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Yoghurt and Sour Milk Products in Nigeria

Publisher Euromonitor International
Published Sep 26, 2023
Length 19 Pages
SKU # EP18214955

Description

Yoghurt and Sour Milk Products in Nigeria


Yoghurt and sour milk products experience positive volume growth in 2023 despite prevailing economic challenges. The product area bounces back from negative volume growth observed in 2022, attributed to inflationary conditions that affected both consumer affordability and unit prices. Inflation persists throughout 2023, influencing the pace of recovery. Nonetheless, yoghurt emerges as a substitute snack and dairy option for many consumers seeking alternatives amidst soaring snack and dairy price...

Euromonitor International's Yoghurt and Sour Milk Products 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 2018-2022, 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 2027, clearly indicating how the market is expected to change.

Product coverage: Sour Milk Products, Yoghurt.

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

Why buy this report?
* Get a detailed picture of the Yoghurt and Sour Milk Products 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

19 Pages
Yoghurt and Sour Milk Products in Nigeria
Euromonitor International
September 2023
List Of Contents And Tables
YOGHURT AND SOUR MILK PRODUCTS IN NIGERIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Yoghurt witnesses positive volume growth in 2023
Drinking yoghurt: Pivotal in fulfilling perceived dairy needs
Spoonable varieties of yoghurt struggle due to currency depreciation's negative impact on imports
PROSPECTS AND OPPORTUNITIES
Population growth fuels demand for yoghurt and sour milk products
Drinking yoghurt's set to maintain momentum as an on-the-go nutritious choice
Growing competition and innovation propel consumer interest
CATEGORY DATA
Table 1 Sales of Yoghurt and Sour Milk Products by Category: Volume 2018-2023
Table 2 Sales of Yoghurt and Sour Milk Products by Category: Value 2018-2023
Table 3 Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2018-2023
Table 4 Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2018-2023
Table 5 NBO Company Shares of Yoghurt and Sour Milk Products: % Value 2019-2023
Table 6 LBN Brand Shares of Yoghurt and Sour Milk Products: % Value 2020-2023
Table 7 Distribution of Yoghurt and Sour Milk Products by Format: % Value 2018-2023
Table 8 Forecast Sales of Yoghurt and Sour Milk Products by Category: Volume 2023-2028
Table 9 Forecast Sales of Yoghurt and Sour Milk Products by Category: Value 2023-2028
Table 10 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2023-2028
Table 11 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2023-2028
DAIRY PRODUCTS AND ALTERNATIVES IN NIGERIA
EXECUTIVE SUMMARY
Dairy products and alternatives in 2023: The big picture
Key trends in 2023
Competitive Landscape
Channel developments
What next for dairy products and alternatives?
MARKET DATA
Table 12 Sales of Dairy Products and Alternatives by Category: Value 2018-2023
Table 13 Sales of Dairy Products and Alternatives by Category: % Value Growth 2018-2023
Table 14 NBO Company Shares of Dairy Products and Alternatives: % Value 2019-2023
Table 15 LBN Brand Shares of Dairy Products and Alternatives: % Value 2020-2023
Table 16 Distribution of Dairy Products and Alternatives by Format: % Value 2018-2023
Table 17 Forecast Sales of Dairy Products and Alternatives by Category: Value 2023-2028
Table 18 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources

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