The Nigeria gum market is anticipated to witness significant growth, with an expected uptick of USD 24.0 million, equating to a compound annual growth rate (CAGR) of about 7.8% in the coming years. Nigeria’s gum market is expanding due to rising urbanization and increasing disposable incomes, which are fueling demand for convenient snack products. The youthful demographic, particularly in urban centers, is a key driver of gum consumption, with younger consumers adopting snacking habits akin to those in Western markets. Additionally, growing awareness of health and wellness is pushing demand for sugar-free and functional gums, particularly those with oral care benefits.
This report presents a detailed overview of the Nigeria gum industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type and distribution channel. This detailed analysis supports the identification of growth opportunities within the gum industry.
Market Segmentation
The Nigeria gum market is structured as follows:
Product type: bubble gum, chewing gum
Distribution channel: convenience stores, forecourt, supermarkets and hypermarkets, grocery stores, others
In Nigeria, the gum market is segmented by product type and distribution channel. By product type, the market includes bubble gum, and chewing gum. Distribution channel segmentation comprises convenience stores, forecourt, supermarkets and hypermarkets, grocery stores, and others.
Competitive Landscape
The competitive landscape of the gum industry has been thoroughly analyzed, highlighting key players such as Sumal Foods Ltd., Shantou D & J Food Co. Ltd., Riclan S.A., Pladis Foods Limited, Perfetti Van Melle Group, Olam Group Limited, Mondelez International Inc., Mars Incorporated, Lotte Corporation and Guangdong SLG Foods Technology Co. Ltd.
The report provides a detailed assessment of prominent companies within the gum market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Nigeria gum market.
Gain in-depth analysis and forecasts for the key segments of the Nigeria gum market: product type 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 gum market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Nigeria gum 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 Gum Market – Product Type Analysis
Nigeria Gum Market – Distribution Channel Analysis
Key Players and Market Share
– Sumal Foods Ltd.
– Shantou D & J Food Co., Ltd.
– Riclan S.A.
– Pladis Foods Limited
– Perfetti Van Melle Group
– Olam Group Limited
– Mondelez International Inc.
– Mars, Incorporated
– Lotte Corporation
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Nigeria Gum Market 2019-2029
Chart Nigeria Gum Market, Net Growth, 2019-2029
Chart Nigeria Gum Market, Growth Rates, 2019-2029
Table Nigeria Gum Market by Product Type, 2019-2029
Chart Nigeria Gum Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Nigeria Gum Market by Product Type, 2019-2029
Table Nigeria Gum Market by Distribution Channel, 2019-2029
Chart Nigeria Gum Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Nigeria Gum Market by Distribution Channel, 2019-2029
Table Nigeria Gum Market Share (%), by Companies, 2019-2023
Chart Nigeria Gum Market, by Companies, 2023
Table Nigeria Gum Market Share (%), by Brands, 2019-2023
Chart Nigeria Gum 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 Gum Market: Spend as a Proportion of GDP (%)
Table Nigeria Gum Market: Consumption per Capita (Population)
Companies Mentioned
Sumal Foods Ltd.
Shantou D & J Food Co., Ltd.
Riclan S.A.
Pladis Foods Limited
Perfetti Van Melle Group
Olam Group Limited
Mondelez International Inc.
Mars, Incorporated
Lotte Corporation
Guangdong SLG Foods Technology Co., Ltd.