Product Code: ETC8637778 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
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 Vegetable Oil Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Vegetable Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Vegetable Oil Market - Industry Life Cycle |
3.4 Nigeria Vegetable Oil Market - Porter's Five Forces |
3.5 Nigeria Vegetable Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Vegetable Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Vegetable Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness and awareness about the benefits of using vegetable oil for cooking and food preparation. |
4.2.2 Growth in the food and beverage industry in Nigeria, leading to higher demand for vegetable oil as a key ingredient. |
4.2.3 Rising disposable income levels and changing consumer dietary preferences towards healthier cooking oils. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as soybeans, palm oil, and sunflower seeds, impacting the production cost of vegetable oil. |
4.3.2 Competition from other cooking oils like palm oil, coconut oil, and olive oil in the Nigerian market. |
4.3.3 Infrastructure challenges and logistical issues in the distribution and supply chain of vegetable oil products. |
5 Nigeria Vegetable Oil Market Trends |
6 Nigeria Vegetable Oil Market, By Types |
6.1 Nigeria Vegetable Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Vegetable Oil Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Vegetable Oil Market Revenues & Volume, By Sunflower Oil, 2021- 2031F |
6.1.4 Nigeria Vegetable Oil Market Revenues & Volume, By Rapeseed (Canola) Oil, 2021- 2031F |
6.1.5 Nigeria Vegetable Oil Market Revenues & Volume, By Soybean Oil, 2021- 2031F |
6.2 Nigeria Vegetable Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Vegetable Oil Market Revenues & Volume, By Food, 2021- 2031F |
6.2.3 Nigeria Vegetable Oil Market Revenues & Volume, By Feed, 2021- 2031F |
6.2.4 Nigeria Vegetable Oil Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Nigeria Vegetable Oil Market Import-Export Trade Statistics |
7.1 Nigeria Vegetable Oil Market Export to Major Countries |
7.2 Nigeria Vegetable Oil Market Imports from Major Countries |
8 Nigeria Vegetable Oil Market Key Performance Indicators |
8.1 Consumer awareness and perception surveys on the health benefits of vegetable oil. |
8.2 Number of new product launches and innovations in the vegetable oil market in Nigeria. |
8.3 Percentage growth in the number of food processing companies using vegetable oil as a primary ingredient. |
8.4 Sustainability practices adopted by vegetable oil manufacturers in Nigeria. |
8.5 Government regulations and policies promoting the production and consumption of vegetable oil in the country. |
9 Nigeria Vegetable Oil Market - Opportunity Assessment |
9.1 Nigeria Vegetable Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Vegetable Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Vegetable Oil Market - Competitive Landscape |
10.1 Nigeria Vegetable Oil Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Vegetable Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |