Agricultural Products in Nigeria

November 2024 | 45 pages | ID: A91C23CBF62EN
MarketLine

Abstracts

Agricultural Products in Nigeria

Summary

Agricultural Products in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). 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 is segmented into cereals, oil crops, sugar, roots & tubers, vegetables, fruit, and others.
• The Nigerian agricultural products market recorded revenues of $35.3 billion in 2023, representing a negative compound annual growth rate (CAGR) of 5.2% between 2018 and 2023.
• Market production volume increased with a CAGR of 1.5% between 2018 and 2023, to reach a total of 103.9 million tonnes in 2023.
• According to GlobalData, in 2023, the production volume of agricultural products in the country grew 1.9% annually due to the expansion of the total harvested area. According to the Food and Agriculture Organization of the United Nations, in 2023, the tot

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 by both value and volume

Reasons to Buy

• What was the size of the Nigeria agricultural products market by value in 2023?
• What will be the size of the Nigeria agricultural products market in 2028?
• What factors are affecting the strength of competition in the Nigeria agricultural products market?
• How has the market performed over the last five years?
• Who are the top competitors in Nigeria's agricultural products market?

Contents

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 are the strengths of the leading players?
7.3. What strategies do the leading players follow?

8 COMPANY PROFILES

8.1. Wilmar International Ltd
8.2. SD Guthrie Bhd
8.3. Sarawak Oil Palms Bhd
8.4. FGV Holdings Bhd

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