Summary
Agricultural Products in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Synopsis
Essential resource for top-line data and analysis covering the Nigeria agricultural products market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Key Highlights
- The agricultural products industry consists of the production of Cereals (such as wheat, rice, barley etc.), Nuts (almonds, hazelnuts, pistachios etc.), Oilcrops (cottonseed, groundnuts, olives etc.), Spices & Stimulants (coffee, hops, dry chilies etc.), Sugar (sugar cane, sugar beet etc.), Pulses (beans, peas, lentils etc.), Roots & Tubers (Potatoes, sweet potatoes, cassava etc.), Vegetables (cabbages, tomatoes, onions etc.), and Fruit (bananas, citrus fruits, berries etc.)
- The Nigerian agricultural products market had total revenues of $45.3bn in 2017, representing a compound annual growth rate (CAGR) of 10.3% between 2013 and 2017.
- Market production volume increased with a CAGR of 3.5% between 2013 and 2017, to reach a total of 178.9 million tons in 2017.
- The country possesses ideal ecological and weather conditions for growing sugarcane. It is also relatively low maintenance, as farmers do not need to replant on a regular basis and it is a profitable product which requires little investment.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the agricultural products market in Nigeria
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the agricultural products market in Nigeria
- Leading company profiles reveal details of key agricultural products market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria agricultural products market with five year forecasts by both value and volume
Reasons to buy
- What was the size of the Nigeria agricultural products market by value in 2017?
- What will be the size of the Nigeria agricultural products market in 2022?
- What factors are affecting the strength of competition in the Nigeria agricultural products market?
- How has the market performed over the last five years?
- What are the main segments that make up Nigeria's agricultural products market?
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Table of Contents
Executive Summary 2
Market value 2
Market value forecast 2
Market volume 2
Market volume forecast 2
Category segmentation 2
Geography segmentation 2
Market rivalry 2
Market Overview 7
Market definition 7
Market analysis 7
Market Data 9
Market value 9
Market volume 10
Market Segmentation 11
Category segmentation 11
Geography segmentation 12
Market Outlook 13
Market value forecast 13
Market volume forecast 14
Five Forces Analysis 15
Summary 15
Buyer power 16
Supplier power 17
New entrants 18
Threat of substitutes 20
Degree of rivalry 21
Leading Companies 22
Dangote Sugar Refinery Plc 22
Flour Mills of Nigeria Plc 25
Theobroma B.V. 28
Macroeconomic Indicators 29
Country data 29
Methodology 31
Industry associations 32
Related MarketLine research 32
Appendix 33
About MarketLine 33
List of Tables
Table 1: Nigeria agricultural products market value: $ billion, 2013-17
Table 2: Nigeria agricultural products market volume: million tonnes, 2013-17
Table 3: Nigeria agricultural products market category segmentation: $ billion, 2017
Table 4: Nigeria agricultural products market geography segmentation: $ billion, 2017
Table 5: Nigeria agricultural products market value forecast: $ billion, 2017-22
Table 6: Nigeria agricultural products market volume forecast: million tonnes, 2017-22
Table 7: Dangote Sugar Refinery Plc: key facts
Table 8: Dangote Sugar Refinery Plc: key financials ($)
Table 9: Dangote Sugar Refinery Plc: key financials (NGN)
Table 10: Dangote Sugar Refinery Plc: key financial ratios
Table 11: Flour Mills of Nigeria Plc: key facts
Table 12: Flour Mills of Nigeria Plc: key financials ($)
Table 13: Flour Mills of Nigeria Plc: key financials (NGN)
Table 14: Flour Mills of Nigeria Plc: key financial ratios
Table 15: Theobroma B.V.: key facts
Table 16: Nigeria size of population (million), 2013-17
Table 17: Nigeria gdp (constant 2005 prices, $ billion), 2013-17
Table 18: Nigeria gdp (current prices, $ billion), 2013-17
Table 19: Nigeria inflation, 2013-17
Table 20: Nigeria consumer price index (absolute), 2013-17
Table 21: Nigeria exchange rate, 2013-17
List of Figures
Figure 1: Nigeria agricultural products market value: $ billion, 2013-17
Figure 2: Nigeria agricultural products market volume: million tonnes, 2013-17
Figure 3: Nigeria agricultural products market category segmentation: % share, by value, 2017
Figure 4: Nigeria agricultural products market geography segmentation: % share, by value, 2017
Figure 5: Nigeria agricultural products market value forecast: $ billion, 2017-22
Figure 6: Nigeria agricultural products market volume forecast: million tonnes, 2017-22
Figure 7: Forces driving competition in the agricultural products market in Nigeria, 2017
Figure 8: Drivers of buyer power in the agricultural products market in Nigeria, 2017
Figure 9: Drivers of supplier power in the agricultural products market in Nigeria, 2017
Figure 10: Factors influencing the likelihood of new entrants in the agricultural products market in Nigeria, 2017
Figure 11: Factors influencing the threat of substitutes in the agricultural products market in Nigeria, 2017
Figure 12: Drivers of degree of rivalry in the agricultural products market in Nigeria, 2017
Figure 13: Dangote Sugar Refinery Plc: revenues & profitability
Figure 14: Dangote Sugar Refinery Plc: assets & liabilities
Figure 15: Flour Mills of Nigeria Plc: revenues & profitability
Figure 16: Flour Mills of Nigeria Plc: assets & liabilities
