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Wholesale and Retail of Food in Nigeria 2015

  • February 2015
  • -
  • Who Owns Whom
  • -
  • 74 pages

Nigeria’s US$99bn-a-year food retail sector is modernising rapidly. Shoppers with disposable income are swapping open-air markets for malls, convenience stores, supermarkets and online shopping. Despite vast infrastructural and distribution challenges for retailers, the formal food market is expected to continue encroaching heavily on the market share of the informal sector over the next few years. Foreign investors are attracted by Nigeria’s sizeable and growing middle class, which is the largest in Africa. In 2000, there were no supermarkets in the country

currently there are more than 30, and there is potential for further rapid penetration. Nigeria’s market leader in food retail is South Africa-based Shoprite, which obtained first-mover advantage when it opened its first store in Abuja in 2005 and envisions between 600 and 800 stores in the future.

Table Of Contents

Wholesale and Retail of Food in Nigeria 2015
1. INTRODUCTION 1
2. DESCRIPTION OF THE INDUSTRY 1
2.1. Industry Supply Chain 3
2.2. Geographic Position 5
3. SIZE OF THE INDUSTRY 6
4. STATE OF THE INDUSTRY 10
4.1. Local 10
4.1.1. Corporate Actions 13
4.1.2. Regulations 13
4.2. Continental 15
4.3. International 16
5. INFLUENCING FACTORS 18
5.1. Economic Environment 18
5.2. Lack of Infrastructure 19
5.3. Labour Resources 20
5.4. Information Technology 20
5.5. Environmental Concerns 21
6. COMPETITION 22
6.1. Barriers to Entry 23
6.2. Research and Development (RandD) 24
6.3. Innovation 24
7. SWOT ANALYSIS 25
8. OUTLOOK 25
9. INDUSTRY ASSOCIATIONS 26
10. REFERENCES 27
10.1. Publications 27
10.2. Websites 27
WHOLESALERS OF FOOD 29
Food Warehouse International Ltd 29
Leventis Foods Ltd 31
Massmart Holdings Ltd 33
Nestle Nigeria Plc 38
Promasidor Nigeria Ltd 40
PZ Cussons Nigeria Plc 41
UAC Foods Ltd 44
Unilever Nigeria Plc 46
Wigmore Trading Ltd 49
RETAILERS OF FOOD 50
Addide Supermarket Nigeria Ltd 50
Artee Industries Ltd 52
Food Warehouse International Ltd 54
Foodco Nigeria Ltd 56
Massmart Holdings Ltd 58
Multi-Pro Enterprise Ltd 63
Shoprite Holdings Ltd 65

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