Forecast: Edible Offals Production in Nigeria

The production of edible offals in Nigeria has shown limited growth from 2014 to 2023. The levels fluctuated marginally, hovering between 134.0 and 138.0 thousand metric tons with a noteworthy dip in 2020. Year-on-year variation indicates minor adjustments, with notable percentage changes in 2015 (2.24%) and 2021 (5.26%). The compound annual growth rate (CAGR) over five years noted a modest 0.15%, reflecting the sector's sluggish growth. Production stood at 138.0 thousand metric tons in 2023, reflecting a stabilization post-2020's decline.

Future trends indicate a steady albeit gradual increase in production with forecasts suggesting a slight CAGR of 0.13% and a cumulative growth rate of 0.65% by 2028. Industry stakeholders should monitor factors such as government agricultural policies, technological advancements in meat processing, and consumer demand shifts that could further influence production trends.

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