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Processed & Frozen Vegetables - Niger

Niger
  • Revenue in the Processed & Frozen Vegetables market amounts to US$43.10m in 2024. The market is expected to grow annually by 7.14% (CAGR 2024-2029).
  • In global comparison, most revenue is generated China (US$58bn in 2024).
  • In relation to total population figures, per person revenues of US$1.53 are generated in 2024.
  • In the Processed & Frozen Vegetables market, volume is expected to amount to 36.98m kg by 2029. The Processed & Frozen Vegetables market is expected to show a volume growth of 5.5% in 2025.0.
  • The average volume per person in the Processed & Frozen Vegetables market is expected to amount to 1.0kg in 2024.

Definition:

The Processed and Frozen Vegetables market covers products made from edible plants (whole or part of) that have been canned, frozen, dehydrated, and pickled.

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.

In-Scope

  • Processed vegetables, such as pickled, canned, dried or dehydrated vegetables
  • Frozen vegetables
  • Other type of preserved vegetables
  • Sauerkraut, Kimchi
  • Vegetable blends, vegetable purees, artichoke hearts

Out-Of-Scope

  • Fresh vegetables
  • Vegetable-based ready-to-eat meals
  • Vegetable powder/flour
  • Vegetable-based instant meals
  • Vegetable broths
  • Out-of-home consumption

Revenue

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

Volume

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Price

Most recent update: Sep 2024

Source: Statista Market Insights

Sales Channels

Most recent update: Nov 2024

Source: Statista Market Insights

Global Comparison

Most recent update: Sep 2024

Source: Statista Market Insights

Analyst Opinion

The Processed & Frozen Vegetables Market in Niger is experiencing minimal growth, driven by factors such as increasing demand for convenient and healthy food options. This growth rate is impacted by factors such as limited access to technology and lower consumer awareness about the benefits of processed and frozen vegetables.

Customer preferences:
As Niger’s economy grows, so does the demand for processed and frozen vegetables, as more consumers seek convenience and longer shelf life. This trend is further fueled by the increasing number of working individuals and busy lifestyles, as well as the rise of urbanization. Moreover, cultural influences, such as the adoption of Western dietary habits, have also contributed to the growing popularity of processed and frozen vegetables in Niger.

Trends in the market:
In Niger, the Processed & Frozen Vegetables Market within the Vegetables Market is experiencing a shift towards more sustainable and environmentally-friendly practices. This trend is being driven by increasing consumer demand for organic and locally-sourced produce. As a result, the market is seeing a rise in small-scale farmers adopting sustainable farming techniques and certifications. This trend has significant implications for industry stakeholders, as it presents opportunities for growth and differentiation in the market. Additionally, as consumers become more conscious of their food choices, companies that prioritize sustainability may gain a competitive advantage.

Local special circumstances:
In Niger, the Processed & Frozen Vegetables Market of the Vegetables Market within The Food market is heavily influenced by the country's geographical and cultural factors. With a primarily agricultural economy, the demand for processed and frozen vegetables is high. However, limited access to refrigeration and transportation infrastructure poses challenges for the market. Additionally, cultural preferences for fresh produce over frozen or processed options also impact market dynamics. These factors create a unique market landscape in Niger, requiring innovative solutions to meet consumer demand.

Underlying macroeconomic factors:
The Processed & Frozen Vegetables Market of the Vegetables Market within The Food market is impacted by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other financial indicators. In countries with strong economic growth and stable fiscal policies, the processed and frozen vegetables market is expected to experience higher demand due to increased consumer spending and purchasing power. Additionally, government policies aimed at promoting healthy eating and reducing food waste are likely to drive market growth. However, in countries with economic instability and high inflation rates, the market may face challenges in terms of affordability and supply chain disruptions, leading to slower growth.

Methodology

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.

Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Sep 2024

Source: Statista Market Insights

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