| Product Code: ETC8638754 | 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 |
In 2024, Nigeria`s yeast-based ingredients import market continued to be dominated by key exporters such as China, Metropolitan France, Netherlands, India, and Mexico. Despite a significant decline in both the Compound Annual Growth Rate (CAGR) and growth rate from 2023 to 2024, the Herfindahl-Hirschman Index (HHI) indicated a high level of market concentration. This suggests a competitive landscape where these top exporting countries play a crucial role in shaping the market dynamics for yeast-based ingredients in Nigeria. Monitoring shifts in market concentration and trends in import volumes will be essential for stakeholders to navigate this challenging environment effectively.

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 Yeast Based Ingredients Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Yeast Based Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Yeast Based Ingredients Market - Industry Life Cycle |
3.4 Nigeria Yeast Based Ingredients Market - Porter's Five Forces |
3.5 Nigeria Yeast Based Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Yeast Based Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Nigeria Yeast Based Ingredients Market Revenues & Volume Share, By Source, 2021 & 2031F |
4 Nigeria Yeast Based Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health benefits of yeast-based ingredients |
4.2.2 Growth in the food and beverage industry in Nigeria |
4.2.3 Rising demand for natural and clean label ingredients in food products |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials used in yeast-based ingredients production |
4.3.2 Lack of awareness and understanding of yeast-based ingredients among consumers |
4.3.3 Limited availability of skilled labor for yeast-based ingredient manufacturing |
5 Nigeria Yeast Based Ingredients Market Trends |
6 Nigeria Yeast Based Ingredients Market, By Types |
6.1 Nigeria Yeast Based Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Yeast Based Ingredients Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Yeast Based Ingredients Market Revenues & Volume, By Yeast Extracts, 2021- 2031F |
6.1.4 Nigeria Yeast Based Ingredients Market Revenues & Volume, By Autolyzed Yeast, 2021- 2031F |
6.1.5 Nigeria Yeast Based Ingredients Market Revenues & Volume, By Yeast Cell Wall, 2021- 2031F |
6.1.6 Nigeria Yeast Based Ingredients Market Revenues & Volume, By Yeast-Based Flavours, 2021- 2031F |
6.2 Nigeria Yeast Based Ingredients Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Yeast Based Ingredients Market Revenues & Volume, By Food, 2021- 2031F |
6.2.3 Nigeria Yeast Based Ingredients Market Revenues & Volume, By Feed & Pet Food, 2021- 2031F |
6.2.4 Nigeria Yeast Based Ingredients Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.5 Nigeria Yeast Based Ingredients Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Nigeria Yeast Based Ingredients Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Yeast Based Ingredients Market Revenues & Volume, By Bakers Yeast, 2021- 2031F |
6.3.3 Nigeria Yeast Based Ingredients Market Revenues & Volume, By Brewers Yeast, 2021- 2031F |
7 Nigeria Yeast Based Ingredients Market Import-Export Trade Statistics |
7.1 Nigeria Yeast Based Ingredients Market Export to Major Countries |
7.2 Nigeria Yeast Based Ingredients Market Imports from Major Countries |
8 Nigeria Yeast Based Ingredients Market Key Performance Indicators |
8.1 Percentage of food products in Nigeria incorporating yeast-based ingredients |
8.2 Number of new product launches containing yeast-based ingredients |
8.3 Growth in investments in research and development of yeast-based ingredients |
8.4 Adoption rate of yeast-based ingredients by food manufacturers |
9 Nigeria Yeast Based Ingredients Market - Opportunity Assessment |
9.1 Nigeria Yeast Based Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Yeast Based Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Nigeria Yeast Based Ingredients Market Opportunity Assessment, By Source, 2021 & 2031F |
10 Nigeria Yeast Based Ingredients Market - Competitive Landscape |
10.1 Nigeria Yeast Based Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Yeast Based Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |