Average price per unit (PPU) in the breakfast cereals segment of the food market Nigeria 2019-2029

The price per unit in the 'Breakfast Cereals' segment of the food market in Nigeria was forecast to continuously increase between 2024 and 2029 by in total 3.9 U.S. dollars (+48.81 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 11.87 U.S. dollars and therefore a new peak in 2029. Notably, the price per unit of the 'Breakfast Cereals' segment of the food market was continuously increasing over the past years.

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Average price per unit (PPU) in the breakfast cereals segment of the food market Nigeria from 2019 to 2029

Characteristic	In U.S. dollars
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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The Breakfast Cereals market covers all types of cereal varieties which are usually created from grains like wheat, corn, or oats and flavored with sugars, different spices, and other ingredients. Breakfast cereal is frequently consumed with milk or yogurt and can be served hot or cold.

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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