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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.

Find further information concerning the price per unit in the 'Sauces & Spices' segment of the food market in Uruguay and the average revenue per capita in the 'Milk Substitutes' segment of the food market in Japan.

The Statista Market Insights cover a broad range of additional markets.

Revenue in the confectionery segment of the food market Nigeria from 2019 to 2029 (in billion U.S. dollars)

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Supplementary notes

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.

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