Nigeria Snacks Market (2025-2031) | Analysis, Industry, Share, Companies, Value, Outlook, Size & Revenue, Trends, Forecast, Growth, Competitive Landscape, Segmentation

Name: Nigeria Snacks Market (2025-2031) | Analysis & Industry
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Snacks Market, Nigeria Snacks Market, Nigeria Snacks Market Revenues, Nigeria Snacks Market Share, Nigeria Snacks Market Size, Nigeria Snacks Market Outlook, Nigeria Snacks Market Report, Nigeria Snacks Market Competition, Nigeria Snacks Market Overview, Nigeria Snacks Market Trends, Nigeria Snacks Market Forecast

Market Forecast By Product type (Crisps/chips, Nachos, Pretzels, Tortillas, Biscuits/crackers, RTE popcorn, Others (puffs, fries, curls, and crunchies)), By Product category (Regular snacks, Cheese based snacks), By Flavor (Regular/standard, Single flavored, Blended flavor), By Nature (Organic, Conventional), By Packaging size (< 10 OZ, 10 - 20 OZ, 21 - 30 OZ, > 30 OZ), By Price (Regular, Premium), By Brand (Branded, Private label), By Packaging (Pouches, Bags, Cans, Cardboard boxes, Others) And Competitive Landscape

Product Code: ETC8635561	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

Nigeria Snacks Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Nigeria continued to rely on imports for its snack market, with China, Netherlands, South Africa, India, and Kenya being the top exporters. Despite a high concentration of imports, the industry experienced a declining Compound Annual Growth Rate (CAGR) of -3.21% from 2020 to 2024. The growth rate for 2023-24 saw a sharp decline of -50.12%, indicating potential challenges in the market. The dominance of these key exporting countries suggests a competitive landscape that may require strategic adjustments to drive growth and competitiveness in the Nigerian snack market.

Nigeria Snacks Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Nigeria Snacks Market Outlook
Market Size of Nigeria Snacks Market, 2024
Forecast of Nigeria Snacks Market, 2031
Historical Data and Forecast of Nigeria Snacks Revenues & Volume for the Period 2021- 2031
Nigeria Snacks Market Trend Evolution
Nigeria Snacks Market Drivers and Challenges
Nigeria Snacks Price Trends
Nigeria Snacks Porter's Five Forces
Nigeria Snacks Industry Life Cycle
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Product type for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Crisps/chips for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Nachos for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Pretzels for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Tortillas for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Biscuits/crackers for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By RTE popcorn for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Others (puffs, fries, curls, and crunchies) for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Product category for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Regular snacks for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Cheese based snacks for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Flavor for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Regular/standard for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Single flavored for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Blended flavor for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Nature for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Organic for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Conventional for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Packaging size for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By < 10 OZ for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By 10 - 20 OZ for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By 21 - 30 OZ for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By > 30 OZ for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Price for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Regular for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Premium for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Brand for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Branded for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Private label for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Packaging for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Pouches for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Bags for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Cans for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Cardboard boxes for the Period 2021- 2031
Historical Data and Forecast of Nigeria Snacks Market Revenues & Volume By Others for the Period 2021- 2031
Nigeria Snacks Import Export Trade Statistics
Market Opportunity Assessment By Product type
Market Opportunity Assessment By Product category
Market Opportunity Assessment By Flavor
Market Opportunity Assessment By Nature
Market Opportunity Assessment By Packaging size
Market Opportunity Assessment By Price
Market Opportunity Assessment By Brand
Market Opportunity Assessment By Packaging
Nigeria Snacks Top Companies Market Share
Nigeria Snacks Competitive Benchmarking By Technical and Operational Parameters
Nigeria Snacks Company Profiles
Nigeria Snacks Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Snacks Market Overview

3.1 Nigeria Country Macro Economic Indicators

3.2 Nigeria Snacks Market Revenues & Volume, 2021 & 2031F

3.3 Nigeria Snacks Market - Industry Life Cycle

3.4 Nigeria Snacks Market - Porter's Five Forces

3.5 Nigeria Snacks Market Revenues & Volume Share, By Product type, 2021 & 2031F

3.6 Nigeria Snacks Market Revenues & Volume Share, By Product category, 2021 & 2031F

3.7 Nigeria Snacks Market Revenues & Volume Share, By Flavor, 2021 & 2031F

3.8 Nigeria Snacks Market Revenues & Volume Share, By Nature, 2021 & 2031F

3.9 Nigeria Snacks Market Revenues & Volume Share, By Packaging size, 2021 & 2031F

3.10 Nigeria Snacks Market Revenues & Volume Share, By Price, 2021 & 2031F

3.11 Nigeria Snacks Market Revenues & Volume Share, By Brand, 2021 & 2031F

4 Nigeria Snacks Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing urbanization and busy lifestyles leading to higher demand for convenient snack options.

4.2.2 Rising disposable income and changing consumer preferences towards healthier snack choices.

4.2.3 Growing retail sector and increasing availability of snacks in various distribution channels.

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting production costs.

4.3.2 Lack of proper infrastructure and logistical challenges affecting distribution of snacks.

4.3.3 Competition from substitute products and other snack categories.

5 Nigeria Snacks Market Trends

6 Nigeria Snacks Market, By Types

6.1 Nigeria Snacks Market, By Product type

6.1.1 Overview and Analysis

6.1.2 Nigeria Snacks Market Revenues & Volume, By Product type, 2021- 2031F

6.1.3 Nigeria Snacks Market Revenues & Volume, By Crisps/chips, 2021- 2031F

6.1.4 Nigeria Snacks Market Revenues & Volume, By Nachos, 2021- 2031F

6.1.5 Nigeria Snacks Market Revenues & Volume, By Pretzels, 2021- 2031F

6.1.6 Nigeria Snacks Market Revenues & Volume, By Tortillas, 2021- 2031F

6.1.7 Nigeria Snacks Market Revenues & Volume, By Biscuits/crackers, 2021- 2031F

6.1.8 Nigeria Snacks Market Revenues & Volume, By RTE popcorn, 2021- 2031F

6.2 Nigeria Snacks Market, By Product category

6.2.1 Overview and Analysis

6.2.2 Nigeria Snacks Market Revenues & Volume, By Regular snacks, 2021- 2031F

6.2.3 Nigeria Snacks Market Revenues & Volume, By Cheese based snacks, 2021- 2031F

6.3 Nigeria Snacks Market, By Flavor

6.3.1 Overview and Analysis

6.3.2 Nigeria Snacks Market Revenues & Volume, By Regular/standard, 2021- 2031F

6.3.3 Nigeria Snacks Market Revenues & Volume, By Single flavored, 2021- 2031F

6.3.4 Nigeria Snacks Market Revenues & Volume, By Blended flavor, 2021- 2031F

6.4 Nigeria Snacks Market, By Nature

6.4.1 Overview and Analysis

6.4.2 Nigeria Snacks Market Revenues & Volume, By Organic, 2021- 2031F

6.4.3 Nigeria Snacks Market Revenues & Volume, By Conventional, 2021- 2031F

6.5 Nigeria Snacks Market, By Packaging size

6.5.1 Overview and Analysis

6.5.2 Nigeria Snacks Market Revenues & Volume, By < 10 OZ, 2021- 2031F

6.5.3 Nigeria Snacks Market Revenues & Volume, By 10 - 20 OZ, 2021- 2031F

6.5.4 Nigeria Snacks Market Revenues & Volume, By 21 - 30 OZ, 2021- 2031F

6.5.5 Nigeria Snacks Market Revenues & Volume, By > 30 OZ, 2021- 2031F

6.6 Nigeria Snacks Market, By Price

6.6.1 Overview and Analysis

6.6.2 Nigeria Snacks Market Revenues & Volume, By Regular, 2021- 2031F

6.6.3 Nigeria Snacks Market Revenues & Volume, By Premium, 2021- 2031F

6.7 Nigeria Snacks Market, By Brand

6.7.1 Overview and Analysis

6.7.2 Nigeria Snacks Market Revenues & Volume, By Branded, 2021- 2031F

6.7.3 Nigeria Snacks Market Revenues & Volume, By Private label, 2021- 2031F

6.8 Nigeria Snacks Market, By Packaging

6.8.1 Overview and Analysis

6.8.2 Nigeria Snacks Market Revenues & Volume, By Pouches, 2021- 2031F

6.8.3 Nigeria Snacks Market Revenues & Volume, By Bags, 2021- 2031F

6.8.4 Nigeria Snacks Market Revenues & Volume, By Cardboard boxes, 2021- 2031F

6.8.5 Nigeria Snacks Market Revenues & Volume, By Cardboard boxes, 2021- 2031F

6.8.6 Nigeria Snacks Market Revenues & Volume, By Others, 2021- 2031F

7 Nigeria Snacks Market Import-Export Trade Statistics

7.1 Nigeria Snacks Market Export to Major Countries

7.2 Nigeria Snacks Market Imports from Major Countries

8 Nigeria Snacks Market Key Performance Indicators

8.1 Consumer engagement metrics such as website traffic, social media interactions, and customer reviews.

8.2 Product innovation rate measured by the number of new snack product launches.

8.3 Market penetration in new regions or demographics tracked through distribution network expansion and market surveys.

9 Nigeria Snacks Market - Opportunity Assessment

9.1 Nigeria Snacks Market Opportunity Assessment, By Product type, 2021 & 2031F

9.2 Nigeria Snacks Market Opportunity Assessment, By Product category, 2021 & 2031F

9.3 Nigeria Snacks Market Opportunity Assessment, By Flavor, 2021 & 2031F

9.4 Nigeria Snacks Market Opportunity Assessment, By Nature, 2021 & 2031F

9.5 Nigeria Snacks Market Opportunity Assessment, By Packaging size, 2021 & 2031F

9.6 Nigeria Snacks Market Opportunity Assessment, By Price, 2021 & 2031F

9.7 Nigeria Snacks Market Opportunity Assessment, By Brand, 2021 & 2031F

9.7 Nigeria Snacks Market Opportunity Assessment, By Packaging, 2021 & 2031F

10 Nigeria Snacks Market - Competitive Landscape

10.1 Nigeria Snacks Market Revenue Share, By Companies, 2024

10.2 Nigeria Snacks Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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