
Despite the decline in growth rate for snack food imports to Nigeria in 2024, the market continues to be dominated by top exporting countries such as China, UK, Indonesia, Metropolitan France, and South Africa. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, highlighting the competitive landscape. The significant decrease in the compound annual growth rate (CAGR) from 2020-2024 suggests challenges in the market, while the sharp decline in growth rate from 2023-2024 indicates a potentially tough year ahead for snack food imports in Nigeria.

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 Snack Food Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Snack Food Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Snack Food Market - Industry Life Cycle |
3.4 Nigeria Snack Food Market - Porter's Five Forces |
3.5 Nigeria Snack Food Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Nigeria Snack Food Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Nigeria Snack Food Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and changing lifestyles leading to a rise in demand for convenient and on-the-go snack options. |
4.2.2 Growing young population with higher disposable income contributing to higher consumption of snack foods. |
4.2.3 Expansion of retail channels such as supermarkets, convenience stores, and online platforms increasing accessibility to snack foods. |
4.3 Market Restraints |
4.3.1 Price sensitivity among consumers impacting purchasing decisions for premium snack products. |
4.3.2 Health and wellness trends shifting consumer preferences towards healthier snack alternatives. |
4.3.3 Unstable economic conditions affecting consumer spending on non-essential food items. |
5 Nigeria Snack Food Market Trends |
6 Nigeria Snack Food Market, By Types |
6.1 Nigeria Snack Food Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Snack Food Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Nigeria Snack Food Market Revenues & Volume, By Savory Snacks, 2021- 2031F |
6.1.4 Nigeria Snack Food Market Revenues & Volume, By Frozen Snacks, 2021- 2031F |
6.1.5 Nigeria Snack Food Market Revenues & Volume, By Confectionery Snacks, 2021- 2031F |
6.1.6 Nigeria Snack Food Market Revenues & Volume, By Fruit Snacks, 2021- 2031F |
6.1.7 Nigeria Snack Food Market Revenues & Volume, By Bakery Snacks, 2021- 2031F |
6.1.8 Nigeria Snack Food Market Revenues & Volume, By Other Product Types, 2021- 2031F |
6.2 Nigeria Snack Food Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Snack Food Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021- 2031F |
6.2.3 Nigeria Snack Food Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.2.4 Nigeria Snack Food Market Revenues & Volume, By Online Retail Channels, 2021- 2031F |
6.2.5 Nigeria Snack Food Market Revenues & Volume, By Other Distribution Channels, 2021- 2031F |
7 Nigeria Snack Food Market Import-Export Trade Statistics |
7.1 Nigeria Snack Food Market Export to Major Countries |
7.2 Nigeria Snack Food Market Imports from Major Countries |
8 Nigeria Snack Food Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms for snack brands. |
8.2 Number of new product launches in the snack food market. |
8.3 Percentage of revenue from innovative snack products compared to traditional offerings. |
9 Nigeria Snack Food Market - Opportunity Assessment |
9.1 Nigeria Snack Food Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Nigeria Snack Food Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Nigeria Snack Food Market - Competitive Landscape |
10.1 Nigeria Snack Food Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Snack Food Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |