Cooking Ingredients and Meals in Nigeria
Cooking ingredients and meals is projected to be one of the better performing categories in packaged food in Nigeria, despite the poor economic situation and related weak consumer spending power in 2022. This is because cooking ingredients consists of some quite essential categories with limited or no substitutes. Population growth, especially in urban areas, also contributed to grow or maintain demand or limit any drop in retail volume sales. As consumers were forced by the difficult economic s...
Euromonitor International's Cooking Ingredients and Meals 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 2017-2021, 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 2026, clearly indicating how the market is expected to change.
Product coverage: Edible Oils, Meals and Soups, Sauces, Dips and Condiments, Sweet Spreads.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Cooking Ingredients and Meals 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.
- Cooking Ingredients and Meals in Nigeria
- Euromonitor International
- November 2022
- List Of Contents And Tables
- COOKING INGREDIENTS AND MEALS IN NIGERIA
- EXECUTIVE SUMMARY
- Cooking ingredients and meals in 2022: The big picture
- Key trends in 2022
- Competitive landscape
- Channel developments
- What next for cooking ingredients and meals?
- MARKET DATA
- Table 1 Sales of Cooking Ingredients and Meals by Category: Volume 2017-2022
- Table 2 Sales of Cooking Ingredients and Meals by Category: Value 2017-2022
- Table 3 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2017-2022
- Table 4 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2017-2022
- Table 5 NBO Company Shares of Cooking Ingredients and Meals: % Value 2018-2022
- Table 6 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2019-2022
- Table 7 Penetration of Private Label by Category: % Value 2017-2022
- Table 8 Distribution of Cooking Ingredients and Meals by Format: % Value 2017-2022
- Table 9 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2022-2027
- Table 10 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2022-2027
- Table 11 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2022-2027
- Table 12 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2022-2027
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources
- EDIBLE OILS IN NIGERIA
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- Population growth supports positive, if weak, retail volume sales growth in an essential category
- Strong value growth driven by high unit price increases
- Company activity supports positive growth performance
- PROSPECTS AND OPPORTUNITIES
- Edible oils to grow healthily in line with economic recovery and population growth
- “Other” edible oil to continue to drive the category performance
- Niche categories to perform well as consumers seek healthier options
- CATEGORY DATA
- Table 13 Sales of Edible Oils by Category: Volume 2017-2022
- Table 14 Sales of Edible Oils by Category: Value 2017-2022
- Table 15 Sales of Edible Oils by Category: % Volume Growth 2017-2022
- Table 16 Sales of Edible Oils by Category: % Value Growth 2017-2022
- Table 17 NBO Company Shares of Edible Oils: % Value 2018-2022
- Table 18 LBN Brand Shares of Edible Oils: % Value 2019-2022
- Table 19 Distribution of Edible Oils by Format: % Value 2017-2022
- Table 20 Forecast Sales of Edible Oils by Category: Volume 2022-2027
- Table 21 Forecast Sales of Edible Oils by Category: Value 2022-2027
- Table 22 Forecast Sales of Edible Oils by Category: % Volume Growth 2022-2027
- Table 23 Forecast Sales of Edible Oils by Category: % Value Growth 2022-2027
- MEALS AND SOUPS IN NIGERIA
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- Meals and soups declines in 2022 due to weak consumer spending power
- Soups sees big drop in retail volume sales during 2022 as consumers favour essentials
- High prices see consumers resort to home cooking and eschew ready meals
- PROSPECTS AND OPPORTUNITIES
- Economic recovery and time-poor consumers to expand the consumer base and drive growth potential
- Penetration of modern grocery retailers to help ready meals grow from a low base
- Soups is expected to continue to drive the overall performance as unit prices stabilise
- CATEGORY DATA
- Table 24 Sales of Meals and Soups by Category: Volume 2017-2022
- Table 25 Sales of Meals and Soups by Category: Value 2017-2022
- Table 26 Sales of Meals and Soups by Category: % Volume Growth 2017-2022
- Table 27 Sales of Meals and Soups by Category: % Value Growth 2017-2022
- Table 28 Distribution of Meals and Soups by Format: % Value 2017-2022
- Table 29 Forecast Sales of Meals and Soups by Category: Volume 2022-2027
- Table 30 Forecast Sales of Meals and Soups by Category: Value 2022-2027
- Table 31 Forecast Sales of Meals and Soups by Category: % Volume Growth 2022-2027
- Table 32 Forecast Sales of Meals and Soups by Category: % Value Growth 2022-2027
- SAUCES, DIPS AND CONDIMENTS IN NIGERIA
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- Perceived essential products perform well in 2022
- Competitive stock cubes and powders sees the highest retail volume and value growth
- Non-essential Western cooking and table sauces suffer drop in demand
- PROSPECTS AND OPPORTUNITIES
- Economic recovery and population growth to drive demand over the forecast period
- Pack and product varieties to continue to play a key role in stimulating interest
- Wider assortments and changes in diet to drive the demand for a number of products
- CATEGORY DATA
- Table 33 Sales of Sauces, Dips and Condiments by Category: Volume 2017-2022
- Table 34 Sales of Sauces, Dips and Condiments by Category: Value 2017-2022
- Table 35 Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2017-2022
- Table 36 Sales of Sauces, Dips and Condiments by Category: % Value Growth 2017-2022
- Table 37 NBO Company Shares of Sauces, Dips and Condiments: % Value 2018-2022
- Table 38 LBN Brand Shares of Sauces, Dips and Condiments: % Value 2019-2022
- Table 39 Distribution of Sauces, Dips and Condiments by Format: % Value 2017-2022
- Table 40 Forecast Sales of Sauces, Dips and Condiments by Category: Volume 2022-2027
- Table 41 Forecast Sales of Sauces, Dips and Condiments by Category: Value 2022-2027
- Table 42 Forecast Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2022-2027
- Table 43 Forecast Sales of Sauces, Dips and Condiments by Category: % Value Growth 2022-2027
- SWEET SPREADS IN NIGERIA
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- Poor consumer spending power and high price rises lead to volume sales decline
- Local brands help to limit the decline in demand for honey and nut and seed based spreads
- Small local grocers dominates distribution through convenience
- PROSPECTS AND OPPORTUNITIES
- Improving economic conditions and retail modernisation to boost the demand for sweet spreads
- Honey and nut and seed based spreads to continue to grow in popularity
- Search for novel complements for bread offer growth potential to jams and preserves and chocolate spreads
- CATEGORY DATA
- Table 44 Sales of Sweet Spreads by Category: Volume 2017-2022
- Table 45 Sales of Sweet Spreads by Category: Value 2017-2022
- Table 46 Sales of Sweet Spreads by Category: % Volume Growth 2017-2022
- Table 47 Sales of Sweet Spreads by Category: % Value Growth 2017-2022
- Table 48 NBO Company Shares of Sweet Spreads: % Value 2018-2022
- Table 49 LBN Brand Shares of Sweet Spreads: % Value 2019-2022
- Table 50 Distribution of Sweet Spreads by Format: % Value 2017-2022
- Table 51 Forecast Sales of Sweet Spreads by Category: Volume 2022-2027
- Table 52 Forecast Sales of Sweet Spreads by Category: Value 2022-2027
- Table 53 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2022-2027
- Table 54 Forecast Sales of Sweet Spreads by Category: % Value Growth 2022-2027