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Nigeria Ginger Market- Trend Analysis & Forecasts

Published Dec 08, 2024
Length 145 Pages
SKU # STLE20378863

Description

Nigeria Ginger Market Overview:
Nigeria is one of the world’s top producers and exporters of ginger, with an estimated output of ** thousand tonnes in 2023, ranking third globally after India and China. The country’s ginger belt spans across Kaduna, Nasarawa, Gombe, and Bauchi states, with Kaduna alone contributing nearly **% of national production. Nigeria’s ginger market is primarily export-oriented, with about **% of the output directed to foreign markets, particularly India, the UAE, Bangladesh, and the U.S. Dried split ginger is the dominant export product, although interest in value-added forms like powder, oil, and oleoresins is rising.

Primary Areas/ Elements of Research & Analysis
The report provides comprehensive and valuable insights into the supply and demand dynamics of the Nigeria ginger market. Below are the variables considered and analyzed in the report:
• Supply-demand trends, market growth, and trade
• Market structure, conduct, and performance analysis
• Historical and forecasted market size (volume & value)
• Trade analysis (export & import), including key partners, quantities, values, and price trends
• Supply chain mapping, pricing, and regulatory framework
• Competitive landscape profiling of key players
• Factors influencing market performance, including sustainability trends

Market Growth Factors
The Nigeria ginger market is projected to grow at a CAGR of **% from 2024 to 2030, driven by increasing global demand for natural health ingredients and functional foods. Nigerian ginger is prized for its high oil content—ranging between **% and **%—which makes it suitable for pharmaceutical and nutraceutical applications. In 2023, Nigeria earned over US$ ** million from ginger exports, up **% year-on-year. Domestically, the market is expanding due to rising use in traditional medicine, beverages, and confectionery. Government support through programs like the Anchor Borrowers’ Programme (ABP) is helping smallholder farmers access improved seeds and irrigation facilities, further supporting output growth.

Market Restraints & Challenges
Despite favorable demand trends, Nigeria’s ginger sector faces key constraints. Infrastructural deficiencies in roads, storage, and drying facilities result in significant post-harvest losses—estimated at **–**%. The lack of proper processing units and standardization hinders Nigeria’s ability to penetrate premium markets such as the EU and North America with processed or certified organic ginger. Furthermore, fluctuations in weather patterns, including prolonged dry spells or unseasonal rains, impact yields, especially for rainfed farms. Price volatility is another concern: domestic ginger prices fluctuated between US$ ** and US$ ** per kg in 2023 due to inconsistent supply and export logistics disruptions at Lagos and Onne ports.

Market Segmentation
The market is segmented by product type, form, and end use. By product type, fresh ginger and dried split ginger dominate, with dried forms making up over **% of total production. Ginger powder, ginger oil, and oleoresin products represent emerging segments, growing at more than **% annually. By end use, the export sector comprises around **% of demand, while domestic consumption is spread across food & beverages (**%), traditional medicine (**%), and cosmetics (**%). Organic ginger production remains low, accounting for less than **% of total output, but demand for certified ginger is rising in European and Asian health-focused markets.

Competitive Landscape
The Nigerian ginger market includes a mix of smallholder producers, cooperatives, exporters, and agro-processing firms. Key players include AACE Foods, Nasarawa Ginger Farmers’ Cooperative, and Springfield Agro. These firms are involved in contract farming, processing, and export facilitation. Exporters often rely on middlemen who aggregate produce from small-scale farmers, a model that limits transparency and traceability. Investment in backward integration is increasing, with companies setting up washing, drying, and grinding units to supply ready-to-use ginger to global clients. However, Nigeria still lacks large-scale, export-certified ginger processing infrastructure, which remains a bottleneck in achieving value addition and higher export margins.

Outlook
By 2030, Nigeria’s ginger production is projected to exceed ** million tonnes annually, supported by expanded cultivated area, mechanization, and adoption of climate-resilient varieties. Export revenues are expected to surpass US$ ** million, with increasing penetration in Europe and East Asia. The domestic market will also grow in tandem, fueled by demand for natural health remedies and the rise of local ginger-infused products. Key developments likely to shape the market include the establishment of agro-processing zones in Kaduna and Nasarawa and public-private initiatives to standardize quality and improve supply chain efficiencies. With the right policy and investment mix, Nigeria is positioned to become a leading global hub for premium ginger products.

Scope of the Report:
• Historical Years: 2015-2022
• Base Year: 2023
• Forecast Period: 2024-2030
• Units: Value (US$ Million) and Volume (Thousand Tonnes)
• Report Coverage: Production, Consumption, Export, and Import
• Segments Covered:
By Type (Fresh and Dried)
By Products (Ginger Raw and Processed Ginger Products)
By Sales (Domestic Sale and Exports)
• Companies Profiled: The market players include, AACE Foods, Nasarawa Ginger Farmers’ Cooperative, Springfield Agro, and Others.

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Table of Contents

145 Pages
1. Executive Summary
2. Introduction
2.1. Objectives & Scope of the Study
2.2. Definitions & Economic Importance
2.3. Research Methodology
2.4. Key Factors and Decision Matrix Evaluation
2.5. Limitations & Challenges
3. Product/ Market Overview
3.1. Nigeria Ginger Supply Chain Overview
3.2. Processing & Grading Standards
3.3. End-use Market Applications
3.4. Regulatory Framework & Quality Certification Analysis
4. Nigeria: Country Profile
5. Global Market: An Overview
6. Market Growth Factors Analysis
6.1. Drivers and Restraints
6.2. Challenges and Opportunities
6.3. Nigeria Ginger Industry SWOT Analysis
6.4. Nigeria Ginger Market PESTEL Analysis
6.5. Nigeria Ginger Market Porter's Five Forces analysis
6.6. Strategic Levers & Policy Landscape
6.7. Disruptive Trends to Watch
7. Supply-Demand Analysis
7.1. Nigeria Ginger Production Trends
7.2. Processing Capacity & Infrastructure
7.3. Domestic Consumption Trends
7.4. Import/Export Demand
7.5. Value Chain Economics & Margins
7.6. Ginger Product Variants/Derivatives
8. Nigeria Ginger Market: Segmentation Analysis
8.1. By Type
8.1.1. Fresh
8.1.2. Dried
8.2. By Products
8.2.1. Ginger Raw
8.2.2. Processed Ginger Products
8.3. By Sales
8.3.1. Domestic Sales
8.3.2. Exports
9. Trade Analysis (Export & Import)
9.1. Historical Trade Trend (Volume & Value)
9.2. Top Importing/Exporting Countries
9.3. Tariff Structures & Trade Agreements
9.4. Leading Exporting Companies
9.5. Major Global Buyers (Importers/Distributors)
9.6. Logistics & Customs Challenges
10. Price Analysis
10.1. Key Price Influencing Factors
10.2. Seasonality & Historical Volatility
10.3. Domestic Market Price Trends
10.4. Trade Price Trends
11. Competitive Landscape
11.1. Competitive Mapping
11.2. Company Profiles
11.2.1. Olam Nigeria Ltd.
11.2.2. Touton S.A.
11.2.3. JM Goma International Limited
11.2.4. Comex Global Ltd.
11.2.5. Horizon Organic Spices Ltd.
12. Conclusion
13. Appendix
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