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Sauces, Dips and Condiments in Nigeria

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    Report

  • 26 Pages
  • December 2024
  • Region: Nigeria
  • Euromonitor International
  • ID: 1203467
Sauces, dips, and condiments has faced notable challenges in 2024 due to Nigeria's prevailing economic difficulties, including high inflation. Despite these obstacles, the category has managed to achieve marginal positive volume growth, as many of its products are essential cooking ingredients. However, rising unit prices, following sharp increases in 2023, have forced consumers to adapt their purchasing habits.

The Sauces, Dips and Condiments 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 2019-2023, 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 directly informs our forecasts to 2028, clearly indicating how the market is expected to change.

Product coverage: Cooking Ingredients and Condiments, Dips, Other Sauces and Condiments, Pickled Products, Sauces, Yeast-based Spreads.

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

Why buy this report?

  • Get a detailed picture of the Sauces, Dips and Condiments 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

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • Price sensitivity and its influence on consumer behaviour
  • Performance: Leaders and laggards
  • Innovation and competitive strategies
PROSPECTS AND OPPORTUNITIES
  • Mitigating challenges through innovation and diversification
  • Opportunities in urbanisation and evolving consumer preferences
  • Subcategories poised for growth and stability
CATEGORY DATA
  • Table 1 Sales of Sauces, Dips and Condiments by Category: Volume 2019-2024
  • Table 2 Sales of Sauces, Dips and Condiments by Category: Value 2019-2024
  • Table 3 Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2019-2024
  • Table 4 Sales of Sauces, Dips and Condiments by Category: % Value Growth 2019-2024
  • Table 5 Sales of Liquid Recipe Sauces by Type: % Value 2019-2024
  • Table 6 Sales of Other Sauces and Condiments by Type: Rankings 2019-2024
  • Table 7 NBO Company Shares of Sauces, Dips and Condiments: % Value 2020-2024
  • Table 8 LBN Brand Shares of Sauces, Dips and Condiments: % Value 2021-2024
  • Table 9 Distribution of Sauces, Dips and Condiments by Format: % Value 2019-2024
  • Table 10 Forecast Sales of Sauces, Dips and Condiments by Category: Volume 2024-2029
  • Table 11 Forecast Sales of Sauces, Dips and Condiments by Category: Value 2024-2029
  • Table 12 Forecast Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2024-2029
  • Table 13 Forecast Sales of Sauces, Dips and Condiments by Category: % Value Growth 2024-2029
COOKING INGREDIENTS AND MEALS IN NIGERIA
EXECUTIVE SUMMARY
  • Cooking Ingredients and Meals in 2023: The big picture
  • Key trends in 2023
  • Competitive Landscape
  • Channel developments
  • What next for Cooking Ingredients and Meals?
MARKET DATA
  • Table 14 Sales of Cooking Ingredients and Meals by Category: Volume 2019-2024
  • Table 15 Sales of Cooking Ingredients and Meals by Category: Value 2019-2024
  • Table 16 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2019-2024
  • Table 17 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2019-2024
  • Table 18 NBO Company Shares of Cooking Ingredients and Meals: % Value 2020-2024
  • Table 19 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2021-2024
  • Table 20 Penetration of Private Label by Category: % Value 2019-2024
  • Table 21 Distribution of Cooking Ingredients and Meals by Format: % Value 2019-2024
  • Table 22 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2024-2029
  • Table 23 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2024-2029
  • Table 24 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2024-2029
  • Table 25 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 1 Research Sources