Revenue in the ready-to-eat meals segment of the food market Nigeria 2019-2029

The revenue in the 'Ready-to-Eat Meals' segment of the food market in Nigeria was forecast to continuously increase between 2024 and 2029 by in total 8.4 billion U.S. dollars (+71.13 percent). After the tenth consecutive increasing year, the revenue is estimated to reach 20.23 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Ready-to-Eat Meals' segment of the food market was continuously increasing over the past years.

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Revenue in the ready-to-eat meals segment of the food market Nigeria from 2019 to 2029 (in billion U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The Ready-to-Eat Meals market covers prepared food and meals that can be eaten as is or after minimal preparation. These meals do not require cooking and are typically consumed after heating. These meals may also include disposable eating utensils. Classic frozen foods include meat, fish, vegetables, filled pasta, and frozen pizzas.

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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