| Product Code: ETC8635639 | 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 |
The softgel capsules import market in Nigeria saw consistent contributions from top exporters such as India, China, Netherlands, Metropolitan France, and the USA in 2024. Despite a negative Compound Annual Growth Rate (CAGR) of -26.13% from 2020 to 2024, the market remained concentrated with a high Herfindahl-Hirschman Index (HHI) in 2024. The growth rate in 2024 also experienced a decline of -30.33% compared to the previous year, indicating a challenging landscape for softgel capsule 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 Softgel Capsules Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Softgel Capsules Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Softgel Capsules Market - Industry Life Cycle |
3.4 Nigeria Softgel Capsules Market - Porter's Five Forces |
3.5 Nigeria Softgel Capsules Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Softgel Capsules Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Softgel Capsules Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of softgel capsules as a preferred dosage form |
4.2.2 Growing demand for dietary supplements and nutraceuticals in Nigeria |
4.2.3 Rising prevalence of chronic diseases driving the need for convenient and easy-to-swallow medications |
4.3 Market Restraints |
4.3.1 Regulatory challenges related to the approval and registration of softgel capsules in Nigeria |
4.3.2 Price volatility of raw materials impacting production costs |
4.3.3 Limited availability of skilled labor for softgel capsule manufacturing |
5 Nigeria Softgel Capsules Market Trends |
6 Nigeria Softgel Capsules Market, By Types |
6.1 Nigeria Softgel Capsules Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Softgel Capsules Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Softgel Capsules Market Revenues & Volume, By Animal Based, 2021- 2031F |
6.1.4 Nigeria Softgel Capsules Market Revenues & Volume, By Non-animal Based, 2021- 2031F |
6.2 Nigeria Softgel Capsules Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Softgel Capsules Market Revenues & Volume, By Pharmaceutical, 2021- 2031F |
6.2.3 Nigeria Softgel Capsules Market Revenues & Volume, By Nutraceutical, 2021- 2031F |
6.2.4 Nigeria Softgel Capsules Market Revenues & Volume, By Other Applications, 2021- 2031F |
7 Nigeria Softgel Capsules Market Import-Export Trade Statistics |
7.1 Nigeria Softgel Capsules Market Export to Major Countries |
7.2 Nigeria Softgel Capsules Market Imports from Major Countries |
8 Nigeria Softgel Capsules Market Key Performance Indicators |
8.1 Percentage increase in the number of new product launches in the softgel capsules segment |
8.2 Growth in the number of partnerships and collaborations between softgel capsule manufacturers and pharmaceutical companies in Nigeria |
8.3 Percentage rise in the adoption of innovative technologies and formulations in softgel capsule production |
9 Nigeria Softgel Capsules Market - Opportunity Assessment |
9.1 Nigeria Softgel Capsules Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Softgel Capsules Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Softgel Capsules Market - Competitive Landscape |
10.1 Nigeria Softgel Capsules Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Softgel Capsules Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |