Revenue in the bread segment of the food market Nigeria 2019-2029

The revenue in the 'Bread' segment of the food market in Nigeria was forecast to continuously increase between 2024 and 2029 by in total 12.5 billion U.S. dollars (+75.94 percent). After the tenth consecutive increasing year, the revenue is estimated to reach 28.93 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Bread' segment of the food market was continuously increasing over the past years.

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Revenue in the bread segment of the food market Nigeria from 2019 to 2029 (in billion U.S. dollars)

Characteristic	In billion U.S. dollars
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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The Bread market covers staple items made by mixing one or more types of flour, wet ingredients, and leavening ingredients, and then baking it until it becomes firm and dry. Bread is available in a variety of shapes and flavors. Popular types of bread include white, whole wheat, and sourdough.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.

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