USD 16.41 Billion in 2024; projected USD 23.42 Billion by 2033; CAGR 4.01%.

The volume in the consumer electronics market in Nigeria was modeled to be ************** pieces in 2024. Between 2018 and 2024, the volume rose by ************* pieces, though the increase followed an uneven trajectory rather than a consistent upward trend. The volume will steadily rise by ************* pieces over the period from 2024 to 2030, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Consumer Electronics.

Nigeria email data can directly engage with key professionals, boosting your sales strategy and expanding your market dominance. Revolutionize your marketing strategy with List to Data’s Nigeria Email Data! Our extensive directory provides a reliable resource of verified email leads to help you connect with your target audience. This dataset is perfect for businesses looking to expand their reach and improve campaign performance. The material is regularly updated to ensure accuracy and relevance. With this library, you can streamline your outreach and focus on crafting compelling messages. List to Data is committed to delivering high-quality databases that drive results. Start using our Nigeria email list today and experience the difference in your marketing success! Nigeria consumer email list is your gateway to building meaningful connections and achieving long-term business success. Access the Nigerian market with our premium Nigeria consumer email list. This comprehensive resource provides access to a vast network of potential customers. As a result, you can increase your brand visibility and drive sales. Moreover, our data is regularly updated and verified. Therefore, you can improve your marketing ROI. Consequently, you can target specific demographics and regions. Furthermore, this valuable resource allows you to connect with key decision-makers. Finally, List to Data offers this powerful dataset to fuel your business growth in Nigeria. Nigeria business email list is a powerful resource for reaching professionals in Nigeria. This database provides verified leads to ensure your campaigns are effective. Additionally, it is designed to save time and maximize ROI. Moreover, the directory is regularly updated for accuracy. Furthermore, it offers a seamless way to expand your market reach. As a result, you can enhance your marketing efforts with reliable information. In addition, this library of contacts is tailored for both B2B and B2C outreach. Finally, trust List To Data to deliver a dataset that drives results and boosts your market presence.

USD 9.19 Billion in 2024; projected USD 16.78 Billion by 2033; CAGR 6.92%.

The revenue in the consumer electronics market in Nigeria was modeled to stand at ************* U.S. dollars in 2024. Between 2018 and 2024, the revenue rose by ************ U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by ************ U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Consumer Electronics.

The Nigerian e-commerce market, valued at $8.53 billion in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 11.82% from 2025 to 2033. This surge is driven by increasing internet and smartphone penetration, a burgeoning young population eager to embrace digital shopping, and a growing preference for convenience and wider product selection. Key growth segments include fashion and apparel, consumer electronics, and beauty and personal care, reflecting rising disposable incomes and changing consumer lifestyles. While challenges remain, such as unreliable logistics and payment infrastructure, the market's resilience is evident in the emergence of numerous local players like Jumia, PayPorte, and others catering to diverse consumer needs, alongside international brands seeking a foothold in this lucrative African market. The B2C segment dominates, representing the lion's share of the market, with B2B e-commerce also exhibiting promising growth potential as businesses increasingly leverage digital platforms for procurement and sales. The government's efforts to improve digital infrastructure and support e-commerce initiatives are further bolstering market expansion. Further growth is expected from the increasing adoption of mobile commerce, the expansion of payment gateway options and improved logistics infrastructure. The diversification of product offerings, especially in the B2B sector, will also contribute to the growth. However, addressing the challenges relating to digital literacy, cybersecurity concerns, and the need for reliable customer service to build trust remains crucial for sustained growth. Competition is intense, but the market's size and growth trajectory signal significant opportunities for both established players and new entrants to participate in this dynamic and rapidly evolving sector. The forecast period of 2025-2033 presents a compelling window of opportunity for continued expansion and innovation within the Nigerian e-commerce landscape. Comprehensive Coverage Nigeria E-commerce Industry Report (2019-2033) This in-depth report provides a comprehensive analysis of the rapidly evolving Nigerian e-commerce industry, covering the period 2019-2033, with a focus on 2025. It delves into market size (GMV), key trends, growth drivers, challenges, and the competitive landscape, offering invaluable insights for businesses, investors, and policymakers. We leverage data from the historical period (2019-2024) to build a robust forecast (2025-2033), with 2025 serving as the base and estimated year. The report utilizes high-search-volume keywords like "Nigeria e-commerce market," "Nigerian online retail," "B2C e-commerce Nigeria," and "Nigerian e-commerce growth" to maximize online visibility. Recent developments include: March 2023 - ImaliPay, a global FinTech-as-a-Service provider, has partnered with Renda, a third-party e-commerce fulfillment solution. Through this agreement, they seek to help companies across Africa by simplifying and optimizing the order fulfillment process for enterprise and medium-sized firms. It will begin with Nigeria.. Key drivers for this market are: Adoption of Online mode of Payments, Growing Penetration of Internet. Potential restraints include: Costs Involved With Installation by Utility Providers and Security and Integration Challenges. Notable trends are: Growing Penetration of Internet is Expected to Drive the Market Growth.

Nigeria E-commerce Market was valued at USD 8.8 Billion in 2024 and is projected to reach USD 22.9 Billion by 2032 growing at a CAGR of 14.6% from 2026 to 2032.Key Market Drivers:Expanding Internet Penetration: Nigeria's rapidly growing internet user base, now exceeding 110 million users, is driving substantial e-commerce adoption across urban and increasingly rural regions, creating unprecedented online shopping access through affordable smartphones, expanding 4G coverage and gradually improving broadband infrastructure that collectively enable digital marketplace participation nationwide.Rising Digital Payment Adoption: Accelerating shift from traditional cash-based transactions toward digital payment methods through fintech innovations, mobile money solutions and bank-led digital services is reducing previous barriers to online transactions, building consumer confidence in electronic payments and creating seamless purchase experiences across diverse e-commerce platforms.

Nigeria Consumer Battery Market is expected to grow during 2025-2031

In Nigeria Consumer Electronics Market, Euromonitor provides overview of the national markets for in-home, portable, and in-car consumer electronics goods.

The Nigeria E-Commerce Market Report is Segmented by Business Model (B2C, B2B), Device Type (Smartphone / Mobile, Desktop and Laptop, Other Device Types), Payment Method (Credit / Debit Cards, Digital Wallets, BNPL, Other Payment Method), B2C Product Category (Beauty and Personal Care, Consumer Electronics, Fashion and Apparel, Food and Beverages, and More). The Market Forecasts are Provided in Terms of Value (USD).

USD 74.82 Million in 2024; projected USD 124.79 Million by 2033; CAGR 5.78%.

The revenue in the accessories market in Nigeria was modeled to be ************ U.S. dollars in 2024. Between 2018 and 2024, the revenue rose by ************ U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by ************ U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Accessories.

Find detailed analysis in Market Research Intellect's Food And Drink Consumption Market Report, estimated at USD 4.8 trillion in 2024 and forecasted to climb to USD 6.9 trillion by 2033, reflecting a CAGR of 4.5%.Stay informed about adoption trends, evolving technologies, and key market participants.

Abstract

Food price inflation is an important metric to inform economic policy but traditional sources of consumer prices are often produced with delay during crises and only at an aggregate level. This may poorly reflect the actual price trends in rural or poverty-stricken areas, where large populations reside in fragile situations. This data set includes food price estimates and is intended to help gain insight in price developments beyond what can be formally measured by traditional methods. The estimates are generated using a machine-learning approach that imputes ongoing subnational price surveys, often with accuracy similar to direct measurement of prices. The data set provides new opportunities to investigate local price dynamics in areas where populations are sensitive to localized price shocks and where traditional data are not available.

        A dataset of monthly food price inflation estimates (aggregated for all food products available in the data) is also available for all countries covered by this modeling exercise.

Geographic coverage notes

The data cover the following sub-national areas: Abia, Borno, Yobe, Katsina, Kano, Kaduna, Gombe, Adamawa, Jigawa, Kebbi, Oyo, Sokoto, Zamfara, Lagos, Market Average

The Nigeria soup market was estimated to attain a value of USD 602.50 Million in 2024 and is projected to expand at a CAGR of around 9.40% through 2034. Increased urbanisation and busy lifestyles in Nigeria are driving demand for easy-to-prepare, convenient ready-to-eat soup or soupy foods, prompting consumers to invest in easy and quick preparation technologies and culturally relevant soup variations to meet changing consumer demands. This in turn is greatly contributing to the Nigeria soup market growth, thus propelling the market to attain USD 1479.55 Million by 2034.

Nigeria E-Commerce Transactions: AOV: Business & Consumer Services: Marketing & Advertising data was reported at 68.509 USD in 06 Dec 2023. This records a decrease from the previous number of 158.316 USD for 01 Dec 2023. Nigeria E-Commerce Transactions: AOV: Business & Consumer Services: Marketing & Advertising data is updated daily, averaging 172.429 USD from Apr 2019 (Median) to 06 Dec 2023, with 120 observations. The data reached an all-time high of 5,198.753 USD in 02 Aug 2019 and a record low of 5.639 USD in 28 Oct 2023. Nigeria E-Commerce Transactions: AOV: Business & Consumer Services: Marketing & Advertising data remains active status in CEIC and is reported by Grips Intelligence Inc.. The data is categorized under Global Database’s Nigeria – Table NG.GI.EC: E-Commerce Transactions: by Category.

The African yogurt market, valued at $1.48 billion in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 6.06% from 2025 to 2033. This expansion is driven by several key factors. Rising disposable incomes across major African economies like South Africa, Nigeria, and Egypt are fueling increased consumer spending on convenient and nutritious food products, including yogurt. A growing health-conscious population is increasingly recognizing yogurt's nutritional benefits, leading to higher consumption. Furthermore, the expanding retail infrastructure, particularly the growth of supermarkets and convenience stores, provides wider distribution channels for yogurt manufacturers. Innovative product development, including the introduction of new flavors catering to local palates and the rise of non-dairy yogurt options to meet diverse dietary needs, further fuels market growth. However, challenges remain, including fluctuating raw material prices, intense competition, and variations in consumer preferences across different regions within Africa. Successfully navigating these challenges will be crucial for continued market expansion. The segmentation analysis reveals a diverse market. Dairy-based yogurt currently dominates, but the non-dairy segment is expected to gain traction due to increasing demand for vegan and lactose-free options. Flavored yogurt enjoys significantly higher demand than plain yogurt, reflecting consumer preferences for taste and variety. Supermarkets and hypermarkets represent the primary distribution channel, although convenience stores and online channels are witnessing notable growth, signifying evolving consumer shopping habits. While South Africa, Nigeria, and Egypt represent the largest markets, significant growth potential exists in the "Rest of Africa" segment as economies develop and consumer awareness increases. Key players like Danone, Nestle, and Chobani are actively competing in this dynamic market, investing in product innovation and distribution networks to capture market share. Strategic partnerships with local distributors and targeted marketing campaigns tailored to specific regional tastes and cultural preferences will be critical for long-term success. Recent developments include: In 2021, Chobani LLC launched new flavors of zero sugar yogurt. According to the company, these new flavors are Mixed Berry and Strawberry, respectively. The strategy behind the new launch and product innovation is to offer consumers a sugar-free product so that the company can target diabetic patients, and also this specific strategy will enable the company to expand the business and enlarge the company's product portfolio., In June 2021, General Mills and Mars Inc.'s new mashup were Yoplait Skittles, a limited-edition yogurt launched in June that is designed to taste like Skittles candies. Available in 6-oz cups containing 160 calories each, the yogurt comes in three varieties: Original Skittles, Wild Berry Skittles, and Skittles Smoothies., In April 2021, General mills announced the launch of yogurt that will pack more protein per cup than any other on the market. The new yogurt, called Ratio: Protein, follows the company's introduction of Ratio: Keto, which targets consumers tracking their three macronutrients: fat, protein, and carbohydrate. It's the latest in a series of yogurt launches at General Mills, targeting consumers with very specific dietary or taste preferences.. Notable trends are: Growing Demand for Probiotic Food.

USD 0.22 Million in 2024; projected USD 2.6 Million by 2033; CAGR 31.92%.

The Nigerien prepared culture media market surged to $1.9M in 2024, growing by 74% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a prominent increase. As a result, consumption reached the peak level of $8.8M. From 2014 to 2024, the growth of the market remained at a somewhat lower figure.

Nigeria Power Market size was valued at USD 11.53 Billion in 2023 and is projected to reach USD 22.8 Billion by 2031 growing at a CAGR of 8.93% from 2024 to 2031.

Key Market Drivers:

Rapid Population Expansion and Urbanization: Nigeria's rapidly rising population, with an annual urban growth rate of 4.1% according to the World Bank, drives up electricity demand. As of 2022, more than 52% of Nigerians live in cities, with cities like Lagos demanding 6,000MW of power per day for its 20 million population, emphasizing the need for infrastructural upgrades.