| Product Code: ETC8637771 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a decline in the growth rate of Nigeria`s vegan supplement import shipments in 2024, the market continues to be dominated by key exporters such as India, China, USA, Netherlands, and Metropolitan France. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting limited competition among suppliers. The negative Compound Annual Growth Rate (CAGR) from 2020-24 may be attributed to various factors, but the market remains attractive for international players looking to tap into Nigeria`s growing interest in vegan supplements.

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 Vegan Supplements Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Vegan Supplements Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Vegan Supplements Market - Industry Life Cycle |
3.4 Nigeria Vegan Supplements Market - Porter's Five Forces |
3.5 Nigeria Vegan Supplements Market Revenues & Volume Share, By Ingredient, 2021 & 2031F |
3.6 Nigeria Vegan Supplements Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Nigeria Vegan Supplements Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Nigeria Vegan Supplements Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing health consciousness and awareness about the benefits of vegan diets. |
4.2.2 Increase in disposable income leading to higher spending on health and wellness products. |
4.2.3 Rise in vegan population and demand for plant-based alternatives. |
4.3 Market Restraints |
4.3.1 Limited availability of vegan supplement options and distribution channels. |
4.3.2 High prices of vegan supplements compared to conventional supplements. |
4.3.3 Lack of regulations and standards specific to vegan supplements in Nigeria. |
5 Nigeria Vegan Supplements Market Trends |
6 Nigeria Vegan Supplements Market, By Types |
6.1 Nigeria Vegan Supplements Market, By Ingredient |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Vegan Supplements Market Revenues & Volume, By Ingredient, 2021- 2031F |
6.1.3 Nigeria Vegan Supplements Market Revenues & Volume, By Vitamins & Minerals, 2021- 2031F |
6.1.4 Nigeria Vegan Supplements Market Revenues & Volume, By Protein Supplements, 2021- 2031F |
6.1.5 Nigeria Vegan Supplements Market Revenues & Volume, By Omega-3 Fatty Acids, 2021- 2031F |
6.1.6 Nigeria Vegan Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Nigeria Vegan Supplements Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Vegan Supplements Market Revenues & Volume, By Capsules, 2021- 2031F |
6.2.3 Nigeria Vegan Supplements Market Revenues & Volume, By Tablets, 2021- 2031F |
6.2.4 Nigeria Vegan Supplements Market Revenues & Volume, By Powders, 2021- 2031F |
6.2.5 Nigeria Vegan Supplements Market Revenues & Volume, By Liquids, 2021- 2031F |
6.2.6 Nigeria Vegan Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Nigeria Vegan Supplements Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Vegan Supplements Market Revenues & Volume, By Offline, 2021- 2031F |
6.3.3 Nigeria Vegan Supplements Market Revenues & Volume, By Online, 2021- 2031F |
7 Nigeria Vegan Supplements Market Import-Export Trade Statistics |
7.1 Nigeria Vegan Supplements Market Export to Major Countries |
7.2 Nigeria Vegan Supplements Market Imports from Major Countries |
8 Nigeria Vegan Supplements Market Key Performance Indicators |
8.1 Percentage increase in the number of vegan restaurants and cafes in Nigeria. |
8.2 Growth in the number of online searches for vegan supplements in the region. |
8.3 Number of vegan supplement brands entering or expanding in the Nigerian market. |
9 Nigeria Vegan Supplements Market - Opportunity Assessment |
9.1 Nigeria Vegan Supplements Market Opportunity Assessment, By Ingredient, 2021 & 2031F |
9.2 Nigeria Vegan Supplements Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Nigeria Vegan Supplements Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Nigeria Vegan Supplements Market - Competitive Landscape |
10.1 Nigeria Vegan Supplements Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Vegan Supplements Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |