The infant food market size in Nigeria is projected to decrease from 29 grams per capita in 2024 to 26 grams per capita in 2028. This marks a steady year-on-year decline of approximately -3.4% from 2024 to 2028. The most recent 2-year trend shows a consistent decrease of about -3.6% per year. From 2024 to 2028, the compound annual growth rate (CAGR) reflects an average decline of around -2.7% per year.
Future trends to watch for:
• Anticipate a continued focus on affordable and nutritious options as economic factors impact purchasing power.
• Monitor policy changes and nutritional guidelines influencing market dynamics.
• Keep an eye on technological advancements in food production that could alter market trends.
