Nigeria Strips and Chips Market (2025-2031) | Forecast, Competitive Landscape, Share, Growth, Value, Size & Revenue, Outlook, Companies, Industry, Segmentation, Analysis, Trends

Market Forecast By Source Type (Brown, Red, Green), By Distribution Channel (Convenience Stores, Specialty Stores, Online, Supermarket and Hypermarket) And Competitive Landscape
Product Code: ETC8636239 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

Nigeria Strips And Chips Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Despite a decline in import shipments of strips and chips to Nigeria with a negative CAGR of -21.86% from 2020 to 2024, top exporting countries such as China, UK, South Africa, Metropolitan France, and USA maintained their strong presence. The High Herfindahl-Hirschman Index (HHI) indicates a highly concentrated market in 2024. A significant drop in the growth rate of -80.21% from 2023 to 2024 suggests a challenging year for the industry, possibly impacted by various external factors.

Nigeria Strips And Chips Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Nigeria Strips and Chips Market Outlook
  • Market Size of Nigeria Strips and Chips Market, 2024
  • Forecast of Nigeria Strips and Chips Market, 2031
  • Historical Data and Forecast of Nigeria Strips and Chips Revenues & Volume for the Period 2021- 2031
  • Nigeria Strips and Chips Market Trend Evolution
  • Nigeria Strips and Chips Market Drivers and Challenges
  • Nigeria Strips and Chips Price Trends
  • Nigeria Strips and Chips Porter's Five Forces
  • Nigeria Strips and Chips Industry Life Cycle
  • Historical Data and Forecast of Nigeria Strips and Chips Market Revenues & Volume By Source Type for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Strips and Chips Market Revenues & Volume By Brown for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Strips and Chips Market Revenues & Volume By Red for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Strips and Chips Market Revenues & Volume By Green for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Strips and Chips Market Revenues & Volume By Distribution Channel for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Strips and Chips Market Revenues & Volume By Convenience Stores for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Strips and Chips Market Revenues & Volume By Specialty Stores for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Strips and Chips Market Revenues & Volume By Online for the Period 2021- 2031
  • Historical Data and Forecast of Nigeria Strips and Chips Market Revenues & Volume By Supermarket and Hypermarket for the Period 2021- 2031
  • Nigeria Strips and Chips Import Export Trade Statistics
  • Market Opportunity Assessment By Source Type
  • Market Opportunity Assessment By Distribution Channel
  • Nigeria Strips and Chips Top Companies Market Share
  • Nigeria Strips and Chips Competitive Benchmarking By Technical and Operational Parameters
  • Nigeria Strips and Chips Company Profiles
  • Nigeria Strips and Chips Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Strips and Chips Market Overview

3.1 Nigeria Country Macro Economic Indicators

3.2 Nigeria Strips and Chips Market Revenues & Volume, 2021 & 2031F

3.3 Nigeria Strips and Chips Market - Industry Life Cycle

3.4 Nigeria Strips and Chips Market - Porter's Five Forces

3.5 Nigeria Strips and Chips Market Revenues & Volume Share, By Source Type, 2021 & 2031F

3.6 Nigeria Strips and Chips Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F

4 Nigeria Strips and Chips Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing urbanization and busy lifestyles leading to higher demand for convenient snack options like strips and chips

4.2.2 Growing popularity of snacking culture and western influence on consumer preferences

4.2.3 Rising disposable income and changing dietary habits favoring the consumption of snack products

4.3 Market Restraints

4.3.1 Health concerns related to high levels of salt, fat, and artificial additives in strips and chips

4.3.2 Intense competition among existing market players leading to price wars and margin pressure

4.3.3 Fluctuating raw material prices impacting production costs and profitability

5 Nigeria Strips and Chips Market Trends

6 Nigeria Strips and Chips Market, By Types

6.1 Nigeria Strips and Chips Market, By Source Type

6.1.1 Overview and Analysis

6.1.2 Nigeria Strips and Chips Market Revenues & Volume, By Source Type, 2021- 2031F

6.1.3 Nigeria Strips and Chips Market Revenues & Volume, By Brown, 2021- 2031F

6.1.4 Nigeria Strips and Chips Market Revenues & Volume, By Red, 2021- 2031F

6.1.5 Nigeria Strips and Chips Market Revenues & Volume, By Green, 2021- 2031F

6.2 Nigeria Strips and Chips Market, By Distribution Channel

6.2.1 Overview and Analysis

6.2.2 Nigeria Strips and Chips Market Revenues & Volume, By Convenience Stores, 2021- 2031F

6.2.3 Nigeria Strips and Chips Market Revenues & Volume, By Specialty Stores, 2021- 2031F

6.2.4 Nigeria Strips and Chips Market Revenues & Volume, By Online, 2021- 2031F

6.2.5 Nigeria Strips and Chips Market Revenues & Volume, By Supermarket and Hypermarket, 2021- 2031F

7 Nigeria Strips and Chips Market Import-Export Trade Statistics

7.1 Nigeria Strips and Chips Market Export to Major Countries

7.2 Nigeria Strips and Chips Market Imports from Major Countries

8 Nigeria Strips and Chips Market Key Performance Indicators

8.1 Consumer engagement metrics such as social media interactions, website visits, and online reviews

8.2 Market penetration rate in different regions or cities within Nigeria

8.3 Product innovation rate measured by the number of new flavors or variants introduced

8.4 Brand loyalty and customer retention rates through repeat purchases and loyalty program participation

9 Nigeria Strips and Chips Market - Opportunity Assessment

9.1 Nigeria Strips and Chips Market Opportunity Assessment, By Source Type, 2021 & 2031F

9.2 Nigeria Strips and Chips Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F

10 Nigeria Strips and Chips Market - Competitive Landscape

10.1 Nigeria Strips and Chips Market Revenue Share, By Companies, 2024

10.2 Nigeria Strips and Chips Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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