Table of Contents
Food Retail in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value 2010-14, and forecast to 2019). 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 food retail market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
*The food retail market includes the retail sales of all food products, both packaged and unpackaged, as well as beverages (including retail sales of all alcoholic and non-alcoholic beverages). All on-trade sales of food and beverage are excluded. All currency conversions are calculated at constant average 2014 exchange rates.
*The Nigerian food retail industry had total revenues of $47.6bn in 2014, representing a compound annual growth rate (CAGR) of 11.7% between 2010 and 2014.
*Supermarkets / hypermarkets accounted for the largest proportion of sales in the Nigerian food retail industry in 2014. Sales through this channel generated $24.0bn, equivalent to 50.4% of the industry's overall value.
*Growth in this industry is largely being driven by the expansion of the modern retail sector in the country. What's more, increasing urbanization and rising incomes are contributing to a growing industry.
Save time carrying out entry-level research by identifying the size, growth, and leading players in the food retail market in Nigeria
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the food retail market in Nigeria
Leading company profiles reveal details of key food retail market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria food retail market with five year forecasts
Macroeconomic indicators provide insight into general trends within the Nigeria economy
Key Questions Answered
What was the size of the Nigeria food retail market by value in 2014?
What will be the size of the Nigeria food retail market in 2019?
What factors are affecting the strength of competition in the Nigeria food retail market?
How has the market performed over the last five years?
How large is Nigeria’s food retail market in relation to its regional counterparts?
Get Industry Insights. Simply.
Talk to Veronica
+1 718 514 2762
Plimsoll’s UK Food Retail - Northern Ireland (UK) analysis is the most definitive and accurate study of the Food Retail - Northern Ireland (UK) sector in 2016. The report is split into two sections and ...
Summary Food and Grocery Retail in Philippines industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile ...
Summary Verdict Retail's, "Food and Grocery Retail Sales (Channel and Segment Analytics) in Norway to 2020" combines retail (not on-trade) sales of soft drinks, hot drinks and alcoholic drinks within the ...