The Nigeria cooking and edible oils sector is poised for a dynamic growth phase, anticipating an increase of USD 128.4 million and a CAGR of approximately 8.6% from 2025 to 2030. Increased economic prosperity in Nigeria is enabling consumers to spend more on higher-quality food products, including diverse cooking oils. Urbanization accelerates this trend by shifting dietary patterns and increasing the demand for convenient, ready-to-use cooking solutions. Moreover, advancements in retail and distribution infrastructure are enhancing market accessibility, making a wide range of cooking oils more available to a growing urban population and contributing to overall market expansion.
The report delivers a comprehensive dataset on the Nigeria cooking and edible oils market, detailing annual market size and growth rates over the past six years, alongside projections through 2030. It offers an in-depth examination of market segments and subcategories, with a particular focus on evolving trends by product and distribution channel.
Market Segmentation
The Nigeria cooking and edible oils market is categorized into the following segments:
Product: palm oil, soybean oil, sunflower oil, others
Distribution channel: convenience stores, e-commerce, foodservice channels, hypermarkets, small grocery stores, supermarkets, others
The segmentation of the Nigeria cooking and edible oils market product and distribution channel. The categorization of the market by product includes palm oil, soybean oil, sunflower oil, and others. Distribution channel segmentation comprises convenience stores, e-commerce, foodservice channels, hypermarkets, small grocery stores, supermarkets, and others.
Competitive Landscape
Leading companies in the cooking and edible oils market comprise Affcot Nigeria Plc, Agrolimen SA, Apple & Pears Limited, Flour Mills of Nigeria Plc (FMN), Golden Oil Industries Limited, Groupe Avril, Marico Limited, Neipen Ltd., PZ Cussons Plc, Richardson International Limited, Sun Mark Limited, TGI Distri Limited, Tolaram Group, Transtell Group and UAC of Nigeria PLC (UAC).
This comprehensive report analyzes the performance of leading companies in the cooking and edible oils 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 cooking and edible oils market.
Gain in-depth analysis and forecasts for the key segments of the Nigeria cooking and edible oils market: product 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 cooking and edible oils market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Nigeria cooking and edible oils market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.
Table of Contents
TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
Nigeria Cooking and Edible Oils Market – Product Analysis
Nigeria Cooking and Edible Oils Market – Distribution Channel Analysis
Key Players and Market Share
Affcot Nigeria Plc
Agrolimen SA
Apple & Pears Limited
Flour Mills of Nigeria Plc (FMN)
Golden Oil Industries Limited
Groupe Avril
Marico Limited
Neipen Ltd.
PZ Cussons Plc
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer
FIGURES AND TABLES
Table Nigeria Cooking and Edible Oils Market 2020-2030
Chart Nigeria Cooking and Edible Oils Market, Net Growth, 2020-2030
Chart Nigeria Cooking and Edible Oils Market, Growth Rates, 2020-2030
Table Nigeria Cooking and Edible Oils Market by Product, 2020-2030
Chart Nigeria Cooking and Edible Oils Market by Product, CAGR Historic and Forecast, 2020-2030
Chart Nigeria Cooking and Edible Oils Market by Product, 2020-2030
Table Nigeria Cooking and Edible Oils Market by Distribution Channel, 2020-2030
Chart Nigeria Cooking and Edible Oils Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Nigeria Cooking and Edible Oils Market by Distribution Channel, 2020-2030
Table Nigeria Cooking and Edible Oils Market Share (%), by Companies, 2020-2024
Chart Nigeria Cooking and Edible Oils Market, by Companies, 2024
Table Nigeria Cooking and Edible Oils Market Share (%), by Brands, 2020-2024
Chart Nigeria Cooking and Edible Oils 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 Cooking and Edible Oils Market: Spend as a Proportion of GDP (%)
Table Nigeria Cooking and Edible Oils Market: Consumption per Capita (Population)
Companies Mentioned
Affcot Nigeria Plc
Agrolimen SA
Apple & Pears Limited
Flour Mills of Nigeria Plc (FMN)
Golden Oil Industries Limited
Groupe Avril
Marico Limited
Neipen Ltd.
PZ Cussons Plc
Richardson International Limited
Sun Mark Limited
TGI Distri Limited
Tolaram Group
Transtell Group
UAC of Nigeria PLC (UAC)