| Product Code: ETC8620869 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Nigeria continued to depend on imports of casein & derivatives, with Germany, Ukraine, Latvia, China, and the UK being the top exporting countries. The high Herfindahl-Hirschman Index (HHI) suggests a concentrated market. The compound annual growth rate (CAGR) for 2020-24 was negative at -19.46%, indicating challenging market conditions. Furthermore, the growth rate from 2023-24 also showed a decline at -8.29%. These figures highlight the need for strategic adjustments and market diversification to navigate the complexities of the Nigerian casein import market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Casein & Derivatives Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Casein & Derivatives Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Casein & Derivatives Market - Industry Life Cycle |
3.4 Nigeria Casein & Derivatives Market - Porter's Five Forces |
3.5 Nigeria Casein & Derivatives Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Nigeria Casein & Derivatives Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Casein & Derivatives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health awareness leading to higher demand for protein-rich products like casein and derivatives. |
4.2.2 Growing population in Nigeria creating a larger consumer base for casein and its derivatives. |
4.2.3 Rising disposable income levels contributing to increased purchasing power for such products. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the overall production cost. |
4.3.2 Lack of awareness about the benefits of casein and derivatives among the general population. |
4.3.3 Inconsistent quality standards leading to concerns about product reliability. |
5 Nigeria Casein & Derivatives Market Trends |
6 Nigeria Casein & Derivatives Market, By Types |
6.1 Nigeria Casein & Derivatives Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Casein & Derivatives Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Nigeria Casein & Derivatives Market Revenues & Volume, By Casein, 2021- 2031F |
6.1.4 Nigeria Casein & Derivatives Market Revenues & Volume, By Casein Hydrolysates, 2021- 2031F |
6.1.5 Nigeria Casein & Derivatives Market Revenues & Volume, By Casein Derivatives, 2021- 2031F |
6.1.6 Nigeria Casein & Derivatives Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Nigeria Casein & Derivatives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Casein & Derivatives Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.2.3 Nigeria Casein & Derivatives Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.4 Nigeria Casein & Derivatives Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.2.5 Nigeria Casein & Derivatives Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.6 Nigeria Casein & Derivatives Market Revenues & Volume, By Paints & Coatings, 2021- 2031F |
7 Nigeria Casein & Derivatives Market Import-Export Trade Statistics |
7.1 Nigeria Casein & Derivatives Market Export to Major Countries |
7.2 Nigeria Casein & Derivatives Market Imports from Major Countries |
8 Nigeria Casein & Derivatives Market Key Performance Indicators |
8.1 Percentage of population engaged in fitness activities or sports, indicating a potential market for casein products. |
8.2 Number of new product launches in the casein and derivatives market, reflecting industry innovation and growth. |
8.3 Health and wellness trends in Nigeria influencing consumer preferences towards protein-rich products. |
9 Nigeria Casein & Derivatives Market - Opportunity Assessment |
9.1 Nigeria Casein & Derivatives Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Nigeria Casein & Derivatives Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Casein & Derivatives Market - Competitive Landscape |
10.1 Nigeria Casein & Derivatives Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Casein & Derivatives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here