Agricultural Products in Nigeria

Agricultural Products in Nigeria

  • Products Id :- OHME5613
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  • Pages: 33
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Executive Summary

Agricultural Products in Nigeria industry profile provides top-line qualitative and quantitative information including: market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Nigeria agricultural products market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.


Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the agricultural products market in Nigeria

Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the agricultural products market in Nigeria

Leading company profiles reveal details of key agricultural products market players' global operations and financial performance

Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria agricultural products market with five year forecasts by both value and volume

Macroeconomic indicators provide insight into general trends within the Nigeria economy

Reasons To Buy

What was the size of the Nigeria agricultural products market by value in 2015?

What will be the size of the Nigeria agricultural products market in 2020?

What factors are affecting the strength of competition in the Nigeria agricultural products market?

How has the market performed over the last five years?

What are the main segments that make up Nigeria's agricultural products market?

Key Highlights

The agricultural products industry consists of the production of Cereals (such as wheat, rice, barley etc.), Nuts (almonds, hazelnuts, pistachios etc.), Oilcrops (cottonseed, groundnuts, olives etc.), Spices & Stimulants (coffee, hops, dry chilies etc.), Sugar (sugar cane, sugar beet etc.), Pulses (beans, peas, lentils etc.), Roots & Tubers (Potatoes, sweet potatoes, cassava etc.), Vegetables (cabbages, tomatoes, onions etc.), and Fruit (bananas, citrus fruits, berries etc.). All volumes are provided in tonnes and all values are calculated at producer prices.

The Nigerian agricultural products market is expected to generate total revenues of USD 64.2bn in 2015, representing a compound annual growth rate (CAGR) of 3.4% between 2011 and 2015.

Market production volume is forecast to increase with a CAGR of 5.1% between 2011-2015, to reach a total of 181.6 million tonnes in 2015.

Nigeria has been releasing funds into its agriculture sector and in 2015 announced USD 136.5m will be used to encourage farmers to plant more times per year to increase yields.

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Market value

Market value forecast

Market volume

Market volume forecast

Category segmentation

Geography segmentation

Market rivalry

Market Overview

Market definition

Market analysis

Market Data

Market value

Market volume

Market Segmentation

Category segmentation

Geography segmentation

Market Outlook

Market value forecast

Market volume forecast

Five Forces Analysis

Buyer power

Supplier power

New entrants

Threat of substitutes

Degree of rivalry

Leading Companies

Artee Group

Massmart Holdings Limited

Shoprite Holdings Ltd.

Macroeconomic Indicators

Country data


Industry associations

Related MarketLine research


About MarketLine

Figure 1: Nigeria agricultural products market value: USD billion, 2011-15

Figure 2: Nigeria agricultural products market volume: million Tonnes, 2011-15

Figure 3: Nigeria agricultural products market category segmentation: % share, by value, 2015

Figure 4: Nigeria agricultural products market geography segmentation: % share, by value, 2015

Figure 5: Nigeria agricultural products market value forecast: USD billion, 2015-20

Figure 6: Nigeria agricultural products market volume forecast: million Tonnes, 2015-20

Figure 7: Forces driving competition in the agricultural products market in Nigeria, 2015

Figure 8: Drivers of buyer power in the agricultural products market in Nigeria, 2015

Figure 9: Drivers of supplier power in the agricultural products market in Nigeria, 2015

Figure 10: Factors influencing the likelihood of new entrants in the agricultural products market in Nigeria, 2015

Figure 11: Factors influencing the threat of substitutes in the agricultural products market in Nigeria, 2015

Figure 12: Drivers of degree of rivalry in the agricultural products market in Nigeria, 2015

Figure 13: Massmart Holdings Limited: revenues & profitability

Figure 14: Massmart Holdings Limited: assets & liabilities

Figure 15: Shoprite Holdings Ltd.: revenues & profitability

Figure 16: Shoprite Holdings Ltd.: assets & liabilities

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