Nigeria Savory Snacks Market 2025$425.0
The Nigeria savory snacks sector is poised for a dynamic growth phase, anticipating an increase of USD 99.7 million and a CAGR of approximately 8.2% from 2025 to 2030. Nigeria’s savory snacks market is experiencing rapid growth, driven by urbanization and an expanding middle class. As consumer preferences shift towards convenience foods, the demand for packaged snacks like chips, nuts, and extruded snacks is rising. There is also a noticeable shift towards healthier snack alternatives, with Nigerian consumers becoming more health-conscious and opting for baked snacks or those with natural ingredients. Local snacks such as roasted peanuts and plantains continue to be popular, but international brands are also increasing their footprint, offering a wider variety of product options.
This report offers a detailed examination of the Nigeria savory snacks market, leveraging historical data from 2020 to 2024 and projecting trends through 2030. It evaluates market size, growth trajectories, and key drivers of change, providing a nuanced view of the industry’s development. Through a structured analysis of product type, packaging material and distribution channel, the report identifies strategic opportunities and challenges, supporting data-driven decision-making.
Market Segmentation
The Nigeria savory snacks market is categorized into the following segments:
Product type: nuts and seeds, popcorn, potato chips, puffed snacks, savoury biscuits and crackers, others
Packaging material: flexible packaging, paper and board, rigid plastics, others
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, grocery stores, e-commerce, others
The segmentation of the Nigeria savory snacks market product type, packaging material and distribution channel. The categorization of the market by product type includes nuts and seeds, popcorn, potato chips, puffed snacks, savoury biscuits and crackers, and others. Packaging material segments encompass flexible packaging, paper and board, rigid plastics, and others. Distribution channel segmentation comprises convenience stores, forecourt stores, supermarkets and hypermarkets, grocery stores, e-commerce, and others.
Competitive Landscape
The Nigeria savory snacks market remains highly competitive, with major players including Zifort Nigeria Ltd., UAC of Nigeria PLC (UAC), Tolaram Group, Terraco Trading Co. Ltd., Sunlight Resources Ltd., Sumal Foods Ltd., SoNa Sp. z o.o., So Yummy Nigeria Ltd., Pladis Foods Limited, Parle Products Pvt. Ltd., Nkatie Burger Co. Ltd., Newbisco Ltd., Nasco Group (Nigeria) Ltd., Mondelez International Inc., Mamee Double-Decker (M) Sdn Bhd, Magic Time, Kellogg Tolaram Nigeria Ltd., Kellanova, Flour Mills of Nigeria Plc (FMN), Ferrero International S.A., Deli Foods Nigeria Ltd., Beloxxi Industries Ltd. and Balkeem Nigeria Ltd.
This comprehensive report analyzes the performance of leading companies in the savory snacks sector from 2020 to 2024. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Nigeria savory snacks market.
Gain in-depth analysis and forecasts for the key segments of the Nigeria savory snacks market: product type, packaging material and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Nigeria savory snacks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Nigeria savory snacks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
Nigeria Savory Snacks Market – Product Type Analysis
Nigeria Savory Snacks Market – Packaging Material Analysis
Nigeria Savory Snacks Market – Distribution Channel Analysis
Company Shares Analysis
Zifort Nigeria Ltd.
UAC of Nigeria PLC (UAC)
Tolaram Group
Terraco Trading Co., Ltd.
Sunlight Resources Ltd.
Sumal Foods Ltd.
SoNa Sp. z o.o.
So Yummy Nigeria Ltd.
Pladis Foods Limited
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer
FIGURES AND TABLES
Table Nigeria Savory Snacks Market 2020-2030
Chart Nigeria Savory Snacks Market, Net Growth, 2020-2030
Chart Nigeria Savory Snacks Market, Growth Rates, 2020-2030
Table Nigeria Savory Snacks Market by Product Type, 2020-2030
Chart Nigeria Savory Snacks Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Nigeria Savory Snacks Market by Product Type, 2020-2030
Table Nigeria Savory Snacks Market by Packaging Material, 2020-2030
Chart Nigeria Savory Snacks Market by Packaging Material, CAGR Historic and Forecast, 2020-2030
Chart Nigeria Savory Snacks Market by Packaging Material, 2020-2030
Table Nigeria Savory Snacks Market by Distribution Channel, 2020-2030
Chart Nigeria Savory Snacks Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Nigeria Savory Snacks Market by Distribution Channel, 2020-2030
Table Nigeria Savory Snacks Market Share (%), by Companies, 2020-2024
Chart Nigeria Savory Snacks Market, by Companies, 2024
Table Nigeria Savory Snacks Market Share (%), by Brands, 2020-2024
Chart Nigeria Savory Snacks Market, by Brands, 2024
Table Nigeria – Population (Millions) and Forecast
Table Nigeria – Consumer Price Index (CPI) and Forecast
Table Nigeria – Gross Domestic Product and Forecast
Table Nigeria Savory Snacks Market: Spend as a Proportion of GDP (%)
Table Nigeria Savory Snacks Market: Consumption per Capita (Population)
Companies Mentioned
Zifort Nigeria Ltd.
UAC of Nigeria PLC (UAC)
Tolaram Group
Terraco Trading Co., Ltd.
Sunlight Resources Ltd.
Sumal Foods Ltd.
SoNa Sp. z o.o.
So Yummy Nigeria Ltd.
Pladis Foods Limited
Parle Products Pvt. Ltd.
Nkatie Burger Co., Ltd.
Newbisco Ltd.
Nasco Group (Nigeria) Ltd.
Mondelez International Inc.
Mamee Double-Decker (M) Sdn Bhd
Magic Time
Kellogg Tolaram Nigeria Ltd.
Kellanova
Flour Mills of Nigeria Plc (FMN)
Ferrero International S.A.
Deli Foods Nigeria Ltd.
Beloxxi Industries Ltd.
Balkeem Nigeria Ltd.
$425.0
What's Inside?
→ Market Estimates, Forecasts & Historical Data
→ Critical Performance Data and Rankings
→ Emerging Trends, Market Changes
→ PDF Report and Excel Datasheet
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