Oilseeds in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-23, 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
- Oilseeds are predominantly cultivated to obtain edible oils from their seeds. Oil can be obtained from Oilseeds by employing both mechanical and solvent-based extraction methods. Oilseeds are used in a variety of applications, including edible oils, animal feed, and industrial uses (biofuels). Both conventional and genetically modified oilseeds are within our scope.
- The Nigerian oilseeds market recorded revenues of $724.1 million in 2023, representing a compound annual growth rate (CAGR) of 1.1% between 2018 and 2023.
- The soybean segment accounted for the market's largest proportion in 2023, with total revenues of $183.5 million, equivalent to 25.3% of the market's overall value.
- The real GDP annual growth rate of Nigeria in 2023 stood at 2.5%, as per the most recent data analyzed by the analyst from the National Bureau of Statistics, Nigeria & the World Bank.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oilseeds market in Nigeria
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oilseeds market in Nigeria
- Leading company profiles reveal details of key oilseeds market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria oilseeds market with five year forecasts
Reasons to Buy
- What was the size of the Nigeria oilseeds market by value in 2023?
- What will be the size of the Nigeria oilseeds market in 2028?
- What factors are affecting the strength of competition in the Nigeria oilseeds market?
- How has the market performed over the last five years?
- What are the main segments that make up Nigeria's oilseeds market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Presco Plc
- Cargill, Incorporated
- Syngenta AG
