| 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 |
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.

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 |