| Product Code: ETC8623785 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite the decrease in the Compound Annual Growth Rate (CAGR) and growth rate in 2024, the Nigeria shrimp feed import market saw a diverse range of top exporting countries including Belgium, Germany, South Africa, China, and Greece. The low concentration of the Herfindahl-Hirschman Index (HHI) indicates a more competitive market landscape. Monitoring these trends can provide valuable insights for market players looking to capitalize on opportunities in the evolving shrimp feed import industry in Nigeria.

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 Shrimp Feed Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Shrimp Feed Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Shrimp Feed Market - Industry Life Cycle |
3.4 Nigeria Shrimp Feed Market - Porter's Five Forces |
3.5 Nigeria Shrimp Feed Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Shrimp Feed Market Revenues & Volume Share, By Ingredients, 2021 & 2031F |
3.7 Nigeria Shrimp Feed Market Revenues & Volume Share, By Additives, 2021 & 2031F |
4 Nigeria Shrimp Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Shrimp Feed Market Trends |
6 Nigeria Shrimp Feed Market, By Types |
6.1 Nigeria Shrimp Feed Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Shrimp Feed Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Shrimp Feed Market Revenues & Volume, By Grower, 2021- 2031F |
6.1.4 Nigeria Shrimp Feed Market Revenues & Volume, By Finisher, 2021- 2031F |
6.1.5 Nigeria Shrimp Feed Market Revenues & Volume, By Starter, 2021- 2031F |
6.2 Nigeria Shrimp Feed Market, By Ingredients |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Shrimp Feed Market Revenues & Volume, By Soybean Meal, 2021- 2031F |
6.2.3 Nigeria Shrimp Feed Market Revenues & Volume, By Fish Meal, 2021- 2031F |
6.2.4 Nigeria Shrimp Feed Market Revenues & Volume, By Wheat Flour, 2021- 2031F |
6.2.5 Nigeria Shrimp Feed Market Revenues & Volume, By Fish Oil, 2021- 2031F |
6.3 Nigeria Shrimp Feed Market, By Additives |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Shrimp Feed Market Revenues & Volume, By Vitamin and Protein, 2021- 2031F |
6.3.3 Nigeria Shrimp Feed Market Revenues & Volume, By Fatty Acid, 2021- 2031F |
6.3.4 Nigeria Shrimp Feed Market Revenues & Volume, By Antioxidant, 2021- 2031F |
6.3.5 Nigeria Shrimp Feed Market Revenues & Volume, By Feed Enzyme, 2021- 2031F |
6.3.6 Nigeria Shrimp Feed Market Revenues & Volume, By Antibiotics, 2021- 2031F |
7 Nigeria Shrimp Feed Market Import-Export Trade Statistics |
7.1 Nigeria Shrimp Feed Market Export to Major Countries |
7.2 Nigeria Shrimp Feed Market Imports from Major Countries |
8 Nigeria Shrimp Feed Market Key Performance Indicators |
9 Nigeria Shrimp Feed Market - Opportunity Assessment |
9.1 Nigeria Shrimp Feed Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Shrimp Feed Market Opportunity Assessment, By Ingredients, 2021 & 2031F |
9.3 Nigeria Shrimp Feed Market Opportunity Assessment, By Additives, 2021 & 2031F |
10 Nigeria Shrimp Feed Market - Competitive Landscape |
10.1 Nigeria Shrimp Feed Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Shrimp Feed 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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