Food and Grocery Retail in Nigeria

Food and Grocery Retail in Nigeria

Summary

Food and Grocery Retail in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The food and grocery retail market includes the retail sales of all food products, both packaged and unpackaged, as well as beverages (including retail sales of all alcoholic and non-alcoholic beverages), tobacco, and household products. All on-trade sales of food and beverage are excluded. All currency conversions are calculated at constant average 2018 exchange rates.
- The Nigerian food and grocery retail market had total revenues of $44.9bn in 2018, representing a compound annual growth rate (CAGR) of 8.7% between 2014 and 2018.
- A new generation of Nigerian middle class consumers are helping fuel growth in the market, spending more money on food and grocery products.
- The Food segment was the markets most lucrative in 2018, with total revenues of $33.7bn, equivalent to 75% of the markets overall value.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the food & grocery retail market in Nigeria
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the food & grocery retail market in Nigeria
- Leading company profiles reveal details of key food & grocery retail market players global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria food & grocery retail market with five year forecasts

Reasons to Buy

- What was the size of the Nigeria food & grocery retail market by value in 2018?
- What will be the size of the Nigeria food & grocery retail market in 2023?
- What factors are affecting the strength of competition in the Nigeria food & grocery retail market?
- How has the market performed over the last five years?
- What are the main segments that make up Nigerias food & grocery retail market?

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who were the leading players in 2018?
7.2. Where is innovation coming from in this market?
8 Company Profiles
8.1. Shoprite Holdings Ltd
8.2. SPAR International
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables


Table 1: Nigeria food & grocery retail market value: $ million, 2014-18
Table 2: Nigeria food & grocery retail market category segmentation: $ million, 2018
Table 3: Nigeria food & grocery retail market geography segmentation: $ million, 2018
Table 4: Nigeria food & grocery retail market distribution: % share, by value, 2018
Table 5: Nigeria food & grocery retail market value forecast: $ million, 2018-23
Table 6: Shoprite Holdings Ltd: key facts
Table 7: Shoprite Holdings Ltd: Annual Financial Ratios
Table 8: Shoprite Holdings Ltd: Key Employees
Table 9: SPAR International: key facts
Table 10: SPAR International: Key Employees
Table 11: Nigeria size of population (million), 2014-18
Table 12: Nigeria gdp (constant 2005 prices, $ billion), 2014-18
Table 13: Nigeria gdp (current prices, $ billion), 2014-18
Table 14: Nigeria inflation, 2014-18
Table 15: Nigeria consumer price index (absolute), 2014-18
Table 16: Nigeria exchange rate, 2014-18

List Of Figures


Figure 1: Nigeria food & grocery retail market value: $ million, 2014-18
Figure 2: Nigeria food & grocery retail market category segmentation: % share, by value, 2018
Figure 3: Nigeria food & grocery retail market geography segmentation: % share, by value, 2018
Figure 4: Nigeria food & grocery retail market distribution: % share, by value, 2018
Figure 5: Nigeria food & grocery retail market value forecast: $ million, 2018-23
Figure 6: Forces driving competition in the food & grocery retail market in Nigeria, 2018
Figure 7: Drivers of buyer power in the food & grocery retail market in Nigeria, 2018
Figure 8: Drivers of supplier power in the food & grocery retail market in Nigeria, 2018
Figure 9: Factors influencing the likelihood of new entrants in the food & grocery retail market in Nigeria, 2018
Figure 10: Factors influencing the threat of substitutes in the food & grocery retail market in Nigeria, 2018
Figure 11: Drivers of degree of rivalry in the food & grocery retail market in Nigeria, 2018

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