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?
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.
Market value forecast
Market volume forecast
Market value forecast
Market volume forecast
Five Forces Analysis
Threat of substitutes
Degree of rivalry
Massmart Holdings Limited
Shoprite Holdings Ltd.
Related MarketLine research
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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