
Savoury Snacks in Nigeria
Description
Value sales of savoury snacks in Nigeria are set to increase in 2025, with volume sales also recording an improved performance compared to 2024 as inflationary pressures begin to ease. In 2024, savoury snacks experienced a decline in volume sales despite strong value growth, driven by a sharp rise in average unit prices, almost 50%, following a significant depreciation of the local currency. This raised production costs and weakened consumer spending power.
Euromonitor International's Savoury Snacks 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 2020-2024, 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 currently shaping the market along with prospects for the next five years, clearly indicating how the market is expected to change.
Product coverage: Meat Snacks, Nuts, Seeds and Trail Mixes, Other Savoury Snacks, Popcorn, Pretzels, Salty Snacks, Savoury Biscuits, Seafood Snacks.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Savoury Snacks 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's Savoury Snacks 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 2020-2024, 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 currently shaping the market along with prospects for the next five years, clearly indicating how the market is expected to change.
Product coverage: Meat Snacks, Nuts, Seeds and Trail Mixes, Other Savoury Snacks, Popcorn, Pretzels, Salty Snacks, Savoury Biscuits, Seafood Snacks.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Savoury Snacks 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.
Table of Contents
24 Pages
- Savoury Snacks in Nigeria
- Euromonitor International
- July 2025
- List Of Contents And Tables
- SAVOURY SNACKS IN NIGERIA
- KEY DATA FINDINGS
- 2025 DEVELOPMENTS
- Local innovation and affordability drive growth in savoury snacks in 2025
- Beloxxi Industries retains its lead, while Newbisco records share through Kemps Cream Crackers
- Small local grocers remain dominant in savoury snacks amid economic pressures
- PROSPECTS AND OPPORTUNITIES
- Economic recovery and local innovation is expected to boost growth for savoury snacks
- Competition and innovation are expected to drive sales of savoury snacks in Nigeria
- Health positioning, local sourcing and a movement away from sugar should benefit savoury snacks
- Summary 1 Other Savoury Snacks by Product Type: 2025
- CATEGORY DATA
- Table 1 Sales of Savoury Snacks by Category: Volume 2020-2025
- Table 2 Sales of Savoury Snacks by Category: Value 2020-2025
- Table 3 Sales of Savoury Snacks by Category: % Volume Growth 2020-2025
- Table 4 Sales of Savoury Snacks by Category: % Value Growth 2020-2025
- Table 5 NBO Company Shares of Savoury Snacks: % Value 2021-2025
- Table 6 LBN Brand Shares of Savoury Snacks: % Value 2022-2025
- Table 7 Distribution of Savoury Snacks by Format: % Value 2020-2025
- Table 8 Forecast Sales of Savoury Snacks by Category: Volume 2025-2030
- Table 9 Forecast Sales of Savoury Snacks by Category: Value 2025-2030
- Table 10 Forecast Sales of Savoury Snacks by Category: % Volume Growth 2025-2030
- Table 11 Forecast Sales of Savoury Snacks by Category: % Value Growth 2025-2030
- SNACKS IN NIGERIA
- EXECUTIVE SUMMARY
- Snacks in 2025: The big picture
- Key trends in 2025
- Competitive Landscape
- Channel developments
- What next for snacks?
- MARKET DATA
- Table 12 Sales of Snacks by Category: Volume 2020-2025
- Table 13 Sales of Snacks by Category: Value 2020-2025
- Table 14 Sales of Snacks by Category: % Volume Growth 2020-2025
- Table 15 Sales of Snacks by Category: % Value Growth 2020-2025
- Table 16 NBO Company Shares of Snacks: % Value 2021-2025
- Table 17 LBN Brand Shares of Snacks: % Value 2022-2025
- Table 18 Penetration of Private Label by Category: % Value 2020-2025
- Table 19 Distribution of Snacks by Format: % Value 2020-2025
- Table 20 Forecast Sales of Snacks by Category: Volume 2025-2030
- Table 21 Forecast Sales of Snacks by Category: Value 2025-2030
- Table 22 Forecast Sales of Snacks by Category: % Volume Growth 2025-2030
- Table 23 Forecast Sales of Snacks by Category: % Value Growth 2025-2030
- DISCLAIMER
- SOURCES
- Summary 2 Research Sources
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