| Product Code: ETC8630670 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Nigerian nutricosmetics import market saw a significant shift in 2024, with top exporters such as the USA, India, Metropolitan France, UK, and South Africa dominating the market. The market concentration, as measured by the HHI, increased from high to very high in 2024, indicating a more consolidated market landscape. However, the market experienced a decline in both CAGR (-8.0%) and growth rate (-24.78%) from 2023 to 2024, suggesting potential challenges and changes in consumer preferences or market dynamics impacting the industry.

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 Nutricosmetics Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Nutricosmetics Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Nutricosmetics Market - Industry Life Cycle |
3.4 Nigeria Nutricosmetics Market - Porter's Five Forces |
3.5 Nigeria Nutricosmetics Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Nigeria Nutricosmetics Market Revenues & Volume Share, By Primary Function, 2021 & 2031F |
3.7 Nigeria Nutricosmetics Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Nigeria Nutricosmetics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the importance of beauty from within |
4.2.2 Growing demand for natural and organic beauty products |
4.2.3 Rise in disposable income leading to higher spending on personal care products |
4.3 Market Restraints |
4.3.1 Limited availability of nutricosmetics products in the market |
4.3.2 Lack of regulatory framework for nutricosmetics in Nigeria |
4.3.3 Cultural preferences for traditional beauty remedies over nutricosmetics |
5 Nigeria Nutricosmetics Market Trends |
6 Nigeria Nutricosmetics Market, By Types |
6.1 Nigeria Nutricosmetics Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Nutricosmetics Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Nigeria Nutricosmetics Market Revenues & Volume, By Supplements, 2021- 2031F |
6.1.4 Nigeria Nutricosmetics Market Revenues & Volume, By Beauty Beverages/Drinks, 2021- 2031F |
6.2 Nigeria Nutricosmetics Market, By Primary Function |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Nutricosmetics Market Revenues & Volume, By Skin Care, 2021- 2031F |
6.2.3 Nigeria Nutricosmetics Market Revenues & Volume, By Hair and Nail Care, 2021- 2031F |
6.2.4 Nigeria Nutricosmetics Market Revenues & Volume, By Weight Management, 2021- 2031F |
6.3 Nigeria Nutricosmetics Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Nutricosmetics Market Revenues & Volume, By Online, 2021- 2031F |
6.3.3 Nigeria Nutricosmetics Market Revenues & Volume, By Offline, 2021- 2031F |
7 Nigeria Nutricosmetics Market Import-Export Trade Statistics |
7.1 Nigeria Nutricosmetics Market Export to Major Countries |
7.2 Nigeria Nutricosmetics Market Imports from Major Countries |
8 Nigeria Nutricosmetics Market Key Performance Indicators |
8.1 Number of new product launches in the nutricosmetics segment |
8.2 Growth in the number of distribution channels offering nutricosmetics products |
8.3 Increase in consumer engagement through social media platforms for nutricosmetics awareness |
9 Nigeria Nutricosmetics Market - Opportunity Assessment |
9.1 Nigeria Nutricosmetics Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Nigeria Nutricosmetics Market Opportunity Assessment, By Primary Function, 2021 & 2031F |
9.3 Nigeria Nutricosmetics Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Nigeria Nutricosmetics Market - Competitive Landscape |
10.1 Nigeria Nutricosmetics Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Nutricosmetics 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.
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