The food processing industry in Nigeria is growing rapidly, presenting both challenges and opportunities. As the population increases and the demand for processed foods rises, it's essential to understand the current trends, key players, and the obstacles that this industry faces. This article will explore these aspects and provide insights into the future of food processing in Nigeria.
Key Takeaways
- The food processing sector contributes about 5% to Nigeria's GDP and represents over 22% of the manufacturing industry.
- Small and medium-sized enterprises (SMEs) dominate the market, while international brands also play a significant role.
- Challenges include infrastructure issues, high operating costs, and competition from imported brands.
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Food Processing Industry Expansion in Nigeria
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