Market Forecast By Product Types (Meat/Poultry Products, Cereal Based Products, Vegetables Based Products & Others), By Packaging Types (Sachet, Canned, Boxed, Frozen or Chilled & Others), By Distribution Channels (Hypermarkets/Supermarkets, Conveniences/Departmental Stores, Specialty Stores, Online Stores & Others) and Competitive Landscape
Product Code: ETC002685 | Publication Date: Nov 2022 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
According to 6Wresearch internal database and industry insights, Nigeria Ready-To-Eat Food Market is projected to expand at a compound annual growth rate (CAGR) of 5.3% from 2025–2031. The growth is supported by the increasing demand for time-saving food options, technological advancements in packaging.
Report Name | Nigeria Ready-To-Eat Food Market |
Forecast Period | 2025–2031 |
CAGR | 5.3% |
Growing Sector | Food Industry |
The Nigeria ready-to-eat food market report thoroughly covers the market by Product Types, Packaging Types, Distribution Channels, and Applications. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers to help stakeholders align their strategies with current and future market dynamics.
The Nigeria Ready-To-Eat Food Market growth has been steady across the country. Factors such as a growing workforce population, fast-paced urban lifestyles, and increasing demand for convenience food are further propelling the strong growth of the market. Additionally, the consumers' preferences are shifting towards quick, hassle-free meals that serve both nutrition along taste, driving by the busy lifestyle. Moreover, rising penetration of online grocery and modern retail channels is boosting the strong market expansion also shaping the market dynamics.
The Nigeria Ready-To-Eat Food Market is anticipated to grow at a CAGR of 5.3% during the forecast period 2025-2031. Several key drivers are driving the robust growth of the Nigeria Ready-To-Eat Food Market. Key drivers such as growth in urban working-class consumers, growing dual-income households, and evolving dietary preferences are propelling the demand for quick meals among people. Additionally, the rapid expansion of supermarkets, hypermarkets, and convenience stores is another key driver. The booming e-commerce sector is further contributing to strong distribution networks and supporting robust market growth. Moreover, rising consumer interest in ready-to-eat healthy meals and fortified options is also boosting the market expansion across the country.
Despite steady growth, the Nigeria Ready-To-Eat Food Market faces several challenges. Issues such as high competition from fresh food alternatives, concerns over preservatives, and fluctuating raw material prices pose a major challenge to the market growth. In rural areas, limited consumer awareness and storage infrastructure constraints further hamper the growth of the market. Moreover, inflation in packaging costs and health-related scepticism about processed food also impact the profitability and create a major barrier to the expansion of the market.
Several key trends are evolving the Nigeria Ready-To-Eat Food Market. The rising adoption of microwave-friendly and eco-friendly packaging and demand for plant-based RTE meals are the key trends supporting the growth of the market. Additionally, the growing focus on low-sugar and low-sodium products is another key trend propelling the demand. Premiumisation and clean-label product introductions are also gaining popularity among consumers. Moreover, social media and food delivery apps are playing a vital role in the robust expansion of the market.
The Nigeria ready to eat food industry offers various strong and promising investment opportunities for investors seeking long-term growth. Companies can stand out in the market by focusing on sustainable packaging solutions, cold chain logistics. Additionally, investors can collaborate with various brands and online grocery delivery platforms, encouraging long-term growth. Increasing product portfolios to include wellness foods, local flavours, and on-the-go meal boxes offers strong market potential. Moreover, Private label development is also gaining popularity as it offers strong opportunities related to the retail chain in the market.
Major companies in the Nigeria ready-to-eat food market include Tasty Tom, Mama’s Kitchen, Chops and Meals, Gusto Foods, and local players such as Iya Foods and Nija Foods. These brands leverage online platforms, retail distribution, and social media marketing to promote their products. They offer diverse product formats across the country.
According to Nigerian government data, the government has been launching various strict regulations in the Nigeria Ready-To-Eat Food Market. The government enforces various food safety standards under the Food Act 1983 and Food Regulations 1985, which support responsible market growth across the country. Additionally, labelling requirements, nutritional disclosures, and permissible preservatives are closely monitored by the regulatory bodies. Moreover, the role of Halal certification is significant in product acceptance, helping to build consumer trust in the brands. Overall, authorities are actively promoting healthy eating campaigns and local sourcing, boosting the market growth across the country.
The Nigeria ready-to-eat food market is poised for continuous growth in the future. Factors such as increasing demand for portion-controlled, healthy, and ethically packaged meals will likely support the robust growth of the market. Additionally, digital platforms and subscription-based meal services are expected to redefine consumer engagement in the upcoming years. Innovations in plant-based and allergen-free products will shape the market dynamics. Moreover, expansion into rural markets and smaller cities through retail and digital outreach will be projected to drive steady market expansion in the coming years.
The report offers a comprehensive study of the following market segments and their leading categories:
The meat and poultry ready-to-eat meals dominate the Nigeria ready-to-eat food market. Products include cooked chicken, beef, and processed meat dishes, which are highly preferred by urban households and corporate consumers.
According to Mansi Kaushik, Senior Research Analyst at 6Wresearch, Hypermarkets and supermarkets hold the largest Nigeria ready-to-eat food market share, due to their wide reach, product variety, and accessibility. These channels are popular among urban consumers seeking convenience and quality.
The Market report covers a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Nigeria Ready-to-Eat Food Market Overview |
3.1. Nigeria Ready-to-Eat Food Market Revenues, 2021-2031F |
3.2. Nigeria Ready-to-Eat Food Market – Industry Life Cycle |
3.3. Nigeria Ready-to-Eat Food Market – Porter’s Five Forces |
3.4. Nigeria Ready-to-Eat Food Market Revenue Share, By Product Types, 2021 & 2031F |
3.5. Nigeria Ready-to-Eat Food Market Revenue Share, By Packaging Types, 2021 & 2031F |
3.6. Nigeria Ready-to-Eat Food Market Revenue Share, By Distribution Channels, 2021 & 2031F |
3.7. Nigeria Ready-to-Eat Food Market Revenue Share, By Regions, 2021 & 2031F |
4. Nigeria Ready-to-Eat Food Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.2.1 Increasing urbanization and busy lifestyles leading to higher demand for convenient food options. |
4.2.2 Growing disposable income and changing consumer preferences towards ready-to-eat foods. |
4.2.3 Expansion of retail channels and online grocery platforms boosting accessibility to ready-to-eat food products. |
4.3. Market Restraints |
4.3.1 Competition from traditional homemade meals and local street food vendors. |
4.3.2 Concerns over the nutritional value and health implications of ready-to-eat foods. |
4.3.3 Infrastructure challenges and logistical issues impacting distribution and supply chain efficiency. |
5. Nigeria Ready-to-Eat Food Market Trends |
6. Nigeria Ready-to-Eat Food Market Overview, By Product Types |
6.1. Nigeria Meat/Poultry Ready-to-Eat Food Market Revenues, 2021-2031F |
6.2. Nigeria Cereal Based Ready-to-Eat Food Market Revenues, 2021-2031F |
6.3. Nigeria Vegetables Based Ready-to-Eat Food Market Revenues, 2021-2031F |
6.4. Nigeria Other Ready-to-Eat Food Market Revenues, 2021-2031F |
7. Nigeria Ready-to-Eat Food Market Overview, By Packaging Types |
7.1. Nigeria Sachet Packaging Ready-to-Eat Food Market Revenues, 2021-2031F |
7.2. Nigeria Boxed Packaging Ready-to-Eat Food Market Revenues, 2021-2031F |
7.3. Nigeria Canned Packaging Ready-to-Eat Food Market Revenues, 2021-2031F |
7.4. Nigeria Frozen or Chilled Packaging Ready-to-Eat Food Market Revenues, 2021-2031F |
7.5. Nigeria Other Packaging Ready-to-Eat Food Market Revenues, 2021-2031F |
8. Nigeria Ready-to-Eat Food Market Overview, By Distribution Channels |
8.1. Nigeria Ready-to-Eat Food Market Revenues, By Convenience/Departmental Stores, 2021-2031F |
8.2. Nigeria Ready-to-Eat Food Market Revenues, By Online Stores, 2021-2031F |
8.3. Nigeria Ready-to-Eat Food Market Revenues, By Specialty Stores, 2021-2031F |
8.4. Nigeria Ready-to-Eat Food Market Revenues, By Hypermarkets/Supermarkets, 2021-2031F |
8.5. Nigeria Ready-to-Eat Food Market Revenues, By Other Distribution Channels, 2021-2031F |
9. Nigeria Ready-to-Eat Food Market Overview, By Regions |
10. Nigeria Ready-to-Eat Food Market Key Performance Indicators |
10.1 Average order value of ready-to-eat food products. |
10.2 Customer retention rates for repeat purchases of ready-to-eat foods. |
10.3 Number of new product launches and innovations in the ready-to-eat food segment. |
10.4 Percentage of market share captured by ready-to-eat food brands in specific regions. |
10.5 Consumer satisfaction scores and feedback on the quality and taste of ready-to-eat food products. |
11. Nigeria Ready-to-Eat Food Market Opportunity Assessment |
11.1. Nigeria Ready-to-Eat Food Market Opportunity Assessment, By Product Types, 2021 & 2031F |
11.2. Nigeria Ready-to-Eat Food Market Opportunity Assessment, By Packaging Types, 2021 & 2031F |
11.3. Nigeria Ready-to-Eat Food Market Opportunity Assessment, By Distribution Channels, 2021 & 2031F |
12. Nigeria Ready-to-Eat Food Market Competitive Landscape |
12.1. Nigeria Ready-to-Eat Food Market Revenue Share, By Company, 2031F |
12.2. Nigeria Ready-to-Eat Food Market Competitive Benchmarking, By Technical Parameters |
13. Company Profiles |
14. Recommendations |
15. Disclaimer |
Market Forecast By Product Types (Meat/Poultry Products, Cereal Based Products, Vegetables Based Products & Others), By Packaging Types (Sachet, Canned, Boxed, Frozen or Chilled & Others), By Distribution Channels (Hypermarkets/Supermarkets, Conveniences/Departmental Stores, Specialty Stores, Online Stores & Others) and Competitive Landscape
Product Code: ETC002685 | Publication Date: May 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Nigeria Ready-to-Eat Food Market is expected to grow substantially over the coming years owing to the rise in ready-to-eat (RTE) food production coupled with an increase in demand for convenience food products. However, a decrease in disposable income of the consumer in the first three quarters of 2020, mainly due to the outbreak of the COVID-19 virus would act as a hurdle in the growth of Nigeria's ready-to-eat food market in the near term.
According to 6Wresearch, Nigeria Ready-to-Eat Food Market is anticipated to register growth during 2020-2026. By product types, cereal and vegetables-based products such as whole wheat biscuits, oats, porridge, muesli, and grits are anticipated to witness substantial growth in the Nigeria ready-to-eat food market in the upcoming years due to change in food consumption behavior among consumers. The increasing trend for the consumption of organic and healthy foods in recent years has boosted the demand for the aforementioned products in Nigeria. However, volatility in the price of raw materials including vegetables and cereals, and the imposition of VAT on the packed food is expected to increase the price of ready-to-eat foods thereby acting as a restraint for Nigeria ready-to-eat food market in the years to come.
By distribution channels, conveniences/departmental stores retail stores are expected to register exponential growth during the forecast period (2020-2026F) as Nigeria’s retail market is still untapped. The government of Nigeria has come up with an initiative to reduce the cost of rent for retailers and encourage the development of more functional stores across the country. Further, Real Estate Investment Trust is encouraging foreign investors to invest in Nigeria’s retail sector development program, and also providing long-term finance for the retail sector development. Thus, the expansion of conveniences/departmental stores in the country would create ample demand for ready-to-eat food products in the coming years.
The Nigeria Ready-to-Eat Food market report thoroughly covers the market by product types, packaging types, distribution channels, and regions. Nigeria Ready-to-Eat Food market outlook report provides an unbiased and detailed analysis of the on-going Nigeria Ready-to-Eat Food market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
Markets Covered
The Nigeria Ready-to-Eat Food Market report provides a detailed analysis of the following market segments:
By Product Types
By Packaging Types
By Distribution Channels
Other Key Reports Available: