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Agricultural Products in Nigeria

October 2020 | 38 pages | ID: A91C23CBF62EN
MarketLine

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Agricultural Products in Nigeria

Summary

Agricultural Products in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The agricultural products industry consists of the production of Cereals (such as wheat, rice, barley etc.), Nuts (almonds, hazelnuts, pistachios etc.), Oilcrops (cottonseed, groundnuts, olives etc.), Spices & Stimulants (coffee, hops, dry chilies etc.), Sugar (sugar cane, sugar beet etc.), Pulses (beans, peas, lentils etc.), Roots & Tubers (Potatoes, sweet potatoes, cassava etc.), Vegetables (cabbages, tomatoes, onions etc.), and Fruit (bananas, citrus fruits, berries etc.)
  • The Nigerian agricultural products industry had total revenues of $36.9bn in 2019, representing a compound annual growth rate (CAGR) of 15.2% between 2015 and 2019.
  • Industry consumption volume increased with a CAGR of 3% between 2015 and 2019, to reach a total of 95 million tonnes in 2019.
  • Nigeria benefits from large amounts of arable land and access to two of the largest rivers in Africa but historically the country’s agricultural products industry has suffered due to a lack of investment.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the agricultural products market in Nigeria
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the agricultural products market in Nigeria
  • Leading company profiles reveal details of key agricultural products market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria agricultural products market with five year forecasts
Reasons to Buy
  • What was the size of the Nigeria agricultural products market by value in 2019?
  • What will be the size of the Nigeria agricultural products market in 2024?
  • What factors are affecting the strength of competition in the Nigeria agricultural products market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Nigeria's agricultural products market?
1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive Landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value
3.2. Market volume

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast
5.2. Market volume forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the leading players?
7.2. What strategies do the leading players follow?

8 COMPANY PROFILES

8.1. Dangote Sugar Refinery Plc
8.2. Theobroma BV
8.3. FTN Cocoa Processors Plc
8.4. Flour Mills of Nigeria Plc

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

LIST OF TABLES

Table 1: Nigeria agricultural products market value: $ billion, 2015-19
Table 2: Nigeria agricultural products market volume: million tonnes, 2015-19
Table 3: Nigeria agricultural products market category segmentation: $ billion, 2019
Table 4: Nigeria agricultural products market geography segmentation: $ billion, 2019
Table 5: Nigeria agricultural products market value forecast: $ billion, 2019-24
Table 6: Nigeria agricultural products market volume forecast: million tonnes, 2019-24
Table 7: Dangote Sugar Refinery Plc: key facts
Table 8: Dangote Sugar Refinery Plc: Key Employees
Table 9: Theobroma BV: key facts
Table 10: FTN Cocoa Processors Plc: key facts
Table 11: FTN Cocoa Processors Plc: Key Employees
Table 12: Flour Mills of Nigeria Plc: key facts
Table 13: Flour Mills of Nigeria Plc: Key Employees
Table 14: Nigeria size of population (million), 2015-19
Table 15: Nigeria gdp (constant 2005 prices, $ billion), 2015-19
Table 16: Nigeria gdp (current prices, $ billion), 2015-19
Table 17: Nigeria inflation, 2015-19
Table 18: Nigeria consumer price index (absolute), 2015-19
Table 19: Nigeria exchange rate, 2015-18

LIST OF FIGURES

Figure 1: Nigeria agricultural products market value: $ billion, 2015-19
Figure 2: Nigeria agricultural products market volume: million tonnes, 2015-19
Figure 3: Nigeria agricultural products market category segmentation: % share, by value, 2019
Figure 4: Nigeria agricultural products market geography segmentation: % share, by value, 2019
Figure 5: Nigeria agricultural products market value forecast: $ billion, 2019-24
Figure 6: Nigeria agricultural products market volume forecast: million tonnes, 2019-24
Figure 7: Forces driving competition in the agricultural products market in Nigeria, 2019
Figure 8: Drivers of buyer power in the agricultural products market in Nigeria, 2019
Figure 9: Drivers of supplier power in the agricultural products market in Nigeria, 2019
Figure 10: Factors influencing the likelihood of new entrants in the agricultural products market in Nigeria, 2019
Figure 11: Factors influencing the threat of substitutes in the agricultural products market in Nigeria, 2019
Figure 12: Drivers of degree of rivalry in the agricultural products market in Nigeria, 2019

COMPANIES MENTIONED

Dangote Sugar Refinery Plc
Theobroma BV
FTN Cocoa Processors Plc
Flour Mills of Nigeria Plc


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