Ready-to-Eat Meals - Niger

Niger

Highlights

Revenue in the Ready-to-Eat Meals market amounts to US$352.10m in 2024. The market is expected to grow annually by 7.50% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$149bn in 2024).
In relation to total population figures, per person revenues of US$12.47 are generated in 2024.
In the Ready-to-Eat Meals market, volume is expected to amount to 138.20m kg by 2029. The Ready-to-Eat Meals market is expected to show a volume growth of 6.2% in 2025.0.
The average volume per person in the Ready-to-Eat Meals market is expected to amount to 3.8kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

In Niger, the Ready-to-Eat Meals Market within the Convenience Food Market is experiencing minimal growth rate due to factors such as limited access to technology and low health awareness. However, the convenience offered by these meals is driving some growth.

Customer preferences: As convenience becomes increasingly important to consumers in Niger, there has been a noticeable rise in demand for ready-to-eat meals in the Convenience Food Market within The Food market. This trend is driven by changing lifestyles and busy schedules, with individuals seeking quick and easy meal solutions. Additionally, there is a growing interest in healthier options, leading to a shift towards ready-to-eat meals with natural and organic ingredients. This trend is also influenced by cultural preferences for fresh and locally-sourced food.

Trends in the market: In Niger, the Ready-to-Eat Meals Market within the Convenience Food Market is experiencing a surge in demand for healthier options, as consumers become more health-conscious. This trend is expected to continue, with industry players focusing on offering nutritious and organic ready-to-eat meals. Additionally, there is a growing trend of incorporating local ingredients and traditional recipes in these meals, catering to the preferences of the local population. These developments present opportunities for companies to differentiate themselves and tap into the growing demand for healthier and culturally-relevant options.

Local special circumstances: In Niger, the Ready-to-Eat Meals Market of the Convenience Food Market within The Food market is influenced by traditional food preferences and limited access to refrigeration and cooking facilities. This leads to a high demand for shelf-stable and portable meal options. Additionally, strict halal regulations and a predominantly Muslim population shape the types of ingredients and packaging used in these meals. These unique factors impact the type of products available and the purchasing behavior of consumers in this market.

Underlying macroeconomic factors: The Ready-to-Eat Meals Market of the Convenience Food Market within The Food market in Niger is heavily impacted by macroeconomic factors such as the country's economic health, fiscal policies, and global economic trends. The market is particularly influenced by the country's low GDP per capita and high poverty rates, which affect consumer purchasing power and demand for convenience food products. Additionally, Niger's reliance on agriculture and vulnerability to climate change can impact food production and availability, thus affecting the supply and pricing of ready-to-eat meals. Furthermore, the government's policies and investments in infrastructure and food security also play a significant role in shaping the market's growth and performance.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.