+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Processed Fruit and Vegetables in Nigeria

  • PDF Icon

    Report

  • 22 Pages
  • November 2023
  • Region: Nigeria
  • Euromonitor International
  • ID: 3514537
Processed fruit and vegetables saw sharp volume decline in both retail and foodservice terms in 2023 as high inflation caused by local currency depreciation, Federal Government demonetisation policies and fuel price hikes led to substantial increases in unit prices and weakened consumer spending power. Many Nigerians tightened their belts, rationed, and prioritised essential staple foods, including fresh products.

The Processed Fruit and Vegetables 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 directly informs our forecasts to 2027, clearly indicating how the market is expected to change.

Product coverage: Frozen Processed Fruit and Vegetables, Shelf Stable Fruit and Vegetables.

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

Why buy this report?

  • Get a detailed picture of the Processed Fruit and Vegetables 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

PROCESSED FRUIT AND VEGETABLES IN NIGERIAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • High inflation leads to volume decline for processed fruit and vegetables in 2023
  • Shelf stable vegetables performs best, but still registers decline as local consumers reduce consumption
  • Imported processed fruit and vegetables suffer from local currency depreciation in 2023
PROSPECTS AND OPPORTUNITIES
  • Economic recovery is expected to boost category performance over the forecast period
  • Growing urban population and modernisation of retail will increase demand for processed fruit and vegetables
  • Processed vegetables will drive overall growth, while frozen processed potatoes will benefit from the novelty factor
CATEGORY DATA
  • Table 1 Sales of Processed Fruit and Vegetables by Category: Volume 2018-2023
  • Table 2 Sales of Processed Fruit and Vegetables by Category: Value 2018-2023
  • Table 3 Sales of Processed Fruit and Vegetables by Category: % Volume Growth 2018-2023
  • Table 4 Sales of Processed Fruit and Vegetables by Category: % Value Growth 2018-2023
  • Table 5 Sales of Frozen Processed Vegetables by Type: % Value Breakdown 2018-2023
  • Table 6 NBO Company Shares of Processed Fruit and Vegetables: % Value 2019-2023
  • Table 7 LBN Brand Shares of Processed Fruit and Vegetables: % Value 2020-2023
  • Table 8 Distribution of Processed Fruit and Vegetables by Format: % Value 2018-2023
  • Table 9 Forecast Sales of Processed Fruit and Vegetables by Category: Volume 2023-2028
  • Table 10 Forecast Sales of Processed Fruit and Vegetables by Category: Value 2023-2028
  • Table 11 Forecast Sales of Processed Fruit and Vegetables by Category: % Volume Growth 2023-2028
  • Table 12 Forecast Sales of Processed Fruit and Vegetables by Category: % Value Growth 2023-2028
STAPLE FOODS IN NIGERIA
EXECUTIVE SUMMARY
  • Staple foods in 2023: The big picture
  • Key trends in 2023
  • Competitive Landscape
  • Channel developments
  • What next for staple foods?
MARKET DATA
  • Table 13 Sales of Staple Foods by Category: Volume 2018-2023
  • Table 14 Sales of Staple Foods by Category: Value 2018-2023
  • Table 15 Sales of Staple Foods by Category: % Volume Growth 2018-2023
  • Table 16 Sales of Staple Foods by Category: % Value Growth 2018-2023
  • Table 17 NBO Company Shares of Staple Foods: % Value 2019-2023
  • Table 18 LBN Brand Shares of Staple Foods: % Value 2020-2023
  • Table 19 Penetration of Private Label by Category: % Value 2018-2023
  • Table 20 Distribution of Staple Foods by Format: % Value 2018-2023
  • Table 21 Forecast Sales of Staple Foods by Category: Volume 2023-2028
  • Table 22 Forecast Sales of Staple Foods by Category: Value 2023-2028
  • Table 23 Forecast Sales of Staple Foods by Category: % Volume Growth 2023-2028
  • Table 24 Forecast Sales of Staple Foods by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources