As of 2023, the eggs market size volume in Nigeria stood at 599.2 thousand metric tons. The forecast data for 2024 to 2028 shows a consistent growth trajectory in the eggs market volume, with values increasing from 600.7 thousand metric tons in 2024 to 607.3 thousand metric tons by 2028.
Year-on-year variations are as follows:
- 2025: 0.28%
- 2026: 0.27%
- 2027: 0.28%
- 2028: 0.26%
The Compound Annual Growth Rate (CAGR) over the forecasted period from 2024 to 2028 is approximately 0.27%, indicating a steady yet moderate increase in the market size volume for eggs.
Future trends to watch for in the Nigerian eggs market include potential impacts of economic conditions, changes in consumer preferences, technological advancements in poultry farming, and government regulations affecting the agriculture sector. Monitoring these factors will be crucial for stakeholders to effectively navigate the evolving market dynamics.
