
Agricultural Products in Nigeria
Description
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
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
- 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
- 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?
Table of Contents
45 Pages
- 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
- List of Tables
- Table 1: Nigeria agricultural products market value: $ billion, 2018-23
- Table 2: Nigeria agricultural products market volume: million tonnes, 2018-23
- Table 3: Nigeria agricultural products market category segmentation: % share, by value, 2018-23
- Table 4: Nigeria agricultural products market category segmentation: $ billion, 2018-23
- Table 5: Nigeria agricultural products market geography segmentation: $ billion, 2023
- Table 6: Nigeria agricultural products market value forecast: $ billion, 2023-28
- Table 7: Nigeria agricultural products market volume forecast: million tonnes, 2023-28
- Table 8: Wilmar International Ltd: Key Facts
- Table 9: Wilmar International Ltd: Annual Financial Ratios
- Table 10: Wilmar International Ltd: Key Employees
- Table 11: Wilmar International Ltd: Key Employees Continued
- Table 12: SD Guthrie Bhd: Key Facts
- Table 13: SD Guthrie Bhd: Annual Financial Ratios
- Table 14: SD Guthrie Bhd: Key Employees
- Table 15: Sarawak Oil Palms Bhd: Key Facts
- Table 16: Sarawak Oil Palms Bhd: Annual Financial Ratios
- Table 17: Sarawak Oil Palms Bhd: Key Employees
- Table 18: FGV Holdings Bhd: Key Facts
- Table 19: FGV Holdings Bhd: Annual Financial Ratios
- Table 20: FGV Holdings Bhd: Key Employees
- Table 21: Nigeria Size of Population (million), 2019-23
- Table 22: Nigeria Real GDP (Constant 2010 Prices, $ Billion), 2019-23
- Table 23: Nigeria GDP (Current Prices, $ Billion), 2019-23
- Table 24: Nigeria Inflation, 2019-23
- Table 25: Nigeria Consumer Price Index (Absolute), 2019-23
- Table 26: Nigeria Exchange Rate, 2018-23
- List of Figures
- Figure 1: Nigeria agricultural products market value: $ billion, 2018-23
- Figure 2: Nigeria agricultural products market volume: million tonnes, 2018-23
- Figure 3: Nigeria agricultural products market category segmentation: $ billion, 2018-23
- Figure 4: Nigeria agricultural products market geography segmentation: % share, by value, 2023
- Figure 5: Nigeria agricultural products market value forecast: $ billion, 2023-28
- Figure 6: Nigeria agricultural products market volume forecast: million tonnes, 2023-28
- Figure 7: Forces driving competition in the agricultural products market in Nigeria, 2023
- Figure 8: Drivers of buyer power in the agricultural products market in Nigeria, 2023
- Figure 9: Drivers of supplier power in the agricultural products market in Nigeria, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the agricultural products market in Nigeria, 2023
- Figure 11: Factors influencing the threat of substitutes in the agricultural products market in Nigeria, 2023
- Figure 12: Drivers of degree of rivalry in the agricultural products market in Nigeria, 2023
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