Product Code: ETC187921 | Publication Date: May 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
The Nigeria Whey Protein Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 7.95% in 2027, following an initial rate of 6.75%, before easing to 5.69% at the end of the period.
The whey protein market in Nigeria is experiencing robust growth, fueled by the rising popularity of fitness and wellness trends among the country`s urban population. Whey protein, known for its high nutritional value and efficacy in muscle building and recovery, has gained significant traction among fitness enthusiasts, athletes, and health-conscious consumers. Market players are capitalizing on this trend by introducing a wide range of whey protein supplements and fortified food products, thereby expanding their market presence and driving revenue growth.
The Nigeria whey protein market is witnessing significant growth owing to various drivers. Firstly, the rising health and fitness consciousness among consumers, particularly among the younger demographic, is driving the demand for whey protein products as they are considered an effective supplement for muscle building and weight management. Moreover, the increasing adoption of whey protein by athletes and fitness enthusiasts to meet their protein requirements is further propelling market growth. Additionally, the growing popularity of sports nutrition products and the expanding retail distribution channels across Nigeria are contributing to the expansion of the whey protein market in the country.
One of the primary challenges in the Nigeria whey protein market is the relatively high cost of production and distribution. This often leads to elevated prices for consumers, limiting the accessibility of whey protein products, especially among the broader population.
In Nigeria, the government has implemented various policies to support the dairy industry, including initiatives targeting the production and processing of whey protein. The National Livestock Transformation Plan (NLTP) is one such program aimed at improving the productivity and efficiency of the livestock sector, which includes dairy farming. The government provides support through subsidies, technical assistance, and infrastructure development to enhance the quality and quantity of dairy products, including whey protein. Additionally, regulations and standards ensure product quality and safety, thereby fostering consumer confidence and market growth.
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 Whey Protein Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Whey Protein Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Whey Protein Market - Industry Life Cycle |
3.4 Nigeria Whey Protein Market - Porter's Five Forces |
3.5 Nigeria Whey Protein Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Whey Protein Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Whey Protein Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Whey Protein Market Trends |
6 Nigeria Whey Protein Market, By Types |
6.1 Nigeria Whey Protein Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Whey Protein Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Nigeria Whey Protein Market Revenues & Volume, By Whey Protein Isolates, 2021-2031F |
6.1.4 Nigeria Whey Protein Market Revenues & Volume, By Whey Protein Concentrates, 2021-2031F |
6.1.5 Nigeria Whey Protein Market Revenues & Volume, By Whey Protein Hydrolysates, 2021-2031F |
6.2 Nigeria Whey Protein Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Whey Protein Market Revenues & Volume, By Nutritional Supplements, 2021-2031F |
6.2.3 Nigeria Whey Protein Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.4 Nigeria Whey Protein Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.2.5 Nigeria Whey Protein Market Revenues & Volume, By Animal Feed & Pet Food, 2021-2031F |
7 Nigeria Whey Protein Market Import-Export Trade Statistics |
7.1 Nigeria Whey Protein Market Export to Major Countries |
7.2 Nigeria Whey Protein Market Imports from Major Countries |
8 Nigeria Whey Protein Market Key Performance Indicators |
9 Nigeria Whey Protein Market - Opportunity Assessment |
9.1 Nigeria Whey Protein Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Whey Protein Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Whey Protein Market - Competitive Landscape |
10.1 Nigeria Whey Protein Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Whey Protein Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |