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Chocolate Confectionery in Nigeria

July 2023 | 21 pages | ID: CC8851F3E86EN
Euromonitor International Ltd

US$ 990.00

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Volume sales in chocolate confectionery in Nigeria continue to trend downwards in 2023, following the considerable decline witnessed in 2022. The prevailing macroeconomic conditions in Nigeria, particularly rampant inflation, has persisted from 2022 into 2023, notably curbing consumers' purchasing power.

Euromonitor International's Chocolate Confectionery in Nigeria report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2018-2022, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2027, clearly indicating how the market is expected to change.

Product coverage: Boxed Assortments, Chocolate Pouches and Bags, Chocolate with Toys, Countlines, Other Chocolate Confectionery, Seasonal Chocolate, Tablets.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
  • Get a detailed picture of the Chocolate Confectionery market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.
Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.
CHOCOLATE CONFECTIONERY IN NIGERIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
2023 sees persistent decline in volume sales for chocolate confectionery
Value sales growth propelled by unit price increase
Local player D?ne stands out in 2023
PROSPECTS AND OPPORTUNITIES
Anticipated economic recovery to fuel demand
Novelty appeal caters to younger consumers
Intensified competition to be led by local players
CATEGORY DATA
Table 1 Sales of Chocolate Confectionery by Category: Volume 2018-2023
Table 2 Sales of Chocolate Confectionery by Category: Value 2018-2023
Table 3 Sales of Chocolate Confectionery by Category: % Volume Growth 2018-2023
Table 4 Sales of Chocolate Confectionery by Category: % Value Growth 2018-2023
Table 5 Sales of Chocolate Tablets by Type: % Value 2018-2023
Table 6 NBO Company Shares of Chocolate Confectionery: % Value 2019-2023
Table 7 LBN Brand Shares of Chocolate Confectionery: % Value 2020-2023
Table 8 Distribution of Chocolate Confectionery by Format: % Value 2018-2023
Table 9 Forecast Sales of Chocolate Confectionery by Category: Volume 2023-2028
Table 10 Forecast Sales of Chocolate Confectionery by Category: Value 2023-2028
Table 11 Forecast Sales of Chocolate Confectionery by Category: % Volume Growth 2023-2028
Table 12 Forecast Sales of Chocolate Confectionery by Category: % Value Growth 2023-2028
SNACKS IN NIGERIA
EXECUTIVE SUMMARY
Snacks in 2023: The big picture
Key trends in 2023
Competitive Landscape
Channel developments
What next for snacks?
MARKET DATA
Table 13 Sales of Snacks by Category: Volume 2018-2023
Table 14 Sales of Snacks by Category: Value 2018-2023
Table 15 Sales of Snacks by Category: % Volume Growth 2018-2023
Table 16 Sales of Snacks by Category: % Value Growth 2018-2023
Table 17 NBO Company Shares of Snacks: % Value 2019-2023
Table 18 LBN Brand Shares of Snacks: % Value 2020-2023
Table 19 Distribution of Snacks by Format: % Value 2018-2023
Table 20 Forecast Sales of Snacks by Category: Volume 2023-2028
Table 21 Forecast Sales of Snacks by Category: Value 2023-2028
Table 22 Forecast Sales of Snacks by Category: % Volume Growth 2023-2028
Table 23 Forecast Sales of Snacks by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources


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