The Nigeria baby food market is poised for steady growth, with an expected increase of USD 80.2 million, reflecting a compound annual growth rate (CAGR) of approximately 6.4% from 2024 to 2029. The baby food market is driven by a growing focus on infant health and nutrition, along with rising disposable incomes. As Nigerian families become more aware of the importance of proper infant nutrition, the demand for organic and fortified baby food products is increasing. The rise in urbanization and the increasing number of working mothers have also contributed to the demand for convenient, ready-to-eat baby food options. Additionally, modern retail outlets and online platforms are expanding the availability of baby food products, supporting market growth.
The report delivers an in-depth analysis of the Nigeria baby food industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type, category and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the baby food market.
Market Segmentation
The following outlines the segmentation of the Nigeria baby food market:
Product type: dried baby food, prepared baby food, milk formula (standard formula, follow-on formula, growing-up milk)
Category: conventional, organic
Distribution channel: convenience stores, supermarkets and hypermarkets, small grocery stores, health and beauty stores, others
The Nigeria market for baby food is divided based on product type, category and distribution channel. By product type, the market features dried baby food, prepared baby food, and milk formula (standard formula, follow-on formula, growing-up milk). Category categories include conventional, and organic. Distribution channel segmentation comprises convenience stores, supermarkets and hypermarkets, small grocery stores, health and beauty stores, and others.
Competitive Landscape
Key players dominating the baby food market include Tiger Brands Limited, The Kraft Heinz Company, Sun Mark Limited, Royal FrieslandCampina N.V., Pioneer Food Group Ltd., Nutrimental SA Industria e Comercio de Alimentos, Nestle S.A., Hero AG, Erregifarma Italia srl, Danone S.A., Baby Grubz Nigeria Co., August Secrets Nigeria Co. and Abbott Laboratories.
This report delivers an in-depth examination of leading companies in the baby food sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Nigeria baby food market.
Gain in-depth analysis and forecasts for the key segments of the Nigeria baby food market: product type, category 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 baby food market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Nigeria baby food 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
Report Scope
Research Methodology
Market Overview
Nigeria Baby Food Market – Product Type Analysis
Nigeria Baby Food Market – Category Analysis
Nigeria Baby Food Market – Distribution Channel Analysis
Key Players and Market Share
– Tiger Brands Limited
– The Kraft Heinz Company
– Sun Mark Limited
– Royal FrieslandCampina N.V.
– Pioneer Food Group Ltd.
– Nutrimental SA Industria e Comercio de Alimentos
– Nestle S.A.
– Hero AG
– Erregifarma Italia srl
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Nigeria Baby Food Market 2019-2029
Chart Nigeria Baby Food Market, Net Growth, 2019-2029
Chart Nigeria Baby Food Market, Growth Rates, 2019-2029
Table Nigeria Baby Food Market by Product Type, 2019-2029
Chart Nigeria Baby Food Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Nigeria Baby Food Market by Product Type, 2019-2029
Table Nigeria Baby Food Market by Category, 2019-2029
Chart Nigeria Baby Food Market by Category, CAGR Historic and Forecast, 2019-2029
Chart Nigeria Baby Food Market by Category, 2019-2029
Table Nigeria Baby Food Market by Distribution Channel, 2019-2029
Chart Nigeria Baby Food Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Nigeria Baby Food Market by Distribution Channel, 2019-2029
Table Nigeria Baby Food Market Share (%), by Companies, 2019-2023
Chart Nigeria Baby Food Market, by Companies, 2023
Table Nigeria Baby Food Market Share (%), by Brands, 2019-2023
Chart Nigeria Baby Food Market, by Brands, 2023
Table Nigeria – Population (Millions) and Forecast
Table Nigeria – Consumer Price Index (CPI) and Forecast
Table Nigeria – Gross Domestic Product and Forecast
Table Nigeria Baby Food Market: Spend as a Proportion of GDP (%)
Table Nigeria Baby Food Market: Consumption per Capita (Population)
Companies Mentioned
Tiger Brands Limited
The Kraft Heinz Company
Sun Mark Limited
Royal FrieslandCampina N.V.
Pioneer Food Group Ltd.
Nutrimental SA Industria e Comercio de Alimentos
Nestle S.A.
Hero AG
Erregifarma Italia srl
Danone S.A.
Baby Grubz Nigeria Co.
August Secrets Nigeria Co.
Abbott Laboratories