The revenue in the 'Confectionery' segment of the food market in Nigeria was forecast to continuously increase between 2024 and 2029 by in total 1.7 billion U.S. dollars (+34.55 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 6.57 billion U.S. dollars and therefore a new peak in 2029.
Data provided by Statista Market Insights are estimates.
Definition:
The Confectionery market covers food items with a relatively high sugar. Confectionery has a variety of flavorings, colorings, and other components that give them their distinct taste, texture, and appearance. This market is divided into four submarkets: chocolate confectionery, ice cream, preserved pastry goods and cakes and sugar confectionery.
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.
For more information on the displayed data, click the info button on the right side of each box.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista Market Insights. (December 3, 2024). Revenue in the confectionery segment of the food market Nigeria from 2019 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/forecasts/1438540/revenue-confectionery-confectionery-snacks-market-nigeria
Statista Market Insights. "Revenue in the confectionery segment of the food market Nigeria from 2019 to 2029 (in billion U.S. dollars)." Chart. December 3, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/forecasts/1438540/revenue-confectionery-confectionery-snacks-market-nigeria
Statista Market Insights. (2024). Revenue in the confectionery segment of the food market Nigeria from 2019 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/forecasts/1438540/revenue-confectionery-confectionery-snacks-market-nigeria
Statista Market Insights. "Revenue in The Confectionery Segment of The Food Market Nigeria from 2019 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 3 Dec 2024, https://www.statista.com/forecasts/1438540/revenue-confectionery-confectionery-snacks-market-nigeria
Statista Market Insights, Revenue in the confectionery segment of the food market Nigeria from 2019 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1438540/revenue-confectionery-confectionery-snacks-market-nigeria (last visited December 22, 2024)
Revenue in the confectionery segment of the food market Nigeria from 2019 to 2029 (in billion U.S. dollars) [Graph], Statista Market Insights, December 3, 2024. [Online]. Available: https://www.statista.com/forecasts/1438540/revenue-confectionery-confectionery-snacks-market-nigeria