Processed Meat, Seafood and Alternatives To Meat in Nigeria


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Processed Meat, Seafood and Alternatives To Meat in Nigeria

Although processed meat, seafood and alternatives to meat is seeing an improved performance relative to 2020, it continues to see slightly negative growth in volume terms in 2021, despite healthy looking retail value sales growth. This is mainly as a result of consumers struggling financially due to high inflation, which has resulted in household incomes declining. With consumers focusing on essential products, the demand for processed meat, seafood and alternatives to meat was therefore weak du...

Euromonitor International's Processed Meat, Seafood and Alternatives to Meat 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 2016-2020, 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 2025, clearly indicating how the market is expected to change.

Product coverage: Meat and Seafood Substitutes, Processed Meat, Processed Seafood, Tofu and Derivatives.

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

Why buy this report?
* Get a detailed picture of the Processed Meat, Seafood and Alternatives to Meat 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.


Processed Meat, Seafood and Alternatives To Meat in Nigeria
Euromonitor International
December 2021
List Of Contents And Tables
PROCESSED MEAT, SEAFOOD AND ALTERNATIVES TO MEAT IN NIGERIA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Decreasing household incomes leads to decline in demand during 2021
Demand for frozen processed poultry grows thanks to rising prices of fresh poultry in 2021
Distribution landscape changing in 2021 thanks to greater visibility and availability in modern grocery retailers
PROSPECTS AND OPPORTUNITIES
Sales expected to grow during the forecast period thanks to a recovering economy
Sales of frozen processed poultry set to rise as a cheaper alternative to fresh poultry
Affordability remains key for brands to gain volume share over the forecast period
CATEGORY DATA
Table 1 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Volume 2016-2021
Table 2 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Value 2016-2021
Table 3 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: % Volume Growth 2016-2021
Table 4 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: % Value Growth 2016-2021
Table 5 NBO Company Shares of Processed Meat, Seafood and Alternatives to Meat: % Value 2017-2021
Table 6 LBN Brand Shares of Processed Meat, Seafood and Alternatives to Meat: % Value 2018-2021
Table 7 Distribution of Processed Meat, Seafood and Alternatives to Meat by Format: % Value 2016-2021
Table 8 Forecast Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Volume 2021-2026
Table 9 Forecast Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Value 2021-2026
CHART 1 Staple Foods Value Sales Growth Scenarios: 2019-2026
CHART 2 Staple Foods Impact of Drivers on Value Sales: 2019-2026
STAPLE FOODS IN NIGERIA
EXECUTIVE SUMMARY
Staple foods in 2021: The big picture
Key trends in 2021
Competitive Landscape
Channel developments
What next for staple foods?
MARKET DATA
Table 10 Sales of Staple Foods by Category: Volume 2016-2021
Table 11 Sales of Staple Foods by Category: Value 2016-2021
Table 12 Sales of Staple Foods by Category: % Volume Growth 2016-2021
Table 13 Sales of Staple Foods by Category: % Value Growth 2016-2021
Table 14 NBO Company Shares of Staple Foods: % Value 2017-2021
Table 15 LBN Brand Shares of Staple Foods: % Value 2018-2021
Table 16 Distribution of Staple Foods by Format: % Value 2016-2021
Table 17 Forecast Sales of Staple Foods by Category: Volume 2021-2026
Table 18 Forecast Sales of Staple Foods by Category: Value 2021-2026
Table 19 Forecast Sales of Staple Foods by Category: % Volume Growth 2021-2026
Table 20 Forecast Sales of Staple Foods by Category: % Value Growth 2021-2026
DISCLAIMER
SOURCES
Summary 1 Research Sources

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