Global Nigeria Food and Drink Consumption Market Size, Share, Value, and Competitive Landscape 2018-2023
Summary - A
new market study, titled “2018-2023
Global Nigeria Food and Drink Consumption Market Report” has been featured on
Wise Guy Reports.
In
this report, LP Information covers the present scenario (with the base year
being 2017) and the growth prospects of global Nigeria Food and Drink market
for 2018-2023.
Food
is any substance consumed to provide nutritional support for the body. It is
usually of plant or animal origin, and contains essential nutrients, such as
fats, proteins, vitamins, or minerals.
The substance is ingested by an
organism and assimilated by the organism's cells to provide energy, maintain
life, or stimulate growth. Drinks, or beverages, are liquids intended for human
consumption. In addition to basic needs, beverages form part of the culture of
human society. Although all beverages, including juice, soft drinks, and
carbonated drinks, have some form of water in them, water itself is often not
classified as a beverage, and the word beverage has been recurrently defined as
not referring to water.
In this report, all the data of
food and drink market concluded Bread & Cereal,Fruits & Vegetable ,Fish
Products,Meat Products,Dairy Products,Oils & Fats,Beer & Wine,Soft
Drinks and Others(Snacks, Candy, Chocolate, Prepared meals, Grain mills and
starch products, etc)
With a rapidly increasing population
that currently stands at about 170 million, Nigeria possesses a potentially
dynamic consumer story. Rising spending power of the middle class will boost
the food and drink industry.
Nigeria produces a number of key
agricultural crops locally and is the world’s fourth largest cocoa grower. Per
capita food consumption is expected to grow strongly over the coming years.
Investment into the highly underdeveloped mass grocery retail industry will
increase. The wealthiest Nigerians will continue to fill their baskets with the
most expensive goods.
Beverage companies will continue
to invest in diversification away from carbonated beverages and into healthier
sub-sectors. Private equity companies will take a greater interest in emerging
market consumer assets. Companies with strong Emerging Market exposure will
continue to outperform. Multinationals will increasingly pursue frontier market
investments. Despite encouraging growth, per capita soft and alcoholic drinks
consumption remains low.
Over the next five years, LPI(LP
Information) projects that Nigeria Food and Drink will register a xx% CAGR in
terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a
comprehensive overview, market shares, and growth opportunities of Nigeria Food
and Drink market by product type, application, key manufacturers and key
regions.
To calculate the market size, LP
Information considers value and volume generated from the sales of the
following segments:
Segmentation by product type:
Bread & Cereal
Fruits & Vegetable
Fish Products
Meat Products
Dairy Products
Oils & Fats
Beer & Wine
Soft Drinks
Others
Segmentation by application:
Supermarkets
Traditional Markets
Conveniece Stores
Online Sales
This report also splits the market
by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the
market competition landscape and a corresponding detailed analysis of the major
vendor/manufacturers in the market. The key manufacturers covered in this report:
Friesland Wamco
Dangote Group
Nigerian Breweries
Coca Cola
Guinness
Nestle Nigeria
Unilever Nigeria
PZ Cussons
CHI Limited
UAC Foods
Cadbury Nigeria
SevenUp Bottling
SABMiller
Honeywell Flour Mills
De-United Foods
Promasidor
In addition, this report discusses
the key drivers influencing market growth, opportunities, the challenges and
the risks faced by key manufacturers and the market as a whole. It also
analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global
Nigeria Food and Drink consumption (value & volume) by key
regions/countries, product type and application, history data from 2013 to
2017, and forecast to 2023.
To understand the structure of Nigeria
Food and Drink market by identifying its various subsegments.
Focuses on the key global Nigeria
Food and Drink manufacturers, to define, describe and analyze the sales volume,
value, market share, market competition landscape, SWOT analysis and development
plans in next few years.
To analyze the Nigeria Food and
Drink with respect to individual growth trends, future prospects, and their
contribution to the total market.
To share detailed information
about the key factors influencing the growth of the market (growth potential,
opportunities, drivers, industry-specific challenges and risks).
To project the consumption of
Nigeria Food and Drink submarkets, with respect to key regions (along with
their respective key countries).
To analyze competitive developments
such as expansions, agreements, new product launches, and acquisitions in the
market.
To strategically profile the key
players and comprehensively analyze their growth strategies.
FOR MORE DETAILS: https://www.wiseguyreports.com/reports/3450644-2018-2023-global-nigeria-food-and-drink-consumption-market-report
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