Definition:
The Vegetables market covers fresh, frozen, and processed edible plants that are bought and consumed for nutrient-based purposes.
Structure:
The market consists of 2 different submarkets:
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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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Vegetables Market in Niger is experiencing minimal growth, influenced by factors such as limited access to modern farming techniques, fluctuating climatic conditions, and challenges in supply chain logistics, which hinder both fresh and processed vegetable availability.
Customer preferences: Consumers in Niger are increasingly prioritizing fresh and locally sourced vegetables, reflecting a growing awareness of health and nutrition. This trend is fueled by a younger demographic that values sustainable farming practices and organic produce, often driven by social media influences. Additionally, urbanization is leading to a rise in demand for convenience, prompting interest in pre-packaged and processed vegetable options. As lifestyles evolve, more households are adopting plant-based diets, further shaping the dynamics of the vegetable market in the region.
Trends in the market: In Niger, the Vegetables Market is experiencing a notable shift towards organic and locally sourced produce, driven by an increasing consumer awareness of health and nutrition. This trend is particularly prominent among younger consumers, who are leveraging social media to promote sustainable farming practices. Concurrently, urbanization is catalyzing demand for convenience, leading to a rise in pre-packaged and processed vegetable products. As plant-based diets gain popularity, industry stakeholders must adapt to these evolving consumer preferences, which may require innovation in product offerings and distribution strategies to remain competitive in this dynamic market landscape.
Local special circumstances: In Niger, the Vegetables Market is shaped by unique local factors such as the arid climate and traditional farming practices, which influence crop selection and availability. Cultural preferences for indigenous vegetables drive demand for local varieties, while community-based farming cooperatives enhance access to fresh produce. Additionally, regulatory support for sustainable agriculture is fostering organic practices. These elements create a distinct market dynamic, compelling stakeholders to prioritize local sourcing and adapt to the challenges posed by climate variability and urban consumer behaviors.
Underlying macroeconomic factors: The Vegetables Market in Niger is significantly influenced by macroeconomic factors including national economic health, agricultural policies, and global market trends. The country’s reliance on subsistence farming and the effects of climate change create volatility in crop yields, impacting local supply and prices. Additionally, fluctuations in global commodity prices affect the cost of inputs like seeds and fertilizers, which can strain farmers' finances. Fiscal policies aimed at promoting agricultural sustainability and access to finance for smallholder farmers are crucial for enhancing production capacity. Meanwhile, urbanization is shifting consumer preferences towards diverse and quality vegetables, prompting a need for improved distribution channels and market access.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights